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SaaS Stocks Slammed As ServiceNow Disappoints, Blames MidEast War
SaaS Stocks Slammed As ServiceNow Disappoints, Blames MidEast War
Perhaps indicative of the fragility of the current rebound - as Software stocks have recently ripped higher for 8 straight days - SaaS stocks are all deeply in the red after-hours as ServiceNow - the potential poster-child for AI disruption - cut its margin outlook amid lackluster results, sending shares reeling.
At first glance, it was a good print - the provider of business task management software posted first-quarter adjusted earnings of 97 cents a share, which was in-line with Wall Street...
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Apr 28, 2026 / Tyler Durden
Trump Belatedly Blasts Merz Over Pointed Iran War 'Humiliation' Remarks
Trump Belatedly Blasts Merz Over Pointed Iran War 'Humiliation' Remarks
President Trump on Tuesday belatedly hit back at Chancellor Friedrich Merz after on Monday the German leader told students in a talk that the United States is being “humiliated” by Iranian leaders, amid struggling on-and-off negotiations, and as a crisis in the Strait of Hormuz shows no signs of de-escalating.
Merz had said he didn’t see "what strategic exit the Americans are now choosing" while simultaneously describing that Tehran’s negotiators are proceeding "very skillfully - or indeed very skillfully not negotiating."
The result,...
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May 22, 2026 / Joshua Mawhorter
The Great Reversal: How Social Contract Theory Became State Apologetics
Social contract theory was used to critique a form of the state, but was also used to legitimize the modern nation-state.
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Jun 11, 2026 / Tyler Durden
House Rejects Short-Term Spy Law Extension As GOP Races To Preserve FISA Surveillance Tool Before Friday Deadline
House Rejects Short-Term Spy Law Extension As GOP Races To Preserve FISA Surveillance Tool Before Friday Deadline
Update (1100ET): A key spy law could expire after the House blocked its short-term reauthorization.
The June 11 vote set back an effort to renew Section 702 of the Foreign Intelligence Surveillance Act (FISA).
President Trump’s selection of Bill Pulte as acting director of national intelligence drove Democratic opposition to reauthorizing Section 702. Some Republicans have voiced concerns about how the authority, though targeted at foreigners abroad, enables the incidental warrantless surveillance of Americans.
The White House could...
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