BlokchainB

charts_and_numbers

Pedestrians killed annually in motor vehicle accidents

k00b

Man what happened in 2010?!! Was that when the iPhone came out? 

Meta Tells Its Metaverse Workers to Use AI to ‘Go 5X Faster’

0xbitcoiner

Yeah I’m not excited about metaverse but millions of roloblox players might be. They need to get the tech right. VR headsets are still too clunky 

bitcoin

Guide for setting up LN URL auth log in?

siggy47

Politics_And_Law

The Responsible Financial Innovation Act draft in the Senate

Scoresby

econ

Do Americans Need to Worry About the National Debt?

spiderman

I think we still have a lot of runway before it becomes a serious issue. 

Most of the debt interest payments that are made are funneled back into the majority of the American economy.  What people fear is the rising costs of food and energy. 

bitcoin_beginners

Your Bitcoin learning hub is here (and it’s completely free!)

Free is best!! Saw a security course for $2,100! I’m like whoa 

@ramblingman's bio

ramblingman

Animal_World

Snake Breed Of The Week — Worm Snake

gaming

This $299 Rubik’s Cube swaps colored squares for LCD screens

StillStackinAfterAllTheseYears

Jack Dorsey Calls for Tax Exemption on Small Bitcoin Payments

Dorsey putting peer to peer payments on his back 

Stacker Saloon

saloon

Stacker_Sports

How Billionaires Broke The NFL's Most Loyal Fans - Buffalo Bills

Wumbo

I agree 1000% I hated this deal for Buffalo and New York State. That $800M could have been used to revitalize the city. 

Stacker_Stocks

![](https://m.stacker.news/111557)

An ETF exclusively for meme stocks relaunched yesterday, like a phoenix rising from the ashes

The Roundhill Meme Stock ETF is back, in case you wanted a gut check for how much retail is in the driver’s seat for the market these days.

The actively managed ETF started trading under the ticker “MEME” Wednesday. It’s a relaunch of a product from Roundhill that opened in December 2021, the same year as the OG GameStop meme stock craze, before shuttering about two years later. 

“There still remains a feeling among the  Wall Street establishment that retail in aggregate, and especially the connectivity with meme stocks, is a non-serious endeavor,” Roundhill CEO Dave Mazza told Sherwood News. “But what we’ve learned, particularly in the post-Covid period and then into 2025, is that the power of retail investors across the broader market is particularly strong.”

The first iteration of the meme stock ETF used elevated social media activity and high short interest to screen for its components. This time around, Roundhill is aiming to take a more forward-looking approach to selecting companies that have a high potential for big swings. 

After screening out the US-listed stocks and ADRs that are not among the top 200 most highly traded securities, Roundhill will then use the options market to zero in on 30 securities from the remaining list that have the highest implied volatility.

From those 30, through a mix of quantitative and qualitative research, the fund managers will select 13 to 25 stocks that will be held in the ETF. Mazza spotlighted Reddit and X as two of the social media platforms that will be key sources for Roundhill to get a handle on retail sentiment.

The Takeaway

It’s just yet another sign of how much people want what retail’s having. 

To Mazza, the approach is about trying to be more adaptive to changing themes and a little closer to the ground floor in identifying and piggybacking names where retail traders see immense upside potential. The prior iteration rebalanced once every two weeks, while this time the meme stock ETF will trade “at least once a week, if not more frequently,” he said.



⚰️ Requiem for a Meme - Snacks

Oracle — and the whole AI trade — take a hit after report says its AI cloud business isn’t making all that much money

You buy Nvidia’s flagship chips because they’re supposed to be best in class, empowering you to build better AI capabilities or make lots of money off other companies that want to harness the power of the AI boom.

Not quite, per a report from The Information, which revealed that in the three months that ended in August, Oracle lost almost $100 million renting Nvidia’s Blackwell chips.

The report explains that some of this is a timing issue, a gap between getting data centers equipped for use and when customers start paying for services.

Citing internal documents, The Information says that Oracle’s “fast-growing cloud business has had razor-thin gross profit margins in the past year or so,” booking a gross profit of $125 million on rentals of servers that utilize Nvidia chips for the three months that ended in August, resulting in a gross margin of just under 14%.

The pain quickly spread, with stocks including Nvidia, its top AI chip rival Broadcom, memory chip specialist Micron, foundry giant TSMC, neocloud companies Nebius and CoreWeave, disk drive sellers Western Digital and Seagate Technology, data center company Cipher Mining, and zero-revenue nuclear energy firm Oklo all taking a dive. Nvidia and Broadcom did claw their way back to flat by the end of the session.

In a reversal of how OpenAI’s deal with AMD buoyed the AI trade on Monday, this news sparked a broad-based retreat. 

The Takeaway

On one hand, this isn’t great news: `if you buy a money printer from Nvidia, you expect it to print some dang money, ` and you can be certain that investors haven’t run up the price of these AI assets just to eventually squeak out a 14% gross profit margin. But on the other hand, it’s still the very early days, and it does take time to actually get these chips set up and going forward as a business, and early costs are far from an indication of future problems with the bottom line. 

Parent company of the New York Stock Exchange is predicting big things with Polymarket bet

When you think of the New York Stock Exchange, you might think of the famous Charging Bull statue or an image of a wild-haired trader on the floor, yelling buy and sell orders (though of course almost all trades have been done electronically for quite a while). What you don’t think of is a place where the outcome of Sunday’s NFL matches matters. But the parent company of the NYSE, Intercontinental Exchange, is thinking about the future of futures and announced a $2 billion investment into prediction market Polymarket on Tuesday. 

Right now, Polymarket is barred from business in the US, so the initial scope of the deal focuses on ICE becoming the distributor of the data produced by Polymarket’s predictions business. But Polymarket is expected to begin offering trading in the US again soon, and that has big implications:

The sports betting business is likely to feel continued pressure from prediction markets. Last year, Americans wagered $140 billion on sports, and much of it flowed through FanDuel and DraftKings. 

The industry argues that prediction markets are a form of financial derivatives and not sports betting, and therefore should be federally regulated by the CFTC. 

`That could mean prediction markets will bypass state and tribal laws and constraints on sports gambling.` In other words, while the majority of states already allow some form of online betting on sports (here’s the map), event contracts can be traded in every state.

Online platform Kalshi, with a $1 billion valuation, is already live across the US, and its small moves enabling betting on more than yes/no outcomes in sports have already shown how big the impact could be. 

The Takeaway

Bloomberg’s Matt Levine also has this new deal on his mind, and wrote in his Money Stuff newsletter, “Financial markets and sports gambling are merging, and some big financial firms now go around acting like there is no difference between them.” He added that we shouldn’t be surprised, as ultimately “the purpose of the New York Stock Exchange is to give you the bets you want,” whether that’s betting that stock X will go up or that team Y will win the big game. 

🌨️ Oracle’s cloudy outlook - Snacks

🟧 126K again in October? YES/NO ⚡️Predyx

mega_dreamer

Beat me to the punch!! Good video showing how Mr. Pegula priced out the working class fan. Sad to see 

the_stacker_muse

I took a week off from my life

plebpoet

videos

MDTA Begins Test Pile Program for Francis Scott Key Bridge Rebuild

Blok Whatcha Buying? Week #6 (Week 41 of 2025)

The balance sheet looks great! (As of June 2025)

![](https://m.stacker.news/111524)