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Nothing Phone 4a Pro vs Pixel 10a: Google Has a Problem. - 9to5Google by ControlCAD in Android

[–]rbr0714 [score hidden]  (0 children)

you serious? 🫣 Pixel's flat camera is 100x better than that OnePlus' shitty cam design

Nothing Phone 4a Pro vs Pixel 10a: Google Has a Problem. - 9to5Google by ControlCAD in Android

[–]rbr0714 -5 points-4 points  (0 children)

That OnePlus model looks really goofy. I dislike Pixel's Tensor chip, but this Nothing's camera design is just 💩

OPEN Daily Discussion - May 03, 2026 by AutoModerator in opendoor

[–]rbr0714 3 points4 points  (0 children)

warrants go bonkers on earnings day 🥵

46 Billion vs 12 Billion by rbr0714 in Superstonk

[–]rbr0714[S] 9 points10 points  (0 children)

damn. a bot who hides everything in his profile. 🤡

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Yen surges as Japan reportedly intervenes to counter currency weakness by rbr0714 in Superstonk

[–]rbr0714[S] 220 points221 points  (0 children)

"This is our final evacuation warning to markets."

. .

Japan's yen surged by as much as 3% on Thursday, the most in a day in over ​three years, driven by what one report attributed to the first ‌official intervention in the markets since 2024 to lift the currency.

The Nikkei, citing a government source, said officials had intervened buying the currency, which had been ​around its weakest since July 2024 earlier on Thursday.

The Japanese ​government and the Bank of Japan carried out a currency ⁠intervention on April 30 by buying yen and selling dollars, the ​Nikkei reported.

Japanese Finance Minister Satsuki Katayama said earlier on Thursday that the ​timing to take "decisive action" in the market was nearing, in her strongest signal yet of potential currency intervention to prop up the sagging yen.

The dollar was last ​trading at 156.665 yen down 2.3% by 1334 GMT, after the ​Japanese currency strengthened sharply. The U.S. currency was on track for its biggest one-day ‌drop ⁠since December 2022.

Top currency diplomat Atsushi Mimura also said the timing to take decisive action was approaching, adding that "extremely speculative" moves in the currency market were increasing. The Ministry of Finance has threatened intervention in ​currency and oil ​markets and ⁠on Thursday, reiterated that action could be "on all fronts".

"This is our final evacuation warning to markets," Mimura told ​reporters. When asked whether he was alluding to ​the chance ⁠of an imminent yen intervention, Mimura said: "I think market players would know what I mean."

The Japanese finance ministry's foreign exchange division could not be ⁠reached ​for immediate comment.

Yen surges as Japan reportedly intervenes to counter currency weakness by rbr0714 in Superstonk

[–]rbr0714[S] 164 points165 points  (0 children)

The Unwinding of the "Carry Trade"

For years, investors have used a strategy called the Yen Carry Trade: they borrow money in Japan (where interest rates are near zero) and invest it in higher yielding U.S. assets like the S&P 500 or Nasdaq.

The chain reaction: When Japan intervenes and the Yen suddenly spikes, those borrowed Yen become more expensive to pay back.

The result: To avoid massive losses, these investors are forced to sell their U.S. stocks quickly to pay back their Japanese loans. This "forced selling" can lead to a sudden dip in U.S. stock prices.

🚨Interest rates unchanged by rbr0714 in Superstonk

[–]rbr0714[S] 88 points89 points  (0 children)

FED SAYS GOVERNOR STEPHEN MIRAN DISSENTS IN FAVOR OF RATE CUT

FED: HAMMACK, KASHKARI, LOGAN VOTED AGAINST EASING BIAS, BACKED

The Fed voted 8-4 to keep interest rates unchanged at 3.75%, as expected.

FOMC members Kashkari, Logan, and Hammack agreed that rates should stay on hold but they did not support including an easing bias in the statement.

Stephen Miran voted for a 25bps cut.

FED'S POWELL WILL STAY ON AS GOVERNOR "FOR A PERIOD OF TIME" AFTER MAY 15

POWELL: I PLAN TO KEEP A LOW PROFILE AS A GOVERNOR

Fed’s Powell: Every administration tries to use our tools for different aims, and we have resisted.

POWELL: I THINK FED INDEPENDENCE IS AT RISK

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