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Rickards: The Real In AI Is Not 'Super-Intelligence', It's China
Rickards: The Real In AI Is Not 'Super-Intelligence', It's China
Authored by James Rickards via The Daily Reckoning,
It's past time to look beyond the AI hype. The stock valuations of the leading hyperscalers and frontier AI modeling companies are almost certainly in bubble territory. But the market will sort that out in time.
We all know the names of the AI stocks whether from the hardware, software or compute vectors - Apple, Microsoft, Meta, Google (Alphabet), Amazon, OpenAI, Anthropic, NVIDIA and a few others.
Some of these names have valuable core businesses...
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Aug 1, 2026 / Tyler Durden
Britain's Problems Didn't Begin With Brexit
Britain's Problems Didn't Begin With Brexit
Authored by Jason Sorens via The Daily Economy,
Ten years ago, Britons voted to leave the European Union, launching three and a half years of tumultuous negotiations and domestic political ructions, only subsiding after the UK’s official withdrawal in January 2020.
It’s tempting to see Brexit as a watershed moment in Britain’s political economy. Britons themselves now tend to regret the choice rather than affirm it, with narrow majorities affirming that Brexit has been “more of a failure” and supporting restoring free movement with the EU in exchange for single-market...
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Aug 1, 2026 / Tyler Durden
Airspace Lockdown Looms: US Warns Americans Get Out Of Mideast As Iran Targets Kuwait Again
Airspace Lockdown Looms: US Warns Americans Get Out Of Mideast As Iran Targets Kuwait Again
There were no Friday night into Saturday morning US attacks on Iran, after President Trump warned he has given an order to hit Iran 'hard' - though didn't disclose a timeline. Friday reports in The Wall Street Journal, CNN, and Axios strongly suggested that large US strikes would commence at some point this weekend, as the region remains on edge.
The only new and recent attacks have been more apparent Iranian drone strikes on Kuwait. Kuwait’s Foreign...
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Sep 26, 2026 / Tyler Durden
Larry Ellison Pledges $9 Billion More In Oracle Stock To Fund Warner Bros Deal As Price Tumbles, CDS Hits Record
Larry Ellison Pledges $9 Billion More In Oracle Stock To Fund Warner Bros Deal As Price Tumbles, CDS Hits Record
Two weeks after the Larry Ellison inexplicably pulled his plan to sell up to 50 million shares, worth about $7.5 billion news of which had sent the stock sliding the day prior, the Oracle CEO - the key figure behind Paramount Skydance’s deal to buy Warner Bros. Discovery - has pledged 67 million more shares of Oracle as collateral for personal loans than he had at the same time last year,...
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