Midterms: was it the war, or the wallet?
Democrats are projected to win the House and Senate, and exit polls give two reads. 74% said the Iran war was a crucial or major factor, while about 90% said the same of cost of living.
Oil runs through both, with WTI up 39.6% since the war began.
History is part of the story too: the president's party has lost House seats in 18 of 20 postwar midterms.
WTIOIL-USDC on Based was $95.79 as of Nov 4, UTC. Exit polls are early figures, and results are network projections.
*Perpetual futures. Leverage carries liquidation risk. Not investment advice.
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Amazon just reported its Q3 earnings.
AWS revenue surged 39% to $46B.
Amazon's operating margin hit a record 13.9%.
But strong growth didn't mean a strong market reaction.
EPS missed estimates at $1.89 vs. $1.96 expected. $AMZN dropped more than 6% after the close.
And the cloud race is bigger than Amazon.
$MSFT, $GOOGL, $ORCL, $NVDA, and $CRWV.
All competing in the cloud and AI ecosystem.
One race. Multiple players. Different takes.
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Robinhood just posted its biggest quarter ever.
> $1.42B revenue, adjusted EPS beat, record trading volumes.
But crypto revenue fell 55% and revenue came in just shy of estimates.
> $HOOD fell as much as 8% after the report.
Same numbers. Different takes.
Bullish or bearish? The market always has two sides.
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SK hynix just reported a record quarter!
$78.8B revenue, $62.8B operating profit, ~80% operating margin.
Seems like demand for AI memory is lifting memory stocks.
On Based in 24h:
$SKHYNIX +10.3%, $SAMSUNG +8.8%, $KIOXIA +15.0%.
Not just chips.
80 of 98 stocks on Based are green.
Is the KOSPI bottom in, or is this just a relief rally?
Either way, trade $SKHYNIX 24/7 on Based.
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Not public yet, but already trading on Based!
$69M in open positions across Pre-IPO markets for OpenAI, Anthropic, Jio, and Oura.
Anthropic filed its S-1 yesterday, and its markets were already live.
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