News From ZeroHedge, Page 3
Yields Will Trigger “Serious Earthquakes” Across The Economy, Former Floor Trader Says
ZeroHedge - Apr 24th 2024 12:05pm EDTYields Will Trigger “Serious Earthquakes” Across The Economy, Former Floor Trader Says Submitted by QTR’s Fringe Finance Jack Boroudjian is a legendary former floor trader and now Chairman of SmartXData. Aside from over 30 years of industry experience, Jack is a published author “Secrets of the Trading”, Wiley 2007 and has countless articles published in […]
Tennessee Republicans Pass Law Allowing Teachers To Be Armed – Democrats Cry “Fascism”
ZeroHedge - Apr 24th 2024 11:45am EDTTennessee Republicans Pass Law Allowing Teachers To Be Armed – Democrats Cry “Fascism” Tennessee House Republicans on Tuesday passed legislation to allow some trained teachers and school staff to carry firearms despite aggressive opposition from Democrats and gun control advocates calling for the bill to be defeated. The bill is all but guaranteed to become […]
Hong Kong Bitcoin And Ether ETFs Officially Approved To Start Trading On April 30
ZeroHedge - Apr 24th 2024 11:25am EDTHong Kong Bitcoin And Ether ETFs Officially Approved To Start Trading On April 30 Authored by Zoltan Vardai via CoinTelegraph.com, The first wave of spot Bitcoin and Ether exchange-traded funds (ETFs) have been officially approved to start trading in Hong Kong on April 30. Hong Kong’s financial regulator, the Securities and Futures Commission (SFC), announced […]
Chinese Have “Grabbed Gold By The Throat” As Capital Flight Accelerates
ZeroHedge - Apr 24th 2024 11:05am EDTChinese Have “Grabbed Gold By The Throat” As Capital Flight Accelerates “Chinese speculators have really grabbed gold by the throat…” That is how John Reade, chief market strategist at the World Gold Council, describes the scramble in the communist nation among investors looking to move money anywhere but in the yuan or Chinese assets. As […]
Overconfidence In NFL Drafts: A Lesson For Investors
ZeroHedge - Apr 24th 2024 10:45am EDTOverconfidence In NFL Drafts: A Lesson For Investors Authored by Michael Lebowitz via RealInvestmentAdvice.com, Most NFL general managers (GMs) are optimistic and displaying overconfidence today as they prepare for tomorrow’s NFL draft. The draft is a once-a-year opportunity for GMs to acquire talent. Like investors, GMs often think they are smarter than their competitors, aka […]
WTI Jumps After Bigger-Than-Expected Crude Inventory Build, Gasoline Demand (Reportedly) Slumps
ZeroHedge - Apr 24th 2024 10:38am EDTWTI Jumps After Bigger-Than-Expected Crude Inventory Build, Gasoline Demand (Reportedly) Slumps Oil prices are drifting lower this morning, despite API reporting a surprise crude inventory draw last night, as hopes that geopolitical tensions are easing (hope is not a strategy) combined with a reduced expectation of economy-juicing rate-cuts are weighing on crude prices. Supporting the […]
Germany Arrests Unprecedented Six Spies In Less Than A Week
ZeroHedge - Apr 24th 2024 10:20am EDTGermany Arrests Unprecedented Six Spies In Less Than A Week German security services say they’ve arrested an unprecedented six suspected spies in only the past week, and four of these are believed to have been working for the government of China, while the other two are suspected Russian agents. As we reported earlier, the latest case […]
Kering Tumbles On Profit Warning As Gucci Revamp Stumbles
ZeroHedge - Apr 24th 2024 9:40am EDTKering Tumbles On Profit Warning As Gucci Revamp Stumbles Gucci owner Kering SA’s problems in mainland China are only mounting as the French luxury giant issued a profit warning. As a result, shares of the company in Paris plunged to a six-year low. Lackluster Chinese demand for the luxury goods maker, which includes the Gucci, Balenciaga, Bottega […]
Boeing Jumps After Beating Apocalyptic Estimates Despite Biggest Cash Burn In 4 Years
ZeroHedge - Apr 24th 2024 9:24am EDTBoeing Jumps After Beating Apocalyptic Estimates Despite Biggest Cash Burn In 4 Years Having been hammered like a nail for much of 2024 as a result of incident after incident involving its flying paperweights (most recently this morning), Boeing stock enjoyed a modest rebound this morning when the airplane maker reported revenues, EPS and cash […]
Jack Dorsey’s Block Announces Development Of ‘Full Bitcoin Mining System’
ZeroHedge - Apr 24th 2024 8:50am EDTJack Dorsey’s Block Announces Development Of ‘Full Bitcoin Mining System’ Authored by Turner Wright via CoinTelegraph.com, Payments firm Block, formerly known as Square, has announced plans to develop a Bitcoin mining system in response to challenges faced by mining operators. In an April 23 blog post, Block said it had completed development of a three-nanometer chip used […]
Durable Goods Orders Suffers Biggest YoY Decline Since COVID Lockdowns
ZeroHedge - Apr 24th 2024 8:40am EDTDurable Goods Orders Suffers Biggest YoY Decline Since COVID Lockdowns The roller-coaster ride that is ‘Durable Goods New Orders’ continues this morning after the last six months of so have seen monthly swings higher and lower with no trend discernible whatsoever (especially noteworthy given yesterday’s slump into contraction for the Manufacturing PMI) amid the on-again-off-again […]
“They Think There Are Too Many Of Us On The Planet” – Alex Newman Warns Of Tyrannical UN Plans For Our Future
ZeroHedge - Apr 24th 2024 7:20am EDT“They Think There Are Too Many Of Us On The Planet” – Alex Newman Warns Of Tyrannical UN Plans For Our Future Via Greg Hunter’s USAWatchdog.com, Award-winning journalist Alex Newman, author of the popular book “Deep State” and the new best-selling book called “Indoctrinating Our Children to Death,” says the UN’s quest for total tyrannical control of your life is […]
1How Nvidia Uses Gold
ZeroHedge - Apr 24th 2024 6:30am EDTHow Nvidia Uses Gold Via SchiffGold.com, What is Nvidia? If you’re a committed gamer the question may sound like nonsense. Nvidia, which was founded in 1993, is a tech company that makes GPUs and other products. It originally specialized in making products for the video game industry, that assisted in 3D rendering. If you were a committed gamer, you probably owned their products. If you weren’t, you […]
Meet The New ETFs That Are Offering ‘100% Downside Protection’
ZeroHedge - Apr 24th 2024 5:45am EDTMeet The New ETFs That Are Offering ‘100% Downside Protection’ If 100% downside protection is the norm for banks that are too big to fail on Wall Street, why shouldn’t it be for everyday investors? This is the question that a number of ETF innovators are apparently asking, as a wave of new ETFs offering […]
AI Chatbots Refuse To Produce ‘Controversial’ Output – Why That’s A Free Speech Problem
ZeroHedge - Apr 24th 2024 5:00am EDTAI Chatbots Refuse To Produce ‘Controversial’ Output – Why That’s A Free Speech Problem Authored by Jordi Calvet-Bademunt and Jacob Mchangama via TheConversation.com, Google recently made headlines globally because its chatbot Gemini generated images of people of color instead of white people in historical settings that featured white people. Adobe Firefly’s image creation tool saw similar issues. […]
Flying Cars Are Becoming Reality In China
ZeroHedge - Apr 24th 2024 4:15am EDTFlying Cars Are Becoming Reality In China Multiple Chinese companies are focused on commercializing flying cars, utilizing a design that is different from the popular eVTOL aircraft that have been developed over the last several years, according to a new report from Nikkei this week. XPeng AeroHT, an affiliate of the electric vehicle startup, plans […]
Wind Overtakes Fossil Fuels As The UK’s Largest Power Generation Source
ZeroHedge - Apr 24th 2024 3:30am EDTWind Overtakes Fossil Fuels As The UK’s Largest Power Generation Source Authored by Charles Kennedy via OilPrice.com, The UK saw two consecutive quarters of wind power overtaking fossil fuels as the single-largest source of electricity generation for the first time, per data from think tank Ember quoted by Reuters columnist Gavin Maguire. In the first quarter […]
Germany Arrests EU Parliament Aide On China Espionage Charges
ZeroHedge - Apr 24th 2024 2:45am EDTGermany Arrests EU Parliament Aide On China Espionage Charges A staffer who worked for a high profile German member of European Parliament for years has been arrested on charges of spying for Chinese intelligence, Germany’s federal prosecutor’s office announced on Tuesday. Identified only as Jian G., he had reportedly been a staff member for German MEP Maximilian Krah going […]
“Let’s Debunk The Myth That Mass-Migration Brings An Economic Benefit”, Says Former UK Immigration Minister
ZeroHedge - Apr 24th 2024 2:00am EDT“Let’s Debunk The Myth That Mass-Migration Brings An Economic Benefit”, Says Former UK Immigration Minister Authored by Thomas Brooke via ReMix News, The notion that mass immigration brings a net economic benefit to a developed nation is a myth that needs to be debunked, a former U.K. government minister who resigned over the spiraling numbers […]
A $250 Million War Game And Its Shocking Outcome
ZeroHedge - Apr 24th 2024 12:05am EDTA $250 Million War Game And Its Shocking Outcome Authored by Nick Giambruno via InternationalMan.com, At a cost of $250 million, Millennium Challenge 2002 was the largest and most expensive war game in Pentagon history. With over 13,500 participants, the US government took over two years to design it. The exercise pitted Iran against the […]
Senates Passes $95 Billion Aid Bill For Ukraine, Israel And Taiwan, Forces Sale Of TikTok
ZeroHedge - Apr 23rd 2024 11:45pm EDTSenates Passes $95 Billion Aid Bill For Ukraine, Israel And Taiwan, Forces Sale Of TikTok The republicans do what they always do best: fold like cheap lawn chairs. Moments ago, in a 79-18 vote, the Democrat-controlled Senate passed a long-delayed $95.3 billion foreign-aid package sending $60.8 billion in ammunition and military equipment to Ukrainian soldiers, […]
Chinese FX Outflows Soar, Priming The Next Bitcoin Surge
ZeroHedge - Apr 23rd 2024 11:25pm EDTChinese FX Outflows Soar, Priming The Next Bitcoin Surge Last October, when we pointed out that China’s FX outflows had just hit a whopping $75BN – the single biggest monthly outflow since the 2015 currency devaluation – we concluded that the “unfavorable interest rate spread between China and the US will “likely imply persistent depreciation […]
Biden Admin To Pay $139 Million To Victims For FBI Failures In Sex Abuse Investigation
ZeroHedge - Apr 23rd 2024 11:05pm EDTBiden Admin To Pay $139 Million To Victims For FBI Failures In Sex Abuse Investigation By Tom Ozimek of The Epoch Times The Biden administration has agreed to pay over $138 million to victims of convicted sex abuser Larry Nassar while acknowledging the FBI’s failures to properly investigate warnings that the sports physician was exploiting […]
Are The Mass Pro-Palestine Protests On College Campuses Just One Big Virtue Signal?
ZeroHedge - Apr 23rd 2024 10:25pm EDTAre The Mass Pro-Palestine Protests On College Campuses Just One Big Virtue Signal? Submitted by Brandon Smith via Alt-Market.us, As a general rule, rebels without a cause will eventually latch onto the nearest cause of opportunity. It really doesn’t matter what it is, for activists with ample time on their hands and plenty of trust […]
These Are The Worst States To Be A Gun Owner In 2024
ZeroHedge - Apr 23rd 2024 10:05pm EDTThese Are The Worst States To Be A Gun Owner In 2024 Does your state support your 2nd Amendment rights or make it exceedingly difficult to keep and bear arms? Ammo.com has ranked the worst states to be a gun owner below… How? By analyzing each state’s current laws, upcoming laws, concealed carry guidelines, self-defense […]