Unusual Whales

Elon Musk has said: US national debt growth is unsustainable

Elon Musk has said: US national debt growth is unsustainable In a recently released interview, US Federal Reserve Chair Jerome Powell cautioned that the United States is traversing a perilous trajectory, marked by a staggering $34 trillion national debt that soared to unprecedented heights due to pandemic-related expenditures. Addressing the

History shows U.S. stocks falling more than 20% as Fed initiates rate cuts

History shows U.S. stocks falling more than 20% as Fed initiates rate cuts. A senior official at the US Federal Reserve cautioned on Tuesday against initiating interest rate cuts prematurely, despite recent progress made against inflation. The Fed has swiftly elevated interest rates to a 23-year peak as part

Some 43% of Gen Z and 41% of millennials say they suffer from a flawed perception of their finances, dubbed money dysmorphia

Some 43% of Gen Z and 41% of millennials say they suffer from a flawed perception of their finances, dubbed money dysmorphia, per CreditKarma. In late 2023, a novel trend emerged both online and across various social media platforms, where individuals began questioning their financial status. This trend, termed "

60% of 30- to 34-year-olds in 1993 having at least one child; today, that's plunged to 27%

60% of 30- to 34-year-olds in 1993 having at least one child. Today, that's plunged to 27%. Having a college degree is associated with increased lifetime earnings and various financial advantages. However, there is a downside: A higher proportion of young adults have student loans compared to previous

Apple, $AAPL, researchers have released a new model that lets users describe in plain language what they want to change in a photo without ever touching photo editing software

Apple, $AAPL, researchers have released a new model that lets users describe in plain language what they want to change in a photo without ever touching photo editing software, per the Verge. The collaborative effort between Apple and the University of California, Santa Barbara resulted in the development of the

January was the hottest ever

January was the hottest ever, per Bloomberg. The latest data from the European Union's climate change monitoring service Copernicus confirms that 2024 has already broken records, marking the hottest January ever recorded. According to Copernicus, the global average air temperature for January 2024 was 13.14 degrees Celsius,

Kamala Harris has said she is ready to serve as Biden faces age scrutiny

Kamala Harris has said she is ready to serve as Biden faces age scrutiny, per WSJ. In a Wall Street Journal interview published on Monday, US Vice President Kamala Harris expressed her readiness to assume leadership responsibilities amidst mounting voter concerns about President Joe Biden's age in an

45% of Gen Z and millennials are obsessed with the idea of being rich (44% and 46%, respectively)

45% of Gen Z and millennials are obsessed with the idea of being rich (44% and 46%, respectively), per CreditKarma. In late 2023, a novel trend emerged both online and across various social media platforms, where individuals began questioning their financial status. This trend, termed "money dysmorphia," refers

Uber, $UBER, Lyft, $LYFT, DoorDash, $DASH, drivers in the US to strike on Valentine's Day for fair pay

Uber, $UBER, Lyft, $LYFT, DoorDash, $DASH, drivers in the US to strike on Valentine's Day for fair pay. The impending strike marks the first since Uber and Lyft became publicly traded companies in 2019. Drivers intend to stage demonstrations outside airports and Uber offices, as indicated by two

OpenAI CEO Sam Altman seeks as much as $7 trillion for new AI chip project

OpenAI CEO Sam Altman seeks as much as $7 trillion for new AI chip project, per WSJ. According to a report from The Wall Street Journal, Sam Altman, the CEO of OpenAI, is in search of trillions of dollars in investments to revolutionize the global semiconductor industry. Altman has consistently

60% of American millennials would take a 20% salary cut for better work-life balance

With more than ten years of work experience under their belt, millennials appear to have reached a tipping point and are prepared to ease back. An astonishing 55% of millennials globally are willing to trade a substantial 20% of their salary in exchange for achieving a better equilibrium between work

A gap between men and women is occurring, per FT, in political ideology with men becoming more conservative and females becoming more liberal

A gap between men and women is occurring, per FT, in political ideology with men becoming more conservative and females becoming more liberal In nations across every continent, there has emerged a noticeable ideological divide between young men and women. Millions of individuals who inhabit the same urban areas, workplaces,

Housing is unaffordable for a record half of all U.S. renters

Housing is unaffordable for a record half of all U.S. renters, per Harvard Researchers. The State of the Nation's Housing 2023, a report published by Harvard's Joint Center for Housing Studies, reveals that a record number of American renters are facing significant financial burdens due

Nvidia, $NVDA, is now worth as much as the entire Chinese stock market

Nvidia's remarkable growth trajectory has led to a valuation equivalent to the entirety of China's stock market. According to a recent research note by Bank of America's chief investment strategist, Michael Harnett, Nvidia's market capitalization surged by $600 billion in just two

Chinese hackers infiltrated plane, train and water systems for five years

Chinese hackers infiltrated plane, train and water systems for five years. American and allied intelligence agencies, including the US National Security Agency, US cyber watchdog CISA, the FBI, and the Transportation Security Administration, revealed in a joint statement on Wednesday that an advanced Chinese hacking group targeting critical US infrastructure

Special counsel Robert Hur has declined to prosecute President Biden for his handling of classified documents, but said Biden's practices "present serious risks to national security"

Special counsel Robert Hur has declined to prosecute President Biden for his handling of classified documents, but said Biden's practices "present serious risks to national security," & added that Biden portrayed himself as an "elderly man with a poor memory." “Our investigation found evidence

Tucker Carlson Interview

Before the interview, which is available in its entirety at tuckercarlson.com, Carlson stated that his duty as a journalist is "to educate people" because "most Americans are unaware" of the situation in Ukraine. With that aim in mind, let's delve into it. Tucker

Citadel was among the hedge funds that got Morgan Stanley’s, $MS, block-trading leaks

Citadel was among the hedge funds that got Morgan Stanley’s, $MS, block-trading leaks, per Bloomberg. Morgan Stanley gave hedge funds advance as clients planned to sell enough to move market prices. Morgan Stanley paid $249 million to settle the probe. An insider at Ken Griffin’s sizable hedge fund

Google, $GOOGL, spent $2.1 billion on severance and other expenses as it laid off more than 12,000 employees over the course of 2023

Google, $GOOGL, spent $2.1 billion on severance and other expenses as it laid off more than 12,000 employees over the course of 2023, per the Verge. Despite the reductions, Google concluded 2023 with growth across most of its primary business segments. The tech giant reported $86 billion in

Putin's official financial disclosure claims he earns just $175K a year and owns a couple of apartments and a parking spot

Putin's official financial disclosure claims he earns just $175K a year and owns a couple of apartments and a parking spot, per BI. This disclosure is part of the formalities required for presidential candidates, a step Putin completed on Monday ahead of Russia's March 17 elections.

Commercial real estate loans account for 28.7% of assets at small banks, compared with just 6.5% at bigger lenders, according to JPMorgan

Commercial real estate loans account for 28.7% of assets at small banks, compared with just 6.5% at bigger lenders, according to JPMorgan,. In 2025, more than half of the total property debt coming due over that period, according to commercial real estate data provider Trepp. Regional lenders, in

The Magnificent Seven accounted for 45% of January's S&P 500 return

With a staggering $12.5 trillion market capitalization - and very likely even more following Friday's trading - the collective worth of Microsoft (MSFT), Apple (AAPL), Alphabet (GOOGL) (GOOG), Amazon.com (AMZN), Nvidia (NVDA), and Tesla (TSLA) equals the combined GDP of major global cities like New York,

Yellen: we don't have to get prices down because wages are going up

During her testimony before the Senate Banking Committee on Thursday, Yellen acknowledged that prices for most items are unlikely to revert to pre-inflation crisis levels, which emerged in 2021. "I don't anticipate prices returning to previous levels. Some prices will remain higher than pre-pandemic levels," Yellen

JPMorgan, $JPM, quant strategists have identified “a plethora of similarities” between the current rally in US stocks and the dot-com bubble

A team of quantitative strategists at J.P. Morgan has drawn comparisons between the current stock-market rally, which has propelled the S&P 500 to six consecutive record closing highs since the start of 2024, and the dotcom bubble. Led by Khuram Chaudhry, the analysts highlight the growing concentration

Aerospace Boeing, $BA, workers are demanding 40% pay raise

Aerospace Boeing, $BA, workers are demanding 40% pay raise, per Bloomberg. Bloomberg reported on Tuesday that union leaders are pressing the troubled aircraft manufacturer to raise wages by 40% over the next three to four years — and are considering strike action to advance the proposal. "Our objective is to