JUST IN: ALL-IN PODCAST CO-HOST JASON CALACANIS JUST GOT CHALLENGED TO $3,000,000 IN COMBINED BETS AFTER SAYING "#BITCOIN WILL NEVER BREAK ITS ALL-TIME HIGH AGAIN"
$1M FROM FRED KRUEGER
$1M FROM GRANT CARDONE
$1M FROM TERENCE MICHAEL
CALACANIS REFUSED THE BETS
CONVICTION VANISHED THE SECOND MONEY HIT THE TABLE 💀
🇨🇳🇫🇷 TEMU TO THE RESCUE:
Using the French riots to promote the strength of your plate-glass is absolutely BRILLIANT!!
This is genius marketing by the Chinese, and I imagine sales will start picking up real soon!
Writer: Jamie
Hey @Jason… want an easy $3 million?
I agree to the same terms as Grant just offered you (below).
Add @dotkrueger’s original bet to the mix and you have $3M
Saying “Bitcoin is dead” is free.
Let’s see if you have conviction.
Bitcoin will never break its all-time high again." — Jason Calacanis
Jason, I'll bet you $1,000,000 it will break its ATH. Here are the terms:
Bitcoin hits or exceeds $126,210.50 on or before October 28, 2028, 12PM PST
I’m happy to trust you to pay or if you prefer we can each escrow the dollars with independent party.
The bet is either settled when Bitcoin hits the ATH or on October 28, 2028.
@jason Do we have a bet?
Guys, @Jason is literally a professional engagement farmer.
That's his full time job of the past thirty years, since his Silicon Alley Reporter days.
Just enjoy the absurdity and have fun dunking on him if you like
There's zero signal involved, and he's completely aware of it.
Premarket movers:
Alphabet leading gains among Mag 7 stocks as OpenAI intends to buy artificial intelligence computing chips from Google, according to a person familiar with the matter (Nvidia +0.8%, Meta Platforms +0.2%, Tesla +0.2%, Amazon +0.2%, Apple -0.4%, Microsoft -0.3%)
Axogen (AXGN) climbs 13% after the provider of medical and surgical instruments boosted its revenue forecast for the full year.
Boston Scientific (BSX) falls 6% after the medical-device maker gave an adjusted earnings per share guidance for the full year that fell short of the average analyst estimate.
Enphase Energy (ENPH) tumbles 18% after fourth-quarter guidance from the solar energy equipment manufacturer missed the average analyst estimate.
Etsy (ETSY) rises 7% after the online retail company reported third-quarter results that beat expectations on key metrics.
F5 Inc. (FFIV) drops 7% after the software company’s first-quarter forecast for adjusted earnings came in below expectations.
GE Healthcare (GEHC) rises 8% after the maker of X-ray equipment boosted its adjusted earnings per share guidance for the full year and posted results for the third quarter that beat the average analyst estimate.
GE Vernova (GEV) is up 2% after boosting its revenue forecast for the full year. The company also agreed to pay $9 billion to acquire Trench Group in a deal that will expand its capacity to supply high-voltage power grid equipment to help meet the surging demand for electricity.
Icon (ICLR) jumps 7% after the contract research organization lifted revenue guidance for the year, with midpoint beating the consensus estimate.
Intapp (INTA) is down 15% after the software company reported its first-quarter results and gave an outlook for second-quarter revenue that was weaker than expected.
LCI Industries (LCII) gains 8% after the RV supplier confirms an unsolicited bid from Monomoy Capital Partners at $101 per share in cash.
Lennox International (LII) falls 5% after the heating and cooling systems company cut its adjusted earnings per share forecast for the full year.
NXP Semiconductors (NXPI) falls 7% after the chipmaker’s outlook was seen as underwhelming.
O-I Glass (OI) slides 11% after the manufacturer of packaging products reduced its full-year adjusted Ebitda guidance. The company also reported a bigger-than-expected loss in the third quarter.
PPG Industries (PPG) gains 5% after the paint and coating manufacturing company raised the low end of its adjusted earnings per share forecast for the year.
Robinhood (HOOD) drops 7% after the brokerage’s third-quarter revenue and earnings per share missed consensus estimates.
Stellantis (STLA) rises 5% as JPMorgan notes a “modest” third-quarter net revenue beat.
Ultra Clean (UCTT) gains 16% after the semiconductor equipment company’s third-quarter results were much stronger than expected, even in the face of supply constraints.
Vertiv (VRT) surges 16% after third-quarter adjusted earnings per share and a fourth-quarter ourlook topped analyst estimates.
Trump’s plan to lower beef prices with more imports is FAILING. Only ~1/5 of the beef has arrived, and ground beef still costs 7% MORE than a year ago.
TRUMP ON TRADE = ONE FLOP AFTER ANOTHER.
“Honey we can’t buy eggs, we have to set aside $7 to bomb the kids in Gaza. Remember?”
Abdul El-Sayed is absolutely crushing it.
This is the most brilliant ad of all time 👏🏼
The difference between those who have everything and those with nothing in this world is heartbreaking 💔
Source: ferdychildrenfoundation1 on IG / Writer: Ian
The federal deficit has just climbed back above 6% of GDP.
That’s MORE THAN DOUBLE US Treasury Sec. Scott Bessent’s 3% deficit target.
BESSENT IS BLOWING SMOKE AND HAS NO CREDIBILITY.
We spent weeks combing through declassified government documents to piece together the true story of our relationship with Iran. It begins with a CIA coup. Watch ‘Operation Ajax,’ a TCN Original Documentary.
Compared to Biden's last two years, Trump's first two years have so far produced slower GDP growth and higher inflation. That's why Democrats will win the midterms in a landslide. But with a Democratic Congress, future GDP growth will be even slower and inflation even higher.
It is a basic principle of American democracy that the government can’t selectively target individuals simply because of their political beliefs or what they say. But that’s exactly what the Trump Administration is doing to Congresswoman Ilhan Omar of Minnesota.
To understand why this is so appalling, it’s important to know the facts. Congresswoman Omar came to this country with her father when she was 12 years old. Five years later, her father became a naturalized citizen. If Ilhan had been 18 at the time, she would have had to apply for citizenship separately. But because she was 17, she became a naturalized citizen automatically.
Congresswoman Omar went on to graduate from college, work as a community organizer, become the first Somali-American legislator elected to public office in the U.S., and win a seat in Congress. There, she has been one of the Trump Administration’s fiercest critics, which has led the president to repeatedly single her out as someone who he believes does not belong in this country.
Now the Administration is actively trying to deport Congresswoman Omar, seemingly based solely on the unsubstantiated theory that she was actually 18 when her father was naturalized, and therefore is not a citizen. Federal agents have raided her home, confiscated personal records, and seized her phone — all to try and uncover a nonexistent smoking gun from 20 years ago that will somehow make their case.
Think about that. The full weight of the federal government is being brought down on a law-abiding elected official because she has dared to criticize the president. And it’s not the first time this has happened. Under President Trump, the Justice Department has repeatedly gone after those he considers his political enemies — from the Attorney General of New York, to the former head of the FBI, to members of the Federal Reserve.
In those cases, the prosecutions either stalled or were dismissed for having no basis in law, and the same is likely to happen in this case. But not before Congresswoman Omar’s life has been turned upside down, her legal bills have piled up, and she’s been forced to spend time fighting unsubstantiated charges instead of serving the people of Minnesota.
The fact that any president, or any administration, is willing to engage in such transparent efforts to intimidate someone should outrage all Americans, regardless of how they feel about Congresswoman Omar’s political views. Because if this becomes the new normal, there’s no reason to believe it will stop with her — or that future presidents, in either party, won’t do the same.