AI Winners Unwind Sparks Panic In South Korea As SK Hynix Suffers Record Plunge, KOSPI Dumps

Broadcom Crashes After AI Chip Revenue Forecast Misses Broadcaom stock is plunging in after-hours trading, after the company reported Q2 results which delivered a disappointing forecast for AI chip revenue, signaling that the company is either progressing more slowly than anticipated in the burgeoning industry, or that unlike its peers, is actually truthful in predicting the potential of the AI bubble. The historicals were ok: in the fiscal second quarter, which ended May 3, sales rose 48% to $22.2 billion, just barely beating the $22.1 estimate. AI semiconductor revenue was $10.8 billion, also...

The Slide From 'Minnesota Nice' To Assaulting Journalists Authored by Matt Cookson via RealClearPolitics, Minnesota wasn’t always a fixture in the national news cycle. Now, it seems every month there is a new headline about Minnesota. This time, it involves a mob of protestors assaulting a conservative journalist. If Minnesotans want to end the trend of political violence plaguing their state, they must take a stand against incidents like these. Last month, Savanah Hernandez, a journalist with TPUSA, was mobbed and assaulted while filming an anti-ICE protest in Minneapolis. Hernandez makes a...