Forwarded from QVINTA ÆTAS
"(...)
The global stock rout deepened with the Nasdaq 100 Index posting its biggest intraday drop in nearly two years and investors rushing for Treasuries.
The slump in US stocks is vindicating some of Wall Street’s most prominent bears, who are doubling down with warnings about risks from an economic slowdown.
Fed policymaker Austan Goolsbee did little to reassure markets, saying the central bank’s job is not to react to one month of weaker labor data.
Just after he spoke, the US two-year yield fell below the 10-year yield for the first time since July 2022 as traders bet on sharp rate cuts by the central bank.
Cryptocurrencies reeled, at one point sending Bitcoin down more than 16% and saddling second-ranked Ether with the steepest fall since 2021."
#Geoeconomics
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Bloomberg.com
Cascading Losses: The Bloomberg Close, Europe Edition
Good afternoon. Here's what you need to know to end your day.
Forwarded from Rerum Novarum // Intel, Breaking News, and Alerts 🇺🇸
🇷🇺🇮🇷⚡️- The Kremlin has informed Iran of Russia's "full support" for Iran's upcoming retaliation against Israel
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Forwarded from Watcher Guru
JUST IN: 🇺🇸 Donald Trump says crypto is a modern form of currency, if we don't, China will do it.
@WatcherGuru
@WatcherGuru
Forwarded from Tupi Report 🇧🇷 • #FreeVenezuela
"Venezuelans, military citizens, and police officers,
Venezuela and the entire world know that in the elections of July 28, our victory was overwhelming. From the humblest citizen, witnesses, polling station members, officers of the Armed Forces, police, to international organizations and governments, all are aware. With the results in hand, the planet has seen and recognized the triumph of democratic forces.
We have done our part. We carried out the most formidable civic mobilization to make the electoral victory indisputable. It is a triumph achieved with enormous energy and determination, and we have done it peacefully. We obtained 67% of the votes, while Nicolás Maduro secured 30%. This is the expression of the popular will. We won in every state in the country and almost all municipalities. This reality is witnessed by all citizens, including members of Plan República.
However, Maduro refuses to recognize that he was defeated by the entire country, and in response to legitimate protest, he has launched a brutal offensive against democratic leaders, witnesses, polling station members, and even against ordinary citizens, with the absurd aim of trying to hide the truth and at the same time attempting to corner the victors.
We appeal to the conscience of military personnel and police officers to stand by the people and their own families. With this massive violation of human rights, the high command aligns itself with Maduro and his vile interests. Meanwhile, you are represented by the people who came out to vote, by your fellow members of the National Armed Forces, by your families and friends, whose will was expressed on July 28 and which you are aware of.
We are aware that within all components of the National Armed Forces, there is a resolve not to repress the citizens who peacefully demand their rights and victory. Venezuelans are not enemies of the Armed Forces. With this resolve, we call on you to prevent the actions of groups organized by the Maduro leadership, a combination of military and police squads and armed groups outside the state, who beat, torture, and also kill under the protection of the malignant power they represent. You can and must stop these actions immediately. We urge you to prevent the regime's rampage against the people and to respect, and make others respect, the results of the July 28 elections. Maduro has carried out a coup that contradicts the entire constitutional order and seeks to make you his accomplices.
You know we have irrefutable evidence of victory. The Carter Center report is devastating regarding the electoral conditions and results, while Maduro tries to fabricate results when, moreover, the legal period for their publication has expired.
Members of the Armed Forces and police bodies, fulfill your institutional duties, do not repress the people, accompany them.
Likewise, we ask all Venezuelans who have mothers, fathers, children, siblings, or partners who are members of the National Armed Forces or police officers to demand that they do not repress, that they disobey illegal orders, and that they recognize the Popular Sovereignty, expressed in the votes on Sunday, July 28.
The new government of the Republic, democratically elected by the Venezuelan people, offers guarantees to those who fulfill their constitutional duty. At the same time, it emphasizes that there will be no impunity. This is a commitment we make to each Venezuelan.
We won this election without any dispute. It was an electoral avalanche, full of energy and with an admirable, peaceful, democratic, and irreversible citizen organization. Now it is up to all of us to respect the voice of the people. The immediate proclamation of Edmundo González Urrutia as the elected president of the Republic must proceed."
Edmundo González (@EdmundoGU) on 𝕏 🖇
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Google’s payments to make its search engine the default option on smartphone web browsers violate US antitrust law, a federal judge ruled Monday, handing a key victory to the Justice Department.
Judge Amit Mehta in Washington said that the Alphabet Inc. unit’s $26 billion in payments effectively blocked any other competitor from succeeding in the market.
“Google’s distribution agreements foreclose a substantial portion of the general search services market and impair rivals’ opportunities to compete”
https://www.bloomberg.com/news/articles/2024-08-05/google-loses-doj-antitrust-suit-over-search
@FelipeChannel
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Bloomberg.com
Google Monopolized Search Through Illegal Deals, Judge Rules
Google illegally monopolized the search market through exclusive deals, a judge ruled Monday, handing the government a win in its first major antitrust case against a tech giant in more than two decades.
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Forwarded from 🇻🇪Venezuela Network Report | Intel, Urgent News and Archives | TOTAL CHAVISTA DEATH Edition
CNE announces that it will go to the Supreme Court in the afternoon.
Elvis Amoroso is expected to make a statement at 6:00 pm at the courthouse.
Elvis Amoroso is expected to make a statement at 6:00 pm at the courthouse.
Forwarded from 🇻🇪Venezuela Network Report | Intel, Urgent News and Archives | TOTAL CHAVISTA DEATH Edition
🇺🇸John Bolton
https://x.com/AmbJohnBolton/status/1820561125164917012
Venezuela's leaders need to make a decision: are you going to stand with the people or are you going to stand with a dictator? Padrino is hopeless, he's proven that he is Maduro's man.
https://x.com/AmbJohnBolton/status/1820561125164917012
Forwarded from LiveLeak
Media is too big
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#British police arrests a man for some Facebook posts/comments. Be careful out there.
Follow us -> LiveLeak
Follow us -> LiveLeak
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Forwarded from 🇻🇪Venezuela Network Report | Intel, Urgent News and Archives | TOTAL CHAVISTA DEATH Edition
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The number two of Chavismo, Diosdado Cabello, calls Elon Musk "drug addict."
"We will return to the Stone Age. If we don't have to use WhatsApp or TikTok, then we won't use them, but here they are not going to overthrow the government using social media."
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Forwarded from Tupi Report 🇧🇷 • #FreeVenezuela
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Forwarded from Tupi Report 🇧🇷 • #FreeVenezuela
"The Public Prosecutor's Office of the Bolivarian Republic of Venezuela informs the country that as a consequence of the dissemination of a Communiqué by former candidate Edmundo González and citizen María Corina Machado, in which, outside the framework of the Constitution and the Law, they falsely announce a winner of the presidential elections different from the one proclaimed by the National Electoral Council, the only qualified body to do so, and in which there is an open incitement to police and military officials to disobey the laws; it has decided to open a criminal investigation against both signatories of the null document.
In the aforementioned statement, the alleged commission of the crimes of Usurpation of Functions, Dissemination of False Information to Cause Unrest, Incitement to Disobedience of the Laws, Incitement to Insurrection, Association to Commit Crimes, and Conspiracy is evident.
The Public Prosecutor's Office, as the holder of the criminal action and in its duty to be the guarantor of peace and stability in the country, will remain vigilant against any act that implies the generation of violence or unrest in the population and that seeks to revive events that have left painful wounds in the entire Venezuelan family."
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Forwarded from 🇻🇪Venezuela Network Report | Intel, Urgent News and Archives | TOTAL CHAVISTA DEATH Edition
Media is too big
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Maduro asks Chavismo to "voluntarily withdraw" the WhatsApp application after linking it to "fascist groups": "Go to hell WhatsApp."
"They are threatening anyone who does not speak out in favor of fascism"
"They are threatening anyone who does not speak out in favor of fascism"
Forwarded from Geopolitics Watch
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Forwarded from QVINTA ÆTAS
Watcher Guru
NVIDIA $NVDA: -11%
"Nvidia shares plunged in early premarket trading in New York. The world's most valuable chip maker is being battered by a global selloff, rising recession fears, AI bubble unwind (mid-July report: "Did The AI Bubble Just Burst, And What Happens Next") , and reports of delays in its new AI chip production.
The Information reports that Nvidia has informed Microsoft and other cloud providers that its most advanced AI chip models in the Blackwell series (B200 AI chip) face three months of delays following the discovery of a design flaw "unusually late in the production process."
Google, Meta, and Microsoft are betting billions of dollars on Nvidia's new chips to maintain top leadership in the AI arms race. All three companies have ordered "tens of billions of dollars" of advanced AI chips that might not be produced until later this year and might not be ready for mass shipment until the first quarter of 2025."
#Geoeconomics
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Telegraph
Nvidia Reportedly Delays Next AI Chip As Shares Tank On Global Selloff
Nvidia shares plunged in early premarket trading in New York. The world's most valuable chip maker is being battered by a global selloff, rising recession fears, AI bubble unwind (mid-July report: "Did The AI Bubble Just Burst, And What Happens Next") , and…
Forwarded from QVINTA ÆTAS
❝🧠 ❌ 🧠 ❌ 🧠 ❞ — 🏴ZeroHedge | "Chip Wars" Will Soon Be "Data Center Wars", As Our "Next AI Trade" Develops | August 5, 2024:
"As we have alluded to numerous times when talking about the next "AI" trade, data centers will be the "factories of the future" when it comes to the age of AI.
That's the contention of Chris Miller, the author of Chip War, who penned a recent opinion column for Financial Times noting that 'chip wars' could very soon become 'cloud wars'.
He points out that the strategic use of high-powered computing dates back to the Cold War when the US allowed the USSR limited access to supercomputers for weather forecasting, not nuclear simulations."
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"As we have alluded to numerous times when talking about the next "AI" trade, data centers will be the "factories of the future" when it comes to the age of AI.
That's the contention of Chris Miller, the author of Chip War, who penned a recent opinion column for Financial Times noting that 'chip wars' could very soon become 'cloud wars'.
He points out that the strategic use of high-powered computing dates back to the Cold War when the US allowed the USSR limited access to supercomputers for weather forecasting, not nuclear simulations."
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Telegraph
"Chip Wars" Will Soon Be "Data Center Wars", As Our "Next AI Trade" Develops
As we have alluded to numerous times when talking about the next "AI" trade, data centers will be the "factories of the future" when it comes to the age of AI. That's the contention of Chris Miller, the author of Chip War, who penned a recent opinion column…