Tupperware Pops As The Latest Meme Stock Craze
Despite Tupperware Brands Corp warning it could go under, investors are still flocking to the stock, triggering a surprising rally in what some are likening to a meme-stock craze. Over…
Elon Musk Calls Short Term Treasuries A “No-Brainer”
Elon Musk likes what he sees on the short end of the Treasury curve. On his social media micro-blogging site X, the billionaire automaker and space exploration pioneer called short…
EU LNG Imports Fall To Two-Year Low As Supplies Head To Asia Due To Pricing
On Wednesday, Bloomberg reported that according to ship-tracking data, EU imports of liquified natural gas (LNG) have fallen to the lowest level in almost two years. In July, LNG deliveries…
OPEC Oil Production Falls
On Tuesday, Bloomberg reported that in July OPEC’s oil production fell by the most in three years, due to Saudi Arabia’s additional voluntary cuts to production to support crude oil…
World Economic Report Says Russia Is Europe’s Biggest Economy
The latest World Economic Report has revealed that despite Western attempts to hobble Russia’s economy, Russia was one of the five largest economies in the world, and the largest in…
Amazon Crushes Profit Forecasts
On Thursday, Amazon (AMZN) released a second quarter report which vastly outperformed analyst profit forecasts, after a year of wide scale layoffs cut costs dramatically. Profits soared despite Amazon web…
Apple Reports iPhone Sales Miss Expectations
Third quarter earnings for Apple (AAPL) arrived after the bell on Thursday, revealing that iPhone sales missed expectations, as revenue fell 1.4% compared to last year, marking the third consecutive…
Moody’s Downgrades Niger, Says Sanctions Will Cause Default
Moody’s is warning that the application of economic sanctions to Niger by its neighbors and its Western partners, after the military coup last week which displaced the nation’s leaders, could…
BRICS Continuing Discussions Of Dollar Rival’s Launch
Russian State Duma Deputy Speaker Aleksandr Babakov said that Russia is working with its fellow BRICS members, as well as other nations in Africa to create a new global currency…
Pakistan Wants To Import More Russian Crude
On Tuesday, Nikkei Asia reported that its sources are saying that Pakistan wants to increase its crude oil purchases from Russia. Reportedly it is looking at possibly processing the additional…
