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Notes today:
QuantumScape
(QS) said it has successfully met the technical milestone
that was a condition to close for the investment of an additional
The US economy added 916,000 jobs in March, a greater number
than forecast and more than the 468,000 positions created in February. The
unemployment rate fell to 6% from 6.2% in February.
Notes today:
(And, so far, the stock’s performance is still dismal anyway).
Viacom CBS (VIAC) I go fishing and this is what happens to one of the biggest media co. in the world. 😲
Notes today:
I had 36 “last chance” emails today, another last chance, and another, and another - nothing but last chances.
Notes today:
Google (GOOGL) will face a $5b lawsuit that it didn't notify
users that their data can still be collected while in "incognito"
mode, a judge ruled on Friday👍👍
According to Robert Reich the names below had a change in net worth from March 2020 to March 2021
Musk: +$118B
Bezos: +$58B
Page: +$33B
Brin: +$32B
Zuck: +$29B
Ellison: +$28B
Gates: +$24B
Ballmer: +$23B
Dell: +$18B
So, I suppose the two Google Dudes won’t be much troubled by
a 5 billion fine..
Congress passed a landmark $1.9tn coronavirus relief bill with
zero support from republicans - ZERO support - nada.
The lower house of Mexico’s parliament voted to decriminalise the recreational use of cannabis.
Economist: The world’s consumers are sitting on a pile of cash. Will they spend it?
Households do not usually save on such a scale during recessions. For one thing, their incomes usually fall, as their pay is cut or they lose their jobs. But governments in the rich world have spent 5% of their combined GDP on furlough schemes, unemployment benefits and stimulus cheques during the pandemic. As a result, household incomes have actually risen in the past year.
Bloomberg: Bitcoin Has Zero Intrinsic Value. Some People Are OK With That
Soybeans and sturdy shoes are looking better and better by comparison.
Tulips anyone?
Notes today:
Notes today:
SCOTUS today: Justice Barrett: What is the interest of the GOP
in keeping (laws that suppress minority voters) on the books?
Republican Lawyer: It puts us at a competitive disadvantage
relative to Democrats. Politics is a zero-sum game.
Notes today:
Notes today:
The U.S. Bureau of Economic Analysis (BEA) has Personal income increasing 10.0 percent (monthly rate) while consumer spending increased 2.4 percent in January as provisions of the Coronavirus Response and Relief Supplemental Appropriations (CRRSA) Act enacted on December 27, 2020, began to take effect.
Bloomberg:
SEC Suspends Trading in 15 Stocks That Got Hyped on Social Media:
The SEC’s order noted that while the company hadn’t filed reports in years
and its phone number doesn’t work, “social media accounts may be engaged in
coordinated attempt to artificially influence” its share price. SpectraScience
volume surpassed 3.5 billion shares on a single day in late January as the
stock surged 167%.
REALLY!😖