The Mistaken Identity of Prediction Markets

SaaSpocalypse Is Back: IBM Crashes Most Since 1987 As Customers Abruptly "Shift CapEx Spending" IBM shares plunged almost 20% in premarket trading, putting the stock on track for its worst intra-day collapse since Oct. 19, 1987. Worse than the Dot Com crash... The catalyst for the selloff was IBM CEO Arvind Krishna's letter to investors outlining preliminary second-quarter results. Here is what's key: IBM CEO: DID NOT ANTICIPATE MAGNITUDE OF CAPEX REPRIORITIZATION Traders were likely caught off guard by a 7% decline in infrastructure revenue, raising new concerns about demand across one of IBM's key...

Canada Has The Nuclear Technology. Why Buy The Dependency? Saskatchewan’s recent announcement envisages two large reactors supplying more than 2,000 MW in the northwest, potentially starting in 2042, plus at least 600 MW from small modular reactors near Estevan. The ambition makes sense. The willingness to acquire more foreign dependencies… does not. The list of potential vendors for large reactors is short: Westinghouse and its AP1000 AtkinsRealis and Canadian CANDU technology Will Canada import Westinghouse and their American reactor technology, or keep everything in-house with AtkinsRealis and the CANDU? In today's era of national energy security,...

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