Biden says oil company profits are ‘outrageous’ and a ‘windfall’ from the Ukraine War: President says ‘enough is enough’ and execs should be paying higher taxes if they don’t reduce prices at the pump

President Joe Biden will work with Congress on a ‘windfall tax’ on energy companies ‘Oil companies’ record profits today are not because they’re doing something new or innovative,’ Biden said in remarks at the White House  ‘Their profits are a …

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GM profits take $1 billion nosedive…

General Motors’ (GM) second-quarter net earnings plummeted 40% from 2021 amid the company’s push to produce more electric vehicles (EVs), according to a company earnings report released Tuesday. GM said it was unable to deliver 95,000 vehicles to dealers due …

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US CEO confidence and profits growth collapsed, U.S. tech sector sees highest job cuts in May since Dec. 2020… Black Swan Investor: ‘Greatest Credit Bubble’ to Pop

US CEO confidence vs. profits growth 👇 Draw your own conclusions. Chart @IanRHarnett pic.twitter.com/fgMFXJDgQ0 — Michael A. Arouet (@MichaelAArouet) June 6, 2022 U.S. tech sector sees highest job cuts in May since Dec. 2020. — unusual_whales (@unusual_whales) June 6, 2022 …

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ABANDON SHIP! Jim Cramer says he’s not ready to take profits in Nvidia, sees stock at $10 trillion one day

CNBC’s Jim Cramer said Wednesday he’s not ready to sell any shares Nvidia yet, even though he recently booked some profits in two other big charitable trust winners Advanced Micro Devices and Ford. https://www.cnbc.com/2021/12/01/cramer-says-hes-not-ready-to-sell-nvidia-sees-stock-at-10-trillion-one-day.html Cramer told “Fast Money Halftime Report” …

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*via easy money, record profits, overvalued equity prices – global M&A activity has hit nearly $4T YTD… The big companies are getting bigger… Competition is fading faster and faster

*via easy money, record profits, overvalued equity prices – global M&A activity has hit nearly $4T YTD The big companies are getting bigger (dominating markets) as corporate concentration gets worse and driving further inequality Competition is fading faster and faster …

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End-August data suggests profits peak ahead. Economic surprise index skidding largely led by China…. World profits growth peaking… Retail sales poised to print negative 4th straight month

End-August data suggests profits peak ahead. Economic surprise index skidding … largely led by #China @johnauthers @RealVision pic.twitter.com/HxJfoIWUyo — CrossBorder Capital/ GLIndexes (@crossbordercap) September 3, 2021 Latest Global #Liquidity Index (GLI) and World profits growth (YoY%) .. thanks #Fed! Not …

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Do valuations still matter? The gap between the S&P 500 and corporate profits after tax remains very wide

#recession … #StockMarket #Bubble edition#SPX #SPX500 $SPY #ES_F https://t.co/9c3953rnaQ — Invariant Perspective (@InvariantPersp1) August 28, 2021 #recession … #StockMarket #Bubble edition#SPX #SPX500 $SPY #ES_F https://t.co/57DPIt7JTf — Invariant Perspective (@InvariantPersp1) August 28, 2021 #recession … #Tech #Bubble 2.0 edition https://t.co/oTqGdQV7th — …

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