Instacart reports Q3 revenue up 12% YoY to $852M, vs. $843.6M est., gross transaction value up 11% to $8.3B, and forecasts Q4 adjusted EBITDA below estimates


Instacart reports Q3 revenue up 12% YoY to $852M, vs. $843.6M est., gross transaction value up 11% to $8.3B, and forecasts Q4 adjusted EBITDA below estimates

Eric Balchunas / @ericbalchunas: The Bitcoin Industrial Complex (ETFs + MSTR, COIN) saw $38b in trading volume today, lifetime records being set all over the place, incl $IBIT which did $4.5b, which points to a robust week of inflows. Just an insane day, it really deserves a name a la Volmageddon [image] When Bitcoin finally made a clean break above the previous cycle's all time high in December of 2020, it ripped 22% higher without pulling back over the course of several days before it slowed down a bit. It spent about week consolidating their prior to beginning another 75% up only run over the course of the next few weeks. A similar move here would see BTC stalling out a bit around $90K, followed by a swift move to ~$150K. The fun in this bull market is just getting started.

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