Investors are continuing to offload Nvidia stock, causing the chipmaker's shares to drop by 4% on Friday. The stock is poised to finish the week down by 14% following news of an antitrust investigation. At present, Nvidia's stock price is hovering around $100 per share, a critical technical milestone closely monitored by analysts. Post-Earnings Decline Nvidia's stock price … [Read more...]
OnlyFans Users Spent $6.6 Billion on Creators in 2023
OnlyFans users contributed a whopping $6.6 billion towards supporting their favorite creators in 2023, showcasing the platform's growing popularity as more fans signed up to access exclusive content and messages. Revenue Growth and Financial Performance OnlyFans' parent company, Fenix International, recently disclosed its annual financial results for the 2023 fiscal year, revealing a … [Read more...]
The Real Stories of the 2024 Olympics: Unveiling the Highlights
Behind the Scenes in Paris The 2024 Olympics have come and gone, but The Real News' Dave Zirin was on the ground in Paris, covering the stories corporate media wouldn't touch. From Paris activists' struggles against homeless sweeps to the Palestinian delegation's journey, Zirin and Jules Boykoff offer a special recap in the Edge of Sports. Good, Bad, and Ugly Moments From the … [Read more...]
Subway Showdown: Switchblade vs. Penis
Standoff Underground In a tense scene on a Chicago subway, a switchblade-wielding rider faced off against a penis-wielding rider, causing panic among commuters. Witness Gary Sanborn described the standoff as a brewing confrontation that escalated quickly, with passengers trying to distance themselves from the unfolding drama. Clashing Weapons As the two riders locked eyes, tension filled the … [Read more...]
Elon Musk STUNS The Audience With Shocking Truth In Interview!
Elon Musk has enjoyed a long career for innovation. The company he founded was Zip2 in 1999. The company was bought in 2001 by Compaq at the end of 2001. In 2002, he launched X.com, which became PayPal later in the year 2004. In 2006, he established Tesla Motors, which went to the public market in 2010. In 2013, he launched SpaceX that is currently developing rockets as well as spacecraft. Elon … [Read more...]
Nvidia’s Revenue Dependency on Four Customers Raises Concern Among Investors
Concerns arise as nearly half of Nvidia's $30 billion revenue in the second quarter is attributed to just four customers, as reported by a tech analyst. Unusual Revenue Concentration A tech analyst from D.A. Davidson highlighted the anomaly of such a high revenue concentration for a mega-cap company like Nvidia. The company's second-quarter revenue surpassed expectations, with 46% … [Read more...]
The Impact of Leaving Big Tech: A Personal Journey
After a decade in the Big Tech industry, I made the decision to walk away. The transformation I witnessed within this sector prompted me to seek out avenues where I could make a more significant difference. A Shift in the Tech Industry Former employees of Big Tech companies have experienced multiple layoffs in recent years, leading to a realization that the industry has transitioned from a focus … [Read more...]
Advertisers Cutting Spending on X Due to Elon Musk’s Controversial Decisions
Major brands are reevaluating their advertising strategies on X as Elon Musk's controversial decisions continue to impact the platform. Impact of Elon Musk's Policies Elon Musk's tolerance for what he deems as "toxic content" on X has prompted advertisers to reconsider their investments. Market research conducted by Kantar revealed that over a quarter of advertisers are … [Read more...]
Molson Coors Scraps DEI Initiatives Following Conservative Backlash
Molson Coors is the latest company to bow down to pressure and pull back on its Diversity, Equity, and Inclusion (DEI) initiatives. Conservative activist Robby Starbuck's criticism has led to Molson Coors joining the list of companies scaling back on their DEI programs. This move by Molson Coors comes after facing backlash from Starbuck, who has been actively campaigning against companies' … [Read more...]
Kamala Harris Humiliated as Elon Musk Notices This About Her & Dems
Elon Musk has enjoyed many years of experience as an innovator. He started his first company Zip2 in 1999. It was acquired in 2001 by Compaq during 2001. In 2002 he founded X.com and it was later renamed PayPal later in the year 2004. In 2006, he founded Tesla Motors, which went to the public market in 2010. In 2013, he launched SpaceX that is currently developing rockets and spacecraft. Elon … [Read more...]
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