Friday, December 6, 2024

Do Not Read This If You're an Elon Musk Hater

Elon Musk believes his new AI product will be worth an incredible $9 trillion. But the mainstream media is not buying it. Fortune called it "all smoke and mirrors" The Economist said that Elon's promises are "long on bombast and short on reality." And MarketWatch called it "a pipe dream."  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
 
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Do Not Read This If You're an Elon Musk Hater - Ad

Elon Musk believes his new AI product will be worth an incredible $9 trillion. But the mainstream media is not buying it. Fortune called it "all smoke and mirrors" The Economist said that Elon's promises are "long on bombast and short on reality." And MarketWatch called it "a pipe dream." Who is right?
A judge has once again rejected Musk's multi-billion-dollar Tesla pay package. Now what?

DETROIT (AP) — For a second time, a Delaware judge has nullified a pay package that Tesla had awarded its CEO, Elon Musk, that once was valued at $56 billion. More Info ➔
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A twice-yearly shot could help end AIDS. But will it get to everyone who needs it?

MEXICO CITY (AP) — It’s been called the closest the world has ever come to a vaccine against the virus. More Info ➔
A top Fed official leans toward December rate cut but says it depends on economic data

WASHINGTON (AP) — A top Federal Reserve official said Monday that he is leaning toward supporting an interest rate cut when the Fed meets in two weeks but that evidence of persistent inflation before then could cause him to change that view. More Info ➔
Wall St Legend: Buy This Stock Before Inauguration - Ad

This is the best election year for stocks since 1936. But according to one 50-year insider, not everything is as rosy as it seems on Wall Street... More here.
Trader Scores Over $800,000 From Crypto Airdrop: 'Thank You For The Life-Changing Wealth Generation Event'

A crypto trader has reportedly earned $800,000 worth of Hype (CRYPTO: HYPE) tokens through the airdrop of decentralized exchange Hyperliquid. More Info ➔
Zuckerberg dines with Trump in Mar-a-Lago

FORT LAUDERDALE, Fla. (AP) — Donald Trump dined on Wednesday with Meta CEO at the president-elect’s Mar-a-Lago club in Florida, bringing together the Facebook founder and the former president who was once banned from that social network. More Info ➔
Macro Guru Raoul Pal Predicts Crypto Market Cap Of $100 Trillion: 'The Architecture For The Digital Age'

Raoul Pal envisions a seismic shift in the global economy driven by technological innovation and a new political landscape. More Info ➔
Death sentence for real estate tycoon Truong My Lan upheld in Vietnam's largest fraud case

HANOI, Vietnam (AP) — The death sentence for real estate tycoon was upheld Tuesday in Vietnam's largest fraud case, the scale of which had raised concerns about the country's economy. More Info ➔
Is a Starlink IPO Coming in 2024? - Ad

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Tesla Cybertruck Crash In California Claims 3 Lives, Leaves 1 Seriously Injured

In a tragic incident early Wednesday, a Tesla Cybertruck crashed in Piedmont, California, resulting in three fatalities and one serious injury. More Info ➔
8 arrested after blast disrupts Kosovo water and power supplies

PRISTINA, Kosovo (AP) — A powerful explosion damaged a water canal and temporarily cut water and power supplies to Kosovo’s cities, the prime minister said Saturday, blaming groups supported by Serbia. At least eight people were arrested. More Info ➔
Ray Dalio's Bridgewater Adds Broadcom, Apple, SMCI In Q3, While Offloading Stake In AI Giant Nvidia And Other Big Tech Companies

Bridgewater Associates, the world's biggest hedge fund, sold top AI-linked stocks like Nvidia, Alphabet, Microsoft, Amazon, and Johnson & Johnson. More Info ➔
New Mexico appeals court upholds rule aimed at curbing ozone pollution

SANTA FE, N.M. (AP) — The New Mexico Court of Appeals has upheld regulations aimed at cracking down on emissions in one of the nation’s top-producing oil and gas states. More Info ➔
Bank of America signs again with FIFA for US-hosted Club World Cup that still has no TV deals

GENEVA (AP) — World Cup sponsor Bank of America teamed with FIFA for a second time Tuesday, signing for the Club World Cup that still has no broadcast deals just over six months before games start. More Info ➔
Financial and community hurdles slow geothermal energy development in Southeast Asia

JAKARTA, Indonesia (AP) — Providing round-the-clock energy, using minimal space and considered a clean source of power — geothermal energy seems like an ideal option for countries like Indonesia and the Philippines, where the potential is high, and governments are seeking to transition away from highly polluting fossil fuels. More Info ➔

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