Democrats Plan August Blitz To Campaign Against GOP Spending Bill Authored by Chase Smith via The Epoch Times (emphasis ours), House Democratic leaders plan to use the August recess to launch a nationwide campaign against the Republican-led budget law signed by President Donald Trump earlier this month—an effort they say will define the lead-up to…
Category: Economy
Earnings Live: Coverage of Intel’s Quarterly Numbers
Live Updates Live Coverage Updates appear automatically as they are published. Margins & Cost Pressure 4:12 pm GAAP gross margin dropped to 27.5% (from 35.4%). Non-GAAP margin fell to 29.7%, impacted by $800M in impairments and one-time costs. Despite aggressive cost-cutting, structural profitability remains elusive. Intel still targets $17B in non-GAAP OpEx for 2025 and…
Earnings: Live Coverage of Deckers (DECK) 1st QTR
Live Updates Live Coverage Updates appear automatically as they are published. Wholesale Booms 4:13 pm Wholesale sales jumped 26.7% to $652.4M. DTC sales rose just 0.5%, with comparable DTC down 2.2%. This mix shift toward wholesale helped drive the top-line surprise but may raise some questions on DTC leverage and margin implications in future quarters….
Istanbul Talks: Russia Proposes Brief Truces, As Another POW Swap Achieved
Istanbul Talks: Russia Proposes Brief Truces, As Another POW Swap Achieved The only substantial thing to come from the Wednesday Russia-Ukraine talks – which is the third round of dialogue – is another sizeable prisoner swap, which Ukraine’s President Zelensky has confirmed. He said a post on social media that Wednesday’s prisoner swap has resulted…
Forget NVDA: These 3 AI Stocks Have 5x Potential
Key Points These AI stocks have multibagger upside potential over the coming years. The risk-reward ratio is more favorable compared to the popular big-cap alternatives. All three have high growth rates, and analysts see that growth holding strong. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor…
Forget AMC: GoPro (GPRO) is the Newest Meme Stock Traders Are Flocking Into
Key Points After AMC Entertainment and GameStop, there are new meme stocks in the market this week. GoPro has garnered attention as a meme stock and is up 98% in five days. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer…
Is $6 a Reality for Wolfspeed (WOLF) Or Wishful Thinking?
Key Points Wolfspeed, Inc. is a semiconductor company that is undergoing a Chapter 11 bankruptcy restructuring thanks to the help of Apollo Global Management and a $1.25 billion secured note with an option for $750 million more. The stock price dropped from a $7.50 range earlier this year to as low as under $1.00 since …
3 Fidelity ETFs I’m Personally Buying Right Now
There are many financial wizards out there and personal finance experts who will tell you what to do, or provide strategies that they think will help individual investors outperform over the long-run. However, I’ve always felt that whoever is doing the talking should also be doing the walking, which makes investing alongside other folks in…
I Am Buying 5 Blue-Chip Dividend Stocks That Have Been Crushed in 2025
Blue-chip stocks are shares of large, well-established, financially stable companies with a consistent and reliable performance history. They are often considered less risky and are a popular choice for long-term investors. Additionally, nearly all leaders in the category pay dependable, recurring dividends each quarter, regardless of the state of the economy. The term “blue chip”…
Judges Order Kilmar Abrego Garcia Released From Federal Custody
Judges Order Kilmar Abrego Garcia Released From Federal Custody Authored by Arjun Singh via The Epoch Times (emphasis ours), WASHINGTON—Two federal judges on July 23 ordered that Kilmar Abrego Garcia, an illegal immigrant from El Salvador subject to a high-profile prosecution by the United States, be released from federal custody and permitted to return to…
How Parents Are Fighting Back Against the Broken School System
Kali Fontanilla recently appeared on The Mom View to discuss her experiences and insights on the public school system. After 15 years of teaching in California, Kali discovered disturbing curriculum during COVID—including privilege quizzes, secret gender transitions, and political indoctrination disguised as education. Kali also discusses ways to identify DEI (diversity, equity, and inclusion) in…
“Bullsh*t”: Vance Slams Microsoft For Firing Americans While Applying For H-1B Visas
“Bullsh*t”: Vance Slams Microsoft For Firing Americans While Applying For H-1B Visas Vice President JD Vance unleashed a fiery takedown of Corporate America’s relentless outsourcing of U.S. jobs, zeroing in on Big Tech’s shameless dependence on foreign workers through the grossly misused H-1B visa program, slamming it as a betrayal of American workers. “You see…
Trump Says Incoming CBS Owner Will Provide $20 Million In Ads In Addition To Paramount Settlement
Trump Says Incoming CBS Owner Will Provide $20 Million In Ads In Addition To Paramount Settlement Authored by Jackson Richman via The Epoch Times (emphasis ours), President Donald Trump says he will receive $20 million in ads and public service announcements from Skydance, the incoming owner of CBS, in his lawsuit against the network’s “60…
Untenable Tenant Anger
Today, I continue on the previously explored theme on how economics can create reactions others might find as odd. In my earlier take on this, I described how I am very often glad rather than resentful that a particular good or service requires payment – even (especially?) when its something I really need. For this…
Do WNBA Players Really Want to Be Paid What They Are Owed?
By William L. Anderson, Mises Institute More than 16,000 people showed up at the WNBA All-Star game July 19, but the big news wasn’t that Team Collier pummeled Team Clark by the grotesque score of 151-131, or even that this was the highest-attended WNBA All-Star game in the league’s history. Instead, the big news was…
TSMC: A Hedge Fund Favorite That Could Be Headed to $290
Though we’ve only gotten a small glimpse of the second-quarter moves made by the smart money crowd, it’s looking like shares of Taiwan Semiconductor (NYSE:TSM) are an early favorite among a number of hedge funds. And it’s not hard to see why, given how heavily the semiconductor industry leans on the foundry giant. Of course, there…
US Dow Surged 15.3% in 1933, Today’s Equivalent Would Top 6,700 Points Amid Tariff Fears
Almost 100 years ago, on March 13, 1933, the Dow Jones Industrial Average experienced the largest ever single-day surge. In the midst of the Great Depression, President Roosevelt declared a banking holiday, resulting in the index jumping a whopping 15.3%. This historic moment in the U.S. market is close to unimaginable today, but such a…
This is Why Shares of MXL Are Up 12%
Key Points As of noon, MAXL volume was up to 7.3 million, as compared to its average volume of 1.08 million. MAXL revenue of $108.8 million, up 18.3% year over year, beat by $3.86 million. Are growth and income stocks yielding 5% a good fit for you? Why not meet with a financial advisor to…
Trump To Visit Fed HQ As Criticism Of Powell Continues
Trump To Visit Fed HQ As Criticism Of Powell Continues Authored by Veronica Friedman via The Epoch Times, President Donald Trump will visit the Federal Reserve headquarters on Thursday, the White House said, amid ongoing tensions between the administration and the central bank. In a schedule released to the press on Wednesday night, the White…
Is This Vanguard ETF’s Rally Too Good to Last? Why This Tech Fund Could Crash
Key Points in This Article: Vanguard Information Technology ETF‘s (VGT) 22.6% annualized return over the past decade outpaces the S&P 500, but its 43% weighting in just three stocks heightens risk. A narrowing market rally, with tech stocks driving 80% of S&P 500 gains, exposes VGT to volatility if AI-driven leaders falter. Regulatory scrutiny, high…
Oklo Just Hit $75. Is $80 a Share Next?
Key Points With a volume spike to 27 million shares, as compared to its daily average volume of 20.4 million, the OKLO stock is up about 12% to $75 a share. Citi just raised their OKLO price target by $38 to $68 a share. Are growth and income stocks yielding 5% a good fit for…
The Legend Of Luis Leon: The Media Embraces Another Anti-Ice Hoax
The Legend Of Luis Leon: The Media Embraces Another Anti-Ice Hoax Authored by Jonathan Turley, “When the legend becomes fact…print the legend.” Those words from an editor to a young reporter in “The Man Who Shot Liberty Valance” still appear to be the modus operandi of the media. That was demonstrated this week with the…
U.S. Auto Prices Set to Surge by $7,500 as Tariffs Hit Stellantis With $2.7B Loss
Stellantis is the parent company of major car brands like Dodge, Chrysler, and Jeep. The industry giant is taking a massive hit in earnings, to the tune of $2.7 billion, all in just the first half of 2025. This significant loss comes at the hands of tariffs on EU auto imports. These tariffs could be…
Gold Miners Trapped 500 Meters Underground In British Columbia
Gold Miners Trapped 500 Meters Underground In British Columbia Three miners have been trapped 500 meters underground at Newmont Corp.’s Red Chris mine in northwest British Columbia since Tuesday after part of a non-producing area of the mine collapsed. “At the time of the initial incident, three business partner employees were working more than 500…
AI + Minerals = $$$ (3 Urgent Investments)
This post AI + Minerals = $$$ (3 Urgent Investments) appeared first on Daily Reckoning. There are assertions that, on the face of them, should be dismissed immediately as nonsense. But modern science tells us not to trust our first instincts in favor of “the numbers,” or “the data,” or “the stats.” The problem is…
7 Days Short: How U.S. Social Security’s 10-Year Marriage Rule Denies Key Survivor Benefits
Social Security provides resources for the majority of retired Americans. However, most people don’t realize the full scope of Social Security and what it covers. Aside from the traditional retirement benefits its well-known for, the program also offers survivor benefits to spouses of deceased beneficiaries. Eligibility follows strict rules and failing to comply could make…
Meme Stock Favorite Opendoor Is Surging Once Again. Look Out Below?
Key Points in This Article: Opendoor’s (OPEN) stock is surging 25% today, driven by meme stock hype and the Cash Plus program, but recent volatility highlights its speculative nature. Cash Plus offers sellers upfront cash and potential additional proceeds, but it increases Opendoor’s risk in a slowing housing market with declining sales and rising inventory….
Happy Retirement
Happy Retirement By Philip Marey, senior US strategist at Rabobank If Fed Chair Jerome Powell is thinking about planning his retirement, his fellow Republicans are giving him plenty of suggestions. In an interview on Bloomberg TV, Treasury Secretary Scott Bessent talked about the trade negotiations, his role as an intermediate between President Trump and the…
Complete Breakdown of Alphabet’s 2Q Earnings
Live Updates Live Coverage Updates appear automatically as they are published. Wall Street’s Take on 2Q 11:20 am Wall Street is responding positively to Alphabet’s Q2, with Barclays raising its price target to $235 (from $220), citing “a lot of great metrics,” including accelerating Cloud revenue and strong Search paid clicks. The firm remains Overweight…
Why Do I Feel Like Everyone Is Just Rich But Us? My Husband and I Make $60,000 a Year
Key Points A Reddit user feels like everyone makes more money than she does. With a combined household income of $60,000, she is making less than the median. Her husband could look for a better job, but they can also make a detailed financial plan to get ahead even on a lower salary. It’s hard…
“I Want Elon To THRIVE” Trump Says, Dismissing Rumors He’s Seeking To Harm Musk’s Companies
“I Want Elon To THRIVE” Trump Says, Dismissing Rumors He’s Seeking To Harm Musk’s Companies Today former President Donald Trump denied accusations that he plans to harm Elon Musk’s companies, such as Tesla and SpaceX, by cutting off federal support. Responding to recent speculation, Trump posted on Truth Social: “Everyone is stating that I will…
Is Hims & Hers the Newest Meme Stock Darling?
Key Points in This Article: Hims & Hers (HIMS) telehealth platform drives strong growth, but the Novo Nordisk partnership fallout and regulatory risks pose challenges. Wall Street Bets has fueled meme stock surges in names like Opendoor, with HIMS’ 38% short interest and 1000% mention spike signaling potential for a gamma squeeze. Despite volatility, HIMS’…
AST SpaceMobile vs. GlobalStar? Which Stock Will Soar Higher?
Key Points ASTS and GSAT are intriguing satellite connectivity plays with significant growth prospects. ASTS is the much hotter stock, while GSAT has dragged its feet in recent years. Growth investors should watch both names carefully. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes…
CrowdStrike (NASDAQ: CRWD) Stock Price Prediction and Forecast 2025-2030 (July 2025)
A year after a major global outage caused by a faulty software update, CrowdStrike Holdings Inc. (NASDAQ: CRWD) has demonstrated a remarkable recovery. The cybersecurity company reported solid first-quarter results and announced a $1 billion share repurchase plan. It also announced a collaboration with Microsoft, and a U.S. District Court dismissed a consumer class action…
Live Reactions After Quantumscape (QS) Earnings?
QuantumScape (NYSE:QS) opened Thursday’s session up 1.8%, a modest bounce that follows a sharp 10% drop in after-hours trading on Wednesday. At first glance, the move seemed puzzling—this is a pre-revenue company with no sales to report and an EPS loss of ($0.20), just slightly wider than consensus. But this is a name that’s rallied…
Russia Has 13,673 Artillery Pieces, More Than India and China Combined
Key Points Russia continues to invest heavily in the brute force of artillery, according to its military doctrine With 13,673 pieces in service, Moscow controls more artillery than India and China combined Russia outguns the entirety of NATO single-handedly when it comes to artillery Are you ahead, or behind on retirement? SmartAsset’s free tool can…
It Can’t Be A Coincidence!
Recently, co-bloggers Scott Sumner and Kevin Corcoran had a series of excellent posts on causation, coincidence, and identities (Scott’s post is here and Kevin’s are here, here, and here). I want to add my two cents to the conversation with some readings and thoughts for interested readers. A theme that runs through both their posts…
Elon Musk: “We’re Bringing Back Vine”
Elon Musk: “We’re Bringing Back Vine” Elon Musk announced moments ago that the defunct short-form video app Vine, which was first launched by Twitter in 2013, will be revived. This means users will be able to create short-form video, just like the Chinese app TikTok. “We’re bringing back Vine, but in AI form,” Musk wrote on…
LUNR Rockets 18% Higher. Is Space the Next AI Goldmine?
Key Points in This Article: Intuitive Machines (LUNR) is advancing lunar access and space-based semiconductor manufacturing, with its stock rocketing 18% yesterday due to partnerships and analyst support. Its recent Space Forge collaboration aims to produce high-purity semiconductors in microgravity, supported by a Texas Space Commission grant. An analyst’s Buy rating and $17 price target…
Nasdaq Composite Live: All-Time Highs With Earnings Season Heating Up
This article will be updated throughout the day, so check back often for more daily updates. The tech-heavy NASDAQ notched a new high this morning, just above 23,394 on earnings. In fact, just last night, Alphabet ( Revenue of $96.43 million was above expectations of $94 billion. EPS of $2.31 was also above estimates calling…
Nio (NYSE: NIO) Stock Price Prediction and Forecast 2025-2030 (July 24)
The tariff-driven market volatility has been rough on shares of Chinese electric vehicle (EV) maker Nio Inc. (NYSE: NIO), which in April fell to a multiyear low of $3.02. Shares rebounded afterward, and they are now up 12.8% year to date, after an 11.7% pop in the past week following the launch of a new…
Digital Afterlives: The Rise of Startups Offering Tech-Forward Farewells
Can you imagine a world where businesses were not looking to disrupt and earn billions of dollars? Considering the US funeral market generates almost $20 billion a year, it’s next on the list of opportunities startups want to profit from. Key Points The business of death is unlikely to disappear anytime soon. Startups know that…
Meta Platforms (NASDAQ: META) Stock Price Prediction for 2025: Where Will It Be in 1 Year (July 24)
So far this year, one of the better performers among Magnificent 7 has been Meta Platforms Inc. (NASDAQ: META). Its shares have outperformed the broader market and are currently up 12.1% from six months ago, after retreating modestly from a recent all-time high of $747.90. For comparison, other Magnificent 7 members have fared much worse….
Geopolitical Powder Keg Erupts: Thai F-16s Strike Cambodian Targets In Border Clash
Geopolitical Powder Keg Erupts: Thai F-16s Strike Cambodian Targets In Border Clash A long-standing border dispute between Thailand and Cambodia sharply escalated overnight, with reports that a Thai F-16 fighter jet conducted air-to-ground strikes on multiple Cambodian military positions near the disputed border region. Reuters reports that Thailand readied six F-16 fighter jets but deployed only…
Americana 2030s: Musk Says Retro-Futuristic Diner Could Roll Out Around Nation
Americana 2030s: Musk Says Retro-Futuristic Diner Could Roll Out Around Nation Elon Musk’s retro-futuristic Tesla Diner and Supercharger in Los Angeles quietly opened its doors to first responders over the weekend. Musk announced on X that if the concept proves successful, a nationwide rollout is a possibility. “If our retro-futuristic diner turns out well, which I…
Why Bitcoiners Will Benefit From Stablecoin Legislation
Why Bitcoiners Will Benefit From Stablecoin Legislation Authored by Julia Cartwright via the American Institute for Economic Research, The recent passage of the Senate’s GENIUS Act and House’s upcoming “Crypto Week” mark a seismic shift in the financial world. The bill, which passed by a 68–30 vote, establishes a federal regulatory framework for stablecoins, including reserve requirements, issuer disclosures,…
Should Democrats go back to neoliberalism?
Photo by Marques Thomas on Unsplash Adam Ozimek had an interesting tweet today: It’s a compelling point. The op-ed he’s referring to is by law professor Zephyr Teachout, in which she accuses grocery stores of using market power to squeeze out smaller competitors and raise prices for consumers. I’m not sure who has “mocked” Teachout’s…
Meme Stock Mania Returns, Bitcoin At ATH. But Have You Checked Used-Rolex Prices?
Meme Stock Mania Returns, Bitcoin At ATH. But Have You Checked Used-Rolex Prices? The meme stock craze of 2021 appears to be making a roaring comeback this week. On Tuesday, shares of Kohl’s soared as much as 90%, while premarket trading on Wednesday saw heavily shorted names, such as GoPro, jump 50% or more. It all began with…
EU Tightens Russian Oil Cap, But Loopholes Undermine Impact
EU Tightens Russian Oil Cap, But Loopholes Undermine Impact Authored by Cyrill Widdershoven via OilPrice.com, EU launches its 18th sanctions package, lowering Russia’s oil price cap to around $47.60/barrel and targeting the energy sector more aggressively. Loopholes remain widespread, with Greek-owned tankers helping transport Russian oil, and non-OECD nations like China and India continuing to…
Survey Reveals “Seismic Shift” As More Parents Reject Vaccine Schedule
Survey Reveals “Seismic Shift” As More Parents Reject Vaccine Schedule A new survey published in the JAMA Network by researchers at Emory University and the Centers for Disease Control and Prevention has found that an increasing number of pregnant women and new mothers are delaying, or even outright refusing, government-recommended vaccines that hospitals and pediatricians push…
Germany’s €450 Billion EU Tribute: Brussels Demands, Berlin Pays
Germany’s €450 Billion EU Tribute: Brussels Demands, Berlin Pays By Thomas Kolbe Political centralism doesn’t come free of charge. On the path toward the United States of Europe, Brussels is entangling itself in a web of overreach, control mania, and interventionism. The invoice for this arrogance is being handed down to the outposts of Eurocracy….