Markets & Trading
Pennsylvania Dangles Permitting Carrot For Data Centers That Bring Their Own Power
Under a new permitting framework for loads over 25 MW, applicants that commit to abide by the state’s recently introduced infrastructure standards for data centers will receive preferential treatment.
"Doom Loop" Engaged: US Debt Hits $40 Trillion As Treasury Enters The Endgame
It took the US 200 years to reach its first $1 trillion in debt. It took 95 days to add its last.
Parents Are Paying Thousands For Sorority Rush Coaches
What was once largely advice passed among relatives, alumnae and friends is increasingly being sold as a professional service
Sensitive Information Keeps Going To 'No Reply' Emails, And One Man Gets It All
Security researchers bought “noreply” domains and discovered a firehose of private corporate and customer data...
Your Tax Dollars At Work: 20 Port Authority Workers, 17 Cops, Make Over $400,000
Port Authority payroll crosses $1.2 billion with more than $200 million spent on overtime. Meanwhile, The Port Authority raised bridge and tunnel tolls 3% in January while eliminating some off-peak E-ZPass discounts.
$400 Billion Pharma Megadeal? Jefferies Calls Potential AstraZeneca-Bristol Myers Merger A "Head Scratcher"
"Why" is perhaps not yet clear to us: We suspect that most people will focus on the potential to establish an even bigger oncology powerhouse...
Closed Borders Killing Western Union, Earnings Call Transcripts Reveal
“New migration is the lifeline of our retail business. With borders closed, it is difficult…”
Weaponized Migration? 50,000 Military-Aged Men Invade Spanish Enclave Without Supplies As Chaos And Riots Erupt
" ... all at once, with no food or shelter, by accident."
Porsche To Cut Over A Third Of German Jobs As Auto Crisis Deepens
The company has been hit by collapsing sales in China, U.S. tariffs and costly investments in electric vehicles that have yet to produce the expected returns...
TSLA has always been a meme stock
The phrase "meme stock" often evokes images of GameStop, AMC, and armies of retail traders coordinating on social media. Tesla, however, predates that era.
Chinese chip giant defies US pressure with 466% debut surge
The blockbuster IPO has made CXMT mainland China’s most valuable listed company
Indian Companies Increasingly Turn To Chinese LLMs Due To "Unsustainable" US Token Bills
"The US models are expensive, and for a lot of basic things, you don't need them. It's overkill, like trying to drive a sports car on a crowded city road."
Musk Buys Florida-Based Energy Company
Acquiring APR Energy gives Elon Musk a mobile fleet of turbines to meet data center power needs...
Trust Is Lost From Both Financial Markets And Sports
Whether its massive 0DTE puts coming in on oil before a ceasefire announcement or someone seeing Conor McGregor limping into the ring...
META Has Become a Meme Stock
META has quietly crossed a line that separates traditional blue-chip technology companies from momentum-driven meme stocks. (In other news, META is at their favorite price point today, $666.)
Tesla Reports 480,126 Q2 Deliveries, Crushing Estimates
The company also produced 451,758 vehicles during the period, signaling a meaningful improvement after a slow start to the year…