Here’s another wild example of the weapons-grade stupidity of the South African government.
The Gauteng provincial government will today make a second payment of R3.37 billion towards the now defunct e-toll’s debt.
Just to be clear, the Gauteng Department is paying this debt to
Ever heard of the PayPal Mafia?
They didn’t just build PayPal. They went on to build everything else.
This legendary crew—including 7 billionaires like Elon Musk and Peter Thiel—went on to create giants like Tesla, LinkedIn, and Reddit, leaving behind a $2 trillion empire.
The Great Inversion is finally upon us. Get out while you still can. When the wealthiest top 0.00001% quietly unload their bags onto the 99.99% of retail sheep, it’s not a market, it’s a transfer. And it always marks the top.
Over the last week, 198 of the top 200 insider trades
Yesterday, European Tech declared war on Silicon Valley.
A tiny Dutch company that controls every advanced chip just bet $1,500,000,000 on France's top AI startup.
Here's why this move could reshape who REALLY dominates: 🧵
Tomorrow is the big day:
At 10:00 AM ET, the US will be releasing its preliminary revision for jobs data in the 12 months ending March 2025.
Estimates range from -450,000 to -950,000 jobs set to be revised OUT of already reported data.
We will be breaking it down real-time.
2020 to 2025
Inflation = 28% over 5 years
Electricity increased by 68%!!
Water increased by 50%!!
This is criminal and destructive! We can not allow another increase in electricity and water! It is destroying South Africans!
U.S. JOB GROWTH OVERSTATED BY 911,000, BLS SAYS
The Labor Department said the U.S. added 911,000 fewer jobs in the year ending March 2025 than previously reported, cutting the monthly average from 147,000 to about 71,000.
The figure is a preliminary revision based on state tax
BREAKING: August PPI inflation FALLS to 2.6%, below expectations of 3.3%.
Core PPI inflation fell to 2.8%, below expectations of 3.5%.
Month-over-month PPI inflation was NEGATIVE for just the 2nd time since March 2024.
Rate cuts are on their way.
Do you want to be a successful academic? Here is what you do:
1. Get that PhD, it is the licence to practice
2. Get published in high impact factor journals
3. Focus on making impact internationally, because a prophet is never welcomed in their own hometown.
#TheSuccessFactor
So does this mean the IREN and CIFR should each be able to sign $200B deals for their 3GWs they have coming online in the next 12 months? Not bad for a $9B and $4B market cap company respectively!
Tech stocks effectively are the stock market:
Technology stocks now reflect a record 37% of the total US stock market.
That share has doubled in just 5 years.
It also now exceeds the 2000 Dot-Com Bubble peak by 4 percentage points.
Meanwhile, tech stocks’ weight as a % of
[BREAKING NEWS]
Constitutional Court ruling: Husbands are now allowed to adopt their wives’ surnames. Sections of the Births and Deaths Registration Act have been declared unconstitutional.