Former Greenlight Employee Offers To Debate David Einhorn Over Merits Of Tesla Short
Former Greenlight Employee Offers To Debate David Einhorn Over Merits Of Tesla Short A former Greenlight Capital employee, who is embroiled in a lawsuit against his former employer for defamation, claims the firm “fundamentally misunderestimates” Tesla and is seeking to debate Greenlight President David Einhorn on the topic. On a post on X, the employee, […]
Futures Flat In Quiet End To Torrid Week
Futures Flat In Quiet End To Torrid Week US equity futures are flat to end a torrid week which saw all indexes hit a fresh all-time high while the terminally anachronistic Dow Jones briefly topped 40,000. Pre-market, MegaCap Tech are mixed: AMZN +20bp, MSFT +20bp, META -22bp, GOOGL -18bp. WMT is down 27bps pre-mkt, after […]
Left’s “Sue-Till-Green” Strategy Comes To PA
Left’s “Sue-Till-Green” Strategy Comes To PA Authored by André Béliveau via RealClearPennsylvania, When climate activists use the term “environmental justice,” they mean it literally. Rather than legislating and passing laws (as is customary in a constitutional republic), they’ve turned to the courts to fight their quixotic battles. Pennsylvania is no stranger to litigating climate-related policies. […]
GameStop Crashes On Plan To Dump 45 Million Shares On Market
GameStop Crashes On Plan To Dump 45 Million Shares On Market Sunday: pic.twitter.com/YgjVqtgcNS — Roaring Kitty (@TheRoaringKitty) May 13, 2024 Roaring Kitty’s post on X unleashed a mega short squeeze in heavily shorted Gamestop and AMC Entertainment Holdings between Monday and Wednesday. On the first day of the mania, we pointed out, “You know Jefferies bankers are burning the […]
World’s #1 Golfer Tossed Against Car, Arrested In Kentucky — Calls “Very Chaotic Situation”
World’s #1 Golfer Tossed Against Car, Arrested In Kentucky — Calls “Very Chaotic Situation” The world’s #1 golfer Scottie Scheffler was arrested and taken to jail on several charges – including a felony charge of assaulting a police officer, after he tried to bypass a massive traffic backup to enter the Valhalla Golf Club in […]
Turley: Will The Trump Jury Realize They Are Being Played By The Prosecution
Turley: Will The Trump Jury Realize They Are Being Played By The Prosecution Authored by Jonathan Turley, Below is my column in Fox.com on the approaching end of the Trump trial in Manhattan. With the dramatic implosion of Michael Cohen on the stand on Thursday with the exposure of another alleged lie told under oath, […]
BREAKING: Silver Trades Above $30/oz First Time In Over a Decade
Silver prices have reached $30 per ounce, marking a significant milestone driven by strong industrial demand and favorable market conditions. This surge reflects investor confidence in the metal’s future, bolstered by increasing applications in technology, renewable energy, and electronics. The rally is part of a broader trend in precious metals, silver is now up 5.6% […]
China Unleashes Bold Measures to Rescue Property Market Crisis
In an aggressive move to revive its struggling property market, Beijing has unveiled a comprehensive rescue package, including the removal of mortgage rate floors and lowering down payments. The People’s Bank of China will inject $42 billion to help government-backed firms purchase unsold homes, converting them into affordable housing. Despite this, analysts warn that the […]
Investors Reap Rewards Across Markets as Dow Hits 40,000
Amid an ideal investing environment, the Dow Jones Industrial Average has surged past 40,000 for the first time, driven by resilient corporate profits, low unemployment, and easing inflation. Investors are striking gold with gains in diverse markets, including tech stocks, cryptocurrencies, and precious metals. Despite some concerns about government debt and market timing, optimism remains […]
Is US Copper Sowing The Seeds Of Its Own Return To Earth?
Is US Copper Sowing The Seeds Of Its Own Return To Earth? Authored by Simon White, Bloomberg macro strategist, Copper’s recent rally has been most pronounced in the US, taking the futures curve there into extreme backwardation. That typically precedes a supply response and lower prices. Nonetheless, the long-term bullish case for copper is intact. Copper […]