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Exxon & Chevron Shares Jump After Big Q1 Earnings Beat
Exxon & Chevron Shares Jump After Big Q1 Earnings Beat
The impact of the war in Iran is on full display this morning in the earnings of two oil giants - Chevron and Exxon Mobil - as both smashed earnings expectations (despite sizable production outages).
Ahead of the results, Exxon and Chevron had both flagged major reductions in 1Q earnings due to “timing effects,” or paper losses on derivatives tied to cargoes that had not yet reached their destinations before the end of the quarter.
These accounting charges are expected to fully unwind...
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May 8, 2026 / Larry C. Johnson
The Gulf Separating the US and Iran is Too Wide to Bridge
As I pointed out in my last article, someone in the Trump administration who has been briefed on Trump’s upcoming statements about the war in Iran made a financial killing yesterday. This is part of a continuing pattern of deliberate deception by Trump, i.e., pretending there is great progress with talks with Iran, which in […]
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Apr 16, 2026 / Tyler Durden
Goldman Sachs To Use Options Strategy For Planned Bitcoin Income ETF
Goldman Sachs To Use Options Strategy For Planned Bitcoin Income ETF
Authored by Nate Kostar via CoinTelegraph.com,
Goldman Sachs has filed with the US Securities and Exchange Commission (SEC) to launch a Bitcoin-linked exchange-traded fund designed to generate income while limiting exposure to the cryptocurrency’s volatility, according to a preliminary prospectus dated April 14.
The proposed Goldman Sachs Bitcoin Premium Income ETF would aim to deliver current income alongside capital appreciation by investing primarily in spot Bitcoin exchange-traded products (ETPs) and related options, rather than holding Bitcoin directly.
The fund would generate yield by selling...
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Mar 31, 2026 / Tyler Durden
Google's New Quantum Research Reignites Push To Harden Bitcoin
Google's New Quantum Research Reignites Push To Harden Bitcoin
Authored by Micah Zimmerman via BitcoinMagazine.com,
A new research paper from Google has intensified debate over whether Bitcoin can adapt in time to withstand advances in quantum computing, pushing developers and investors to confront a risk long treated as theoretical.
Google’s quantum division said this week in a new whitepaper that future machines could break widely used encryption far more efficiently than previously estimated, including the elliptic curve cryptography that underpins Bitcoin wallets.
The research suggests attacks that once appeared decades away may arrive sooner, with some...
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