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The Diamond Crash Accelerates
The Diamond Crash Accelerates
The Diamond Standard Index, tracked on Bloomberg under the ticker DIAMINDX, tumbled to new record lows during the first half of August as a surge in affordable lab-grown stones eroded the scarcity premium underpinning natural diamond prices.
"Technological progress in growing diamonds in labs has been amazing. It's no surprise most engagement rings are now using lab diamonds," X user Crémieux said.
Technological progress in growing diamonds in labs has been amazing.
It's no surprise most engagement rings are now using lab diamonds. https://t.co/MZ4zWVlQNq pic.twitter.com/fH1lFYD3Ih
— Crémieux (@cremieuxrecueil) August 8,...
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Sep 1, 2026 / Tyler Durden
Republican Campaign Arms Ask Supreme Court To Restore Cheapest TV Ad Rates Ahead Of Midterms
Republican Campaign Arms Ask Supreme Court To Restore Cheapest TV Ad Rates Ahead Of Midterms
Authored by Matthew Vadum via The Epoch Times,
Republican committees have asked the U.S. Supreme Court to allow them access to lowest-rate television ads before the November midterms after a federal appeals court ruled that only candidates are entitled to the special campaign rate required by law.
The Supreme Court in Washington on Aug. 31, 2026. Madalina Kilroy/The Epoch Times
The emergency application by the National Republican Congressional Committee (NRCC) and the National Republican Senatorial Committee (NRSC), which...
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Mar 24, 2026 / Tyler Durden
Circle Plunges Most Ever On Stablecoin Legislation, As Tether Prepares Full Audit
Circle Plunges Most Ever On Stablecoin Legislation, As Tether Prepares Full Audit
Circle Internet Group, the issuer of the USDC stablecoin, plunged the most on record as investors reacted to potential stablecoin regulation changes that could make the firm’s cryptocurrency less attractive to large holders, as it would be stripped of interest payments. Concerns that a competitor is readying a move into the US market also hurt Circle’s share price.
The stock declined as much as 22%, its steepest intraday drop ever, and leading losses across crypto-linked equities. Coinbase fell as...
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Feb 27, 2026 / Tyler Durden
MP's "Strong" Quarter: Accelerated Production, Long-Term Agreements With Major Tech Companies
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MP Materials Corp. reported fourth quarter revenue of $52.7 million and net income of $9.4 million, or $0.05 per diluted share, yesterday reflecting a sharp year-over-year improvement driven largely by price floor protection under its agreement with the U.S. Department of War.
Full year revenue rose 10% to $224.4 million as the company ramped separated product output and began generating magnetic precursor sales.
MP said in a press release yesterday that operationally, 2025 marked a step-change in upstream and midstream execution. MP...
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