Credit Suisse posted $4 billion loss in second quarter, Sonntagszeitung reports, which cited insiders at the bank. August 27, 2023 9:30 pm
Fed needs to make back almost 100 billion in profits before the Treasury receives any remittances again, which at this rate will probably never happen August 25, 2023 9:22 am
Bank Term Funding Program borrowing reaches record high of $100 billion for 12 consecutive weeks. August 24, 2023 10:01 pm
NVIDIA CEO Jensen Huang’s net worth surges 225% in 8 months, reaching $39 billion. August 23, 2023 3:03 pm
Instinet had $50B of $67B waived in Excess Capital Premiums Waived over a 2 Year Period. Instinet also received a massive waiver on January 28, 2021. FINRA: “Instinet experienced late reporting issues in connection with at least 26 billion events from November 2020 through December 2022” August 18, 2023 3:14 pm
Looming strike at Detroit automakers would cost US economy nearly $6 BILLION in 10 days, study says as union prepares to vote on work stoppage August 18, 2023 1:20 pm
Short sellers have lost more than $175 billion betting against US stocks. So far! August 16, 2023 3:53 pm
Meet The Man That Has Bet A Billion Dollars That The Stock Market Is Going To Crash August 15, 2023 9:43 pm
Michael Burry bought $1.6 billion in $SPY and QQQ puts, but the real value is much lower, not the amount paid. August 14, 2023 9:03 pm
Actor Rob Schneider Is a Bit Skeptical About Two Billion EPA-Approved GMO Mosquitoes Being Released August 11, 2023 9:35 pm
Iran releases 5 jailed US citizens to house arrest in exchange for $6 Billion August 10, 2023 9:05 pm
Borrowing from the Bank Term Funding Program hit a NEW all time high–the 10th consecutive week above $100 billion! August 10, 2023 9:01 pm
Mega Millions $1.58 Billion Jackpot Won By One Ticket In Florida… You can choose a $1.55 billion over 29 annual payments, or a cash lump sum of approximately $752.2 million, per Reuters. Which do you choose? August 9, 2023 8:42 am
Hedge funds have lost more than $6 billion this year betting against cruise lines and hotels after underestimating the resilience of US consumers August 7, 2023 9:46 am
WSJ: Pfizer’s Covid Boost Crashes to Earth. “Shares are down 31% YTD, a loss of more than $88 billion in market capitalization” August 7, 2023 9:45 am
Australia is going “cash free”. Gov took $1 billion worth of notes out of circulation August 6, 2023 7:43 pm
$500m fire sale: Lenders begin to break up Jean Nassif’s crumbling empire… German property giant Vonovia slips to $2.1 billion loss as sector struggles August 6, 2023 5:57 pm
Berkshire Hathaway’s operating earnings rise nearly 7%, cash pile approaches $150 billion August 6, 2023 7:18 am
Apple’s market valuation plunges $140 BILLION in a day and drops back below the $3T mark after company warned of slowdown in iPhone sales August 5, 2023 7:16 am
Bidenomics! Ford Will Lose $4.5 Billion On EVs This Year, Up From $2.1 Billion Last Year (Ford DOWN -48% Since January 2022, GM DOWN -40% As Fed Withdraws Stimulus) August 3, 2023 8:21 pm
Apple Card’s Savings account blows past $10 billion in deposits (that likely means $10B in capital flight from banks paying a piddly .15% on checking accounts) August 3, 2023 3:03 pm
June saw the 13th consecutive monthly net outflow for hedge funds, with investors removing $13.12 billion. August 3, 2023 1:25 pm