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US Telecoms Slide On Starlink Mobile Threat; Bernstein Sees It As A "Jab, But No Knockout Yet"
US Telecoms Slide On Starlink Mobile Threat; Bernstein Sees It As A "Jab, But No Knockout Yet"
U.S. telecom stocks fell in premarket trading after SpaceX, during its first earnings call as a publicly traded company on Tuesday evening, outlined its vision for Starlink to challenge Verizon, T-Mobile, and AT&T.
This was the market reaction to discussions surrounding @Starlink Mobile during the SpaceX Earnings Call.
The big three telecom giants fell. The same thing happened when SpaceX acquired spectrum last year. https://t.co/4FfvFQdOTB pic.twitter.com/tAG7ywTxY7
— Nic Cruz Patane (@niccruzpatane) August 4, 2026
One of the...
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Jul 29, 2026 / Tyler Durden
From Momentum To Mayhem: Korean 'Plunge Protectors' Meet As Leverage Unwind Sparks Chaos
From Momentum To Mayhem: Korean 'Plunge Protectors' Meet As Leverage Unwind Sparks Chaos
'Leverage goes both ways...'
That is a lesson that many are learning in a painful manner as the army that enjoyed the momentum escalator ride up are now decrying the elevator plunge lower... and the poster-child for this pain is Korea.
Following anxiety over new Chinese competition, and disappointing earnings from SK Hynix overnight, Korea's stock market has plunged 44% from its record highs in June (but remains up 27% YTD still)...
Triggering yet another circuit-breaker...
You didn’t pray hard enough
The...
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May 7, 2026 / Tyler Durden
Vote Harder? Why Secession Is The Only Answer To The American Megastate
Vote Harder? Why Secession Is The Only Answer To The American Megastate
Authored by Ryan McMaken via The Mises Institute,
There are still some Trump supporters out there who continue to bill the Trump administration as some kind of great victory for the forces of populism against the “deep state.” A year into the second Trump administration, it is clear this is not a serious position. The populism of the Trump campaign has clearly failed and what we ended up with instead is a continuation and strengthening of the status quo. Over the...
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Apr 29, 2026 / Tyler Durden
O-I Glass Plunges As Gulf Energy Shock Hits Earnings Outlook
O-I Glass Plunges As Gulf Energy Shock Hits Earnings Outlook
Glass bottle and jar company O-I Glass plunged the most in premarket trading in more than six years after it slashed its full-year adjusted EPS outlook, blaming higher energy costs tied to the Gulf-related energy shock.
The major glass-container manufacturer, producing bottles and jars for the beer, wine, spirits, beverage, and food-packaging markets, now expects adjusted EPS of $1.00 to $1.50, down sharply from its prior forecast of $1.65 to $1.90 and well below the $1.67 Bloomberg Consensus estimate.
Slide 8 detailed...
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