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BMW ADRs Tumble On Full-Year Outlook Cut, China Demand Woes
BMW ADRs Tumble On Full-Year Outlook Cut, China Demand Woes
Add BMW to the growing list of European automakers slashing forecasts due to softening demand, especially in China.BMW's ADRs fell 5% late in the US cash session after news that the struggling automaker slashed its full-year automotive profit outlook to around breakeven and warned of delivery declines. The European automaker said it would accelerate restructuring and phase out older models. It now expects automotive operating margin to range from -.5% to to .5% for the year, down from its previous forecast...
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Jul 2, 2026 / Tyler Durden
Alastair Crooke: Russia Hearing The European Clamor For War, Announces It's Ready
Alastair Crooke: Russia Hearing The European Clamor For War, Announces It's Ready
Authored by Alastair Crooke
The de-escalation framework that unfolded in the US-Iran Lucerne talks largely stayed true to the original Iranian 10-point plan. Meanwhile, President Trump and Vice-President Vance deliberately muddy the waters, claiming that Iran has already agreed to IAEA inspections of Iran’s nuclear facilities (a claim repeatedly denied by Iran): Vance announced that the IAEA could have begun inspections this week. No – – the “Framework” only refers to the possible IAEA supervision of the dilution to...
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Jul 6, 2026 / Tyler Durden
2028 Democrat Presidential Hopeful Exposes Party Civil War Against Its Socialist Wing
2028 Democrat Presidential Hopeful Exposes Party Civil War Against Its Socialist Wing
Gov. Josh Shapiro sat down with Dana Bash on CNN's State of the Union this weekend and said the quiet part out loud: his party is being overrun by its socialist and far left flank.
Bash pressed Shapiro on Darializa Avila Chevalier, who won the Democratic congressional primary in New York’s 13th congressional district last month while running as an open socialist.
Chevalier's platform includes abolishing prisons, opening the borders, ending deportations, and granting mercy even to violent criminals.
Bash also...
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Aug 6, 2026 / Dave DeCamp
Ansar Allah Launches Attacks Targeting Saudi-Backed Forces in Central Yemen
Yemen’s Ansar Allah, also known as the Houthis, launched significant strikes on Thursday targeting military camps in central Yemen belonging to the Emergency Forces, an anti-Houthi force recently created by Saudi Arabia that operates under the command of the Saudi military. A military source within the Saudi-backed Yemeni government, whose leadership is based in Riyadh, […]
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