Crashes

WATCH: Laura Loomer Crashes Jack Dorsey’s Speech at Bitcoin Conference, Blasts Him For Election Meddling

Laura Loomer crashed an annual bitcoin conference on Friday and confronted Twitter CEO Jack Dorsey. Loomer is often referred to as the “most banned woman in the world.” After Dorsey took the stage, Loomer rushed to the front of the crowd to confront him over his election meddling. In 2018, Loomer was banned from Twitter…

Boeing Pays $2.5BN Criminal Penalty Tied To 737 MAX Crashes That Killed 350

Boeing shares are getting the gravitational treatment in after-hours trading as the Department of Justice announced that Boeing had agreed to cough up $2.5BN to settle charges that it deliberately defrauded and mislead the FAA during the certification process of the 737 MAX 8. The settlement, which comes barely a week after the MAX embarked…

$15 Trillion Cashnami Crashes Dollar In 2020, Sparks Gold's Best Year In A Decade

Global stocks added around $15 trillion in market cap in 2020 (pushing above $100 trillion for the first time ever)… Source: Bloomberg Which is an oddly coincidental number given that global liquidity has soared around $15 trillion in 2020… Source: Bloomberg That kind of ‘tsunami’ hasn’t historically ended well (in the movies)… While much of…

Ethereum Surges As Bitcoin Tops $28k and Crashes

Bitcoin  has been stealing the spotlight in recent weeks as it has soared to record-er and record-er heights, but overnight saw a ‘regime-shift’ as Bitcoin topped $28,500… Source: Bloomberg …before crashing over $2,000 lower, only to be bought back… Source: Bloomberg Bitcoin’s surge had pushed it above its stock-to-flow model estimate… Source Some still have…

Cyberjunk 2077: Gaming Studio Stock Crashes, Employees Revolt After Sony Pulls Game Over Botched Release

Shares in once-legendary Polish gaming studio CD Projekt Red plummeted further on Friday after Sony removed the long-awaited, and botched, Cyberpunk 2077 from the Playstation store. What’s more, the company is facing an internal revolt as employees are fuming over the studio’s decision to push the glitch-plagued game out long before it was ready. On…

Aviation Safety Experts Warn 5G Spectrum Expansion Will Significantly Increase Risk for Plane and Helicopter Crashes

By B.N. Frank American opposition to 5G deployment continues to increase for a variety of reasons in addition to health and environmental risks (see 1, 2, 3, 4, 5, 6, 7). Federal agencies and credible experts have warned that it threatens jobs, national security, public safety, and weather forecasting accuracy (see 1, 2). Apparently, aviation…

Blue Wave Crashes: Democrats’ Hopes For Senate Majority Fizzle; House Margin Eroded

What ‘Blue Wave’? While 9 states are still waiting on final vote counts in the presidential race, it’s already clear that Tuesday was not the blowout Democratic victory that Nate Silver and a legion of other idiot pundits had expected. Joni Ernst Despite the legion of celebrities and models urging their followers to ‘get out…

Crude Crashes In Early Asia Trading

WTI just tumbled to a $33 handle in early trading (after being above $40 just 3 days ago) as demand fears (European lockdowns) and supply concerns (Libya ramped up its production) combined to spark anxiety about the energy complex outlook. Dec WTI Futs are down over 5%… This is the lowest front-month oil price since…