OKLO surges 30 percent to $10B valuation despite no revenue and recycled news before launching $400M stock sale
Also https://t.co/0RzE8ZIQeM — Abhijeet Patra (@abhijeetpatra88) June 11, 2025
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California home sales plunge 40 percent below pandemic peak with buyer demand collapsing and prices starting to fall
1) In April 2025, home values in California sank -0.42% on a monthly basis, which was the 4th biggest decline in the U.S. It was the 4th straight month where values declined. pic.twitter.com/7AJOCLS3jM — Nick Gerli (@nickgerli1) June 10, 2025 …
Inflation ice cold. CPI 0.1 percent vs 0.2 percent expected. Core CPI 0.1 percent vs 0.3 percent expected. Fed rate cuts incoming
Inflation is cooling faster than expected, sending shockwaves through financial markets. The latest Consumer Price Index report shows prices rose just 0.1 percent in May, falling short of the 0.2 percent forecast. Core inflation, which strips out food and energy, …
Senator drafts amendment to purge Congress when deficit tops 3 percent of GDP
Senator Mike Lee (R-UT) is set to draft a constitutional amendment that will oust every member of Congress when the federal deficit exceeds 3% of GDP. A plan backed by Elon Musk. In a 2011 interview, billionaire Warren Buffett first …
TEMU loses 58 percent of U.S. customers.
Daily US users of Chinese discount e-commerce platform Temu fell 58% in May following the White House’s elimination of the “de minimis” trade provision that allowed tariff-free shipping of low-value packages from China, according to market intelligence firm Sensor Tower. …
Trump tariffs hit Canadian metals with extinction threat, half of steel and 80 percent of aluminum exports at risk
pic.twitter.com/Uc8Ndc22Gw — Tablesalt 🇨🇦🇺🇸 (@Tablesalt13) May 31, 2025 In fact Canada only has 2 main industry- oil and wood 🪵 If global recession comes and oil goes below $40 and housing market crashes , Canada unemployment will go above 20% …
UK capital gains tax hike triggers millionaire exodus, revenue drops 10 percent
The UK government’s attempt to raise revenue through higher capital gains taxes has backfired, triggering an exodus of high-net-worth individuals and a 10 percent drop in net tax collections. Officials had anticipated increased revenue, but instead, the policy has led …
Tempus AI stock plunges after Spruce Point short report, leadership under fire; Short seller warns of 50–60 percent downside, questions AI revenue claims
$TEM DOWN OVER 16% AFTER SPRUCE POINT SHORT REPORT Spruce alleges AI drives just 2% of revenue, cites questionable leadership and aggressive accounting — sees 50–60% downside 👀 pic.twitter.com/ONPxUYyYQM — Shay Boloor (@StockSavvyShay) May 28, 2025 Tempus AI is facing …
AI search slashes into Google’s global grip, users flee blue links for instant answers, Google falls below 90 percent share
It was bound to happen. You could feel it in the way people searched. The old habits weren’t working anymore. After nearly twenty years of digital supremacy, Google’s dominance in search is no longer unshakable. For the first time since …
EU tariffs hit 50% June 1; Retail traders bet on pause but EU stands firm
June 1st marked the day President Trump’s 50 percent tariffs on European goods officially kicked in. Many retail traders expected the tariffs to be delayed or rolled back and kept buying stocks. That assumption misses the bigger picture. The European …
House budget slashes energy incentives crippling 81 percent of new power projects. AI race stumbles as U.S. chokes its own power supply
One of the oddest things in the House budget bill was cutting the private market incentives in energy markets. 81% of incremental power generation will be crippled by that single stroke of the pen. How do we compete in AI …
Private credit explodes 20 percent in a year, lending to junk firms with fake valuations. Next financial crisis brewing in Wall Street’s shadow system
Private Credit is where the next systemic financial risk is going to emerge from. Just a complete scam industry. Fake valuations. Pretending things are par when they are clearly not. Lending to garbage companies. And… it’s all being financed by …
Chanos flips buys Bitcoin, shorts MicroStrategy calls it 250 percent premium…
👀 Famed short seller, Jim Chanos is going long BTC, shorting MSTR. At Sohn Conference, he said: “We’re buying Bitcoin, selling MicroStrategy stock—an arbitrage play, buying for $1, selling for $2.50.” Betting against MSTR’s premium. pic.twitter.com/PdN0mg5w9T — Coin Bureau (@coinbureau) …
Shocking 15.3 percent unemployment for college grads, trade school youth nearly fully employed
Unemployment 20-29 (2 year associate academic):.6%Unemployment 20-29 (2 year vocational):5.2%#econtwitter further thoughts? — Ro Khanna (@RoKhanna) May 15, 2025 College was supposed to be the ticket. The path. The safety net that guaranteed something better. Parents took out loans. Students …
Recession talk spikes on S&P 500 earnings calls. CEO survey shows 62 percent brace for slowdown or worse. Small business optimism drops fourth month to 95.8
US executives are getting more concerned about the economy: The share of S&P 500 companies mentioning “recession” during their Q1 2025 earnings calls spiked to 23%, the highest since 2022. This percentage has surpassed levels recorded in all years between …
Jason Miller on War Room — ‘We have 50 percent tariffs on China, they have 10 percent on us.’ 20% from Trump first term, 20% fentanyl tariff, 10% universal, equals 50%.
https://twitter.com/i/broadcasts/1lDxLlrOkNaxm
Tariffs don’t move in one direction. They loop. Hidden 40 percent tariff hits American companies twice
Before the trade war began, American companies sending goods to China paid nothing in tariffs. That was the status quo. Zero tax. A smooth transaction from the U.S. to China. But that clean slate is long gone. Now, any American …
US slashes China tariffs to 30 percent for 90 days; China cuts US tariffs to 10 percent for 90 days
*US TO CUT TARIFFS ON CHINESE GOODS TO 30% FROM 145% FOR 90 DAYS *CHINA TO LOWER TARIFFS ON US GOODS TO 10% FROM 125% FOR 90 DAYS China going to 10% is where I expect both sides to be …
Whole life insurance return year 2 is negative 97.68 percent. Policyholder pays $13,890 and loses nearly everything
Appreciate the critical comments. More context was needed for this post. • This policy was proposed to a 35 yr old• Pitched as the best wealth tool• Told they could borrow whenever Not all insurance is bad. This was not …
Financial Stress Is At An All-Time High For 70 Percent Of Americans
by Michael When you don’t have enough money to pay the bills, it can make for a lot of sleepless nights. If you are in that position right now, I want you to know that you are definitely not alone. …
Trump suggests cutting China tariff to 80 percent — ‘Scott Bessent will decide.’
An 80% levy would be a significant reduction from the 145% tariff currently facing many Chinese goods. However, that number could still be seen as prohibitive to trade. It is unclear if Trump wants the 80% rate to be the …
Tampa home sales crash 36 percent in one week…
pic.twitter.com/NUzf0I3VGX — Darth Powell (@VladTheInflator) May 3, 2025 Florida housing market always the canary in the coal mine https://t.co/G5gtaf0CbQ pic.twitter.com/MxB4PFuxpl — Darth Powell (@VladTheInflator) May 4, 2025
Electricity prices spike 450 percent in Spain.
Electricity in Spain is up 450% . Spaniards had to live with the consequences of a 12h blackout. And now, we have to pay for it. This is ridiculous. — Ada Lluch (@AdaLluch) May 1, 2025 After the blackout in …
S&P earnings surge expected but recession risk looms large. Wall Street bets on 26 percent growth through next year. Risk Reward doesnt look great.
S&P 500 earnings are expected to grow 11% this quarter and another 26% next year. We better hope there’s no recession, because if there is, a sharp downgrade in earnings estimates could be a real drag on the market, in my …
Levi’s shareholders double down on DEI with 99 percent backing
https://x.com/MarioNawfal/status/1916978229815939483 April 28 (Reuters) – Levi Strauss (LEVI.N), opens new tab shareholders voted against a proposal for the company to end its diversity, equity and inclusion (DEI) efforts, it disclosed in a filing on Monday. https://www.reuters.com/sustainability/society-equity/levi-strauss-shareholders-vote-against-proposal-end-diversity-programs-2025-04-28/
White House may slash China tariffs in major policy reversal. New plan splits goods into two tiers at 35 and 100 percent rates
TRUMP MAY CUT CHINA TARIFFS TO EASE TENSIONS The Trump administration is weighing major tariff cuts on Chinese imports—possibly by over 50%—to reduce trade tensions, sources say. No final decision has been made, and options remain open. One idea is …
The Number of Europeans Visiting the US Is Down Over 20 Percent
by Mike Shedlock Trump does not seem concerned about services. He should be. International Tourists Pull Back on U.S. Travel and Purchases NBC News reports International Tourists Pull Back on U.S. Travel and Purchases The combination of President Donald Trump’s trade …
Drugged Into Oblivion: More Than 60 Percent Of U.S. Adults Admit That They Are Taking Pharmaceutical Drugs
by Michael Americans watch more television than anyone else in the world, and as we watch television we are constantly being bombarded by commercials from pharmaceutical companies. As I discussed in a previous article, pharmaceutical companies spend more than 15 billion dollars …
Mid-term jobless spike 32 percent in February alone
Powell isn't wrong: If you think hiring is stable, think again – There is a 32% INCREASE in mid-term unemployment and that was just in Feb. It's taking longer and longer to get a job. More people are inching toward …
China shrugs off 245 percent tariff calls it a numbers game
BREAKING: China says it is aware that certain goods are facing a 245% US tariff and they will ignore the "numbers game." China repeats it will "fight until the end" in the tariff war. https://t.co/dPO65I0YEA — The Kobeissi Letter (@KobeissiLetter) …