this means that tether is:- same valuation as ethereum- worth 5 solanas- worth 33 hyperliquids- worth 100 uniswapszoomer (@zoomerfied):[ ZOOMER ]TETHER RAISING FUNDS AT A $500B VALUATION, LOOKING FOR $20B IN FUNDING, MAKING IT THE MOST VALUABLE PRIVATE COMPANY IN THE WORLD ALONGSIDE OPENAI: BBG ...

Company Overview - Progressive (PGR) stock closed at $238.61, reflecting a -1.05% change from the previous day's closing price, underperforming the S&P 500 which lost 0.55% [1] - Prior to the recent trading session, Progressive shares had decreased by 1.2%, lagging behind the Finance sector's gain of 2.06% and the S&P 500's gain of 3.64% [1] Earnings Expectations - The upcoming earnings release is anticipated to show an EPS of $4.53, representing a 26.54% increase from the same quarter last year [2] - Revenue is expected to reach $22.45 billion, indicating a growth of 15.51% compared to the corresponding quarter of the previous year [2] - For the entire fiscal year, earnings are projected at $18.24 per share and revenue at $87.4 billion, reflecting increases of +29.82% and +16.37% respectively from the prior year [3] Analyst Estimates and Rankings - Recent modifications to analyst estimates for Progressive indicate evolving short-term business trends, with positive revisions suggesting analyst optimism regarding profitability [4] - The Zacks Rank system, which assesses estimated changes, currently ranks Progressive at 2 (Buy), with a 3.32% increase in the consensus EPS estimate over the last 30 days [6] Valuation Metrics - Progressive is currently trading at a Forward P/E ratio of 13.22, which is above the industry average of 11.37, indicating a premium valuation [7] - The company has a PEG ratio of 1.36, compared to the industry average PEG ratio of 2.46, suggesting a more favorable valuation relative to expected earnings growth [8] Industry Context - The Insurance - Property and Casualty industry, part of the Finance sector, holds a Zacks Industry Rank of 37, placing it in the top 15% of over 250 industries [9] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [9]

Circle trades at $32B while Tether is raising at $500B.Why the gap?USDT's supply is 2.5x higher than $USDCWatcher.Guru (@WatcherGuru):JUST IN: $USDT issuer Tether seeks $20 billion at a $500 billion valuation, making it the most valuable private company alongside OpenAI. ...

Tether seeks $500 billion valuation, would rank among world’s most valuable private firms: Bloomberg https://t.co/8JjSux9StK ...

🔥 HUGE: Tether is seeking a $500B valuation as it explores raising up to $20B. https://t.co/JZKr3eZbPB ...

BREAKING:TETHER TO RAISE $20 BILLION AT A $500 BILLION VALUATION, MAKING IT ONE OF THE MOST VALUABLE PRIVATE COMPANIES NEXT TO OPENAI. https://t.co/XOglHGjPba ...

JUST IN: $USDT issuer Tether seeks $20 billion at a $500 billion valuation, making it the most valuable private company alongside OpenAI. ...

Crypto Market Volatility - Crypto market experienced a significant pullback after a period of strong growth, with some cryptocurrencies increasing almost threefold [1] - The market became overleveraged, leading to nervousness and selling pressure [2] - Large Chinese mining operations appeared to be selling off their holdings [2] - Bearish commentary from crypto thought leader Arthur Hayes regarding HyperLiquid negatively impacted market sentiment [3][4] - HyperLiquid, a decentralized exchange, experienced substantial growth but faced concerns about potential founder sell-offs [3][4] Market Context and Perspective - Despite the pullback, Bitcoin and Ether are still up significantly for the year [5] - Bitcoin's price of $112,000 would have been considered positive just four months prior [4] Broader Market Trends and AI - The speaker questions whether crypto price movements consistently lead stock prices [5] - The stock market is currently experiencing a euphoric moment with significant excitement [6] - AI is a powerful theme driving excitement and is a topic of discussion at the highest levels of management [6] - High valuations in the Nasdaq and S&P, coupled with interconnectivity and vendor financing, create market nervousness [7] - The market could still go higher, as the final stages of bull markets often surprise people [8]

Stripe’s valuation has climbed to $106.7 billion, according to a person with direct knowledge of the matter, passing the digital-payments firm’s previous peak of $95 billion in 2021 https://t.co/uM5Rko40Tz ...

Economic Drivers - The stock market is identified as the next significant economic driver, particularly due to the wealth effect observed in the post-pandemic era [2][3] - US household exposure to financial assets, especially the stock market, has reached a record high, indicating a strong correlation between stock performance and consumer spending [2][3] Market Concerns - There are growing concerns regarding concentration risk, with the ten largest companies in the S&P 500 accounting for 40% of the index, raising questions about valuations being stretched [4][5][6] - The disparity in wealth distribution is highlighted, with upper-income households benefiting more from asset market gains compared to lower-income households, which may impact overall spending [3][4] Federal Reserve Insights - The Federal Reserve's commentary indicates a divided stance among voting members regarding monetary policy, with some expressing concerns about labor market weakness while others emphasize persistent inflation [7][11][12] - The upcoming jobs report is anticipated to provide clarity on whether the current economic conditions will lead to a more aggressive rate-cutting cycle [12][13] Small Cap Performance - Small caps are expected to require significant economic growth to sustain momentum, as their outperformance relative to large caps typically occurs post-recession and bear market [15][16][18] - Current labor deceleration and inflationary pressures are seen as challenges for small caps, although momentum may still support their performance [18][19]