Wall Street Millennial

Poll for an upcoming video on the iPhone:

How excited are you for the new iPhone 16 with "Apple Intelligence?"

1 month ago | [YT] | 142

Wall Street Millennial

We just released a video analyzing Keith Gill (Roaring Kitty)’s recent livestream. It’s on our second channel Broken Business Models. The Broken Business Models channel follows a podcast format where we discuss business which we think may be overvalued or unviable.

4 months ago | [YT] | 56

Wall Street Millennial

Sam Bankman-Fried's sentencing is scheduled for March 28th. A court-appointed probation officer recommended a 100 year sentence. SBF's lawyers are asking for a lenient 5 year sentence in light of his "charitable works and demonstrated commitment to others". How many years do you think he will get?

7 months ago | [YT] | 293

Wall Street Millennial

Binance will pay a $4.3 billion fine to settle money-laundering charges and CEO Changpeng Zhao (CZ) will step down. Good riddance to one of the shadiest characters in the crypto world. I hope the fine won't come out of user funds.

techcrunch.com/2023/11/21/binance-to-pay-4-3b-in-f…

11 months ago | [YT] | 1,118

Wall Street Millennial

What sentence should Sam Bankman-Fried receive?

11 months ago | [YT] | 341

Wall Street Millennial

Should we continue to add background music to our videos?

1 year ago | [YT] | 115

Wall Street Millennial

🎉 1 Million Views Achieved! 🎉

Our recent video about the rise and fall of Richard Branson just crossed the 1 million view mark, a first on the Wall Street Millennial YouTube channel. We want to thank all of our regular viewers who made this tremendous achievement possible. Your support means the world to us and we're excited to continue delivering high-quality content.

Video link: https://youtu.be/XvP7RV2umRU

1 year ago (edited) | [YT] | 481

Wall Street Millennial

SEC deals knockout blow to Coinbase

Today the US Securities and Exchange Commission sued Coinbase alleging the crypto exchange is operating an unregistered securities exchange, broker, and clearing agency. By doing so, Coinbase deprived its customers of the protections and safeguards associated with regulation, in clear violation of US securities laws.

Specifically the commission alleges Coinbase has earned billions of dollars by operating as an unregistered exchange and is seeking disgorgement of these ill-gotten gains plus interest.

Coinbase currently has about $5 billion of cash on their balance sheet and is losing money due to the current crypto winter. Depending on the size of the disgorgement, which the SEC is signaling could be in the billions, this could bankrupt the company.

Goodbye Coinbase

SEC press release: www.sec.gov/news/press-release/2023-102

1 year ago | [YT] | 223

Wall Street Millennial

Cathie Wood is bearish on oil stocks. She thinks oil demand will decrease by 30% over the next 5 years due to increased adoption of electric vehicles. However, the US Energy Information Agency (EIA) projects the total number of combustion engine vehicles will increase throughout 2038 driven by developing countries where most people can't afford EVs. Who do you trust, Cathie Wood or the EIA?

1 year ago (edited) | [YT] | 226

Wall Street Millennial

Twitter just suspended it's $8 per month paid verification subscription just days after rolling it out. As it turns out, they didn't actually verify people who signed up for the service. This led to numerous cases of people impersonating celebrities and corporations with blue check marks next to their names.

Certainly not a great start for Elon Musk who was relying on the $8 per month subscriptions to make up the massive decline in advertising revenue as many large brands implemented Twitter boycotts. Will Musk be able to turn things around? Let us know in the comments.

1 year ago | [YT] | 521