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House Republicans Block Vote on Iran War Powers Resolution That Was Expected To Pass
House Republicans on Thursday canceled a vote on a War Powers Resolution to end President Trump’s war against Iran as it became clear they didn’t have the votes to defeat the measure. The delay means that the House won’t take up the bill until after lawmakers return from their Memorial Day recess. “Republicans just prevented […]
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Jun 24, 2026 / Tyler Durden
Cerebras Plunges To Post-IPO Low On Striking Admission: The US Has A Dire Shortage Of Operating Data Centers
Cerebras Plunges To Post-IPO Low On Striking Admission: The US Has A Dire Shortage Of Operating Data Centers
Just over two years ago, we first penned our views on "The Next AI Trade", which looked beyond the hyperscalers and the data centers supporting the AI revolution, and instead focused on the energy and logistical needs that would be so very critical in allowing the US to dominate China in the existential race to first reach Artificial General Intelligence (which many have dubbed the next nuclear arms race due to its...
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Mar 17, 2026 / Dave DeCamp
Top US Counterterrorism Official Resigns Over War With Iran
National Counterterrorism Director Joe Kent announced on Tuesday that he was resigning from the Trump administration over the US-Israeli war against Iran, saying he could not “in good conscience” support the conflict. “After much reflection, I have decided to resign from my position as Director of the National Counterterrorism Center, effective today,” Kent said in […]
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Apr 19, 2026 / Tyler Durden
Short-Covering Rally... Or Something More?
Short-Covering Rally... Or Something More?
Authored by Lance Roberts via RealInvestmentAdvice.com,
▶ WEEK CLOSE: S&P 500 7,126.06 (+1.2%) | Nasdaq 13-Day Win Streak (longest since 1992) | Russell 2000 New ATH | Brent Crude -9.1% | VIX 17.42
What began as a short-covering rally on April 7th has spent the last two weeks proving the bears wrong. Friday’s close at 7,126, the first finish above 7,100 in the index’s history, up 13.1% from the March lows, arrived alongside one of the most consequential single-session catalysts of the year. Iran declared the Strait...
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