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In the days and weeks following the demise of the Berlin Wall near the end of 1989, West Germans saw a most curious sight: East German residents, finally able to travel a bit, flooded western streets and roads with Wartburgs and Trabants.
During a conference call with investors last week, JPMorgan CEO Jamie Dimon made a memorable response to a question from Wells Fargo analyst Mike Mayo about the collapse of a subprime auto lender called Tricolor that cost the bank $170 million.
In the shadow of a service outage that affected millions of users, outside of Richland, Washington, internet commerce giant Amazon is building the first of a series of modular nuclear power stations to protect its data services from outages.
Analysts believe the AI bubble is 17 times the size of the dot-com bubble and four times the size of the 2008 global real estate crisis. All due to one thing, greed.
Dramatically Reduced Christmas Spending, Soaring Defaults And Empty Shelves: 14 Signs That The Condition Of The U.S. Economy Is Worse Than You Think
Patrick Bet-David, Tom Ellsworth, and Adam Sosnick are joined by Anthony Pompliano to discuss the major court ruling against Alex Jones, Trump's trade war with China shaking up the markets, and OpenAI's groundbreaking partnership with Walmart.
For executives, the challenge is not proving the technology works, but in defining the rules under which it operates and the values it upholds.
From a scrappy garage startup to the world's most valuable company, Apple's journey is closely tied to the legacies of its two most influential CEOs: Steve Jobs and Tim Cook.
The Kobeissi Letter: BREAKING: Today's decline officially marks the largest single-day liquidation in crypto history. More than -$9 BILLION was liquidated over the last 24 hours.
Amazon shows how capex-heavy bets can terrify investors yet compound into fortunes.
Kevin Pathrath an other warn of an AI Bubble and AI Ponzi with a potential 80% collapse. The core of the argument is the circular financing structure of the recent OpenAI-Oracle-Nvidia deal and the OpenAI-AMD deal.
...Amid Debt Rehypothecation Nightmare
'And the reason he's doing it is because of control. Elon Musk has more control in Texas than he does anywhere else.'
The ADP offered a bit of promising news for large corporations as they managed to expand by 33,000 positions last month. Yet, no corporation is immune to the increased cost of goods, excessive regulation, and taxation.
Just a couple of days ago - on the first of this month - President Trump declared he was imposing a 25 percent tariff on imported heavy (commercial) trucks.
As I wrote just weeks ago, I believed (and still do) that any new market collapse could come at the hands of crypto and/or stablecoins, which have in many ways become an essentially unregulated $4 trillion slush-y money market fund reminiscent of 200
"Huge Red Flag" - Chanos Joins Growing Crowd Questioning Subprime Credit In "The Golden Age Of Fraud"
Trouble could be brewing at America's biggest coffee chain.
Banks with more than $10 billion in assets and CRE exposures greater than 300% of total equity capital.
The latest September grocery pricing survey from Goldman Sachs analysts shows that Walmart remains the leader in the price war among retailers, including Kroger, Albertsons, Sprouts Farmers Market, Whole Foods (WFM), and Dollar General.
Proxy filing cites 'severe destruction of shareholder value' and compares logo changes to Bud Light controversy
Topgolf was once a Wall Street darling, riding billion-dollar growth and pandemic-era hype as its popularity exploded nationwide.
The lingerie company is re-embracing its bombshell roots following years of struggling sales and a tepid response to its diverse catwalk last year.
Tuns out there still is a market that has some influence over what is (and is not) produced – based on what can (and cannot) be sold. Exit the Ram 1500 REV – the electric version of the Ram 1500 pick-up.
Elon Musk bought 2 million shares of Tesla in a bold show of confidence in Tesla.
Paramount Skydance is drafting a cash offer to take over Warner Bros Discovery.
Cracker Barrel is cancelling its bulk order of white paint.
SpaceX Echostar bandwidth buy – SpaceX themselves said the throughput (comm speed) will go up 20 times and the capacity (how many users) will go up 100 times. In a few years, SpaceX own most of global communications and give full 5G everywhere. My
Tesla is just over $1 trillion now but if Elon Musk can achieve all 12 levels of his pay package the company will be $8.5 trillion. He does not start getting paid until he nearly doubles the stock to $619.
Large Companies In The U.S. Are Going Bankrupt At The Fastest Pace That We Have Seen Since The Global Financial Crisis
