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Futures Flat Despite Blowout Nvidia Earnings
Futures Flat Despite Blowout Nvidia Earnings
US equity futures managed to erase overnight losses and were trading flat after Nvidia and Salesforce failed to assuage fears about an overheated AI economy while traders awaited color from today's round of US / Iran talks. As of 8:00am S&P futures were unchanged and nasdaq futures were down 0.1%, with NVDA up 1% premarket but well off overnight highs after its earnings report and guidance smashed expectations while CEO Jensen Huang talked about “exponentially” growing computing demand and “skyrocketing” adoption of AI agents. It wasn’t enough, especially...
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Mar 20, 2026 / Tyler Durden
What 122 Universal Basic Income Experiments Actually Show
What 122 Universal Basic Income Experiments Actually Show
Authroed by Vance Ginn via the Daily Economy,
Artificial intelligence has become the latest excuse for reviving one of the oldest bad ideas in economic policy: a universal basic income. Recent pieces in Newsweek, the LSE Business Review, and Fortune have all helped push the idea that AI may soon wipe out so many jobs that Washington will need to send everyone a check.
Image Credit: Shutterstock
That makes for a catchy headline. It also makes for terrible economics.
The right question is not whether AI...
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Apr 6, 2026 / Ron Paul
Worse than John McCain?
Following President Trump’s address to the nation on Wednesday about the Iran War, stock markets suffered losses while oil prices rose. The decline in stocks and increase in oil prices reflected disappointment over President Trump’s failure to articulate a plan to end the Iran War and the related restraint of shipping through of the Strait […]
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Feb 16, 2026 / Kyle Anzalone
Top Israeli Official: Hamas Has 60 Days to Disarm
A senior advisor to Prime Minister Benjamin Netanyahu said Israel is giving Hamas 60 days to disarm. Hamas has stated that it will only disarm as part of the process of the creation of an independent Palestine. Cabinet Secretary Yossi Fuchs said Monday that Israel was giving Hamas 60 days to disarm out of respect […]
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