Meta Axes 8,000 Workers As Zuckerberg Admits AI Is Watching, Replacing Labor
"Translation: We're watching you, we told you as little as possible, and we did it on purpose."
Futures Rise Ahead Of Critical Nvidia Earnings As Oil, Bond Yields Drop
“Stagflation risk has gone up significantly. When we’re talking about increased inflation and falling growth, in that environment, most asset classes will struggle, including bonds.”
Foreigners Are Buying Far Fewer US Stocks
...net foreigner buys of US stock have dwindled to near zero on a three-month basis, their lowest since the tariff tantrum last year.
Samsung Union Authorizes Massive Strike At Memory-Chip Plants After Mediation Talks Collapse
"A BoK report to the president estimated a potential impact of up to KRW30 trillion in lost production."
Massie Out: Gallrein Wins Kentucky Republican Primary
Former Navy SEAL Ed Gallrein has won the Republican primary in Kentucky’s 4th Congressional District over Rep. Thomas Massie..
A "Rubbish, Knee-Jerk Reaction": UK Treasury Pushes Food Price Caps As Inflation Re-Accelerates
"There are certainly plenty of people in this govt whose understanding of economics is so poor that they might consider it a good idea."
UK COVID Inquiry's Endorsement Of Censorship Sets Chilling Precedent
...a shameful whitewash that will only further corrode trust in public health...
Korean Bubble Mania: Retail Investors Max Out On Margin Debt, Choose To "Risk Complete Collapse" Than Miss Stock Rally
An employee in her 20s wrote that rather than missing out on the rally, she would “risk complete collapse,” adding that she had used 150 percent margin financing to fully leverage into stocks.
NQ +0.8% into NVIDIA earnings and as Brent moves below $110/bbl; FOMC minutes ahead - Newsquawk US Market Open
Global Rush For "Non-Red" Suicide Drones Begins As Taiwan Sees Booming Orders
"... plans to expand the factory three to five times."
Starmer Hit With Legal Threat After Barring Conservative Speakers From Entering UK For National Rally
The group of conservative commentators and politicians has demanded that the British prime minister retract remarks accusing them of being "far-right agitators"...
South African Farming Crisis May Trigger Food Shortages Across The Continent
A combination of oil shortages caused by the war in Iran and discrimination against white farmers is leading to mass African starvation...
UK Schools Push Radical Race Doctrine On Kids, Claiming Black People 'Cannot Be Racist'
Ideological grooming...
Dip-Buyers Rescue Stocks (ish) From Bond Bloodbath Ahead Of NVDA Earnings; Oil Up, Gold Down
...0-DTE traders putting lipstick on pigs as bond bulls bail...
NATO Scrambles Jet, Shoots Down Ukrainian Drone Over Estonia, In War First
"We apologize to Estonia and all our Baltic friends for such unintended incidents..."
Nearly Half Of French Voters May Support National Rally, And Immigration Is A Major Concern
RN "has managed to unite very different electorates around a common foundation," says the director of one foundation...
Europe primed for a lower open amid lack of progress in US/Iran; hefty speaker slate + NVIDIA earnings due - Newsquawk EU Market Open
House Lawmaker Introduces Legislation To Expose CCP Exploitation Of Sister City Agreements
‘America’s local communities should never be left vulnerable to foreign influence operations masquerading as cultural exchange,’ Rep. Chip Roy said.
Demographic Winter Pushes South Korea To Field War Robots As Troop Pool Shrinks
South Korea's military is taking a direct page from Ukraine's battlefield playbook ...