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30.01.26 - 00:36
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Why Is There So Much Oil? (Bloomberg)
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In this weekly documentary, Bloomberg Originals explores how the world got to this strange place of oversupply and what it means for the future....
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30.01.26 - 00:33
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Apple Rises After Shocking China Sales Beat Offsets US Revenue Miss (ZeroHedge)
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Apple Rises After Shocking China Sales Beat Offsets US Revenue Miss
Ahead of today's AAPL earnings report, we've had a very mixed picture from Mag 7 earnings so far: first, there was Microsoft, which crashed after its capex forecast unexpectedly jumped, then there was META, which soared after its capex forecast unexpectedly jumped (only in this case the company made up for it by pretending its ad revenue will also increase almost dollar for dollar with the new capex), and then there was TESLA which first dropped, then jumped, then dropped as the market digested the company's complete conversion from an auto company (now without the S and X models) and into a robotaxi "story" stock. As such, many are looking to AAPL to break the tie when it reports at 3pm today.
But before we look at the numbers, here's what Wall Street is expecting:
Revenue estimate $138.4 billion
Products revenue estimate $107.69 billion
Mac revenue estimate $9.13 billion
IPad revenue estimate $8.18 billion...
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30.01.26 - 00:33
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Kremlin Exasperated As Key Nuclear Treaty Expires Next Week, Crickets From US Side (ZeroHedge)
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Kremlin Exasperated As Key Nuclear Treaty Expires Next Week, Crickets From US Side
Russia says it has tapped Washington on the shoulder many times related the the last remaining nuclear treaty between to the well-armed superpowers, but there have been crickets.
Moscow on Thursday reaffirmed it hasn't heard anything and is still eagerly awaiting a response from Washington to President Vladimir Putin's proposal to informally extend New START for another year. Presumably even if Trump officials have publicly signaled their willingness, a firm bilateral commitment has to be reached, with clear and open communication.
Kremlin.ru/Creative Commons
Kremlin spokesman Dmitry Peskov warned reporters that the impending expiration of the pact on February 5 could create a "serious gap" in the legal framework controlling strategic nuclear weapons.
With the clock ticking, Moscow's proposal underscores growing fears that, absent an extension, the world could face a nuclear arms vacuum between ...
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30.01.26 - 00:33
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"Bananas And Rice" Woman Arrested By DHS For Rioting In Minneapolis (ZeroHedge)
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"Bananas And Rice" Woman Arrested By DHS For Rioting In Minneapolis
In an effort to crack down on violent rioters in Minneapolis, MN, federal authorities have arrested 16 people identified as alleged participants who assaulted ICE agents in order to obstruct them from carrying out deportation arrests.
One of the suspects is Nasra Ahmed, 23, of Minnesota, who rose to national notoriety after remarks she made during a Jan. 21 news conference comparing Somali American identity to a cultural mix she described as “bananas and rice,” a phrase that quickly spread across social media.
A child of Somali migrants, Ahmed claimed during a press conference that she had been wrongly detained (kidnapped) by ICE agents simply for being Somali in the vicinity of an ICE operation. She also claimed that she had been held for two days without reason and that agents "brutalized" her and called her "racial slurs" during interrogation. Democrats and the far-left media se...
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