Bigger Isn't Better: A Case For Downsizing The Federal Reserve

MSFT Dumps As CapEx Disappoints, Despite Top- & Bottom-Line Beat Heading into the "biggest earnings day ever", MSFT was near the bottom of the Mag7 group, down 22% from its 52-week high, with capacity constraints hampering growth and CapEx concerns weighing down the stock. Microsoft has guided to roughly $80 billion in AI data center spending this fiscal year, and the Street wants to know if that money is actually getting deployed. The headline results were solid and prompted initial gains in MSFT after hours as it beat top- and bottom-line: *MICROSOFT 3Q...

UK Bans Pretend "Stepsister" Porn Months After Actual Muslim Incest Protections Authored by Steve Watson via modernity.news, The British government has banned “step” porn, where the porn stars pretend to be related in a scripted format. Meanwhile, a bill earlier this year to ban first cousin marriage was rejected. The crackdown targets consenting adults role-playing taboo family scenarios, including step-family tropes.  Offenders face prison time, and platforms must block UK access or face Ofcom fines. It’s sold as “protecting children” and aligning online rules with offline laws. Ban on step incest porn and 'barely...

Oracle Tumbles After Mixed Results, Capex Comes In Hot; Warns Another $40BN Debt/Equity Capital Raise Coming With tech stocks cracking for a 3rd straight day, and with the broader market closing at the lows in a surprising sign of weakness, many were looking to ORCL to kickstart the AI euphoria which has been oddly missing in recent days (and which send NVDA stock briefly just below the key level of $200). Well, for those hoping that ORCL would be the much needed spark, they may be disappointed after ORCL stock...