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July 14: Trump Assassination Attempt, Barcelona Attacks Tourists, Tesla Explodes (Recap Ep284)

July 14: Trump Assassination Attempt, Barcelona Attacks Tourists, Tesla Explodes (Recap Ep284)

This week, the main news is the shooting at Donald Trump’s rally in Butler, Pennsylvania, which is being investigated as an attempted assassination of the former president and presumptive Republican nominee. The Secret Service killed the suspected shooter, who attacked from an elevated position outside the rally venue. Trump called for unity and resilience as leaders across the political spectrum reacted to the shooting. In U.S. Market News, Federal Reserve Chair Jerome Powell suggested that the central bank is paying greater attention […]

July 7: Blackout in Europe! Tesla dominates, SpaceX cell phone satellites (Recap ep283)

July 7: Blackout in Europe! Tesla dominates, SpaceX cell phone satellites (Recap ep283)

In today’s recap, Marcello talks about a massive blackout that has plunged much of Europe into darkness, with electricity networks in Albania, Croatia, Montenegro, and Bosnia & Herzegovina collapsing under the strain of soaring temperatures reaching 41°C (105.8°F). Meanwhile, Tesla continues to dominate the electric vehicle market, with its stock surging 25.47% over the past five days and an impressive 46.33% over the past three months. The company exceeded Q2 delivery expectations with 443,956 vehicles, further fueled by the anticipated success of […]

June 30: Tesla Developing Cheaper Model 2, Warren Buffet donates $5.3B, Cilantro Prices Explodes (Recap ep282)

June 30: Tesla Developing Cheaper Model 2, Warren Buffet donates $5.3B, Cilantro Prices Explodes (Recap ep282)

In this week’s Recap, Marcello brings us the latest in finance, technology and market trends. In a significant development for the electric vehicle market, Tesla’s stock surged by 4.81% on Wednesday, driven by the announcement of the upcoming Model 2 and positive coverage from Stifel. Meanwhile, Warren Buffett has made headlines with his largest annual donation yet, giving away $5.3 billion worth of Berkshire Hathaway shares to charity, while still retaining a substantial stake in his company. On a different note, the […]

June 2: Elon Musk sued insider trading, Fauci said no science in pandemic, record corporate buybacks (Recap ep280)

June 2: Elon Musk sued insider trading, Fauci said no science in pandemic, record corporate buybacks (Recap ep280)

In today’s Recap, Marcello talks about how Elon Musk, the maverick CEO of Tesla and SpaceX, finds himself embroiled in an insider trading lawsuit. Meanwhile, Dr. Anthony Fauci, the prominent face of America’s pandemic response, has made a striking statement dismissing the role of science during the pandemic, confessing he ‘made up’ certain COVID-19 rules, including six feet social distancing and masking kids. Adding to the economic buzz, corporate America is witnessing a record surge in stock buybacks, with 154 companies announcing […]

May 19: Warren Buffet Secret Investment Revealed, Inflation Out Of Control, Silver Explodes (Recap ep278)

May 19: Warren Buffet Secret Investment Revealed, Inflation Out Of Control, Silver Explodes (Recap ep278)

In today’s Recap, Marcello reveals Warren Buffett’s secret investment as Berkshire Hathaway makes a major move, becoming the second-largest holder in Chubb with a confidential stock purchase. Marcello also dives into the alarming surge in inflation, now requiring a family of four at least $177,798 to live comfortably in the US. Additionally, Marcello will discuss the explosive rise in silver prices, soaring 11.86% from $28.23 to $31.58, reaching its highest level since 2013. The New York Federal Reserve reported that U.S. credit […]

May 12: Starlink crushes $6 Billion Revenue, Solar Storm lights up world, Coffee prices explode (Recap ep277)

May 12: Starlink crushes $6 Billion Revenue, Solar Storm lights up world, Coffee prices explode (Recap ep277)

In today’s Recap, Marcello talks about Elon Musk’s Starlink, the satellite internet venture, that has stunned analysts with a projected revenue surge to $6.6 billion by 2024, showcasing its meteoric rise and disruptive force in the satellite communications industry. Meanwhile, a looming solar storm illuminated the skies with spectacular auroras, captivating observers with nature’s awe-inspiring display but also being a heads up on the risk this might pose to the electronic networks of the earth. On another front, the cost of robusta […]

May 5: Warren Buffet’s Record Cash, Tesla explodes on China news, Apple IPhone Sales drop (Recap ep276)

May 5: Warren Buffet's Record Cash, Tesla explodes on China news, Apple IPhone Sales drop (Recap ep276)

In today’s Recap, Marcello tells us that Warren Buffett’s company, Berkshire Hathaway, is making headlines for stacking up record cash reserves. Meanwhile, Tesla is soaring high after securing approval to launch its full self-driving technology in China, sending its stock price up by a whopping 15.31%. And over at Apple, its fortunes are mixed as its stock surged by 7% in after-hours trading, driven by impressive Q2 earnings and a substantial stock buyback announcement, despite a notable drop in iPhone sales. Bitcoin […]

April 28: Another Bank Failure, Tesla Drops Prices (again), US economy weakening (Recap ep275)

April 28: Another Bank Failure, Tesla Drops Prices (again), US economy weakening (Recap ep275)

In Today’s recap, Marcello talks about the collapse of Republic First Bank as it served as a stark reminder of the vulnerabilities within the financial sector. Tesla’s shares surged by a remarkable 12.06%, propelling Nasdaq to its third consecutive day of gains. However, concerns loomed over the US economy as growth slowed to a sluggish 1.6% in the first quarter, the weakest pace since 2022. The median U.S. home sale price hit a record $383,725 in the 4 weeks ended April 21, […]

April 21: World War 3 averted, Tesla & Apple in trouble, Coffee prices skyrocket (Recap ep274)

April 21: World War 3 averted, Tesla & Apple in trouble, Coffee prices skyrocket (Recap ep274)

In today’s Recap, Marcello shares with us recent events that have seen a reduction in global tensions, offering some relief from heightened concerns regarding a possible World War 3. However, challenges persist in the business world, with companies like Tesla and Apple facing difficulties. Meanwhile, the commodities market experiences interesting fluctuations, notably with coffee, tea and cacao prices on the rise. Shares of U.S. based tech firm NVIDIA fell -10.00% on Friday at $762.00, it was the worst day for the chip-maker […]

April 14: World War 3 Has Begun – Get Ready Food Shortages, Blackouts, and terrorist attacks (Recap Ep273)

April 14: World War 3 Has Begun - Get Ready Food Shortages, Blackouts, and terrorist attacks (Recap Ep273)

In this recap, in U.S. market news, Monday saw NYSE volume sink, resulting in the slowest trading day of 2024, while U.S. stock markets were mixed on Tuesday. Wednesday witnessed a major sell-off driven by higher-than-expected inflation in March, raising concerns that the Federal Reserve won’t cut interest rates anytime soon. In conspiracy/weather news, significant events included the breaking loose of 26 barges on the Ohio River, the detection of avian flu in the seventh state, and water rationing in Bogota, Colombia. […]