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Sell The Bailout: Skydance Tumbles As Musk's $1 Billion Check Reminds Everyone Paramount Needs One
Sell The Bailout: Skydance Tumbles As Musk's $1 Billion Check Reminds Everyone Paramount Needs One
It took about ten minutes.
Just after noon on Thursday, Semafor reported that Elon Musk has invested roughly $1 billion in Skydance (SKYD), the newly renamed Paramount-Warner Bros. Discovery combo run by David Ellison. The stock did what stocks are supposed to do on a billionaire endorsement and spiked to $8.46, up 7.5% on the day. Then traders actually thought about it, and by 12:10pm the shares had been halted for volatility after tumbling, before printing...
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Sep 15, 2026 / Tyler Durden
Saudis Cancel September Crude Cargoes To Europe As East-West Pipeline Shutdown Deepens Energy Crisis
Saudis Cancel September Crude Cargoes To Europe As East-West Pipeline Shutdown Deepens Energy Crisis
Summary:
Saudis Cancel September-Loading Crude Cargoes to Europe
Europeans are paying between $9-$11 per gallon for diesel amid Global Refining Crisis
Saudi Oil Routes Narrow: Kingdom Eyes Hormuz Export Surge After Pipeline Attack
Saudis Cancel September-Loading Crude Cargoes to Europe
"Refining is super short. Between Europe's woes, Russias war on Ukraine and a drop in refined products from the Arabian Gulf its really bad. As many of my amazing followers showed yesterday… Europeans are paying between $9-$11 per gallon for diesel," CNBC's...
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Oct 4, 2026 / Tyler Durden
Why Apartments In Tokyo Are So Much Cheaper Than In NYC
Why Apartments In Tokyo Are So Much Cheaper Than In NYC
Authored by Julia R. Cartwright via The Daily Economy,
Imagine it's January in New York and you're sharing a tiny apartment with two roommates. The walls are crumbling around you, and there's a hole in your bedroom wall big enough to see outside. Every time it rains or snows, water drips into your room. You call your landlord to fix it over and over again, but nothing happens.
Tokyo apartment building by night. CAPTAINHOOK via Shutterstock.This is reality for many New...
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Sep 3, 2026 / Dave DeCamp
Iran Says It Launched Attacks on US Bases in Kuwait, UAE
The Iranian Army has announced that its forces launched missile and drone attacks targeting US bases in Kuwait and the UAE, attacks that it said were a response to the US strikes against Iran on Tuesday that killed civilians and soldiers. According to Iran’s PressTV, the Iranian Army, officially known as the Islamic Republic of […]
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