JPMorgan Drops Despite Highest Quarterly Profit In HIstory, As Traders Focus On Negatives

"The Situation Has Become Unsustainable": Apple To Hike Prices To Offset Soaring Memory Costs Up until now, Americans primarily hated the flood of data centers popping up around the country like mushrooms (at least those that haven't been canceled or delayed due to regulatory pushback, lack of electricity or outright hostility) because of surging electricity prices and the rising tide of unemployment as chabots gradually make America's white collar workers obsolete. Now they can add surging consumer price inflation to the list of reasons to hate data centers, whose ravenous...

Futures Rally Amid Fresh Iran Peace Hopes, All Eyes On SpaceX US stock futures and global markets are higher, extending their rally while oil hit the lowest level in months following fresh reports that the US and Iran are nearing a provisional agreement to end their war, even if top leadership has yet to sign off. Meanwhile, all eyes are on SpaceX - the world's biggest IPO- where shadow markets are pricing a spike of at least 35% for SpaceX on its debut, while online market see odds of a...

Helicopters And Poison? 32 Charged In $20M Mount Everest Rescue Scam Nepal’s Central Investigation Bureau investigates a large-scale insurance fraud operation in the Himalayan trekking sector. Authorities charge 32 individuals - including trekking company operators, guides, helicopter rescue coordinators, hospital owners, and doctors - with organized crime and fraud. The scheme allegedly triggers unnecessary and expensive helicopter evacuations that insurers foot the bill for. According to The Independent, the probe focuses on activities between 2022 and 2025 across popular routes that include the path to Everest Base Camp, Annapurna, Manaslu, and...