US Fumes After Iran Chosen as a Vice President of Non-Proliferation Treaty Conference

Meet The Stupidest Spring-Breakers In America: "Who The F**k Is Ayatollah?" Fox News found who might be the dumbest spring breakers in all of the United States - and you will feel dumber listening to what they have to say. Fox producer Johnny Belisario hit the beaches in Florida and fired off multiple questions at partiers on current events, ranging from the U.S. and Israel’s war against Iran to President Donald Trump’s performance. When asked what he thinks Trump “has been doing recently,” one woman with no shame replied, “The Gulf of...

SpaceX Reportedly Lowers IPO Valuation Target SpaceX is targeting a valuation of at least $1.8 trillion in its upcoming initial public offering, Bloomberg reported, citing people familiar with the matter. This is below an earlier goal of more than $2 trillion. In practice, the initial IPO valuation target is a marketing range, not a final number. Therefore, any valuation shifts ahead of the trading day would not be unusual. This suggests advisers are calibrating the deal to what investors are willing to absorb, especially given the massive proposed raise of...

GDP Shocker: 75% Of US Growth In The First Quarter Was Due To AI On the surface, today's Q1 GDP print was unremarkable: Real GDP grew 2.0% annualized in the first quarter, somewhat below consensus expectations of 2.3% and reflecting a surprisingly small rebound in government spending after the shutdown drag in Q4. Federal government spending contributed only half as much to real GDP growth in Q1 (+0.6%) as it subtracted in Q4 (-1.2%), implying that the level of real federal government spending in Q1 is 2.2% below its level...