Introduction

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...

Paramount Mulling California Exodus Amid Antitrust Scrutiny Authored by Andrew Moran via The Epoch Times, Paramount Skydance could be the next major company to leave California as the media giant faces intensifying antitrust scrutiny over its purchase of Warner Bros. Discovery. Makan Delrahim, Paramount’s top legal officer, said the Los Angeles-based company is “committed” to staying in California. But he also noted that the company has “a fiduciary duty to shareholders.” “You have to take a look at the business environment and look to see what’s best for not only the community and the...

What Is The UK Government So Afraid Of? Authored by Steve Watson via Modernity News, The British government is in court to stop the public seeing the full picture of migrant crime rates. After the Information Commissioner ordered the Ministry of Justice to release nationality-linked conviction data from 2018 to 2024, officials have launched an appeal, claiming it risks identifying offenders and costs too much. Campaigners say the real fear is what the numbers will show about open-border policies that have left British streets, transport and communities less safe. 'Apparently in Britain we...