• Overconfidence In NFL Drafts: A Lesson For Investors

    ZeroHedge - Apr 24th 2024 10:45am EDT

    Overconfidence 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 EDT

    WTI 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 EDT

    Germany 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 EDT

    Kering 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 EDT

    Boeing 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 EDT

    Jack 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 EDT

    Durable 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 […]

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  • How Nvidia Uses Gold

    ZeroHedge - Apr 24th 2024 6:30am EDT

    How 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 EDT

    Meet 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 EDT

    AI 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 EDT

    Flying 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 EDT

    Wind 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 EDT

    Germany 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 EDT

    A $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 EDT

    Senates 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 EDT

    Chinese 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 EDT

    Biden 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 […]

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  • Are The Mass Pro-Palestine Protests On College Campuses Just One Big Virtue Signal?

    ZeroHedge - Apr 23rd 2024 10:25pm EDT

    Are 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 EDT

    These 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 […]

  • What The Rising Gold Price Signals (Spoiler Alert: Nothing Good)

    ZeroHedge - Apr 23rd 2024 8:25pm EDT

    What The Rising Gold Price Signals (Spoiler Alert: Nothing Good) Authored by Antonius Aquinas, The recent run-up in the gold price has not garnered the attention among the mainstream financial media outlets as it should.  Gold has, in part, been overshadowed by the rise in the price of bitcoin and other cryptocurrencies.  Naturally, the financial […]

  • Hezbollah Launches Deepest Attack Into Israel Since War’s Start, On Passover

    ZeroHedge - Apr 23rd 2024 6:45pm EDT

    Hezbollah Launches Deepest Attack Into Israel Since War’s Start, On Passover Hezbollah on Tuesday conducted its deepest strikes into Israeli territory since the start of the war, launching drones at Israeli military bases on the outskirts of the Israeli city of Acre. Israel’s military said none of its facilities were hit, and videos circulating online appear […]

  • COVID-19 Vaccine Emails: Here’s What The CDC Hid Behind Redactions

    ZeroHedge - Apr 23rd 2024 6:25pm EDT

    COVID-19 Vaccine Emails: Here’s What The CDC Hid Behind Redactions Authored by Zachary Stieber via The Epoch Times (emphasis ours), The U.S. Centers for Disease Control and Prevention (CDC) hid how a woman who suffered chest pain and other symptoms following COVID-19 vaccination received a shot because of a mandate at work, newly obtained documents […]

  • Backstage, Private Dinner At ZeroHedge Debate With Schiff, Roubini, Scaramucci

    ZeroHedge - Apr 23rd 2024 6:09pm EDT

    Backstage, Private Dinner At ZeroHedge Debate With Schiff, Roubini, Scaramucci On May 3, ZeroHedge is partnering with Crypto Banter to bring together top macroeconomic minds to debate Cryptocurrency: is it the financial engine of the future or a worthless bubble? In the anti-crypto corner is the man whose name is synonymous with “gold”, infamous crypto […]