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Apple Slides After Report Says iPhone 18 Pro Component Orders Slashed, Signaling Early Demand Trouble
Apple Slides After Report Says iPhone 18 Pro Component Orders Slashed, Signaling Early Demand Trouble
Jefferies and Bernstein analysts have already flagged soft demand for the iPhone 18 in major markets. The launch of the iPhone 18 Pro and Pro Max is an early test for CEO John Ternus, with a new report suggesting Apple has told suppliers to cut component production.
Apple shares are down 2% in premarket trading this morning after an overnight Nikkei Asia report said demand for the new flagship iPhone has been disappointing.
Sources told the Tokyo-based...
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Sep 1, 2026 / Tyler Durden
"Escalation Trap": Robert Pape Blasts Bessent's "Economic D-Day" Targeting Iran
"Escalation Trap": Robert Pape Blasts Bessent's "Economic D-Day" Targeting Iran
University of Chicago professor Robert Pape tore into Treasury Secretary Scott Bessent's so-called "Economic D-Day" campaign against Iran, branding it a dangerous "escalation trap" that history shows will not force Tehran to fold, and may instead drag the United States deeper into war.
Appearing recently on the "Breaking Points" podcast, Pape, a longtime scholar of air power, blockades and sanctions, argued that Bessent is selling maximum economic pressure as an alternative to more fighting.
"That's not what it is," Pape told "Breaking...
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Jul 22, 2026 / Dave DeCamp
Sebastian Gorka Pushing for US Military Action in Mali
The Washington Post reported on Wednesday that the Trump administration is considering conducting military action against an al-Qaeda affiliate in Mali, which, if carried out, would mark the eighth known country bombed by the US since President Trump returned to power last year. The report said there is disagreement among Trump officials over the potential […]
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Jul 9, 2026 / Tyler Durden
Russia Warns NATO Leaders To 'Stop & Think' Before Leading World To Catastrophic Confrontation
Russia Warns NATO Leaders To 'Stop & Think' Before Leading World To Catastrophic Confrontation
Another night has passed, and the usual major Ukrainian drone attacks on Russian oil and facilities and tankers have occurred, this time impacting at least three Russian regions, authorities said Thursday. Strikes hit oil depots in the Stavropol and Tver regions, as well as an oil pumping station in the republic of Bashkortostan and a marine loading terminal in the Rostov region - along with other reported impacts, Amsterdam-based Moscow Times reports.
During this week's NATO summit, Ukraine's...
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