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Economy

“France’s protesting farmers encircle Paris with tractor barricades, vowing a ‘siege’ over grievances”

January 29, 2024

“JOSSIGNY, France (AP) — Protesting farmers encircled Paris with traffic-snarling barricades Monday, using hundreds of lumbering tractors and mounds of hay bales to block highways leading to France’s capital to pressure the government over the future of their industry, which has been… Continue Reading…

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Stocks

“Want 54% to 81% Returns Over the Next 12 Months? Wall Street Says to Buy These 3 Stocks.”

January 29, 2024

“Baidu (NASDAQ: BIDU) hasn’t taken part in the stock market’s resurgence since early 2023. Shares of the Chinese technology company are down close to 20% over the last 12 months. The tech stock has been held back in large part because of… Continue Reading…

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Business

Mainstream News Media Is Bleeding Cash

January 29, 2024

“Chaos, Fury Engulf Los Angeles Times in Historic Cuts to Newsroom” “…Barely 24 hours after billionaire owner Patrick Soon-Shiong imposed more than 115 job cuts, reducing about 20% of the newsroom, staffers arriving at the paper’s offices in El Segundo… Continue Reading…

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Business

“Mickey Mouse, Long a Symbol in Copyright Wars, to Enter Public Domain: ‘It’s Finally Happening’”

January 29, 2024

“…Mickey and Minnie will enter the public domain on Jan. 1. From then on, Disney will no longer enjoy an exclusive copyright over the earliest versions of the characters. Underground cartoonists, filmmakers, novelists, songwriters — whoever — will be free… Continue Reading…

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Business, Economy, Energy

Chinese EV’s A Path To Destruction

January 26, 2024

I had to share this link. EV’s are garbage. Do not buy them. [Edit] Click the link to watch the video

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Business, Stocks

“Cathie Wood’s Fund Suffers $473 Million Hit From 2 Ugly Stocks”

January 26, 2024

“…The result? Pain. ARK Innovation posted a negative 11.6% total return this year so far, says Morningstar Direct. That makes it the fourth worst-performing actively traded U.S. diversified ETF this year. Even behind rival funds from T. Rowe Price (TROW) and Fidelity.… Continue Reading…

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Business

“Opinion: Evidence EVs are a fading fad is ‘rolling in fast’ as Tesla, GM and Ford slash prices”

January 26, 2024

“…Despite Tesla TSLA, 1.49% Chief Executive Elon Musk’s entrepreneurial brilliance and billions of dollars in U.S. government subsidies to support EVs, it appears that consumers still prefer to drive to a gas station for a five-minute fill-up than to retrofit their garage and… Continue Reading…

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Business, Stocks

“Tesla Poised for 550% [Long Term] Gain, Says Fund Manager Unfazed by Wipeout”

January 26, 2024

“It’s a tough wager to make right now, after the electric-vehicle maker warned on Wednesday that it will expand at a “notably lower” pace this year, prompting a 12% plunge in the stock. It has now lost some $209 billion… Continue Reading…

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Business, Economy, Energy

“Electric cars will never dominate market, says Toyota”

January 25, 2024

“Electric cars will never account for more than a third of the market and consumers should not be forced to buy them, the boss of Toyota has said. Akio Toyoda, chairman of the world’s biggest carmaker by sales, said that electric… Continue Reading…

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Stocks

“Zoom Is Down 88% From Its All-Time High, Is Cathie Wood Still Right About This Once Unstoppable Stock?”

January 25, 2024

“… Ark holds positions in Zoom through its exchange-traded funds (ETFs), and analysts there believe the stock could soar about 2,100% by 2026. Although Zoom has some interesting applications, I question Ark’s long-term price target. With the stock down 88% from… Continue Reading…

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