Phosphorus Munitions Fired by Israel Burn Groves, Orchards in Southern Lebanon

Amazon Drops After AWS Growth Misses Whisper Estimates As Capex Soars In our preview of Amazon's earnings, we summarized sentiment as "Bullish, But Concerns Remain" with JPM noting that client "conversations were heavily AWS-skewed with investor focus on degree of acceleration and cloud $ re-capture driven by core workloads, AI, & new partnerships. Still, some concerns remain on broader AI positioning/strategy, Trainium traction, & gap to Azure/Google Cloud growth. Strong Stores execution expected, with N. America margin expansion. But higher fuel costs raise questions on consumer demand & operating margins." They...

California's 'Wealth' Tax Is Coming For Everyone Authored by Edward Ring via American Greatness, If you own property in California, you're not safe. A new ballot measure will empower the state to confiscate a percentage of the assets of any resident, even though its initial provisions don't communicate that intent. California's "One-Time Wealth Tax for State-Funded Healthcare, Education, and Food Assistance Programs Initiative," which has already qualified for the November ballot, is even worse than it appears. It's not as if appearances aren't bad enough. The explicit intent of the initiative already...