Rate Cut Mania Now Crushing Stocks after Whipping Stocks into Frenzy or Whatever. Mag 7 Down $2.5 Trillion from Peak, Nasdaq Bloodied, Semis Crushed – WOLF STREET
A 4% drop puts the Nasdaq back to where it was in November 2021. Amazon, Tesla and Alphabet are already back to levels from 3-4 years ago. Nvidia is -24% from its peak. From WOLF STREET by Wolf Richter. The rate cut is coming, and will take effect on September 18. The stock market dream […]
Kind of a Funny Week for Stocks, Lots of Drama, Little Change: But Tesla & Nvidia Ended Deeper in the Hole – WOLF STREET
The collapsed stock palace is dragging down the Russell 2000 Index. From WOLF STREET by Wolf Richter. The S&P 500 finished at the same level it started at, and if you haven’t had access to the internet in the last five days, you would have missed all the drama that saw the Nikkei plunge 12% […]
Scott Jensen, Tim Walz’s 2022 gubernatorial opponent, blasts VP pick as ‘wolf in sheep’s clothing’
The doctor, who ran against Democratic vice presidential nominee Tim Walz in the Minnesota gubernatorial race two years ago, warned voters that Walz, a gray-haired National Guard veteran, was a “wolf in sheep’s clothing” and even offered advice to J.D. Vance. “He comes across as everybody’s favorite uncle and jolly guy, but he can actually […]
Chemical leak near Great Wolf Lodge sends 16 workers to hospital
Sixteen employees were sent to the hospital Wednesday morning after a dangerous reaction caused by “improperly mixing pool chemicals” at the grand opening of a Great Wolf Lodge in Texas, authorities said. Webster city officials said in a statement that a third-party contractor caused the leak in a separate building that is separate from the […]
Notre Dame Drops Absolutely Grade-A ‘Wolf Of Wall Street’ Spoof To Promote ‘Just Okay’ Shamrock Series Uniforms
I like the video, but the uniform… not so much. The Notre Dame Fighting Irish will face off against the Army Black Knights. November 23 The game is part of the Shamrock Series at Yankee Stadium. With the start of college football fast approaching, the Irish unveiled their uniform designs on Wednesday morning. For the […]
Small Stocks Keeled Over after Brief Super-Hyped “Rotation” Spike. Magnificent 7 lost $1.3 trillion in Seven Days – WOLF STREET
$1.3 trillion came and went in less than a month and people didn’t even notice. Amazing. From WOLF STREET by Wolf Richter. The week was marked by a continued sell-off in tech stocks and a wilting of the much-touted “rotation” into smaller caps. The S&P 500 fell 2.0%, the Nasdaq Composite fell 3.6%, the Nasdaq […]
Washington officials will vote to remove gray wolf from endangered species list
Washington state’s gray wolf population may no longer be considered endangered. The Washington Department of Fish and Wildlife (WDFW) is preparing to hold a vote that could remove wolves from the state’s endangered species list. “The status of species listed as endangered, vulnerable or sensitive is subject to review every five years through what is […]
Four endangered American red wolf pups born at St. Louis Zoo
These babies are really cute. The Saint Louis Zoo welcomed four red wolf pups this spring, marking a major population boost for the world’s most endangered wolf species. The Missouri Zoo announced this week that a female named Otter was born on April 26, followed by triplets named Molly, Finn and Obi just eight days […]
Gay Adult Film Superstar ‘Austin Wolf’ Charged with Distributing Child Porn
Adult film actor Justin Heath Smith, known by his stage name “Austin Wolf,” has been arrested in New York and charged with distribution of child pornography, the FBI announced. Damien Williams, United States Attorney for the Southern District of New York Revealed The charges were announced in a press release on Friday. “Justin Heath Smith […]
Gay Porn Star Austin Wolf Charged For Allegedly Trading Hundreds Of Child Porn Videos
Authorities charged a gay porn star for allegedly trading hundreds of child porn videos, the Department of Justice announced Friday. Justin Heath Smith, an adult film actor known by his stage name “Austin Wolf,” has been arrested on charges involving child pornography. Smith is accused of sending and receiving hundreds of videos through the Telegram […]