Liang Wenfeng described intense demand for Nvidia processors, the limits of Huawei substitutes, and access to chips he called 'noncompliant'...

The contributors to the increase in real GDP in the second quarter were increases in consumer spending, investment, and exports that were partly offset by a decrease in government spending.

"Hormuz shipping bottleneck endures..."

While it is not yet clear who is responsible for the attacks, Iranian-linked hackers have, for years, targeted U.S. water systems to varying levels of success...

The drug revolution goes on.

Shares reversed kneejerk gains as investors continue showing caution related to deals in the AI/hyperscaler space...

So, the 'low hire, no fire' economy leaves Americans still spending but higher prices are forcing savings to be drawn down to maintain quality of life.

...Fed's favorite inflation gauge also slowed...

At least three IRGC troops confirmed killed, and a family in Qeshm Island...

Talking the AI bubble to gold, silver and the future of the dollar...

“We’ve seen the hyperscalers that have been wanting to spend more, without backing up with profits, getting penalized. But then you have Microsoft, which isn’t spending any more than it forecast and is growing its cloud business. That’ll remain key."

"When you nudge households into the market, and then they take losses of this size in 48 hours, the political pressure to do something becomes intense." 

"We're going to beat the fuc*ing sh*t out of them," Trump told Fox.

Semis were dumped. AI fundamentals weren't.

The company has been hit by collapsing sales in China, U.S. tariffs and costly investments in electric vehicles that have yet to produce the expected returns...

"2Q good but not good enough" ...

Pakistani Foreign Ministry Spokesperson said discussions between Tehran and Washington are ongoing regarding the situation in the Strait of Hormuz and de-escalation, Al Jazeera reported.

 Hundreds of millions poured into anti-racism ideology while victims of knife crime are left to die under two-tier justice...

...here's where buying a home is relatively attainable... and where it remains far out of reach...

“The proposals are aimed at tackling speculative projects from securing scarce network capacity without any firm intention to connect, ensuring the queue enables investment ready, viable projects...”