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"Early Signs Of A Turn In US Consumer Discretionary," UBS Says
"Early Signs Of A Turn In US Consumer Discretionary," UBS Says
Brent crude futures tumbled below the $80-per-barrel level earlier this morning for the first time since March as traders priced in the U.S.-Iran peace deal and the expected reopening of the Strait of Hormuz maritime chokepoint on Friday. Goldman Sachs and RBC Capital Markets both slashed their fourth-quarter Brent crude forecasts, reinforcing the view that the war-risk premium is rapidly deflating.
If oil has peaked, then inflation pressures may have peaked as well, a positive setup that could provide some...
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Sep 15, 2026 / Tyler Durden
Amazon Says Cloud Infrastructure In Bahrain, UAE 'Beyond Saving'
Amazon Says Cloud Infrastructure In Bahrain, UAE 'Beyond Saving'
Via The Cradle
Amazon Web Services (AWS) says it cannot restore access to its cloud-computing facility in Bahrain or one of three data-hosting zones in the UAE due to the extensive damage caused by Iranian retaliatory strikes, Reuters reported on 15 September.
"The damage to our infrastructure spanned multiple Availability Zones and exceeded what our regional and multi-AZ services are designed to withstand," AWS reported in its status update seen by Reuters.
via Stars & Stripes
In the UAE, resources and data held exclusively within...
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Oct 19, 2026 / Tyler Durden
DeepSeek Is Now Designing Huawei's AI Chips... Just As DHS Orders It Ripped Out Of Federal Systems
DeepSeek Is Now Designing Huawei's AI Chips... Just As DHS Orders It Ripped Out Of Federal Systems
Two DeepSeek headlines landed within hours of each other on Monday, and read side by side they tell you pretty much everything about where the US-China AI race is heading: two separate stacks, built by two separate camps, with less and less overlap every month.
Let's start in Hangzhou. According to The Information, DeepSeek has gone well beyond being a Huawei customer and is now effectively a co-designer of Huawei's next-gen silicon. Huawei engineers...
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Mar 20, 2026 / Tyler Durden
US Asian Ally Rejects Pentagon Request To Land Fighter Jets: More To Come?
US Asian Ally Rejects Pentagon Request To Land Fighter Jets: More To Come?
Sri Lanka is a US regional ally, and America remains the small south Asian nation's largest export market, accounting for nearly $3 billion of the $11.7 billion of goods Sri Lanka exports annually.
But tensions are soaring over the Iran war, and especially in the wake of a US submarine having torpedoed the Iranian warship IRIS Dena just off Sri Lanka's southern coast earlier this month - killing dozens of sailors and forcing Sri Lankan authorities into a rescue...
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