Majority Believes They Will Achieve The American Dream

Samsung Earnings Beat Expectations But Stock Abruptly Reverses Kneejerk Gains Samsung Electronics delivered another good quarter last night, underscoring that the AI infrastructure boom appears to continue to funneling enormous profits toward the companies supplying the memory chips powering. Shares were up 10% at one point but finished the session red. The South Korean technology giant reported second-quarter revenue of 171.5 trillion won and operating profit of 89.5 trillion won, according to CNBC, beating analyst expectations of 79.3 trillion won and marking another record quarter. Operating profit surged more than eighteen-fold...

Trump Warns 'Activity' Seen At Iran's Pickaxe Mountain Nuclear Site: 'Don't Get Cute' This week there's been more mainstream reporting and chatter centered on Iran's Pickaxe Mountain. The nuclear development site has been of special interest and focus to the Trump administration due to how immensely fortified it is, meaning the Iranians can conduct uranium enrichment activities deep under the mountain if they so desire. The US and IAEA are essentially operating blind on this, and that's exactly how the Iranians want it of course. A Thursday Bloomberg report begins: "The...

The Food Supply Chain Is Breaking... Again Authored by John Rubino, Spring has sprung, which means seeds that were planted in late winter are starting to germinate. They’re hungry and will only grow to their full nutritional potential if they’re well fed. But that, apparently, isn’t happening, as fertilizer supplies are interrupted by yet another pointless Middle East war. The result? Global food shortages that might dwarf the COVID-era Costco-hoarding mess of recent memory. Here’s an overview: Shanaka Anslem Perera @shanaka86 BREAKING: The nitrogen trap just closed. Three locks snapped shut simultaneously. The planting window is closing behind them....