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JPM Stock Fizzles Despite Blowout Quarter As Key Forecast Cut
JPM Stock Fizzles Despite Blowout Quarter As Key Forecast Cut
One day after Goldman Sachs reported its highest profit in 5 years (despite an ugly miss in FICC revenues), this morning JPMorgan impressed with just as solid results, when it reported that its Q1 profits rose 13% as the bank benefited from soaring market volatility and frantic trading amid the war with Iran and the US military operation in Venezuela.
The largest US bank reported net income of $16.5bn, beating analyst estimates of a $15.2bn print, up from $14.6bn a year...
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Feb 25, 2026 / Tyler Durden
Outrage In Sacramento: California Parole Board Grants Release Of Serial Child Rapist
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 kidnapping and child molestation after a horrific crime spree in Sacramento County, during which he kidnapped, raped, and beat eight children aged 3 to 7.
The judge described...
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Apr 1, 2026 / Tyler Durden
Amazon's Cloud Unit In Bahrain "Disrupted" By Iranian Strike
Amazon's Cloud Unit In Bahrain "Disrupted" By Iranian Strike
Just one day after the Islamic Revolutionary Guard Corps threatened U.S. companies across the Middle East, the Financial Times reported late Tuesday morning that an IRGC strike had damaged Amazon's cloud computing infrastructure in Bahrain.
The FT cited Bahrain's interior ministry, which said civil defense teams were "extinguishing a fire in a facility of a company as a result of the Iranian aggression."
Local authorities did not identify the company, disclose the type of air-delivered munition used, and/or provide further operational details about the strike.
But according...
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Apr 13, 2026 / Tyler Durden
Bernstein Says Bitcoin Market Already Priced In Quantum Risk
Bernstein Says Bitcoin Market Already Priced In Quantum Risk
Authored by Zoltan Vardai via CoinTelegraph.com,
Bernstein said Monday that Bitcoin’s selloff has already priced in much of the market’s fear around quantum computing, arguing that the threat is real but still manageable rather than an immediate existential risk.
Bitcoin’s (BTC) near 50% drawdown from its $126,198 all-time high in October 2025 is proof that the market has “priced in” several risks tied to a quantum breakthrough, partly thanks to technological progress on zero-knowledge privacy and quantum-proof cryptography that “counterbalance” the AI and...
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