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Dreams and Detours
Earnings, tariffs, and a bridge to the sky
Sixty-one years ago today, more than 200,000 people packed the National Mall to hear Martin Luther King Jr. deliver his “I Have a Dream” speech. It wasn’t just a rally. It was the civil rights movement at full volume. On the steps of the Lincoln Memorial, King’s words turned into a national mirror, forcing America to see how far it had drifted from its own promises.
The march was a turning point. It gave momentum to landmark laws like the Civil Rights Act and the Voting Rights Act. It proved peaceful protest could bend history. And it left a challenge we’re still wrestling with: America’s dream isn’t complete until everyone actually gets a fair shot.
Now, let’ get today the biggest stories going on in the world today.
Dreaming in Silicon
Nvidia just reported earnings, and once again it managed to beat Wall Street’s high bar. Revenue hit $46.7 billion. Analysts expected $46.2. Adjusted earnings per share came in at $1.05, four cents higher than estimates. For next quarter, Nvidia is guiding to $54 billion in revenue, give or take 2 percent. That’s above the $53.1 billion analysts penciled in. Translation: the company isn’t slowing down.
But here’s the thing about Nvidia. Beating expectations isn’t enough anymore. Investors don’t want good. They want jaw-dropping. And this time the fireworks didn’t land. Shares dipped after hours, proof that markets were hoping for even more. It’s the curse of being the golden child of the AI boom. When you’re the company everyone uses as a yardstick for the future of tech, “great” often reads as “underwhelming.”
The China problem didn’t help. Nvidia’s H20 chip, designed specifically for Chinese buyers, could have added about $8 billion in sales last quarter. Instead, U.S. export rules slammed the brakes. The company even noted its outlook doesn’t assume any H20 shipments to China at all. Investors heard that as uncertainty. No one likes uncertainty.
So here’s where things stand. Nvidia is still the heavyweight champ of the AI chip race. Its numbers are staggering, its guidance is strong, and its hardware remains the pick-and-shovel play for the entire industry. But the market is jittery. Last week, tech stocks sold off on growing doubts about how sustainable the AI gold rush really is. And Nvidia, fair or not, carries the burden of proving the skeptics wrong.
That’s the paradox. Nvidia is printing money at a scale most companies would kill for, yet it has to keep proving it deserves the hype. As long as AI keeps eating the world, Nvidia is the company feeding it. The only question is whether investors ever stop demanding more.

Rapid Fire
🇮🇳 Trump just slapped a 50% tariff on Indian goods. The reason? India won’t quit buying Russian oil, which he says is “fueling the war machine.” The hike kicked in today, making it the steepest tariff anywhere in Asia. He’d been dangling the threat for weeks, first adding 25% on top of the existing 25%, then pulling the trigger at midnight to bring the total to a clean, brutal 50%.
This isn't a small change. India is one of the fastest-growing economies in the world and supposedly a U.S. partner. Now its biggest exports, such as textiles, gems, and jewelry, are staring at massive price hikes. The White House is betting the squeeze forces New Delhi to rethink its Russian oil habit. Whether that works or just pushes India closer to Moscow is the real question. For now, it’s another round of Trump’s favorite game: trade war roulette.
🙏 Minneapolis is shattered after a mass shooting at Annunciation Catholic School. A 23-year-old gunman opened fire during Mass, killing two kids, 8 and 10 years old, and injuring 17 others, most of them children. He’d even jammed the exits with wooden planks beforehand. Police say he left behind a manifesto. He killed himself after the attack.
Officials are calling it “tragic,” which feels like the understatement of the year. This was deliberate. It was aimed at children in a church at the start of the school year. There’s no easy way to process that. All you can say is that an entire community is left trying to make sense of something that will never make sense.
🇱🇧 The U.S. just signed off on keeping UN peacekeepers in Lebanon for another year. Envoy Tom Barrack spelled it out on Tuesday from Beirut: “The U.S. position is we will extend for one year.” Short. Direct. No surprises.
Here’s the bigger picture. The UN mission, called UNIFIL, has been parked in southern Lebanon since 1978. Its current mandate runs out this Sunday. The force is one of the only things holding together the fragile calm between Israel and Hezbollah after their 15-month fight that finally went quiet last November. A draft resolution says the whole operation could wind down by 2027, which means these one-year renewals are basically buying time. For now, the U.S. is keeping the lights on. Whether anyone’s still around two years from now is another question.

World Watch
At least 30 people were killed in a massive landslide in Indian-administered Kashmir, set off by heavy monsoon rains. The slide struck near a pilgrimage shrine, injuring dozens more and cutting off power, water, and road access to nearby communities. With more rain in the forecast, rescue efforts could get even harder.
Officials say flooding and landslides across the wider north have killed about 34 people in total. This is a new disaster on top of the earlier August flash floods in Uttarakhand that left several dead and dozens missing. The Himalayan region is always vulnerable during monsoon season. Steep slopes, fragile roads, and torrential rain make for a deadly mix. Sadly, locals know the pattern well: each year the rain comes, and each year it takes lives.
Today in What the Hell
China just built a bridge that looks like it belongs in a sci-fi movie. The Huajiang Grand Canyon Bridge in Guizhou province just passed its final test. Engineers lined up 96 trucks loaded with 3,300 tons and let them sit on it. The bridge didn’t even blink.
Here’s why it matters. The thing stretches nearly two miles long and hangs more than 2,050 feet above a gorge. Picture stacking two Eiffel Towers under the road and still having room to spare. When it opens at the end of September, it’ll be the tallest bridge in the world. It’s a record, sure, but it’s also a lifeline for people living in Guizhou’s remote “Earth’s cracks.” Less isolation. More connection. And a little reminder that when China decides to build big, they don’t mess around.

That’s all folks
That’s a wrap on today’s news cycle. From Nvidia trying to outrun sky-high expectations to China flexing with the world’s tallest bridge, the pace isn’t slowing down. Check back tomorrow for more of the world, minus the spin.