Editors’ Picks – Page 38

19. 2. 2021 No Responses

Professor Dr. Roland Wiesendanger, University of Hamburg: Laboratory Accident Most Likely Cause Of Coronavirus Pandemic

“A research group at the Wuhan City Virological Institute has been genetically manipulating coronaviruses for many years with the goal of making them more contagious, dangerous and deadly to humans…” Unlike previous coronavirus-related epidemics such as SARS and MERS, to...

15. 2. 2021 No Responses

Bumble – dating web for passive dumb men, had a net loss of $84.1 million

Bumble – dating service website for passive and dumb men who prefer aggressive women, is worth over $7 billion, after very successful IPO. As numerous other losing businesses also Bumble hurried for IPO. In 2016, Bumble began to monetize its app...

10. 2. 2021 No Responses

The Everything Bubble Has Become More Everything And More Bubble

We are less than a month into the Biden administration, and despite a slight down-day for stocks on Tuesday, it is quite clear, according to a slew of commentators, that the Everything Bubble has become more Everything and more Bubble. The...

9. 2. 2021 No Responses

F-15EX Flies For First Time

The F-15EX took off and landed from St. Louis Lambert International Airport in Missouri on Tuesday, completing a 90-minute test flight before returning to the airport. Matt Giese, Boeing F-15EX’s chief test pilot, said the new fighter jet is packed...

8. 2. 2021 No Responses

NASDAQ Turns 50

Monday marks the 50th birthday of the Nasdaq stock exchange, the world’s first fully electronic stock market and the second-largest exchange in the world in terms of market capitalization. Since stepping onto the scene in 1971, exchanges around the wo...

7. 2. 2021 No Responses

Commodities Are Soaring 25%

As BMO’s Doug Porter shows, the year-over-year rise in a basket of commodity prices (and they mostly all show a similar pattern) is now a bit above 25%. This is a problem because in the past 20 years, that’s been consistent with headline inflation....

5. 2. 2021 No Responses

False Rumor: KIA Reportedly Prepping Apple Car In U.S.

KIA is apparently preparing to build an Apple car in the United States. The legacy automaker has reportedly “approached potential partners about a plan to assemble Apple Inc.’s long-awaited electric car in Georgia,” according to Dow Jones. T...

2. 2. 2021 No Responses

Robinhood shelves IPO plans after GameStop PR disaster

Planned Robinhood IPO is reportedly off the cards for now as Robinhood continues to deal with the fallout from the GameStop saga, and the resultant plunge in public confidence. Trading app Robinhood may have put its plans for an initial...

1. 2. 2021 No Responses

Global notebook shipments surge to 60 million units in 4Q20

Global notebook shipments, excluding detachable models, surged over 10% sequentially to hit a fresh high of 60 million units in fourth-quarter 2020, mainly driven by robust demand for remote work and study amid the worsening pandemic woes, year-end e-commerce ...

31. 1. 2021 No Responses

Melvin Capital Lost A Stunning $7 Billion In January

It started the year with about $12.5 billion and now runs more than $8 billion. The current figure includes $2.75 billion in emergency funds Citadel LLC, its partners and Mr. Cohen’s Point72 Asset Management injected into the hedge fund last...

29. 1. 2021 No Responses

Trans-Pacific Trade At Max-Capacity Ceiling

Container volumes in the Asia-U.S. trans-Pacific trade have hit their limit. Massive port congestion in the ports of Los Angeles and Long Beach is forcing ocean carriers to take extreme measures. Sailings are now being “blanked” (canceled) not because of.....

26. 1. 2021 No Responses

Rolls-Royce warns on £2bn cash outflow

Rolls-Royce has slashed its forecast of flying hours and expects to burn through £2bn in cash this year, as uncertainty about the new coronavirus variants and increased travel restrictions put the brakes on a recovery in air travel. The engine-maker...

Even Goldman Sachs warns of a dangerous bubble

25. 1. 2021 No Responses

Category: Editors’ Picks