France Cuts 6.4 GW Of Nuclear Power As Heatwave Grips The Country

"Spider-Man: Brand New Day" Crushes Woke Odyssey Film At Box Office Hollywood pulled out all the stops for "The Odyssey" - They relied heavily on director Christopher Nolan's built-in and generally pretentious audience to drive early box office revenues.  The hype machine was running non-stop for months before the release.  The distributor's focused heavily on IMAX ticket sales, which cost more than double a normal theater ticket. They attempted to hide the woke content of the film from the public for as long as possible (an ancient Greek epic with no Greeks,...

US New Home Sales Tumbled In April As Prices Soared With Case-Shiller reporting existing home price declines in half of America's largest cities, and after two straight months of rip-roaring demand, NAR reports that New Home Sales in April tumbled 6.2% MoM (almost twice as bad as the 3.2% MoM decline expected). March's 7.4% MoM spike was revised down bigly to just +3.4%, all of which left new home sales down  Source: Bloomberg Overall, new home sales have really gone nowhere for four years... It seems lower mortgage rates did nothing to help new...

Google Tumbles After Boosting 2026 Capex Guidance Again Update (5:00pm ET): It took just a few minutes into the call for management to get to the elephant in the room, namely the relentless spending on overpriced commodity chips, and just like last quarter when GOOGL guided to a much higher capex for the current year, it did so again (if to a slightly lesser extent). The stock promptly slumped 3% to new session lows. *ALPHABET SEES FY CAPEX $195B TO $205B, SAW $180B TO $190B And then: *GOOGLE STILL SEES FY27 CAPEX INCREASING...