November 21, 2024 No Comments Markets
Indian billionaire Gautam Adani has been indicted in New York for ‘massive fraud’ and a ‘multi-billion dollar’ bribery scheme, according to multiple reports Wednesday afternoon. According to NBC, Gautam Adani and others are accused of paying over $250 million in bribes to Indian officials to secure solar energy contracts expected to yield $2 billion in […]
November 20, 2024 No Comments Markets
Huge Israeli airstrikes rocked the outskirts of the central Syrian city of Palmyra on Wednesday, with regional reports saying the attacks were launched by Israeli jets utilizing US-controlled airspace over Al-Tanf military base in eastern Syria. “Israeli warplanes launched a number of missiles from the airspace of the [US] base in the Al-Tanf area on the Syrian–Iraqi–Jordanian […]
November 20, 2024 No Comments Markets
Authored by Jeremy Portnoy via RealClearInvestigations, Topline: A recent inspector general audit of the Nuclear Regulatory Commission’s travel expenses found a slew of waste and potential fraud, including nearly $50,000 in unallowed first-class flights between 2020 and 2023. Key facts: Federal law requires most government employees to fly economy class, with exceptions made for medical […]
November 20, 2024 No Comments Markets
Earlier today we wrote an extensive preview of what to expect from Nvidia’s Q3 earnings (here), but for those who missed it here is the summary: sky high expectations, which only go higher in 2025 and beyond when the full rollout of Blackwell is expected to hit the P&L, with everyone already long (Goldman desk […]
November 20, 2024 No Comments Markets
Authored by Kimberley Hayek via The Epoch Times, Alameda County District Attorney Pamela Price conceded her recall election on Monday, nearly a week after Bay Area voters expressed their frustration with crime and homelessness by voting out multiple progressive leaders. According to unofficial results as of Nov. 20, 63.1 percent of voters in the general […]
November 20, 2024 No Comments Markets
Geopolitically, more missiles were reported to have been sent into Russia overnight and that dragged stocks down early… and the micro and the macro kept stocks down for most of the day. Late on, buyers appeared as FOMO spread ahead of NVDA’s earnings. That lifted The Dow into the green for the day… On the […]
November 20, 2024 No Comments Markets
The United States has again used its veto, blocking the fourth UN Security Council resolution on Gaza since the war began. The comprehensive resolution called for an “immediate, unconditional and permanent ceasefire.” UN News writes: United States vetoes Security Council draft resolution that would have demanded an immediate, unconditional and permanent ceasefire in Gaza, and […]
November 20, 2024 No Comments Markets
Authored by Jill McLaughlin via The Epoch Times (emphasis ours), California Supreme Court ruled on Nov. 15 to toss out the state’s lawsuit against Huntington Beach’s voter ID law, but they expect the state attorney general to continue fighting it. People wait to vote at the Joslyn Park center in Santa Monica, Calif. on Nov. […]
November 20, 2024 No Comments Markets
Authored by Jonathan Turley, Manhattan District Attorney Alvin Bragg pushed Tuesday to create a new constitutional creature: the layaway president. It was once common for stores to hold expensive items that you really wanted but could not make the payment. So they were tagged and kept on the shelf until you were ready to redeem your item. […]
November 20, 2024 No Comments Markets
Authored by Emel Akan via The Epoch Times (emphasis ours), WASHINGTON—The Biden administration is urging Congress to allocate $100 billion in disaster relief to assist communities across the Southeast affected by the recent hurricanes Helene and Milton. President Joe Biden addresses the nation after presidential election results, congratulating President-elect Donald Trump at the Rose Garden […]