Independent thinking for complex markets and current events
This is by Jimmy Dore: “This ABSOLUTELY crazy!” Both Jimmy & Candace have a large following and presence online. This ABSOLUTELY crazy! https://t.co/f0wG64uWVb — Jimmy Dore (@jimmy_dore) July 8, 2026
SpaceX IPO’d around $1.75–1.8T valuation (priced at $135/share), raised record ~$75B. Stock jumped fast, pushing market cap over $2T+ quickly. 2025 revenue: ~$18.7B (mostly Starlink). Reported net loss in 2025 (around $5B range in filings, partly due to heavy capex on Starship, xAI integration, etc.). Starlink itself is profitable/growing fast. Valuation is extremely high vs …
ICE agent Jonathan Ross suffered INTERNAL BLEEDING after encounter with Renee Nicole Good, Trump admin sayshttps://t.co/bKg1T4GulH pic.twitter.com/jh16zigmh7 — Britannia Daily (@BritanniaDailyy) January 14, 2026 The federal agent who fatally shot Renee Nicole Good in Minneapolis last week suffered internal bleeding to his torso when he was struck by her vehicle, Department of Homeland Security (DHS) …
UK Innovation Is Bleeding To Death: The House of Lords Science & Tech Committee just dropped a brutal 2025 report: “We’re world-class at inventing… and world-class at losing it.” – DeepMind? London-born. Google’s now. – Arm? Cambridge chip genius. SoftBank owned. – Graphcore? Bristol AI unicorn. Folded into SoftBank – 500+ UK jobs gone. – …
Credit scores are collapsing faster than at any time since the Great Recession, and the warning lights are flashing across every corner of the economy. Millions are now falling behind on car loans, credit cards, and personal loans, revealing how fragile the so-called recovery really is. “Credit scores are falling at the fastest pace since …
NEW from me: California keeps losing tech jobs Amidst the AI boom, the US is in the largest sustained drawdown in tech employment since the dot-com bust And what tech jobs remain continue to leave California for the rest of the US The US continues bleeding tech jobs—tech employment is down 90k from its 2023 …
The collapse isn’t whispered. It’s marching through neighborhoods, through MLS listings, through every open house where the buyers hesitate, the agents hedge, and the price tags crumble under scrutiny. The illusion of stability has evaporated while 56% of homes now sell below asking, exposing a market that once promised security and now delivers panic and …
If Bitcoin needs lies to rise, what does that make it worth? BREAKING: Michael Saylor violates promise to shareholders, dilutes MicroStrategy $MSTR with 875,301 new shares https://t.co/aOmYIOWpdn pic.twitter.com/jXqtw9ZDeR — Financelot (@FinanceLancelot) August 25, 2025 As #Bitcoin demand dries up fast and the price tanks, watch the maximalists scramble to invent new fake narratives and rumors …
Goldman Sachs says 55 cities will see home prices fall. That’s 15% of the 381 metros they track. But they also say 39% will decline. So why spotlight the softest wound? “Goldman Sachs expects home prices to fall in 55 of the 381 metropolitan statistical areas it tracks, or about 15%.” https://www.cbsnews.com/news/home-prices-forecast-goldman-sachs-housing-market/ “While we think …
Robinhood is growing fast and burning hotter. The company added 1.2 million funded accounts in Q1 2025, pushing its total to 26.4 million. Assets under custody hit $132 billion. Revenue climbed 34% year over year. But the cost of that growth is rising faster than the revenue it brings in. Customer acquisition is getting expensive. …
China’s industrial profits dropped 9.1% in May 2025 compared to the same month last year. That is the sharpest monthly decline since October. The fall is not isolated. It is part of a broader contraction that has now stretched across multiple sectors and quarters. Beijing’s stimulus efforts are not catching. The engine is sputtering. Cumulative …
Huh? What? AOC goes on a rant against a bill banning males from competing in girl's sports and claims “women are bleeding out in parking lots across the country.” What?? Why does AOC want boys to beat up girls?? pic.twitter.com/dveTSvy0Ur — Libs of TikTok (@libsoftiktok) January 14, 2025
Apart from technical execution, Ortberg identified Boeing’s errors in cost and risk estimation as other reasons for the company’s poor performance on several fixed-price government contracts, including Starliner. “We’re not going to be able to just wave the wand and clean up these troubled contracts,” he said. “We signed up to some things that are …
The US is currently paying $2M PER MINUTE on interest payments on outstanding debts…let that sink in https://t.co/MaE8BdULmj — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) May 14, 2024 Let’s talk about something we can wrap our heads around: the US vs. China money supply. The pervasive phenomenon of global monetary dilution is a fundamental aspect of …
Non-performing loans at China’s big four banks — Industrial and Commercial Bank of China, Bank of China, China Construction Bank, and Agricultural Bank of China — jumped 10.4% in 2023, from 1.117 trillion Chinese yuan, about $155 billion, in 2022 to 1.23 trillion yuan. This is according to a Nikkei analysis based on the companies’ …