BREAKING: Uber's Ultimate Nightmare

How to view corporate scandal ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ How much control does a company have over its employees? Uber Technologies (UBER) was down by more than 5%... and it's easy to say why. More than 124,000 leaked documents showed that Uber had a close relationship with politicians all around the world, especially French President Emmanuel Macron. This included Uber and Macron working together to push back against protests when the company was first getting off the ground. Amusingly enough, Uber tried to woo the wealthy and powerful in Russia, but its efforts failed. (Uber is probably thankful for that now). Mark MacGann, a former executive, is coming forward as the whistleblower. "I was the one talking to governments, I was the one pushing this with the media, I was the one telling people that they should change the rules because drivers were going to benefit and people were going to get so much economic opportunity." He went so far as to say that "we had actually sold people a lie." Now, this isn't about the truth of the allegations... as with anything, this might be litigated in the courts of law and public opinion. But as investors, we need to know how to deal with this. After all, it hasn't been long since Frances Haugen of Facebook was testifying to Congress as a "whistleblower," detailing to the world her problems with the company. That alone may have been the catalyst for the rebrand to Meta Platforms (META). The company went through a nightmare of public relations, but the company is still standing. How should investors approach this? You can't predict this kind of stuff. However, there is a correct way to react to it. The fundamentals of a company rarely change because of something like this. There should always be a "waiting period" before reacting to this news. The end result may actually be to make Uber more attractive. "Black swans" are inevitable in politics, investing, and life. But these supposed "Black Swans" are typically a way for many to simplify things they don't understand. There's always an explanation, even when no one saw it coming. The key is not to panic, to learn how to ride the wave, and to be absolutely ruthless when looking at the bottom line. Negative PR can be devastating - or just a buying opportunity. Always keep your eye on the prize. Keep Moving, Any strategy that makes you money consistently is worthwhile. Though many new traders believe that trading is primarily about indicators and tools, Chris maintains that it is at least 95% about emotional control. This is especially relevant in this bearish, choppy market which has made the trading world extremely difficult. Learn some pro tips to come back from your losses and stay in the game. [CLICK HERE TO WATCH]( WORD ON THE STREET Gas Prices Falling. PRGO Up On Birth Control Bid, RDFN Down Big - Redfin (RDFN) Down As Home Sales Canceled - According to Redfin, about 60,000 home-sale agreements were canceled in June. RDFN fell more than 9% during the trading day. Rising interest rates are partially to blame. The company laid off about 8% of its workforce last month. - Can China Handle Another Shutdown? - One of the key assumptions behind the idea of a global recovery is that China will fully "reopen" and return to full production. However, about 30 million people could face lockdowns. New infections are up by about 60 cases in Shanghai... and it was the lockdown in Shanghai that drove a lockdown which sent shudders through the global economy, especially for companies like Tesla (TSLA). Can China, or even the global economy, handle another one? You can't just cut this off from the global economy without consequences - French Pharmaceutical Asks FDA For Over-The-Counter Birth Control - Perrigo (PRGO) is the company that owns HRA Pharma, which produces Opill. HRMA Pharma claims it has asked the FDA to approve the daily contraceptive for over-the-counter use. It would be first birth control pill in the United States that would be available without a prescription if approved. The FDA has not commented.  - Gas Prices Still Declining - Will it come in time to change the Democrats' fate in the midterm elections? Gas prices continue to decline, with the national average falling by more 34 cents a gallon a month. President Biden admitted prices are still far too high, but noted the decline as evidence that "the program is working." This "tool" earned over $400k in 12 months. Video uncovers the winning tactics that handed one trader an average $7,300 in profit every week using just shy of $12,000 in capital. [Watch The Official Replay Right Now — Click Here]( HOT SPOTS: What's Going on in Geopolitics - India Will Overtake China As World's Most Populous Country - According to the United Nations, India will replace China as the world's most populous country as early as next year. Global population is currently about 8 billion people and may reach well over 10 billion in 2100. For comparison, the world population was just 2.5 billion in 1950.  - Putin Offers ALL Ukrainians Path To Citizenship - According to a document posted on the government's website, Russia is now offering a path to citizenship for all Ukrainians. Russia already has a simplified naturalization process for the self-declared Donetsk and Luhansk People's Republics, as well as residents in other areas of occupied Ukraine. Vladimir Putin's decree now expands this process to residents of the entire country. - Serbian Minister Blasted By USA - The U.S. Embassy in Belgrade blasted the Serbian Interior Minister, arguing that "comments of the minister of the interior about the unification of all Serbs into one state are not in accordance with Dayton Agreement and contradict Serbia's integration into European structures." In response, Interior Minister Aleksandar Vulin didn't back down. "I dream of the unification of Serbs, just as all my ancestors dreamed of it," he said. "I know that one day it will be completed, peacefully, without violence and conflict."  CUTTING EDGE: What[']( Happening In Tech - New Variant Just Dropped - No, not that new variant. There's an even newer variant. Variant BA.2.75 is reportedly able to dodge immunity from previous infections as well as vaccines. There was some good news as Moderna (MRNA) reported its new booster provides better protection from the increasingly dominant BA.4 and BA.5 subvariants, though this new BA.2.75 one will provide yet another challenge. The BA.5 subvariant is spreading quickly in New York, with Senate Majority Leader Chuck Schumer (D-NY) one of the victims. He is reportedly experiencing mild symptoms. - Some Special Effects Technicians Condemn Marvel - I don't think I'm the only one who has noticed that special effects seem worse now than they were a decade ago. Well, it may simply be because technicians are just overworked. Several visual effects (VFX) workers claiming to have worked with the company say it's a nightmare, with unrealistic deadlines and bad production. Still, it's just the bottom line that counts. Thor: Love and Thunder brought in $143 million domestically for its opening weekend. - Twitter Hires Lawyer To Take On Musk - And so it begins. Wachtell, Lipton, Rosen & Katz is reportedly representing Twitter as the company tries to force Elon Musk to go through with his $44 billion takeover attempt. The case will reportedly be tried in Delaware. As for Musk, he's reportedly being represented by Quinn Emanuel Urquhart & Sullivan.  On the first trading day since Musk announced he was leaving the deal, TWTR was down by more than 10%. FOR YOUR CONSIDERATION "China’s political elite draws its very legitimacy from delivering economic growth. China’s growth target for the year is 5.5% – something that most experts were saying was out of reach just a few weeks ago." "With current news, I’m just going to put myself out there. China will miss this target. And it will miss because of COVID policies." is imposing lockdowns again... but that could be just the beginning. Mr. X warns that the internal tensions within the Chinese system are starting to show. What will China's leadership do? What political leaders in danger always do - try to change the topic to a foreign opponent. [CHINA LOCKDOWN COULD JUST BE THE BEGINNING OF LARGER TROUBLE]( Enjoying Dawn Report? Learn something, made some money? SHARE YOUR STORY WITH US OR TELL US HOW TO SERVE YOU BETTER. Let us know at info@rogueinvesting.com You’re receiving this email because you're signed up for alerts from Dawn Report. Make sure to keep them coming by [whitelisting Rogue Investing](. Copyright © 2022 Rogue Investing. All Rights Reserved. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Rogue Investing.com and all individuals affiliated with this site assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice. Information for any trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein. Affiliates of Rogue Investing.com may have a position or effect transactions in the securities described herein (or options thereon) and/or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies. HIGH RISK WARNING Trading foreign exchange, stocks, options, or futures on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade, you should carefully consider your objectives, financial situation, needs and level of experience. RogueInvesting.com provides general advice that does not take into account your objectives, financial situation or needs. The content of this website must not be construed as personal advice. The possibility exists that you could sustain a loss in excess of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin.You should seek advice from an independent financial advisor. Past performance is not necessarily indicative of future success. Sent to: {EMAIL} [Unsubscribe]( Rogue Investing, 721 Court St., Unit #1, Lynchburg, VA 24504, United States