Amazon Jumps On Solid AWS Growth And Profit, Even As Outlook Disappoints And Free Cash Flow Turns Negative

"This Is Crazy" - FTC Chair Responds To Soaring Chip Costs, Floats Possible Antitrust Action We’ve covered soaring “chipflation” for months and the trend does not seem to be abating. Nvidia is reportedly informing its largest customers to expect price hikes of at least 15% for next year, possibly to set expectations of a still larger move upward… and meanwhile the semi component in the PPI looks like a 2021 memecoin: All this has earned the attention of FTC Chair Andrew Ferguson, who apparently enjoys building his own personal computers. In...

Israel continued its attacks on southern Lebanon after President Trump announced he’d received assurances from both Israel and Hezbollah aimed to reduce fighting in the country. At least eight were killed in Israeli strikes since that announcement, including two children. Prime Minister Benjamin Netanyahu ordered attacks on Beirut on Monday, and those attacks were apparently […]

Authoritarianism Doesn't Arrive With A Coup... It Arrives With A Login Authored by Sam Lowry via dailysceptic.org, Authoritarianism doesn’t usually arrive with a coup. It arrives with a login, a compliance form, a penalty notice for keeping records in the wrong format. It comes with a quietly extended electoral term, a cancelled bank account, a prison sentence for a social media post. Each measure has a reasonable-sounding justification. The problem is the direction — and how far it has already travelled. Power is migrating from the visible arena of democratic politics to the...