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US Lost 24 MQ-9 Reaper Drones in Iran War

The US military has lost around 24 MQ-9 Reaper drones since the US and Israel launched the war against Iran on February 28, CBS News has reported, citing unnamed US officials. MQ-9 Reapers cost at least $30 million each, meaning the US has lost at least $720 million worth of drones. Officials told CBS that […]
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May 19, 2026 / Tyler Durden
Berkshire Trolls The AI Bubble By Buying Macy's
Berkshire Trolls The AI Bubble By Buying Macy's Submitted by QTR's Fringe Finance For the better part of the last year, Wall Street has behaved like a teenager who just discovered Red Bull and leverage at the same time. Anything remotely tied to artificial intelligence has soared into the financial stratosphere. Startups with no revenue, no profits, and occasionally no actual product are raising millions or billions because their founders can say the words “large language model”. Public company CEOs now jam “AI” into earnings calls with the same shamelessness that “trendy” gastropubs have...
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Mar 27, 2026 / Tyler Durden
Senate Passes DHS Funding Bill To End 40-Day Shutdown, Airport Chaos
Senate Passes DHS Funding Bill To End 40-Day Shutdown, Airport Chaos At 2:22 a.m. EST, the Senate unanimously passed a spending bill to fund the Department of Homeland Security after a 40-day shutdown that disrupted airport security and sparked travel chaos for millions of Americans. The bill, which excludes funding for Immigration and Customs Enforcement and Customs and Border Protection, still needs House approval and President Trump's signature. The overnight breakthrough came as airport TSA lines worsened nationwide this week, with TSA agents calling out sick or quitting due to...
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Feb 24, 2026 / Tyler Durden
PayPal Shares Jump Again After "Large Rival" Suitor Revealed As Stripe
PayPal Shares Jump Again After "Large Rival" Suitor Revealed As Stripe Update (1558ET): Bloomberg reports that payment processor Stripe has expressed interest in PayPal, a day after the outlet first reported that a "large rival" suitor was exploring a takeover of the payments platform. Bloomberg: STRIPE IS CONSIDERING AN ACQUISITION OF ALL OR PARTS OF PAYPAL STRIPE HAS EXPRESSED PRELIMINARY INTEREST: SOURCES Before the first Bloomberg report hit, PayPal shares in New York were at 2017 lows (with a market capitalization of around $37 billion) and were down more than 85% from the 2021 high...
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