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Meta Plunges After Boosting Capex Outlook Again On "Higher Component Pricing"

Meta Plunges After Boosting Capex Outlook Again On "Higher Component Pricing" The last of the giga-caps to report today, the increasingly more misnamed Meta Platforms, had some good news to report for the just completed Q1. It also had bad news, and judging by the plunge in the stock price, the market is focusing on the latter.  First, the good news: the company reported revenue and EPS both of which beat estimates, and guided Q2 revenues which came in roughly in line with estimates. Here is the breakdown.  EPS $10.44 vs. $6.43...
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Jul 24, 2026 / Tyler Durden
"USA Isn't A PiggyBank For Europe": Trump Launches Section 301 Probe Into EU Over Big Tech Fines
"USA Isn't A PiggyBank For Europe": Trump Launches Section 301 Probe Into EU Over Big Tech Fines Summary: Trump Opens Section 301 Investigation On Europe Over Big Tech Fines  Trump Slaps Forced-Labor Duties On 60 Countries  Trump Begins Rebuild Tariff Wall After Supreme Court Ruling Earlier This Year  Trump Says US Begins Section 301 Investigation on Europe  President Trump wrote on Truth Social that the US will launch a Section 301 investigation into the European Union for "robbing American companies, in turn, the American Taxpayer."  Trump said Brussels is using America as a "PIGGYBANK" by fining Big Tech companies billions...
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Jul 16, 2026 / Tyler Durden
New Poll Shows American Voters Overwhelmingly Reject Communism, Dealing A Blow To DSA
New Poll Shows American Voters Overwhelmingly Reject Communism, Dealing A Blow To DSA The Democratic Socialists of America are intensifying their consolidation of power within the Democratic Party, winning low-turnout local elections as establishment Democrats struggle to contain the spread of socialism and Marxism within their DEI kingdom. DSA leaders and politicians have openly embraced anti-American rhetoric centered on dismantling capitalism and calling for revolution, while their unofficial spokesperson, Hasan Piker, has amplified inflammatory calls to "kill capitalists." Hasan Piker calls on his followers to kill capitalists: “Yeah kill them! KiII those...
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Jun 24, 2026 / Tyler Durden
German Swimming Pool Bans Visitors Who Can't Speak German, Citing Safety Concerns
German Swimming Pool Bans Visitors Who Can't Speak German, Citing Safety Concerns Via Remix News, A public swimming pool in Germany has introduced strict new admission rules barring entry to anyone who cannot speak German, with management insisting the policy is essential to guarantee the safety of guests. The Heidebad natural swimming pool in Halle, Saxony-Anhalt, now requires visitors to demonstrate German language skills before being allowed in. Managing Director Mathias Nobel defended the rule publicly, explaining that he is responsible for the safety of thousands of swimmers and will not compromise...
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