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Broadcom Crashes After AI Chip Revenue Forecast Misses

Broadcom Crashes After AI Chip Revenue Forecast Misses Broadcaom stock is plunging in after-hours trading, after the company reported Q2 results which delivered a disappointing forecast for AI chip revenue, signaling that the company is either progressing more slowly than anticipated in the burgeoning industry, or that unlike its peers, is actually truthful in predicting the potential of the AI bubble. The historicals were ok: in the fiscal second quarter, which ended May 3, sales rose 48% to $22.2 billion, just barely beating the $22.1 estimate. AI semiconductor revenue was $10.8 billion, also...
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Jun 26, 2026 / Tyler Durden
Vance: Iran Agreed To Establish A Direct Line Between IRGC & US Military
Vance: Iran Agreed To Establish A Direct Line Between IRGC & US Military Authored by Dave DeCamp via AntiWar.com, Vice President JD Vance has said that during talks in Switzerland, Iranian officials agreed to establish a direct line of communication between Iran’s Islamic Revolutionary Guard Corps (IRGC) and the US military. Vance told Sohrab Ahmari, the US editor for UnHerd, that one of the things the US wanted to "come out" of the talks with was a "channel on the Iranian side" for reducing conflict. Reuters/Pool "Which we did. They were like, 'OK, fine, we’ll send...
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Apr 7, 2026 / Tyler Durden
Germany's Debt Spiral: Bundesbank Chief Breaks Silence
Germany's Debt Spiral: Bundesbank Chief Breaks Silence Submitted by Thomas Kolbe It’s not every day that top officials of the German Bundesbank take an explicit stance on daily politics. Nagel’s stark warnings about Germany’s debt and the government’s creative accounting were surely met with grim recognition in Berlin’s corridors of power. Open criticism is rare there, and when it comes from credible insiders, it stings even more. Bundesbank President Joachim Nagel  Chancellor Friedrich Merz and his Finance Minister Lars Klingbeil apparently still believe the fairy tale that debt-fueled demand policy can create economic miracles,...
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May 20, 2026 / Tyler Durden
AI Is Making Business Email Compromise Nearly Impossible To Spot
AI Is Making Business Email Compromise Nearly Impossible To Spot Authored by Adam H. Douglas via The Epoch Times (emphasis ours), Business email compromise (BEC) is a targeted fraud scheme in which criminals impersonate vendors, executives, or accountants to steal money from businesses. AI has made these attacks dramatically harder to detect by generating personalized emails that mirror real writing styles and existing business relationships. Criminals are using AI to create highly convincing business email scams that can drain company accounts. Who is Danny/Shutterstock The FBI reported more than $20 billion in internet...
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