Have you heard about Aeva Technologies?
The company, located in the bustling heart of Silicon Valley in Mountain View, California, is at the forefront of developing LiDAR sensors tailored for autonomous vehicles and robotics.
Aeva employs an advanced technology known as frequency-modulated continuous wave (FMCW), enabling it to measure both distance and speed simultaneously, a system often referred to as 4D LiDAR.
This innovative approach is attracting significant attention; speculators are eager to invest. Despite a recent market downturn, Aeva’s stock has surged by an astounding 1,000 percent over the past year.
However, there is a notable downside—Aeva is not yet profitable. In the previous year, the company reported a staggering net loss of $152.26 million. Although its revenue is on the rise, Aeva is projected to experience negative earnings per share for the fiscal year 2025.
Aeva isn’t alone in this trend of heavy losses attracting speculative investments. Following a low point on April 7, shares of Carvana, a used car vending machine company, have rallied over 133 percent. Meanwhile, Avis Budget Group shares have skyrocketed more than 250 percent since March 13, despite the company reporting a net loss of nearly $2 billion in the fourth quarter of 2024. Continue reading
[Editor’s Note: This article has been previously published during past Independence Day celebrations. Its themes become increasingly relevant each year, prompting us to republish it today with minor updates. Enjoy!]
“You will never outplay the major players at their own game. They will always see you coming. You must think creatively, break the mold, and do things in ways no one has dared before. Allow your inner child to show through.”
– Steve Rocco
Star-Spangled Day
In the Northern Hemisphere, the hot and lengthy days ignite the American spirit. On July 4th, true patriots proudly sport the red, white, and blue. With the values of duty and self-sacrifice, they embrace their federal holiday pay and stake their claim as independent individuals. Rugged individualism and a fierce desire for independence define their essence.
With enthusiasm and camaraderie, they gather on the shoreline to celebrate American Independence. Freedom enthusiasts—descendants of Andrew Jackson—enjoy hotdogs, toss horseshoes, and sip on sweetened drinks. As twilight wraps the day and the stars shine brightly, they cheer for the spectacular fireworks display. Continue reading
Today, we have a special feature—a guest article from Joel Bowman, the founder and writer of the outstanding Notes from the End of the World publication.
We’ve been following Mr. Bowman’s thought-provoking work for nearly two decades, spanning continents from the Americas to Europe and Asia. When not exploring the globe with his family, he spends part of the year in Buenos Aires, Argentina.
Last year, we caught up with Bowman while he was enjoying the serene mountains of southern Appalachia, where he shared insights on President Javier Milei’s ongoing libertarian experiment in Argentina.
Milei is tackling debt reduction and tax cuts while slashing bureaucratic regulations, providing a blueprint for other nations—including the United States—to escape the clutches of inefficient and corrupt governance. This story is pivotal for individuals like you who value freedom and liberty. Continue reading
The national debt of the United States has recently surged past $37 trillion, translating to over $323,000 for every taxpayer.
This staggering figure reflects a debt-to-GDP ratio exceeding 123 percent. To put this in context, the debt-to-GDP ratio was a mere 57 percent back in the year 2000, illustrating a dramatic increase.
At that time, the federal budget deficit was hardly a concern, and Washington even managed to run a budget surplus temporarily. The Congressional Budget Office (CBO) was so optimistic that it predicted continued surpluses for several years.
Yet, that optimism proved misplaced. Today, as we reach the quarter-century mark of the new millennium, we find ourselves facing unprecedented debt and soaring deficits. The monthly Treasury statement for the 2025 fiscal year, through May 31, reveals a deficit of $1.365 trillion, with four months still to go in the fiscal year.
This suggests that the U.S. government is likely on track for a $2 trillion deficit this fiscal year, which would represent between 6 and 7 percent of GDP—assuming there’s no major war or recession to significantly inflate the budget further. Continue reading