Jeju Air Crash Kills 179 in South Korea; Police Raid Airport, Airline
On Sunday, Jeju Air flight 7C2216 crashed at Muan International Airport in South Korea, killing 179 people and injuring two crew members. The crash is under investigation, focusing on potential negligence by Jeju Air and airport operators, as well as the design of airport facilities.
Jeju Air Crash Kills 179 in South Korea; Police Raid Airport, Airline
On Sunday, Jeju Air flight 7C2216 crashed at Muan International Airport in South Korea, killing 179 people and injuring two crew members. The crash is under investigation, focusing on potential negligence by Jeju Air and airport operators, as well as the design of airport facilities.
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36% Bias Score
Berkshire Hathaway's 2024 Success: Outpacing S&P 500 Amidst Strategic Shifts
In 2024, Berkshire Hathaway outperformed the S&P 500 with a 25.5% return on Class A shares, driven by strong operating earnings, a massive $325 billion cash reserve generating $8 billion in investment income, and Geico's $5.7 billion underwriting profit.
Berkshire Hathaway's 2024 Success: Outpacing S&P 500 Amidst Strategic Shifts
In 2024, Berkshire Hathaway outperformed the S&P 500 with a 25.5% return on Class A shares, driven by strong operating earnings, a massive $325 billion cash reserve generating $8 billion in investment income, and Geico's $5.7 billion underwriting profit.
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44% Bias Score
Tech Stocks Surge in Premarket Trading, While Chinese Stocks Decline
Premarket trading saw significant gains for several tech companies, including Synaptics (up 5.9% due to a Google partnership) and Nvidia (up 1.7%), while Chinese stocks underperformed (MCHI down 1.4%) and several others saw gains based on analyst upgrades.
Tech Stocks Surge in Premarket Trading, While Chinese Stocks Decline
Premarket trading saw significant gains for several tech companies, including Synaptics (up 5.9% due to a Google partnership) and Nvidia (up 1.7%), while Chinese stocks underperformed (MCHI down 1.4%) and several others saw gains based on analyst upgrades.
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36% Bias Score
Market Soars on First Trading Day of 2025
On January 1st, 2025, major stock market indices surged, fueled by gains in cryptocurrencies (Bitcoin above \$96,000), meme stocks (impacted by Roaring Kitty's posts), and semiconductor stocks; the Dow rose over 300 points, while the S&P 500 and Nasdaq gained 0.7%.
Market Soars on First Trading Day of 2025
On January 1st, 2025, major stock market indices surged, fueled by gains in cryptocurrencies (Bitcoin above \$96,000), meme stocks (impacted by Roaring Kitty's posts), and semiconductor stocks; the Dow rose over 300 points, while the S&P 500 and Nasdaq gained 0.7%.
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56% Bias Score
Hindenburg Accuses Carvana of Accounting Manipulation, Stock Drops 3%
Hindenburg Research accused Carvana of accounting manipulation and undisclosed related-party transactions involving $800 million in loan sales, causing a 3% stock drop; CEO Ernie Garcia III and his father, Ernest Garcia II, are implicated.
Hindenburg Accuses Carvana of Accounting Manipulation, Stock Drops 3%
Hindenburg Research accused Carvana of accounting manipulation and undisclosed related-party transactions involving $800 million in loan sales, causing a 3% stock drop; CEO Ernie Garcia III and his father, Ernest Garcia II, are implicated.
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48% Bias Score
Goldman Sachs Projects Massive Gains for Uber, Norwegian Cruise Line, and Belden
Goldman Sachs added Uber Technologies, Norwegian Cruise Line, and Belden to its January conviction list, projecting substantial gains: Uber at nearly 60%, Norwegian at 36%, and Belden at over 23%, based on various factors including profitability, cost-cutting, and market recovery.
Goldman Sachs Projects Massive Gains for Uber, Norwegian Cruise Line, and Belden
Goldman Sachs added Uber Technologies, Norwegian Cruise Line, and Belden to its January conviction list, projecting substantial gains: Uber at nearly 60%, Norwegian at 36%, and Belden at over 23%, based on various factors including profitability, cost-cutting, and market recovery.
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40% Bias Score
Hybrid Cars Outsell Battery EVs in China's Booming Auto Market
In 2024, BYD, China's leading automaker, sold 4.3 million passenger cars, with hybrids outselling battery-only electric vehicles (BEVs) for the first time; Tesla also sold over 600,000 BEVs, while other Chinese BEV startups like Zeekr, Nio, and Xpeng faced increased competition from established and ...
Hybrid Cars Outsell Battery EVs in China's Booming Auto Market
In 2024, BYD, China's leading automaker, sold 4.3 million passenger cars, with hybrids outselling battery-only electric vehicles (BEVs) for the first time; Tesla also sold over 600,000 BEVs, while other Chinese BEV startups like Zeekr, Nio, and Xpeng faced increased competition from established and ...
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36% Bias Score
Eurozone Faces Economic Uncertainty as Germany and France Lack 2025 Budgets
Germany and France's lack of 2025 budgets due to political infighting and economic challenges raises concerns about the Eurozone's future, with economists warning of potential decline and loss of standing in a world marked by superpower rivalry.
Eurozone Faces Economic Uncertainty as Germany and France Lack 2025 Budgets
Germany and France's lack of 2025 budgets due to political infighting and economic challenges raises concerns about the Eurozone's future, with economists warning of potential decline and loss of standing in a world marked by superpower rivalry.
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40% Bias Score
Student Loan Borrowers Face Uncertainty as Biden Exits Office
As President Biden leaves office, the future of student loan forgiveness programs is uncertain, prompting 40 million borrowers to explore alternative repayment options such as PSLF, Pay As You Earn, and Income-Contingent plans, while deferments and forbearances remain available for those facing fina...
Student Loan Borrowers Face Uncertainty as Biden Exits Office
As President Biden leaves office, the future of student loan forgiveness programs is uncertain, prompting 40 million borrowers to explore alternative repayment options such as PSLF, Pay As You Earn, and Income-Contingent plans, while deferments and forbearances remain available for those facing fina...
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48% Bias Score
Euro and Pound Hit Multi-Month Lows Against Dollar Amidst Trump's Return
The euro and British pound reached multi-month lows against the U.S. dollar on Thursday, dropping to \$1.031 and \$1.239 respectively, due to optimism surrounding the U.S. economy and anticipation of Trump's return to the White House, along with downbeat forecasts for Europe.
Euro and Pound Hit Multi-Month Lows Against Dollar Amidst Trump's Return
The euro and British pound reached multi-month lows against the U.S. dollar on Thursday, dropping to \$1.031 and \$1.239 respectively, due to optimism surrounding the U.S. economy and anticipation of Trump's return to the White House, along with downbeat forecasts for Europe.
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48% Bias Score
Meta Replaces President of Global Affairs with Republican Staffer
Meta is replacing its President of Global Affairs, Nick Clegg, with Joel Kaplan, a former Republican staffer and George W. Bush aide, three weeks before President-elect Donald Trump's inauguration; Clegg will be replaced by Kaplan, who will take on the title of Chief Global Affairs Officer.
Meta Replaces President of Global Affairs with Republican Staffer
Meta is replacing its President of Global Affairs, Nick Clegg, with Joel Kaplan, a former Republican staffer and George W. Bush aide, three weeks before President-elect Donald Trump's inauguration; Clegg will be replaced by Kaplan, who will take on the title of Chief Global Affairs Officer.
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40% Bias Score
S&P 500 Suffers Fifth Straight Day of Losses Amid Rising Treasury Yields
The S&P 500 fell for a fifth straight day on Thursday, potentially due to rising Treasury yields, impacting various sectors while energy and utilities bucked the trend. Tesla's drop significantly affected consumer discretionary.
S&P 500 Suffers Fifth Straight Day of Losses Amid Rising Treasury Yields
The S&P 500 fell for a fifth straight day on Thursday, potentially due to rising Treasury yields, impacting various sectors while energy and utilities bucked the trend. Tesla's drop significantly affected consumer discretionary.
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40% Bias Score