Tesla’s stock just got yeeted, dropping over 3% as Donnie Politics, now back in the Oval Office, made it clear he’s not a fan of EV subsidies. On Day One of his presidency, he torched 78 Biden-era executive orders like they were written on napkins, including the friendly little suggestion that half of all new cars sold in the U.S. by 2030 should be electric. Whereas, those $7,500 EV tax credits? Trumps scrapping them too—all while Big Oil is having themselves a day. ...
Looks like Starbucks CEO Brian Niccol is bringing his old Chipotle playbook to the world’s most famous coffee chain—and step one is getting rid of some middle-management dead weight. In short, Starbucks announced that it’s cutting jobs in its corporate support roles as part of Niccol’s “Back to Starbucks” plan. And while no blue hair baristas will be harmed in the making of this restructuring, the folks in Seattle’s glass towers might be #OpentoWork on L...
Cathie Wood just dumped $9.1 million worth of Palantir stock from her ARK Innovation ETF. If this feels like a duplicated article, it’s because she also sold $16.9 million worth of the same stock earlier this month. So, is this a calculated move to lock in gains (for once) or a signal that Palantir’s helium rise might have hit its ceiling (even for someone with her trademark rose-colored glasses)? Palantir’s stock had an absolutely wild 2024, skyrocketing 340% to become...
It seems like Apple’s golden aura of invincibility just took a solid hit, and not even a Jony Ive-designed band aid can cover the bruise. Simply put, Jefferies just slapped Big Tech upside the head as they dropped their rating on Apple from “Hold” to “Underperform.” The downgrade comes amid two troubling trends—weakening iPhone sales and AI features that are, frankly, less “rock solid” and more “ED.” Meaning, if you’re an Apple in...
Most traders start to have wet dreams when they hear of a stock or sh*tcoin with some upcoming breaking news... aka a catalyst. Well, you might want to wear an extra pair of undies tonight, because there's one pharmaceutical stock with some huge news right around the corner. Even though Bernstein recently threw some cold water on the hype by lowering their price target, this biotech company has an FDA decision on Jan. 30 that could be a nuke for the stock price…or a total dud. Either...
Well it looks like the Jeff Bezos backed Perplexity AI is looking to marry up. The potential bride? TikTok of all companies. The startup is barely out of its toddler years, and now wants to merge with one of the most controversial and addictive apps on the planet, all while Washington D.C. breathes down TikTok’s neck with a legislative hammer. However, what’s interesting here is the math that isn’t mathin’ when it comes to valuations. See, Perplexity AI is on...
Welcome to Trump’s inauguration day, where Bitcoin’s flirting with $110K, memecoins are back like they’ve got 2021 FOMO, and Truth Social is making headlines again. While the platform’s stock has spent the past year yo-yoing between meme-fueled hysteria and “sell everything” panic, it’s currently enjoying a 14% bump in just five days. But forget the stock… let’s talk about Trump’s new Attorney General, Pam Bondi, who happens to own $3....
Remember Ready Player One? The dystopian Spielberg flick where people escaped their pathetic reality by living in a fully immersive virtual world? Well, if you squint hard enough, you might notice we’re creeping dangerously close to that future… except instead of VR headsets and Easter egg hunts, we’ve a POTUS launching his own memecoin just days before his inauguration. And the internet is already going crazy with conspiracy theories about who masterminded it. The prim...
Intel, the OG of semiconductors—or, as it’s been known lately, the punching bag of the chip industry—just lit up Wall Street with a little acquisition rumor that sent its stock soaring over 8% on Friday. And honestly? It’s really not that surprising considering nothing gets investors more hyped than a whisper of a potential buyout. (Source: Giphy) In short, according to SemiAccurate—yes, that’s the real name of the publication, and no, I&...
So apparently Vanguard just got hit with a $106 million fine from the SEC, and from the looks of it, this wasn’t some innocent F’up. In fact, it was more like a typical calculated Wall Street move that just so happened to blow up in their faces (and murder their “for the people” facade). (Source: Giphy) In short, the firm, which loves to tout its “investor-first” ethos like a broken record, decided back in 2020 to lower the minimum invest...
It’s Trump’s inaugural address. Melania’s rocking a hat straight out of Walter White’s playbook (in his Heisenburg era), Bezos’s underdressed wife is catching Zuck’s eye (proving he might not actually be a lizard), and Elon’s bouncing around like he’s single handedly keeping Red Bull’s quarterly earnings alive. But the line that really hit me? Trump’s loud and proud, “Drill, baby, drill.” With that, the oil sector got its ma...
John Deere is getting dragged through the legal mud by the FTC, and this one’s shaping up to be a friggin’ barn burner. For years, Deere has been the king of green fields and yellow wheels, but now the agency—and a couple of state attorneys general—are calling out the company for allegedly turning its repair services into a high-tech monopoly. The charge? Deere’s been locking farmers into its own network of authorized dealers, jacking up repair costs, and leaving in...
Well, the FTC is continuing its farewell tour. They just sued Pepsi for allegedly playing favorites with its best deals, leaving smaller retailers high and dry. The charges, you ask? Price discrimination under the Robinson-Patman Act… a law so old, it predates color TV and the invention of Velcro. Pepsi’s alleged crime is hooking up the big-box guys (hello, Walmart) with unfair pricing perks and promotional bonuses while telling mom-and-pop shops to pound sand. A...
Well it looks like the Jeff Bezos backed Perplexity AI is looking to marry up. The potential bride? TikTok of all companies. The startup is barely out of its toddler years, and now wants to merge with one of the most controversial and addictive apps on the planet, all while Washington D.C. breathes down TikTok’s neck with a legislative hammer. However, what’s interesting here is the math that isn’t mathin’ when it comes to valuations. See, Perplexity AI is on...
Airbnb and NYC are at it again, duking it out in what feels like the Tyson vs. Holyfield of housing fights. On one side, we’ve got Gotham City’s new short-term rental rules, which make hosting a weekend guest harder than sneaking a wine bottle past TSA. On the other? Airbnb, armed with $5 million in lobbying money, trying to convince the Big Apple to chill out and let people rent their closets for profit. Back in September 2023, NYC decided to “fix” it...
Well, the U.S. is officially backing up the Brinks truck for Moderna to the tune of $590 million in order to fast-track its latest science experiment: an mRNA-based bird flu vaccine. Simply put, the company that became a household name during COVID is back at it, this time trying to tackle H5N1, aka the avian flu, aka the virus that’s been wreaking havoc on poultry farms and occasionally making its way into humans. Because if there’s one thing we’ve learned, it’s that pan...
Welcome to Trump’s inauguration day, where Bitcoin’s flirting with $110K, memecoins are back like they’ve got 2021 FOMO, and Truth Social is making headlines again. While the platform’s stock has spent the past year yo-yoing between meme-fueled hysteria and “sell everything” panic, it’s currently enjoying a 14% bump in just five days. But forget the stock… let’s talk about Trump’s new Attorney General, Pam Bondi, who happens to own $3....
Nvidia has gotten off to a pretty rough start, unlike Trump and Melania's memecoins (which are creating billions in wealth out of thin air). After crushing it with a 171% surge in 2024, Nvidia’s stock is now barely making it past breakeven, crawling up just 2.6% ytd. For context, even the S&P 500 has managed a respectable 2% climb. This has led too many Nvidia investors to go onto reddit and ask the question? “Should I sell all my Nvidia shares and buy Palantir?” (Proba...
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