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The Lounge
Talk about your daily plays, ideas and strategies that do not warrant an actual post. This is the place to request buy/sell advice from the community. Remember to keep it civil. Trade responsibly.
Selling my car and looking for options to diversify my portfolio
II’m an EU investor with a long-term horizon. My current allocation is mostly broad equity index funds (EuroStoxx 60 and S&P 500/Nasdaq) plus a gold position. I’ll soon have a lump sum available that is large relative to my existing …
Virgin Galactic SPCE - investor backing disclosed after Friday market close
News excerpts - **Options-Backed Bet On SPCE** A filing from Friday showed that investor Rich Huang and RichRich Capital LLC disclosed a 5.26% stake in Virgin Galactic. According to the filing, RichRich Capital reported owning 4.87 million shares, representing 4.62% …
30,000 Pilgrims Daily': Huge Traffic Chokes Uttarakhand's Badrinath Route, Visitors Stuck For Hours | WATCH
Traffic near Uttarakhand's Badrinath National Highway has left thousands of pilgrims stuck for hours, with vehicle queues stretching for kilometres. Authorities are using a token-based gate system and one-way traffic controls to manage the flow as 30,000 visitors arrive daily …
Exercise a deep ITM leap option or sell and then buy shares?
Hi there, I bought a leap that expires in Jan 2027 with a strike price of $42. The premium for that was $13.60. The price of the stock is now at ~$240 with the value of the contract showing us …
Berkshire to buy Taylor Morrison for $6.8B in cash to expand in housing
https://www.cnbc.com/2026/06/01/berkshire-hathaway-taylor-morrison-home-acquisition-housing-market.html > Berkshire Hathaway agreed Sunday to acquire homebuilder Taylor Morrison Home in a $6.8 billion deal, deepening the conglomerate’s bet on the U.S. housing market after a prolonged downturn. The Omaha, Nebraska-based company will pay $72.50 per share in …
Japan Joins U.S. ‘AI Manhattan Project,’ Pledging $500 Million to Counter China in AI-Driven Science
Japan has finalized its participation in the U.S.-led **Genesis Mission**, a major initiative to harness artificial intelligence for accelerating scientific breakthroughs. According to reporting from *Yomiuri Shimbun*, Tokyo will contribute **$500 million** as part of a combined **$1 billion** U.S.-Japan …
The Economist on SpaceX
Mr Musk thinks he has found an even bigger market for SpaceX to dominate: ai. He believes that AI’s appetite for computing power cannot be satisfied by earthly data centres, which are often impeded by power shortages, red tape and …