Is Artificial Intelligence the Biggest Bubble in History?

Is it any surprise 31 billionaires (including: Warren Buffett, Elon Musk, Jeff Bezos, and more) are quietly unloading their OWN stocks at record pace? They're getting OUT of AI (and Tech Stocks) before it's too late. But why? And WHERE are they moving their cash for the biggest profits, in 2024?

Turkey halts all trade with Israel over military actions in Gaza

MATT OTT and PAUL HARLOFF
May 02, 2024

ANKARA, Turkey (AP) -- Turkey on Thursday suspended all imports and exports to Israel citing the country's ongoing military action in Gaza and vowed to continue to impose other measures until the Israeli government allows the flow of humanitarian aid to the region.

A Turkish Trade Ministry statement said "export and import transactions in relation to Israel have been stopped, covering all products."

Turkish officials would coordinate with Palestinian authorities to ensure that Palestinians are not affected by the suspension of imports and exports, the ministry said.

The ministry described the step as the "second phase" of measures against Israel, adding that other steps would follow until Israel "allows an uninterrupted and sufficient flow of humanitarian aid to Gaza."

Last month, Turkey -- a staunch critic of Israel's military actions -- announced that it was restricting exports of 54 types of products to Israel, including aluminum, steel, construction products and chemical fertilizers. Israel responded by also announcing trade barriers.

Earlier on Thursday, Israel's Foreign Minister Israel Katz accused Turkey of blocking Israeli imports and exports from Turkish ports.

Turkish President Recep Tayyip Erdogan "is breaking agreements by blocking ports for Israeli imports and exports," Katz wrote on the social platform X.

Katz said he had instructed officials to "immediately engage with all relevant parties in the government to create alternatives for trade with Turkey, focusing on local production and imports from other countries."

Erdogan's government, which suffered major setbacks in local elections in March, is faced with intense pressure at home to halt trade with Israel. Critics accuse the government of engaging in double standards by leveling strong accusations against Israel while pressing ahead with commercial relations.

Turkey recognized Israel in 1949. Under Erdogan, tensions have ebbed and flowed between the countries. The Turkish leader stepped up his criticism of Israel following its military offensive in Gaza, accusing it of carrying out war crimes and genocide. He has described the Hamas militant group, considered a terrorist organization by Israel, the United States and the European Union, as freedom fighters.

This week, Turkish Foreign Minister Hakan Fidan said Turkey had decided to join the legal case filed by South Africa against Israel at the International Court of Justice and would soon submit a formal request to intervene in the case.

South Africa filed a case at the ICJ accusing Israel of breaching the Genocide Convention with its military offensive against Hamas. Israel denies that its military campaign in Gaza amounts to a breach of the Genocide Convention.

___

Find more of AP's Israel-Hamas coverage at https://apnews.com/hub/israel-hamas-war

Continue Reading...

Popular

Finland stops Russia-linked vessel over damaged undersea power cable in Baltic Sea

FRANKFURT, Germany (AP) — Finnish authorities have detained a Russia-linked ship as they investigate whether it damaged a and several data cables, according to police and news media reports, in the latest incident involving disruption of key infrastructure.

'RIP Bitcoin Obituaries,' Declares Expert — Death Notices Dwindle As Top Crypto Gains Acceptance From Politicians, Billionaires

Jameson Lopp’s recent post on X, “RIP Bitcoin Obituaries,” suggests a decline in Bitcoin’s (CRYPTO: BTC) death proclamations, sparking interest in the cryptocurrency’s resilience.

Elon Musk: "The Government Is Out of Control." - Ad

Elon Musk says the government is going bankrupt. Seniors are getting crushed by inflation. But there is a way you could claim a chunk of over $1 trillion in spending, courtesy of Elon Musk.

Tesla Says Superchargers Will Warm Select Model 3, Y Batteries To Help Fasten Charging Process This Winter

Some of Tesla's superchargers will now pre-heat batteries for select Model 3 and Y vehicles to fasten up the charging process in winter, the company said on Tuesday.

Lockheed Martin Secures $3.37 Billion F-35 Contract And More

Lockheed Martin secures $3.37B contract for F-35 support, wins other defense deals. Analysts concerned about Musk's drone push. Goldman Sachs rates as Sell.

Could Trump's Favorite Coin Take Off Post-election? - Ad

Juan Villaverde called the top and bottom of every crypto bull market since 2012. He believes Bitcoin will go to $150K -- or more. There's one coin he thinks could go up more . It's part of Trump's special Project Crypto. His plan to make America "the crypto capital of the planet."

Millions of people may get expanded Social Security benefits. Who are they and how would it happen?

ATLANTA (AP) — Nearly 3 million people could receive a boost in payments under legislation set for a final Senate vote in the coming days.

Inside Jeff Bezos' $600M Wedding To Lauren Sánchez: Luxe Decor, Stars, And Romance

Jeff Bezos is reportedly set to marry his fiancée Lauren Sanchez next Saturday in a $600 million Winter Wonderland-themed wedding in Aspen, Colorado.

Did You See Trump's Bombshell Exec. Order 001? - Ad

Biden broke it... Now Trump is going to fix it. Starting with "Exec. Order 001." It's a bombshell law that Trump could sign within minutes of stepping into the Oval Office... And it will instantly set off the most sweeping government technology project in 80 years... The most lucrative, too...

Amid Funding Milestones, Analyst Bets On Vertical Aerospace's Strong Engineering And Design Team

Canaccord Genuity analyst maintains Buy rating at Vertical Aerospace with $16 PT. Recent $50M funding commitment expected to support Flightpath 2030 Strategy.

Elon's New Tech Could Be Bigger Than Tesla & SpaceX... Combined - Ad

Forget rockets or brain implants... Elon's new AI product could be his biggest invention yet. Jeff Brown tried it himself recently and caught his experience on camera. See this footage because according to Tesla Magazine, this new product "could well shape the technological and economic future of our society."

Warby Parker, RH, Bath & Body Works Are 'Stocks With Potential,' Analyst Says

Telsey Advisory Group analyst Dana Telsey on Tuesday provided an overview of which consumer sectors were the best performers in the third-quarter and highlighted some "stocks with potential."

What's Going On With Broadcom Stock?

Broadcom Inc (NASDAQ:AVGO) shares are trading lower Wednesday, pulling back from a recent surge that saw the stock join the $1 trillion club. Here's a look at what you need to know.

Media Humiliated: Demo of Elon's Tech Proves They're Wrong - Ad

It's smaller than a quarter, but it could power Elon Musk's next AI revolution... A revolution he believes will be worth more than $9 trillion. Believe it or not, this device could even help put an extra $30k in your pocket every year outside of the markets.

Micron Technology, Quantum Corporation, Meta, Amazon, Tesla: Why These 5 Stocks Are On Investors' Radars Today

The S&P 500 and Nasdaq indices both saw significant declines amid turbulence generated by comments from Federal Reserve Chair Jerome Powell.

Elon Musk considers funding Nigel Farage's populist party, a move that could shake up UK politics

LONDON (AP) — It’s a photo that sent a tremor through British politics: flanked by British politician and a wealthy backer, in front of a gilt-framed painting of a young .

Scary Accurate AI Money Map Shows Strange Twist Coming for the Market - Ad

Over the last 5 years, this "scary accurate" AI Money Map has helped investors get in on the right stocks, at the right time -- during this AI revolution... Now it shows a strange twist is coming for the AI market that almost nobody sees coming... And worse still, no one's being warned about.

Ex-OpenAI engineer who raised legal concerns about the technology he helped build has died

Suchir Balaji, a former OpenAI engineer and whistleblower who helped train the artificial intelligence systems behind ChatGPT and later said he believed those practices violated copyright law, has died, according to his parents and San Francisco officials. He was 26.

Take These Four Steps to Protect Your Financial Future... - Ad

AI is hailed as the future, but its hidden dangers may threaten our way of life and financial security. Many Americans may be unprepared as things unravel. I've recorded a critical briefing to expose the truth and help you act. Learn the four steps you must take now to protect yourself and your family.

EV Lease Nearly Free With $0 Down, $0 Month Offer In This State

Select electric vehicle customers in one state can lease a new Fiat 500e for nearly $0 thanks to tax incentives.

Sell Nothing. Retire Early. Mission Complete. - Ad

What if you could retire in 3 years instead of 10-15? While everyone is trying to trade the market and gamble on poop coins and meme coins, some people are using a little known method to actually earn passive returns. We probably have 3 years to exploit this before the party is over. That's plenty of time to retire early in crypto.

Kiyosaki Warns of Global Financial Crisis: 'Protect Your Wealth by Investing in Real Assets'

Robert Kiyosaki, businessman and author of Rich Dad, Poor Dad, is once again sounding the alarm about a potential global financial crisis.

Trump's New "AI Economy" Could Mint 22,000 New American Millionaires Every 30 Days - Ad

A tidal wave of new AI wealth is about to flow into the economy. However, the biggest gains may no longer come from the usual hot AI stocks you've been hearing lately. We reveal how you can get the names of all the stocks you should get into now for the biggest investment opportunities of your life.

Data on animal movements help Hungarian researchers create a swarm of autonomous drones

BUDAPEST, Hungary (AP) — Moving in a dense cloud, like throngs of people walking across a crowded public square, 100 drones maneuver through the night sky in Hungary's capital, the result of over a decade of research and experimentation that scientists believe could change the future of unmanned flight.

Warren Buffett Once Called Berkshire The 'Opposite Of Those Who Hurry To Sell' — Now He's Offloading Apple And Snapping Up Occidental Petroleum Amid A 20% Drop

Warren Buffett's Berkshire Hathaway Inc. has significantly increased its stake in Occidental Petroleum Corp. through five purchases last week, seemingly diverging from the legendary investor's long-held investment principles regarding declining stocks.

My TOP Altcoin for Right Now Is... - Ad

Searching for the top investment opportunity in crypto? Look no further. Our $3 report gives you the full scoop. You'll get this exciting token's name, our recommended investment strategy, and growth projections. Time is of the essence with this one...

Johnson Averts Shutdown But Faces Growing Pressure From Right

House conservatives are pressuring Speaker Mike Johnson after a rocky week of negotiations and infighting over a government spending bill.

Analyst Bullish on Shiba Inu, Sees 235% Surge Despite Recent Fall

The cryptocurrency market has shown resilience following a significant downturn, with Shiba Inu (CRYPTO: SHIB) leading the recovery.

"King of the Quants": Please Don't Take This Warning Lightly... - Ad

My system has recently uncovered a market phenomenon I haven't seen in 30 years.Some fortunate folks like me built generational wealth back then...while others lost their shirts and spent decades trying to recover. Well, something similar is happening today... but it will end in a much bigger way. This market shakeup is going to be much more intense.

Samsung One UI 6.1.1 Update Is Turning This Galaxy Series Phones Into Paperweights: Bricking, Random Reboots And Overheating Reported

Samsung Galaxy S22 users are reporting severe issues, including permanent device bricking, random reboots, and overheating, after installing the One UI 6.1.1 update, with costly motherboard replacements suggested as the only fix.

What's Going On in This Strange Facility Near Mar-A-Lago? - Ad

Most people have no clue this unassuming facility exists. Yet the minute Donald Trump takes office... This could be the most important building in America. More important than the Capital, the Pentagon... even the White House. Because this may well be the epicenter of Trump's New Manhattan Project.

Musk ascends as a political force beyond his wealth by tanking budget deal

In the first major flex of his influence since was elected, brought to a sudden halt a by posting constantly on his X megaphone and threatening Republicans with primary challenges.

Buffett, Bloomberg, & 48 Congress Members Are Buying 1 Sector - Ad

Why are Warren Buffett, Jeff Bezos, Michael Bloomberg, "The Walmart Family", Bill Gates, and 48 members of Congress shifting their stocks in a frenzy? And why are they all piling into ONE unique corner of the market... The last time we saw the world's wealthiest investors move their cash into this corner of the market, Stocks exploded 2,020%, 5,609% Even as high as 8,437% in just ONE year. Now, it's all happening again.

Nvidia, Taiwan Semiconductor, AMD, Rumble, And Tesla: Why These 5 Stocks Are On Investors' Radars Today

The U.S. stock market ended in the green on Monday. The Nasdaq Composite gained over 100 points, reflecting a nearly 1% increase to 19,764.88. Meanwhile, the Dow Jones Industrial Average saw an increase of 0.2%, closing at 42,906.95. The S&P 500 also experienced a rise, gaining 0.7% to reach 5,974.07.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service