"Beyond fresh questions around its revenue accounting, we found that Super Micro’s relationships with both disclosed and undisclosed related parties serve as fertile ground for dubious accounting..."
Do they even care?
Along with the rapid decline in implied correlation, it suggests a return to old habits, including selling dispersion...
"Nvidia’s numbers will be good but what matters is the guidance in order to understand if the demand is still healthy. If we get bad news, the rotation will be ever stronger as the market is still very heavy on the mega-cap.”
“The challenge for the restaurants is that not all fees are junk fees … People know what they’re paying for when it comes to most fees that are on a restaurant bill.”
The primary reason why so many people are living in their vehicles is because the cost of living has soared to unprecedented heights...
The next launch opportunity is no earlier than Wednesday.
At least two websites have been set up to allow Americans to check if they’ve been compromised.
"So, facing that backdrop, we have continued to focus on the things we can control, maintaining healthy vehicle inventory..."
- Equities are modestly firmer across the board, despite a mostly lower APAC session overnight
- Dollar is flat, GBP outperforms with Cable back above 1.32, JPY is lower
- Bonds hold a bearish bias, with Bunds unreactive to the poor German GDP/GfK metrics
- Crude is on the back foot, XAU is slightly softer and base metals gain
- Looking ahead, US Richmond Fed, NBH Policy Announcement, Fed Discount Rate Minutes, and Supply from the US
"The object disappeared from the radars around 25 kilometers deep into Polish territory."
Something is cooking, and it doesn’t bode well for Belarus...
"America can and must do better! Leadership matters."
"Now, even when there is light shelling of firing positions, they are retreating," said one soldier.
The modern skyscraper: born in America, adopted by China, and now a key part of iconic city skylines around the world... But how tall have they become in the 150 years that humans have been building them?
Qatar may be a tiny nation, but it packs a serious punch that threatens the global order...
Amid doubts about Biden's ability to effectively lead the U.S. in his remaining months as president, our enemies abroad might see an opportunity to alter the global balance of power...