The Wrath Of Kharg

SpaceX Erupts In After Hours Trading, Soaring Above $210 And Surpassing Apple's Market Cap After a relatively calm first day of trading, the gamma squeeze crew has finally sniffed out that SpaceX's float makes it a perfect candidate for an OTM-call option driven meltup, and the stock soared ~20% today, adding over $400 billion in market in the regular session. Commenting on the move, Vanda Track earlier noted that SpaceX topped the leaderboard as the most bought stock by retail investors for a second consecutive session, with net buying potentially set...

Conference Board Consumer Survey Signals Ugly Job Market, Weakest 'Present Situation' In Over 5 Years Amid a plethora of revisions (lower), The Conference Board's measure of Americans' Consumer Confidence rose very modestly in June (from 90.6 to 91.2 - a big miss on the headline print's expectation of 94.4). However, while Expectations rose to their highest level of the year, the Present Situation tumbled to its lowest since March 2021... “Consumer confidence inched up in June as falling oil prices in recent weeks provided some relief to consumer inflation fears,” said Dana...

Software CEO Convicted In Massive $1 Billion Medicare Fraud Scheme Targeting Seniors In a verdict hailed by federal officials as a major blow against one of the most egregious health care fraud operations in Florida history, a jury in the Southern District of Florida convicted Brett Blackman, 42, of Johnson County, Kansas, on multiple conspiracy charges related to a sprawling scheme that bilked Medicare and other federal programs out of more than $1 billion. Brett Blackman / Credit: Department of Justice Blackman, the founder, owner, and CEO of HealthSplash, was found guilty...