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Futures Jump As Micron Revives AI Euphoria, Oil Erases War Gains
Futures Jump As Micron Revives AI Euphoria, Oil Erases War Gains
Global stocks and S&P futures are higher while Nasdaq futures are on a tear after Micron’s sales forecast blew the lights out, brushing aside fears over a near-term pullback in the AI trade, while Qualcomm set aggressive targets at its investor day in New York. As of 8:00am ET, a revival of the AI demand theme is sending contracts on the Nasdaq 100 up 2.1% while S&P 500 futures are up a more modest 0.7%. MU is +18% pre-market, pushing Semis...
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Apr 10, 2026 / Tyler Durden
Pull-Forward Demand Boosts PC Shipments Amid Memory Crunch Woes
Pull-Forward Demand Boosts PC Shipments Amid Memory Crunch Woes
The latest snapshot of the global PC market, from International Data Corporation's first-quarter shipment tracker, shows units rising 2.5% year over year to 65.6 million.
"Despite deteriorating macroeconomic conditions and memory shortage issues, the PC market recorded another quarter of positive growth," IDC wrote in the report published on Thursday morning.
IDC said last quarter's growth was "mostly fueled by the anticipation of rising component prices, Windows 10 migration, and new product introductions."
Jean Philippe Bouchard, research vice president at IDC, noted, "The...
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Jul 28, 2026 / John Weeks
Syria’s Sharaa Tells Al Jazeera His Nation Is Working To Establish Security Agreement With Israel
Syrian President Ahmed al-Sharaa said his nation is “actively working” to establish a security agreement with Israel during an exclusive interview Sunday with Al Jazeera’s Al Muqabala program. Al-Sharaa said several other nations were participating in the security talks and that any agreement reached would not involve renouncing Syria’s claim to the Golan Heights, which […]
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Jul 23, 2026 / Tyler Durden
To The Woke Woodshed: Burnham Is Funding UK Populism By Liquidating The Progressive Project
To The Woke Woodshed: Burnham Is Funding UK Populism By Liquidating The Progressive Project
Andy Burnham has been UK Prime Minister for three days, and he has already settled into a routine: announce something cheap for households in the morning, pay for it by killing a progressive unicorn.
The tally so far:
Monday, within hours of kissing rings at the Palace, Burnham signaled he would fast-track oil and gas development in the North Sea - which is just words for now, but 'un-Labour' enough that Donald Trump welcomed it in the same...
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