From the deep reaches of the inner mind, to the lighthearted musings of a friendly conversation, to investing and crypto ramblings, to reflections on pop culture phenomenona: assorted subjects and scattered connections.
1 Aug 2022 1 minute read 0 comments RocketEnthusiast
It was announced this morning that electric truck maker Nikola will acquire EV battery company Romeo Power in all-stock deal. The acquisition values Romeo at $144 million, which is a 89% discount from where the company was valued when it was brought...
30 Jul 2022 1 minute read 0 comments RocketEnthusiast
Shares of media company Getty Images surged on Friday. In premarket trading, traders pushed the stock up to $33. GETY reached an intraday high of $29.53. Talk about a gap up from Thursday's close of $10.50 - elevator up! So what's the reason behind...
30 Jul 2022 2 minute read 0 comments RocketEnthusiast
Two Carbon Black Partnerships Announced This week, Origin Materials has announced two separate partnerships. Intertex, a global distributor of synthetic rubber, chemicals, and carbon black has signed an off-take agreement to purchase sustainable carb...
29 Jul 2022 1 minute read 0 comments RocketEnthusiast
Electric semi-truck maker Nikola is essentially fighting to stay afloat. While the company retains $385 million cash on hand as of March 31, 2022, the company is seeking the necessary votes from shareholders to increase authorized share count. This s...
28 Jul 2022 1 minute read 0 comments RocketEnthusiast
This is a big cricket. It was hanging out in front of a coffee shop, on the parking lot today. A couple of times it jumped while I was trying to take its picture, once landing on its back and taking a few moments to recover back on to its legs. As...
28 Jul 2022 1 minute read 0 comments RocketEnthusiast
Origin Materials bills itself as "the world's leading carbon negative materials company." The company has developed a proprietary tech platform that converts biomass into useful materials, capturing carbon in the process. Their mission is "to enable...
27 Jul 2022 1 minute read 1 comment RocketEnthusiast
The Fed has just announced a 75 basis point raise to combat continued inflation. This is the second 75 bps raise in as many months. The raise comes as really no surprise, as markets had pretty much priced it in. Some were expecting the possibility of...
27 Jul 2022 1 minute read 1 comment RocketEnthusiast
Famous American investor and "Big Short" Michael J. Burry has taken to Twitter tonight with an eye-popping Tweet: A last hurrah before the US economy is officially in a recession? The stock market is already in a bear market. Perhaps Mr. Burry is su...
26 Jul 2022 1 minute read 1 comment RocketEnthusiast
Coinbase is under scrutiny today, as it was announced this morning that the company is under investigation by the Securities and Exchange Commission. Specifically, they are questioning whether or not certain digital assets should have been registered...
26 Jul 2022 1 minute read 0 comments RocketEnthusiast
Many people think that Bitcoin may have finally bottomed at around the 20k level. There are some who believe there is further room to the downside, pointing to 13-14k as a bottom before it can finally start going back up to a new high. Then, of cours...
