Aircraft Carrier Strike Group To Leave Middle East, Reducing Footprint Amid Iran War

The Day The Memecoin Dies Submitted by QTR's Fringe Finance I opened Twitter this morning and saw a photo of a group of guys, lanyards swinging, hoodies zipped, shuffling off to a “memecoin conference.” Which is to say we have reached the point in the batshit insanity cycle where people are boarding planes and booking hotels to celebrate coins that started as jokes about dogs. Pause and really sit with that. Memecoins are not businesses. They are not technologies in any meaningful sense. They produce nothing, fix nothing, and generate exactly zero in...

Quantum Computing: Hype Or The Real Deal? Authored by Michael Lebowitz via RealInvestmentAdvice.com, The word “quantum” is defined as “an amount,” with its Latin root meaning “how much.” In physics, a quantum is the smallest discrete unit of any physical property. The adjective form, as in “quantum leap,” describes a sudden, significant, and fundamental change. It is also a perfect adjective for coining the next potential technological innovation—quantum computing. Quantum computing is being hailed as the next technology to revolutionize computing, following in AI’s footsteps. The headlines below, though confusing for non-quantum...

Here's Why the US Manufacturing Surveys Are Diverging So Dramatically... Update (1015ET): As we noted below, there was a significant divergence between the two manufacturing surveys for July... which is not that unusual, and also an odd divergence between falling inflation expectations and universally rising commodity prices. Based on the responses to the ISM survey, we may have found the answer... and it's a familiar one in this bifurcated economy... Green ones from AI, semiconductor, electronics and machinery firms report strong demand from AI data centers, chips and defense. Red ones from metals,...