On Wire

Breaking news, updates, and reports on current events.

‘Big Short’ investor reveals bet against Apple stock

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Michael Burry’s Scion Asset Management placed a bearish wager against Apple stock last quarter. “The Big Short” investor bought a bunch of stocks including Alphabet, Meta Platforms, and Discovery. The purchases helped to more than double the value of Scion’s US stock portfolio to $165 million. Michael Burry, the investor of “The Big Short” fame, … Read more

Elon Musk slams Biden: ‘The real president is whoever controls the teleprompter

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Musk, who said he has voted “overwhelmingly for Democrats,” slammed the Democratic Party and Biden in particular. He suggested that Biden is something of an empty suit. “The real president is whoever controls the teleprompter,” the Tesla CEO said. “The path to power is the path to the teleprompter.” “I do feel like if somebody … Read more

Donald Trump Is Back On Twitter

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Donald Trump is reposting his Truth Social messages with a new profile on Twitter. (Photo: Brandon Bell via Getty Images) Former President Donald Trump is back on Twitter. He’s reposting all of his messages from his own operation, Truth Social, under the new Twitter profile “President Donald J. Trump’s Truth Social Posts.” The description for the account @PresTrumpTS adds: … Read more

Twitter is about to get wrecked

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by williet12 TLDR: It’s going to come out in the near future that Twitter has been MASSIVELY underestimating their spam/bot accounts. The price is going to tank, and Elon Musk will renegotiate at a much cheaper price. For those out of the loop on the recent events regarding Musk/twitter. Musk has put the deal “on hold” until her … Read more

A Policy Mistake Is Looming Larger On The Horizon. Momentum For A Rate Hike Is Building, But So Are The Odds Of A Recession. It Appears We’ve Hit An Iceberg…

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The #euro spikes as #ECB Governing Council member #Knot suggests a 50 basis point hike is on the table if #inflation worsens. A policy mistake is looming larger on the horizon. Momentum for a rate hike is building, but so are the odds of a #recession. pic.twitter.com/tKtqAbB8BD — jeroen blokland (@jsblokland) May 17, 2022 FED'S … Read more

LEFTISM’S ENDGAME: Could It Happen Here? 200 Dead, as Sri Lanka Literally Runs Out of Gas.

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Sri Lanka went woke and now it’s gone broke with enough gasoline to last “for a single day.” “The Ministry of Finance” of the Democratic Socialist Republic “is finding it difficult to raise $5 million required to import gas,” new President Ranil Wickremesinghe told his hungry and broke nation on Monday. The people of Sri Lanka are … Read more

Malaysia records 31,661 hand, foot and mouth disease cases, 15 times higher compared to last year

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KUALA LUMPUR, May 17 — Malaysia has recorded 31,661 cases of hand, foot and mouth disease (HFMD) — 15 times the amount that was recorded within the same period last year. Last year, the country only recorded 2,121 in the same epidemiology week report. Health director-general Tan Sri Dr Noor Hisham in a statement today … Read more

MIT, Harvard scientists find AI can recognize race from X-rays — and nobody knows how

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A doctor can’t tell if somebody is Black, Asian, or white, just by looking at their X-rays. But a computer can, according to a surprising new paper by an international team of scientists, including researchers at the Massachusetts Institute of Technology and Harvard Medical School. The study found that an artificial intelligence program trained to … Read more

Can’t stop trading Stock/Options? You may be addicted

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by Delicious_Reporter21 Addiction is the inability to stop consuming a chemical or pursuing an activity despite causing harm. Very much the same happens to people who trade. Can we define trading addiction as a crossing a line between being passionate about investing and losing the ability to stop trading. The problem focuses on the brain and … Read more

LIFE IN THE BLUE ZONES: “I live in Los Angeles. Everyday I witness filth and disease laden encampments. What I see with my own eyes are people living in squalor.”

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“… who are either drug addicted or mentally ill. Los Angeles does not have an affordable housing problem nearly as much as a mental health and drug addiction crisis. The status quo is not acceptable. It is hardly humane to enable people to suffer in illness and addiction as if it is somehow that’s a … Read more