US job growth smashed expectations in May (+172K vs +88K est), so now all eyes are on inflation. Wednesday’s CPI report is expected to show a 4.2% jump from last year—the highest in over three years. Core CPI (excluding food & energy) is seen rising 2.9% YoY and 0.3% MoM, down
A reporter said the cheapest ticket for the NBA Finals game is $8,000, and regular folks can't even afford to go. Trump just said you can watch it on TV for basically free. "That's life," he said.
$LULU dropped 10.5% after hours after cutting full-year revenue and earnings guidance, missing analyst estimates. I've been skeptical about LULU for a while — the constant CEO changes over the last 5 years, the rocky relationship with founder Chip Wilson and the board, and stif
Big news: MicroStrategy ($MSTR) is now sitting on an unrealized Bitcoin loss of -$12.7 billion, the largest ever. That’s a -$28 billion drop in just the past year. 🚨📉
According to the FT, most hyperscaler AI investments are actually losing money right now. Big tech firms pouring billions into AI aren't seeing the returns yet. Interesting read: link in bio or check their site.