GameStop ($GME) shares are on the verge of experiencing a surge reminiscent of the frenzy of 2021, coinciding with the return of one of the stock’s prominent advocates from that period on social media. In premarket trading, the stock soared by up to 38%, setting it on course for its highest monthly gain since the 87% rally witnessed in March 2021. This uptick follows a mysterious post by Keith Gill, also known as “Roaring Kitty” on social media platforms. Gill rose to prominence in 2021 for his online videos encouraging investors to join the GameStop movement during the meme-stock craze.…
Author: Louis Cromwell
The trial for Steve Bannon, a close ally of Donald Trump, regarding allegations of defrauding donors to a campaign aimed at building a wall along the U.S.-Mexico border, has been postponed for several months. Bannon, a former senior adviser at the White House, has pleaded not guilty to multiple charges including money laundering, conspiracy, and fraud related to the $15 million raised by the “We Build the Wall” fundraising campaign. Originally scheduled to commence on May 27 at the New York Supreme Criminal Court under Judge Juan Merchan, the trial has been pushed back to September. This delay is due…
Tom Bevan has posted the latest RCP averages on X, and they’re good news for Donald Trump. Bevan predicts Trump will take Arizona, Georgia, Michigan, Nevada, Pennsylvania and Wisconsin – winning Nevada by a whopping 13 points – giving him 312 electoral votes and a second term in the White House. However, if Biden won Wisconsin, Pennsylvania and Michigan, where he trails Trump by 2 points or less according to RealClearPolling, he would win 270-268. Everything, as in 2016 and 2020, hinges on the results from a few key states.
Australia’s eSafety commissioner’s attempt to block Australians from accessing footage of the terrorist stabbing of Sydney bishop Mar Mari Emmanuel has been thwarted, marking a victory for tech giant X. In April, eSafety Commissioner Julie Inman Grant directed X (formerly Twitter) to remove access to the video for Australian users, categorizing the footage as Class 1 material, reserved for content that depicts extreme violence or child abuse. Although X complied with a takedown notice by implementing “geo-blocking,” Australian users utilizing VPNs could still access the attack footage on the platform, and the tech company refused to completely remove the content.…
A recent study reveals that Gen Z is facing significant financial challenges, marked by lower income and higher debt-to-income ratios compared to Millennials at a similar age. Conducted by TransUnion, the study surveyed 614 Gen Z adults aged 22-24 and 623 Millennials who were in the same age group a decade ago. It found that Gen Z is grappling with a more daunting financial landscape than Millennials did years ago. In the latter half of 2013, Millennials had an income of approximately $39,394, adjusted for inflation, which equates to $51,852 in today’s terms. Conversely, during 2023’s Q4, Gen Z adults…
Donald J. Trump is once again rewriting the playbook of presidential politics by becoming the first major party nominee to actively court cryptocurrency traders. This move has stirred discomfort among some Democrats. Addressing crypto backers and investors at Mar-a-Lago, Trump urged their support, citing the Biden administration’s stringent regulatory stance toward the industry as grounds for backing him. Trump’s direct appeal to the crypto community marks a significant departure from his earlier criticism during his first term. While the GOP has increasingly embraced digital assets, Democrats remain divided on granting legitimacy to the industry, especially in the wake of various…
Tensions have escalated between the United States and Iran over Iran’s nuclear program, following recent statements from Iranian officials that have raised concerns and prompted a firm response from the U.S. State Department. On May 9th, Kamal Kharrazi, a senior advisor to Iran’s “supreme leader” Ayatollah Ali Khamenei, hinted at a possible shift in Iran’s nuclear stance if the country’s existence is threatened. Matthew Miller, the U.S. State Department spokesperson, condemned these remarks as irresponsible. Miller reiterated the U.S. position that Iran will never be allowed to acquire a nuclear weapon, emphasizing that diplomacy remains the preferred path forward. However,…
Thousands of protesters gathered in Malmö, Sweden on Thursday to demonstrate against Israel’s participation in the Eurovision song contest. The protest coincided with the city hosting the competition’s second semi-final, where Israel’s entrant Eden Golan performed her song “Hurricane.” During Wednesday’s rehearsal, Golan faced booing from the crowd. However, the response on Thursday was more mixed, with cheers and some boos during her live performance. Ahead of Golan’s appearance, pro-Palestinian protesters, outnumbering a smaller group of pro-Israeli demonstrators, took to the streets of Malmö. Swedish police estimated the pro-Palestinian protest had around 12,000 participants, including climate activist Greta Thunberg. Thunberg…
Barron Trump, the 18-year-old son of former President Donald Trump, has declined the opportunity to serve as a delegate for the Republican National Convention, according to a statement from his mother Melania Trump’s office, citing “prior commitments.” On Wednesday, the Florida GOP named Barron Trump as one of the state’s at-large delegates to the national convention in Milwaukee in mid-July. This selection was seen as a rare political involvement for the former president’s youngest son, who is currently a high school senior set to graduate next week. However, in a statement on Friday, the office of the former first lady…
A senior Toronto police officer, Superintendent Stacy Clarke, is facing a professional misconduct trial after admitting to providing confidential interview information to six black officers to assist them in promotion processes. Clarke, the highest-ranking black woman in the Toronto Police Service (TPS), was part of a panel responsible for interviewing and promoting officers in 2021. In what she described as an effort to diversify the police force, Clarke shared interview answers with the six potential candidates of the same race. She cited the “racist undertones” within Canadian police culture and expressed that without her intervention, the candidates “didn’t stand a…