Oracle Plunges Most Since Dot Com Bubble, CDS Blow Out To Lehman Crisis Levels It’s a very ugly morning for Oracle. The company, once viewed as a bellwether of the AI investment boom, and which plunged as much as 40% from its September highs ahead of earnings amid fears (first discussed here) how it would fund its massive future spending plans – and which prompted banks to downgrade its debt as it became clear that Oracle would […]

Affordability Crisis: Challenging The Poverty Line Authored by Michael Lebowtiz via RealInvestmentAdvice.com, Michael Green, Chief Strategist and Portfolio Manager at Simplify Asset Management, wrote a provocative Substack essay, Part 1: My Life Is A Lie, that is sparking a debate among economists and raising awareness of the affordability crisis. It’s not just the wonky economists debating the merits of his article; […]

An “Existential Crisis” To Close 2025 By Michael Every of Rabobank The Fed delivered what was expected – a 25bps rate cut to 3.75% and a deep public split over whether it should cut further because the labor market is weakening or keep policy tight because inflation is too high. The Fed will also buy $40bn of T-Bills just after stopping QT, but this is not to be seen as QE, nor as having any impact on monetary policy – and QE was […]

TIME Person Of The Year Are The Architects Of AI TIME magazine has picked the ‘Architects of AI’ as their person of the year for 2025, when the potential for AI “roared into view” with no turning back. “For delivering the age of thinking machines, for wowing and worrying humanity, for transforming the present and transcending the possible, the Architects of AI are TIME’s 2025 Person of the Year,” the magazine announced.  […]

Disney Invests $1 Billion In OpenAI, Strikes Landmark Deal To Bring Beloved Characters To Sora Disney and OpenAI have resolved their prior video-generation rights dispute by entering into a three-year licensing and technology partnership that makes Disney the first major content partner for Sora, OpenAI’s generative video platform. “As part of this new, three-year licensing agreement, Sora will be able to generate short, […]

Australia’s Social Media Ban For Under-16s Comes Into Effect Authored by Victoria Friedman via The Epoch Times (emphasis ours), A social media ban for those younger than 16 in Australia came into effect on Dec. 10, with Australian Prime Minister Anthony Albanese hailing the world’s first restriction of its kind as giving children back their childhoods. Three 11-year-old boys use their phones while sitting outside a school in […]

US-Backed Opposition Leader Secretly Whisked Out Of Venezuela, Appears In Oslo To Urge Regime Change As the main opposition figurehead and rival to Venezuelan President Nicolás Maduro, she’s reportedly been in hiding for many months. María Corina Machado hasn’t appeared in public for nearly a year, after she was briefly detained all the way back on Jan. 9 in Caracas. Fearing another arrest where she could go away to prison for […]

Rep Massie Introduces Bill For US To Dump ‘Cold War Relic’ NATO Conservative and outspoken libertarian-leaning Republican Rep. Thomas Massie of Kentucky introduced legislation Tuesday for the United States for formally withdraw from NATO. Sen. Mike Lee is also helping lead the charge, introducing companion legislation in the Senate. The bill argues that the US military cannot be seen as the police force of the world, and that […]

Jet Engines For Data Centers Adding to the growing mountain of commentators joining us in calling BS on the booming data center industry magically pulling dozens of gigawatts of energy per year out of thin air…  has anybody done the math how many hundreds of new nuclear power plants the US will need by 2028 for all these AI daily circle jerk deals to be powered? — zerohedge (@zerohedge) October 14, 2025 … and as a […]

Futures Rebound From Worst Levels As Oracle Plunges 11% On Cash Burn Fears US equity futures are lower, as lousy earnings and an ugly capex forecast by Oracle reversed the market euphoria following the “more dovish than expected” Fed rate cut. As of 8:00am ET, S&P futures are down 0.2% but well off session lows, having tumbled as much as 1% earlier; Nasdaq 100 is down 0.4%, reversing earlier losses of 1.5%. In premarket trading, […]

Continuing Jobless Claims Plummet To 8 Month Lows After plunging near 60 year lows in the prior week (at 192k), initial jobless claims rebounded (as many expected) to 236k last week – back into the ‘normal’ range and nothing at all to worry about from a labor market perspective… Source: Bloomberg Sure enough it was California in large part that was responsible for the chaos… Source: Bloomberg But while initial claims […]

The Orbital Data Center Space Race Has Officially Begun We’ve highlighted a new theme: data centers in low Earth orbit, or at least the race to get these AI chips into space. Week after week, the news flow shows a new space race taking shape, as Elon Musk, Jeff Bezos, and Sam Altman appear to be the major players in the scramble to get chips into orbit – almost certainly joined by other billionaires quietly working behind the […]

Lilly’s Next-Gen Obesity Shot Shows Best-In-Class Weight Loss In Study Shares of Eli Lilly are higher in premarket trading after the company unveiled blowout topline results for its next-generation obesity drug retatrutide, which delivered more than 23% weight loss over 68 weeks – the strongest performance yet for a late-stage obesity trial. Adult patients in the Phase 3 TRIUMPH-4 trial testing retatrutide, a first-in-class GIP, […]

Dark-Fleet Tanker At Epicenter Of Iran’s Shadow Oil Trade Seized By U.S. Commandos Welcome to Monroe Doctrine 2.0 – a revival of gunboat diplomacy – where U.S. forces just carried out an exceptionally rare move: seizing a massive dark-fleet tanker off Venezuela, long known as a key tanker for Iran’s shadow oil trade. Maritime tracker MarineTraffic shows that the vessel commandeered by a U.S. special operations team, which rappelled […]

Tether Launches Privacy-Focused Health Platform With On-Device AI Authored by Nate Kostar via CoinTelegraph.com, Tether has launched a new platform that aggregates data from multiple wearables and wellness apps into a single, locally processed dashboard, aiming to give users control over their biometric information. The platform, called QVAC Health, aggregates data from fitness trackers, nutrition apps and other wearables into […]

“Democrats Know Their Constituents Can’t Read Charts. That’s Why…” Another attempted “gotcha moment” on X by Democrats backfired, revealing that their political strategists and whoever handles their social media accounts lack the most basic chart-reading skills. However, X users pointed out that these political operatives aren’t DEI fools; instead, they seem incapable of telling the truth. The X account for the Senate Majority […]

EU Opens Antitrust Probe Into Google’s Use Of Publisher, YouTube Content For AI Authored by Vismaya V via Decrypt.co, The EU has launched an antitrust investigation into whether Google exploited publisher and YouTube content to fuel its AI products without fair compensation or consent. Regulators warn that the practices may give Google an unlawful competitive edge over rival AI developers across Europe. This is the […]

Indonesia Targets Finfluencers In Crackdown After P2P Investment Losses Indonesia’s financial regulators are stepping up action against social-media investment gurus after a wave of losses tied to risky digital platforms and unverified financial advice. Beginning this week, a new rule issued by the Financial Services Authority (OJK) will force securities firms to vet, supervise and assume legal responsibility for content produced […]

UK Teacher Banned For Daring To Tell Muslim Pupil Britain Is Still A Christian Country Authored by Steve Watson via Modernity.news, In yet another chilling assault on free speech and cultural identity, a London primary school teacher has been dragged through the wringer for simply pointing out Britain’s Christian roots to a Muslim student. This outrageous case exposes how woke bureaucrats are weaponizing child protection rules […]

Money For Nothing Authored by Niall McCrae via Off-Guardian.org, British people are glum and grumbling after Rachel Reeves’ budget, but what did they expect? They should know by now that government is an extortion racket. While many voters regret their decision in last year’s general election, die-hard Labour supporters continue to make excuses: Tory mismanagement and Brexit ruined the economy. Daily Mail readers, meanwhile, […]

EU Rushes To Secure Russian Assets Under Emergency Powers, Bypassing Hungary Veto Ukraine is desperately seeking more money, which has been a persistent reality of the war, and the European Union is scrambling to find solutions amid a general Western war weariness which has already seen hundreds of billions poured into Kiev’s coffers. Currently EU member states are rapidly advancing a plan to permanently freeze as much as €210 […]

Pakistan Offers To ‘Take Grooming Gang Leaders’ If UK Hands Over Dissidents via Middle East Eye Pakistan has reportedly offered to take back grooming gang leaders in exchange for Britain handing over Pakistani political dissidents living in the UK. Pakistani media reported that the proposal was made in a private meeting last Thursday in Islamabad between Pakistani Interior Minister Mohsin Naqvi and Jane Marriott, the […]

FBI Arrests Alleged MS-13 Assassin, ‘Kill Squad’ Leader In Nebraska: Patel Authored by Naveen Athrappully via The Epoch Times, A suspected leader of the criminal gang MS-13 has been arrested in Nebraska, FBI Director Kash Patel said in a Dec. 9 post on X. Gerson Cuadra Soto, a Honduran national, “is believed to be responsible for overseeing one of their major kill squad units—and suspected of executing the assassination of […]

Palantir Lands $448 Million Deal To Fix Navy Submarine Delays Palantir Technologies is becoming a deeper partner to the US military as the Navy launches ShipOS, a $448 million effort to use the company’s AI and data tools to improve submarine production, according to a new report from Bloomberg. The deal will provide Palantir’s Foundry and Artificial Intelligence Platform across select shipyards and suppliers. The Navy wants […]

Israel Funds Summit For 1,000 US Pastors Overseen By Amb. Huckabee Authored by Dave DeCamp via AntiWar.com, A group of more than 1,000 American Christian Zionist pastors and influencers has spent a week in Israel on an all-expenses-paid trip that was funded by the Israeli Foreign Ministry, the Israeli newspaper Haaretz reported on Tuesday. “This is the first time in history that the state of Israel has officially partnered with […]