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The Worst Is Yet To Come – How And Why Nvidia Lost $279 Billion In 1 Day, The Biggest Loss In Wall Street History

Artificial Intelligence (AI) chip maker Nvidia has been minting tonnes of millionaires among its 30,000 employees. The nearly US$3 trillion company generated US$27 billion in revenue in its fiscal 2023. Then, something spectacular happened. Nvidia revenue for the 12 months ending July 31, 2024 skyrocketed to US$96.31 billion – a 194.69% increase year-over-year.   The […]

... written on Sep 06 2024

$6.4 Trillion Wipeout – Financial Meltdown Has Begun As The U.S. Heading Toward A Recession

Japan’s Nikkei lost a staggering 4,451 points on Monday (August 5) – the biggest drop in history. That’s more than 12%, dragging the country’s stock market losses to 25% since early July. The biggest one-day drop means the index is entering the bear market. It instantly brings back the memory of “Black Monday” in October 1987, […]

... written on Aug 06 2024

Playing A Dangerous Game – Here’s Why Facebook Removes News Of PM Anwar Meeting With Hamas Terrorists

Defiant Malaysian Prime Minister Anwar Ibrahim thought he was clever and invincible when he deliberately met with Hamas political bureau chief Ismail Haniyeh during his 3-day visit in Qatar. He wanted to send a message to Washington that even if Malaysian banking system was helping the terrorist organization in funding and money laundering, there’s nothing […]

... written on May 15 2024

Millions Of Malays Scammed Again – Hadi Won’t Let Muslim Refugees Work, PAS Can’t Live Without Benz & iPhone

Perikatan Nasional, comprising two major forces – Malay nationalist party Bersatu and Islamist party PAS – captured 4.7 million votes (30.12%) in the November 2022 General Election, where 99% were Malay votes. Crucially, the Malay-centric political parties won 80% of Malay vote bank. Fortunately, despite grabbing 74 seats in the 222-seat Parliament, it was not […]

... written on Nov 23 2023

American Capitalism Is Breaking Down – Here’re More Signs The Economy Will Be Really Bad This Year

When Biden took office, the U.S. inflation was only 1.4% while the gasoline price was US$2.39 per gallon. Today, inflation is at 6.4% and the gas is US$3.47. And that was after pumping trillions of dollars into the financial system to make sure the system did not crash. After bailing out Silicon Valley Bank, the […]

... written on Mar 15 2023

The Twitter Files – How US Govt & Big Pharma Like Pfizer Suppressed Covid-19 Info Which Could Affect Their Profits

A new war has erupted on social media thanks to Twitter’s new owner, Elon Musk. Pledging to fight for transparency at the microblogging site, the billionaire raised eyebrows last month when he wrote – “Twitter is both a social media company and a crime scene“. The big boss of Tesla and SpaceX subsequently showed a […]

... written on Jan 19 2023

Elon Musk Threatens To Make New Smartphone If Apple And Google Ban Twitter

Twitter has a new boss – world’s richest man Elon Musk. With a net worth of US$191.2 billion on Forbes’ Real-Time Billionaire List, the social media platform becomes his latest toy after splashing US$44 billion. His obsession with Twitter has triggered speculations about his motives. Many thought he wants to advance a hard-right political agenda. […]

... written on Nov 27 2022

All Signs Show Pakatan Harapan Could Have Crossed At Least 112 Seats To Form A New Government

With less than 24 hours before the polling day on Saturday (Nov 19), signs are showing that opposition Pakatan Harapan (PH) could spring a surprise victory in the 15th General Election. Based on the size of its mega “ceramah (campaign speech) programme” compared to opponents Barisan Nasional (BN) and Perikatan Nasional (PN), the Opposition definitely […]

... written on Nov 18 2022

Economic & Financial Meltdown Is Here – All Signs Lead To Recession, Stagflation, Jobless And A Repeat Of Dot-Com Bust

Dow Jones dropped 1,164.52 points on Wednesday (May 18) – the biggest drop since June 2020. In fact, at 31,490.07, the DJIA saw the lowest close since March 2021. Likewise, the S&P 500 plunged to its lowest drop since June 2020. The fact that this is the fifth Dow decline of more than 800 points […]

... written on May 19 2022

From Cheap Money To Ukraine War – How The U.S. Screws Up Its Inflation, And Scrambles To Prevent A Global Recession

Federal Reserve Chairman Jerome Powell, speaking during a news conference on May 4 to raise interest rate by 50 basis points, has signalled that the Fed could continue to approve increases of half a percentage point. Investors, however, spooked by earlier speculations that the rate could be up to 75 basis points, did not pay […]

... written on May 10 2022









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