Austin Smith - Editor for 24/7 Wall St.
Lastest Stories by Austin Smith
: NATO Membership Unclear: Ukraine won’t join NATO during the ongoing conflict. Political Shifts: Changes in member countries’ politics may decrease support for Ukraine. Growing Skepticism:...
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: Ukraine’s NATO membership faces resistance from Germany, France, Hungary, and Slovakia due to conflict concerns. Hungary and Slovakia are blocking aid and opposing NATO membership for Ukraine....
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: Turkey’s interest in BRICS complicates its NATO relationship but focuses more on economics than security. Controversial actions, like buying Russian defense systems, have strained Turkey’s ties...
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: Turkey’s strategic location as a land bridge and Black Sea gatekeeper gives it leverage in NATO. Failed EU membership bid has led Turkey to explore alliances like BRICS, including Russia....
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: Berkshire Hathaway reached a $1 trillion market cap, largely due to Apple stock gains. Buffett’s strategy is long-term value investing with a highly concentrated portfolio. Berkshire also owns...
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: iPhone 16 launch may see slow initial sales due to delayed iOS 18 features. Customers might wait to see iOS 18 performance before purchasing. Possible Apple stock sell-off if the launch...
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: Recession indicators: high interest rates, rising credit card debt. “Buy now, pay later” losing appeal as economy tightens. Politicians misread economic issues, wrongly blaming retailers. One...
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: Government economic reports, like unemployment and GDP, are being questioned for accuracy. Experts suggest real GDP growth might be closer to 0.9%, indicating a potential recession. Current...
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: Etched, led by Gavin Uberti, claims its Soho chip could outperform NVIDIA’s by 20 times. The startup raised $120 million and attracted top talent from major tech firms. The impact on the AI chip...
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: OpenAI Valuation: Projected to exceed $100 billion with investments from NVIDIA and Apple. Strategic Partnerships: Apple’s investment hints at collaboration; NVIDIA’s role is less clear....
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: Supermicro’s Fall: Sharp decline after bad earnings and a critical Hindenburg report. Accounting Issues: Hindenburg exposed accounting irregularities and missed filings. Uncertain Future: The...
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: Shareholder Priority: Companies are focusing more on shareholder value. Merit-Based Decisions: There’s a return to hiring based on merit over quotas. Cycle Change: The DEI rollback is also...
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: DEI Retraction: Companies are pulling back DEI initiatives due to concerns about merit and qualifications. Investor Pressure: Investors worry DEI and ESG are harming company performance. Long-Term...
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Key Points: Cyprus Conflict: Ongoing division between Greek and Turkish parts of Cyprus is a key NATO tension. Aegean Disputes: Greece and Turkey face unresolved maritime disputes, risking conflict....
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: Populist Shift: Italy, Netherlands, and Germany’s move towards populism complicates Ukraine’s NATO bid. Internal Disputes: Tensions between NATO members, like Germany and Poland, create...
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