Markets - Where did all the stocks go?
Public Companies In Decline
The number of public companies has fallen fast by Matt Phillips, David Crowther 4/28/24
"...After analyzing the effects of mergers, private-equity investment, and regulatory costs, the paper suggests that M&A is the main culprit. (Though they do theorize that higher costs associated with regulation could be a less important contributing factor.)
“Mergers seem to be the biggest driver of this trend,” Ali Sanati told Sherwood. Sanati is a finance professor at the American University in Washington, DC, and a coauthor of the 2023 paper.
The authors categorized mergers according to various financial metrics, noting that mergers motivated around financing and innovation “are the ones that effectively reduce the number of U.S. listings.”
While we are talking about bullshit. Let's convert the #stockmarket to once-per-second call auctions. High frequency trading is a huge waste of resources and incentivizes a lot of technological bullshit to get millisecond or even hundred microsecond latency for no worthwhile social purpose. I have yet to hear any convincing argument that a call auction every 1 second would be worse than the bullshit we have now. In fact it would seem to be unambiguously better.
Tesla stock rocketing after hours simply on the mention of an affordable Tesla in 2025, backed up by absolutely nothing, after nothing but bad news on the financial call.
#Tesla’s Profit Fell 55%, Adding to Concerns About Its Strategy
The first-quarter results will very likely fuel worries that competitors will continue grabbing a bigger slice of a #market dealing with slowing #ElectricCar sales.
#TrumpMedia merger wins investor approval, netting #Trumppotential windfall
TFG will own ~60% of #TruthSocial, which at its current share price would be worth ~$3.3B.
A lockup agreement will prevent him from selling the shares for 6 months.
A long-delayed move that will open the owners of TruthSocial to stock-market investors & grant Trump a stake worth billions he could use to pay down his #legal#debts.
#Trump’s allies & company execs will also be granted bundles of shares in the new company that could be worth millions. But trading on the #stockmarket will also open the company to more public scrutiny, & any drops in share prices would affect the value of those stakes.
Critics have said #TrumpMedia is a “#MemeStock” w/a >$6B valuation they say is out of sync w/its financial outlook. TrumpMedia lost $49M in the first 9 months of last yr & brought in just $3.4M in revenue, per #DWA#SEC filing.
This is probably one of the best YouTube videos I’ve seen on the intersection of mathematics and financial markets. While it’s not as entertaining as movies like The Big Short and Dumb Money, it’s no less fascinating.
I have 2 #TikTok vids for you today. Are we ready to take down Kelloggs? Fuck! YES! I'M READY! #TakeDownKelloggs#BoycotKelloggs
April 1st can't come fast enough. But tbh, I've already started cutting out most major brands, and #Nestle was the first in my hatred stomp...
The stock market is a source of economic instability, market crashes, and, in worst-case scenarios, worldwide economic depressions. Coops don't participate in the stock market and are robust to economic instabilities.
Shares of #Tesla dipped Monday to their weakest level since last May, extending 2024’s brutal selloff for #ElonMusk’s electric vehicle maker as Tesla loses gas compared to its fellow big #technology stocks.
I am sick of the talking heads on the news telling me how great "the economy" is because the stock market is soaring and unemployment is low.
Fist, "the economy" is a euphemism for "rich peoples' yacht money".
Second, I don't own any stocks. I don't know anyone who owns stocks.
The top 1% own more than half of all the stocks.
Third, unemployment being low is just a way of saying wages are so low and cost of living is so high that grandpa and grandma had to end their retirement and go back to work to help pay the rent.
I don't care about stocks.
Tell me the average rent is 30% or less than the monthly wages for a single person working for minimum wage.
Tell me grandpa can go back to fishing and and building bird houses because the bills are covered.
Tell me families don't have to choose between the electric bill and groceries.
The S&P 500 crossed above its January 2022 peak after weeks of wavering. Investors have been buying stocks after homing in on signals that the Fed’s campaign of raising interest rates is over.
If the US #stockmarket is exemplary of trends across the world (which some might argue it is), then the fact that in 2023, finally passive (index) investments funds have more money invested in them than active funds, tells us something about people's faith in the judgment of investment bankers & brokers.
But, here's a key Q.; at what level does the domination of passive funds become unsustainable? There needs to active trading for the indexers to follow; how many is not enough to drive markets?
Stellar Price Prediction - 2023, 2024, 2025, 2026 - 2030 (coinpedia.org)
Stellar Price: CoinPedia's XLM price illustrates the possible price projections for 2023 - 2025 and the years to come.
Stocks Climb to Record, Lifted by Big Tech and Rate Cut Hopes (www.nytimes.com)
The S&P 500 crossed above its January 2022 peak after weeks of wavering. Investors have been buying stocks after homing in on signals that the Fed’s campaign of raising interest rates is over.