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Priced Beyond Perfection: Samsung Electronics Tumbles As Soaring Profit Not Good Enough
Priced Beyond Perfection: Samsung Electronics Tumbles As Soaring Profit Not Good Enough
The memory bubble appears to be rapidly deflating.
After the semiconductor/memory sector was walloped in Monday US trading without any clear negative catalyst, the semiconductor-chasing world was eagerly waiting to hear what Samsung - the world’s largest memory maker - would report in its preliminary Q2 earnings report as investors sought to justify sky-high investments and valuations around AI. In the end, it was not good enough, and the stock is down 5% at last check.
Samsung Electronics’s quarterly profit surged...
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Jul 26, 2026 / Tyler Durden
Fauci Files: A Megalomaniacal Egomaniac Milking Covid For Everything It's Worth
Fauci Files: A Megalomaniacal Egomaniac Milking Covid For Everything It's Worth
Authored by Tom Elliott via Substack,
On May 28, 2021, Anthony Fauci learned that the Department of Health and Human Services would refer EcoHealth Alliance - the New York nonprofit that had routed NIAID money to the Wuhan Institute of Virology - to its inspector general. That night he wrote in his diary:
"I am certain that there will be some deficiencies that the IG will find as is always the case with IG audits. Certainly, whatever they find it will...
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May 22, 2026 / Tyler Durden
'Mission Impossible' Begins: Watch Live As Kevin Warsh Is Sworn In As 17th Fed Chair
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Kevin Warsh, who’s promised the biggest shakeup in decades at the US central bank, is set to be sworn into office this morning at 1100ET in a White House ceremony as the 17th chair of the Federal Reserve.
Warsh takes over at a tense moment for the economy and the central bank. Inflation has reaccelerated, driven by the impact of war in the Middle East on energy supplies. The Fed, meanwhile, has been battered by President...
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Mar 6, 2026 / Tyler Durden
Oil Explodes To 29-Month Highs After Trump Says "No Deal" With Iran Except Under "Unconditional Surrender"
Oil Explodes To 29-Month Highs After Trump Says "No Deal" With Iran Except Under "Unconditional Surrender"
The war has entered its seventh day, but there could be a glimmer of hope for some kind of diplomatic-led offramp as Iranian President Masoud Pezeshkian indicated Friday that several countries have begun mediation efforts to end the war with the United States and Israel, but insists negotiations must confront those who started the conflict. "Some countries have begun mediation efforts. Let’s be clear: we are committed to lasting peace in the region, yet we...
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