December 22, 2022 The market is having a negative reaction to the news yesterday, that a major chip manufacturer, Micron, MU reported weaker then expected earnings and blamed the results on a “glut” of memory chips in inventory which is likely to last through part of 2023. Another piece of bad news for those hoping…… Continue reading Micron: “Glut”of Chips
Tag: Crypto
FTXBankrupty Who’s Next?
December 15, 2022 As the sad facts come to light that the $30 Billion “wealth” of Sam Bankman-Fried and his FTX platform were all a mirage, and just another Ponzi scheme, attention is now turning to the other major crypto platform Binance. Is it also just another “House of Cards?” In an effort to restore…… Continue reading FTXBankrupty Who’s Next?
Too Good to be True?
Sunday, July 17th, 2022 If investors needed another reminder that if something sounds too good to be true, it probable is, they got a big wake-up call this week. Crypto lender CELSIUS, which 9 months ago, said that they had $25 Billion, with a “B” in assets, under management, this week filed for bankruptcy, leaving…… Continue reading Too Good to be True?