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Adobe shares suffer steepest drop in over two years on disappointing revenue guidance

Adobe shares fell 14% on Thursday, their steepest drop since September 2022, after the software vendor issued disappointing revenue guidance. Sales in the fiscal first quarter will be between $5.63 billion and $5.68 billion, Adobe said in its fourth-quarter earnings report late Wednesday. Analysts on average were expecting revenue of $5.73 billion, according …

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S&P 500 Price to book, brings us so close to being the most expensive market of the modern era. The 2000 bubble: Nasdaq lost 78% in 2 years. It will be worse this time.

Any questions?https://t.co/vgMB7gVz3H pic.twitter.com/m94yuqKjV5 — Mac10 (@SuburbanDrone) December 12, 2024 These conditions echo the dot-com bubble, where the Nasdaq rose five-fold from 1995 to 2000, only to crash by 78%. Given the current high valuations and investor optimism, caution is essential. Investors should consider the risks and adjust strategies accordingly. https://twitter.com/MichaelMOTTCM/status/1867196888430109006 …

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Campbell Soup Company Changes Its Name After 155 Years

The decision to rebrand is part of the company’s broader efforts to expand and shift its focus towards snacks and other jarred sauces, beyond just soups. “This subtle yet significant change preserves the iconic company’s name recognition, its reputation, and the value built over 155 years, while better reflecting the …

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The US government is closing a women’s prison and other facilities after years of abuse and decay

The federal Bureau of Prisons is permanently closing its “rape club” women’s prison in California and will idle six facilities in a sweeping realignment after years of abuse, decay and mismanagement. The agency informed employees and Congress on Thursday that it plans to shutter the Federal Correctional Institution in Dublin, …

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MSM: “Humanoid robots could create a $7 trillion market in the next 25 years, say Citi analysts!”

Great strides have been made in technology and artificial intelligence, making humanoid robots seem like a not-so-distant reality. In a recent episode of Opening Bid, Citi Global Insights analysts Rob Garlick and Wenyan Fei discussed their research on the advancement of humanoid robots over the next 25 years. “Robots are …

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Russia Raises Military Budget for Next Three Years

by Martin Armstrong What began as a special military operation has turned into the start of the next world war, and Russia is paying heavily. Russian President Vladimir Putin passed a new budget over the weekend that will allocate 32.5% of the total budget (13.5 trillion rubles) for FY25 to …

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US Debt Could Hit $40 Trillion in 2 Years, With Growing Calls For Cuts. Musk Warns “America Is Headed For Bankruptcy SUPER FAST!”

At the current pace, US debt could hit $40 trillion within the next 2 years. Calls for major spending cuts are growing, but not being acted on yet. We are on an unsustainable fiscal path. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) …

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Wasn’t this guy supposed to spend 42 billion over 3 years? At this rate, his entire purchase plan is going to be completed in 3 months… $435.3MM outflow from bitcoin ETFs

MicroStrategy has acquired 55,500 BTC for ~$5.4 billion at ~$97,862 per #bitcoin and has achieved BTC Yield of 35.2% QTD and 59.3% YTD. It's now been four weeks since $MSTR announced its three-year plan to spend $42 billion buying #Bitcoin. MSTR has already spent $10 billion. At this rate, the …

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Does the mayor understand that its up to 20 years he talking about? Thats just for conspiring to stop federal agents. If he actually tries its obstruction insurrection and a probably a few others crimes.

Does the mayor understand that its up to 20 years he talking about? Thats just for conspiring to stop federal agents. If he actually tries its obstruction insurrection and a probably a few others crimes. pic.twitter.com/3a1w6Kz0fl — MostlyHarmless (@harmless_human) November 26, 2024 Sean Hannity: Tom, you heard this mayor out there …

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This is what wall street #FOMO for $BTC looks like. Michael Saylor is becoming noticeably desperate. We are falling for the same scams from 25 years ago. It will end the same way

This is what Wall Street #FOMO for $BTC looks like https://t.co/NkwSgIOJ2R pic.twitter.com/SSCd5yuYcT — JustDario 🏊‍♂️ (@DarioCpx) November 25, 2024 All I know is MSTR is the top performer in the 500 ytd because of its financial engineering scheme where returns to are paid to earlier investors with capital from newer …

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16 Years in Prison – in Korea – Johnny Somali

https://www.youtube.com/watch?v=9KQgWTNEKMs As the Johnny Somali story is coming to a close, one of the biggest podcasts Rotten Mango has now highlighted his crimes. Now South Korea has to act as even the regular news media has been covering the story.

Yen needed BoJ rate hikes two years ago, interventions now prove ineffective.

Told you… so many times… 😓 But no worries, #BOJ cannot afford to turn off the $JPY printer as you can see from the next line… https://t.co/onTdK9C5S9 pic.twitter.com/C96vRVxxsI — JustDario 🏊‍♂️ (@DarioCpx) November 18, 2024 Someone should really tell the #BOJ that continuing to bluff about hiking rates so trading …

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Pennsylvania housing prices rose 440% in last 40 years

Pennsylvania home prices have spiked more than 440% over the past four decades, according to one analysis of Freddie Mac data. Why it matters: That sounds bad but we’re below the national average of nearly 500%. The big picture: Housing affordability was among the top issues for voters in this …

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