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Wall Street's Trillion-Dollar Bet On "Tax Alpha"
Wall Street's Trillion-Dollar Bet On "Tax Alpha"
Tax alpha — the practice of improving investment returns by reducing taxes — has become one of the fastest-growing strategies on Wall Street, according to Bloomberg.
Rather than focusing only on beating the market, many investment firms now design portfolios to minimize taxes, often producing higher after-tax returns even if pre-tax performance is similar to traditional strategies.
After years of rising markets, many wealthy Americans hold large unrealized gains in stocks and funds. To address the resulting tax burden, asset managers have developed a wide...
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Mar 25, 2026 / Tyler Durden
Democrats Flip Trump's Mar-a-Lago District In Florida Special Election Upset
Democrats Flip Trump's Mar-a-Lago District In Florida Special Election Upset
Democrats flipped a reliably red Florida state House seat that includes President Donald Trump’s Mar-a-Lago estate on Tuesday, scoring a narrow but symbolically significant victory in a special election that drew national attention.
Democrat Emily Gregory defeated Trump-endorsed Republican Jon Maples in House District 87 by just over 2 percentage points, according to unofficial results. The win marks an approximately 11-point swing toward Democrats compared to the 2024 performance in the Palm Beach County district.
Gregory, a first-time candidate who runs a...
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Apr 4, 2026 / Tyler Durden
In Charts: US Does Not Rely On Strait Of Hormuz Oil While Asia Stands To Lose
In Charts: US Does Not Rely On Strait Of Hormuz Oil While Asia Stands To Lose
Authored by Sylvia Xu via The Epoch Times (emphasis ours),
The Strait of Hormuz has been called the jugular vein of the world’s oil supply, and as Operation Epic Fury continues, Iran continues to have a chokehold on the critical supply route.
About one-fifth of the world’s oil and gas is typically shipped through the narrow waterway connecting the Persian Gulf to the Arabian Sea.
But Iran’s attacks on commercial vessels have brought traffic through the strait...
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May 1, 2026 / Tyler Durden
Oracle Joins Growing List Of AI Firms Supporting Pentagon National Security Work
Oracle Joins Growing List Of AI Firms Supporting Pentagon National Security Work
Summary:
Oracle Joins the growing list
OpenAI, Google, SpaceX/xAI, Microsoft, Amazon, Nvidia, and Reflection AI to deploy AI tools in "classified settings" at the Department of War
Oracle Added
Department of War CTO posted on X that Oracle has officially joined the list of AI companies deploying AI tools to America's warfighters.
BREAKING:
Following this morning’s announcement, the @DeptofWar is announcing that Oracle has officially agreed to join the list of AI companies deploying frontier capabilities on the Department’s classified networks. https://t.co/99nfrwXCzg pic.twitter.com/WwoA2aLJui
— Department...
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