If you sold at the this past month's bottom you would have missed the +13% bounce back

"The stock market is designed to transfer money from the active to the patient."

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Oil Wars: Strategic Pressure Returns to the Market

Saudi Arabia has signaled it won’t support further oil production cuts and is prepared to tolerate a prolonged period of low prices. While counterintuitive at first glance, this mirrors the kingdom’s 2014 strategy — when refusing to cut output triggered a price crash and wiped out large portions of the U.S. shale industry, helping the Saudis preserve market share.

A similar play is unfolding now. U.S. shale is recovering, but breakeven prices for many producers still range from $59–70 per barrel — far above Saudi levels. With falling prices, American producers are once again the first to feel the squeeze.

Meanwhile, Trump has called for secondary sanctions on countries still buying Iranian oil — primarily China, which accounts for over 90% of Iran’s exports. Although existing tariffs and tensions have already strained U.S.-China relations, the sanctions could further complicate oil trade by disrupting insurance, logistics, and settlement processes — potentially tightening global supply.

Both Saudi Arabia and the U.S. are attempting to shape the oil market: one through supply pressure, the other through geopolitical leverage. In both cases, the goal is clear — protect domestic producers and gain influence.

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Did you know that 15 years ago you could buy 15 Bitcoin for 1 cent?

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At the 21st Shanghai International Motor Show, Chinese automaker GAC unveiled a pickup with a design strongly reminiscent of Tesla's Cybertruck.

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China has offered to address the fentanyl issue as a first step toward restarting trade talks with the U.S.

Beijing is reportedly considering sending top security official Wang Xiaohong to meet with Trump’s team.

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Just in: Buffett says we should be looking to trade with the rest of the world — trade should not be a weapon.

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“Rise of the Machines”: Robot in China suddenly attacks engineers

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If you invested $10,000 in Snapchat in 2017, today you would have $2,900.

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$POPE — the holiest rug of the cycle.

When the $TRUMP and $MELANIA devs run out of presidents, they go for the Pope.

• May 1 — Trump posts an AI image of himself as the Pope
• Minutes later: $POPE launches with “Popenomics” — 35% to the Holy Catholic Church (that’s from the actual site)
• Tagline: “A meme so holy it blesses every transaction”
• Starts at $25M, pumps to $430M, crashes to $70M within hours
• Team-linked wallet buys $100K worth, sells $428K near the top, still holds $685K
• Boosted by big accounts and even Orca — likely paid

Apparently the same team that scammed $100M from Argentina’s president coin just pulled a Vatican speedrun.

Oh — and remember Hayden Davis that lawyers wanted an Interpol Red Notice for?

Weird how quiet that got.

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TikTok has been fined €530 million for storing EU user data in China.

Ireland’s DPC said the company misled regulators, violated GDPR, and ignored surveillance risks from China.
TikTok has six months to stop transferring user data to the PRC.

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Why did Donald Trump post this?

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BREAKING: Warren Buffett's Berkshire Hathaway raises cash balance to a record $347.7 BILLION in Q1 2025.

Buffett is still raising cash.

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BREAKING: Warren Buffett to step down as Berkshire Hathaway CEO at the end of the year.

End of an era.

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Warren Buffett getting a standing ovation from the entire arena after announcing his plans to step back as CEO of Berkshire Hathaway

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3.4 Billion people use a product owned by Meta Platforms $META EVERY SINGLE DAY

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According to Polymarket, Google ($GOOGL) held the top AI model in April — ranked #1 by arena score on the LLM Chatbot Arena leaderboard.

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China opens the world’s first AI hospital

Beijing’s new “Agent Hospital” is run entirely by AI — with 14 robot doctors and 4 virtual nurses treating up to 10,000 patients in days.

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Me in 2009 instead of buying Bitcoin

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Buffett on markets, cash, portfolio management, and opportunism.

“ I wouldn’t do anything nearly so noble as to withhold investing myself just so Greg can look good later on.”

- Warren Buffett…

…on the conspiracy that he’s built $330 billion of cash to give a blank sheet to his successor, Greg Abel.

Says he would happily invest $100 billion tomorrow, but “the one problem with the investment business is things don’t come along in an orderly fashion.”

The old man has still got it. Worth the listen.

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AI in 2025: From Tool to Life Coach

AI is now used more for therapy and emotional support than for search. It helps people organize life, find meaning, and stay healthy.

Rising fast: coding (+42), image creation (+53), health tips (+65).
New in 2025: kids’ games, corporate LLMs, student essays, trip planning.

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