Vice President appears to undercut White House's official denial with a blatant but indirect admission.

"India is set for a series of supply shocks"

There is roughly $100 billion of leveraged exposure tied to semis and hardware-linked equities. Convexity works both ways.

...the ROI hurdle embedded in current spending is enormous, which is why the debate increasingly shifts from AI capability to AI monetization...

"Texas law says a murder conviction is punishable by five to 99 years in state prison." 

"Bill Gates, along with the NIH, the Wellcome Trust, it was this cartel..."

Brown will be committed to a federal facility for treatment with resumption of his trial contingent on his being declared competent.

The poll also found that a plurality of independent voters and Republicans prefer capitalism.

Trump said US must respond to Iranian attack on US helicopter; Draft agreement has reportedly been sent to the US side for review, with confirmation that the draft is preliminary accepted to the US admin; US and Iran reportedly zero in on four nuclear issues in talks; Taiwan said to be mulling curbs on AI chip exports to China to align with US; US trade deficit shrinks slightly less than expected in April; US existing home sales rose more than anticipated; US 3yr note auction shows some improvement; Data centre developer Crusoe has paused development on a 1.8GW AI project in Wyoming.

The most speculative corner of the AI trade is starting to crack.

"Charlie Kirk later took the lead on the clemency effort..."

The resemblance between silver's collapse and the current SOX setup is becoming difficult to ignore.

The US continues to push kilowatt-scale pilot reactors while China tacks on gigawatts at a time...

Gone are the days when students were required to study the classics. Nowadays it seems like any gibberish can pass for scholarly study...

...whether we ultimately hit 2000 or not, this still feels like 1999 for now...

Autonomous AI and crypto could have “far-reaching consequences for users and the financial system,” IC3 researchers said...

Keep an eye on food inflation in Asia.