23% of Tesla’s Q1 earnings were from Bitcoin trading – and they would have missed earnings otherwise

Tesla’s earnings in the first quarter were $438 million. $101 million (23%) of that came from selling Bitcoin for profit. The other interesting part is that it would have been an earnings miss without the trading. Did one make the other happen? Considering the recent news about not allowing Bitcoin anymore, it’s certainly a move … Read more

”TRANSITORY”

''TRANSITORY'' pic.twitter.com/ifwoKnP8Ls — Alessio (@AlessioTMAD) May 15, 2021 Chart of the week: #inflation pic.twitter.com/KhEFnGYQ4c — jeroen blokland (@jsblokland) May 15, 2021 Good Morning from #Germany where the yield curve is the steepest in 2yrs due to inflation fears. Gerrman 2s/30s yield spread has jumped to 1.09%, the highest since Jul2019. pic.twitter.com/CcpfgWwndH — Holger Zschaepitz (@Schuldensuehner) … Read more

Facial recognition tech will lead to the destruction of humanity – here is a new app leading the way

PimEyes scans more than 900 million images across the web Privacy experts are concerned about its ‘serious privacy risks’  More than 25 searches were performed by DailyMail.com to test accuracy    DailyMail.com uploaded pictures of reports and random people  It finds results accurately and quickly for those in the public spotlight  Images that were a match … Read more

Sun Setting on U.S. Dollar’s Empire. Here’s What Happens Next

From Birch Gold Group It certainly appears that central bank controlled digital currency is gaining even more popularity. These “Fedcoins,” according to The Economist, “are a new incarnation of money. They promise to make finance work better but also to shift power from individuals to the state, alter geopolitics and change how capital is allocated.” The same piece also … Read more

China Has Landed on Mars

https://www.theverge.com/2021/5/14/22436072/china-tianwen-1-mars-landing-zhurong-rover View post on imgur.com https://www.nbcnews.com/science/space/china-becomes-only-second-nation-history-land-rover-mars-n1267410 View post on imgur.com https://www.nytimes.com/2021/05/14/science/china-mars.html View post on imgur.com https://www.theverge.com/2021/5/14/22436072/china-tianwen-1-mars-landing-zhurong-rover h/t dr0id

Supreme Court considers hearing a case on ‘most offensive word’

What a waste of time! Supreme Court considers hearing a case on ‘most offensive word’ If the justices agree, they could decide whether the use of one word alone allows an employee to sue under Title VII of the landmark Civil Rights Act of 1964. Capitol riot The word? BOY.   https://www.wkyc.com/amp/article/news/nation-world/supreme-court-consider-hearing-case-offensive-word/507-414e1ba5-2fe0-4bff-868e-7a91346644fb   h/t Goneviral

Bitcoin Let’s see! Bubbles burst! Bitcoin has zero intrinsic value (apart from being a Collector’s item). Deflationary bust and pop of equity bubble will take #Cryptos much much lower!

#Bitcoin Let's see! Bubbles burst! Bitcoin has zero intrinsic value (apart from being a Collector's item). Deflationary bust and pop of equity bubble will take #Cryptos much much lower! pic.twitter.com/SSqDxQlAzi — Henrik Zeberg (@HenrikZeberg) May 15, 2021 Crypto is currently like the art market, but for poorer people with less imagination. A “store of value” … Read more

Retail trading activity in stock and options markets ebbs after surging during pandemic – FT

Wallstreetbets mania fading away 🚀 pic.twitter.com/WqlTcJYrm0 — Menthor Q (@MenthorQpro) May 15, 2021 Retail trading activity in stock and options markets ebbs after surging during pandemic – FT pic.twitter.com/vRAOjaNZp3 — Alessio (@AlessioTMAD) May 15, 2021 https://twitter.com/NorthmanTrader/status/1393182560377839618 $spx put /call ratio pic.twitter.com/2ivQcjIXIz — Álvaro Oviedo (@alvoviedo) May 15, 2021 https://twitter.com/MFHoz/status/1392842643034488833 $spx earnings pic.twitter.com/4D9KtxgRIM — Álvaro Oviedo … Read more