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Schiff criticizes Trump for $13.1 million no-bid contract for Lincoln Memorial pool, calling it a scam and tying it to past broken promises.
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BlackRock CEO Larry Fink warns AI costs will create a brutal 'K economy,' forcing market consolidation amid compute and power shortages.
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Discover why hedge fund manager Dan Niles calls Intel "still undervalued" as Agentic AI drives a massive shift from Nvidia GPUs to CPUs.
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JB Pritzker says that Trump is a liar for promising lower gas prices and claiming that the Iran war would be ending shortly.
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The ranges of estimates are important in terms of market reaction because when the actual data deviates from the expectations, it creates a surprise effect. Another important input in market's reaction is the distribution of forecasts.
In fact, although we can have a range of estimates, most forecasts might be clustered on the upper bound…