Did Facebook Just Leave Zoom Stock Bulls Holding an Empty Bag?

Zoom stock slid Friday after Facebook jumped into video conferencing. An announcement by Mark Zuckerberg left Zoom plunging 6%. But here’s the value Zoom offers that Facebook can’t touch. Zoom stock (NASDAQ:ZM) had a wild ride this week. The freemium video conferencing platform’s shares jumped 11% Thursday. The company announced an increase of 100 million users since Apr 1. In other words, the coronavirus lockdown sent armies of teleworkers signing up to use Zoom. It’s been one of the most sought after virus stocks since February. Zoom stock is up…

Trump Holds U.S. Postal Service Hostage to Get Revenge on Jeff Bezos

On Friday, Donald Trump said he wouldn’t give the U.S. Postal Service a $10 billion loan if they didn’t raise prices on Amazon. Shortly after, he tweeted that he wouldn’t let the Post Office fail. Trump has done nothing to help the USPS, and now he’s just using them to punish his enemy, Jeff Bezos. Donald Trump is ramping up his vendetta campaign against Jeff Bezos. The former reality TV star is a dangling $10 billion loan above the struggling U.S. Postal Service. It’s theirs if they just do what…

The Housing Market Is Edging Dangerously Close to a $1 Trillion Reckoning

The housing market is teetering like a house of cards. Loan forbearances now represent nearly $1 trillion in unpaid principal. Short of a miraculous economic recovery, a wave of defaults is next. The federal bailout of the housing market ballooned by a stunning margin in the last week. According to mortgage data company Black Knight, nearly 500,000 new loans went into forbearance in one week. It’s a 9% jump in homeowners seeking relief through the CARES Act forbearance plan. That’s bleak news for the housing market. It brings the total…

Trump’s ‘Sarcastic’ COVID-19 Cure Might Be Safer Than His ‘Game-Changer’ Drug

Donald Trump recently recommended consuming Lysol as a way to treat COVID-19. Today, he walked back those statements, claiming he was being sarcastic. New studies show that the real drug he’s been touting is also deadly and possibly ineffective. For someone who wants to win the election this year, Donald Trump isn’t doing much to keep his fanbase alive. Yesterday, he recommended Lysol as a cure for COVID-19. Today, he said he was being ‘sarcastic.’ But new data shows that the one drug Trump was genuinely promoting, chloroquine, might also…

The Dow Is Eerily Calm – But Next Week Could Be Menacingly Volatile

The Dow Jones rallied on Friday as the U.S. stock market ended the week on a note of relative calm. President Trump signed another $484 billion stimulus package to support small businesses. Dow bulls are bracing for volatility, with a tidal wave of earnings, Q1 GDP, and the FOMC meeting all upcoming next week. The Dow Jones traded mostly sideways on Friday as Wall Street braced for what could be a week filled with menacing volatility as April gives way to May. Nearly half of the Dow’s 30 stocks will…

Ariana Grande Bashes Her Own Fans in Hypocritical Instagram Rant

Ariana Grande bashed her own fans on Thursday for a bizarre reason. She called Tik Tok impressions of her “degrading.” But Grande just did an Adam Sandler impression this month. Ariana Grande torched her own fans on Instagram Thursday, for daring to do impressions of her on Tik Tok. She went as far as to call impressions of her and her Nickelodeon character, Cat Valentine, “degrading.” Degrading? These are all in good fun. Does Grande not understand these are her own fans promoting her on social media? And that they’re…

Of Course The Onion Predicted Trump’s Insane Lysol Theory

The Onion predicted Donald Trump’s bizarre disinfectant gaffe. A March article joked Trump might tout cleaner as a coronavirus cure. It’s a horror world where The Onion is as prophetic as The Simpsons. In a very unwelcome instance of life imitating satire, The Onion actually predicted last month that Donald Trump would suggest using cleaning products like Lysol to cure coronavirus: EVANSTON, WY—Throwing bottles of bleach, ammonia, and Drano into a cart at his local grocery store, area man Troy Mitchell was reportedly stocking up on one of every cleaning…

Without WWE 2K21, How Will I Live Vicariously in My Favorite Wrestler’s Underpants?

WWE 2K21 appears to have been canceled in the aftermath of the disastrous launch of its predecessor. WWE 2K20 was the first game in the series to be mostly developed by Visual Concepts, rather than co-developed with Japanese studio Yuke’s. Given how awful that game was, this is absolutely the right decision. Since the 1990s, the WWE series has filled an important void in the gaming industry. What other title gives kids and adults alike the opportunity to step into the underpants of their favorite wrestlers? Assuming that’s your thing,…

Gamer-Friendly Xbox Promises Next-Gen Games Reveal, Real Soon

Things at Xbox are going smoothy despite coronavirus. Phil Spencer claims we’re seeing games sometime soon. Could May be the big reveal month for next-gen titles? Despite coronavirus canceling events and delaying game releases, Xbox head Phil Spencer claims his team is “adapting” to our current situation. This is an excellent sign, considering the immediate future of the games industry (and the world) is up in the air. We don’t even know for sure if the Xbox Series X and PlayStation 5 will release in 2020. Xbox Series X Releases…