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We’re taking another look at France’s fiscal crisis; why it presents the European Central Bank (or ECB) with a difficult dilemma; and why some sort of ECB bailout is perhaps more likely than is commonly assumed.
Meta beat on earnings and lost $160 billion in two days, because $33.9 billion of capex just pushed its free cash flow negative for the first time since 2012. Google’s long-term debt has gone from $10.9 billion to $98 billion in under two years, Nvidia’s own bonds are trading at 86 cents on the dollar, … Read more
There are warnings going out about 30 days of preparedness… take them seriously 🚨 “Get your stuff today. Please. Do it for your family!” — @dbongino pic.twitter.com/ddGE4xGoHV — Bongino Report (@BonginoReport) October 27, 2026 h/t Craft
I like how he “calmly” answered. h/t @Volkaer
DETROIT — General Motors plans to transfer shares of its common stock from the New York Stock Exchange to the Nasdaq as the automaker attempts to position itself more as a technology-focused company. The Detroit automaker said Tuesday that it expects to begin trading as a Nasdaq-listed company on Nov. 17. Its ticker symbol is … Read more
Dutch government to cut 16 percent of workforce as part of AI efficiency push. No job is secure from the advent of artificial intelligence’s rapid growth. In a lengthy post detailing how the Dutch government plans to improve efficiency, it announced that it would get rid of 25,000 full time jobs over the span of … Read more
via schiffsovereign In July 1974, a former bond trader turned politician named William Simon boarded a private plane out of Andrews Air Force Base for a two-week tour of Europe and the Middle East. Simon had been Treasury Secretary for all of two months, and the government had a problem. Three years earlier Nixon had … Read more
A tech company just put AI-created synthetic viruses into a human for the first time ever. These genetically engineered bacteriophages hijack bacterial cells, replicate their own DNA, and produce hundreds of copies of themselves. What could possibly go wrong? pic.twitter.com/VjQKtcxMHN — Nicolas Hulscher, MPH (@NicHulscher) October 26, 2026 Radical Numerics says its Omnii-1 model designed … Read more
According to the “Comprehensive Survey Report on Disposable Straws” submitted by the Ministry of Climate, Energy, and Environment to Representative Kim Wi-sang of the People Power Party, a member of the National Assembly’s Environment and Labor Committee, the carcinogenic impact on the human body of paper straws was 6.33 times higher than that of regular … Read more
Who is selling? All I hear is that people are buying. looks short-term undervalued. pic.twitter.com/PqWUe3o5bR — Eigenvalue (@geteigen) October 26, 2026 Reuters confirms margin calls are forcing investors to sell gold https://www.reuters.com/world/india/gold-heads-steep-weekly-loss-oil-prices-fuel-fed-rate-concerns-2026-10-23/ Reuters reported that losses in technology stocks triggered margin calls, prompting investors to sell gold and silver to raise cash. Gold fell below … Read more
Boeing reported a $116 million net loss for the third quarter, or 26 cents a share, down from a $5.34 billion loss a year earlier. Adjusted loss came in at 34 cents, wider than the roughly 21 cents Wall Street expected. Revenue rose 4 percent to $24.2 billion, helped by defense and services, but the … Read more
1) And this is not an isolated case. Many condos in Downtown Nashville are now listed, or selling, at big losses. The reason? Supply is breaking records, and there is no other downtown area in the U.S. with as much excess inventory. — Nick Gerli (@nickgerli1) October 26, 2026 3) You can see that this … Read more
I have rarely read something so nonsensical. The illiterate part is more of an aspiration, you can still vote if you have a pulse, actually a lot of dead people vote too. — Lucas Martins 🇧🇷🇺🇸 (@lucasmartins) October 26, 2026 Factcheck: All claims check out. Voting age starts at 16 (optional for 16-17). Compulsory for … Read more
A former Miss Switzerland alleges that President Donald Trump raped her while she was in the U.S. for a pageant in 1993. Beatrice Keul told Democratic staffers on the committee that the alleged assault happened in a hotel suite in New York in November 1993 after she interacted… — Republicans against Trump (@RpsAgainstTrump) October 27, … Read more
Alex Soros posted on X right after the runoff: “Lula Lula Lula! Congrats to Brazil for standing up against authoritarianism once again!” Lula took about 51.8 percent to Flávio Bolsonaro’s 48.2 percent, roughly 4.4 million votes more, for a fourth term. Bolsonaro first refused to concede and called for the result to be annulled after … Read more
Why wasn’t this thoroughly vetted before she was let into congress?
Live Updates and coverage: No clear winner in Israeli election, exit polls say Here’s the latest • No clear winner: Prime Minister Benjamin Netanyahu and his main rival, former military chief Gadi Eisenkot, appear short of outright victory, exit polls indicate. Turnout was highest since at least 1999. • Slump for Netanyahu: The prime minister’s … Read more
Independent inquiry delivered a report accusing Moscow of a deliberate state policy of attacking civilian energy infrastructure to inflict suffering. Ukrainian officials reported fresh ballistic missile strikes on Kyiv overnight that killed one and injured at least ten, plus more deaths in Kharkiv. Separately a local ceasefire in the Russian-occupied town of Oleshky, brokered with … Read more
Democrats had every right to choose a replacement under their party rules. But voters also have a right to ask why millions of primary votes for Biden did not lead to a new primary after he dropped out. If democracy is the argument, that question isn’t going away. CNN People can't handle the Truth ,, … Read more
