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Futures Tumble As Latest Chinese "DeepSeek Moment" Sparks Chip Meltdown

Futures Tumble As Latest Chinese "DeepSeek Moment" Sparks Chip Meltdown A surprise breakthrough from Chinese AI startup Moonshot (which is now at the top of the Frontend code benchmark on Arena) rumbled through global markets, sending chip stocks reeling, as queasiness returned about the industry’s unprecedented spending spree (something we have been warning about for the past year). Moonshot claims its new Kimi K3 model rivals top offerings from OpenAI and Anthropic in a release reminiscent of last year’s “DeepSeek moment.” It came as President Xi Jinping appeared at China’s premier...
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Sep 23, 2026 / Tyler Durden
Cargo Vessel Struck By Unknown Projectile In Hormuz, Casualties Reported
Cargo Vessel Struck By Unknown Projectile In Hormuz, Casualties Reported Just the day after the White House reported its envoys had a "very productive" 3-hour long meeting with the Iranian side at the UN in New York, and as President Masoud Pezeshkian is readying to address the UN General Assembly on Wednesday, there's been another tanker attack incident in the Strait of Hormuz. UKMTO cites in a fresh alert that a cargo vessel has reported being struck by an unknown projectile, resulting in two casualties. Illustrative file image, Associated PressAll crew has...
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Aug 21, 2026 / Tyler Durden
Who Really Drives Global Terrorism? Internal US Govt Data Offers A Surprising Answer
Who Really Drives Global Terrorism? Internal US Govt Data Offers A Surprising Answer Authored by Larry Johnson via Sonar21.com Every administration reaches for the same line. Iran, we are told, is the world’s foremost state sponsor of terrorism — a claim now central to the case for war. It carries the weight of an official designation: Iran has sat on the State Department’s list of state sponsors of terrorism since January 19, 1984, the longest-running designation currently on the books, alongside Cuba, North Korea, and Syria. The supporting figures get repeated...
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May 7, 2026 / William L. Anderson
Where California Went Wrong
California has been seen as the nation’s “Promised Land” for many years, but in the past 25 years, people have left due to high housing costs and high taxes. The state’s future is about to become a lot worse, as socialists are rising in power here.
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