Black Rain Falls on Tehran After US-Israeli Strikes Blow Up Oil Infrastructure

The Apple AI Strategy: Discipline Over Hype Authored by Michael Lebowtiz via RealInvestmentAdvice.com, While tech giants invest billions in AI, Apple executives are quietly sitting on their hands and a mountain of cash. Given the massive growth in AI investments, as shown in the graphs below, executives of leading companies at the forefront of AI development must be ecstatic about the prospect of AI significantly boosting their bottom lines. The puzzling question, however, is why Apple isn’t following suit. Or could they be taking a different approach to winning the AI arms...

S&P Futures At Daily Record High Because RAM And World Peace US futures are trading at new all-time highs following Tuesday’s record-setting rally (when the S&P hit a new  record high on negative breadth as is now the norm) , bolstered by a growing chorus of Wall Street bulls: Goldman lifts its S&P 500 target, while Barclays strategists say investors still have capacity to chase the rally, while the memory bubble just keeps raging as the market value of Korea's SK Hynix sailed above the trillion-dollar mark just one day after fellow...

Cost Of California's High-Speed Rail Goes Up Again Authored by Kerry Johnson via  Pacific Research Institute for Public Policy, It was supposed to cost $33 billion when voters approved the train in 2008. It will now cost at least $126 billion. It was also supposed to be carrying 65.5 million to 96.5 million intercity riders a year by 2030. Yet now 2040 is the date for “full service to start.” Skeptics don’t believe we’ll ever see the train run with paying customers aboard. “In my judgment, the Draft 2026 Business Plan describes a project that...