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'Magnificent 7' Stocks Fade As NVDA Becomes World's Largest Company... Ever
18.06.2024, 22:01 Uhr. ZeroHedge News - https: - 'Magnificent 7' Stocks Fade As NVDA Becomes World's Largest Company... Ever In an attempt to not bury the lead, NVDA continued its irrepressible charge higher (up $375 BN in the last week, up $1.44 TN in the last two months, and up $2.2 TN YTD)... Source: Bloomberg ... topping MSFT and AAPL as the world's largest market cap company... ever... Source:...
CBO Figures Out How To "Math", Raises 2024 US Budget Deficit By $400BN To $1.9 Trillion
18.06.2024, 21:01 Uhr. ZeroHedge News - https: - CBO Figures Out How To "Math", Raises 2024 US Budget Deficit By $400BN To $1.9 Trillion This should come as a shock to exactly nobody. Last week, the Treasury reported that in May, the US government collected $323.6 billion in tax receipts, it spent more than double that, or some $670 billion... ... resulting in a May budget deficit of $347 billion...
Record Demand For Stellar 20Y Auction
18.06.2024, 19:22 Uhr. ZeroHedge News - https: - Record Demand For Stellar 20Y Auction After stellar 10Y and 30Y auctions last week, moments ago the Treasury sold its sole coupon auction for the week when it placed $13BN in a 20Y paper (technically the 19-Y 11-M reopening of Cusip UB2). The auction was met with no less than record demand, with metrics off the charts in virtually every category. Starting...
'Not Babylon Bee': California Proposes Restraining Orders To Stop Thieves
18.06.2024, 19:20 Uhr. ZeroHedge News - https: - 'Not Babylon Bee': California Proposes Restraining Orders To Stop Thieves Authored by Mike Shedlock via MishTalk.com, More and more headlines look as if they are from the Babylon Bee. Let’s discuss the latest idiocrasy from la-la land. Governor Gavin Newsom courtesy of the Hoover Institute Background In California, police don’t arrest criminals...
Your Lyin' Eyes: Corporate Media Panics With 'Fact Checks' Over Biden's Obvious Decline
18.06.2024, 18:21 Uhr. ZeroHedge News - https: - Your Lyin' Eyes: Corporate Media Panics With 'Fact Checks' Over Biden's Obvious Decline After several videos plainly showing Joe Biden's obvious cognitive decline went viral over the last week, the left is now pulling the 'out of context' thing, suggesting that they're edited "cheap fakes" that are "done in bad faith," and both NBC News and AP running...
Europe Aims To Reduce Reliance On China For Critical Minerals
18.06.2024, 18:00 Uhr. ZeroHedge News - https: - Europe Aims To Reduce Reliance On China For Critical Minerals Authored by Felicity Bradstock via OilPrice.com, Europe is looking to boost its domestic production of rare earth metals to reduce reliance on China and enhance energy security. Norway has discovered Europe's largest deposit of rare earth metals, which could be crucial for the development...
Holding And Hoping
18.06.2024, 16:40 Uhr. ZeroHedge News - https: - Holding And Hoping By Bnejamin Picton, Senior Macro Strategist at Rabobank Holding and Hoping US stocks reset record highs overnight as the NASDAQ rose 1.25% and the S&P500 closed up 0.77%. Even European stocks shook off the turmoil of the last few days to close higher. The EuroStoxx 100 was up 0.85%, the DAX rose 0.37% and the CAC40 rebounded from...
Why Consumer Sentiment Fell To A Seven-Month Low
18.06.2024, 16:01 Uhr. ZeroHedge News - https: - Why Consumer Sentiment Fell To A Seven-Month Low Authored by Daniel Lacalle, The University of Michigan Consumer Sentiment Survey plummeted to its lowest level in seven months. The index reading for June came in at 65.6, down from 69.1 in May and under the consensus expectation of 72. In the current conditions and expectations categories, the survey...
Dramatic Footage Shows First Houthi Kamikaze Drone Boat Strike On Bulk Carrier
18.06.2024, 15:40 Uhr. ZeroHedge News - https: - Dramatic Footage Shows First Houthi Kamikaze Drone Boat Strike On Bulk Carrier Unconfirmed footage has emerged on X showing what appears to be the commodity-hauling bulk carrier "Tutor" under attack by a drone boat, allegedly controlled remotely by Iran-backed Houthi rebels. If verified, this incident is the first known drone boat attack on a commercial...
Biden Officials To Attend Bitcoin Roundtable In DC: Leaked Report
18.06.2024, 15:19 Uhr. ZeroHedge News - https: - Biden Officials To Attend Bitcoin Roundtable In DC: Leaked Report U.S. Congressman Ro Khanna, representing California's 17th congressional district, is set to host a Bitcoin and blockchain roundtable in Washington D.C. in early July, according to a private email sent by Khanna's Office, seen by Bitcoin Magazine. Bitcoin Magazine's Nik Hoffman reports...
Consumer Survey Shows Rising Bullishness
18.06.2024, 14:22 Uhr. ZeroHedge News - https: - Consumer Survey Shows Rising Bullishness Authored by Lance Roberts via RealInvestmentAdvice.com, The latest consumer survey data from the New York Federal Reserve had interesting data. “The New York Fed’s latest consumer survey found that expectations that stocks will be higher in the next 12 months rose from 39% to 41% since last month’s reading...
Futures Flat As Tech Stocks Rise For 7th Consecutive Day
18.06.2024, 14:10 Uhr. ZeroHedge News - https: - Futures Flat As Tech Stocks Rise For 7th Consecutive Day Futures are flat with gigatech naturally outperforming into today’s retail sales print where the expectations are for beats to resume after last month's sharp miss. As of 8:00am ET, S&P futures were completely flat, while Nasdaq futures were up for the 7th day in a row as it nudges toward the...
Second Time: EV Startup Fisker Files For Bankruptcy Due To "Macroeconomic Headwinds"
18.06.2024, 13:45 Uhr. ZeroHedge News - https: - Second Time: EV Startup Fisker Files For Bankruptcy Due To "Macroeconomic Headwinds" Electric vehicle startup Fisker filed for Chapter 11 bankruptcy in a Delaware federal court on Monday evening, intending to sell its assets. This decision comes after recently halting production of its "Ocean" SUVs. Joining the ranks of Arrival, Lordstown Motors...
German EV Sales Plummet 30.6% In May Compared To Year Earlier
18.06.2024, 12:30 Uhr. ZeroHedge News - https: - German EV Sales Plummet 30.6% In May Compared To Year Earlier Authored by P. Gosselin via NoTricksZone.com, The figures for the registration of new electric cars in Germany are looking increasingly awful. In May 2024, the Federal Motor Transport Authority (KBA) reported that it had registered only 29,708 vehicles with electric motors. That is 30.6%...
Apple 'Pay Later' Discontinued As New BNPL Scheme Shifts Consumer Debt Risk To Affirm
18.06.2024, 11:45 Uhr. ZeroHedge News - https: - Apple 'Pay Later' Discontinued As New BNPL Scheme Shifts Consumer Debt Risk To Affirm Apple has ended 'Apple Pay Later,' the buy now, pay later (BNPL) service launched in the US early last year. The change went into effect today, according to 9to5Mac. Users with outstanding BNPL debt can still manage payments in the app. This comes ahead of Apple's...
Giorgia Meloni And Europe's Future
18.06.2024, 09:30 Uhr. ZeroHedge News - https: - Giorgia Meloni And Europe's Future Authored by Conor Gallagher via NakedCapitalism.com, One burning question following the European parliamentary elections that concluded on June 9: how did Italian Prime Minister Giorgia Meloni’s ruling Fratelli d’Italia (Brothers of Italy – Fd’I) perform so well despite the following: A lousy economy. That’s...
Live Fire Incident: Casualties Reported After North Korean Soldiers Cross Military Demarcation Line
18.06.2024, 05:02 Uhr. ZeroHedge News - https: - Live Fire Incident: Casualties Reported After North Korean Soldiers Cross Military Demarcation Line Something big is happening on the heavily militarized Korean border, following several days of soaring tensions which has included North Korea flying hundreds of trash and feces-filled balloons into the south. There are several reports of dozens of North...
Hot On The Campaign Fail: Secret Service Agent Robbed, WH Spox Mocked After Biden Propped
18.06.2024, 04:40 Uhr. ZeroHedge News - https: - Hot On The Campaign Fail: Secret Service Agent Robbed, WH Spox Mocked After Biden Propped This weekend wasn't great for the Biden campaign - after a viral video showed the president 'freezing' on stage during a star-studded 'weekend at Biden's' event in LA, and a Secret Service agent getting robbed at gunpoint that same night. Oh, and then Biden had...
Retail Sales To Beat Estimates According To Latest Card Spending Data
18.06.2024, 04:00 Uhr. ZeroHedge News - https: - Retail Sales To Beat Estimates According To Latest Card Spending Data Last month was the first time in about a year, when the Bank of America retail sales forecast - one derived from real-time debit and credit card spending and which is usually spot on and unerringly correct - was wrong, predicting a small beat when in fact the final number was a big...
"Shouldn't Be Happening": Illegal Alien Gang Member Arrested In Death Of Maryland Mom Of Five
18.06.2024, 02:42 Uhr. ZeroHedge News - https: - "Shouldn't Be Happening": Illegal Alien Gang Member Arrested In Death Of Maryland Mom Of Five Marylanders were outraged to learn this weekend that an illegal alien suspected gang member, who entered the US under President Biden's open southern borders and with the support of woke leftist politicians in Annapolis who have transformed parts of the state...
Why Modi's India Is Suddenly Getting Washington's Cold-Shoulder
18.06.2024, 02:20 Uhr. ZeroHedge News - https: - Why Modi's India Is Suddenly Getting Washington's Cold-Shoulder Authored by Finian Cunningham, Indian Prime Minister Narendra Modi could be forgiven for thinking the United States has a schizoid view of his government and the world’s most populous country. Modi’s narrow re-election this month was greeted in the U.S. media with petulant satisfaction...
"Clearly Not Satisfied": McDonald's Winds Down IBM's Drive-Thru AI Chatbot Test
18.06.2024, 02:00 Uhr. ZeroHedge News - https: - "Clearly Not Satisfied": McDonald's Winds Down IBM's Drive-Thru AI Chatbot Test "McDonald's essentially told operators that drive-thru AI is in its future. But it is clearly not satisfied with the one it has been testing," Jonathan Maze, editor-in-chief of Restaurant Business, wrote on X at the end of last week. Maze penned a note in Restaurant...
The Corruption Of Merrick Garland
18.06.2024, 01:41 Uhr. ZeroHedge News - https: - The Corruption Of Merrick Garland Authored by Jonathan Turley, This week, Attorney General Merrick Garland took to the pages of the Washington Post to lash out at critics who are spreading what he considers “conspiracy theories crafted and spread for the purpose of undermining public trust in the judicial process itself.” His column, titled “Unfounded...
Putin To Arrive In North Korea Tuesday, First Visit In 24 Years
18.06.2024, 01:20 Uhr. ZeroHedge News - https: - Putin To Arrive In North Korea Tuesday, First Visit In 24 Years On Monday the Kremlin has revealed details of Russian President Vladimir Putin's trip to North Korea. Last week South Korea's Yonhap news agency predicted that Putin could show up in the North Korean capital "as early as next week" as part of an expected Asian tour that will include...
China's New Home Prices Plunge The Most Since October 2014
18.06.2024, 00:40 Uhr. ZeroHedge News - https: - China's New Home Prices Plunge The Most Since October 2014 So much for that Chinese housing "bailout", which we correctly warned would be woefully insufficient. A slew of data published early Monday local time, showed that among various other economic measures, China’s housing slump deepened in May and triggered new calls for the government to pump...
Former CDC Director Predicts Bird Flu Virus Will Cause Next Pandemic
18.06.2024, 00:20 Uhr. ZeroHedge News - https: - Former CDC Director Predicts Bird Flu Virus Will Cause Next Pandemic Authored by Tom Ozimek via The Epoch Times (emphasis ours), Dr. Robert Redfield, former director of the Centers for Disease Control and Prevention (CDC), has issued a grim prediction that the next major pandemic will be caused by the bird flu. Dr. Robert Redfield, director of the Centers...
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