Truth

The Ugly Truth About This Fed Rate Cut’s Impact on the Stock Market

The Federal Reserve’s massive emergency rate cut caught Wall Street off guard on Tuesday. Jerome Powell confirmed how serious the economic impact of the coronavirus could be in the U.S. There is barely any stimulus left to help negate a stock market crash. While Donald Trump insists everything is fine in the United States, the…

Is There Any Truth to the Tesla-Bitcoin Parallels?

Is there a bitcoin-Tesla connection? Are BTC and Tesla truly the world’s most “disruptive” technologies? Blockchain, not bitcoin. Thanks to a significant uptick in Tesla (NASDAQ:TSLA) stock since the start of 2020, a new narrative has emerged: Tesla stock is—apparently—the new bitcoin. But is there any truth to this beyond a trivial analytic link? The…

The Ugly Truth About EA’s Sudden Nintendo Switch Love-Fest

EA has always had a complicated relationship with the Nintendo Switch. Now the publisher claims it’s “pleased” that the console has been a success. This is one of the most two-faced things that EA has ever done. And that’s saying a lot. The Nintendo Switch faces a stiff challenge when the PlayStation 5 and Xbox…

Elon Musk Stretches Truth Bragging About ‘146k’ Tesla Cybertruck Orders

Elon Musk falsely claims that that hundreds of thousands of people have ordered the Cybertruck. In reality, they’ve only placed $100 refundable deposits. Musk has a reputation for stretching the truth. There have been 146,000 Tesla (NASDAQ: TSLA) Cybertruck orders so far, according to a tweet by Elon Musk. That would be pretty impressive if…