Nvidia Smashes Estimates With Record Revenue And Blowout Guidance; Stock Jumps Heading into NVDA’s earnings, we said that all else equal, the bare minimum for the stock – which has underperformed peers rather dramatically in recent months – to outperform, was to (solidly) beat expectations of another 2+2 quarter, i.e., beat the guide by $2BN and beat Street expectations for the April quarter guide by $2BN.  What they got was a […]

“Regime Must Be Relegated To Dustbin Of History”: Florida Congressman Erupts After Cuba Attacks U.S. Speedboat Update (1605ET): Florida Republican Rep. Carlos Gimenez blasted the Cuban regime shortly after news hit the wires that Cuban border guards aboard a vessel had fired on and killed four people and injured six on a U.S.-linked speedboat off Cuba’s north coast. The Cuban Embassy in the U.S. did not specify the exact timing of […]

Supertanker Rates Hit Six-Year High: Here’s What Driving It Global very large crude carrier (VLCC) rates have jumped to six-year highs due to two recent catalysts: first, a growing war-risk premium tied to the possibility of a US-Iran conflict, and second, ongoing consolidation in fleet ownership that is tightening vessel availability. Let’s begin by noting that war-risk insurance premiums are rapidly being priced into VLCC […]

Outrage In Sacramento: California Parole Board Grants Release Of Serial Child Rapist Authored by Debra Heine via American Greatness, The California Parole Board’s decision to release a serial child molester who used candy and toys to lure children as young as three years old has sparked outrage from victims, prosecutors, and law enforcement officials. David Allen Funston, 64, was convicted in 1999 of sixteen counts of […]

SpaceX Official Reveals New Details About Next-Gen Cell Service SpaceX satellite policy lead Udrivolf Pica told participants in the International Telecommunication Union Space Connect webcast about the next-generation Starlink direct-to-device cellular service for smartphones. The revelation of the new service follows SpaceX’s October 2025 U.S. trademark filing for “STARLINK MOBILE” and comes as Elon Musk has recently hinted at […]

Hezbollah Will Stay Out Of US-Iran Fight, But Only If Strikes ‘Limited’ As the Trump White House weighs its options against Tehran, Hezbollah is signaling it may not be eager to open another front – at least not immediately, issuing a rare message which seeks to calm the mood in the region. A senior Hezbollah official told AFP that the Iran-backed group would stay out of the fight if the United States conducts only “limited” […]

Goldman’s Top DEI Exec Out Days After Bank Scraps Woke Board Policy Days after the firm announced that they were scrapping DEI requirements for new board members, and six years after the death of George Floyd that ushered in institutionalized virtue-signaling, the bank’s head of DEI is leaving.  Megan Hogan, who’s been at the firm 12 years, is taking her shtick to Morgan Stanley according to Business Insider, which Hogan […]

CME Halts All Metals, NatGas Markets Due To “Technical Issues” At around 1300ET, the Chicago Mercantile Exchange (CME) halted trading of all metals and NatGas contracts (futures and options) due to ‘technical issues’. Additionally, all day orders and GTDs with today’s date will be cancelled. All GTCs that have been acknowledged will remain working. Since the halt, spot prices for gold have declined… NatGas futures […]

“I Did Nothing Illicit”: Bill Gates Begins Apology Tour Over His Epstein Ties A week after Bill Gates abruptly pulled out as a keynote speaker at a high-profile global AI summit in India, the left-wing billionaire finally mustered enough nerve to “take responsibility for his actions” over his ties to late financier and sex offender Jeffrey Epstein during a town hall meeting with Gates Foundation employees. The Wall Street Journal […]

Yen Tumbles After Takaichi Nominates Two Prominent Doves To The BOJ It’s not just Trump who is stacking his central bank with uberdoves. After plunging yesterday following a Mainichi report that Japanese Prime Minister expressed concerns at more BOJ rate hikes, the yen has tumbled more, sending the USDJPY as high as 156.80 this morning, the highest since Feb 9, after the Takaichi administration announced two nominees to succeed the […]

Subpar 5Y Auction Sees Biggest Tail Since July 2025, Bid to Cover Slides After yesterday’s 2 Year auction, moments ago the Treasury sold its second coupon for the week when it auctioned off $70BN in 5 Year paper in a rather lackluster auction.  The auction priced at a high yield of 3.615%, down from 3.823% a month ago, and the lowest since November; it also tailed the When Issued 3.608% by 0.7bps, the biggest tail since last […]

Schumpeter Didn’t Have This Level Of Destruction In Mind By Michael Every of Rabobank The tendency for the rate of things to fall Markets are trying to get past a report on how devastating AI could be for employment. There are push-backs: it ignores resource constraints and Schumpeterian creative destruction, and echoes Marx’s Tendency for the Rate of Profits to Fall. Yet Anthropic just released desk-top plug-ins plugins aimed […]

“Do You See What Happens Larry…”: Summers Out At Harvard After Epstein Scandal Who could have seen this coming? Aug 2019: Clinton Treasury Secretary Larry Summers Rode On Epstein’s ‘Lolita Express’ The former Harvard President and Clinton-era Treasury Secretary has been cited four times on the flight logs of Jeffrey Epstein’s ‘Lolita Express’. During his first trip, he was still working in the Clinton administration. And during […]

Ethereum Foundation Starts Staking ETH As Client Diversity Concerns Persist Authored by Christina Comben via CoinTelegraph.com, The Ethereum Foundation has begun staking part of its treasury, turning one of Ethereum’s most influential entities into a direct economic participant in network consensus. According to a Tuesday post on X, the foundation deposited 2,016 Ether and plans to stake about 70,000 in total, with all […]

Trump To Iran: War Can Be Averted If It Says “Those Secret Words” Among the most important foreign policy statements of President Trump’s during his annual State of the Union address to a joint session of the Senate and House of Representatives Tuesday night came in discussing his Iran red lines. “We are in negotiations with them. They want to make a deal, but we haven’t heard those secret words: ‘We will never have a nuclear […]

One In Five California Home Sales Canceled Due To Unaffordable Insurance Authored by Mike Shedlock via MishTalk.com, Ponder a $44,000 insurance bill. This does not count as inflation in the CPI. Dysfunction in California’s Insurance Market The Wall Street Journal reports A $44,000 Bill Shows the Dysfunction in California’s Home-Insurance Market Glenn and Lorraine Crawford paid about $500 a month to insure their home in […]

On Gold, Oil, & Uranium Billionaire natural resources investor Rick Rule, legendary short-seller Bill Fleckenstein, and veteran oil trader Erik Townsend join ZeroHedge this evening at 7PM ET to give their outlooks on three key commodities sectors: Gold, Oil, and Uranium. Gold and silver have, of course, exploded in price over the last 52 weeks with gold’s price almost doubling and reaching a high of over $5500. Silver’s […]

Software Stocks: Navigating The SaaSpocalypse Authored by Michael Lebowitz via RealInvestmentAdvice.com, The recent rotation from growth to value is well documented. While the return divergences between, for instance, technology stocks and materials or industrials stocks are significant, they do not tell the whole story. There are also extreme return differentials between broad industries and their sub-industries. In this […]

Democrats Talk Affordability, Immigration In Rebuttal To Trump SOTU As usual, the opposing party was ready with a rebuttal to the President’s State of the Union address last night.  Virginia Gov. Abigail Spanberger delivers the Democratic response to President Donald Trump’s State of the Union address in Williamsburg, Va., on Feb. 24, 2026. Mike Kropf/Getty Images Speaking from the House of Burgesses in Colonial Williamsburg, […]

Most Voters Want Immunity For Vaccine Companies Removed: Poll Authored by Zachary Stieber via The Epoch Times, A majority of voters say immunity for pharmaceutical firms should be removed in cases where the companies’ vaccines cause injuries, according to a new poll. Sixty percent of voters responding to the poll agreed that vaccine manufacturers should be stripped of immunity in such cases, including 33 percent who strongly […]

WTI Extends Losses After Biggest Crude Build In 3 Years Oil prices are sliding this morning following as an over-supplied market (API reported a huge 11.4mm barrel build last week) beats the geopolitical risk premia (with the US poised to attack Iran). “Iran, rather than backing down and agreeing to all and any term [U.S. President Trump] is placing on the table (as he had expected), is instead daring him to attack. “Just you […]

Horrific New Data Reveals Thousands Of Children Mutilated Under Biden Regime Authored by Steve Watson via Modernity.news, New revelations from the Stop The Harm Database expose a grim reality: between 2019 and 2023, thousands of American children were subjected to life-altering surgeries, hormone treatments, and puberty blockers in the name of transgender ideology. According to the data compiled by medical watchdog group Do No […]

Trump Talks Economy, Immigration, Taxes, And AI In State Of The Union Address Update (2320ET): While predicted to be ‘2 or 3 hours,’ President Trump’s State of the Union was just 109 minutes – though it was still the longest on record since at least 1964. Trump emphasized border security, energy production, and tax policies while throwing Democrats under the bus over the economy and unchecked illegal immigration. Trump […]

“Enough Is Enough”: David Tepper Slams Whirlpool For Value Destruction In “Scathing” Letter David Tepper, the billionaire behind Appaloosa Management, blasted Whirlpool’s board in a sharply critical letter, accusing the appliance maker of eroding shareholder value and demanding a strategic reset, according to CNBC, who viewed the letter. Tepper said he watched with “a certain astonishment” as Whirlpool moved ahead with what […]

The US Dollar: From Exceptional To Average? Authored by Eva Sun-Wai via BondVigilantes.com, The dollar’s slide last year looks less like a sudden break and more like the culmination of pressures that have been gathering for a while. The fading of US exceptionalism has sat quietly in the background, and once the narrative started to normalise, the cracks became clearer: softer growth expectations, slower capital inflows, and […]