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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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Long after the Iran war is just a bookmark in the history books, one distinct consequence will persist: much of the world, at least the part that does not fall under the Chinese sphere of influence, will do everything it can to avoid the Strait of Hormuz and failing that, have a Plan B. Just like when the Biden admin weaponized the US Dollar in 2022 by booting Russia from...
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Humanoid War Robot Gets Advanced AMD-Powered AI Brain
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At the start of February, we began tracking startup Foundation Robotics after publicly available news reports and X posts suggested it could become one of the first US companies to deploy humanoid robots on the modern battlefield.
TIME later reported that the company's robots had been sent to Ukraine for testing and evaluation, raising the prospect that these war bots could soon reach the front lines in Eastern Europe.
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