Profits belie the economic squeeze

by Mahatmahems Michael Snyder reports today, “the Conference Board’s index of leading economic indicators has already declined for 15 months in a row.”* The US economy has been sputtering since 2019. After a reckoning of the loss of 4 mid-level …

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Taiwan semiconductor warned that Artificial Intelligence is not as good as it sounds; Elon Musk prioritizes market share over profits, resembling his previous high-profile purchase of Twitter, despite its unprofitability.

Taiwan semiconductor warned that Artificial Intelligence is not as good as it sounds.https://t.co/ENHumo5m4y"TSMC's second-quarter earnings call may go down as one of the more pessimistic calls in recent history" Just another rope-a-dope. pic.twitter.com/1YtEEDD7Xc — Mac10 (@SuburbanDrone) July 20, 2023 Bulls …

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