In Defense of National Borders

Nvidia Unchanged Despite Big Earnings Beat And Solid Guidance As we discussed extensively in our preview, besides the Q1 revenue and guidance ($82BN+ and $90BN whisper respectively), Wall Street was expecting to get more color on the following topics during today's call and Q&A: Potential for increased shareholder cash returns, Vera Rubin ramp timing (2H 26E), Gross margin durability (~75% amidst continued memory/other cost inflation), Update to the $1 Trillion 25-27 forecast, esp. contribution from LPU racks, CPU and Vera Rubin Ultra, not included before Potential upside from agentic AI to the server CPU...

CDC Adds Another Airport For Screening Of Travelers Who Might Have Ebola Authored by Zachary Stieber via The Epoch Times, Two more airports have been added as options for people traveling from countries affected by the Ebola outbreak in Africa. People traveling from Congo, Uganda, or South Sudan can go to the Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia, and George Bush Intercontinental Airport in Houston, Texas, starting May 26, Customs and Border Protection said on May 22. The CDC said in a statement that Atlanta airport “has established operational procedures in place”...

Italian Diplomatic Sources Deny Talks With Iran To Open Hormuz Update(1140ET): Italy denies talks with Iran, but still nothing official on a public level from government ministers: No negotiations are under way with Iran to guarantee safe passage through the Hormuz Strait for Italian ships or oil tankers, an Italian Foreign Ministry source has told Reuters, denying a report in The Financial Times. “In their diplomatic contacts, Italian leaders want to favour the conditions for a general military de-escalation, but there is no under-the-table negotiation aimed at preserving only some merchant ships...