Huge

Huge Interest In Pizza-Making Robot As COVID Accelerates "Social Distancing Kitchens"

COVID-19 will accelerate technological change that will bring the rise of robotics and artificial intelligence to many industries. In particular, the restaurant industry, and how one Seattle startup is automating pizza kitchens.  The Picnic Pizza System was rolled out at 2019’s CES technology conference in Las Vegas. The robotic pizza-maker fully automates the process of making…

Gamma Energy: As XLE Call Buying Explodes, Energy Sector Braces For Huge Melt Up

Remember the “gamma squeeze” in various tech names amid the unprecedented Robinhood/SoftBank call buying frenzy from the summer/late 2020? Well, while SoftBank’s market manipulation unit may have been “incapacitated” for the time being after suffering major losses, the record call buying has continued into 2021 as retail daytraders have put their $600 (and soon $2000)…

November Payrolls Huge Miss At Just 245K Jobs Added, Unemployment Rate 6.7%

As noted earlier in our preview, consensus expected a return to weakness in the labor market as surging Covid-19 case counts have led to to a return of lockdown measures, which explicitly means less hiring and sure enough moments ago the BLS reported that in November, a paltry 245K jobs were added, a huge miss…

A Tale Of Two Markets: Visualizing The Huge Impact Of The Covid Vaccine Across Assets

The story of the market since the March lows has been one of two parts, the first of massive FAAMG/tech/growth/momentum outperformance, and a second one in which value and cyclicals was burst higher; the only question is where does one put the bifurcation point. According to one strategist, Deutsche Bank’s FX strategist Alan Riskin, that…

There Has Been A Sudden, “Huge” Drop In COVID-Testing In The US

The positive covid vaccine results from Pfizer last Monday, and again from Moderna today, could not have come sooner (although if they had, the outcome of the presidential election would have been vastly different for Trump, whose claims that a vaccine would be discovered this year were met with mockery by NBC’s fact checkers). Media…

Huge Islamist Protests In Bangladesh & Indonesia Demand Governments Sever Ties With France

Monday witnessed demonstrations unprecedented in size by hardline Muslims in Bangladesh as tens of thousands flooded the center of Dhaka, the capital city. The country’s largest Islamist group, Hefazat-e-Islam, is pressuring the government to sever all diplomatic and economic ties with France over accusations that President Emmanuel Macron made ‘anti-Islamic’ statements after recent terror attacks wherein he condemned “Islamist…

“This Is Huge”: World’s Biggest IPO Trades 50% Higher In Gray Market After $3 Trillion In Retail Orders

Last week we reported that thanks to what may be the world’s most sophisticated check kiting scheme, Chinese and Hong Kong banks were giving local retail investors a mindblowing 33x margin leverage with which they could then turn around and purchase stock in what is now the world’s largest IPO – China’s fintech Ant Financial,…