From: zerohedge The Income A Family Needs To Live Comfortably In Every US State | ZeroHedge Families in the top five most expensive U.S. states require an annual income exceeding $270,000 to live comfortably. This visualization, via Visual Capitalist’s Bruno Venditti, illustrates the income necessary for two working adults with two children to maintain a comfortable lifestyle […]

From: zerohedge Nvidia Explodes Higher After Blowing Away Estimates, Guiding Sharply Higher, Unveils 10:1 Stock Split | ZeroHedge As discussed in our preview, Nvidia has been called the mother of all earnings — the “single most important stock on the planet” according to Goldman – and for good reason: it accounts for 5% of the […]

From: zerohedge AI Data Centers And EVs Create Incredible Opportunities | ZeroHedge Some winners from the artificial intelligence (AI) and electric vehicles (EV) boom are easy to spot. For instance, shares of Nvidia, Microsoft, Tesla, and other companies have posted significant gains, anticipating a surge in future revenue and profits. The development of AI data […]

From: zerohedge This past weekend I was at the Canadian Bitcoin Conference in Montreal, where I moderated a panel on Bitcoin As A Treasury Asset For Corporations. At the time I disclosed that 100% of easyDNS‘ retained earnings are in Bitcoin — and that the mark-to-market value of that Bitcoin is currently 300% of the retained earnings balance from […]

From: zerohedge OpenAI Co-Founder & Chief Scientist Departs AI Firm | ZeroHedge Ilya Sutskever, the co-founder and chief scientist of OpenAI’s for-profit arm who helped briefly oust CEO Sam Altman last year, is leaving the artificial intelligence firm. Altman posted on X that Sutskever and OpenAI would “part ways” and the former chief scientist “has […]

From: zerohedge Walmart Soars To Record High After Beating Estimates, Guiding Higher As Consumers “Trade Down” | ZeroHedge WMT stock surged in premarket trading after the company not only reported Q1 earnings that blew away expectations, but guided even higher than consensus, and now expects the full year to be slightly better than planned as […]

From: zerohedge AMC Raised $250 Million In ATM Offering As ‘Meme’ Stocks Rocket Higher | ZeroHedge Is this ‘meme stock frenzy’, The Fed’s fault once again? The last time US financial conditions were this easy (jawboned by Fed officials’ pivot) was the start of the first manic meltup in GME and its meme-mates… The meme […]

From: zerohedge US Producer Prices Accelerating At Fastest Rate In 12 Months, Wall Street Reacts… | ZeroHedge Ahead of tomorrow’s CPI, traders are eyeing this morning’s Producer Prices for any hints that the disinflation trend will return…or not. The answer is “not!” April Producer Prices rose 0.5% MoM (vs +0.3% exp), with March’s +0.2% MoM […]

From: zerohedge Creditors Of Bankrupt FTX To Receive As Much As 142% Of What They Are Owed | ZeroHedge Back in March, when eyeing the tremendous rebound in the crypto space, we joked that creditors in Sam Bankman-Fried’s bankrupt exchange, FTX, would recover 200% of their claims. FTX bankruptcy will be the first Chapter 11 […]

From: zerohedge Bitcoin Miners Are Looking To Africa For Their Next Low-Cost Energy Hub | ZeroHedge Image source: Pixabay. Free to use Much of the media talk on Bitcoin mining tends to be centered on regions such as Iceland, known for its abundant, low-cost geothermal energy, the U.S., which has long been a powerhouse in […]