Author: tremendousblog
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At its recent earnings call, AMC Entertainment Holdings, Inc. CEO Adam Aron revealed that the company may create its own non-fungible tokens (NFTs). These unique pieces of digital art are exploding in popularity, per DappRadar: In Q3, the NFT space generated over $10.67 billion in trading volume. This represents an…
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+ Blockchain, Crypto, Finance, Investing, NFT, NFTs, Reddit, Stock Market, Stocks, Tech, Wallstreetbets+
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The Problem Bonds are a big part of many investors’ portfolios. But yields today are close to nonexistent. Since 2009, rates have been at or below the rate of inflation. Two bond funds I own pay 1.88% and 1.45% respectively. Inflation is currently running at about 4.8%. This means I’m…
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Fails to deliver in shares of AMC Entertainment Holdings, Inc. jumped over 2700% in the latest data from the SEC. After falling to a low level at the end of September, fails to deliver exploded in October. As of October 14th, the last day in the latest data set, they…
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Citadel Securities LLC has demanded the dismissal of a pending lawsuit in federal court in South Florida. The grounds: the recent SEC report on January’s meme stock rally did not find collusion between its hedge fund arm, Citadel LLC, and Robinhood Markets, Inc. The lawsuit alleges that Citadel pressured Robinhood…
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Breast cancer killed 685,000 women worldwide last year. But the Cleveland Clinic has a new drug that could change that: Cleveland Clinic researchers have opened a novel study for a vaccine aimed at eventually preventing triple-negative breast cancer, the most aggressive and lethal form of the disease. Triple negative breast…
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New Jersey has an election tomorrow, pitting Democratic Governor Phil Murphy against Republican candidate Jack Ciattarelli. While researching who to vote for, I came across a startling piece of information. From NJ.com: Ciattarelli has vowed to cut $10 billion in spending from the budget. But he has not outlined what…
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If you’re a fellow New Jerseyan, you know a big election is coming up. We have the constant barrage of commercials and junk mail to prove it. Doing some research on the races today, I came across an interesting initiative Governor Phil Murphy recently passed. It’s called the NJ Innovation…
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At last count, 57,610 people have signed a petition at Change.org to ban payment for order flow. This practice involves market makers paying brokers for the chance to complete trades. The market makers claim they complete the trade at slightly better than public market prices while still making a small…
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Hedge fund Citadel LLC has amassed the largest position in AMC Entertainment Holdings, Inc. of any hedge fund. For investors in AMC, Citadel and its CEO, Ken Griffin, have often served as archvillains. And not without reason. A pending lawsuit in Florida alleges that Citadel Securities LLC may have pressured…
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Everyone loves Ethereum, right? It’s widely used and has a ton of code already out there for developers to slot into their projects. But there’s one problem. Ethereum can only process about 15 transactions per second. And the huge amount of computing power needed has gotten expensive. Some transactions can…
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Tremendous 