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Amazon Freight Expansion Sparks Selloff Across Trucking Stocks
Amazon Freight Expansion Sparks Selloff Across Trucking Stocks
Less-than-truckload freight stocks fell in premarket trading in New York after Amazon roiled the industry yet again - this time by announcing expanded LTL services to cover all U.S. destinations, including third-party warehouses, distribution centers, and retail partners.
"Businesses now have the flexibility to ship by pallet, choosing LTL to share trailer space for partial loads instead of reserving and paying for a full truckload," Amazon wrote in a press release, adding, "Since 2019, Amazon LTL has served tens of thousands of Amazon...
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May 30, 2026 / Tyler Durden
The Market's Biggest Buyer May Be Disappearing
The Market's Biggest Buyer May Be Disappearing
Submitted by QTR's Fringe Finance
Yesterday, as part of laying out the two paths I can see the economy taking, I wrote that beneath the surface, the American consumer is tapped out. The average consumer - AKA the "retail investor" - has been a key in driving the stock market higher the past half decade.
This morning, I noticed two reports that came out yesterday that add to the conclusion that this "retail investor" looks increasingly broke.
Yesterday The Wall Street Journal highlighted how rising prices and the highest...
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Jun 7, 2026 / Tyler Durden
Questions Are Piling Up Fast As Pratt Suddenly Loses Second Place In LA Mayoral Vote
Questions Are Piling Up Fast As Pratt Suddenly Loses Second Place In LA Mayoral Vote
Update (2200ET): In a stunning shift, 9 days after the actual election day, LA City Councilmember Nithya Raman has suddenly overtaken former reality TV star Spencer Pratt for second place in the Los Angeles mayoral primary race on Sunday, the latest election results show.
"It's not the people who vote that count, it's the people who count the votes." - Stalin https://t.co/G3iT14i3gI pic.twitter.com/hwRJP8kmff
— zerohedge (@zerohedge) June 8, 2026
This post on X summed up the general farce...
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Jun 3, 2026 / Jason Ditz
Nine Killed, Including Two Paramedics in Israeli Strikes on Southern Lebanon
Israel continues to escalate strikes against southern Lebanon on Wednesday, and has killed at least nine people across the region, including two paramedics who were slain in an attack on an ambulance. These attacks follow reports from President Trump that on Monday Israel agreed to postpone its attack on Beirut and that Hezbollah had made […]
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