Doug Brignole's Iron Man Archive

If you think the war is over, think again. Iran has not agreed to a ceasefire. They have agreed to stop retaliating as long as Israel and the US stop their attacks. So that ball is in the West’s corner. Despite the White House claim that the Strait of Hormuz is now open for business, […]

Toyota And Honda See Sharp Declines In Profit Amidst Iran War Pressures, Spiking EV Costs Toyota expects a sharp decline in profit as rising material and shipping costs tied to the Iran conflict pressure its business, according to Bloomberg.  The automaker projected operating income of ¥3 trillion for the fiscal year ending March 2027, well below both analyst expectations of ¥4.6 trillion and last year’s ¥3.8 trillion. The company said supply chain disruptions are driving up costs for aluminum, resins, and other materials, while logistics issues remain unpredictable. Toyota estimates the regional...

"DeepSeek Of The West" Reflection Inks Major Compute Deal With SpaceXAI SpaceX shares tumbled for a third straight session, down around 9% late in the U.S. cash morning, after the Elon Musk-led company said it would sell investment-grade bonds for the first time. However, a new headline crossed around 11:05 a.m. ET via Axios, reporting that Reflection, the Nvidia-backed open-source AI startup, had signed a major compute deal with SpaceXAI. Under the deal, Reflection will pay SpaceXAI $150 million per month starting next Wednesday, July 1, through 2029, following an initial ramp...