Hello Capitalists:

It’s a big day for Wall Street and AI. Nvidia’s Quarter 1 earnings will drop after the market closes today. The dirty secrets about what went on during the Biden presidency continue to leak out, GM bucks the trend of EV’s with plans for a new V8 engine as Euro carmakers desperately swerve to avoid tariffs and Gamestop just bet BIG on Bitcoin. Let’s get into it!

And by the way: PolitiBrawl Newstand has evolved into The Capitalist! Financial news and politics for the Golden Age of America

Nvidia’s Q1 earnings has Wall Street on the edge of its seat today

Wall Street is buzzing about Nvidia’s first-quarter earnings report dropping after the market closes today, May 28, 2025. This isn’t just another earnings call—it’s a big deal because Nvidia’s performance is like a crystal ball for the AI industry and the broader stock market. Investors and analysts are on the edge of their seats.

• Nvidia’s Big Moment: Nvidia, the AI chip giant, is set to release its Q1 fiscal 2026 earnings, with Wall Street expecting a hefty $43.3 billion in revenue (a 66% jump year-over-year) and earnings per share of $0.73. These numbers are huge, but they’re actually a slowdown from last year’s 262% revenue growth.

• AI Industry Bellwether: Nvidia’s results are a key indicator of AI demand. A strong report could keep the AI boom alive, while any hiccups might signal a slowdown, impacting other tech stocks. Options traders predict a ±7.4% move post-earnings, and a beat with upbeat guidance might spark a broader rally.

• China Challenges: A $5.5 billion charge from U.S. restrictions on chip sales to China (like the H20 chips) is a headline risk. Investors are eager to hear how Nvidia plans to navigate this, especially since China accounts for over 14% of its revenue.

• Blackwell Chips in Focus: Nvidia’s new Blackwell chips are expected to drive growth, with analysts watching for updates on supply and demand. A positive outlook here could boost investor confidence.

• Analyst Optimism with a Caveat: About 87% of analysts are bullish on Nvidia, rating it a Buy, but some warn the report might not be “clean” due to China issues and margin pressures. Still, long-term faith in Nvidia’s AI dominance remains strong.

Biden’s staff ran a “Politburo” and were fine with “Undemocratic” measures to stop Trump in 2024

The book Original Sin: President Biden’s Decline, Its Cover-Up, and His Disastrous Choice to Run Again by Alex Thompson and Jake Tapper is pulling back the curtain on what was really going on in the Biden White House. It’s raising some serious questions about who was actually running the show and what they were willing to do to keep power. 

• Biden’s Inner Circle Labeled a “Politburo”: A tight-knit group of aides, including Jill Biden, Hunter Biden, Mike Donilon, Steve Ricchetti, and Bruce Reed, were described as a “politburo”—a term for an elite, secretive group with unchecked power, allegedly making major decisions without consulting key cabinet members like the Treasury Secretary.

• Hiding Biden’s Mental Decline: The book claims these aides worked to conceal President Biden’s cognitive decline, with concerns about his ability to handle a reelection campaign or another term surfacing as early as April 2023, despite White House denials.

• “Undemocratic” Measures to Stop Trump: A longtime Biden aide reportedly admitted to taking “undemocratic” actions, justified by their belief that Donald Trump was an existential threat to democracy, prioritizing power over transparency.

• Biden as a Figurehead: An insider revealed the strategy was for Biden to “just win” and then “disappear for four years,” with aides handling major responsibilities, only requiring Biden to show “proof of life” occasionally.

• Limited Cabinet Access: Biden rarely met with key cabinet members, holding only nine cabinet meetings over four years (compared to Obama’s 19 and Trump’s 25), with aides tightly controlling his interactions and public appearances.

• Public and Media Deception: The book suggests that senior politicians, White House correspondents, and editors knew about Biden’s condition but stayed silent to protect the system, only acknowledging it after his June 2024 debate performance forced the issue public.

GM will spend $888 million to keep America’s V8 soundtrack running at full volume

General Motors is dropping a massive $888 million into a New York plant to build the next generation of V-8 engines. This move shows GM’s still betting big on powerful trucks and SUVs while balancing its electric vehicle push. It’s a huge investment in U.S. jobs and innovation, keeping the classic V-8 alive with a modern twist despite the recent push for EVs.

• Massive Investment in New York: GM is investing $888 million in its Tonawanda Propulsion plant in Buffalo, New York, to produce sixth-generation V-8 engines, marking its largest-ever engine plant investment.

• Focus on Trucks and SUVs: The new V-8 engines will power GM’s full-size trucks and SUVs, like the Chevrolet Silverado and GMC Sierra, ensuring they remain competitive in the market.

• Improved Performance and Efficiency: These engines will feature advanced combustion and thermal management tech, promising better fuel economy and lower emissions compared to current models.

• Job Security and Economic Boost: The project supports 870 jobs at Tonawanda, including 177 at-risk positions, and New York is offering up to $16.96 million in tax credits to back the initiative.

• Shift from EV Plans: GM scrapped a $300 million plan for electric vehicle motor production at Tonawanda, pivoting to V-8s, reflecting a strategic balance between combustion engines and its EV goals.

• Production Timeline: The plant will keep making fifth-generation V-8s until 2027, when the new engines roll out, following a two-year retooling process.

German auto makers are now pleading for a deal before tariffs take effect

German car giants BMW, Mercedes, and Volkswagen are in talks with the U.S. to dodge some hefty tariffs, before the Trump deadline causes them a major fender bender.

• Tariff Talks Underway: BMW, Mercedes, and Volkswagen are negotiating with the U.S. Trade Ministry to avoid a 50% tariff on EU goods set to kick in on June 1, aiming for a deal by early July.

• Investment as Leverage: These automakers are offering to invest billions in U.S. operations, like factories, to offset tariffs by boosting American jobs and production.

• Export-Import Balance: They’re working on a mechanism to balance imports and exports, hoping to convince the U.S. that their investments outweigh the need for tariffs.

• Why It Matters: Tariffs could spike car prices in the U.S., as these brands import many vehicles from Europe, and passing costs to consumers might hit demand.

• Economic Ripple Effects: Germany, the EU’s biggest exporter to the U.S. with $183 billion in goods last year, faces major losses if tariffs hit, especially for its auto sector.

• Race Against Time: With the June 1 deadline looming, these talks are urgent, as a deal could ease trade tensions and stabilize markets, like the recent stock rally after Trump paused EU tariffs.

Meme stock Gamestop just went big on Bitcoin

The video game retailer Gamestop, famous for its wild meme stock ride, just made a bold move by diving into Bitcoin. This isn’t just a small dip either—it’s a $500 million splash that’s got investors talking. GameStop is trying to reinvent itself, and betting on Bitcoin could be a game-changer.

• GameStop’s First Bitcoin Buy: The company purchased 4,710 Bitcoins for $512.6 million, marking its initial investment in cryptocurrency at a Bitcoin price of $108,837.

• Stock Market Reaction: Shares dipped 4% in morning trading after the announcement, though they’re up about 8% for the year, showing mixed investor sentiment.

• Massive Cash Reserves: As of February 1, GameStop had $4.76 billion in cash, giving it the financial muscle to make big moves like this without a set limit on future Bitcoin purchases.

• Following MicroStrategy’s Playbook: GameStop is mimicking MicroStrategy (now Strategy), the largest corporate Bitcoin holder, whose stock soared after heavy crypto investments by their CEO Michael Saylor.

• CEO’s Turnaround Efforts: Under CEO Ryan Cohen, this Bitcoin buy is part of a broader strategy to revive GameStop’s struggling brick-and-mortar business amid a shift to digital gaming.

• Crypto Plans Hinted Earlier: CNBC reported in February that GameStop was eyeing cryptocurrencies, with the company confirming in March it would add Bitcoin to its balance sheet.