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GDP Shocker: 75% Of US Growth In The First Quarter Was Due To AI

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...
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Mar 26, 2026 / Tyler Durden
Microsoft Freezes Hiring In Cloud And Sales As Stock Suffers Worst Start To Year On Record
Microsoft Freezes Hiring In Cloud And Sales As Stock Suffers Worst Start To Year On Record Microsoft shares were trading lower Thursday afternoon, leaving the stock deeper in bear-market territory and down about 24% on the year. Seasonal data suggests it is the worst start to a year for Microsoft on record.  A new report from The Information says Microsoft executives have instructed managers across major divisions, including Azure cloud and North American sales, to freeze hiring as part of a broader effort to reduce costs and boost margins ahead of...
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Sep 18, 2026 / Tyler Durden
WW3 Near-Miss? AI Hallucinated Nuclear Weapons Components Aboard Chinese Vessel Bound For Iran
WW3 Near-Miss? AI Hallucinated Nuclear Weapons Components Aboard Chinese Vessel Bound For Iran Could runaway artificial intelligence (AI) spark a future WW3? We don't need movies like Terminator 2 and its SkyNet to help us imagine this, it's 2026 and there is already a terrifying real-world precedent that could have kicked off a shooting war with nuclear-armed China. A human analyst within the US intelligence community utilized data gathered by AI for a report that was later widely circulated across classified Pentagon channels, except that the chatbot which was relied upon in effect...
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Apr 7, 2026 / Tyler Durden
Iranian Kurdish Groups Deny Receiving US Arms After Trump's 'Guns For Protesters' Remark
Iranian Kurdish Groups Deny Receiving US Arms After Trump's 'Guns For Protesters' Remark Via The Cradle Several Iranian Kurdish opposition groups on Monday denied reports that the US had armed them during anti-government protests and riots that erupted in January, leaving over 3,000 Iranians dead. Mohammed Nazif Qaderi, a senior official from the opposition Kurdistan Democratic Party of Iran (KDPI), called the reports "baseless," saying, "We haven't received any weapons. The weapons we have are from 47 years ago, and we obtained them on the Islamic Republic's battlefield, and we bought some from the...
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