Facing Crappiest Recovery Ever, Airlines Demand New $25-Billion Bailout, for $50 Billion Total, after Having Burned $45 Billion on Share Buybacks by Wolf Richter • Sep 28, 2020 • 133 Comments Coddled investors, not taxpayers, should step up to the plate and fund the “daily cash burn.”
Commercial Real-Estate Fallout Even Douses the Queen of England by Nick Corbishley • Sep 26, 2020 • 54 Comments Office Workers Are Again Told to Work from Home, Retailers Don’t Pay Rents, UK Commercial Property Owners Sink Deeper into the Mire.
“Robinhood Traders” Trigger Massive Idiocy on Scheme by Nasdaq-Listed Chinese Penny Stock that Skyrocketed 4,387% & Collapsed by Two-Thirds in Just One Day by Wolf Richter • Sep 23, 2020 • 109 Comments #TheZooHasGoneNuts: One press release about an EV, but no money, no tech, no prototype, no facilities, no plans, no nothing. Getting pretty thick, even for our crazy times. SEC, are you awake?
Grim Summer Turns to Long Cold Winter for European Airlines as Passenger Traffic Dives Again by Nick Corbishley • Sep 23, 2020 • 44 Comments A struggle for basic survival and for new money to burn.
How the Pandemic Upended the Video Game Industry by Adam Williams • Sep 22, 2020 • 67 Comments Hardware, software, peripherals: If it has to do with staying at home…
There Will Be Permanent Changes: Apple CEO Tim Cook Weighs in on Working from Home by Wolf Richter • Sep 22, 2020 • 158 Comments “Some things actually work really well virtually”; but “the vast majority of us can’t wait until we can be back in the office.”
Nikola Hype Collapses, Shares Plunge Further, Founder/CEO Pushed Out. GM Swoons by Wolf Richter • Sep 21, 2020 • 160 Comments This whole Nikola phenomenon was only possible in a market gone willfully blind and nuts.
“Giant 5 Stock Index” (AAPL, AMZN, GOOG, MSFT, FB) -16% from High, Apple -20%. And Rest of the Market? by Wolf Richter • Sep 18, 2020 • 70 Comments It might look a little bloody at the top, but it barely unwinds seven weeks of mind-boggling gains.
Great Time to Turn a Nest Egg into Scrambled Eggs by Wolf Richter • Sep 16, 2020 • 128 Comments It just looks so tempting. (Transcript of my podcast).
What’s to Be Done Now with All These Zombie Companies? by Nick Corbishley • Sep 15, 2020 • 69 Comments Saving the Zombies in Europe.
