Amazon Earnings Preview: All Eyes On CapEx At first, the market was happy to reward big capex forecasts (META); but just a few days later, it changed its mind and decided that the bigger the beat, the bigger the penalty (as was the case with GOOGL today). That leaves Amazon in a precarious place as it prepares to report earnings after the close today: does it project some berserk number or does it risk being conservative? After all, […]

You Don’t Own Your Stocks the Way You Think You Do Authored by Jack McPherrin via The Epoch Times (emphasis ours), Most Americans believe that when they “buy” a stock, bond, or exchange-traded fund in a brokerage account, they become the legal owner of that security. The statement shows their name, and the shares appear as belonging to them. Traders work on the floor of the New York Stock Exchange on Jan. 2, 2026. Spencer […]

Newsom Won’t Cut Ties To Homeless Fraudster Firm Authored by Susan Crabtree via RealClearPolitics.com, Borrowing from novelist James Hilton, who coined the word “Shangri-La” to describe a Tibetan utopia in a 1933 novel, Franklin Roosevelt gave that name to the peaceful retreat we know as Camp David. For California Gov. Gavin Newsom and Los Angeles Democrats, Shangri-La hasn’t become synonymous with a place that connotes […]

Nvidia Could Delay New GPU Due To Deepening Memory Crunch News flow around the memory crunch is accelerating by the week, and the casualty list is growing. Just this morning, Qualcomm and Arm Holdings warned that shortages of high-bandwidth memory (HBM) could crimp smartphone production this year. Apple signaled earlier this week that it will prioritize higher-end iPhone models, while Nintendo shares slid as soaring HBM costs […]

New York Mayor Mamdani Pays Hospital Visit To Man Who Tried To Kill A Cop Authored by Tim O’Brien via PJMedia.com, While snow and ice continue to wreak havoc in New York, while the homeless continue to live in deadly cold conditions on the street without the city’s safety net of warm shelter when the weather gets below freezing, and as the mayor himself warns residents of a dire fiscal crisis ahead, Zohran Mamdani found time […]

US Pushes Price Floors At Global Minerals Summit To Cut China Dependence The US convened officials from 55 countries on Wednesday for a critical minerals summit focused on stabilizing supply chains and reducing reliance on China, according to Bloomberg. The Trump administration promoted price floors and expanded private investment to secure reliable access for American manufacturers. The European Union, Japan, and Mexico agreed to […]

Beijing’s Big Short: Meet The Chinese “Anti Hunt Brother” Billionaire Betting Against Silver Bulls Born in 1963 in Zhuji, Zhejiang Province, right in the middle of some pretty chaotic times in China’s history, reclusive billionaire Bian Ximing grew up to become a commodity titan after making some huge bets in the metals markets over the past few years. In 2003, he bought Zhongcai Futures Co., which would become the centerpiece […]

$49 Wegovy Copycat Pill Sparks Selloff In Novo Shares Just when Goldman’s long-time Novo Nordisk bull James Quigley likely thought the downside was exhausted, the stock plunged yet again on Thursday after tumbling earlier this week following a dismal sales outlook. Shares dropped below the six-month base in the stock around the 300 kroner level after telehealth firm Hims & Hers Health rolled out a cheaper copycat version of […]

Maryland Gov. Moore Caught In Yet Another Background Lie? Authored by Luis Cornelio via Headline USA, Not only did Maryland Gov. Wes Moore lie about a Bronze Star, his Baltimore origins, a fictional football Hall of Fame introduction and his academic credentials, but a new report also suggests he fabricated a story about his great-grandfather fleeing the KKK.  The report, published Wednesday by the Washington Free Beacon, […]

‘Total Fake News BS’: White House Says Trump Talking About National Guard Deployments In ‘Softer Touch” Immigration Policy Update (1310ET): The White House is saying it’s ‘total fake news’ to suggest that Trump is pulling back on mass deportations, despite answering a question about mass deportations.  “Total Fake News BS. President Trump is talking about National Guard deployments for crime reduction — like the highly […]

DHS Secretary Noem Identifies Another Leaker, Refers To DOJ For Prosecution Authored by ‘sundance’ via The Last Refuge, The good news is the process to identify the subversive agents inside the various offices of the administration continues to yield results.  The bad news is there’s a lot of them to identify and remove. Dept of Homeland Security Secretary Kristi Noem shares another leaker has been identified and removed.  […]

Democrats Just Gave Away The Real Reason They’re Fighting Immigration Enforcement Authored by Matt Margolis via PJ Media, Democrats have spent years insisting illegal immigrants do not vote, yet Senate Minority Leader Chuck Schumer and House Minority Leader Hakeem Jeffries just gave the whole game away. In a letter to GOP leadership, they demanded a slate of “reforms” to immigration enforcement as the price for funding the […]

Vance To Lead Sweeping Anti-Fraud Task Force Investigating California Vice President JD Vance is poised to chair a new White House task force aimed at rooting out potential fraud and abuse in government programs in California, according to CBS News. Andrew Ferguson, chairman of the Federal Trade Commission, is expected to serve as the task force’s vice chairman and handle day-to-day operations, CBS News reports. President Donald […]

Job Openings Crater Most Since 2023 To Lowest In 5 Years As Payrolls Set For Negative Print We warned earlier today that the US labor market was rolling over sharply again when we observed the surge in initial jobless claims and the near record January for job cuts (biggest since 2009). Moments ago the BLS confirmed that the US job market is indeed falling off a cliff, when the latest JOLTS report (job openings and labor turnover) […]

Trump Says Federal Law Enforcement Will Help Search For Savannah Guthrie’s Mother Authored by Naveen Athrappully via The Epoch Times, President Donald Trump said he spoke to Savannah Guthrie on Wednesday, reassuring her of federal help in the disappearance case of her mother Nancy Guthrie who is suspected to be kidnapped. In a Truth Social post that evening, Trump said, “I spoke with Savannah Guthrie, and let her know that I am […]

Immigration: Sovereignty vs. Liberty Few issues contribute to the culture war today more sharply than immigration. Minnesota has proved that… Are certain cultures compatible with the US? Does the government need to “protect jobs” of American workers? Or can business owners hire whomever they wish? Can free people travel wherever they want to? Tonight at 7pm ET, ZeroHedge hosts a debate between two think tanks: the […]

A Quarrel In A Faraway Land… By Michael Every of Rabobank The immediate focus in markets today is on tech slumping again, rotating from JGBs, then gold, silver and other metals. Yet despite the scale of market moves — around a trillion dollars of paper losses, as ‘Bill Gates stated: “The majority of AI companies will fail”– few writing about it understand the sector. It is, to quote Chamberlain, “A quarrel in a faraway […]

Nancy Mace Demands Subpoena For Bill Gates As Epstein Noose Tightens Around Globalist Elite Authored by Steve Watson via Modernity.news, Congresswoman Nancy Mace is turning up the heat on Bill Gates, pushing for a subpoena that could force the tech tycoon to spill the beans on his shady ties to Jeffrey Epstein—exposing how deep the rot runs in the elite circles that have long evaded justice. With the DOJ dropping three million […]

Iran’s IRGC Seizes Two ‘Fuel-Smuggling’ Vessels In Gulf Amid US Showdown Iran’s Islamic Revolutionary Guard Corps (IRGC) Navy says it has seized two vessels near Farsi Island allegedly carrying large quantities of smuggled fuel, the country’s Students’ News Agency (ISNA) reported Thursday – at a moment the nation’s military has its “finger on the trigger” amid threats from the Trump White House and Israel. More than one million […]

Gold’s Going To $10,000: Martin Armstrong Warns “Europe Is Desperate For War” Via Greg Hunter’s USAWatchdog.com, Legendary financial and geopolitical cycle analyst Martin Armstrong warned in late December to be ready for the “Perfect Storm for Debt, Economy, War, Gold & Silver.”  The rain and thunder started at the beginning of February, and the storm is just beginning.  Armstrong says, “This is where the […]

Initial Jobless Claims Jump As YTD Job Cuts Hit Highest Since 2009, AI Blamed Initial jobless claims rose more than expected last week to 231k (212k exp) from 209k prior. While a significant rise, it remains – for now – within the low range of the last four years… Source: Bloomberg Continuing claims also rose modestly, but less than expected. 1.844mm Americans are currently filing for jobless benefits (below the 1.85 million […]

EUR Flat As ECB Leaves Rates Unch; Cable Drops On BoE’s ‘Dovish Hold’ In a surprise to traders, The Bank of England came within a vote of cutting interest rates and predicted inflation will fall below its target, a closer-than-expected decision that revived hopes of a move next month. As Bloomberg reports, Governor Bailey was once again the swing voter in a 5-4 decision to leave rates unchanged at 3.75%, choosing to hold policy […]

Futures, Bitcoin, Gold All Tumble As Momentum Liquidations Accelerate Stock futures slide, hitting session lows just after 7am ET, after a two-day drop that saw an ETF tracking software stocks sink to its lowest since April. As of 8:00am ET, S&P 500 futures have slumped to session lows, down 0.7% following a sharp slide just after 7am ET; Nasdaq 100 futures are also sharply lower, dropping 0.8% after the index wiped out its […]

“Challenging External Environment”: Volvo Crashes Most On Record After Earnings Miss Shares in Volvo Cars crashed the most on record in Stockholm, with Bloomberg data going back to late 2021, after it reported fourth-quarter earnings that missed analyst expectations. A toxic blend of higher US tariffs, cuts to EV subsidies, a stronger Swedish krona versus a weaker dollar, and an intensifying price war in China all squeezed […]

Memory Shortage Fears Spread, Raising Alarm At Qualcomm And Arm Consumers are about to learn that one of the most frustrating side effects of the AI boom will be the “great memory crunch.” Surging data center demand is siphoning high-bandwidth memory (HBM) supply away from consumer devices, setting the stage for slower growth across the electronics industry this year. We have been vocal about this HBM crunch, even citing industry […]