Amazon In Talks To Sell Its Trainium AI Chips To Other Firms, In Challenge To Nvidia Dominance

Israeli Finance Minister's Son Wounded In Hezbollah Rocket Attack Via The Cradle At least eight Israeli soldiers were injured by Hezbollah rockets near the border with southern Lebanon on Friday, including the son of Finance Minister Bezalel Smotrich, according to Israeli media. The Lebanese resistance targeted Israeli troop gatherings on Friday. A rocket struck a group of soldiers, wounding eight, five of whom are in serious condition, according to Israel’s military. The Givati Brigade soldiers were transported to the hospital for treatment. Smotrich’s office released a statement saying his son was among the wounded...

The Disastrous UK Disability Signal That Corroborates The US Data! Authored by Ed Dowd: Beyond the Narrative via Substack, The Disability Signal Across the Atlantic On August 11 I wrote US Disabilities Hit an All-Time High of 37 Million In July: UP 23% Since Feb 2021. The BLS Current Population Survey printed 37,029,000 Americans 16 and over reporting a disability. That is seven million more people since February 2021, a 3-to-4 sigma break from the pre-2020 plateau that has not mean-reverted. The inflection is February 2021 with the Covid vaccine rollout not in...

SpaceX Shares Fall Below $135 IPO Price, But The Real Story Is Its Bonds SpaceX has slipped below its much-hyped $135 IPO price, and down 40% from the all time high hit during the June 15th gamma squeeze when the stock surged above $220 if ovenright trading, an "inevitable outcome" according to Bloomberg, which lends some validation to the skepticism surrounding "a valuation that always relied more on imagination than observable fundamentals." Wall Street’s price target estimates spanned from roughly $60 to $800 (from Raymond James), a forecast that was 5x...