Unusual Whales

Elon Musk has said he may ban all Apple devices

Elon Musk has said he may ban all Apple devices. "That is an unacceptable security violation," Musk, the CEO of electric-vehicle maker Tesla (TSLA.O), rocket maker SpaceX, and owner of social media company X, stated in a post on X. "Visitors will have to check their

Donald Trump said he’d scrap taxes on tipped earnings for hospitality workers if he wins the White House

Donald Trump announced he would eliminate taxes on tipped earnings for hospitality workers if he wins the presidency, tailoring his message to appeal to swing-state voters in Nevada as he deals with the fallout from his felony conviction. “We’re going to do that right away, first thing in office

Apple, $AAPL, has announced a calculator app for the iPad

Apple unveiled the Calculator app for iPadOS 18 at the WWDC 2024 keynote this week. iPadOS 18 will introduce a range of improvements to all compatible iPad devices, with one of the most anticipated features being the Calculator app. iPad users can now access Apple's user-friendly calculator, previously

Apple, $AAPL, has announced bold, italics, underlines, and strikethroughs to iMessage

Apple, $AAPL, has announced bold, italics, underlines, and strikethroughs to iMessage. Apple announced at its WWDC 2024 keynote on Monday that it is partnering with OpenAI to integrate ChatGPT into Siri. ChatGPT will be available for free in iOS 18 later this year without requiring an account, and Apple assures

Bank of America, $BAC, recorded the second largest sell-off of tech stocks in their history last week

The summer months typically bring calm to the markets as investors trade their desks for the beach, but not this year. The US stock market is contracting, and investors are withdrawing their money at a near-record pace as economic storm clouds loom. This means Wall Street titans might face turbulent

The US economy is headed for a recession and a wave of company failures

The US economy is headed for a recession and a wave of company failures, per Jeffrey Gundlach. Prepare for a recession and company failures as persistent inflation and high interest rates take their toll, Jeffrey Gundlach warned. The billionaire investor told Fox Business on Tuesday that the US economy will

Adobe's, $ADBE, new terms of service gives them access to all of your projects, for free

Adobe, known for Photoshop and Creative Cloud, has upset its user base with changes to its terms of service that grant it the right to access users' files and projects for content moderation purposes. According to Adobe, these changes clarify that the company "may access your content through

California fast food restaurants have cut 10,000 jobs since passing $20 minimum wage

California fast food restaurants have cut nearly 10,000 jobs due to the state’s new $20 minimum wage, as struggling franchises slash labor costs and raise prices to survive, a major trade group said Thursday. The California Business and Industrial Alliance (CABIA) criticized Democratic Gov. Gavin Newsom for implementing

Apple, AAPL, announces deal with OpenAI

Apple announced at its WWDC 2024 keynote on Monday that it is partnering with OpenAI to integrate ChatGPT into Siri. ChatGPT will be available for free in iOS 18 later this year without requiring an account, and Apple assures that user queries won’t be logged. Additionally, the popular chatbot

France’s Macron has now officially and unexpectedly dissolved the French parliament

President Emmanuel Macron dissolved the lower house of France's parliament in a surprise announcement on Sunday following the dominance of far-right parties in France and other countries in the European Parliament elections. This move sends French voters back to the polls in the coming weeks, with legislative elections

OpenAI is ‘exploring’ how to responsibly generate AI porn

OpenAI, the AI powerhouse behind ChatGPT and other leading AI tools, revealed on Wednesday that it is exploring ways to "responsibly" allow users to create AI-generated porn and other explicit content. This announcement, found in a detailed document aimed at gathering feedback on product guidelines, has raised concerns,

Making $150,000 is considered 'lower middle class' in California, Virginia, Washington, and Arizona

Making $150,000 is considered 'lower middle class' in California, Virginia, Washington, and Arizona. "In America’s most expensive cities, the bar has definitely been raised to be considered ‘middle class,’" Andrew Murray, lead content data researcher at GOBankingRates, told Fox News Digital. "To escape

"Texas is now home to more Fortune 500 companies, including Exxon Mobil, AT&T and American Airlines, than any other state"

"Texas is now home to more Fortune 500 companies, including Exxon Mobil, AT&T and American Airlines, than any other state," per WSJ. BlackRock, $BLK, and Citadel Securities fund plans to start a new national stock exchange in Texas to "take on" the New York

Americans must earn roughly $106,500 in order to comfortably afford a typical home, a significant increase from the $59,000 annual household income that put homeownership within reach for families in 2020

Americans must earn roughly $106,500 in order to comfortably afford a typical home, a significant increase from the $59,000 annual household income that put homeownership within reach for families in 2020, per Zillow. Homeownership is typically considered affordable if a buyer spends no more than 30% of their

80% of Americans say fast food is now a luxury because it’s become so expensive

A recent nonprobability survey conducted by LendingTree revealed that 78% of consumers now regard fast food as a "luxury" purchase due to the high cost of meals. Half of the respondents said they consider fast food a luxury because they are facing financial struggles. This sentiment is particularly

Two more Boeing, $BA, whistleblowers go public over plane safety

Two former Boeing employees and a key contractor have revealed to The Post that despite the deaths of two whistleblowers within two months this year, they are more determined than ever to expose what they claim are dangerous practices at the now scandal-ridden manufacturer. Roy Irvin, a veteran Boeing employee,

The U.S. Federal Reserve will cut its key interest rate in September and once more this year, according to a majority of forecasters in a Reuters poll

The U.S. Federal Reserve is expected to cut its key interest rate in September and once more this year, according to a majority of forecasters in a Reuters poll. However, there remains a significant risk that they might opt for only one cut or none at all. Economists surveyed

Mexico and the WHO has reported the world’s first human case of H5N2 bird flu in a 59 year old who has now died

The WHO reported that the 59-year-old had died on April 24 after experiencing a fever, shortness of breath, diarrhea, nausea, and general discomfort. This was the first laboratory-confirmed human case of infection with the A(H5N2) subtype of bird flu globally and the first H5 virus infection in a person

The U.S. Small Business Administration plans to unveil new government-backed credit lines of up to $5 million for small businesses

The U.S. Small Business Administration (SBA) plans to introduce new government-backed credit lines of up to $5 million for small businesses, according to SBA Administrator Isabel Casillas Guzman in an interview with CNBC. The SBA is launching a working capital pilot program in the coming months that aims to

Berkshire Hathaway's, $BRK.A, purchase of Treasury bills has been so aggressive ($158B at the end of Q1) that it now owns 3% of the entire bill market

Buffett now has $158 billion U.S. invested in Treasury Bills, or T-bills. A T-bill is a short-term debt obligation backed by the U.S. Treasury Department with a maturity of one year or less. Interest is paid on T-bills when they mature. With interest rates elevated, T-bills are currently

JPMorgan's Kolanovic says the resurgence in meme-stocks like GameStop, $GME, is a bad sign for stock market

JPMorgan's Kolanovic says the resurgence in meme-stocks like GameStop, $GME, is a bad sign for stock market. In a note on Monday, Kolanovic reiterated his bearish view on stocks even as the S&P 500 trades within 1% of its record high. The strategist has one of

The median mortgage payment in the United States hit a new record high of $2,894 per month, for May 2024

The median mortgage payment in the United States hit a new record high of $2,894 per month, for May 2024. New listings rose 9% year over year, marking the smallest increase in three months (excluding the four weeks ending March 31, 2024, when there was an artificially small decline

Bank of Canada cuts interest rates by 25 BPS, the first in the G7 to do so

Bank of Canada cuts interest rates by 25 BPS, the first in the G7 to do so. "Let's just enjoy the moment for a bit," said Governor Tiff Macklem at a press conference after announcing that the central bank had reduced rates to 4.75% from

US home prices have increased 47% since 2020

US home prices have increased 47% since 2020. Home prices have surged 47.1% since the start of 2020, far outpacing the gains seen in recent decades. According to a recent analysis by ResiClub of the Case-Shiller National Home Price Index, house prices in the 1990s and 2010s grew by

Nearly three in five Americans wrongly believe the US is in an economic recession

Nearly three in five Americans mistakenly believe the US is in an economic recession, with the majority blaming the Biden administration, according to a Harris poll conducted exclusively for the Guardian. The survey revealed persistent pessimism about the economy as election day approaches. The poll highlighted many misconceptions people have