The Sy Hersh effect: killing the messenger, ignoring the message

US Weighs Deployment Of Elite Airborne Troops As Hawks Push Kharg Island Takeover A steady flow of headlines continue to point in the direction of escalation in Iran and around the Persian Gulf, even as President Trump has touted backchannel dialogue with Tehran, which Iranian leaders have denied. The NY Times writes Monday afternoon, "Senior military officials are weighing a possible deployment of a combat brigade from the Army’s 82nd Airborne Division and some elements of the division’s headquarters staff to support U.S. military operations in Iran, defense officials said." US Army...

Nvidia Smashes Estimates With Record Revenue And Blowout Guidance; Stock Jumps Heading into NVDA's earnings, we said that all else equal, the bare minimum for the stock - which has underperformed peers rather dramatically in recent months - to outperform, was to (solidly) beat expectations of another 2+2 quarter, i.e., beat the guide by $2BN and beat Street expectations for the April quarter guide by $2BN.  What they got was a blowout 2.2+5: Q4 revenues beating by $2.2BN and guidance beating the midpoint by about $5BN Here are the details from the just...

President Donald Trump announced that the Board of Peace had received $5 billion in donations for Gaza aid and reconstruction. The President also repeated his demand that Hamas disarm.  Trump wrote on Truth Social Sunday that the Board of Peace “will announce that Member States have pledged more than $5 BILLION DOLLARS toward the Gaza […]