@daniel_koss Besides Burry, do you think the July 27 announcement that Nebius is seeking shareholder approval to authorize the issuance of up to 20% new shares could still be driving today’s selloff, or was it already priced in?
JUST NOW: President Trump has expressed dissatisfaction with the oil companies!!
Following the U.S.-Iran peace deal and aggressive domestic energy production, U.S. crude oil exports have surged past those of Russia and Saudi Arabia, flooding the global oil market and driving crude prices sharply downward.
However, local gas stations have kept retail fuel prices artificially high to increase their profit margins. 🙅♂️
President Trump confirmed that two pilots of the Apache helicopter that crashed near the Strait of Hormuz are "fine."
Details of the incident:
• Helicopter went down around 3 a.m. local time.
• The US Navy rescued the crew in about two hours.
• Both crew members are in stable condition.