Hormuz Fears Ease As Trump, Ghalibaf Virtually Sign US-Iran Deal, But Energy Flows Remain Months From Normal

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...

DOJ Is Done Releasing Epstein Files Authored by Steve Watson via modernity.news, In a move sparking fresh skepticism among Americans demanding full accountability, the new acting Attorney General Todd Blanche has declared the Jeffrey Epstein files chapter closed. This came just hours after President Trump reassigned Pam Bondi, with Blanche - Trump’s former personal attorney - stepping in as acting AG and signaling it’s time to move on from the scandal. “The DOJ has now released ALL the files with respect to the Epstein saga,” Blanche stated on Fox News. He added,...

AVs Drive More Safely... But Can Lead Nearby Human Drivers To Take Risks: Study Authored by Jeremy Lott via The Epoch Times, The way automated vehicles (AVs) drive frustrates many motorists sharing the road with them, leading to more dangerous driving and possibly road rage. A line of Waymo robotaxis drives through North Beach in San Francisco, Calif., on July 7, 2026. Heather Diehl/Getty ImagesThat is one way to interpret the findings of researchers at Chinese universities in a newly released paper that aims to gauge the effects of integrating AVs into...