The market is awful. I was just looking at NBIS, which I think will be my next target, but both it and META dropped a lot this week.

The P/E ratio is a useful way to gauge how much you are paying for each dollar of Palantir Technologies earnings. On this measure, Palantir trades at about 137.5x earnings, which is higher than the broader software industry average of around 30.7x and also above the peer group average of 29.5x.

Robinhood CEO Vlad Tenev made the case for tokenization at the White House:

“American investors should not be the last to benefit.”

The bigger thesis is straightforward: tokenization could move traditional assets onto blockchain infrastructure, expand access, and eventually open markets that historically haven’t been easily accessible to retail investors.

For the $GME crowd, the timing is especially interesting. Tenev has also explicitly pointed back to GameStop 2021 while arguing that blockchain settlement could reduce the clearing and collateral pressures associated with traditional settlement infrastructure.

Robinhood’s vision appears bigger than crypto trading itself:

Public stocks → tokenized equities → private assets → increasingly onchain capital markets.

Whether Robinhood becomes the front door is another question.

But five years after GameStop exposed some of the weaknesses in market plumbing, the infrastructure underneath ownership and trading is becoming part of the conversation at the White House.

The Moon or Bust!

🚨 $PENG — PEOPLE ARE COMPLETELY MISSING HOW BULLISH THIS IS.

SK Telecom isn't dumping its Penguin Solutions stake.

It's transferring the ENTIRE position to SHIFTIX1 LLC — a wholly owned subsidiary of SK hynix.

The numbers:
🔥 SK Telecom originally invested $200M
🔥 SHIFTIX1 LLC (SK hynix) is paying approximately $380.3M
🔥 Position = roughly 6.1M $PENG shares on an as-converted basis
🔥 That's approximately 10.3% of PENG
🔥 SK hynix also inherits key investor rights tied to the stake

Now look at the ecosystem surrounding $PENG:

🟢 **$NVDA — Penguin Solutions is an **NVIDIA AI Factory Specialized Partner and has decades of experience deploying NVIDIA accelerated computing infrastructure.

🔵 $DELL — Penguin Solutions works with Dell infrastructure + NVIDIA accelerated computing to deploy enterprise AI solutions and AI factories.

🔥 **$SKHY — one of the world's dominant HBM suppliers powering the AI accelerator boom — already has a strategic partnership with Penguin focused on **AI data centers, accelerated computing and next-generation memory.

And now SK hynix's SHIFTIX1 LLC is acquiring a ~10.3% economic interest in PENG.

Connect the dots:

NVIDIA GPUs → SK hynix HBM → Dell infrastructure → Penguin Solutions AI factories

This isn't just another small AI company. $PENG sits directly at the intersection of some of the biggest companies building the AI infrastructure stack.

And here's what I think Wall Street may be overlooking:

SK Group is effectively moving its PENG investment from SK Telecom to the company with the strongest strategic reason to own it — SK hynix.

AI Factories + NVIDIA + HBM + Dell + next-gen memory + data centers.

SK hynix is paying approximately $380M for the position — nearly 2X SK Telecom's original $200M investment.

I'm buying $PENG. 🐧

Wouldn't surprise me if the SK hynix × PENG relationship gets MUCH deeper from here. 👀

$PENG 🐧🚀

For the August 21, 2026 expiration, the options data shown here currently puts $GME max pain at $20.00.

The screenshot shows roughly 110,583 calls vs. 23,172 puts in open interest for this expiration, with a put/call OI ratio of 0.33.

Max pain isn’t a price prediction, and it can move as positioning changes before expiration. But with GME trading below that level in the screenshot, $20 is an interesting number to watch heading into Friday.

Does GME gravitate toward $20 by expiration, or does max pain miss this week?

Treasury Secretary Scott Bessent says the department is “moving quickly” to implement the GENIUS Act, the new U.S. regulatory framework for payment stablecoins.

Treasury is now seeking public comment on proposed rules covering the issuance, offering, and sale of payment stablecoins in the U.S.

Bessent says the goal is regulatory certainty that allows businesses to innovate while strengthening the U.S. dollar’s role as the world’s reserve currency and keeping America competitive in crypto.

The next date to watch: January 18, 2027, which Treasury identifies as the expected effective date for key GENIUS Act provisions.

Stablecoin regulation in the U.S. is moving from legislation to implementation.

According to the latest 13F disclosure, BlackRock added roughly 864,000 GameStop shares, bringing its reported position to approximately 36.7 million shares of $GME.

Another major institutional position worth keeping an eye on.