Markets & Trading
Nvidia To Raise $20BN In Debt From First Bond Sale Since 2021, As AI Debt Frenzy Goes Parabolic
Nvidia became the latest company seeking to raise at least $20 billion from its first corporate bond sale since 2021.
Charles Schwab temporarily stops serving its trading customers because of the Space X IPO
A surge of investor activity surrounding the highly anticipated SpaceX initial public offering (IPO) caused Charles Schwab to temporarily suspend access to portions of its trading platform on Tuesday morning.
Musk Becomes Earth's First Trillionaire As Blockbuster SpaceX IPO Opens At $150
"SpaceX turned a competitive moat into an ocean of opportunity that we don't see others crossing. "
Futures Rally Amid Fresh Iran Peace Hopes, All Eyes On SpaceX
“Markets would believe the deal is reached when we have the actual agreement signed and the Strait of Hormuz can be opened. For now, markets are in relief mode that further escalation can be avoided.”
DOJ Probes Big Banks For Alleged "Debanking" Of Clients
The U.S. Attorney’s Office for the District of Columbia, led by Jeanine Pirro, has reportedly issued subpoenas to several major banks...
Marriage Benefits Men's Life Expectancy More Than Women's
One data point has recently caused much astonishment, confusion and also anger online...
Amazon Freight Expansion Sparks Selloff Across Trucking Stocks
"Businesses of all sizes can now use LTL to move freight, typically ranging from one to six pallets, or between 150 and 15,000 pounds."
Americans' Real Wages Are Shrinking As CPI Tops 4% For First Time In 3 Years
Services costs are accelerating but Goods prices deflated for the first time in a year...
First Andreessen, Now Goldman CEO Shuts Down AI Job-Apocalypse Doomerism Narrative
"I'm the C.E.O. of Goldman Sachs. The A.I. Job Apocalypse Is Overblown."
Ferrari Fever Hits Samsung, SK Hynix Workers As AI Memory Boom Mints New Wealth
The global memory boom, with Samsung at the epicenter of the production ecosystem, appears to be generating a sudden wealth effect among some employees, with local media reporting that newly enriched chip workers are now panic-buying luxury sports cars.
A short clip from MBC News, the news division of Munhwa Broadcasting Corporation and one of South Korea's top national TV and radio broadcasters, featured at least one exotic car dealership reporting a sharp uptick in Samsung Electronics and Hynix employees seeking to buy high-end sports cars.
Tulsi Gabbard Resigns As Director Of National Intelligence
"My husband, Abraham, has recently been diagnosed with an extremely rare form of bone cancer..."
As Stocks Hit Record Highs, Americans' Consumer Confidence Collapses To Record Low
"The cost of living continues to be a first-order concern..."
Quantum Stocks Erupt As U.S. Gov't Awards $2 Billion, Takes Equity Stakes
"The Trump administration is leading the world into a new era of American innovation."
UK COVID Inquiry's Endorsement Of Censorship Sets Chilling Precedent
...a shameful whitewash that will only further corrode trust in public health...
UK government replaces Palantir software with internally-built refugee system
Millions of pounds have been saved by replacing a Palantir IT system which helps to find homes for Ukrainian refugees with one built by its own experts, a government department has said.