Retail inflation skyrocketed more than expected last month, hitting a more than four-decade high, as prices for food, gas, and housing continued
Continue readingMonth: July 2022
Twitter’s stock price is not looking good
One weird aspect of Musk’s quasi-terminated deal to buy Twitter is that he owns 9.6% of Twitter’s stock. Or, at least, he
Continue readingCelsius: Ponzi scheme in disguise
Celsius Network LLC is (was?) a crypto brokerage that took crypto deposits from customers, paid 18% interest on those deposits and then invested
Continue readingDoes Twitter really have tons of bots?
Musk and Twitter fights continues. Musk’s supposed excuse for terminating his deal to buy Twitter is that he imagines, with
Continue readingTwitter: See you in court, Elon!
I think it is helpful to start with the big picture. Elon Musk is the richest person in the world,
Continue readingInvest: Elon Musk’s playing dirty with Twitter
Elon Musk has done the thinkable: He’s announced his intent to back out of his deal to purchase Twitter for $44 billion.
Continue readingInvest: GameStop stock split
A handful of companies split their stocks recently, and GameStop (GME) is following the trend. GameStop Corp. shares jumped 10%
Continue readingBusiness: Voyage to bankruptcy
Loosely speaking, there are two sorts of cryptocurrency platforms. There are centralized platforms, which are owned by shareholders (founders, employees, venture capitalists,
Continue readingBusiness: Stocks and ownership
One very natural thing that can happen is: You start a company. You are a passionate and visionary founder; the
Continue readingBusiness: Index funds lowers your wage?!
Here is a theory about index funds. Public companies, these days, are increasingly all owned by large diversified institutional investors. These
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