Trump Will Allow Ukraine to Produce Patriot Interceptors

75% Of US GDP Growth In The First Quarter Was Due To AI On the surface, today's final revision (aka 3rd estimate) of the US Q1 GDP print was unremarkable: Real GDP grew 2.1% annualized in the first quarter, a reversal of last month's downward revision of 1.6%, but back to where the original print was when it was reported in April, when the BEA reported 2.0% growth.  The print reflected a downward revision to imports, which are a subtraction in the calculation of GDP, that was partly offset by a...

IDF Chief of Staff Eyal Zamir said that he approved attack plans for Iran and Lebanon. The statement was made in the middle of a two-week ceasefire.  On Wednesday, Zamir said he “approved plans for the continuation [of the war] – both in Lebanon and in Iran.” Israel, the US, and Iran are currently in […]

Ryan Cohen’s Massive $35 Billion Pay Deal Draws Shareholder Lawsuit A GameStop shareholder has taken the company to court in an effort to delay a July vote on Ryan Cohen's proposed $35 billion pay package, arguing investors aren't getting the full story before being asked to approve it, according to Yahoo Finance.  The lawsuit accuses GameStop's board of repeatedly changing the voting process in ways that could tilt the outcome toward management. Among the disputed changes are whether Cohen can vote his own sizable stake and how non-votes are treated when...