At the crossroads of drones and Neural I/O stands @MiTknlg .
One path reshapes the battlefield.
The other could reshape how humans interact with AI.
$KOPN has a seat at both tables. 🚀🔥
THE PATTERN DAY TRADER RULE IS OFFICIALLY DEAD STARTING TODAY
The $25,000 minimum to day trade, in place since 2001, is gone.
Here's what just happened, per WSJ:
The history:
- FINRA implemented the PDT rule in 2001 following dot-com era trading losses
- Flagged traders had to hold $25K minimum equity in margin accounts
- "Pattern day trader" was defined as anyone with 4+ day trades in 5 business days
- Flagged traders faced restrictions like 90-day suspensions from leveraged trades
The regulatory change:
- FINRA proposed replacement provisions in December
- The SEC approved the change in April
- Robinhood $HOOD and Webull $BULL each surged more than 10% on the SEC's decision day
The implementation:
- Robinhood and Webull remove restrictions immediately
- Charles Schwab $SCHW follows in coming days
- Other brokers expected to roll out shortly
What replaces it:
- Real-time monitoring of customer trading throughout the day
- Customers must top up shortfalls as they happen
- No more fixed $25K minimum
The impact:
- 43% of active retail traders said they changed their behavior to avoid PDT, per a Tastytrade survey
- Brokers catering to small investors expected to benefit from increased trading activity
🚨 $IREN PT RAISED TO $96 AT B. RILEY
" $IREN signed a transmission connection agreement for an 800 MW data center in Bundey, South Australia, marking activation of its Australian pipeline tied to the earlier Nvidia (NVDA) partnership, and reinforcing its perceived early-mover advantage in a region where Al compute demand is outpacing infrastructure due to its local execution expertise."