THREAD: tech stocks soar as cor...

AMAZON’S BOLD Move: New South Africa Center Shakes UP Market

17 January 2025 — Amazon has opened a new center in Cape Town, South Africa, to support its independent sellers. This is part of Amazon’s plan to grow its market share and compete with local leader Takealot, owned by Naspers. The center aims to help sellers attract more customers and expand Amazon’s product range, potentially boosting revenue.

APPLE’s CHINA TROUBLES: iPhone Shipments PLUMMET

Apple shares fell 3.2% after research firm Canalys reported a 17% drop in iPhone shipments in China for 2024. This decline pushed Apple down to third place in China’s market share rankings. Despite the stock’s volatility, this news is significant but doesn’t drastically change the company’s business outlook.

STOCK MARKET SLUMP: Earnings Reports RATTLE Investors

The stock market took a hit following Wednesday’s rally due to retail sales data and major bank earnings reports taking the spotlight. Analysts remain hopeful about gains for the S&P 500 by year-end despite current swings. Focus is also on upcoming hearings on tariff plans before President-elect Donald Trump that could affect future economic strategies moving forward.

GOLD PRICES Soar: What You Need to Know About Plunging US Yields

16 January 2025 — Gold prices climbed for the second day, fueled by falling U.S. yields and hints of easing core inflation. Investors are keeping a close eye on upcoming U.S. retail sales data, unemployment claims, and Federal Reserve announcements for more market insight.

The stock market saw a big lift after a surprisingly good consumer inflation report. The Dow surged 700 points while the Nasdaq jumped 2.5%. This shows optimism even though there are worries about high rates affecting stock performance.

Financial powerhouses Goldman Sachs and JPMorgan started the earnings season strong with impressive trading revenues, boosting the S&P 500’s financial sector to its best day in two months. Citigroup announced a $20 billion share buyback program as it tackles rising regulatory costs and compliance issues.

The U.S. dollar was volatile as traders analyzed inflation data showing core inflation dipped slightly from 3.3% to 3.2%. Market players await more direction from the Federal Reserve on interest rate policies amid these economic changes.

NEW US CHIP Rules Shake Nvidia: What It Means for Tech’s Future

15 January 2025 — Nvidia faces new challenges as the US limits GPU shipments to 100,000 units per country. Larger orders now need US government approval. This move aims to control the spread of advanced technology worldwide.

In response to past restrictions, Nvidia designed a less powerful chip for China, following Biden’s 2022 rules. Despite these hurdles, experts like Chris Miller believe high demand may help soften any sales impacts.

These regulations could reshape Nvidia’s market strategies and global operations as it strives to keep its lead in the semiconductor industry amid changing rules.

STOCK MARKET Chaos: Inflation Fears Shake Investor Confidence

13 January 2025 — The U.S. STOCK market took a big hit today, with major indexes dropping over 3% due to rising inflation fears. Investors worry about possible Federal Reserve policy changes after high inflation numbers came out earlier this week. This is one of the steepest drops in months, shaking confidence that had been boosted by strong job reports.

Bond yields are up, with the 10-year Treasury bond yield hitting about 4.1%, its highest since late 2023, signaling increased inflation expectations. Big tech stocks like Apple and Microsoft saw sell-offs over 5%, adding to the market slump. Analysts warn that ongoing inflation might push the Federal Reserve to rethink interest rate policies, possibly leading to more hikes instead of cuts.

The decline comes after a strong holiday shopping season that initially suggested steady economic growth but is now overshadowed by ongoing inflation problems. Retail and consumer sectors face rising costs and reduced spending, making investors cautious in these areas. Companies like Walmart and Target report higher holiday sales but shrinking profit margins due to inflation pressures, prompting them to rethink annual forecasts.

Banks like JPMorgan are bracing for possible loan defaults as consumers struggle with higher living costs by setting aside more reserves. Market analysts expect continued volatility as investors digest new inflation data and Fed policy implications.;

TRAGIC RISE: Migrant Deaths Soar in Deadly Channel Crossings

31 December 2024 — Three migrants lost their lives attempting to cross the Channel near Calais, France, highlighting the ongoing crisis. The French coastguard reported that 45 others received treatment on the beach, with four hospitalized. This brings the total number of migrant fatalities in the Channel this year to 77, marking it as the deadliest year since 2018.

Pierre-Henri Dumont, MP for Pas-de-Calais, warned about crossing in frigid waters. He emphasized that even a few minutes in such conditions can be fatal despite quick rescue responses. His comments come amid a record number of crossings during Christmas week, with over 1,485 migrants making it across from December 25th to 28th alone.

The surge over Christmas has pushed total crossings past 150,000 since tracking began in 2018. This year alone has seen over 36,000 illegal crossings compared to last year’s figure of just under 30,000. The left-wing Labour government under Prime Minister Sir Keir Starmer pledged to curb these numbers by dismantling smuggling networks but has so far failed to deliver results as promised.

Since taking office in July, Starmer’s government has overseen more than 22,000 crossings — surpassing totals from previous years combined (2018-2020). Critics argue this reflects poorly

MIGRANT DEATHS in Channel Soar: A Tragic Record for 2024

29 December 2024 — Three migrants tragically died while trying to cross the Channel near Calais, France, highlighting the ongoing crisis. The French coastguard reported that 45 others were treated for hypothermia, with four hospitalized. This incident raises the total number of migrant deaths in the Channel this year to 77, making 2024 the deadliest year since the crisis began in 2018.

Pas-de-Calais MP Pierre-Henri Dumont warned about the extreme dangers of crossing during winter months. He stressed that even brief exposure to cold waters can be fatal despite quick rescue efforts. The recent surge saw a record-breaking 1,485 illegal crossings from December 25th to 28th alone.

The total number of illegal crossings has now surpassed 150,000 since tracking began in 2018. Over 36,000 migrants have crossed this year alone, up from last year’s figures of over 29,000.

Prime Minister Sir Keir Starmer’s Labour Party government promised to curb illegal crossings by dismantling smuggler networks but faces criticism for failing to deliver results since taking office in July. With over 22,000 crossings under their watch already exceeding previous years’ totals combined before their tenure began, public pressure mounts for effective action against this ongoing issue.

TRAGIC CHAOS: Car Attack at German Christmas Market Sparks Fear

21 December 2024 — A Christmas market in Magdeburg, Germany, turned tragic when a car plowed into a crowd, killing five and injuring over 200. Authorities suspect terrorism as they investigate the incident. Several victims remain in critical condition.

U.S. State Department spokesperson Matthew Miller condemned the event as an “attack,” expressing condolences and support for Germany. Cardinal Dolan offered words of hope, stating that “light will prevail” after this tragedy.

Magdeburg Police identified the suspect as a 50-year-old Saudi doctor believed to have acted alone. The driver reportedly covered 400 meters before police subdued him at gunpoint.

TRAGIC STABBING Spree at London Market Shocks Community

11 November 2024 — A stabbing spree at East Street Market in south London left one dead and two injured on Sunday morning. Police arrested a man in his 60s at the scene. While they have not shared details about the suspect or his motives, they do not believe it is terror-related, hinting that mental health issues might be involved.

Witnesses described a chaotic scene as the attacker randomly targeted people. An unnamed fabric seller said, “I just saw a bloke running through the market stabbing people willy-nilly.” The attack happened around 10:30 am when the market was getting busy.

The witness immediately called police after seeing two men stabbed, noting one appeared severely injured. Emergency services quickly arrived but sadly, one victim died from injuries despite their efforts.

The investigation continues as authorities work to understand what led to this tragic event and ensure community safety moving forward.

RUSSIA’S Military Losses Soar Amid Ukraine Conflict

10 October 2024 — Britain’s Ministry of Defence reports a sharp rise in Russian military casualties, averaging 1,271 per day in September. This marks the highest daily losses since the conflict began. The increase is linked to Ukraine’s counter-invasion efforts and Russia’s aggressive tactics.

The analysis shows Russia’s casualty rate has more than doubled compared to last year’s peaks. Despite harsh winter conditions, there’s no sign of reduced conflict intensity. Over 648,000 Russian casualties are estimated since the war started, based on Ukrainian figures.

Ukraine claims it inflicted over 38,000 casualties on Russian forces in September alone and destroyed thousands of vehicles like tanks and armored units. However, Western sources often highlight Russian losses without comprehensive data on Ukrainian casualties due to limited transparency from Kyiv.

While Ukraine’s reported figures for Russian losses exceed those from Britain’s Ministry of Defence, accurate assessments are tough due to wartime secrecy. President Zelensky dismissed Kremlin claims about Ukrainian casualties as exaggerated lies earlier this year but didn’t disclose specific numbers for his own forces’ losses.

MYSTERIOUS DEATH of British Tech Entrepreneur’s Co-Defendant Before Yacht Sinks

21 August 2024 — Stephen Chamberlain, a former Autonomy Corp. executive, was fatally struck by a car in Cambridgeshire on Saturday. His death happened just days before his co-defendant Mike Lynch and five others went missing after their yacht sank off the coast of Italy.

Authorities confirmed that divers recovered a body from the sunken yacht near Palermo, Italy. The identity of the body has not been announced yet. NBC and Reuters reported another body was found inside the vessel.

Chamberlain had recently been acquitted alongside Lynch in a multibillion-dollar fraud case involving Hewlett Packard’s $11 billion takeover of Autonomy Corp. His lawyer praised him as "a courageous man with unparalleled integrity.

BRITISH Tech Magnate MISSING After Superyacht Tragedy

19 August 2024 — British tech magnate Mike Lynch and five others are missing after their luxury superyacht sank during a freak storm off Sicily. Lynch’s wife and 14 others survived the incident. Authorities confirmed that one body has been recovered, and police divers are attempting to reach the hull of the ship at a depth of 50 meters (163 feet).

The yacht, named Bayesian, was anchored near Porticello when a waterspout struck overnight. The sudden storm battered the area precisely where the 56-meter (184-foot) British-flagged vessel was moored. Salvo Cocina of Sicily’s civil protection agency stated, “They were in the wrong place at the wrong time.”

The Bayesian had a crew of 10 and 12 passengers on board. Another nearby superyacht assisted in rescuing some of the survivors, including Lynch’s wife Angela Bacares. The yacht was notable for its single 75-meter (246-feet) mast made of aluminum, which was lit up just hours before it sank.

Biden’s BORDER Policy SHOCKS Americans: Crime Rates Soar

11 June 2024 — President Biden’s border policy has led to a surge in illegal crossings. Many Americans are worried about the rising crime rates linked to this influx. Local communities are feeling the impact, and some residents say they no longer feel safe in their own neighborhoods.

Critics argue that Biden’s approach is too lenient and lacks proper enforcement. They believe this has encouraged more people to cross illegally, putting a strain on resources and law enforcement.

Supporters of stricter border control point out that crime rates have increased in areas with high numbers of illegal immigrants. They call for immediate action to secure the border and protect American citizens from further harm.

The debate over immigration policy continues, but one thing is clear: many Americans are deeply concerned about their safety and the future of their communities under current policies.

ISRAEL’S WAR: Allies Demand Cease-Fire as Civilian Deaths Soar

18 December 2023 — Israel is under increasing pressure from European allies to halt its ongoing 10-week conflict in Gaza. The calls for a cease-fire come in the wake of several shootings, including the unintended killing of three Israeli hostages. These incidents have ignited global unease about Israel’s conduct during the war and sparked protests within its borders. Citizens are urging their government to return to negotiations with Hamas.

U.S. Defense Secretary Lloyd Austin is slated for a visit on Monday, adding more weight to the call for Israel to reduce major combat operations. While the U.S. continues to provide vital military and diplomatic support, it has voiced growing concern over civilian casualties resulting from this conflict. The war has led to thousands of civilian deaths and displaced an estimated 90% of Gaza’s population from their homes.

In response, Israel has permitted U.N aid trucks access into Gaza via a second entry point starting Sunday. However, Palestinians desperate for aid swarmed these trucks at the Rafah crossing with Egypt causing some trucks to halt prematurely as supplies were hastily taken away by locals.

The U.N agency responsible for Palestinian refugees estimates that over 60% of Gaza’s infrastructure has been decimated due to this war,“ reports state, ”Telecom services are slowly coming back online after a four-day blackout which further hindered rescue efforts and aid delivery.

FRONTIER AI: A Ticking Time Bomb? World Leaders and Tech Titans Convene to Discuss Risks

01 November 2023 — The latest buzzword in the realm of artificial intelligence, Frontier AI, has been causing a stir due to its potential threats to human existence. Advanced chatbots like ChatGPT have dazzled with their capabilities, but fears about the risks associated with such technology are escalating. Top researchers, leading AI companies, and governments are advocating for protective measures against these looming dangers.

British Prime Minister Rishi Sunak is orchestrating a two-day summit on frontier AI at Bletchley Park. The event is set to draw around 100 officials from 28 nations including U.S. Vice President Kamala Harris and European Commission President Ursula von der Leyen. Executives from prominent U.S. artificial intelligence firms such as OpenAI, Google’s Deepmind and Anthropic will also be in attendance.

Sunak asserts that only governments can shield people from the hazards posed by this technology. However, he stressed that the U.K.'s strategy is not to hastily impose regulation despite identifying potential threats like using AI for crafting chemical or biological weapons.

Jeff Clune, an associate computer science professor at the University of British Columbia who specializes in AI and machine learning was among those urging for more government intervention in mitigating risks from AI last week — echoing warnings issued by tech tycoons like Elon Musk and Open

ETHICS In QUESTION: Biden Under Scrutiny as Hunter’s Investigations Intensify

15 October 2023 — The ongoing investigations into Hunter Biden have begun to cast a significant shadow over President Joe Biden. The Justice Department, along with Republican members of Congress, are closely examining the president’s son for his alleged involvement in a criminal scheme with then-Vice President Biden. This comes alongside separate gun charges following the collapse of a plea deal on tax charges.

A recent poll indicates that 35% of U.S. adults believe the president has acted illegally, while 33% suspect unethical conduct. The investigation is spearheaded by House Oversight Committee Chairman James Comer (R-KY) and House Judiciary Committee Chairman Jim Jordan (R-OH). Their goal is to establish a connection between Hunter’s business dealings with a Ukrainian oil and gas firm and his father during his vice presidency.

Hunter Biden has been indicted by special counsel David Weiss in relation to a gun purchase in October 2018. He stands accused of violating orders prohibiting drug users from owning guns and has pleaded not guilty to all three counts against him. There are clear differences in perception across party lines: only 8% of Democrats believe the president is guilty of crimes related to his son’s activities, compared with 65% of Republicans.

As these investigations and indictments continue, they fuel growing controversy around the Bidens. This raises serious concerns about ethics at the

TECH TYCOON’S Angel Slain: Hamas Turns Israeli Music Festival into Nightmare

13 October 2023 — In a shocking turn of events, Danielle Waldman, the 24-year-old daughter of tech industry titan Eyal Waldman, was brutally killed in a Hamas attack on an Israeli music festival. The young Californian had journeyed to Israel specifically to attend the Supernova music festival. Her father confirmed to CNN that she and her boyfriend Noam were tragically caught in the crossfire during the rave near Kibbutz Re’im on the Gaza border.

The intended peaceful celebration morphed into a bloodbath as over 260 people lost their lives. Countless others were either injured or abducted by the terrorist group. A grief-stricken Eyal Waldman expressed his initial hope to reporters that his daughter might have been taken hostage and would eventually be returned.

Eyal Waldman is renowned for establishing Mellanox in 1999, a firm specializing in high-speed servers and storage-switching solutions. In 2020, US gaming and computer graphics behemoth Nvidia acquired Mellanox for $7 billion. Interestingly, Waldman stirred both tech circles and Arab world by setting up research centers employing Palestinian developers within West Bank and Gaza Strip.

LIBYA’S FLOOD Nightmare: Over 1,500 Lives Lost, Death Toll May Soar Beyond 5,000

12 September 2023 — Emergency teams in Derna, an eastern city in Libya, have discovered more than 1,500 bodies following the catastrophic floods triggered by Mediterranean storm Daniel. The death toll is expected to climb over 5,000 as the city was devastated when floodwaters broke through dams and wiped out entire neighborhoods. This disaster underscores both the storm’s power and a nation’s susceptibility fractured by over ten years of turmoil.

Libya is divided between rival governments in the east and west leading to widespread neglect of infrastructure. Aid only started arriving in Derna on Tuesday, a full day and a half after the disaster hit. The floods damaged or destroyed numerous access routes to this coastal city home to roughly 89,000 people.

Video footage showed dozens of bodies draped with blankets in one hospital yard and mass graves brimming with victims. By Tuesday evening, more than half of the recovered bodies had been buried according to eastern Libya’s health minister. Mohammed Abu-Lamousha from east Libya’s interior ministry cited a death toll surpassing 5,300 for Derna alone while Tamer Ramadan from International Federation of Red Cross and Red Crescent Societies estimated that at least 10,000 people were still unaccounted for.

AMERICAN CAVER Trapped: Unfolding Drama in Turkish Cave as Rescue Operation Faces Challenges

07 September 2023 — Mark Dickey, a seasoned American caver and researcher, is trapped deep within Turkey’s Morca cave. Located in the formidable Taurus Mountains, the cave has become Dickey’s unexpected prison nearly 1,000 meters below its entrance. During an expedition with fellow Americans, Dickey fell ill with severe stomach bleeding.

Despite receiving on-site medical attention from rescuers including a Hungarian doctor, his extraction from the constricted cave could take weeks. The complexity of the situation is due to both his condition and the challenging environment of the cold cave.

In a video message shared by Turkey’s communications directorate, Dickey expressed heartfelt gratitude towards both the caving community and Turkish government for their rapid response. He believes their efforts have been life-saving. While he appears alert in the video footage, he stressed that his internal recovery is still ongoing.

According to his affiliated New Jersey-based rescue group, Dickey has stopped vomiting and has been able to eat for the first time in days. However, what caused this sudden illness remains a mystery. The rescue operation continues under demanding conditions requiring multiple teams and constant medical care.

UKRAINE’S Defense Shake-Up: Zelenskyy UNVEILS Umerov as New Leader Amid WAR Scandal

04 September 2023 — In a significant turn of events, Ukraine’s president, Volodymyr Zelenskyy, declared a leadership overhaul in the Defense Ministry on Sunday. The incumbent, Oleksii Reznikov, will step aside, making way for Rustem Umerov, a notable Crimean Tatar politician. This change comes after “more than 550 days of full-scale war”.

President Zelenskyy highlighted the necessity for “new approaches” and “different formats of interaction” with the military and society as the driving factors behind the leadership change. Umerov, who currently presides over Ukraine’s State Property Fund, is a familiar figure to the Verkhovna Rada, Ukraine’s parliament. He has played a pivotal role in evacuating citizens from territories under Russian control.

The leadership transition comes amidst a cloud of scrutiny over the Defense Ministry’s procurement practices. Investigative journalists exposed that military jackets were being bought at an exorbitant $86 per unit, a stark contrast from the customary $29 price tag.

Twitter User @x LOSES Handle After Twitter Rename; Offered Tour and Merchandise as Compensation

31 July 2023 — Gene X Hwang, known as @x on Twitter since 2007, knew his username’s days were numbered after Elon Musk’s recent renaming of the platform to “X.” Upon landing from a pinball tournament in Canada, Hwang found messages notifying him that the company had taken over his handle.

Twitter explained that Hwang’s account data would be preserved and that he would receive a new username. The company offered Hwang merchandise, a tour of its offices, and a meeting with management as compensation.

The change in his account is one of the latest disruptions since Musk’s takeover and the replacement of Twitter’s blue bird logo with the letter “X.”

BULLISH on Bitcoin: Crypto Market ERUPTS in January as FEAR Turns to GREED

30 January 2023 — Bitcoin (BTC) is on track to have the best January in the last decade as investors turn bullish on crypto after a disastrous 2022. Bitcoin leads the way as it approaches $24,000, up a massive 44% from the beginning of the month, where it hovered around $16,500 a coin.

The broader cryptocurrency market has also turned bullish, with other top coins such as Ethereum (ETH) and Binance Coin (BNB) seeing substantial monthly returns of 37% and 30%, respectively.

The upturn comes after last year saw the crypto market plunge, fueled by fears of regulation and the FTX scandal. The year shredded $600 billion (-66%) from Bitcoin’s market cap, ending the year worth only a third of its 2022 peak value.

Despite the ongoing concerns of regulation, the fear in the market looks to be shifting to greed as investors take advantage of bargain prices. The rise may continue, but savvy investors will be wary of another bear market rally where a sharp sell-off will send prices back to Earth.