by Michael The Iranians truly believe that they have won. The closure of the Strait of Hormuz has created a global energy crisis, and President Trump doesn’t have any easy options for reopening it. Meanwhile, Republicans in Congress are pleading with Trump to bring the war to an end because the midterm elections are coming … Read more
In its Q2 earnings call Thursday morning, USA Today Co. chairman and CEO Mike Reed told investors he expects the partnership to “strengthen how we collect, connect and activate audience data to drive more effective and faster monetization across our platform.” “Every visit, every session, and every moment of attention creates a signal,” Reed said. … Read more
We are now in a kangaroo market byu/maddog107 inwallstreetbets h/t Odd-Elderberry-6137
It’s insane the US has this many Flock cameras installed byu/CloggedAssassin inmildlyinfuriating
Employees have long been sold the idea that working hard and outperforming their peers would lead to sizable pay hikes and title upgrades. But now, some companies are ditching merit-based wage bumps in favor of “peanut butter raises“—and it’s hurting employee morale. Around 36% of U.S. companies say they gave out standard, across-the-board pay increases this year, … Read more
The U.A.E. said a ship affiliated with its national oil company came under an Iranian missile attack while crossing the Strait of Hormuz https://t.co/yDKnQOKuUG — Pamela Falk Correspondent (@PamelaFalk) August 8, 2026 8 Aug 2026 The United Arab Emirates has accused Iran of striking a tanker owned by the Abu Dhabi National Oil Company (ADNOC) … Read more
🚨JUST IN: Palantir CEO warns against banning Chinese AI in the US. "We don't want to do what Europe did." "Europe said you can only buy technology from Europe. How's that worked out?" The US needs competition to keep AI labs honest, not protectionism, per CNBC. pic.twitter.com/I6elmQRt7d — Coin Bureau (@coinbureau) August 9, 2026 For … Read more
🇷🇺🇺🇦 This footage is absolutely insane. These Russian soldiers are blasting away with their rifles at a fast approaching Ukrainian kamikaze drone, and against all odds, they actually bring it down. Writer: Lucaspic.twitter.com/0aMAAcqTgA — Mario Nawfal (@MarioNawfal) August 8, 2026 h/t MT Ballsack
The facility outside of Atlanta confirmed a hack in late July impacted the system that controls water flow, taking 24 hours to resume normal operations. Latest is Georgia
by Michael This week, we will witness a convergence of celestial events that is truly extraordinary. On August 12th, we will be able to see a parade of 6 planets in the sky, a total solar eclipse and the peak of the Perseid meteor shower all on the same day. I was curious, and so … Read more
America's biggest home builders are slashing prices. Lennar has reduced its average selling price from $511k to $377k, a nearly 25% decline (inclusive of incentives). DR Horton has cut from $415k to $366k, a 12% decline. Four years ago, this would have been hard to imagine.… pic.twitter.com/vJCruOVAOr — Nick Gerli (@nickgerli1) August 6, 2026 THE … Read more
The Minnesota Attorney General’s Office and Ramsey County Attorney’s Office together have filed lawsuits to keep two rival Somali gangs away from the Minnesota State Fair when it starts later this month. The two lawsuits filed in civil court came to light on Friday and seek injunctions against “Muddy,” “The Ville,” and 10 named affiliates to keep … Read more
The thing I remember most about market crashes isn’t the day everything turns red. It’s what happens afterward. The people who lived through 2000 and 2008 remember something younger traders haven’t really experienced. Markets can become boring. Not for a week. For years. After the dot-com bubble burst, the Nasdaq fell about 78% from its … Read more
No signs (yet) that AI is driving higher margins for anyone except people selling AI byu/JuliusCaesar121 inEconomyCharts https://www.apollo.com/wealth/insights-news/insights/daily-spark/the-buyers-of-ai-are-still-waiting-for-the-payoff The S&P 500 is spending heavily on AI. But it is not showing up in profit margins since 2022. Looking at the individual sectors of the S&P 500 outside tech shows that the picture is flat, cyclical … Read more
Berkshire Hathaway’s operating earnings climbed 16% in the second quarter as strength across its energy, railroad and manufacturing businesses more than offset weaker insurance results. But the bigger takeaway from the results is that CEO Greg Abel, 64, is starting to put the record cash hoard amassed by Warren Buffett to work on buybacks and … Read more
Excellent read: Janet Yellen started this trend. Now Scott Bessent has taken selling t-bills at Treasury auctions to a whole new level in order to borrow money cheaply: However, it exposes us to inflation: pic.twitter.com/Ods8Vr29ix — QE Infinity (@StealthQE4) August 8, 2026 How Scott Bessent used financial engineering to finance the $2 trillion deficit while … Read more
Rep. Alexandria Ocasio-Cortez has announced she is freezing her eggs and has posted a video of her injecting herself with medication. “This is just not something that men deal with,” she said before injecting herself. “Men run for office, or frankly, they interview for jobs and… pic.twitter.com/egPTPxBx5D — Collin Rugg (@CollinRugg) August 9, 2026 Her … Read more
In order to make a real change, some dude needs to take the L and actually pretend to be a chick for a year, dominate everything and then admit it was all a ruse afterward. We need somebody with the balls to do it. https://t.co/z24vh1ADog — Not the Bee (@Not_the_Bee) August 8, 2026 A women’s … Read more
A thrilling day at a Texas amusement park turned into a terrifying rescue mission after the Texas Tornado roller coaster suddenly stalled nearly 80 feet in the air, leaving 18 riders stranded. Firefighters used an aerial ladder to rescue passengers one by one after the iconic ride suffered a mechanical malfunction. A similar thing … Read more
Bald Range wildfire started Friday and raced toward Okanagan Lake communities. All 12,000 residents of the District of Summerland ordered to leave late Friday night. Another 8,000 people around Peachland also under evacuation orders. Total of roughly 21,700 people displaced province-wide with 9,700 more on alert. Premier David Eby and officials described the fire behavior … Read more