Trump believes he can, because the legal provisions are vague. There is no legal precedent regarding whether a president has the authority to dismiss a Fed chair before the end of their term.Powell made it clear six years ago that if his position were challenged, he would take legal action — a stance he has reiterated in recent public statements. This is why Trump is reportedly seeking the opinion of Supreme Court justices.However, the Supreme Court is almost certain to reject such a request. The reason is simple: the Federal Reserve must maintain independence from the federal government and the U.S. Treasury.Treasury Secretary Bessent understands this well. He believes the move is extremely risky and offers little to no benefit. This week, he stated that the Fed's independence in monetary
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trump meme $50 is highly possible as tomorrow is the inauguration ceremon$Trump Media & Technology(DJT)$
Airbnb and Booking Thrive on APAC, LATAM Travel; Can TCOM Deliver Satisfactory Results?
Several travel companies delivered strong earnings this season, with $Airbnb, Inc.(ABNB)$ achieving a rare post-earnings surge of 15%—its first in eight quarters. However, recent five-day declines are erasing much of this gain.1. Why Did Airbnb Jump on Earnings?EPS beat by 23.65%; Adjusted EBITDA beat by 17.41%, driven by improved marginsRevenue beat by 2.43%; Room nights beat by 2.94% (though expectations were already high); Gross Booking Value (GBV) beat by 2.28%Latin America & Asia-Pacific led growth (room nights up low-20s YoY):Latin America benefited from large-scale marketing campaigns.Asia-Pacific growth was fueled by strong cross-border travel demand, led by Chinese outbound bookings (+25% YoY).Beyond APAC and LATAM growth, Airbnb’s pr
Airbnb and Booking Thrive on APAC, LATAM Travel; Can TCOM Deliver Satisfactory Results?
Reddit is Recovering: Don't Need to Worry About US DAU For Now?
After $Reddit(RDDT)$ released its earnings, the stock initially dropped by 13% in after-hours trading but recovered to about 6% drop after the market opened.Financial Highlights:DAU: 101.7 million, missing estimates of 103.1 million by 1.36%EPS: 36 cents vs. 25 cents expected, beating by 44%Revenue: $428 million vs. $405 million expected, beating by 5.68%Gross margin: 92.6% vs. net income margin: 16.61%.Financial Highlights:Reddit surpassed $1 billion in revenue for the year, achieving 71% year-over-year growth in Q4.Data from BloombergNet income: $71 million, maintaining GAAP profitability for the second consecutive quarter.Advertising business continued to grow: Ad revenue increased 60% year-over-year to $394.5 million.Investment Insights:Does t
Reddit is Recovering: Don't Need to Worry About US DAU For Now?
Upstart Crushes EPS Estimates by 800% with a Positive Profitability Outlook: Is $90 Within Reach?
$Upstart Holdings, Inc.(UPST)$ surged 25% after earnings, driven by strong revenue and EBITDA growth. Against the backdrop of an across-the-board beat in this earnings report, management provided an optimistic outlook, projecting 2025 revenue to reach $1 billion and aiming to break even.Financial Highlights:Revenue: $219M vs. $180M, beating by 20%EPS: $0.26 vs. -$0.03, beating by 870%Adjusted EBITDA: $38.78M vs. $6.16M, beating by 529%Loan origination volume grew 33%, and revenue increased 35%Data from Bloomberg and Upstart earningsInvestment Takeaways:AI Model Driving Higher Conversion and Loan Volume91% of loans fully automated, and 93% of instant approvals converted into funded loansRate Cuts in 2024 Boosted Borrower Demand, but 2025 Rate Cut E
Upstart Crushes EPS Estimates by 800% with a Positive Profitability Outlook: Is $90 Within Reach?
Can Trump Fire Federal Reserve Chair Jerome Powell?
Can Trump Fire Federal Reserve Chair Jerome Powell?
$Trump Media & Technology(DJT)$ After Reagan's assassination attempt, in the final election results, his opponent only won one state while the rest were red (Republican).
Why we are bullish on$NVIDIA(NVDA)$ despite of less costs in training ai
$NVIDIA Corp(NVDA)$ is worth 11.7% of the US GDP now. At the peak of the DotCom bubble, Cisco was worth 5.5% of the US GDP.How do you view?r/wallstreetbets - Nvidia is worth 11.7% of the US GDP now. At the peak of the DotCom bubble, Cisco was worth 5.5% of the US GDP.
$iShares MSCI South Korea ETF(EWY)$ Short put Gain the most of premium yesterday after the etf rebounds
Since early last week, the 10-year Treasury yield has risen for nine consecutive trading days, marking the longest streak since 1978. $Micro 10-Year Yield - main 2412(10Ymain)$ The Fed's latest rate "dot plot" indicates policymakers expect only two 25-basis-point rate cuts by the end of 2025, halving the rate cut expectations compared to September.Ian Lyngen, head of US rate strategy at BMO Capital Markets, noted that the weakness in longer-term Treasuries is driven by the Fed's hawkish stance and pressures from Treasury issuance. He added that the trend of curve steepening still has a long way to go before the end of 2024.Charlie Bilello, chief market strategist at Creative Planning, pointed out that while it has been three months since the
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