This is an official Republican Party account attacking the Muslim mayor of New York merely for saying the word “inshAllah” (God willing). It’s difficult to overstate just how extremely and dangerously Islamophobic the GOP has proudly become. Be nice if top Dems called it out!
Ashura is a time of remembrance, sacrifice and reflection.
Today, on the 10th day of Muharram, we are reminded of Imam Hussain's unwavering commitment to truth and dignity. His timeless legacy reminds us of the enduring values of faith, service to one another, and the belief that justice is always worth fighting for.
Our City’s strength comes from the many faith traditions that shape it — and our shared struggle against injustice and oppression.
May we carry these values forward as we continue building a more just City for every New Yorker.
Palestinian activist Abdullah Shatat collapsed moments after his release from an Israeli jail, where he was held 32 months without charge or trial. He says prisoners are starved, tortured and denied treatment as thousands of Palestinians remain jailed.
$INFQ is entering the Russell 3000 at the June 26 reconstitution, which drops it straight into the Russell 2000 small cap index, and the forced buying setup is worth checking out.
This is mechanical demand so every fund that tracks the Russell 2000 has to own $INFQ now, regardless of what they think about quantum. The index weights by float adjusted market cap, so what matters is the tradable float, and that number depends on where the insider lockup stands. Of 216M shares outstanding, the legacy holders rolled 100% of their equity into the deal and went under lockup at close in February. If that lockup is still on, the real float sits near 110M. If insiders are already unlocked, the float runs higher, closer to 150M or more.
Run the weight both ways. On the tighter float, INFQ's float-adjusted cap lands near $1.5B against a Russell 2000 that totals $3.5 trillion, putting it at roughly 0.043% of the index. With somewhere near $700 to 800 billion in dedicated Russell 2000 tracking funds, that weight forces around $300M to $340M of buying, which is about 22 to 25 million shares index funds are mandated to hold.
Whether the float is 110M or 150M, that block of passive demand has to get bought, and passive money does not sell on quarterly noise the way momentum traders do. It builds a base of sticky institutional holders underneath which we don't have right now.
Not that I have to estimate the number of tradable shares on multiple scenarios as the lock up periods aren't explicit. We know that many shares have already been unlocked allowing for insiders to starts selling but usually they go in stages.
Though regardless this will serve as a major pillar of stability for $INFQ.
Shoutout to @Chris76985971 for this post idea. He may have different numbers which I'd love for him to share below.
$INFQ $QNT $IONQ
$INFQ the Russell rebalance will happen tomorrow right before close, I gave you guys the run down on what it would do.
This is one of the largest volume trading days of the year impacting $6 trillion of active and passive AUM. Millions of shares will be traded on $INFQ and we’re going to see a massive volume spike, I’m hoping for a nice upward move but tbh not expecting a whole lot.
Although I am excited for the fact that we can hopefully establish somewhat of a floor and stable money. These funds won’t be constantly trading the stock off momentum and sentiment but instead be holding it passively and long term, thus eliminating many shares from being traded.
Stability will be very nice to have.
What just happened?
In just 27 minutes, the Nasdaq 100 just fell -1,000 points and the S&P 500 erased -$1 TRILLION without any major headlines.
The Nasdaq opened +1% higher then fell -3% between 9:30 AM and 9:57 AM ET.
What does it all mean? Let us explain.
(a thread)
The Independent Int'l Commission of Inquiry on the Occupied Palestinian Territory presents new report to the UN Human Rights Council.
"The evidence shows that Palestinian children have been deliberately targeted & killed by the Israeli security forces."
https://t.co/vMARqOLxpC
@BillAckman You should be thinking carefully before attacking any country illegally against any law exist is the world. Now you destroyed the infrastructure and have no obligation for reparations…..ITS A SHAME
#BORDER: CBP Officers Have Charged 27-YO Chandan Tayal, Indian National Out Of Canada With 133 Pounds Of Cocaine At📍Blue Water Bridge. 🇨🇦🇺🇸
CBP Conducted An Outbound Tractor Trailer Inspection When They Found 55 Bricks In Home Depot Boxes Inside The Cab — Load Was Headed To Brampton, ON.
Modi is demolishing this 1000 year old mosque in Varanasi India! The world was in uproar when Taliban had destroyed a Buddha statue, the same world doesn’t notice while Modi is destroying one historical monument after another for the last 12 years.
BREAKING: Israeli strikes since midnight have killed at least 47 people and wounded 97, as cross-border bombardment intensifies, says Lebanon’s health ministry.
🔴More at https://t.co/9o3ihGGVjD