A hub for independent voices and hard truths
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 …
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 …
https://www.federalreserve.gov/econres/feds/files/2023041pap.pdf
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 …
Shares in Burberry plunged over 15% in early trading on Monday after a disappointing first-quarter performance led it to issue a profit warning, replace its CEO and axe its dividend. The 168-year-old British luxury giant said that if the recent …
Both Walmart and Target have experienced significant decreases in profit for their first quarters, which could signal an oncoming recession—or a recession that we’re already in, according to experts.
“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 …
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 …
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 …
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 …
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 …
Elon Musk faces a legal investigation in Brazil after becoming embroiled in a public row with a supreme court judge over an order requiring the social network X to take down some far-right accounts. Justice Alexandre de Moraes had issued …
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 …
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 …
““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 …
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 …
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 …
Famous Chinese EV brand stops making cars and fires nearly all staff
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 …
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 …
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 …
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, …
Almost half of US listed firms have negative profit margins. They have been able to survive in artificially low interest rates and ample liquidity environment. Things have changed though. https://twitter.com/MichaelAArouet/status/1711619458081402918
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 …
By Graham Summers, MBA Everything hinges on bonds today. If longer duration Treasury yields continue to drop, then stocks will find a bottom of sorts. But if Treasury yields continue to rise, particularly on the all-important 10-Year U.S. Treasury, then …
“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 …
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 …
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, …
