UMich Sentiment Surges To Pre-War Highs; AI Fears Becoming "Salient"

AMD Dumps & Pumps (To New Record High) After Beat-And-Raise Just wow... AMD shares initially puked after results dropped showing top- and bottom-line beats: EPS: $1.37 vs. $1.29 adjusted expected Revenue: $10.25 billion vs. $9.89 billion expected But now they are exploding higher after the second-largest AI chipmaker raised estimates: For the second quarter, AMD said it expects about $11.2 billion in revenue, versus expectations of $10.52 billion, according to LSEG That is a new record high... Revenue jumped 38% from $7.44 billion a year ago, the company said in a release on Tuesday, beating in every segment... Data center...

Trump Defends Anti-Weaponization Fund But Admits It's Effectively 'Dead' Authored by Jack Phillips via The Epoch Times, President Donald Trump on Friday said that he still wants compensation for people he said were victimized by a weaponized federal government while acknowledging that a planned $1.776 billion anti-weaponization fund is “dead” after the Department of Justice walked it back amid congressional opposition and court rulings. “It is dead,” Trump said at a Cabinet meeting on Friday. “But I wish it weren’t, to be honest with you. I think people were horribly treated, horribly abused...

The House on Thursday blocked a War Powers Resolution meant to end US support for Israel’s war in Lebanon, as Israel’s occupation and destruction campaign in southern Lebanon continues despite several ceasefire announcements. The bill, introduced by Rep. Rashida Tlaib (D-MI), failed in a vote of 92-324, with just one Republican — Rep. Thomas Massie […]