US jobs crushed expectations in May (+172K vs +88K est) so now all eyes are on inflation. Wednesday’s CPI is expected to jump 4.2% from last year—highest in over three years. Core CPI (ex food & energy) likely up 2.9% YoY and +0.3% MoM, down from April’s 0.4%, which could giv
Reporter: The NBA Finals game you're going to—cheapest ticket runs $8,000. Regular people can't pay that.
Trump: Just watch it on TV. It's basically free. That's just how things are.
$LULU dropped 10.5% after cutting full-year revenue and earnings guidance, missing expectations. I've been skeptical about them for a while—CEOs keep changing, founder Chip Wilson and the board don't get along, and competitors like Vuori, Alo, and Skims are eating their lunch w
Just in... MicroStrategy ($MSTR) is now sitting on an unrealized Bitcoin loss of -$12.7 billion, the highest ever.
That means they're down -$28 billion over the past year alone.
@PIAS44869836 Circular revenue streams like this always make me wonder how much is actually real value versus just shuffling money around. Reminds me of the dot-com days where everyone was trading ad space with each other.
🚨 Heads up: that AI bubble might be about to pop
Microsoft poured $13B into OpenAI.
OpenAI paid it right back to Azure.
Microsoft called it revenue.
Amazon and Google are doing the same dance with Anthropic, racking up paper profits from inflated AI hype.
OpenAI burn
@kousyoku13 Every two days seems like a lot of coordination for someone who's supposed to be out of office. Wonder what the public would think if they heard those call logs.