Shares of Boston Scientific (NYSE: BSX) came under pressure after an analyst reduced his price target on the medical-device maker, citing a weaker-than-expected outlook for 2026 despite a solid fourth-quarter performance. Analyst Mike Matson of Needham & Company maintained a Buy rating on the stock but lowered his price target to $97 from $121, pointing to decelerating growth trends and guidance that fell modestly below Wall Street expectations. Boston Scientific reported fourth-quarter r...
SpaceX may be busy figuring out how to beam solar power into orbiting data centers… but it suddenly has a much bigger question to answer here on Earth. Two U.S. senators are urging the Pentagon to review whether SpaceX has taken on Chinese-linked investment and whether that ownership could pose national security concerns. In a letter obtained by Reuters, Senators Elizabeth Warren and Andy Kim asked the Department of Defense to conduct an immediate review of SpaceX’s ownership...
“Who could have possibly seen this coming?” - absolutely no one Google just backed up the brinks truck to Skynet as Sundar mentioned plans to light $185B on fire spend $185 billion on capex in 2026. During earnings, Google said capex is heading north of $175–185B in 2026, which is more than double what it spent last year. Now is this surprising? No. Especially after the monster quarter Gemini’s (Bard who?) daddy just had. (Source: Reddit) For context, A...
“I am never going to financially recover from this…” -morons who convinced themselves that BTFD in January was a genius move The covid sensation workout bike became a short-seller's dream today (-20%) after Peloton’s earnings all but revealed they can’t even get soccer moms excited about getting fit during New Years resolution season. You know. The one quarter where demand is basically supposed to be on autopilot. Instead, Peloton managed to fumble the ba...
Hey Siri, how do you say “Art of the Deal” in Hindi? Donnie Deels hopped on Truth Social yesterday and announced he and India’s PM Narendra Modi just “got it on” (in a good way). We have tariffs down, big numbers being thrown around, energy is suddenly rerouted… and everybody is smiling in different time zones. Bigly. In short, according to #47, reciprocal U.S. tariffs on India are dropping from 25% to 18%, effective immediately. India,...
“You can’t do this to me… do you know how much I’ve sacrificed?” -Bitcoiners after Scott Bessent made it clear the world’s #1 financial cult is not getting the 2008 “too big to fail” treatment. And yes, before you yell at your screen: “AMD just got absolutely vaporized and you’re talking about crypto?” Hang tight. We’re walking into that fire shortly. Bitcoin slid another 2% on this blessed hump day (now hovering...
Funding Favors secured… Tesla’s board walked into court asking for mercy and received a happy ending instead. In a ruling that can only be described as spiritually violent, Delaware’s top court just took a machete to a nine-figure legal fee tied to Tesla’s board pay mess. The shareholder lawyers wanted $176 million. The court said $71 million. Please enjoy your economy seat. (Source: Giphy) For context: this all stems from a derivative lawsuit ch...
As if Bitcoin wasn’t already having a rough go, the biggest short-seller of all time just chimed in. In a Substack post on Monday, Michael Burry warned that Bitcoin’s slide could turn into a self-feeding “death spiral,” especially for companies that spent the last year stuffing their balance sheets with it. Bitcoin is now down about 40% from its October high. And for Burry, that’s kind of the point. When things got tense, gold and silver moved higher. Bitcoin...
Chevron Corp. (NYSE: CVX) said Thursday it has approved a new increase to its quarterly dividend, lifting the payout by roughly 4% as the energy major continues to prioritize shareholder returns despite softer free cash flow trends. The company’s board raised the quarterly dividend to $1.78 per share, up from $1.71, bringing Chevron’s annual dividend to $7.12 per share. The new dividend will be payable on March 10 to shareholders of record as of February 17. The increase marks Che...
While Elon schemes up another way to bait and switch Tesla bros into thinking the robotaxi is finally here (read: claims no humans in cars anymore but moves that supervisor to another car following the robotaxi)... Waymo’s actually live in too many cities to count on both hands… and now they’re pushing to really put the pressure on Donald Trump’s ex BFF. (Source: Financial Times) According to people familiar with the deal (translation: folks who’ve actua...
“Who do you think you are? I AM!” - Eli Lilly to Novo, probably… We all remember how Novo-Nordisk face-planted so hard the stock needed ice and a ride home right? Well, fast-forward one trading day and Eli Lilly completely emptied the clip on Novo and its poor soul investors. (Source: Giphy) In short, Lilly dropped earnings, smashed estimates, and then slid 2026 guidance across the table that made analysts blink twice. For instance, Wall Street c...
Wait a second, so you’re telling me all those “part time remote job opportunities” I get texts about where I can make $20k a week aren’t real? As if it wasn’t bad enough watching the stock market play limbo and Bitcoin turning into a falling knife. January just delivered labor market data straight out of the flip-phone, pre-collapse Bear Stearns era. According to Challenger, Gray & Christmas, U.S. companies announced 108,435 layoffs last month…...
“You can’t do this to me… do you know how much I’ve sacrificed?” -Bitcoiners after Scott Bessent made it clear the world’s #1 financial cult is not getting the 2008 “too big to fail” treatment. And yes, before you yell at your screen: “AMD just got absolutely vaporized and you’re talking about crypto?” Hang tight. We’re walking into that fire shortly. Bitcoin slid another 2% on this blessed hump day (now hovering...
As if Bitcoin wasn’t already having a rough go, the biggest short-seller of all time just chimed in. In a Substack post on Monday, Michael Burry warned that Bitcoin’s slide could turn into a self-feeding “death spiral,” especially for companies that spent the last year stuffing their balance sheets with it. Bitcoin is now down about 40% from its October high. And for Burry, that’s kind of the point. When things got tense, gold and silver moved higher. Bitcoin...
Not all heroes wear capes… Well, it appears that America finally bullied a Fortune 50 company into blinking… and now, snackflation is getting walked back. Pepsi says it’s cutting retail prices up to 15% on Lay’s, Doritos, and Cheetos across the U.S., starting basically now. Why? Because all God's people said… In short, this decision didn’t come from a glorified think tank. It came from consumers absolutely spamming Pepsi with co...
Texas Instruments (NASDAQ: TXN) is reportedly in advanced discussions to acquire Silicon Laboratories (NASDAQ: SLAB) in a transaction that could value the semiconductor designer at roughly $7 billion, according to a person familiar with the matter. While no agreement has been finalized, the source said an announcement could come as soon as the coming days, though negotiations remain subject to change and could still fall apart. News of the potential transaction sent Silicon Laboratories share...
You might think your job is stressful, but there’s no chance it’s tougher than being the PR person for my 16-year-old self’s former employer right now. The Old Country Store that tried to reinvent itself and accidentally lit $94 million in market value on fire is back with a new corporate brainwave: employees on business trips should eat at Cracker Barrel… mostly Cracker Barrel… and preferably nothing but Cracker Barrel. According to an internal memo sco...
Intel to Novo be like… It’s no secret that tech was the main card that got TKO’d yesterday. But what no one expected was the special guest that stole the show. And when I say stole the show, I mean absolutely blasted. In short, Novo said “hold my beer” as shares were nuked -15% in a single session after dropping guidance that can only be described as honest to the point of violence. Novo is now telling the market sales and profit are going backwards...
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