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Futures On Edge As Sliding Chips Spark Another Korea Crash, Payrolls On Deck
Futures On Edge As Sliding Chips Spark Another Korea Crash, Payrolls On Deck
US equity futures have reversed all overnight losses which were driven by the latest crash in South Korean stocks, which plunged 8% and closed at LOD, driven by a plunge in memory stocks. Still, the Nasdaq is still lower with tech stocks depressed on news that Sam Altman's OpenAI is seeking to offer a 5% stake to Trump in what is clearly an attempt to incentivize the government to backstop the company whose revenues are clearly below...
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Apr 12, 2026 / Tyler Durden
India's Nuclear Bet Is Starting To Pay Off
India's Nuclear Bet Is Starting To Pay Off
Authored by Haley Zaremba via OilPrice.com,
India's fast breeder reactor in Tamil Nadu achieved criticality earlier this month, making it self-sustaining and only the second commercial plant of its kind in the world.
The 500-megawatt plant advances India's goal of reaching 100 gigawatts of nuclear capacity by 2047, up from roughly 9 gigawatts today.
While the milestone is significant, experts warn India's 'all of the above' energy strategy may need to become more targeted as demand grows.
India has reached a milestone in its nuclear energy...
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Jun 19, 2026 / Tyler Durden
US Probes Whether ASML's Advanced Chip Machine Ended Up In China
US Probes Whether ASML's Advanced Chip Machine Ended Up In China
Not long after Shenzhen-based Huawei unveiled what it described as a breakthrough pathway for advanced semiconductor production at the recent IEEE ISCAS conference, the Trump administration raised concerns that one of Dutch chip-equipment giant ASML's extreme ultraviolet lithography, or EUV, machines may have fallen into Chinese hands.
Bloomberg reports that Commerce Secretary Howard Lutnick has raised concerns that one of ASML's EUV machines may have reached China despite US-led export controls.
ASML has pushed back on Lutnick's suggestion, explaining that none...
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Feb 17, 2026 / Alastair Crooke
Trump Kabuki Theatre in Ukraine: Nothing of Substance Gets Resolved
It is not a glitch (that nothing gets resolved). It’s a feature. For it opens rather, a path for “Business” to be done – for “stakeholder” deals to be cut, and for billions to be shared out in payoffs. This is Trump’s geo-political transactional model: Business displaces traditional negotiation (at least while the money flows); […]
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