The US May Have Shot Down a Small Hobby Balloon With a Sidewinder Missile

Leaked Meta Memo Shows AI Capacity Doubling To 14 Gigawatts Meta shares fell 4.3% at Thursday's open after Reuters reported the contents of an internal memo laying out the next phase of the company's AI infrastructure program. The stock has clawed back part of the loss through the morning but stayed solidly red while the tape digested the same question it has been chewing on for nine days: is Meta the hyperscaler that just started exercising capex discipline, or the one that just committed to doubling? Three things to note from today's...

40,000 Evacuated In Southern California As Chemical Tank Threatens Leak Or Explosion Authored by Kimberley Hayek via The Epoch Times, Roughly 40,000 people in Garden Grove, a Los Angeles suburb, were evacuated on Friday after a chemical storage tank was determined to be at risk of failing and spilling thousands of gallons of toxic material or exploding. The malfunctioning tank holds methyl methacrylate, a flammable and volatile chemical used in plastics manufacturing for aerospace applications, igniting widespread worries over potential toxic vapor release. The situation broke out Thursday, when the tank at a...

Contacts Back On? Trump Proclaims Iran 'Talks Continuing At Rapid Pace' Amid Lebanon Ceasefire Efforts Summary Trump has announced the "shooting will stop" in Lebanon, after phone calls with both sides. Says Iran talks back on "at rapid pace". Iran announces halt to all exchanges with US, citing Israeli aggression in Lebanon. Trump says 'haven't heard' this from Tehran, vows to keep US naval blockade in place. Iran overnight initiated fresh attacks on neighboring Kuwait and even released video showing footage of a ballistic missile launch. The US bombed radar & drone sites in Iran...