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Futures Flat As Tech Slides After Memory Stocks, Korea Tumble
Futures Flat As Tech Slides After Memory Stocks, Korea Tumble
US futures are mixed with S&P futures modestly higher offset by a slide in tech: as of 8:00am ET, S&P futures are up 0.1% while Nasdaq futures drop 0.5%, hit by a plunge in Sandisk (down 9% in pre-market), and rival Western Digital which tumbled 15%, after both companies reported earnings. AppLovin also slumped 16% after missing revenue estimates while DataDog tumbled as much as 18% after guidance wasn't strong enough, and pushed Nasdaq to session lows. Mag 7 stocks are...
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Jun 10, 2026 / Tyler Durden
Apollo's President Warns AI Is Coming For Professional Services Jobs Next
Apollo's President Warns AI Is Coming For Professional Services Jobs Next
First AI came for Software, disrupting its various offshoots and sparking a brutal bear market at the start of the year before a powerful squeeze sent software stocks surging in recent weeks. Now, it's the turn of professional services, including law firms, accountancies and consulting firms, which according to Apollo’s co-president, Scott Kleinman are likely to be the next sector to face disruption from artificial intelligence.
Investors have had their worries focused on the software sector, and the extent to which AI...
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Sep 25, 2026 / Tyler Durden
Citizenship Is Not A Product: Rubio Hits Birth-Tourism Fixers After SCOTUS Blocked Broader Ban
Citizenship Is Not A Product: Rubio Hits Birth-Tourism Fixers After SCOTUS Blocked Broader Ban
The United States is no longer pretending that a tourist visa plus a delivery room equals a legitimate path to American citizenship.
On September 23, Secretary of State Marco Rubio announced a new visa-restriction policy under Section 212(a)(3)(C) of the Immigration and Nationality Act aimed at the people who actually run the business: owners and managers of commercial birth-tourism networks, visa "fixers" who coach applicants to lie, foreign medical providers who arrange the trips and allegedly tap...
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Mar 17, 2026 / Alastair Crooke
Is Having No War Plan Trump’s ‘Plan’?
The US-Israeli stand-off air-strike model of waging war is being challenged by a quite different strategic asymmetric war – one first planned by Iran more than 20 years ago. This is important to understand when trying to judge where the war balance sheet truly lies. It is like comparing oranges with lemons; they are essentially […]
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