India Fires Back, Palantir Breaks $1B, Medicaid Cuts Loom
India fired back at President Trump’s tariff warnings by exposing the EU and U.S.’s own trade with Russia, defending its oil imports and revealing U.S. encouragement to stabilize markets. Meanwhile, Palantir hit $1 billion in quarterly revenue for the first time, thanks to soaring government contracts—validating retail investors’ long-held thesis. Trump’s proposed Medicaid cuts could gut the economy, risking 408,000 jobs and hitting rural hospitals hardest. Big Tech’s AI spending spree is beginning to pay off, with Google, Meta, and Microsoft delivering monster earnings using free cash flow, not just hype. And OpenAI’s ChatGPT is now at 700 million weekly users—a 40% jump in five months—making it the fastest-growing consumer tech platform in history.
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