Western Alliance reported a $126 mln hit via a fund that lent to the failed auto-parts maker and sued the vehicle’s manager, Jefferies. It’s one of 40 US banks where loans to the lightly regulated realm of non-bank finance exceed loss-absorbing equity, a sign of rising danger.
PDD missed EPS by 15%, stock up 4.6%. The market bought the RMB 100B supply chain pledge, not the quarter. Transaction services +19%, de minimis cliff is permanent, EU now 40% of Temu GMV. Cintas: record gross margins, guidance raised again, UniFirst acquisition pending. EPS matched
GameStop is no longer a retailer. It's a $9B cash-holding entity in a dying retail wrapper, with Ryan Cohen communicating via press release and a compensation structure that only pays out if market cap hits $20B→$100B milestones.
A one-time tax on California’s billionaires could bring the state a $100 billion windfall, staving off brutal cuts to healthcare services across the state caused by the 2025 Republican megabill. Read Full Article →
You would be right to think that Pepeto (https://pepeto.io/) could be this cycle's biggest meme exchange opportunity. The reality is that the exchange tools are already running on the Ethereum blockchain, and knowing how to buy Pepeto right now Read Full Article →
