GameStop (NYSE: GME) has undergone a remarkable transformation, thanks in large part to its moment in the sun as a red-hot meme stock. While the company's share price has pulled back substantially from its lifetime high of nearly $87 per split-adjusted share reached in January 2021, the stock's explosive valuation gains paved the way for the company to undertake a dramatic financial repositioning....
GameStop (NYSE: GME) has undergone a remarkable transformation, thanks in large part to its moment in the sun as a red-hot meme stock. While the company's share price has pulled back substantially from its lifetime high of nearly $87 per split-adjusted share reached in January 2021, the stock's explosive valuation gains paved the way for the company to undertake a dramatic financial repositioning. In response to soaring gains for its share price driven by short squeezes and meme-stock momentum, GameStop moved to sell new shares in order to raise funds. While the stock sales had a dilutive impact for shareholders, they had a transformative impact on the retailer's balance sheet. The share offerings allowed the company to pay down its debt and build a massive cash position. Image source: Getty Images. Continue reading
Douglas Rissing Credit markets have shown surprising resilience during the latest geopolitical flare-up, even as rising oil prices, higher bond yields and renewed investor caution rattled equities, according to a new report from Société Générale strategist Juan Esteban Valencia. Valencia on April 24 said credit spreads moved only modestly wider this week despite the continued closure of the Strait...
Douglas Rissing Credit markets have shown surprising resilience during the latest geopolitical flare-up, even as rising oil prices, higher bond yields and renewed investor caution rattled equities, according to a new report from Société Générale strategist Juan Esteban Valencia. Valencia on April 24 said credit spreads moved only modestly wider this week despite the continued closure of the Strait of Hormuz and slow-moving ceasefire negotiations in the Middle East. New bond issuance also remained active, suggesting investors still have appetite for corporate debt. “Credit is well positioned to weather the storm, provided it does not rage for too long,” Valencia wrote in the bank’s weekly credit strategy note. Strait closure keeps markets on edge The report said markets remain focused on whether shipping traffic can resume through the Strait of Hormuz, a vital route for global energy flows. If the disruption drags on, SocGen expects additional pressure on oil prices and fresh supply-chain bottlenecks. Brent crude climbed above $107 a barrel during the week, while West Texas Intermediate rose to nearly $98, according to the report. At the same time, European and U.S. stock indexes declined as investors rotated into defensive positions. Credit spreads stay contained Even with macro uncertainty building, corporate bond spreads remained relatively steady. Euro investment-grade spreads were around 92 basis points over benchmarks, while U.S. investment-grade spreads stood near the same level. High-yield markets also moved within narrow ranges. SocGen said this suggests investors still view corporate balance sheets as healthy and default risks as manageable, at least for now. Earnings offer some support Another stabilizing factor has been earnings season. Valencia noted that many companies on both sides of the Atlantic have so far beaten expectations, with earnings growth running near 20% early in the reporting period. However, he cautioned that first-quarter results may no...
A supplier issue caused Lucid (NASDAQ: LCID) to fall short of its first-quarter production and delivery goals. That's not good and it follows on similar shortfalls in the past, as the company has a habit of overpromising and underdelivering. There's a reason why the stock is trading near its 52-week and all-time low. Is this an opportunity to buy the stock while it is on the discount bin or should...
A supplier issue caused Lucid (NASDAQ: LCID) to fall short of its first-quarter production and delivery goals. That's not good and it follows on similar shortfalls in the past, as the company has a habit of overpromising and underdelivering. There's a reason why the stock is trading near its 52-week and all-time low. Is this an opportunity to buy the stock while it is on the discount bin or should you tread with caution? Building a car company is a massive undertaking, but Lucid has done just that. In fact, it increased production by over 100% in 2025. That said, it still only produced 18,378 of its all-electric vehicles in 2025, which is tiny relative to its peers in the highly competitive automotive sector . Image source: Getty Images. Continue reading
In this video, I will discuss my predictions for SoFi 's (NASDAQ: SOFI) first-quarter earnings report. Watch the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were from the trading day of April. 22, 2026. The video was published on April. 22, 2026. Continue reading
In this video, I will discuss my predictions for SoFi 's (NASDAQ: SOFI) first-quarter earnings report. Watch the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were from the trading day of April. 22, 2026. The video was published on April. 22, 2026. Continue reading
In this video, I will go over the market's expectations for the following companies reporting earnings on April 29. Meta Platform (NASDAQ: META) , Google , Amazon , Microsoft , and SoFi . Watch the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were from the trading day of April. 21, 2026. The video was published on April. 21, 2026. Cont...
In this video, I will go over the market's expectations for the following companies reporting earnings on April 29. Meta Platform (NASDAQ: META) , Google , Amazon , Microsoft , and SoFi . Watch the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were from the trading day of April. 21, 2026. The video was published on April. 21, 2026. Continue reading
After the recent earnings report and update, the debate over Tesla (NASDAQ: TSLA) stock is only going to intensify. There was something for the bulls and the bears in the report, but, surprisingly, it undercut each side just a bit. Confused? I'll explain. In general, the bullish and bearish debate over Tesla has always been about what matters more: today’s numbers or tomorrow’s possibilities. The ...
After the recent earnings report and update, the debate over Tesla (NASDAQ: TSLA) stock is only going to intensify. There was something for the bulls and the bears in the report, but, surprisingly, it undercut each side just a bit. Confused? I'll explain. In general, the bullish and bearish debate over Tesla has always been about what matters more: today’s numbers or tomorrow’s possibilities. The bears argue that Tesla is essentially a car company. They place a higher weighting on numbers now, such as electric vehicle (EV) sales and full self-driving (FSD) subscriptions, while holding fire on pricing in robotaxi or Optimus revenue until it starts to become -- or at least appear -- tangible on the horizon. Continue reading
In this video, I go through the 5 stocks I'd buy immediately if the market drops again. Watch the short video to learn more, consider subscribing, and click the special offer link below.
In this video, I go through the 5 stocks I'd buy immediately if the market drops again. Watch the short video to learn more, consider subscribing, and click the special offer link below.
The creator of The Responder’s new offering is the tale of two casino employees robbing their workplace. It’s a perfectly plotted thriller but it’s also so much more than that Four years ago, Tony Schumacher, a former taxi driver and police officer turned novelist, made his television writing debut with The Responder. It was a five-part series starring Martin Freeman as a police officer on the edg...
The creator of The Responder’s new offering is the tale of two casino employees robbing their workplace. It’s a perfectly plotted thriller but it’s also so much more than that Four years ago, Tony Schumacher, a former taxi driver and police officer turned novelist, made his television writing debut with The Responder. It was a five-part series starring Martin Freeman as a police officer on the edge of a breakdown, his mental, emotional and physical resources worn away every night by the ceaseless tide of crime – swelled by misery, desperation and selfishness – that he and his colleagues are supposed to be turning. It was a drama that dissected just about every social and psychological issue that drives our despair, and dared you not to look away. It was profoundly compassionate, harrowing and brilliant. Which makes it a lot to live up to. Schumacher’s new offering, The Cage, however, does so. Ostensibly it is the tale of the robbery of a casino by two of its employees, cashier Leanne (Sheridan Smith) and manager Matty ( Michael Socha ). In reality it is, like The Responder, an astonishing, deeply angry, deeply moving state-of-the-nation piece merely masquerading as a mesmerising, perfectly paced and plotted thriller. Continue reading...
Roughly three years ago, Goldman Sachs Group Inc. looked like it had an edge in Wall Street’s race to master quantum computing. The banking giant had assembled a handful of highly specialized scientists and partnered with Amazon.com to figure out how the nascent technology could be used to juice better returns for its raft of wealthy clients. They were shocked by what they found. Goldman’s researc...
Roughly three years ago, Goldman Sachs Group Inc. looked like it had an edge in Wall Street’s race to master quantum computing. The banking giant had assembled a handful of highly specialized scientists and partnered with Amazon.com to figure out how the nascent technology could be used to juice better returns for its raft of wealthy clients. They were shocked by what they found. Goldman’s researchers discovered they would have to run an algorithm for millions of years in order to solve the problem. What’s more, the processor would need to have at least 8 million so-called logical qubits — a set of quantum bits that form the building blocks of quantum computers. Current machines consist of fewer than 100. Shortly after, Goldman’s quantum team evaporated amid the bank’s widespread cost cutting program. While it now employs next to none, its rival JPMorgan Chase & Co. , on the other hand, has persisted with a team of well over 50 physicists, computer scientists and mathematicians, exploring applications in optimization problems , machine learning and cryptography . The contrast between the two of the world’s largest lenders is emblematic of the split among global financial firms debating ways to harness what’s touted to be the next big thing after artificial intelligence. Experts say quantum computing can reshape areas ranging from new drug discovery to machine learning and risk modeling in finance, with the potential to add billions of dollars in revenue. But it’s also thought to be still years away from offering many practical solutions, raising questions about its near-term value. Unlike pharmaceutical, defense or material sciences firms — which appear to have a clearer understanding of where they would like to use quantum computing — banks, insurers and asset managers are chasing fixes to a myriad of complex problems: transaction fraud, risk management, how to maximize returns from a portfolio and asset price prediction, to name just a few. The wide array of issue...
AndreyPopov/iStock via Getty Images Investors are heading into a pivotal week for global monetary policy, with the world’s leading central banks set to deliver interest-rate decisions against the backdrop of rising geopolitical tensions and renewed inflation concerns, Bloomberg News reported Sunday. The Federal Reserve, European Central Bank, Bank of Japan, Bank of England and Bank of Canada are a...
AndreyPopov/iStock via Getty Images Investors are heading into a pivotal week for global monetary policy, with the world’s leading central banks set to deliver interest-rate decisions against the backdrop of rising geopolitical tensions and renewed inflation concerns, Bloomberg News reported Sunday. The Federal Reserve, European Central Bank, Bank of Japan, Bank of England and Bank of Canada are all scheduled to meet, creating a rare moment when every Group of Seven central bank is simultaneously weighing policy for economies that collectively represent roughly half of global output. Markets broadly expect officials to leave rates unchanged, but attention will focus on how policymakers describe inflation risks tied to the U.S.-Iran conflict and higher energy prices. Any indication that central bankers are prepared to maintain restrictive policy for longer, or even tighten further, could pressure government bonds. Sovereign debt has lagged equities and credit markets in recent weeks as investors largely looked through the conflict and continued buying risk assets. Amy Xie Patrick of Pendal Group said policymakers have little downside in sounding firm on inflation now, particularly given the uncertain outlook for oil prices and broader price pressures. She said she has removed duration exposure from her portfolio this month. Bond markets have remained unusually calm despite the geopolitical backdrop. Yields on short-dated notes in major markets have stayed relatively elevated, while day-to-day moves in one- to three-year maturities have been smaller than in March. Some investors believe that calm could end if policymakers adopt a more forceful tone this week. Stephen Miller, formerly of BlackRock in Australia and now a consultant at GSFM, said central banks remain wary of underestimating inflation after the policy mistakes made during the pandemic, when many officials initially described price pressures as temporary. In the United Kingdom, Bank of England officials ha...
Will the Left Make The WHCA Dinner Shooter A Hero? There was a lot of confusion in the initial hours after the shooting at the White House Correspondents Association Dinner at the Washington Hilton on Saturday night. But it soon became clear that the suspect, Cole Allen, a 31-year-old teacher from Torrance, California, had rabid anti-Trump views and was there to target Trump administration officia...
Will the Left Make The WHCA Dinner Shooter A Hero? There was a lot of confusion in the initial hours after the shooting at the White House Correspondents Association Dinner at the Washington Hilton on Saturday night. But it soon became clear that the suspect, Cole Allen, a 31-year-old teacher from Torrance, California, had rabid anti-Trump views and was there to target Trump administration officials. While the usual suspects on the left are issuing standard statements condemning violence, there’s a real concern that the left will lionize Allen. And even former Obama official and current CNN pundit Van Jones is concerned about it. " I'm starting to worry about something ,” Jones said. “ Which is that the shooter survived, which means on Monday he's going to court, which means there is a danger that people try to make him some sort of hero. " He wasn't being paranoid. He was being prescient. And he didn't stop there. " You watch what happened with Luigi, who shot a CEO to death, and somehow became a hero ," Jones continued. " So, they said tonight you saw the worst of America. You saw the best of America. Tonight, you definitely saw the best of America. I hope on Monday we don’t see the worst again. I just want to say very clearly — this kind of despicable behavior has no place in America. It has no place on the right. It has no place on the left.” He added, “This kind of behavior has no place in America. And it is wrong. Violence is not the way to resolve any grievances. And this cheerleader culture for violence, for people who think that the answer to our problems is to go shooting billionaires or going to synagogues or all these different things, has to be called out immediately. The minute it starts, every single person with the platform must denounce it, or we’re going to see this again.” CNN Van Jones actually gets things right regarding the WHCD shooter. pic.twitter.com/wySCKHz5hv — Scott Adams (@scottadamsshow) April 26, 2026 When Luigi Mangione was arrested i...