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Texas Instruments Jumps Most Since Dot-Com On Upgraded Outlook; Goldman Sees Analog Recovery
Texas Instruments Jumps Most Since Dot-Com On Upgraded Outlook; Goldman Sees Analog Recovery
Shares of Texas Instruments jumped the most since the Dot-Com bubble era after the chipmaker issued a stronger-than-expected second-quarter forecast, signaling that demand is rebounding across industrial markets and data centers. Goldman analysts told clients the guidance suggests the "analog recovery is continuing."
Revenue guidance of $5 billion to $5.4 billion and profit guidance of $1.77 to $2.05 a share both came in well above the Bloomberg Consensus estimate of estimate $4.85 billion, while first-quarter results also...
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Jun 2, 2026 / Tyler Durden
Russia Unleashes Its Threatened Mass Bombardment: At Least 18 Killed, Over 100 Wounded Across Ukraine
Russia Unleashes Its Threatened Mass Bombardment: At Least 18 Killed, Over 100 Wounded Across Ukraine
The Kremlin spent much of the last week warning foreign diplomats and bystanders to evacuate Ukraine's capital, warning that an escalation in airstrikes is imminent, in response to Ukraine's own drone swarms sent against Moscow and other Russian sites last month - especially the Starobelsk dormitory attack.
"In response to terrorist attacks by the Kyiv regime, the Russian Armed Forces launched a large-scale strike using long-range, high-precision air, land and sea-based weapons — including hypersonic aero-ballistic missiles...
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Jun 2, 2026 / Tyler Durden
Trump Signs AI 'Cyber Defense' Executive Order
Trump Signs AI 'Cyber Defense' Executive Order
Authored by Jacob Burg via The Epoch Times,
AI companies would be required to submit their frontier models on a voluntary review basis before public releases.
President Donald Trump signed an executive order on June 2 intended to address cybersecurity threats posed by artificial intelligence (AI) technology and the new frontier models being released by major industry players.
Signed in private, the order allows some AI firms to submit their cutting-edge frontier models to a voluntary government review 30 days before a full public release.
That would...
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May 3, 2026 / Tyler Durden
Bessent On Iran: "We Are Suffocating The Regime"
Bessent On Iran: "We Are Suffocating The Regime"
Treasury Secretary Scott Bessent joined Fox News' Sunday Morning Futures with Maria Bartiromo to discuss how the Trump administration is "suffocating" Iran with economic and financial pressure amid an ongoing U.S. military blockade of the Hormuz chokepoint.
"We are running a marathon over the past 12 months, and now we are sprinting toward the finish line"" Bessent told Bartiromo earlier this morning.
Bessent explained how the U.S. maximum pressure campaign on Tehran has become "a real economic blockade," claiming the regime is "not...
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