Polestar Says Implementing “Mitigating Measures” To Offset Import Tariff Chaos EV manufacturer Polestar, one of several struggling names at the bottom of the EV barrel, says that new hefty EU and US import tariffs on its Chinese-made cars are becoming an issue. On a Tuesday call, the company said it would need to “take steps…
Category: Economy
U.S. Government Awards Moderna $176 Million Bird Flu Vaccine Contract
U.S. Government Awards Moderna $176 Million Bird Flu Vaccine Contract Despite what can only be described as a host of looming unanswered questions about its mRNA technology and its Covid vaccines, the U.S has awarded Moderna a new $176 million contract to advance development of its bird flu vaccine. Stop us if you feel like…
Tesla Gets A Lift In China
+ Tesla’s China sales are troubled. +Tesla cars have been approved by the Chinese government. Tesla (NASDAQ: TSLA) shareholders have had two concerns about China. The first is that its market share there is under siege from local EV manufacturers, including BYD. The other is that, without tariffs, Tesla would face significant competition in Europe…
The West, Indubitably, Has Lost Russia, And Is Losing Eurasia Too…
The West, Indubitably, Has Lost Russia, And Is Losing Eurasia Too… Submitted by Alastair Crooke, Is not President Putin’s purpose in visiting North Korea and Vietnam now clear in the context of the Eurasian security architecture project? There perhaps was a momentary shrugging-off of slumber in Washington this week as they read the account of…
Bottom-Fishing: Two Hedge Funds Quietly Buying Physical Cobalt Amid EV Battery Slump
Bottom-Fishing: Two Hedge Funds Quietly Buying Physical Cobalt Amid EV Battery Slump Cautious optimism is creeping back into the cobalt metal market as hedge funds move to physical purchases of the battery metal as prices slump to seven-year lows. With oversupply conditions and slumping electric vehicle demand, the market could soon find balance, given cobalt’s critical role in the…
Israel Should Think Twice Before Sending Some Of Its Patriots To Ukraine Via The US
Israel Should Think Twice Before Sending Some Of Its Patriots To Ukraine Via The US Authored by Andrew Korybko via substack, Russian Permanent Representative to the UN Vasily Nebenzia warned Israel of “certain political consequences” should it send some of its Patriots to Ukraine via the US like CNN recently reported is presently being negotiated between them. This comes amidst the…
Belarus Joins So-Called “Anti-NATO” SCO
Belarus Joins So-Called “Anti-NATO” SCO On July 3, Belarus acceded to the Shanghai Cooperation Organization (SCO), a regional organization helmed by China and Russia, at its annual summit as a full member after officially applying in September 2022. This move would increase the number of member states in the bloc to ten. As Statista’s Florian Zandt shows…
NATO Expected To Tell Ukraine It’s Too Corrupt To Join
NATO Expected To Tell Ukraine It’s Too Corrupt To Join Authored by Dave DeCamp via AntiWar.com, Ukraine will be told that it is too corrupt to join NATO at the alliance’s summit in Washington next week, The Telegraph reported on Tuesday. The report cited a US State Department official who said Ukraine needed to take “additional steps”…
Forget Intuitive Surgical: This Stock Is the Next Millionaire Maker
Imagine this: you walk into a hospital for a procedure. You expect a long, traditional surgery with a lengthy recovery. But what if, instead of the scalpel, you could invest in a company with the potential to revolutionize medicine, offering cures for diseases instead of just treating symptoms? Intuitive Surgical (NASDAQ: ISRG) was once a…
China’s Peace Disease Changes Everything With Taiwan
Michael Muir discusses the potential conflict in Taiwan, drawing lessons from the Ukraine war. He emphasizes the importance of leadership and combat experience, noting China’s lack of recent military engagement. He also highlights the challenges of an amphibious assault on Taiwan, given its geography and prepared defenses, and raises questions about American intervention. https://247wallst.com/wp-content/uploads/2024/07/China-Has-a-Peace-Disease-When-It-Comes-To-Taiwan-1.mp4 Transcript:…
Labour Set For Crushing 170 Seat Majority In UK General Election, As Conservative Party Suffers Worst Result In Its History
Labour Set For Crushing 170 Seat Majority In UK General Election, As Conservative Party Suffers Worst Result In Its History The year of record elections continues to serve up dramatic results, and on Thursday, a national exit poll in the UK general election indicated that Rishi Sunak’s Conservatives will crash out of office after 14…
France Is Preparing Antitrust Against NVIDIA: Why It Won’t Collapse NVIDIA’s Stock Price
France is preparing antitrust regulations against NVIDIA (NASDAQ: NVDA), that might sound scary to investors as antitrust actions have tied up some of technology’s largest companies in the past. However, we dive into why France has little leverage against NVIDIA and is ultimately causing more harm to itself than it could do to NVIDIA. Why…
Billions at Stake: The Debate Over Aircraft Carriers Heats Up
Michael Muir discusses the relevance of aircraft carriers in modern warfare, emphasizing their deterrence value and strategic flexibility despite advancements in missile and drone technology. He compares the current debate to historical shifts in military strategy, such as the transition from battleships to aircraft carriers during World War II, and highlights the carriers’ mobility and…
Big Mexican Cartels Ramp Up Operations In Hawaii As America’s Fentanyl Crisis Broadens
Big Mexican Cartels Ramp Up Operations In Hawaii As America’s Fentanyl Crisis Broadens Mexican drug cartels, including Sinaloa and the Jalisco New Generation Cartel (CJNG), are aggressively expanding into Hawaii, flooding the islands with methamphetamines and fentanyl. Local authorities told media outlet KHON2 that Sinaloa and CJNG are expanding business in the island state by sending drugs via passengers’ luggage,…
16 Things Individuals Can Do To Help Bring America Together
16 Things Individuals Can Do To Help Bring America Together Authored by Lawrence Reed via The Foundation for Economic Education, Americans are angry and divided – perhaps more than at any time since the Civil War. Holding strong opinions, especially in defense of truth, is no vice. But failing to bridge our differences and resolve…
Dior, Armani Under Investigation For “Made In Italy” Handbags Produced By Migrants
Dior, Armani Under Investigation For “Made In Italy” Handbags Produced By Migrants Italian prosecutors investigated the local supply chains of two major Italian fashion houses. Their investigation found that some designer handbags are manufactured by exploited foreign labor. This revelation, while shocking to some, comes as no surprise to readers who already understand the agenda of the Western elites: flood Europe…
Supercomputers with 1 Million NVIDIA and AMD Chips Are Coming
The AI industry’s need for data center compute is driving demand for massive supercomputers, with clusters of over one million chips now being talked about. We discuss how this trend could impact companies like NVIDIA (Nasdaq: NVDA) and AMD (Nasdaq: AMD) and the trends driving this push for such massive AI computing clusters. Why One Million…
I DON’T FEEL INDEPENDANT, DO YOU? PREPARE FOR A SCARE, VEGAS TRAVEL PRICES SURGE, HOUSING BUBBLE
Back with another dose of economic reality: Today we discuss the coming trajedy, Vegas hotel prices, home prices, banks lending, and lot’s more. Got Silver? Huge selection, https://tidd.ly/3t3RcAf FREE SHIPPING with minimum order!! 📺 Save money, get free local TV channels and cut the cable bill with an amplified antenna: https://amzn.to/3wxtzSN (your TV must have…
5 Things You May Not Know About Independence Day
5 Things You May Not Know About Independence Day Authored by Joseph Lord via The Epoch Times (emphasis ours), On July 4, Americans will observe the 248th birthday of the United States. The U.S. Declaration of Independence is on display at Sotheby’s in New York City, N.Y., on June 25, 2024. (Angela Weiss/AFP via Getty…
Was the American Revolution a Mistake?
This post Was the American Revolution a Mistake? appeared first on Daily Reckoning. I did not celebrate the Fourth of July today. This goes back to a term paper I wrote in graduate school. It was on Colonial taxation in the British North American Colonies in 1775. Not counting local taxation, I discovered that the…
Orwell Hits The Highway: Starting This Month Cars In Britain Will Have “Speed Limiters”
Orwell Hits The Highway: Starting This Month Cars In Britain Will Have “Speed Limiters” t’s bad enough cars are all basically equipped with GPS homing devices – and some now even with driver-facing cameras that can monitor you while you drive – but now some vehicles in Britain are being equipped with “speed limiters”. Starting…
The Best Semiconductor Stock to Buy in July Has Gained 1,400%
What’s the best semiconductor stock to buy in July? While investors have zeroed in on NVIDIA (Nasdaq: NVDA), the truth is there are many companies benefitting from the AI boom. We review why Synopsys (Nasdaq: SNPS) could be a top buy this month. The company’s stock is up 1,400% across the past decade and it looks well-posited to…
Alaska’s Strategic Importance To U.S. Security
Alaska’s Strategic Importance To U.S. Security Authored by Seth Cropsey via RealClearDefense, From grave deficiencies in strategic lift and defense industrial base to submarine repair inadequacies, Yorktown Institute continues to highlight shortfalls in the enabling elements on which the continued global supremacy of the U.S. military depends. This article is another in that series. China’s…
Inflation Hits The Grill: The Price Of A July 4th Cookout Keeps Soaring Under Biden
Inflation Hits The Grill: The Price Of A July 4th Cookout Keeps Soaring Under Biden As memories of COVID restrictions are quickly fading, Americans are looking forward to proper, carefree Fourth of July celebrations this year. According to AAA, more than 70 million Americans will travel at least 50 miles this Independence Day week in order…
3 Hidden Semiconductor Stocks with AI Exposure and Massive Upside
NVIDIA (NASDAQ: NVDA) has been at the center of the AI trend, but there are other hidden stocks in the semiconductor industry that investors would be wise to pay attention to. We analyze three under-the-radar semiconductor stocks that could see impressive returns from the incredible growth of AI data centers. These companies are: BE Semiconductor…
Every $5 billion (plus) weather event since 2020
Hurricane Beryl, fueled in part by exceptionally warm ocean temperatures, pounded southern Jamaica on Wednesday afternoon, leaving a trail of destruction, including damaged houses and downed power lines. The first hurricane of the season continued to the Cayman Islands, where it is expected to cause widespread damage as well. And according to the most recent…
Putin & Erdogan Discuss Syria Rapprochement To Squeeze Out Pentagon Occupation
Putin & Erdogan Discuss Syria Rapprochement To Squeeze Out Pentagon Occupation During the ongoing Shanghai Cooperation Organization (SCO) annual summit which is being held in Kazakhstan’s capital of Astana, Russia’s Putin and Turkey’s Erdogan publicly broached the subject of a potential Turkey rapprochement with the Syrian government of Bashar al-Assad. The two have been in a…
Mythology and Reality of Democracy: An Illustration
The second round of the French election, to be held on July 7, carries some interesting lessons about democracy. In each circumscription where no candidate obtained more than 50% in the first round, those who got at least 12.5% are allowed to run. But they don’t have to. A political party or coalition whose candidate…
Americans Share What Patriotism Means To Them
Americans Share What Patriotism Means To Them Authored by Lawrence Wilson, Dan M. Berger, Janice Hisle, Natasha Holt, Jackson Richman, Jacob Burg via The Epoch Times, Independence Day is the nation’s most patriotic holiday, and Americans celebrate it with abandon. (Illustration by The Epoch Times, Shutterstock, Public Domain) On this day of parades, baseball games,…
New Fires Erupt In Israel After Hezbollah Sends 200 Rockets, Drone Swarms
New Fires Erupt In Israel After Hezbollah Sends 200 Rockets, Drone Swarms Large wildfires are once again raging in northern Israel’s Galilee region after on Thursday Hezbollah launched a particularly intense barrage of 200 rockets as well as drone swarms. Some of the fires are believed the result of burning fragments from interceptor shrapnel which fell…
Watch: Leaked Video Shows Trump Call Biden “Broken Down Pile Of Crap”, Kamala Is “So F**king Bad”
Watch: Leaked Video Shows Trump Call Biden “Broken Down Pile Of Crap”, Kamala Is “So F**king Bad” Authored by Watson via Modernity.news, A leaked video features Donald Trump calling Joe Biden a “broken-down pile of crap” who is “quitting the race,” with Trump predicting he’ll now face off against Kamala Harris, who is “so fucking…
The Politics of Protectionism: The British General Election of 1847
The historian AJP Taylor wrote that the 1923 general election was “the only election in British history, fought solely and specifically on Protection.” The general election of 1847 is one of the few contenders. The Reform Act of 1832 gave the vote to elements of the growing urban middle class. The Tory Party fought the…
‘Sharp And Focused But Sometimes Confused’: AP Gaslights With New ‘Fiery But Mostly Peaceful’ Propaganda
‘Sharp And Focused But Sometimes Confused’: AP Gaslights With New ‘Fiery But Mostly Peaceful’ Propaganda While Democrats scramble to perform triage on the Joe Biden situation following last week’s disastrous debate against Donald Trump, which has included multiple calls for him to exit the race from his own party – and the editorial boards of…
The Sociology And Psychology Of The Backyard Grill
The Sociology And Psychology Of The Backyard Grill Authored by Jeffrey Tucker via The Epoch Times, Across America, the backyard grills are out and fired up, along with the rich and complicated culture they unleash. Watching this unfold, I’ve come to the conclusion that it is this feature of the experience more than the culinary…
NFL Stadiums With the Most Expensive Concessions
The price to attend an NFL game has increased by an average of 17% over 2022, a rate well above inflation. At this rate, the only ones who will be able to watch NFL games in person will be the extremely rich. Good for them. However, some fans are willing to put up with ridiculous…
Can Biden Clear The Next Hurdle? Stakes High For Friday Primetime Interview
Can Biden Clear The Next Hurdle? Stakes High For Friday Primetime Interview Though he separately assured staffers and governors on Wednesday that he’s staying in the race all the way to Election Day, President Biden has privately conceded to close allies that he must excel in his public appearances over the next several days if…
The Byzantine Blueprint: A Guide for America’s Monetary Revival
This post The Byzantine Blueprint: A Guide for America’s Monetary Revival appeared first on Daily Reckoning. The doom and gloom surrounding the Presidential race is both undeniable and justified. America seems tapped out. It’s out of money. It has lost the moral high ground. It resorts to coercion to keep its allies – or rather,…
Smith: It’s Damned Hard To Be Proud Of America
Smith: It’s Damned Hard To Be Proud Of America Authored by Justin Smith via The Burning Platform blog, Americans probably still have many good reasons to be proud of America, but as I sat thinking about what I would write to commemorate our Independence Day, they all seemed to evade me at the moment, given…
Eli Lilly Stock Price Prediction: Where Will It Be in 1 Year
24/7 Insights Wall Street expectations for where Eli Lilly and Co. (NYSE: LLY) stock is headed vary considerably. The pharmaceutical stock faces risks, including becoming overbought, but some analysts still have faith. Eli Lilly and Co. (NYSE: LLY) stock has been red hot over the past couple of years, far outpacing the broader markets. This…
New Study Reveals Ozempic, Wegovy Linked To ‘Potentially Blinding Eye Condition’
New Study Reveals Ozempic, Wegovy Linked To ‘Potentially Blinding Eye Condition’ Shares of Novo Nordisk and Eli Lilly extended declines after Mass Eye and Ear, a Harvard-affiliated hospital, revealed in a new study published in the journal JAMA Ophthalmology that people prescribed semaglutide, sold as Ozempic and Wegovy (Novo), have an elevated risk of developing a “potentially blinding eye…
NBA Arenas With the Most Expensive Concessions
Ever had a small heart attack when you ordered a small meal at a sports event and saw the final price? You’re not alone. You’re not allowed to bring outside food or drink to modern-day arenas, and you’re not allowed to leave and re-enter once you’ve entered, so venues know that they have you prisoner…
E Pluribus Airhead
E Pluribus Airhead Submitted by QTR’s Fringe Finance It was only a couple of days ago that I reminded my readers that, if it was necessary to replace Joe Biden, the DNC would do what both politically parties consistently do: make the worst decision possible. And now it looks like that’s exactly what’s happening. On…
6 Under $10 Dividend Stocks to Buy Now
24/7 Insights Dividend stocks offer investors the opportunity to increase investment total return. Lower-priced dividend shares allow investors to build a larger position. Check out this free report: Access 2 legendary, high-yield dividend stocks Wall Street loves. Dividend stocks are trusted among investors. They offer a secure income stream and a promising path for total…
Le Pen Accuses Macron Of Preparing ‘Coup D’etat’ After Series Of Last Minute Appointments
Le Pen Accuses Macron Of Preparing ‘Coup D’etat’ After Series Of Last Minute Appointments French President Emmanuel Macron’s office issued a statement Wednesday urging “cool-headedness” and “moderation” aimed at the National Rally (RN) party and its supporters, after Marine Le Pen on Tuesday charged that Macron is leading an “administrative coup d’état” to make last-minute appointments, in…
Trump’s Reported Plan For NATO Is Already Being Partially Implemented
Trump’s Reported Plan For NATO Is Already Being Partially Implemented Authored by Andrew Korybko via substack, Politico published a piece on Tuesday about how “Trump’s Plan for NATO Is Emerging”, which cites some on-the-record and unnamed sources to describe his approach towards the bloc if he’s re-elected. It’s based upon a policy brief that was…
Independence Day, 2024
Capital Research Center wishes everyone a happy Independence Day. For a sometimes irreverent look at the Continental Congress of 1776, watch 1776 the movie version of the Broadway musical. Click this link for the original source of this article. Author: Jon Rodeback This content is courtesy of, and owned and copyrighted by, https://capitalresearch.org and its author….
Threat Map Shows Hezbollah’s Drone Ranges As Conflict Area Spillover Risks Rise
Threat Map Shows Hezbollah’s Drone Ranges As Conflict Area Spillover Risks Rise Hezbollah’s use of drones is a nightmare for Israel’s defenses. Difficult to track and identify, these drones can overwhelm and evade even the most advanced air defense systems. This threat was realized on Sunday when more than a dozen IDF soldiers were injured in a drone attack. Bloomberg…
Lucid Stock Collapse Continues
24/7 Insights Lucid Group Inc. (NASDAQ: LCID) stock is still in trouble and will not recover. It is too small and loses too much money to survive. Any good news Lucid Group Inc. (NASDAQ: LCID) has released this year has not saved investors from a stock that has dropped considerably in value. Despite a modest…
A Former Prime Minister Reveals Why The UK’s Blob Must Be Destroyed
A Former Prime Minister Reveals Why The UK’s Blob Must Be Destroyed Authored by Iain Murray via The American Institute for Economic Research, In 2023, the British Conservative Party decided to oust its leader, Boris Johnson, who had led them to a resounding electoral victory in 2019, over a slice of cake. He was succeeded by his…
Apple Shareholders Should Brace For 20% Share Plunge.
No one believes a stock that has traded as strongly as Apple (NASDAQ: AAPL) could experience a 20% reset. Think again. It happened in the last year. Apple traded at $194 in January and dropped to $164 in May, 84% of that high. Owners are on edge now. Apple announces earnings in less than a…
Gingrich: The Key ‘Lessons In Liberty’
Gingrich: The Key ‘Lessons In Liberty’ Authored by Newt Gingrich via RealClearPolicy, Historic leaders often share something important in common. They are not born great. Their greatness is a result of a lifetime of difficulty and consequential choices. As Jeremy S. Adams discussed in his book, “Lessons in Liberty,” this is especially true for remarkable…