ELIZA BLEU AND THE PERPETUAL TRAUMA MACHINE—PART 2

The AI Trade: Now With Less Circle And More Jerk Submitted by QTR's Fringe Finance As if markets didn’t already have enough to worry about heading into the weekend — an escalating conflict involving Iran, growing stress in private credit, and the ongoing annoyance of positive real interest rates — one of the “AI will solve everything, just add capex” deals that everyone in markets have been quietly laughing about while investing in for the past year has officially started to unravel. According to Bloomberg, Oracle Corporation and OpenAI have scrapped plans to expand...

Mapping The Hormuz Blockade: At Least 15 US Navy Ships Are In Place President Trump is once again engaged in a high risk bet in hopes that Iran will buckle to US demands after failed initial truce talks in Pakistan. The blockade now in effect as of Monday seeks to starve Iran of $200 million in daily oil revenues. The Wall Street Journal has newly detailed that more 15 American warships are now in place to support the operation, in the Gulf of Oman and the Arabian Sea. The report further specified...

'Money Laundering'? Newsom Used Donations To Inflate Book Sales Authored by Luis Cornelio via HeadlineUSA, California Gov. Gavin Newsom and his allies spent weeks boasting that his book, Young Man in a Hurry, became a “best-seller” within hours of its March release. However, a new report found those sales were largely driven by Newsom’s own super PAC using donor funds. FILE - California Gov. Gavin Newsom speaks during a press conference in Los Angeles, Wednesday, Sept. 25, 2024. (AP Photo/Eric Thayer, File) The book, published March 10 and centered on Newsom’s upbringing in...