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Nasdaq Futures Slide As AI "Casino" Hangover Crushes Kospi; S&P Flat After JPM FICC Miss

Nasdaq Futures Slide As AI "Casino" Hangover Crushes Kospi; S&P Flat After JPM FICC Miss US futures are mixed with the Nasdaq lagging as the AI rout that started on Wall Street on Monday ricocheted through Asia, where the Kospi crashed as much as 7% after Broadcom's Hock Tan likened AI investing to a casino and China's CXMT touted a denser memory chip design, while Q3 bank earnings kicked off with a FICC trading miss at JPMorgan; as a result, a flight to safety sent 10Y yields 5bps lower to...
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Apr 22, 2026 / Tyler Durden
Not So Fast: Virginia Judge Blocks Redistricting Referendum
Not So Fast: Virginia Judge Blocks Redistricting Referendum Update (1835ET): A Virginia judge ruled on Wednesday that the state’s redistricting referendum approved by voters a day earlier was invalid, nullifying the election results. "Virginia voters have spoken, and an activist judge should not have veto power over the People’s vote," said Virginia Attorney General Jay Jones, adding that the state would appeal.  As American Greatness notes further, Tazewell County Judge Jack Hurley Jr. ruled that the referendum was likely unconstitutional as it violated procedural requirements in the Virginia Constitution, including the timing of the vote and the...
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Aug 12, 2026 / Dave DeCamp
Ukraine Launches Over 500 Drones into Russia
The Russian Defense Ministry said on Wednesday that its forces intercepted 502 Ukrainian drones over multiple Russian regions as the Ukrainian military continues launching massive US-backed drone swarms into the country. Much of Ukraine’s attack focused on Novorossiysk, a Russian Black Sea port city in the Krasnodar Oblast, where local Russian officials said at least […]
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Sep 1, 2026 / Tyler Durden
Knife-Wielding Maniac Woman Shot Dead In Times Square
Knife-Wielding Maniac Woman Shot Dead In Times Square Unhinged middle-aged women are hitting the news feeds hard this month.  NYC police were forced to shoot a woman dead this week after she pulled two knives from a shopping bag in the middle of Times Square and went on a random stabbing spree.  At least one 68-year-old man was severely injured and another 32-year-old female victim was killed after being stabbed in the abdomen.  The shooting happened just before 4:30 p.m. next to a New York Police Department substation, just outside One Times...
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