BofA's Blanch Joins Goldman In Calling For $90 Brent This Year Amid "Pretty Large Deficit" Fears

It’s not hyperbole to say that America is broken; badly broken. The hope that Donald Trump would put America on the right path has also been broken. Yet another Middle East war is the very last thing that our nation needed. With each passing moment, the costs are mounting. How much can the American people, […] The post Counting The Costs: Another War Is Not What America Needed appeared first on LewRockwell.

Amazon's Cloud Unit In Bahrain "Disrupted" By Iranian Strike Just one day after the Islamic Revolutionary Guard Corps threatened U.S. companies across the Middle East, the Financial Times reported late Tuesday morning that an IRGC strike had damaged Amazon's cloud computing infrastructure in Bahrain.  The FT cited Bahrain's interior ministry, which said civil defense teams were "extinguishing a fire in a facility of a company as a result of the Iranian aggression." Local authorities did not identify the company, disclose the type of air-delivered munition used, and/or provide further operational details about the strike. But according...

Corning Shares Erupt On Nvidia Deal To Supercharge Fiber Optics Output By 10x U.S.-based glass company Corning soared in premarket trading in New York after announcing a new mega deal with Nvidia to expand manufacturing capacity for fiber optic production used in AI data centers. "Corning will increase its U.S.-based optical connectivity manufacturing capacity by 10x and expand its U.S. fiber production capacity by more than 50% to meet the accelerating demand driven by AI factory buildouts," Nvidia wrote in a press release.  The expansion includes three new manufacturing plants in...