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Intel Shares Soar On Strong AI-Fueled Outlook, Surpassing August 2000 Peak
Intel Shares Soar On Strong AI-Fueled Outlook, Surpassing August 2000 Peak
Chipmaker Intel, which less than a year ago was trading like a distressed company, and required a capital infusion from the US government, and earlier today hit a 90x forward PE...
... soared after hours after giving a strong sales forecast for the current period, signaling that the recently struggling chipmaker is finally beginning to benefit from the giant build-out of artificial intelligence infrastructure. But before we get there, here is a quick look at what the company reported for...
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May 20, 2026 / Dave DeCamp
Trump Administration Indicts Cuba’s Former President, Setting Up Pretext for War
The US Justice Department on Wednesday unsealed an indictment for 94-year-old Raul Castro, Cuba’s former president and brother of long-time leader Fidel Castro, a move clearly aimed at providing a pretext for the US to attack the island nation. The indictment is related to the 1996 shoot-down of two planes belonging to the Brothers to […]
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Jul 8, 2026 / Tyler Durden
"They're Scum": Trump Says US-Iran Ceasefire Is Over, Sending Oil Higher
May 16, 2026 / Tyler Durden
China Confirms Boeing Jet Deal, Agrees To Cut Select Levies & Expand Agri Trade
China Confirms Boeing Jet Deal, Agrees To Cut Select Levies & Expand Agri Trade
Summary:
China, U.S. Agree To Cut Levies On Select Products, Expand Agricultural Trade
China, U.S. Reach Boeing Jet Purchase Agreement
U.S. And China Agree To Establish Trade And Investment Boards
Trump-Xi Summit Delivers Modest Trade Wins
China Responds With Agreements To Purchase Jets, Cut Levies, Expand Trade
One day after President Trump left Beijing, following his multi-day summit with Chinese President Xi Jinping, China's Commerce Ministry released new details about agreements it had reached to purchaseU.S.. planes and farm...
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