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Futures Slide As Tech Tumbles, Korea Crashes
Futures Slide As Tech Tumbles, Korea Crashes
US equity futures are sharply lower as a Semis/South Korea-induced selloff has spread globally slamming tech stocks and pushing SpaceX 3% lower and below its first day of trading price of $150. Nasdaq stocks lead sentiment and early trading lower with AI cost concerns back in focus, as Bloomberg notes that traders are pointing to a South Korean media report we first highlighted at 8pm last night, saying SK Hynix is slowing expansion of AI memory chip production and shifting emphasis to commodity DRAM. As...
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Mar 8, 2026 / Dave DeCamp
Report: Trump Has Expressed ‘Serious Interest’ in Sending Troops Into Iran
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Apr 6, 2026 / Ron Paul
Worse than John McCain?
Following President Trump’s address to the nation on Wednesday about the Iran War, stock markets suffered losses while oil prices rose. The decline in stocks and increase in oil prices reflected disappointment over President Trump’s failure to articulate a plan to end the Iran War and the related restraint of shipping through of the Strait […]
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Feb 20, 2026 / Tyler Durden
Nvidia Favors $30 Billion OpenAI Investment, Retreating From Prior $100 Billion Commitment
Nvidia Favors $30 Billion OpenAI Investment, Retreating From Prior $100 Billion Commitment
Update (Friday):
Bloomberg reported earlier this week that OpenAI is nearing completion of a new funding round that could raise more than $100 billion. Separately, the Financial Times reported on Thursday that Nvidia is close to finalizing an investment of about $30 billion in OpenAI, a significantly smaller amount than the $100 billion commitment agreed upon last year.
FT cited people familiar with the funding round who said the "final stages" have begun and that Nvidia's $30 billion equity...
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