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Ripple is the catchall name for the cryptocurrency platform, the transactional protocol for which is actually XRP, in the same fashion as Ethereum is the name for the platform that facilitates trades in Ether. Like other cryptocurrencies, Ripple is built atop the idea of a distributed ledger network which requires various parties to participate in validating transactions, rather than any singular centralized authority. That facilitates transactions all over the world, and transfer fees are far cheaper than the likes of bitcoin. Unlike other cryptocurrencies, XRP transfers are effectively immediate, requiring no typical confirmation time.  Ripple was originally founded by a single company, Ripple Labs, and continues to be backed by it, rather than the larger network of developers that continue bitcoin’s development. It also doesn’t have a fluctuating amount of its currency in existence. Where bitcoin has a continually growing pool with an eventual maximum, and Ethereum theoretically has no limit, Ripple was created with all of its 100 billion XRP tokens right out of the gate. That number is maintained with no mining and most of the tokens are owned and held by Ripple Labs itself — around 60 billion at the latest count.  Even at the recently reduced value of around half a dollar per XRP, that means Ripple Labs is currently sitting on around $20 billion worth of the cryptocurrency (note: Ripple’s price crashed hard recently, and may be worth far less than $60 billion by time you read this). It holds 55 billion XRP in an escrow account, which allows it to sell up to a billion per month if it so chooses in order to fund new projects and acquisitions. Selling such an amount would likely have a drastic effect on the cryptocurrency’s value, and isn’t something Ripple Labs plans to do anytime soon.  In actuality, Ripple Labs is looking to leverage the technology behind XRP to allow for faster banking transactions around the world. While Bitcoin and other cryptocurrencies are built on the idea of separating financial transactions from the financial organizations of traditional currencies, Ripple is almost the opposite in every sense.  XRP by Ripple price can be found on this page alongside the market capitalization and additional stats.

Ripple

XRP is trending due to anticipation surrounding the potential launch of spot ETFs this week, with the community buzzing about the possibility of institutional investment driving up the price. Discussions also involve the end of the government shutdown and its possible effect on the crypto markets. Some traders express concerns about market manipulation and potential pump-and-dump schemes.

Circle Internet Group, Inc. is a financial technology company that enables businesses of all sizes to harness the power of digital currencies and public blockchains for payments, commerce and financial applications worldwide. The company was founded by Jeremy J. Allaire and Patrick Sean Neville in August 2013 and is headquartered in New York, NY.

Circle Internet Group Inc. - Ordinary Shares - Class A

Circle

Circle is trending amidst discussions about its recent price action, upcoming earnings, and the potential impact of the IPO lockup expiration. Community members are weighing the potential for a rebound against skepticism and concerns about insider selling. The stock's relationship with crypto markets and stablecoin adoption remains a key focus.

Moonlake Immunotherapeutics operates as a clinical-stage biotechnology company. It offers tri-specific Nanobody, Sonelokimab to address significant unmet needs in inflammatory skin and joint diseases. The company was founded by Kristian Reich, Jorge Santos da Silva, and Arnout Ploos van Amstel in 2021 and is headquartered in Zug, Switzerland.

MoonLake Immunotherapeutics - Ordinary Shares - Class A

MoonLake Immunotherapeutics

MLTX is trending due to overnight gains and positive sentiment fueled by institutional investment and upcoming catalysts, including a presentation at the Inflammatory Skin Disease Summit and an FDA meeting in December. Community members are optimistic about the stock's potential, citing strong data and a possible short squeeze. The focus remains on upcoming catalysts and the potential for significant upside.

Trump Media & Technology Group Corp. engages in operating social media and in the technology business. Its brands include TRUTH Social, TMTG+ and TMTG News. The company was founded on March 28, 2024 and is headquartered in Sarasota, FL.

Trump Media & Technology Group Corp.

DJT is trending amid renewed discussion around the release of Epstein files and their potential implications, particularly given allegations and emails referencing Trump. The community is focused on whether the full files will be released and what the fallout could be, with some users alleging a cover-up and others defending Trump. Broader market context includes the stock's performance relative to major indices and ongoing debates about government shutdowns and economic policies.

Applied Digital Corp. is a technology company, which engages in the provision of development and operation of data centers which provide computing power. It operates through the Data Center Hosting Business and HPC Hosting Business segments. The Data Center Hosting Business segment provides energized infrastructure services to crypto mining customers. The HPC Hosting Business segment focuses on the designing, constructing, and operating data centers tailored to support high power density applications like HPC and AI. The company was founded by Wesley Carl Cummins and Jason Zhang in May 2001 and is headquartered in Dallas, TX.

Applied Digital Corporation

APLD is trending amid discussions about its AI data center buildout and a recent $2.35 billion senior secured notes offering. Community members are weighing the implications of this debt for future growth, while some speculate about potential government contracts and Macquarie's investment. Sentiment is mixed, with bullish arguments centered on long-term AI infrastructure demand and strategic partnerships.

CorMedix, Inc. is a pharmaceutical and medical device company, which engages in the development and commercialization of therapeutic products for the prevention and treatment of diseases and conditions. The company was founded by Antony E. Pfaffle on July 28, 2006 and is headquartered in Berkeley Heights, NJ.

CorMedix Inc

CRMD is trending amidst discussions around its Q3 earnings, upcoming decisions from CMS, and its investment in Talphera (TLPH). Community members are focused on potential target price upgrades, concerns about TDAPA's impact on revenue, and speculation about potential acquisitions. The stock's trading behavior and potential market manipulation are also being actively debated.

Cisco Systems, Inc. engages in the design, manufacture, and sale of Internet Protocol-based networking products and services related to the communications and information technology industry. The firm operates through the following geographical segments: the Americas, EMEA, and APJC. Its products include the following categories: Secure, Agile Networks, Internet for the Future, Collaboration, End-to-End Security, Optimized Application Experiences, and Other Products. The company was founded by Sandra Lerner and Leonard Bosack in 1984 and is headquartered in San Jose, CA.

Cisco Systems, Inc.

Cisco's stock is trending due to positive AI-related revenue projections and overall Q4 earnings, with the community actively discussing its potential as an AI infrastructure play and debating whether it can sustain its upward momentum amidst stiff competition. Bullish sentiment is fueled by a raised FY26 revenue outlook, while some caution against overvaluation and the potential for a pullback. Many are also referencing the companies historical boom and bust cycle.

Novavax, Inc. Is a biotechnology company, which engages in the discovery, development, and commercialization of recombinant vaccines. The company was founded in 1987 and is headquartered in Gaithersburg, MD.

Novavax, Inc.

Novavax Inc

Novavax is trending due to hedge fund Shah Capital's renewed push for the company's sale, threatening a proxy fight if changes aren't made. The community is frustrated with current management's performance and lack of marketing, which they believe is impacting sales and the stock price. Discussions revolve around potential buyers and the future of Novavax's vaccine technology.

Opendoor Technologies, Inc. engages in the operation of buying, selling, and trading of residential properties online. The company was founded by Eric Wu on December 30, 2013, and is headquartered in Tempe, AZ.

Opendoor Technologies Inc

Opendoor ($OPEN) is trending as investors anticipate the warrant distribution next week, which has fueled speculation of a potential short squeeze. The community is discussing the CEO's recent stock purchase, viewing it as a positive signal, while some believe $OPEN could be the next big opportunity in real estate. The stock's movement is also attributed to broader market factors and renewed interest in the housing sector.

Oracle Corp. engages in the provision of products and services that address aspects of corporate information technology environments, including applications and infrastructure technologies. It operates through the following business segments: Cloud and License, Hardware, and Services. The Cloud and License segment markets, sells, and delivers enterprise applications and infrastructure technologies through cloud and on-premise deployment models including cloud services and license support offerings. The Hardware segment provides infrastructure technologies including Oracle Engineered Systems, servers, storage, industry-specific hardware, operating systems, virtualization, management, and other hardware-related software. The Services segment offers consulting, advanced support, and education services. The company was founded by Lawrence Joseph Ellison, Robert Nimrod Miner, and Edward A. Oates on June 16, 1977 and is headquartered in Austin, TX.

Oracle Corp.

ORCL is trending as investors debate its debt levels and future growth potential in the AI space, especially after negative sentiment from analysts and concerns raised by Michael Burry. Community discussions revolve around whether the stock is oversold or if it's facing a significant correction due to AI investment strategies. Some traders express frustration over the stock's recent performance, while others see a buying opportunity amid the broader tech sector's focus on AI and data centers.

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Ex-Div Reminder for Manhattan Bridge Capital (LOAN)

On 4/9/24, Manhattan Bridge Capital, Inc. (LOAN) will trade ex-dividend, for its quarterly dividend of 0.115, payable on 4/15/24...

Manhattan Bridge Capital declares $0.115 dividend

Manhattan Bridge Capital declares $0.115 dividend...

Manhattan Bridge Capital, Inc. Announces Payment of Quarterly Dividend

GREAT NECK, N.Y., March 28, 2024 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that, in accordance with the board approved dividend declared on February 7, 2024...

Upcoming Dividend Run For LOAN?

This morning a 'Potential Dividend Run Alert' went out for Manhattan Bridge Capital, Inc. (NASD: LOAN), at our DividendChannel...

Manhattan Bridge Capital Full Year 2023 Earnings: EPS: US$0.48 (vs US$0.45 in FY 2022)

Manhattan Bridge Capital ( NASDAQ:LOAN ) Full Year 2023 Results Key Financial Results Revenue: US$7.27m (up 7.7% from...

Manhattan Bridge Capital, Inc. Declares Quarterly Dividend

GREAT NECK, N.Y., March 12, 2024 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has declared a quarterly dividend of $0.115 per share...

Manhattan Bridge Capital reports 2023 EPS 48c vs. 45c last year

See the rest of the story here.

thefly.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fly's real-time, streaming news feed keeps individual...

Manhattan Bridge Capital, Inc. Reports Results for 2023

GREAT NECK, N.Y., March 11, 2024 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) (the Company ) announced today that net income for the year ended December 31, 2023 was...

Manhattan Bridge Capital, Inc. Declares an Increased Quarterly Dividend of $0.115 per Share

GREAT NECK, N.Y., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has declared a quarterly dividend of $0.115 per share...

Manhattan Bridge Capital, Inc. engages in originating, servicing, and managing a portfolio of first mortgage loans. It offers short-term, secured, non-banking loans to real estate investors to fund their acquisition and construction of properties located in the New York Metropolitan area. The company was founded by Assaf N. Ran in 1989 and is headquartered in Great Neck, NY.

Manhattan Bridge Capital Inc

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Current Price	$4.88
Prev Close	$4.89
Open	$4.89
Dividend Yield	8.21%
50-Day Moving Average	$5.26
Beta	0.18
Avg. Volume	42,044.09
PE Ratio	10.54

52-Week High	$6.05
52-Week Low	$4.74
Market Capitalization	$57.22M
EPS (Annual)	$0.4888
Price to Book	1.29
Revenue Per Employee	$1.61M
Enterprise Value/EBITDA	N/A

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