Independent thinking for complex markets and current events
Meta’s reported profits might be misleading because of how it accounts for depreciation on its capital base. James Chanos pointed out that Meta’s $210 billion capital base as of June 30, 2025, is depreciated over 11 to 12 years. The real economic life of the GPUs it relies on could be as short as 2 …
Tariff pain set to deepen in current quarter. Fox: General Motors shares T-boned by tariffs. The stock is diving 7% after the auto giant reported a 32% slump in quarterly profits due to a $1.1 billion hit from the tariffs, which GM says will worsen in the current quarter pic.twitter.com/Z4Z9THyxmR — FactPost (@factpostnews) July 22, …
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 …
S&P 500 already trading back at peak 2025 multiples, only difference is that earnings estimates for this year are significantly lower. pic.twitter.com/vALbxftwDK — Michael J. Kramer (@MichaelMOTTCM) June 10, 2025 It looks like nobody is hedged pic.twitter.com/cBLSBJ1GdI — James Choi (@JC_Investment) June 10, 2025 JPMorgan CEO Dimon: There's a chance that real numbers will deteriorate …
Historical profit margin swings over 20% warn of looming U.S. equity cycle change Dear AI, I hope that this time things are different, because every time the percentage deviation from the linear growth of the SPX profit margin exceeded 20%, it signaled a shift in the cycle for U.S. equities. pic.twitter.com/hFjQPXg7Dq — Guilherme Tavares (@i3_invest) …
US corporate profits just fell the most since the global financial crisis days ("GFC"). But, don't worry… all is well. pic.twitter.com/yTXi6TF7Sy — Gordon Johnson (@GordonJohnson19) May 29, 2025 Leading Economic Indicators look at the future.Lagging Economic Indicators look at the past. When we divide the Leading Index by the Lagging Index, we get a series …
The U.S. economy has officially entered a downturn, with the latest Q1 2025 GDP estimate confirming a 0.2 percent contraction. While this revision is slightly better than the initial 0.3 percent decline, it still marks the first economic shrinkage since 2022. This signals growing instability, with businesses and investors bracing for further turbulence. The primary …
End the Federal Reserve Comparing Costco Prices for the same items from 1997 vs 2025 – Mac and cheese $7.89 -> $14.84– Cheesecake $10.99 -> $19.99– Chimichangas $8.99 -> $17.99– Butter $5.49 -> $13.49– Hotdogs $5.89 -> $16.49– Ribeye Steak $13.60 -> $55.61 pic.twitter.com/AZxOBf5vhC — Wall Street Apes (@WallStreetApes) May 3, 2025 Read this very …
What does a real estate agent do? Sellers think they’re less necessary than 2024 🤔 Although nearly two-thirds of home sellers (63%) believe real estate agents are inherently necessary to the sale process, that’s down 10 percentage points from 2024. For homebuyers, sellers, and those in the real estate industry, 2024 was a tumultuous year. …
Corporate profits as a share of national income have increased to 15.7%, an all-time high. Compensation of employees as a share of national income is 62.1%, near an all-time low. Why has a larger share of national income accrued to corporate profits? pic.twitter.com/BdUhxNne6H — Eric Basmajian (@EPBResearch) March 13, 2025 Corporate profits reaching a record …
Dow Jones Update Will the global trade war be the catalyst? pic.twitter.com/r0ICLuB9rl — The Great Martis (@great_martis) February 11, 2025 America 🇺🇸 must hit rock bottom before it starts to heal. Democrats did a lot of damage in those 4 years. Expect major turbulence in equity markets. — The Great Martis (@great_martis) February 11, 2025 …
Even for an Executive Used to Crises, Andrew Witty Is Being Tested at UnitedHealth Andrew Witty seeks to calm employees and keep the company growing while facing public outrage over health-insurer practices Since the assassination of his top lieutenant Brian Thompson on Dec. 4, Andrew Witty has been keeping long, difficult hours at the Minnesota …
Here’s the original tweet. https://x.com/elonmusk/status/1871978282289082585?s=46&t=Wpywqyys9vAeewRYovvX2w h/t TrampStampsFan420
https://twitter.com/WaltSanDiego/status/1863731174415171881 $MSTR was down over 75% from its peak in August 2021 to its low in Summer 2022. You’ll see the same price action in the next downturn which means there are a lot of newer investors that are going to take huge loses. Buckle up baby! — Ray Zalinsky (@RayZalinskyCAP) December 2, 2024 They …
(Bloomberg) — The world’s banks are on track to report the lowest revenue from foreign-exchange and rates trading since the pandemic, hit by tighter margins and a challenging macroeconomic backdrop. Over 250 firms including Goldman Sachs Group Inc. (GS), JPMorgan Chase & Co. (JPM), Citigroup Inc. (C) and Morgan Stanley (MS) are forecast to make …
Banks in China are foreclosing on a growing number of apartments after homeowners could not pay their mortgages, as the country’s housing crash threatens the financial system. https://www.nytimes.com/2024/11/04/business/china-foreclosures-mortgages.html
Oil has experienced a downtrend in Q3 2024, influenced by several factors: geopolitical tensions, EIA forecasts, OPEC+ production cuts, and slow growth in China. This pattern mirrors Q1 2023, where oil company profits subsequently declined. 2023 Q1 Chart 2024 Q3 Chart Here is a comparison of some oil companies earnings : 2023 2024 Disclaimer …
Microsoft-backed (NASDAQ:MSFT) OpenAI is not expected to earn annual profits until 2029, according to company financial documents obtained by The Information. The documents show annual losses could spike as high as $14B in 2026, the report said. The projections showed the company reaching annual revenue of $100B in 2029. OpenAI also expects to spend about …
https://twitter.com/RJRCapital/status/1836734007062470665 US 30 Yr minus the 3-month pic.twitter.com/f1UqwiYV2Z — Michael J. Kramer (@MichaelMOTTCM) September 19, 2024 https://twitter.com/RJRCapital/status/1836735432463102043 hedge funds starting to hedge with short bonds ETFs Macro furus long bonds in shambles — Alessio (@AlessioTMAD) September 19, 2024 Cuts ✂️ & Returns 📉 📈 pic.twitter.com/x4wS2qdlNp — Win Smart, CFA (@WinfieldSmart) September 19, 2024
"FMS investors have predicted worsening profits for two months in a row." – BofA Hartnett pic.twitter.com/LDOHf9m49q — Daily Chartbook (@dailychartbook) September 18, 2024 “FMS investors” typically refers to participants in the Fund Manager Survey (FMS) conducted by institutions like Bank of America. This survey gathers insights from global fund managers to gauge their outlook on …
It’s simple. It’s been almost 2 years and no one can figure out how to make money off of AI. You can’t sell chips forever to people who aren’t making money. https://t.co/jLo6C7dRHT — Dr_Gingerballs (@Dr_Gingerballs) August 30, 2024 Are you serious? Yikes. I hope I never have to work with you. — Dr_Gingerballs (@Dr_Gingerballs) August …
ANALYSIS Microsoft plans to lay off about 1,000 people across the tech giant, despite what CEO Satya Nadella described during the corporation’s April earnings call as “a record third quarter.” While reports have suggested Microsoft would cut as many 1,500 people just from its Azure for Operators group, The Register has been told that number is not accurate …
Outflows from IT funds keep trending up over the last four weeks. Don’t be left holding the bag. This week, both hardware (Dell) and software (CRM) imploded. And AI had a mid-week reversal of fortune. The chart of the week: pic.twitter.com/05yPzHnfRz — Mac10 (@SuburbanDrone) May 31, 2024 Dropping like flies . Market darlings to ugly …
Linkhttps://t.co/NfB6cG2eI4 — QE Infinity (@StealthQE4) April 14, 2024 Yep and they still hold a lot of zero yielding treasuries. — QE Infinity (@StealthQE4) April 14, 2024
Tesla registered its first annual profit decline since 2017 last year, the company disclosed in its fourth-quarter and full-year earnings report Wednesday afternoon, sending its stock sliding as Elon Musk’s electric vehicle goliath grapples with shrinking margins as it expands output. Key Takeaways Tesla reported earnings per share of $3.12 for 2023, a 23% decline …
Spirit Airlines' shares experienced a 47% plunge in New York, following a 61% drop, marking the largest intraday decline since the stock's trading debut Read more: https://t.co/aBosUi5MTv — unusual_whales (@unusual_whales) January 16, 2024 JetBlue-Spirit Airlines merger blocked by judge over fears it would hurt competition A federal judge on Tuesday sided with the Biden administration …
Authored by Charles Hugh-Smith via oftwominds, No wonder Corporate America added $1.2 trillion in profits to be distributed to the elites of America: everything is diminished, stripped of quality and rendered miserable. Too bad there’s no real competition left in the US economy. One of the most extraordinary economic marvels of the past decade is …
Anybody surprised that „GDP growth“ based on debt fueled construction of ghost cities, idle airports and vacant skyscrapers doesn’t translate into corporate profits? — Michael A. Arouet (@MichaelAArouet) January 1, 2024 The End Phase of High Levels of Chinese Growth. In the 1980s until about 2000, China led the world in Total Factor Productivity (TFP) …
by Chris Black …but they’re going to keep doing it anyway. I would like to hear an explanation on the mechanics of how a public company can pursue a policy of purposefully losing money and not violate fiduciary duties to shareholders. https://www.breitbart.com/entertainment/2023/11/24/nolte-disney-report-warns-investors-social-goals-take-priority-over-profits/ Further, consumers’ perceptions of our position on matters of public interest, including our …
