Article
Death Of Hollywood In Two Charts
Death Of Hollywood In Two Charts
The nightmare story for Hollywood is playing out in real time for the world to see, as a century-old entertainment economy implodes and bears all the hallmarks of what happened to Detroit after the auto industry went bust.
A new Wall Street Journal report describes the Hollywood job market as being in "collapse" mode, with employment in the industry down 30% from its late-2022 peak, while behind-the-scenes union workers logged 36% fewer hours last year than in 2022.
One big reason is that studios are...
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May 12, 2026 / Tyler Durden
Iran Specifies 5 Demands To Restart Peace Talks With US
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Iran on Tuesday revealed its demands in a counteroffer to the United States that President Trump shot down on Sunday, which has put the whole conflict and Pakistan-mediated talks in a holding pattern and stalemate, as the Strait of Hormuz remains effectively blocked.
The demands hinge on war reparations, Iranian sovereignty over the Strait of Hormuz and an end to US sanctions - things which the White House balked at, with war reparations especially being focus of rejection by the US side, and the...
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Why Memory Stocks Crashed Today: TurboQuant Just Changed The Game With "Google's DeepSeek Moment"
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With stocks closing solidly in the green despite some painful wobbles during the day, one sector was a notable laggard: the same sector that had dramatically outperformed the S&P since memory prices soared last October: memory stocks, most notably MU and SNDK.
In his EOD wrap, Goldman tech specialist Peter Callahan wrote that while there wasn't that much actual "angst" out there, his clients complained of plenty of "sanity checking" on the moves today in memory (MU...
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May 27, 2026 / Tyler Durden
Oil Tumbles As Tehran Pushes Draft Peace Framework While Sidestepping Uranium Question
Oil Tumbles As Tehran Pushes Draft Peace Framework While Sidestepping Uranium Question
Summary
Iran only having 'indirect' US contacts while asserting that enriched uranium is 'off the table' for negotiations: state TV says Tehran has a draft of the initial unofficial framework for MOU with US.
IRGC keeping up the rhetoric: warns that Iran would "turn the area from Chabahar to Mahshahr into a graveyard for aggressors" if the ceasefire collapses.
CENTCOM: "Clearly the Iranians are trying to hedge their bets here and put more pressure on the US."
Iranian president: "The main battleground...
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