@JG_Nuke There's a reason every major IT company is hiring Indians to the C-Suite... they're incredibly good at committing fraud and maintaining a straight face.
@graddhybpc Oil is funny bc you have the Doombergs saying the price of oil will always go down in real terms, scaring retail out of a decent trade. Then you have others with $300+ price targets that entice retail into the trade they then get shaken out of bc of headline vol and contango.
@marcuslemonis You could do me a favor and buy Pods Moving & Storage and upgrade their technology out of the stone age. Who knows how much they’d be worth if they became an efficient company with which you could speak to an American on the rare occasion you should have to.
TEXAS
Legend: "We say Hi to everyone!"
Reality: "I will run your ass over with my F-350 to take my wife to the nail salon"
Legend: "Don't mess with Texas!"
Reality: "Let's bring in a million H1B Indians to completely shit on our culture"
@TRHLofficial They posted a long video making fun of their followers for voicing concerns about the movie. That's not a company that made one mistake among a series of wins, that's a company that came into money and lost its way extremely fast.
@NYMag It's shit like this that's the reason no one drinks wine anymore. Funding some boomer prick's loathing of both his country and his prospective consumers so he can live off fraud and abuse while receiving a SS check is not a lifestyle we find endearing.
NEW: The allegations that JPMorgan Executive Lorna Hajdini turned her staffer into her “s*x slave” are fabricated, according to the New York Post.
The outlet reports that 35-year-old Chirayu Rana is the man who brought the lawsuit.
The man accused Hajdini of forcing him to have s*x with her.
“If you don’t f*** me soon, I’m going to ruin you. Never forget, I f***ing own you,” he accused her of saying.
Hajdini was accused of asking Rana if she could give him oral s*x in the office, saying: “Birthday BJ for the brown boy? My little brown boy.”
“I bet your little Asian, fish head wife doesn’t have these cannons,” he accused Hajdini of saying.
JPMorgan strongly denies the claims.
“Following an investigation, we don’t believe there’s any merit to these claims. While numerous employees cooperated with the investigation, the complainant refused to participate and has declined to provide facts that would be central to support his allegations,” they said.
The Post reports that Rana did not even report to Hajdini and that they were only colleagues on the leveraged finance team.
“He has tarnished her with a complete fabrication,” an ‘ally’ told the outlet.
@Mark4XX Luke's been on the path of saying anything to protect his original thesis ever since he got his panties in a twist that people got pissed when he said "hold some Bitcoin in your portfolio" and then dumped all his when the price tanked. Nothing he says now is objective.
@bumbadum14 And every contractor has a "contact us" form on their website that doesn't work. So I have to speak to some dumb slut slurping a super size Dunkin Donuts Nut Driz koffee, explaining what I need only for her to say "I'll have to have someone call you back"
Amazon just got caught running a secret price manipulation operation with Levi's, Home Depot, Walmart, and many more.
Every time you "comparison shopped" online, you were looking at prices that were already rigged.
Here's what happened:
Amazon would monitor prices on Walmart, Target, Best Buy, Home Depot, and Chewy in real time. The second a competitor listed a product cheaper than Amazon, they'd contact the brand directly and tell them to "fix it."
And the exact emails are now PUBLIC.
Amazon sent Levi's links to two Walmart listings with the subject line "styles of concern." They basically said the prices on Walmart are too low and we have a problem.
The next day, Levi's responded: "I talked to Walmart and they have partnered with us to take Easy Khaki Classic fit back up to ladder SPP price, $29.99 immediately."
Levi's literally called Walmart and told them to raise the price. Because Amazon told Levi's to make the call.
Walmart complied. Then Amazon matched the HIGHER price.
Both retailers ended up charging more. The customer paid extra. Nobody competed.
Same playbook with Hanes:
Amazon sent them links showing Target and Walmart prices were lower. Hanes confirmed they "reached out to Target and Walmart to have the prices increased."
Target increased the prices. Walmart increased the prices. Amazon kept their margins.
But it gets even worse...
Amazon told Allergan (the company that makes eye drops) that their product was "suppressed" on Amazon because it was cheaper on another site.
Allergan responded: "Walmart got their price back up to $16.99." Amazon then unsuppressed the listing.
They did this with pet treats on Chewy. Furniture on Home Depot. Products across dozens of categories spanning YEARS.
The mechanism is simple but terrifying:
If you're a brand and you sell cheaper on Walmart than on Amazon, Amazon suppresses your product, removes you from the Buy Box, buries you in search results, and effectively makes you invisible to 300 million customers.
Brands can't afford that. So they call Walmart and Target and say "raise your prices or we'll lose our Amazon listings."
Walmart and Target comply because they need the brand's products.
Amazon captures 40 cents of every dollar spent online in America. That gives them the leverage to set prices across THE ENTIRE internet. Not just their own platform.
So turns out, you were never comparison shopping.
You were looking at a coordinated price floor set by Amazon through backroom phone calls between brands and their competitors.
"Amazon is working to make your life more unaffordable."
3 separate antitrust trials are now scheduled for 2027. The FTC has its own case. 18 states plus the DOJ are piling on.
This is literally happening during the WORST affordability crisis in a generation. Groceries up 25% since 2020. Housing unaffordable. Wages flat.
And the largest ecommerce company on Earth has been secretly coordinating with brands to make sure you can't find a cheaper price ANYWHERE.
"Competition" in retail is just a fantasy.