Sen. Blumenthal Says US ‘Seems To Be on a Path’ Toward Putting Troops in Iran

Most Americans do not believe that European members of the North Atlantic Alliance would come to the United States’ aid if attacked.  Politico reported that a NATO poll found that just 43% of Americans believe the bloc would assist the US if needed. While Politico was unable to view survey results from previous years, a […]

Futures Rise Ahead Of Critical Nvidia Earnings As Oil, Bond Yields Drop US equity futures are higher led by tech as the selloff in bonds eased and traders awaited earnings from Nvidia after the close. As of 7:30am ET, S&P futures are up 0.3% while Nasdaq futs rose 0.7% showing optimism heading into the release and overlooking weakness in tech during APAC trade. In premarket trading, NVDA is up 1.8% in premarket trading, as semis see a strong bid with Mag7 names almost all higher. Cyclicals ex-Energy are rallying led by Industrials...

Priced Beyond Perfection: Samsung Electronics Tumbles As Soaring Profit Not Good Enough The memory bubble appears to be rapidly deflating. After the semiconductor/memory sector was walloped in Monday US trading without any clear negative catalyst, the semiconductor-chasing world was eagerly waiting to hear what Samsung - the world’s largest memory maker - would report in its preliminary Q2 earnings report as investors sought to justify sky-high investments and valuations around AI. In the end, it was not good enough, and the stock is down 5% at last check.  Samsung Electronics’s quarterly profit surged...