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GameStop: Earnings Won’t Save It, Dilution Points to Trouble
GameStop NYSE: GME posted another smoke-and-mirrors quarter, resulting in a normal market response: a fall. The results reveal a company trying hard to turn itself around but failing miserably and eating itself to death at shareholder expense—insufficient news to spark another meme-quality rally. Because the company has filed to sell another 20 million shares, investors…
New Mexico appeals court upholds rule aimed at curbing ozone pollution
SANTA FE, N.M. (AP) — The New Mexico Court of Appeals has upheld regulations aimed at cracking down on emissions in one of the nation’s top-producing oil and gas states. The case centered on a rule adopted in 2022 by state regulators that called for curbing the pollutants that chemically react in the presence of…
Accomplished Scalawags – Fat Tail Daily
— Antonio Gramsci When the money goes, everything goes. And when the money is fraudulent at its root, it’s not long before every branch and leaf is contaminated. But one of the wonders of a corrupt age is that the public doesn’t seem to mind. The voters are flogged, fleeced, and sent home in their…
More Money, More Power – Fat Tail Daily
‘I do not believe in free will.’ —Albert Einstein First, the news. Benzinga: On Friday Tesla TSLA CEO Elon Musk issued a stark warning…In a recent podcast appearance, Musk declared, “We are 1,000% going to go bankrupt as a country and fail as a country, without AI and robots. The national debt is piling up…
