On Wire

Breaking news, updates, and reports on current events.

Come And See The Violence Inherent In The Leftism

by

Patti LuPone defends violent attack on Rand Paul: Sen. Paul suffered six broken ribs and damaged lungs after Rene Boucher, his neighbor, tackled him from behind in 2017. Paul also endured pneumonia following the attack. The Senator successfully sued Boucher, earning more than half million dollars as a result. Then again, according to LuPone, maybe … Read more

California Is Launching a Creepy “Cradle to Career” Data System to Track EVERYTHING About Children

by

by Daisy Luther Just in case we haven’t provided you with enough creepy dystopian news lately, the nation’s leader in Creepy Dystopia, California, has a brand new program. The “Cradle to Career Data System” will study and document everything about a child born in the state. But don’t worry, it’s for your children’s own good. … Read more

Big Tech Claims It’s Not Choking Competitors, but Data Suggests Otherwise

by

via adweek: Some of the biggest household names in tech—Facebook, Google, Apple and Amazon—faced the ire of lawmakers and regulators in Washington, D.C. earlier this week during the largest antitrust hearing in decades. Questions focused on market power and accused the companies of various practices—from buying out smaller firms to reshaping algorithms—that leave other tech and … Read more

Charts: Everything That Disney Owns

by

via anewspost: The Walt Disney Company has been furiously acquiring various entertainment studios and businesses in recent decades, and has just expanded its media empire with the acquisition of Fox. As a part of the FOX deal, Disney acquired, Fox Family and Fox Animation, Twentieth Century Fox, Fox Searchlight Pictures, and Fox 2000 Pictures; Fox’s television creative units, … Read more

Field of methane bubbling plumes discovered off North Carolina coast

by

Two sources of same info. https://strangesounds.org/2019/07/north-carolina-methane-field-activity-video.html “Evidence of a “seep field” off the island was first detected on sonar in 2012, but the expedition this month marked the first time visual proof was established that the seeps remains active and plentiful, officials said.” or Start at 1:55 to skip all the intro stuff.   h/t IJumpInIt

Is an armed society a safe society?

by

by Fabius Maximus Summary: As the gun lobby moves from the expanding the right to concealed carry to the open carry of guns, let’s examine the stories about guns that so many believe. This is one of the beliefs that form the foundation of the New America being built by Republicans on the ruins of the America-that-once-was, overturning a century … Read more

Why The Fed Could Cut By 50bps & Why It Won’t Matter

by

by Lance Roberts Market Review & Update Last week, we laid out the bull and bear case for the market: The Bull Case For 3300 Momentum Stock Buybacks Fed Rate Cuts Stoppage of QT Trade Deal The Bear Case Against 3300 Earnings Deterioration Recession No Trade Deal/Higher Tariffs Credit-Related Event (Junk Bonds) Mean Reversion Volatility / … Read more

Netflix loses $17 billion in one day, 126,000 subscribers in second quarter

by

via Yahoo: It was a record-setting day in the worst way for Netflix on Thursday, with the streaming giant’s valuation dropping $17 billion after the company reported disappointing second quarter subscriber growth after the market close on Wednesday. Netflix’s stock slumped 10.3% to $325.21 per share during Thursday trading, marking its worst single-day percentage drop … Read more

US Stock Market Showing Tech-Bubble Divergence

by

By Chris Puplava, FS The technical picture of the US stock market isn’t all that healthy right now. In fact, the only other time we have seen divergences in breadth this large was during the blow-off years of the tech bubble. Bottom line: Breadth levels are warning of a possible market top. Let’s first start … Read more