Doug Brignole's Iron Man Archive

Why Memory Stocks Crashed Today: TurboQuant Just Changed The Game With "Google's DeepSeek Moment" With stocks closing solidly in the green despite some painful wobbles during the day, one sector was a notable laggard: the same sector that had dramatically outperformed the S&P since memory prices soared last October: memory stocks, most notably MU and SNDK. In his EOD wrap, Goldman tech specialist Peter Callahan wrote that while there wasn't that much actual "angst" out there, his clients complained of plenty of "sanity checking" on the moves today in memory (MU...

OPEC+ Agrees To Boost Output By Another 206,000 Barrels A Day When Strait Of Hormuz Reopens With the world's attention glued to every headline out of Iran, it is understandable why today's OPEC+ meeting was largely ignored, although with roughly 12% of global oil output throttled at the Strait of Hormuz, it's not as if even OPEC+ could do much to offset the supply shock.  Earlier on Sunday, the oil-producing cartel (where Iran is a founding member yet was missing from the Joint Ministerial Monitoring Committee) warned that damage to Middle...

Minnesota Whistleblower Alleges Years Of 'Reckless Disregard' At Fraud-Plagued Agency Authored by Janice Hisle via The Epoch Times (emphasis ours), Seven years after Faye Bernstein first blew the whistle on waste, fraud, and abuse concerns, “nothing is changing” at the Minnesota Department of Human Services, she told lawmakers during an April 7 hearing at the state Capitol in St. Paul. Faye Bernstein, a whistleblower who works for the Minnesota Department of Human Services, testifies before the state's Fraud Prevention and State Agency Oversight Policy Committee in St. Paul, Minn., on April 7,...