Outrage In Sacramento: California Parole Board Grants Release Of Serial Child Rapist

As many as 150 US troops have been wounded in the war with Iran since it was launched by the US and Israel on February 28, Reuters reported on Tuesday. Prior to the report, the Pentagon had only said that eight US soldiers were “seriously wounded” and confirmed the deaths of eight US service members, […]

Futures Slide As Tech Tumbles, Korea Crashes US equity futures are sharply lower as a Semis/South Korea-induced selloff has spread globally slamming tech stocks and pushing SpaceX 3% lower and below its first day of trading price of $150. Nasdaq stocks lead sentiment and early trading lower with AI cost concerns back in focus, as Bloomberg notes that traders are pointing to a South Korean media report we first highlighted at 8pm last night, saying SK Hynix is slowing expansion of AI memory chip production and shifting emphasis to commodity DRAM. As...

Jet Fuel Shortage Deepens Pressure On Global Airlines Via City AM, Heathrow’s April passenger numbers fell 5% to 6.7 million, with Middle East traffic down 50%. Transfer traffic rose 10% as travellers rerouted through Heathrow to Asia and Oceania. Airlines are facing mounting pressure from jet fuel shortages and higher oil prices. Fewer passengers were heading to Heathrow Airport in April as the war in the Middle East keeps travellers grounded. Passenger numbers at Europe’s biggest airport fell by five per cent in April to 6.7m with the blame being attributed to the “ongoing impact of the...