Bitcoin Mining & The Electricity Grid: A Quiet Savior

Hyperscaler Bond Spreads Blow Out After Google Shocks With Another $25 Billion Bond Offering After tightening sharply following last week's (pre-Situational Awareness) rout which sent hyperscaler CDS to the widest on record, AI bond spreads are blowing out again this morning - with SpaceX bonds - which have quickly emerged as the fulcrum bond security of the AI world - plunging this morning on news that for the third time in a year, Alphabet which has emerged as the credit (both on and off balance sheet) nexus of the AI supercyle, is...

UAE Retracts Warning About "Potential Missle Threat" Update: it appears the earlier warning by the UAE was a false alarm: UAE SENDS ALERT SAYING 'PLEASE DISREGARD THE PREVIOUS WARNING' UAE ASKS PEOPLE TO IGNORE PREVIOUS WARNING * * *  Earlier Is the ceasefire over (again)? Moments ago stocks hit session lows and oil jumped from post-war lows after the UAE issued a phone alert warning of potential missile strikes. Iran's Tasnim promptly followed up, saying that according to news sources, there were explosions heard in Dubai. And while the initial report sent futures to session lows... ... , and oil...

The UNIFIL peacekeepers reported that one of their vehicles sustained significant damage when an Israeli Merkava battle tank twice rammed into it on the road in Bayada, southern Lebanon. The Israeli soldiers were blockading a road regularly used by the UNIFIL for patrols. The UNIFIL noted that Israeli troops have hindered UNIFIL movements along such […]