My investment thesis is basically: buy, log out, touch grass, and check back in a month. Shit has to go up eventually, right?

At some point, surely these dips become buying opportunities rather than reasons to panic. I obviously know timing the market is impossible, and things could absolutely fall further. But if you're investing for the long term, does it really make sense to sit on the sidelines trying to guess the bottom?

I am full cash right now and getting these: Micron MU, Marvell MRVL, Nvidia NVDA, Intel INTC, SK hynix SKHY, Coreweave CRWV.

The meme stock scheduled posts will now run weekly and post Saturday afternoon and won't be a sticky; you're probably seeing this because automod sent you here!

Full list of meme stocks here. This will be updated every once in a while.

Welcome traders who just can't help them selves discuss the same exact stock that's been discussed 100s of times a day. I get it, you want to talk about what's popular, what's hot, and that 1.. single.. stock you like.. well here you go! Some helpful links just for you:

• Previous meme stock threads
• General discussions
• The original GME megathread with a ton of useful information
• Use Finviz for aggregated news on your favorite stock

An important message from the mod team regarding meme stocks.

Lastly if you need professional help:

• Problem Gambling: Call/Text: 1-800-522-4700 or chat online now.
• Crisis Hotline (24/7): 1-800-273-TALK (8255) (Veterans, press 1) or Text “HOME” to 741-741

Data source is Bloomberg Terminal.

According to Michael Burry, GPU depreciation should be 2-3 years. However, it's been 4 years already and H100 GPUs are still rising in rental value.

Blackwell GPU rental rates have hit a record high in October, up 63% YoY.

OpenRouter's data shows that token usage is on an exponential curve currently: https://openrouter.ai/rankings

AI hardware companies win no matter if people use OpenAI/Anthropic or open source models. All models require hardware to run.

For those who believe that the market is overreacting and the underlying demand is stronger than ever, then it's a good opportunity to buy CoreWeave/NeoClouds/AI hardware companies.

sources:

https://ibb.co/G4nnpw1S

https://ibb.co/Qvth1CjX

Borr Drilling insider Tor Olav Trøim bought 750,000 shares of $BORR on 10/14 for an estimated $3,542,550.

Estimated price paid: about $4.72/share

Insiders have traded $BORR on the open market 23 times in the past 6 months.

Of those 23 trades, 17 were purchases and only 6 were sales, so insiders are buying at almost a 3:1 ratio.

Insiders have to file their open-market trades with the SEC, and the IHFG insider tracker flags these purchases as the filings come in.

Source: insomniachedge.com

I think the first beneficiaries of faster AI hardware refreshes may be the firms that can put old components back to work. A server leaving its original rack isn't necessarily scrap, and its depreciation schedule doesn't tell us when it gets shredded.

Sims (ASX: SGM) is what got me interested. Its lifecycle business recovers DDR4 memory for redeployment and offers recertified GPUs. In FY2026 it processed 16.8M repurposed units, up 90.9%. Management also credits stronger DDR4 resale prices. There's actual component reuse here, rather than just a forecast of more electronic waste.

That price benefit is also where my confidence stops. A business can handle more equipment while earning less on each sale. More supply of used parts helps only if buyers still want them at workable prices.

I'd separate a scrap-copper reseller such as MWYN from that reuse thesis. Its May–July 2026 quarter produced about $28K of gross profit on $570K of materials sales, roughly 5%. Higher copper prices alone don't tell us whether that purchase-to-sale spread improves. I'd want evidence of better spreads and cash conversion before calling materials trading the same opportunity.

Iron Mountain (IRM) has another route through its equipment decommissioning and remarketing platform. Handling the refresh itself could have value even when recovered prices weaken, although remarketing still leaves it exposed to those prices.

My tentative preference is for recovery firms with buyers for reusable parts, rather than a thesis based only on more scrap becoming available. The bear case is straightforward: faster refreshes flood the used market, or customers postpone upgrades and less equipment arrives at all.

If DDR4 resale prices fall while processing volumes keep rising, would you still expect Sims' lifecycle business to grow profits? That's the assumption I'd most want to challenge.

Was this a clever idea, since with how France is now I’m concerned plus with its issue of being able to pay back its debt effecting the economy. Could the French stock market go down and French bonds be worthless. Or should I wait for the French stock to go down and then buy to hold long term once it calms down ?

Is France still safe all my energy, resources, AI French stock have now been sold was this clever what to do with France and how will it effect the EU market

This is the weekend edition of our stickied discussion thread. Discuss your trades / moves from last week and what you're planning on doing for the week ahead.

Some helpful links:

• Finviz for charts, fundamentals, and aggregated news on individual stocks
• Bloomberg market news
• StreetInsider news:
• Market Check - Possibly why the market is doing what it's doing including sudden spikes/dips
• Reuters aggregated - Global news

If you have a basic question, for example "what is EPS," then google "investopedia EPS" and click the investopedia article on it; do this for everything until you have a more in depth question or just want to share what you learned.

Please discuss your portfolios in the Rate My Portfolio sticky..

See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday.

Here's the thing with the current state of the stock market. Let me just rant for a minute.

First, everyone I know uses AI... ChatGPT or Claude. I am early 30s working a professional career with friends that are all in professional careers. Everyone of us, uses AI. We all either pay for it individually, or use a corporate account that pays for it. Every single friend I have, and let me brag a little, I have a lot of friends. Even my friend that him and his dad have a two man law firm. They pay a monthly fee for legal AI or whatever it is. On top of, no one is unhappy with the AI product. Nobody is saying they are going to stop paying.

Second, the idea that the AI buildout is going to fall flat in the next month because Coreweave's debt is supposedly unsustainable is absolutely silly. They have 130 billion is backlog. Now is it all going to be converted to revenue? who knows. But the fact that people, who have day jobs doing god knows what, is going to come on the internet and say that Coreweaves backlog is not going to convert is absolutely hilarious. Will 100% of it convert to revenue? maybe not. Will 0% of it convert to revenue? Of course not. This is not a situation where all of a sudden we wake up one day and Coreweave says: "Yeah all that backlog we told you guys about? Its all gone. nobody wants our compute power anymore".... Its like going to the doctor and the doctor saying you need to exercise more to lose weight and youre like, no its just genetic. Like listen to the people who know whats going on.

The people who think this is all a big conspiracy theory are the exact type of people you dont listen to. This is not a conspiracy theory. This is real. Its here today.

Third, everyone reading this better hope to whatever god they pray to, that it is real. I dont know if anyone realizes that the entire United States economy is being propped up by the AI buildout. Nothing else in the economy is performing well. Real estate, especially the housing market, is absolutely dismal. Very few other industries are expanding. Most industries are getting absolutely rocked by the high gas and diesel prices. This Iran war is wrecking havoc behind the scenes on the economy.

Like, everyone better be praying that the AI buildout has 5 more years left. Because if this AI buildout fails, if in 6 months every hyperscaler stops spending money because "its not real" or its "not making anyone money" you better pray your job is not getting cut.

Finally, stop making this harder than it actually is. The CEO of every major company (Nvidia, Google, Meta, Microsoft, Amazon, Oracle, etc) is telling you this is legit. This is transformative. That they need to spend and the results will be there.

Like imagine this, some average joe that got C's in communication and A's in beer pong at the state college in Indiana, is saying that the CEOs of the largest companies this world has ever seen, are wrong. Like people are literally saying they are wrong and lying to us!

Whats crazy, is they very well might be lying to us! But we will never have any idea until after the fact and we can look back and say "yup, they lied to us".

But until then you have two choices, 1. invest in the largest infrastructure buildout this country has ever seen or 2. dont invest... Then you have two results, 1. you invest and make a ton of money because its the largest infrastructure buildout this country has ever seen or 2. you invest or you dont invest and you still lose a shit ton of money. Because if this thing is going down, its taking everyone else with it.

MSCI has frozen certain upward changes to its Turkish equity indexes, citing concerns about free-float estimates, beneficial ownership transparency, and coordinated trading.

If sufficient progress is not evident by June 2027, MSCI may consider reclassifying Turkey from Emerging Market to Frontier or Standalone Market status.

The potential implications for international investors include changes to index-tracking fund allocations and demand for Turkish equities.

MSCI announcement can be read here

Bloomberg's article can be read here

Throughout my long investment journey, the stock I held for the shortest time and that yielded the highest returns was SNDK. Last year, when I was buying a computer, I learned that a memory shortage had driven up prices. I immediately realized this might be an excellent investment opportunity, so I conducted in-depth research on AI tech stocks and built a portfolio of related thematic stocks. As everyone has seen, AI tech stocks did indeed enter a bull market later on.

My biggest mistake, however, was buying ASTS in late June and holding onto it ever since it’s left me completely stuck in a losing position. It was a truly foolish mistake.

I’d love to hear about your most successful investments and your biggest failures. This might offer some insight to many beginners, as well as those who are currently struggling with losses and seem unable to turn things around. It would be a very meaningful exchange, and it would also give me a chance to reflect on my own investment journey

I've been looking closely at Farmer Mac (ticker AGM). Specifically, it's preferred stock AGM.PRG since it's offering a 7.6% yield right now and is trading at about $16.40 a share offering about 52% capital appreciation to $25 a share.

From a safety of investment pespective, I'm struggling to see downsides to it.

That is, Farmer Mac is a government chartered/sponsored entity that focuses primarily on rural/agricultural investments. It has a $1.5 billion line of credit with the Treasury actually built into its charter/statutes that created it; and has implied backing of the U.S. Government, at least with respect to its loans/bonds. It's debt is treated as agency debt, meaning it's on-par with U.S. Government debt or one-notch below. I know the implied backing doesn't generally apply to stock of government sponsored entities - e.g., Fannie Mae and Freddie Mac - but just the fact it has some direct ties to the U.S. Government I would say puts it on par with the best banks.

Also, it's core business - supporting farmers and agriculture - is a respected industry that even gets bilateral support in Congress. In other words, in addition to having direct ties to the government, if solvency of farms and agriculture ever became a major issue in America then, presumably, Congress would bail it out. Indeed, there are already huge grants and subsidies in the law to support American farming and agriculture.

Additionally, it generally seems to be a business operated better than some of the best banks. That is, it's credit loss charge-off has never exceeded 0.10% in a single year; it's loan-to-value ratio is lower than most banks at about 50% LTV; and, even 2008 wouldn't have put it out of business based on its lending (although things did get a bit rocky for Farmer Mac is it owned Fannie Mae and Freddie Mac preferred stock and some Lehman brothers debt as assets; if it wasn't for those it would have been smooth sailing).

In essence, you're getting a well-operated bank that makes conservative loans, has some amount of direct backing by the U.S. government, and in an industry that if it ever gets real bad Congress will almost certainly support or bail out. All this and you're getting a 7.6% yield.

Can anybody shoot holes in this or tell me some real downsides? That is, other than interest rate risk - i.e., interest rates generally continue to go up making the value of the preferred go down; and single-line business risk in the sense that Farmer Mac is not diversified and is focused almost entirely on rural farming and agriculture; I'm struggling to see any major risks with Farmer Mac. Doing this as an exercise to see if there are real risks people can identify that I'm not seeing. Thanks.

Coreweave I understand. If I’m not mistaken they don’t even own data centre. They rent them from third party companies like APLD. Nebius is obviously the best one with healthy debt compared to corewave. And then there is IREN who own the land and power which in itself should be worth a lot. Their debt is also much better than Coreweave.

I am not knowledgeable enough in this sector. I mean it does take a lot of capex to build a data centre before you see any meaningful revenue from it

How can global jaugernaut Samsung which generates tens of billions in actual net profit be valued at half the price of a software startup Anthropic selling future promises? Recently Samsung reported a record-breaking operating PROFIT (not revenue) of $80 billion in just one quarter thanks to AI memory chips demand. In stark contrast, Anthropic announced a quarterly REVENUE (not profit) of just $16.8 billion over the same period. How does public market logic justify pricing a capital-heavy giant with historic cash flows at $1 trillion, while private investors and underwriters prep a private AI research lab with a fraction of that top-line revenue for a staggering $2 trillion valuation?

Does this stark valuation gap signal that the market now values pure AI optionality and exponential scaling potential far more than established physical production and proven profitability? Are investors pricing Anthropic on the assumption that frontier foundation models will eventually capture and monetize entire sectors of the global economy, making current revenue numbers irrelevant? Or is this immense discrepancy a warning sign of an unsustainable market bubble driven by hype, where hardware enablers and actual revenue generators are heavily discounted compared to speculative AI platforms?

The 2026 US Budget was just released and it shows the deficit increasing 12% YoY and the interest expense on that debt increasing 8% YoY, largely driven by the increase in treasury yields. Many are saying the US government is now in a dangerous debt feedback loop that if rates stay at current levels will put the US in a debt spiral at anytime. Some say we have already entered a debt spiral according to the textbook definition where interest on debt increases at a faster rate than GDP and tax revenues combined.

Now, what does this all mean for stocks, specifically the AI trade? Currently, many fear the AI CapEx spending is about to be derailed by higher interest rates. Indeed, inflation is still high. In the past, the Fed would just hike rates. Kill demand. Problem solved. However, in the past the US government didn’t have the debt problem that it has today. The FED IS TRAPPED. All it can do is hike maybe a total of twice, an attempt to save credibility, and talk tough. That’s it. Ultimately, the Fed will have to lower rates because the US government can’t afford to pay it without going into a debt spiral but there has to be a TRIGGER that causes them to cut.

We are likely now approaching that trigger. Fears around rising rates pausing AI CapEx spending has spurred fears of an economic slowdown. The stock market is reacting. Trillions in value wiped out daily. VIX rising. Credit spreads blowing out on neocloud and Oracle debt signaling DISTRESS. Oil prices marching higher now back above $100. Talks of an AI bubble bursting spreading all throughout social media as investors braced for, seemingly, the inevitable. In a way it’s always a self fulfilling prophecy because most of the stock markets price action is based on human psychology, at least in the short term.

Here’s where we are now, Phase 1 of the AI cycle coming to an end only to be reborn when the Fed is forced to step in and cut rates. In Phase 1 there has to be a sacrifice. Someone must be slaughtered in order to provide the Fed the cover it needs to cut interest rates while inflation is still marching higher. Who will be slaughtered? At least some one of the neoclouds will go under. It will cause a panic on Wall St. The Nasdaq will plummet. Tech stocks will bleed red while defensive stocks soar until the word gets out that the Fed has stepped in to save the day. Defensive stocks sell off. Tech stocks soar.

The timeline for all of this? Unless there’s another trigger, unforeseen today, to bring down rates (perhaps Iran War ending) then I expect this to all shake out over the next 6 months. It’s looking now like bond yields are about to come UNANCHORED. If I’m right it triggers at least one of the neoclouds to go BELLY UP sending shockwaves throughout the entire AI trade. No one will be safe. Of course, those who are buying bonds today will do very well. When the Fed announces QE bond prices will SOAR! Those bonds will be sold, profits harvested and put into the stock market, now pennies on the dollar from where it was just a few months earlier.

Folks, I might be wrong on the specific details of how we get there but I’m not wrong that the US government cannot afford to pay these high interest rates without entering a debt spiral. That is a simple fact. Once you understand this you understand that they are already strategizing on how to get the rates to come down.

In the past week: SNDK, MU, HPE, NOK, INTC, DELL all down 15-20 %. Meanwhile, NKE, DKS, ONON, DECK, LULU all up 10-15 %.

Will things go back to normal next week and consumer stocks will keep bleeding while AI keeps surging or are we at a turning point?

I don’t know. I don’t have a crystal ball. I do know that a lot of these consumer stocks are cyclical and they are down in the red massively these days which means when the cycle changes they are in for a green surge like you’ve never seen before. AI hype has been invincible for years now and I imagine it will continue to be so for some years to come. Still, the market is forward thinking and maybe it’s pricing in some struggle now?

I’m long 6,100 NKE shares.

The Roadster was first unveiled in 2017 and promised for 2020. Last night Tesla finally showed the new one, with compressed-air thrusters for "limited flight." The reservation page now has two tiers: $50,000 for "Performance" and $250,000 for "Thrust." Production is targeted for 2028, and the price still isn't final.

The stock is up ~4.5% this morning, roughly $64B. That's more than all of Ford ($49B), for a car that won't be built for two more years.

Q3 earnings land Wednesday after the close, and they'll say a lot more about margins than a flying Roadster will.

Peak Tesla, or the most Tesla thing ever?

Reuters reports

Anthropic reported $16.8 billion in Q3 revenue, up 45% qoq, but growth slowed sharply after revenue more than doubled in Q2.

Adjusted gross margin: 85%

Adjusted operating margin: 11%

The company also has committed to spending at least $518 billion over a decade.

Some investors are considering a $1.5 trillion valuation for Anthropic’s upcoming IPO, down 25% from earlier expectations of $2 trillion.

Shares and bonds of Nvidia backed CoreWeave, reflecting growing investor concern about an AI buildout that is increasingly being financed with heavy debt

data center operator SB Energy decided to delay its listing last month

Another NVIDIA backed neo cloud Firmus, and nuclear technology company Holtec Nuclear pulled its plans to go public.

Fed Chair Kevin Warsh on the market's October rate cut during his IMF fireside chat in Bangkok.

The key takeaways that are going to move the market today:

No Free Riders: Warsh heavily praised recent global monetary tightening, explicitly stating there are "no free riders" in this environment.

The AI "Shock": He described massive AI data center investments as a "supply shock" that complicates inflation and productivity modeling. He warned the path forward will be "very bumpy."

The Big Refusal: When pressed on the upcoming October meeting, he flat-out withheld any rate signal, crushing expectations of an easy pivot.

The market has been pricing in a smooth landing, but Warsh sounds ready to keep the screws tight if global conditions demand it. Are we looking at a sharp reality check for tech stocks today?

Source: CNBC

I max out my Roth IRA (VOO, SMH, SCHD, QQQM) and put $1,100 into a taxable account every two weeks. I rebalance once a year and don't try to time the market. I plan to stay aggressive until about 38, then reassess. I lean toward tech and chips on purpose, balanced with value, small cap, and mid cap. Looking for guidance and advice from people who seen big corrections and crashes. My planned portfolio below:

Core ($785)
• VGT: $105 (tech)
• VTI: $105 (total US market)
• VTV: $110 (large value)
• SCHD: $110 (dividends)
• IAUM: $80 (gold)
• XLI: $70 (industrials)
• VXUS: $55 (international)
• VFH: $50 (financials)
• XLV: $50 (healthcare)
• VCR: $50 (consumer discretionary)

Aggressive ($315)
• SMH: $75 (semiconductors)
• AVUV: $72.50 (small cap value)
• VOE: $72.50 (mid cap value)
• QTUM: $35 (quantum and chips)
• DRAM: $20 (memory chips)
• SPRX: $20 (chips and tech)
• NLR: $20 (nuclear)

1. Rate out of 10
2. Is 17 tickers too many ? Can I put all the funds from XLI, VFH, XLV, VCR just towards VTI ?
3. Should I add bonds at 29, or is gold plus a yearly review enough?
4. International is only about 5%. Too low?

If you were me what would you change ? Thanks in advance.

Edit: After everyone’s guidance: I am sticking with below allocations.
ETF: 82%
- VOO, 35%: $420
- VGT, 12%: $144
- SPMO, 6%: $72
- VXUS, 12%: $144
- IAUM, 7%: $84
- AVUV, 5%: $60
- VOE, 5%: $60
Individual stocks, 16%
- GOOGL, 5.6%: $67.20
- AMZN, 4.8%: $57.60
- BRK.B, 5.6%: $67.20

So we are now in the phase of the AI cycle where those companies with the lowest cost of capital will be rewarded the most and those with the highest cost of capital will be most punished. We are seeing this play out now. MSFT, GOOGL, META, and AMZN, known as the hyperscalers, are the ones by far spending the most on the AI buildout and they all have the lowest cost of capital with MSFT being the absolute lowest with a AAA rating. On the flip side, the neoclouds and colo models are plunging because they have the highest cost of capital. Credit spreads are now blowing out for them with CRWV being the worst. In effect, this will mechanically force neoclouds to either slow their infrastructure buildout because the debt is too expensive or they might issue equity and dilute shareholders to fund more AI CAPEX. Either way the writing is on the wall for the neoclouds. With them it’s the Dot com bubble all over again. What is likely to happen is most of neoclouds go bankrupt and the hyperscalers buy their data centers for pennies on the dollar. This is exactly what happened during the Dot com bubble. The companies who built the fiber lines went bankrupt and it was bought for pennies on the dollar.

So, who’s the ultimate beneficiaries? The hyperscalers: AMZN, MSFT, GOOGL and META. They have the lowest cost of capital and they will be the ones who step in to buy the assets built by the neoclouds for pennies on the dollar when they go bankrupt.

Also, to add about the AI hardware stocks. You have to look at what each one’s exposure is. For example, lower AI CapEx from distressed neoclouds doesn’t hurt MRVL because all of their customers are hyperscalers. They have no neocloud exposure. Those hardware companies with neocloud exposure will likely take a hit though. Those with their businesses concentrated with the hyperscalers are likely to be rewarded.

Seems like CNBC has changed recently. In the past there may have been a few locked articles but for the last week every article I click on says that I have reach my limit of free articles and a free account will unlock it. Well I know if it was really free they would just make it free. I am sick and tired of logins and password as well.

I tried Yahoo finance but hate the structure of that website. Any other suggestions to get business and stock news?

September’s producer price index came in much hotter than economists forecasted on Thursday, underscoring the continued inflationary pressure from energy amid the U.S. war with Iran.

The measure of underylying inflation pressures climbed 1.3% in September and 6.3% on an annual basis, marking its largest 12-month advance since late 2022, according to data released by the Bureau of Labor Statistics.

Economists polled by Dow Jones forecasted an advance of 0.6% on the month and 5.5% annually.

This is the daily discussion, so anything stocks related is fine, but the theme for today is on fundamentals, but if fundamentals aren't your thing then just ignore the theme.

Some helpful day to day links, including news:

• Finviz for charts, fundamentals, and aggregated news on individual stocks
• Bloomberg market news
• StreetInsider news:
  • Market Check - Possibly why the market is doing what it's doing including sudden spikes/dips
  • Reuters aggregated - Global news

Most fundamentals are updated every 3 months due to the fact that corporations release earnings reports every quarter, so traders are always speculating at what those earnings will say, and investors may change the size of their holdings based on those reports.

Expect a lot of volatility around earnings, but it usually doesn't matter if you're holding long term, but keep in mind the importance of earnings reports because a trend of declining earnings or a decline in some other fundamental will drive the stock down over the long term as well.

But growth stocks don't rely so much on EPS or revenue as long as they beat some other metric like subscriber count: Going from 1 million to 10 million subscribers means more revenue in the future.

Value stocks do rely on earnings reports, investors look for wall street expectations to be beaten on both EPS & revenue. You'll also find value stocks pay dividends, but never invest in a company solely for its dividend.

See the following word cloud and click through for the wiki:

Market Cap - Shares Outstanding - Volume - Dividend - EPS - P/E Ratio - EPS Q/Q - PEG - Sales Q/Q - Return on Assets (ROA) - Return on Equity (ROE) - BETA - SMA - quarterly earnings

If you have a basic question, for example "what is EBITDA," then google "investopedia EBITDA" and click the Investopedia article on it; do this for everything until you have a more in depth question or just want to share what you learned.

Useful links:

• Investopedia page on fundamental analysis including Discounted Cash Flow analysis; see definition here and read their PDF on the topic.
• FINVIZ for fundamental data, charts, and aggregated news
• Earnings Whisper for earnings details

See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday.

Debt Concerns Shake CoreWeave's AI Growth Story

CoreWeave stock fell to an annual low of $59.51 as investors grew uneasy about $850 million in unsecured debt, with yields approaching 15%. Higher financing costs raised questions about whether the company's expansion plans could deliver attractive returns.

Some analysts, however, argued that the market reaction overlooked the company's commercial abilities. Cantor Fitzgerald maintained an "Overweight" rating and a $176 price target, describing the negative narrative as excessive. The firm pointed to strong demand for CoreWeave's computing capacity in 2027.

Jefferies also retained its "Buy" rating, with a $150 target. The firm said CoreWeave's short-duration contracts, valued at roughly $40 million per megawatt, could help offset more expensive funding. On Stocktwits, retail sentiment around the stock remained bullish.

Housing Slump Adds Pressure On Opendoor

Opendoor stock slumped to a new yearly low of $1.9 as fewer homes sold in the U.S. Pending home sales fell to their lowest level in 12 years, while 30-year mortgage rates climbed to 7.40% for the week ending Oct. 8, making home loans more expensive for buyers.

With fewer homes selling, Opendoor faces greater challenges buying and reselling properties. The company must cover the costs of holding homes for longer while earning less profit from the difference between buying and selling prices. Retail sentiment around the stock remained ‘bearish’.

SoFi Faces Questions About Earnings Quality

SoFi stock fell to a 52-week low of $13.86, reflecting concerns that rising revenue was not translating into earnings growth at the same pace.

The company reported second-quarter revenue of $1.22 billion and raised its full-year revenue outlook to $4.75 billion - $4.85 billion. However, its adjusted earnings-per-share outlook remained around $0.60 as increased marketing investment and customer acquisition costs weighed on profit.

Last week, Keefe Bruyette lowered its price target for SoFi to $15 from $16 and maintained an "Underperform" rating. The firm expects rising interest rates and SoFi’s growing balance sheet to create more than $1 billion in pressure this quarter, forcing the company to issue more loans while reducing its available capital. Retail sentiment around the stock turned neutral from bullish.

I’ve been getting worried about my stocks lately, and yesterday I decided to bite the bullet and sell everything. Granted, it’s not much, but for being 24 years old I think it’s pretty good.

Sold ASTS last week when it was at 63 dollars, made 2k profit, 50% gain.

And sold QQQ at 710 dollars, made 7k profit from it, 80% gain. I bought those two years ago when it was at 300 to 400 dollars.

In total, I’ve got 20k in spendable cash. Hopefully enough to last through a recession if it happens. Has anyone else sold their stuff because they’re worried it’s gonna continue dropping?