Nine Dead, Including Two Children, In Pennsylvania Family Mass Shooting

Iran 'Fully Prepared' To Resume War, We Don't Trust Trump: Iran FM The two big weekend Iran war developments are 1) President Trump has rejected Tehran's seven day ceasefire roadmap proposal, and reportedly plans to resume bombing Iran - likely after the November midterm elections; 2) the Iranian government announced Sunday its forces have struck 19 ships in the Strait of Hormuz over the past two nights, per Fars News Agency. The Fars report indicated the Iranians hit 12 vessels Friday night and 7 more Saturday - though Western sources have been...

Brazil Proposes National Bitcoin Reserve, Targets 1 Million BTC Over Five Years Authored by Micah Zimmerman via BitcoinMagazine.com, Brazilian lawmakers have reintroduced a bill to create a national Strategic Sovereign Bitcoin Reserve, known as RESBit, proposing the gradual acquisition of one million bitcoins over five years.  The bill, presented by Federal Deputy Luiz Gastão (PSD/CE), outlines a comprehensive framework to integrate Bitcoin into the country’s financial strategy and diversify national reserves. The proposed legislation establishes several guidelines for RESBit. First, the plan calls for a gradual accumulation of at least 1,000,000 BTC over five years. It prohibits the...

Broadcom Crashes After AI Chip Revenue Forecast Misses Broadcaom stock is plunging in after-hours trading, after the company reported Q2 results which delivered a disappointing forecast for AI chip revenue, signaling that the company is either progressing more slowly than anticipated in the burgeoning industry, or that unlike its peers, is actually truthful in predicting the potential of the AI bubble. The historicals were ok: in the fiscal second quarter, which ended May 3, sales rose 48% to $22.2 billion, just barely beating the $22.1 estimate. AI semiconductor revenue was $10.8 billion, also...