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CoreWeave Expands Meta AI Deal To $21 Billion, Issues $4.25 Billion In New Convertible & Junk Debt

CoreWeave Expands Meta AI Deal To $21 Billion, Issues $4.25 Billion In New Convertible & Junk Debt CoreWeave has expanded its agreement to supply Meta with AI computing capacity, lifting the total value of the deal to $21 billion, as reported by Bloomberg. The updated terms extend AI cloud services through December 2032. This means that circular financing circle jerk we've been tracking since last year continues. LOL *COREWEAVE INKS $14 BILLION META DEAL TO SUPPLY COMPUTING POWER ye daily circle jerk — zerohedge (@zerohedge) September 30, 2025 The deal underscores a broader truth in the...
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May 3, 2026 / Tyler Durden
Rudy Giuliani Hospitalized In Critical Condition
Rudy Giuliani Hospitalized In Critical Condition Former New York City Mayor Rudy Giuliani has been hospitalized and is in critical condition, according to The New York Times, citing his spokesman, Ted Goodman. "Mayor Giuliani is a fighter who has faced every challenge in his life with unwavering strength, and he's fighting with that same level of strength as we speak," Goodman said, before asking "that you join us in prayer" for the former NYC mayor. Goodman did not disclose what medical emergency sent Giuliani to a Florida hospital Sunday afternoon. President...
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Apr 1, 2026 / Tyler Durden
ADP Employment Reports Shows Better Than Expected Job Gains, Accelerating Wages
ADP Employment Reports Shows Better Than Expected Job Gains, Accelerating Wages Hiring and pay gains both held steady in March. The ADP National Employment report printed a better than expected +62k jobs added in March (+40k exp) and modestly down from an upwardly revised 66k in February. That is the ninth straight month of job gains. Source: Bloomberg The smallest employers drove job growth for a second month, while hiring in trade, transportation, and utilities continued to decline. "Overall hiring is steady, but job growth continues to favor certain industries, including health care. In March,...
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Mar 17, 2026 / Dave DeCamp
Iran’s Top National Security Official Killed by Israeli Strike
Iran on Tuesday confirmed that Ali Larijani, the head of Iran’s Supreme National Security Council, was killed by an overnight Israeli strike, the most significant Iranian leader to be assassinated since Supreme Leader Ayatollah Ali Khamenei was killed in the opening strikes of the war. “After a lifetime of striving for the elevation of Iran […]
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