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Adani Continues to Reel From Damning Short-Seller Report
Biden’s First 100 Days
Republic or Democrat, there is one thing all Americans can agree on: Joe Biden has his work cut out from him after he is sworn in as president today. Let’s dig into what the Biden administration is focused on. The…
China Bests Economic Rivals Despite Worst Year Since Mao
This should come as a surprise to no one: when the final tally is complete, the global economy will have shrunk by just over 4% last year. Yesterday China published its annual GDP figures revealing it is the exception to…
Jamie Dimon is Shaking in His Gucci’s
Fourth quarter earnings season kicked-off in earnest last week, and soon one of the most tumultuous years in financial markets history will be in the books. Some of America’s largest banks set the tone on Friday with results befitting for…
The Dog Days Aren’t Over
People have dealt with the pandemic in all different ways. Some took up exercise, others needlepoint. But no strategy has been more popular in the pandemic playbook than getting a puppy – an astonishing five million families brought home a…
FAA Greenlights First Fully Automated Drone Flights
Buried in the 5,600 page, $2.3 trillion coronavirus stimulus bill passed in December was a 180-day ultimatum for intelligence agencies to disclose all they know about UFOs. Yes, seriously. That list of supposed sightings about to grow exponentially. The Federal…
Delta Plans A Vacation From GAAP Prison
Yesterday Delta delivered its fourth quarter earnings report confirming what everyone already knew: it lost an enormous sum of money in 2020. $12.4 billion, or $34 million per day. Looking ahead, CEO and apparent optimist Ed Bastion sees profitability on…
ETFs Are Headed Into Space
Richard Branson owes somebody a few beers. On Thursday morning, stock prices for Branson’s space business, Virgin Galactic Holdings, shot up 18%. His own stake increased by an estimated $300 million. But the rise had little to do with Virgin…
Axios Launches Its First Software Product
According to the WSJ, newsletter startup Axios is set to launch its first software product next month. The platform, called AxiosHQ, will help businesses draft internal newsletters in the “just-the-facts” style that Axios is known for. Just The Facts, Ma’am…
The Year Of The Penny Stock
Last week was one of the busiest weeks ever for trading volume, with 14.8 billion shares changing hands on U.S. exchanges. It ranked behind only three weeks in March 2020 and two in the darkest days of the 2008 financial…
Beetle Juice Is Coming To A Store Near You
Warning: this story might make you slightly antsy. The European Union’s top food watchdog has declared the yellow mealworm safe for human consumption, clearing the way for its arrival at the dinner table. Protein Power Depending on where you live,…
