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Giant Data Center Developer Fermi Crashes 22% After CEO, CFO Abruptly Quit
Giant Data Center Developer Fermi Crashes 22% After CEO, CFO Abruptly Quit
Last November, we warned that storms clouds were gathering over the torrid, and in some cases chaotic, rollout of US data centers, after Fermi's massive 11 GW energy and data center project in Texas, called Project Matador, which the company has envisioned to be the world's largest AI data center and energy campus in the Texas Panhandle, near Amarillo, was struggling to close the deal with its first major data center tenant (and since Fermi is set up as...
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May 24, 2026 / Tyler Durden
Resident Floats Surefire Way Of Getting Potholes And Trash Cleaned Up In Shithole LA...
Resident Floats Surefire Way Of Getting Potholes And Trash Cleaned Up In Shithole LA...
Authored by Steve Watson via Modernity.news,
Los Angeles residents have had enough of living in a crumbling, graffiti-covered wasteland where basic services have collapsed under years of Democrat mismanagement.
In a display of pure ingenuity, citizens are fighting back by tagging over blighted areas with "Vote Pratt," betting that Mayor Karen Bass will rush to erase any sign of support for her political rival far faster than she addresses the endless decay.
This clever workaround shines a harsh light...
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Jun 21, 2026 / Tyler Durden
The Market Is Carrying More Length & More Leverage: Goldman Flows Guru Warns... Expect More Volatilit
The Market Is Carrying More Length & More Leverage: Goldman Flows Guru Warns... Expect More Volatilit
The biggest discussion that top Goldman Sachs trader (and flows guru), Lee Coppersmith, had with clients this week wasn’t whether AI is over - it wasn’t.
The debate has shifted to how investors should own it from here.
If anything, the secular backdrop across both the US and Asia continues to strengthen. Capex expectations remain robust, earnings revisions continue to move higher, and we saw another week of significant inflows into US technology.
Prime Brokerage data tells...
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Oct 20, 2026 / Tyler Durden
Amid 'Compromise' Chaos, Analyst Sees 90% Chance Of Iran War Round 3 As Hegseth Makes 'Secretive' Israel Visit
Amid 'Compromise' Chaos, Analyst Sees 90% Chance Of Iran War Round 3 As Hegseth Makes 'Secretive' Israel Visit
The Monday surprise visit of US Secretary of War Pete Hegseth to Israel where he met with Prime Minister Benjamin Netanyahu has set off an avalanche of speculation regarding the likelihood of another major round of fighting in the Iran war.
The trip has been presented by Axios as happening under some degree of secrecy, with talks having taken place at the Ovda Air Base in southern Israel, which plays host to US refueling planes and...
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