European Rearmament Efforts Snuffed By Chinese Control Of Critical Materials

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...

Anti-Social Media Social media may have been built to connect people, but entertainment and diversion now appear to be its main draws. As Statista's Felix Richter reports, according to Statista Consumer Insights, nearly half of U.S. respondents say entertainment is an important criterion when it comes to social media, ahead of passing time and communicating with friends and family. You will find more infographics at Statista Among young adults aged 18 to 29, the social dimension of social media is even less pronounced: 32 percent cite staying in touch with friends and family as important,...