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AMD Dumps & Pumps (To New Record High) After Beat-And-Raise

AMD Dumps & Pumps (To New Record High) After Beat-And-Raise Just wow... AMD shares initially puked after results dropped showing top- and bottom-line beats: EPS: $1.37 vs. $1.29 adjusted expected Revenue: $10.25 billion vs. $9.89 billion expected But now they are exploding higher after the second-largest AI chipmaker raised estimates: For the second quarter, AMD said it expects about $11.2 billion in revenue, versus expectations of $10.52 billion, according to LSEG That is a new record high... Revenue jumped 38% from $7.44 billion a year ago, the company said in a release on Tuesday, beating in every segment... Data center...
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Mar 11, 2026 / Larry C. Johnson
Choke Point: The Global Economic Consequences of The Persian Gulf Shutdown
The Persian Gulf is the most consequential body of water in the global economy. Its narrow exit — the Strait of Hormuz, just 33 kilometres wide at its narrowest point — acts as a valve through which flows an extraordinary share of the world’s energy and agricultural inputs. A sustained closure of that valve by […]
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Mar 28, 2026 / Tyler Durden
The Weird Obsession With Flying First-Class Among America's Anti-Capitalists
The Weird Obsession With Flying First-Class Among America's Anti-Capitalists Whether it was the head of a left-wing nonprofit reportedly linked to a Marxist propaganda network connected to a China-based billionaire last week, or Democratic socialist Bernie Sanders on Friday afternoon, there was one common denominator among these "champagne" socialists: their obsession with living an affluent, elitist lifestyle, including flying first class. TMZ reported on Friday that the socialist Senator from Vermont was flying first class out of Reagan National Airport yesterday afternoon as the government shutdown drags on. .@TMZ making sure you...
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Mar 30, 2026 / Tyler Durden
Dutch Treasury Banking Portal Goes Dark For 1,600 Public Institutions After Cyberattack
Dutch Treasury Banking Portal Goes Dark For 1,600 Public Institutions After Cyberattack The Dutch Finance Ministry informed members of Parliament in a letter on Monday about "unauthorized access" to several of its banking systems, including the digital portal for treasury banking. "Because of the ongoing forensic investigation and for security reasons, several systems have been temporarily taken offline, including the digital portal for treasury banking," Finance Minister Eelco Heinen wrote in the letter. Heinen warned that the cyberattack has resulted in "around 1,600 public institutions that hold their funds with the...
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