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Semiconductor Stocks Tumble After Microsoft Balks At $3B Oracle Cloud Deal
Semiconductor Stocks Tumble After Microsoft Balks At $3B Oracle Cloud Deal
Chip stocks tumbled even further in late Tuesday trading following a report that Microsoft just walked away from talks with Oracle about leasing the company's cloud infrastructure because of concerns over security and compliance.
The deal, according to Business Insider, would have been worth over $3 billion - as large Silicon Valley tech companies are running short on computing power (more on that later).
The plan was to move some Microsoft workloads to Oracle Cloud Infrastructure, but Oracle's public cloud did not have the...
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Apr 7, 2026 / Tyler Durden
Iraqi Protesters Overrun Kuwait Consulate, Angry Over Role In US Actions
Iraqi Protesters Overrun Kuwait Consulate, Angry Over Role In US Actions
Close US ally Kuwait finds itself under growing political pressure from its neighbor Iraq, related to the ongoing Iran war.
Angry crowds stormed the Kuwaiti consulate in Iraq's southern Basra governorate on Tuesday after rockets which came from the direction of Kuwait killed three people, according to police sources cited by Reuters and Al Arabiya.
BREAKING: Supporters of Iraq’s pro-Iranian Popular Mobilization Militias storm the Kuwaiti Consulate in Basra Province, Iraq, in protest against Kuwait's role with the U.S. in the...
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Mar 16, 2026 / Tyler Durden
Starmer Vows UK Won't Be Drawn Into Wider War In Middle East, Hormuz Crisis 'Not A Simple Task'
Starmer Vows UK Won't Be Drawn Into Wider War In Middle East, Hormuz Crisis 'Not A Simple Task'
British Prime Minister Keir Starmer spoke to President Trump on Sunday night, with Starmer on Monday describing that the two leaders discussed events "in the way that you would expect between two allies and two leaders" and he had a "good relationship" with the US president.
His articulation of an apparently positive and frank talk comes while he trying to dismiss suggestions the relationship with Britain's key ally had been damaged due to...
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Apr 22, 2026 / Tyler Durden
Federal Appeals Court Rules In Favor Of Ten Commandments In Texas Classrooms
Federal Appeals Court Rules In Favor Of Ten Commandments In Texas Classrooms
Authored by Kimberley Hayek via The Epoch Times,
A federal appeals court ruled April 21 that the state of Texas may order every public school classroom to display the Ten Commandments, marking a victory to supporters of the law.
The U.S. Court of Appeals for the Fifth Circuit, which voted 9–8, upheld Texas Senate Bill 10, overturning a lower-court injunction that had barred the 2025 law from taking effect.
“We conclude the Texas law does not violate either the Establishment Clause...
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