Was SK Hynix's US Debut The AI Bubble Top? BNP Says It's Still 1998

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...

US embassies across the Middle East issued new security alerts to Americans in the region on Tuesday as the US launched what appeared to be a heavy round of airstrikes across Iran’s coast and the IRGC began to respond with attacks on US bases. US embassies in Jordan, Jerusalem, the UAE, Saudi Arabia, Bahrain, and […]

First let me explain the meaning of the X message and photo that appears above… the cancellation of the training exercise is a key indicator that the Pentagon is going to deploy the some, if not all, of the 82nd Airborne Division to the Persian Gulf. Final destination unknown. You may recall an article I […]