Unusual Whales - Unusual Whales (Page 266)

Unilever CEO Says Prices Might Not Have Reached Their Peak Despite Inflation Cooldown

Per CNBC The CEO of Unilever shares his thoughts on how the market has passed the peak of inflation, but prices have not yet hit the highest point. Alan Jope, the company's CEO, highlighted how "input cost pressure" was rising. The Unilever CEO shared that despite

tesla

Tesla Shareholder Tencent Says the EV Company will Continue to Perform Well Despite Elon Musk's Distractions

Per CNBC One major concern by Tesla investors when CEO Elon Musk decided to acquire Twitter for $44 billion was whether the CEO would be too distracted with his new venture to handle the EV company. Tencent, a company shareholder, shared their positive thoughts on Tesla, saying it would "

China

China Hit 7 Million Daily COVID Infections in Early January but Now, CDC Say Cases Drop 72% from Peak

China previously hit 7 million daily COVID infections on Dec 22, and a recent report by the CDC says that the cases dropped by 72% from the peak almost a month later. The country's death rate has reportedly also dropped to low levels. As for deaths, China reported

blockfi

Bankrupt BlockFi had $1.2 Billion in Assets Tied to Sam Bankman-Fried

Per CNBC BlockFi previously filed for bankruptcy and was among the multiple crypto firms affected by the demise of FTX. Financial documents revealed that there was actually $1.2 billion in assets tied to Sam Bankman-Fried through FTX and Alameda Research. The company filed for Chapter 11 bankruptcy after it

Google Split

Google Starts Massive Layoff Plan by Letting Go of 1,800 Employees in California

Per CNBC Google previously announced its plans to lay off 12,000 employees from multiple locations following other massive layoffs in the tech industry. The company is starting in its home state of California, and the first round of layoffs saw the exit of 1,800 employees. Alphabet's

Walmart, WMT, increases average hourly wage to more than $17.50

Walmart, WMT, increases average hourly wage to more than $17.50. Walmart U.S. CEO and President John Furner said "starting next month, we’ll begin investing in higher wages for associates." He added: "This includes a mixture of associates’ regular annual increases and targeted investments in

Biden has said: I won't let Republicans wreck the economy.

Biden has said: I won't let Republicans wreck the economy. He said this with Democratic leaders in Congress. “I love their 30 percent sales tax,” Biden said. “We want to talk a lot about that, but, look, I have no intention of letting the Republicans wreck our economy,

A number of Ukrainian officials, including the Ukrainian deputy defence minister, have resigned over the last four days amid corruption allegations of financial impropriety

A number of Ukrainian officials, including the Ukrainian deputy defence minister, have resigned over the last four days amid corruption allegations of financial impropriety, per Reuters. "Any internal problems that interfere with the state are being cleaned up and will be cleaned up. This is only fair, it is

US Senator Josh Hawley plans to introduce bill to ban TikTok nationwide

US Senator Josh Hawley plans to introduce bill to ban TikTok nationwide. Notably, there is already a ban federally on government-owned devices. "TikTok is China's backdoor into Americans' lives. It threatens our children's privacy as well as their mental health," Hawley said on

Hindenburg Research has said it will release a report on what they strongly suspect to be the largest corporate fraud in history

Hindenburg Research has said: Soon we will release a report on what we strongly suspect to be the largest corporate fraud in history. The report is about Adani Group, entitled "How The World’s 3rd Richest Man Is Pulling The Largest Con In Corporate History ." They have said:

CEO of ChatGPT maker responds to schools' plagiarism concerns: 'We adapted to calculators and changed what we tested in math class'

CEO of ChatGPT maker responds to schools' plagiarism concerns: 'We adapted to calculators and changed what we tested in math class.' In an interview, he said that while plagarism was a concern, CEO Sam Altman said in an interview that OpenAI will devise ways to identify chatGPT

Janet Yellen has told the IRS not to use the additional resources to increase audit rates for American families earning less than $400,000 annually

Janet Yellen has told the IRS not to use the additional resources to increase audit rates for American families earning less than $400,000 annually. Yellen told IRS Commissioner Charles Rettig in a letter released by the Treasury Department that any new IRS personnel "shall not be used to

Senator Josh Hawley has introduced the Pelosi Act, a bill to ban stock trades by lawmakers and spouses

Senator Josh Hawley has introduced the Pelosi Act, a bill to ban stock trades by lawmakers and spouses. Pelosi stands for: Preventing Elected Leaders from Owning Securities and Investments Act. “Members of Congress and their spouses shouldn’t be using their position to get rich on the stock market,” Hawley

The Doomsday Clock has moved to 90 seconds before midnight, the closest it has ever been

The Doomsday Clock has moved to 90 seconds before midnight, the closest it has ever been. The science and security board of the Bulletin of the Atomic Scientists said the move — the closest to widespread calamity humanity has ever been judged to be — was "largely, though not exclusively"

SEC staff is reviewing trading activity at NYSE open, numerous stocks halted

SEC staff is reviewing trading activity at NYSE open, with numerous stocks halted at open. They include: - Walmart, $WMT - McDonalds, $MCD - AMC, $AMC - Nike, $NKE - Uber, $UBER - Palantir, $PLTR And many more. Many of the companies impacted resumed trading before 9:45 a.m.

senator

Senator Krysten Sinema Shuts Down Bill that Could've Shut Down Private Equity Tax Loopholes

Per More Perfect Union Senator Krysten Sinema has reportedly shut down a bill that would have effectively closed private equity tax loopholes. Shortly after, she received over half a million in donations from big money. Senator Sinema received $526,000 in donations from hedge funds, private equity, and venture capital.

fda

FDA Annual COVID Shots Plan Outlined: Single Dose Every Fall

Per NYT The Food and Drug Administration just outlined a plan that could see Americans getting a new shot of the COVID booster vaccine every fall. This plan took scientists, including FDA advisors, by surprise. The plan could include two COVID shot uses a year for certain groups more vulnerable

openai

OpenAI's ChatGPT Passes Wharton's MBA Exam in Professor's Experiment

Per NBC News ChatGPT, an AI tool developed by OpenAI, has just passed Wharton's final exam for its Masters of Business Administration (MBA) program. The test was done by a professor who noted that the tool achieved flying colors and even outperformed other students at the University of

Apple

Apple Spent Seven Years Developing Its Mixed-Reality Headset: iOS 3D Version Being Attempted

Per Bloomberg Apple has a team of 1,000 individuals that spent seven long years working on what is being called the company's "mixed-reality headset." An iOS 3D version is being attempted to bring eye- and hand-tracking systems to life. The report notes that the upcoming

sweden

Finland and Sweden are Ready to Join NATO Alliance, Says US: Country Gets In Without Support from Turkey

Per Reuters The US says that Finland and Sweden are now ready to join the North Atlantic Treaty Organization (NATO) alliance even after Turkey announced that it would not support the decision. The approval comes a year after both countries filed to join following the invasion of Ukraine. In an

Janet Yellen says the Fed will not produce a $1 trillion Treasury platinum coin to keep the US from a debt default

Janet Yellen says the Fed will not produce a $1 trillion Treasury platinum coin to keep the US from a debt default. There has been a #MintTheCoin plan, where the White House would have the US Mint issue a $1 trillion platinum coin. This then would be deposited at the

Jeff Bezos has said he would sell the Washington Post to buy the NFL Team the Commanders

Jeff Bezos has said he would sell the Washington Post to buy the NFL Team the Commanders, per NYP. Initially the NYP suggested this, pointing to chatter surrounding the purchase. Dan Synder reportedly suspects Bezos, who bought the Washington Post in 2013 for $250 million, encouraged the tough coverage in

Texas universities have blocked access to TikTok on campus Wi-Fi networks

Texas universities have blocked access to TikTok on campus Wi-Fi networks. Among them include the University of Austin. This is in response to Governor Greg Abbott's directive that requires all state agencies to remove the app from government-issued devices. University of Texas Austin has said: “The university is

Kyrsten Sinema received more than $40,000 from private equity after killing a bill closing tax loopholes for private equity

Kyrsten Sinema received more than $40,000 from private equity after killing a bill closing tax loopholes for private equity, per More Perfect Union. See their original article: https://perfectunion.us/sinemas-private-equity-donations-keep-flowing-after-saving-tax-loophole/ Sinema’s leadership PAC, named Getting Stuff Done, disclosed paying an “event catering” bill on October 26 to

The US Justice Department to sue Google, GOOGL, as soon as tomorrow

The US Justice Department is poised to sue Google, GOOGL, as soon as tomorrow over the search giant’s dominance in the digital advertising market. This is the second case against Google recently. Google is number 1 in the digital ad market, worth $626.86 billion, with expected revenue as