BitMine Sits On $3.7B Loss As DAT ‘Hotel California’ Meets BlackRock’s Staked ETH ETF Authored by Zoltan Vardai via CoinTelegraph.com, Concerns are mounting over the sustainability of corporate crypto-treasury firms as BlackRock moves forward with a staked Ether fund that analysts say could compete directly with existing digital-asset treasuries. BitMine Immersion Technologies, the world’s largest corporate Ether holder, is […]

Jasmine Crockett Shares List Of Republicans Who Took Money From Epstein – Only Problem – It Was A Different Epstein! Authored by Debra Heine via American Greatness, Rep. Jasmine Crockett (D-Texas) has publicly beclowned herself for the second time in a week by falsely accusing several Republican politicians of taking money from “somebody named Jeffrey Epstein.” “Folks who also took money from somebody named Jeffrey […]

Native-Born Workers Rise By 2 Million Under Trump To A New Record High, As Foreign-Born Plunge By 1.6 Million One can debate how effective Trump has been in following up on his various campaign promises, but one place where he has been steadfast is reversing the Biden admin’s disastrous labor policies which favored foreign-born workers (mostly illegal aliens) over native-born workers. Today’s jobs report, which had something for […]

Zelensky ‘Agrees’ To Engage On US Plan To End War, Features Territorial Concessions At this point Axios, the Financial Times, the NY Times, and Ukrainian regional media have all said that the new peace plan being ‘secretly’ pushed by the Trump administration contains significant territorial concessions. Additionally, there are reportedly stipulations that would see Ukraine scale back its armed forces, stop receiving some Western […]

Watch: Sam Harris Blames Trump ‘Cult’ For Kirk Assassination Authored by Steve Watson via Modernity.news, Atheist philosopher Sam Harris, known for his anti-religion books like “The End of Faith” and his “Making Sense” podcast, has absurdly pinned Charlie Kirk’s assassination on President Trump and his “cult” of followers. During the rant on the Trigger Nometry podcast, Harris conveniently absolved radicalized […]

Stocks & Crypto Slammed As NVDA Erases Post-Earnings Gains Who could have seen that coming? Sure enough – as has been the pattern – NVDA’s overnight gains have been erased… That has dragged all the majors back to day-session lows, with Nasdaq now unchanged (from up 2.4% at the highs)… The plunge was exacerbated by all the majors breaking below key technical support… Bitcoin is puking… And it appears crypto […]

‘Massive Shift’ In US-Korea Relations After Trump Gets Seoul To Stop Targeting Tech Last month we noted that South Korea has been effectively running a racket to extract money from Big Tech through the Korea Fair Trade Commission (KFTC) – which, taking a note from the EU, has repeatedly targeted US firms with massive fines over various business practices. For years, the targeted industries have argued that Korean “network usage […]

Qatar Warns Gaza Ceasefire On Brink Of Collapse After 24 Hours Of Israeli Strikes Qatar and others are warning that the status of the over month-long Gaza ceasefire is precarious, and faces imminent collapse, after Israel mounted large-scale airstrikes on some areas of the Gaza Strip starting Wednesday. There have been several episodes of brief assaults over the past month, but the situation is escalating fast once again. Some […]

30,000 Missing Illegal Immigrant Children Located: Tom Homan Authored by Naveen Athrappully via The Epoch Times (emphasis ours), More than 30,000 missing illegal immigrant children have been located by the Trump administration, border czar Tom Homan said in a Fox News interview clip published on Nov. 18. Illegal immigrants await processing by U.S. Border Patrol agents outside of San Diego, Calif., on Dec. 5, 2023. John […]

Commerce Department Authorizes Export Of Advanced AI Chips To Companies In UAE, Saudi Arabia Authored by Jacob Burg via The Epoch Times, The U.S. Department of Commerce announced on Nov. 19 that it had authorized exporting tens of thousands of American advanced artificial intelligence (AI) semiconductor chips to two companies in the United Arab Emirates and Saudi Arabia. The microchips will go to G42, a state-run AI company in […]

Existing Home Sales Beat In October As Mortgage Rates Tumbled With mortgage rates tumbling, housing market participants have been disappointed by the lack of enthusiasm by homebuyers to apply for mortgages (though there was a decent bounce in refi activity)… Source: Bloomberg This morning’s existing home sales data (admittedly for October) will give us a further glimpse into the reality oh home-buying vs home-selling as the […]

Verizon Axes 13,000 Workers Just One Week Before Thanksgiving Verizon CEO Dan Schulman released a public letter to the company’s 100,000-person workforce on Thursday morning, revealing that more than 13,000 job cuts will begin today. The timing is optically displeasing, coming just one week before the Thanksgiving holiday. “Today, we will begin reducing our workforce by more than 13,000 employees across the organization, and […]

EU’s Ukraine Funding Scheme Will Trigger Lawsuits, Collapse Of Euro & Be On Grandchildren’s Shoulders: Orban Hungarian Prime Minister Viktor Orbán has issued a new warning that the European Commission (EC)-proposed new loan amount to Ukraine of 135 billion euros will end up being paid for by the grandchildren of EU country populations. “An astronomical sum that does not exist today. It simply does not exist,” he began by […]

Democratic Lawmakers Call On Military Members, Intelligence Community To “Refuse Illegal Orders” Authored by Jackson Richman & Joseph Lord via The Epoch Times, Six Democratic lawmakers have called on members of the military and the intelligence community to disobey “illegal orders” from the top command. A video was released on X on Nov. 18 featuring Sen. Elissa Slotkin (D-Mich.), Sen. Mark Kelly (D-Ariz.), Rep. Chrissy […]

Jobs Shocker: Sept Payrolls Print Above All Forecasts, But Unemployment Rate Hits 4 Year High In our preview of today’s jobs report, we showed that the range of estimates is (extremely) broad, from 105K on the upper end, to just -20K on the lower. We also said that if today’s jobs number is atrocious, the Fed would once again be viewed as being behind the curve. So perhaps working in conjunction with the newly returned BLS […]

Continuing Jobless Claims Highest In 4 Years But… Finally, the spice is flowing again… Initial jobless claims dropped back near 2025 lows (220k, below expected)… However, while initial claims remain solid, continuing jobless claims drifted higher to 1.974 million Americans – the highest level since October 2021… Likely thanks to the shutdown, we note that initial jobless claims for the ‘Deep Tristate’ fell […]

Futures Jump After Nvidia’s Blowout Earnings Calm Nerves; All Eyes On Delayed Payrolls The AI euphoria, which defined markets for much of 2025 but went AWOL a month ago, is back if only for the time being as Nvidia’s blowout earnings and strong forecast, coupled with cautious positioning before the results, is spurring a relief rally. The results won’t erase all the concerns about AI circularity, but Jensen Huang’s view of […]

Democrat Plaskett Digs Deeper Grave On Epstein Ties Authored by Steve Watson via Modernity.news, Democrat Stacey Plaskett has doubled down on her Epstein collusion in a cringe inducing CNN interview, shrugging off his known sex offender status and sparking outrage as the Epstein files bill clears the Senate for Trump’s signature, exposing the left’s sudden “transparency” push as a desperate backfire. Here’s the […]

Walmart Beats Earnings, Hikes Guidance As Consumer Trade-Down Accelerates Walmart shares are moving lower in premarket trading despite solid third-quarter results, suggesting that price-sensitive consumers are flocking to its stores nationwide. The shift toward value mirrors what off-brand retailer TJ Maxx reported on Wednesday. It caps a pivotal week for retailers (as described by Goldman’s Scott Feiler), with Home Depot and […]

How The Fed Deals Liquidity: The Monetary Toolbox Authored by Michael Lebowitz via RealInvestmentAdvice.com, In our last article, QE Is Coming, we focused on why the capital and financial markets have become so dependent on the Fed for liquidity.  The article explains that, in the aftermath of the crisis, a slew of regulations drastically changed the liquidity landscape. As a result, the Fed—not the private market—is now the […]

Carson Block: Shorting Big Tech Is Widowmaker Trade, Even With AI Bubble Fears Muddy Waters Capital CEO Carson Block joined Bloomberg TV overnight to discuss whether it’s time to short the hyperscalers and the broader artificial-intelligence trade. The answer he gave is somewhat surprising. Block, a notorious short-seller, warned against betting against the tech giants: “If you’re out there trying to short Nvidia or any of these […]

US And UK Revolt Forces Basel To Rethink Brutal Crypto Capital Rules For Banks Authored by Ezra Reguerra via CoinTelegraph.com, Global bank regulators are preparing to revisit their most stringent crypto rules after the United States and the United Kingdom refused to implement them, a move that threatens to unravel the long-standing consensus of the Basel Committee.  In an interview with the Financial Times, Erik Thedéen, […]

“GPUs Are Sold Out”: Nvidia Soars After Blowing Away Results, Projections In our preview of NVDA’s Q3 results, we said that “it’s not a question whether the company beats – they always do – but whether the “blowout” and the “smash” will be big enough to impress a market that has already priced in perfection, and beyond, for the GPU maker.” The market was impressed. Here is what NVDA just reported for Q3:  Adjusted EPS $1.30, […]

“Increasingly Becoming No-Go Areas” – Violent Crime Explodes At German Train Stations Via Remix News, Exploding violence in Germany has long been tied to mass immigration, as the statistics clearly show, and German train stations are becoming another perfect illustration of this worrying trend. The number of violent crimes at Berlin central station in 2024 has tripled compared to 2019, which was the last year before the […]

Russian Spy Ship Breached UK Waters, Aimed Lasers At Military Pilots, Britain Says The British government issued a warning to Moscow on Wednesday, putting the Kremlin on notice over a Russian naval vessel allegedly having entered British territorial waters and aiming lasers at UK pilots. Defense Secretary John Healey accused the Yantar, a special purpose intelligence collection ship, of its second intrusion into UK waters this […]