BREAKING: “Grand Theft Auto VI” could cost the US economy $1 billion in a single day.
The long-awaited game drops Nov. 19, and up to 1.5 million Americans could call in sick or take the day off to play it, according to estimates cited by the International Business Times.
BREAKING: Ukraine has carried out the world’s first medical evacuation of a human via a drone from the battlefield the 30th mechanised brigade of Ukraine managed to save their injured comrade from a minefield.
Just absolutely insane.
The U.S government now owns a piece of 35 companies
They paid cash, swapped grants, or took warrants
Here's the full list:
Chips & quantum
• Intel $INTC: $8.9B for a 9.9% stake
• GlobalFoundries $GFS: ~7% stake, worth over $2B
• Wolfspeed $WOLF: $1.5B loan, warrants for 7.5%
• IBM $IBM: $1B for minority stake in quantum foundry
• D-Wave $QBTS: $100M in stock at a 15% discount
• Rigetti $RGTI: $100M in stock at a 15% discount
• Quantinuum $QNT: $100M in stock
• Infleqtion $INFQ: $100M in stock at a 15% discount
• Aeluma $ALMU: up to $30M in stock
• PsiQuantum: $100M for a minority stake
• Atom Computing: $100M for a minority stake
• SandboxAQ: $500M for a non-voting stake
• I-Pulse: $250M for a minority stake
• Kepler Computing: $245M for a minority stake
• Multibeam: $140M for a minority stake
• xLight: $150M for a stake
• Extropic: up to $75M for a minority stake
• Thintronics: up to $50M for a minority stake
• Diraq: up to $38M for a minority stake
• OBSIDIA: $34M for a minority stake
Mining & metals
• MP Materials $MP: $400M for ~15% of the company
• Trilogy Metals $TMQ: 10% stake + warrants for 7.5%
• Lithium Americas $LAC: warrants 5% + 5% of its mine
• USA Rare Earth $USAR: $277M in stock and warrants
• Korea Zinc: $1.4B for 40% of a Tennessee smelter
• Elmet Group: $450M, warrants for up to 19.9%
• Vulcan Elements: $50M in equity plus a $620M loan
• ReElement: $80M loan plus warrants
• Atlantic Alumina: $400M in preferred stock
• Strategic Bauxite: $85.5M in equity
• Hertha Metals: $65M stake in a steel startup
Defense, energy, oil
• L3Harris $LHX: $1B for preferred stock
• Westinghouse: 20% of profits if it IPOs above $30B
• US Steel: one golden share with veto power
• North American Blue Energy: 35% of Venezuelan oil company
The bull market turned four years old today.
Since bottoming at 3,577 on Oct. 12, 2022, the S&P 500 has more than doubled, up about 118%.
It hit a new all-time high just last week.
This year alone, it’s up about 13.5%, adding roughly $9 trillion in market value.
But tech is doing almost all the work: strip out the biggest tech names, and U.S. stocks have slightly lagged Europe this year.
"McDonald's prices have doubled in the last ten years. The profits have gone mostly to shareholders, who got nearly $40 billion in dividends over the past decade," per MorePerfectUnion
Charlie Kirk is publicly executed over his views
Leftists: 👏😂🥳👏
Trump orders the public execution of a literal Jihadi terrorist that killed 12 US soldiers, one civilian, and injured 32
Leftists: 😡🥺😭😡
Spotify $SPOT has re-signed Joe Rogan to another multi-year deal
The deal reportedly has similar terms as their previous one with the deal being worth an estimated total of $250 Million - WSJ
$SBUX is reportedly exploring a takeover of $CMG in a deal that could create a combined company with ~$50B in annual sales.
Wild that Brian Niccol left Chipotle to run Starbucks and could now end up buying the company he used to lead.
21% of the US population is on govt welfare, food stamps and/or Medicaid.
If 21% of your country (52 million people) is on welfare assistance, you don't have a labor shortage. You just have lazy people.
WHICH ORGAN LOVES WHAT?
• Heart – Walking daily
• Brain – Getting enough sleep
• Bones – Sunlight exposure
• Lungs – Deep breathing
• Eyes – Screen-free breaks
• Nervous system – Learning new things
• Mental health – Being with loved ones
• Biological rhythm – Sleeping at the same time daily
• Kidneys – Drinking plenty of water
• Immunity – Eating garlic
The 10-year Treasury yield topped 5.33%, the highest since 2002. Our national debt in 2002 was just $6 trillion. Paying 5.33% on that entire amount would cost $319.8 billion annually. On today’s $40.1 trillion debt, it would cost $2.14 trillion annually—more than Social Security.
UNFORTUNATELY, the formula to a healthy life is...
1. 8 hours of sleep.
2. Drink a healthy amount of water.
3. Eat real food.
4. Lifting heavy.
5. Going outside.
6. Walk or move your body every day.
7. Reducing alcohol.
8. Taking care of your hygiene.
9. Minding your business.
10. Consume the right content.
11. Learning something new.
12. Showing up even on bad days.
13. Building healthy relationships.
14. Help where you can help.
15. Save and spend in a healthy manner.
16. Practice daily gratitude or mindfulness.
17. Cultivate a sense of purpose.
If you told me the Fed had just hiked, the 10-year would be above 5.1%, oil near $100 and another hike was already being priced in then I would’ve assumed the VIX was above 30.
Instead it’s sitting at 15 with almost no fear priced in.