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Weather & Weak Demand Drive US PMIs Down To 10-Month Lows In February, But...
Weather & Weak Demand Drive US PMIs Down To 10-Month Lows In February, But...
While 'hard' data has been fading modestly in recent weeks, 'soft' survey data has bounced back but today we get a first glimpse at February's PMIs from S&P Global to see if that survey-based confidence is continuing.
It is not as both Manufacturing and Services PMIs dropped notably.,
Flash US Services PMI Business Activity Index: 52.3 (January: 52.7). 10-month low.
Flash US Manufacturing PMI: 51.2 (January: 52.4). 7-month low.
Source: Bloomberg
Overall that dragged the US Composite PMI down...
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Jul 16, 2026 / Tyler Durden
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It has been a brutal year for NFLX longs, who have seen their favorite stock slide in a straight line since last summer, erasing almost 50% from the July 2025 all time high of $134. And unfortunately for them, it appears this brutality isn't going to end any time soon after the company mangled its Q2 earnings moments ago, reporting mediocre earnings, but more importantly, projecting numbers that missed consensus estimates for both Q3 and...
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Apr 28, 2026 / Tyler Durden
Citadel's Griffin To Meet With NY Gov. Hochul After Mamdani's Socialist Games
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Citadel's Ken Griffin told the audience at the Norges Bank 2026 Investment Conference in Oslo earlier on Tuesday that he is planning to meet with left-wing New York Gov. Kathy Hochul on Thursday to discuss the "future direction" of the state after far-left NYC Mayor Zohran Mamdani singled out Griffin in a promotional video stunt to push his proposed new tax on luxury second homes.
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Apr 15, 2026 / Tyler Durden
"Can Only Imagine What FCC Has To Say": Open Source Military Radar Plans Appear Online
"Can Only Imagine What FCC Has To Say": Open Source Military Radar Plans Appear Online
Someone on GitHub has built an open-source radar system capable of tracking multiple targets up to roughly 12 miles away, at a fraction of the cost that a major defense contractor would typically charge for a comparable system.
AERIS-10 is an open-source phased-array radar system that demonstrates how advanced sensing technology has moved out of the defense-prime world and into civilian hands, with one person releasing all the design and development files on GitHub.
The...
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