profit.

Trump rejects salary and pension, showcasing his commitment to public service over profit. He stood firm on flagpole dispute, donating fines to veterans in clever compromise.

https://twitter.com/DefiyantlyFree/status/1865932020456579343 Before he was president, Trump bought an estate in West Palm Beach, Florida. He put up a 50-foot flag pole and flew a U.S. flag on it. The City Council told him that he could only have a 30-foot pole but he refused to take it down. They told him they would fine him …

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Global recession hits: Samsung Electronics to lay off up to 30% of its global workforce, citing declining sales and a shrinking customer base.

Samsung Electronics, the world's top maker of smartphones, TVs and memory chips, is cutting up to 30% of its overseas staff at some divisions, three sources with direct knowledge of the matter told @Reuters. Read more https://t.co/U07j1AM2pe pic.twitter.com/imSKS6qwyq — Reuters Asia (@ReutersAsia) September 11, 2024 Samsung is reportedly planning to announce some major layoffs worldwide …

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Estimated Profit of Insider Trading

We only know of situations like Nancy pelosi because she MUST report her trades. There are thousands upon thousands of family/friends of executives who can get away with insider trading. To pretend it isn’t happening is sticking your head in the sand. h/t Fun_Balance_1809

This man wants you to keep going in debt so he can make a profit

“When, not if, these governments fail, we will be there with the cabal ready to step in and own everything finally.” 💀💀💀 — Scott (@ScottPolhamus) June 16, 2024 This man wants u to keep going in debt so he can make a profit — Ptross_the_general 🇺🇸⭐️⭐️ (@peat_ross_) June 16, 2024

Amazon beats on profit and revenue, with growth of 13%. Outlook disappoints though

Amazon shares rose in extended trading on Tuesday after the company reported better-than-expected revenue and earnings. Here’s how the company did: Earnings per share: 98 cents vs. 83 cents expected by LSEG Revenue: $143.3 billion vs. $142.5 billion expected by LSEG Wall Street is also watching several other numbers in the report: Amazon Web Services: …

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Tesla reports Q1 earnings, quarterly profit falls from $8 billion to $1 billion.

Tesla reports biggest revenue slide since 2012 https://t.co/fhOKgR5VEW — The Coastal Journal (@1CoastalJournal) April 23, 2024 Tesla, once hailed as a pioneer in the electric vehicle market, finds itself navigating turbulent waters with a 9% revenue decline in the first quarter, marking its sharpest drop since 2012. This setback, attributed to ongoing price reductions and …

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Biden relaxes sanctions and Iran earns $35 billion in profit selling crude to China. Iranian oil exports hit 6 year high.

via oilprice: Crude oil exports from Iran hit the highest level in six years during the first quarter of the year, data from Vortexa cited by the Financial Times has shown. The daily average over the period stood at 1.56 million barrels, almost all of which was sent to China, earning Tehran some $35 billion. …

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US faces record drug shortages, reaching 323 meds, due to profit margins and supply chain fragility.

US drug shortages reach record high with 323 meds now in short supply. “There are myriad reasons for the hundreds of drug shortages now facing doctors and patients, many of which remain unclear. But, as Ars has reported before, the root cause of shortages of low-cost, off-patent generic drugs is well established. These drugs have razor-thin …

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Fortuna reports strong gold production, potential profit rise, shares repurchased.

When gold production is strong, it suggests confidence in gold’s value and the stability of the monetary system. The company, Fortuna, reported strong gold production in the first quarter of 2024. If the production numbers remain high and the price of gold continues to rise (approaching $2,500 per ounce), Fortuna could make over $150 million …

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Micron surprises with profit amid AI surge, marking stock’s 140% upturn; Nvidia faces hard rejection.

Nvidia hard rejection. Facing the first down week of 2024. pic.twitter.com/VuLG4tMbeF — Mac10 (@SuburbanDrone) March 27, 2024 The stock of the week is Micron which posted a "surprise" profit this week and guided up on what else – AI. The interesting thing is that during this past year's melt-up, the stock was unprofitable EVERY quarter. …

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RIVN says if we can just hold out another 12-24 months, they’ll start selling an EV for a profit… What is this “profit” you speak of?

““What’s happening is we don’t have enough choice. I think the causality we miss is there are very few great EV choices, particularly at price points that are broadly relevant,” he says. “I think the unlock for electrification is that many things are going to drive it: charging infrastructure plays a role . . . …

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Nancy Pelosi is hot, booking $1.4 Million profit on Nvidia call options. For her next trade, Nancy is buying $1.25 Million of long term options on Palo Alto Networks.

Late last year, U.S. Representative Nancy Pelosi reported a transaction to purchase call options in NVIDIA Corporation (NASDAQ:NVDA). After a massive rally in the stock this year related to breathtaking AI uptake and the company’s strong financial results, Pelosi is now said to be sitting on a significant windfall profit. Nancy Pelosi Nvidia Call Options …

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Queens business owner charged 87 migrants rent of $300 a month with meals to live in basement 313k net profit

Queens business owner housed EIGHTY SEVEN Senegalese migrants in basement and charged them $300-a-month each for shelter and three meals a day, netting him $313,000 in annual rent A Queens business owner housed 87 migrants in a basement, charging them a $300 monthly fee for shelter and food, and earning $313,000 in the process, according …

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When You See An Absolutely Terrible Idea That Can’t Possibly Make Any Profit, You Know It’s a Publicly Traded Company

by Chris Black These BNPL apps are just the newest in a long line of stock scams that won’t be around in a few years. In today's #MadDash @JimCramer says $AFRM is like $GME but with profits. The company announced yesterday it was expanding its partnership with Walmart to self-checkout kiosks. pic.twitter.com/V4TVbBGmeZ — Squawk on …

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Unraveling the Financial Complexities of Medicare Advantage: Overspending Concerns, Profit Incentives, and Advocacy for Consumer Awareness

While premiums and benefits have improved for beneficiaries, the financial mechanisms behind these plans raise concerns. Medicare Advantage companies, funded by the federal government, are incentivized to manage policyholders’ risks, potentially leading to overspending and profit-driven practices. The push for Advantage plans during open enrollment is linked to commission structures favoring brokers, contributing to a …

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Earnings Set to Plummet Amidst PPI Collapse, Companies Grapple with Profit Squeeze, and Surging Delinquencies Portend Household Financial Strain

The collapse in the Producer Price Index (PPI) signifies a critical shift, as companies find themselves unable to command exorbitant prices from customers, leading to a significant impact on their profit margins. The era of making extraordinary profits and refinancing at 0% appears to be coming to an end, exacerbated by the Federal Reserve’s decision …

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How can a retail investor profit from bond market collapse?

AI: “Profiting from a bond market collapse, which often implies rising interest rates and falling bond prices, can be challenging and risky for retail investors. Here are some strategies to consider, but keep in mind that these carry inherent risks, and it’s essential to consult with a financial advisor before making investment decisions: Short Selling …

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Samsung expected to report 80% profit plunge as losses mount at chip busines

Samsung Electronics earnings are expected to plunge nearly 80% in the third quarter, according to analyst forecasts. Analysts see its semiconductor business — typically Samsung’s cash cow — reporting a more than 3 trillion won ($2.2 billion) loss for the third quarter. Memory chip prices have fallen dramatically this year due to a glut caused …

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This proxy measure is below its lowest levels since 1998, indicating poor profit potential and fleeing deposits, limiting banks’ ability to lend.

“The last three recessions occurred when this proxy measure was at or near its lowest levels. The current reading is at or below any spread since at least 1998. Couple poor profit potential with fleeing deposits, and the banks’ ability or profit motivation to lend is minimal.” The last three recessions occurred when this proxy …

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How to Profit From the Fed’s MASSIVE Mistake

By Graham Summers, MBA There are two primary reasons why inflation has remained so persistent despite the Fed raising rates from 0.25% to 5.25% in the span of 14 months. 1) The Fed is using the wrong tools to end inflation. 2) The Federal Government continues COVID-19 emergency levels of spending. Today we’re going to …

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‘If you randomly pick a stock, you only have a 20% chance of turning a profit. The story is the same with large-cap stocks.’

The fundamental problem with picking stocks is it's not a 50/50 chance as most investors think. 80% of all stocks generated 0% return and the remaining 20% of stocks accounted for all the gains. If you randomly pick a stock, you only have a 20% chance of turning a profit. pic.twitter.com/Mz7pFbeMQp — Market Sentiment (@mkt_sentiment) …

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