Who would have thought? Toyota Motor $TM is soaring (up another +7% on Tuesday) while Tesla TSLA is down -37% since July '23 high.
Source: Bloomberg
Daily Bitcoin ETF Cointucky Derby update.
Another net positive inflow day. But looks like the daily inflow streak has ended at 16 trading days for Ark/21Shares and Bitwise. Source: Bloomberg intelligence, James Seyffart
Market mood
Source: hedgeye
JUST IN: Michael Saylor’s MicroStrategy just bought another 850 Bitcoin worth $37.2m.
MicroStrategy now holds 190,000 Bitcoin worth $8.2 BILLION (vs. Market cap of $6.8 BILLION). Source: Bitcoin Archive
12 Financial KPIs every investor should know.
Source: The Investing for Beginners Podcast
New York Community Bank stock, $NYCB, the bank that acquired the collapsed Signature Bank, crashes another 25% today.
The stock is now down a massive 61% in 2024 to its lowest level since June 2000. Currently, roughly 40% of NYCB's assets are not under FDIC insurance. The stock's decline accelerated after the bank posted an unexpected $260 million loss in Q4 2023. Is the regional bank crisis back? Is it NYCB just the first domino to fall? Source chart: www.zerohedge.com
Is nvidia the most fundamentally sound rally ever?
Chart below shows NVDA free cash flow per share vs share price. Source: TME, Goldman
Nvidia was only worth $9bn 10 years ago and is now worth almost $1.7tn, i.e. 184 times as much.
Source: HolgerZ, Bloomberg
