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Kamikaze Drone Maker Raises $320 Million In U.S. IPO As 'War Unicorns' Rise
Kamikaze Drone Maker Raises $320 Million In U.S. IPO As 'War Unicorns' Rise
The rise of "war unicorns" will be an impressive development to watch over the next several years, as we've diligently laid out for readers for months, well before the U.S.-Iran conflict, how a massive government push and in capital markets would begin to prioritize the next generation of defense-tech firms rather than big, bloated legacy defense contractors.
Aevex, a military drone maker backed by Madison Dearborn Partners, is the latest example of capital markets getting excited about war...
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May 15, 2026 / Tyler Durden
Britain Is Now Policing Thought Crime
Britain Is Now Policing Thought Crime
Authored by Ciaran Kelly via DailySceptic.org,
If you want a snapshot of how far Britain has drifted from its liberal inheritance, consider the spectacle of a 78 year-old grandfather and retired pastor being warned by police that he must not preach from the Bible within a public area. His offence was not harassment, obstruction or intimidation. It was reciting and commentating on a verse many learned as children: “For God so loved the world…”
Clive Johnston’s alleged crime was breaching a ‘buffer zone’ around a hospital which...
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Aug 18, 2026 / Tyler Durden
As Japanese Bond Yields Soar, Unrealized Losses At Life Insurers Hit $200 Billion
As Japanese Bond Yields Soar, Unrealized Losses At Life Insurers Hit $200 Billion
With Japanese bonds in freefall every day, pushing yields on 10Y JGBs to a 3 decade high, just shy of 3%...
... the time to pay the piper is fast approaching as unrealized losses on domestic bonds at Japan's major life insurers have soared to 30.86 trillion yen ($194 billion) as of the end of June, up 60% year-on-year, and trillions more since then, revealing the downside of the rising interest rates that have lifted investment income.
The total...
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Jun 29, 2026 / Tyler Durden
Did The World Cup Just Start A War In Europe Over Air Conditioning?
Did The World Cup Just Start A War In Europe Over Air Conditioning?
The World Cup has triggered one of the most surprising global cultural awakenings in decades and almost no one saw it coming. The establishment media had been running negative propaganda for months, claiming that the event was going to be a disaster because it was being held in the US. The machine had already decided that the World Cup in 2026 was going to be sold as a disaster from start to finish.
Rumors were spinning...
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