Carvana hit a new all-time low today, down 98% from its peak in August 2021 and 56% below its IPO pricing in April 2017. $CVNA Charting via @ycharts https://t.co/7GDyqG7EUh
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FedEx has cut some flights and parked planes to curb costs in the face of weak demand. https://t.co/x2wYpGRArk
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Chicago brought the heat to the NYSE! Talking to the CEO of @portilloshotdog in front of the famous @BeefBusOfficial tonight! https://t.co/g0x19mbVRI
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This #cryptocrash is necessary because too many #crypto fans #Hodlers & newbies naively trusted these scumbags. @saylor destroying people's savings on $BTC #Bitcoin was just the start, the $FTT #FTX #binance crisis is even shadier. Expect the worst, you'll never be disappointed!
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The 1-Year US Treasury yield has moved up to 4.80%, its highest level since August 2007. In mid-2021 it hit an all-time low of 0.04%. Charting via @ycharts https://t.co/IfuV7IF6ci
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Constrained oil production is talked about as a political issue, but as Regina Mayor of @kpmg said yesterday this is really a Wall Street issue, with investors not wanting to fund big investments in new drilling and refining. via @bsurveillance (1/3)
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In the span of 3 hours, bitcoin has spiked over 7% and plunged over 10%.
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$AMC AMC Entertainment Q3 earnings: EPS $(0.20) Beats $(0.24) Estimate Sales $968.40M Beat $961.09M Estimate
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1 Powerball ticketholder in California lays claim to the $2 billion jackpot https://t.co/FLRerysqBI
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Tesla is down 53.3% over the last 369 days, its longest drawdown since 2017-19 and largest since 2020. $TSLA https://t.co/595jheBbGs
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Meanwhile, Russian crude is still getting exported to Western nations via India, which is one of the world's biggest refiners. S&P Global's Dan Yergin today: "India was importing less than 1% of its oil from Russia a year ago. Now it's 23%." (3/3) https://t.co/mOPSKG0Zu6
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The day crypto died for good. Y'all remember that?
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Disney reported quarterly net income of $162 million, or 9 cents a share, on sales of $20.15 billion, down from $18.53 billion a year ago. Despite record sales and the best revenue growth in more than 25 years, the miss on quarterly earnings hurt $DIS: https://t.co/p1936oVFOK https://t.co/eSpArvfpqp
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Woooooohooo $MSTR -26% on the day, $RIOT $MARA -11% $COIN -15% as $BTC Bitcoin breaks multi month support, let the #cryptocrash rage, we're LONG overdue & thanks to the industry's unethical/scumbag leaders (for now), everyone is realizing what a shitshow this industry actually is
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Carvana's market cap peaked above $30 billion in August 2021 and is now below $1 billion. $CVNA
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