“But a Whimper”: Retail Euphoria in SpaceX Fizzles After Stock Loses $600 Billion in One Day
(Zero Hedge)—It started off with a bang: SpaceX IPOed on June 12 with an opening price of $150 on their first ...
Tag: Zero Hedge
JD CEO Warns 700,000 Delivery Workers Will Be Replaced by Robots “Sooner or Later”
(Zero Hedge)—The founder of China's largest e-commerce and logistics companies fired off a warning shot to hundreds of thousands of ...
8 Frightening Forecasts for the Future of Fraud
(Zero Hedge)—Fraud is entering a new era. Businesses across North America expect fraud trends like biometric fraud, deepfake scams, and synthetic ...
US Private Credit Default Rate Remains at Record High: Fitch
(Zero Hedge)—As we have detailed extensively, most recently here: "Blackrock's Private Credit Fund Gates Investors Again After Redemption Requests Surge ...
“The Situation Has Become Unsustainable”: Apple to Hike Prices to Offset Soaring Memory Costs
(Zero Hedge)—Up until now, Americans primarily hated the flood of data centers popping up around the country like mushrooms (at ...
Sequoia Partner Shaun Maguire: SpaceX’s New Millionaires Will Fund Pro-America Projects
(Zero Hedge)—SpaceX's planned IPO next Friday will be a major wealth-creation event for current and former employees, including engineers, technicians, ...
Alarming Supply-Chain Stress Sends Transport Cost Soaring, Fueling Inflation Fears
(Zero Hedge)—Nearly three weeks ago, UBS analyst Pierre Lafourcade reactivated his desk's supply-chain watch coverage after stress across global supply ...
Gold Dethrones the King: ECB Confirms Barbarous Relic Has Overtaken Treasuries as Top Global Reserve Asset
(Zero Hedge)—In what can only be described as the latest humiliating blow to the crumbling Pax Americana, gold has officially ...
Anthropic Raises $65BN at $965 Billion Valuation, Surpassing OpenAI
(Zero Hedge)—Amid an unprecedented valuation battle between ChatGPT and Anthropic raging in the private markets ahead of their respective IPOs ...
Behind Turkey’s Gold Sales: The Biggest Ever Plunge in Foreign Reserves
(Zero Hedge)—Shortly after the Iran war started, with gold unexpectedly tumbling, we showed that the reason behind gold's paradoxical move - ...