Gazprombank Exec Leaves Russia To Fight For Ukraine, Believes Oligarch Deaths Were Not Suicides
Igor Volubuev, an executive for Gazprombank who left Russia early in March to fight alongside Ukraine’s territorial defense forces, claims that the two recent cases of mruder-suicide by Russian oligarchs were staged. The bodies of Gazprombank vice president Vladislav Avayev, his wife and daughter were found in their Moscow apartment on April 18. The deaths, […]
Teladoc Sees Consensus Estimates Come Crashing Down After Awful Q1 Results
Last night, Teladoc Health (NYSE: TDOC) confirmed that the pandemic is seemingly over, after seeing its valuation smacked down from roughly $9 billion down to $4 billion. This comes after Teladoc reported its first quarter financial results. The company saw its revenue grow 25% year over year to $565 million, just slightly below the analyst […]
Satellite Photos Suggest Russia Has Deployed Navy-Trained Dolphins To Protect Black Sea Naval Base
Yes, dolphins. These military-trained dolphins are likely tasked to prevent Ukrainian special operations forces from infiltrating the Black Sea naval base underwater to sabotage the high-value warships docked at the Sevastopol harbor. Two sets of floating figures that appear to be dolphin pens were first spotted by H I Sutton, a writer for the US […]
Baidu Secures First-Ever Permit To Operate Driverless Taxis In Beijing
Chinese tech firm Baidu announced today that it has secured the permit to operate its driverless ride-hailing service on the streets of Beijing. The permission is the first of its kind in the city. The firm got the green light from the Beijing High-level Automated Driving Demonstration Area, which allows ten Baidu vehicles without safety […]
What Impact Will China’s Lockdowns Have On The Markets? – The Daily Dive
In the latest episode of the Daily Dive, we sit down with regular guest Todd “Bubba” Horwitz, CEO of Bubba Trading. Bubba returns to the Dive this afternoon to discuss what Elon may want with Twitter, the prospects of Joe Biden running again and what it may mean for Republicans, and the impacts of lockdowns […]
Stagflation! US Economy Unexpectedly Contracts For First Time Since 2020
Well that didn’t go as planned! America’s economy unexpectedly contracted in the first quarter of 2022, marking the first stark reversal in growth since the summer of 2020. Advanced estimates from the Commerce Department showed that GDP suddenly fell by an annualized 1.4% in the first quarter of 2022, following growth of 6.9% in the […]
Hits And Misses: Twitter Reports Q1 2022 Financials Amid Pending Elon Musk Takeover
Twitter (NYSE: TWTR) reported today its Q1 2022 financials, highlighting US$1.20 billion in quarterly revenue. This is a jump from Q1 2021’s US$1.04 billion and also US$30 million short of the estimate. The release comes on the heels of signing a definitive agreement to be wholly acquired by Tesla CEO Elon Musk at US$54.20 per […]
Sundial Growers Reports $56.1 Million In Revenue, $230.2 Million Net Loss In 2021
After a series of delays, Sundial Growers Inc. (Nasdaq: SNDL) finally reported late on Wednesday night its Q4 and full-year 2021 financial results. The firm recorded annual revenue of $56.1 million, down from 2020’s $60.9 million. Gross profit, however, jumped to a loss of $7.0 million from a loss of $49.9 million a year ago. “2021 […]
Is The Real Estate Bubble About to Burst? US Pending Home Sales Fall for Fifth Consecutive Month
Pending home sales across the US were down for the fifth straight month, signaling that what were historically high market conditions are abating as higher borrowing costs and surging home prices bite into Americans’ pocketbooks. Latest data from the National Association of Realtors shows that pending home sales slumped 1.2% between February and March, and […]
Teladoc Crashes Down 42% Following Dismal Q1 2022 Results
Teladoc Health (NYSE: TDOC) released its Q1 2022 financial results on Wednesday post-closing bell. The timing hinted at unfavorable numbers but the firm surprised the market with the extent of the decline–pulling in $6.67 billion in net loss for the quarter. The bottomline figure is a monumental decline from Q4 2021’s net loss of $428.8 million […]