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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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Feb 26, 2026 / Tyler Durden
Fed Independence Is Sacred... Or So We've Been Told
Fed Independence Is Sacred... Or So We've Been Told
Authored by Richard Roberts via RealClearMarkets.com,
For the better part of a year, many had become convinced that the Federal Reserve's independence was in its final days.
The narrative rested on two prongs.
First, an FOMC browbeaten by relentless public attacks, threats of removal, and a Justice Department criminal probe into Chair Jerome Powell. The pressure, many argued, had grown so intense that Fed decisions would no longer be trusted to reflect economics rather than politics.
Second, a new chair expected to arrive in May...
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Apr 10, 2026 / Tyler Durden
US Draft Registration Becomes 'Automatic' By Year-End: A Detailed Breakdown
US Draft Registration Becomes 'Automatic' By Year-End: A Detailed Breakdown
Authored by Edward Hasbrouck via AntiWar.com,
On March 30th, the Selective Service System (SSS) sent the White House its proposed regulations for "automatic" [sic] draft registration for review and approval before they are made public. This is the first visible step in the transition from trying to get young men to sign themselves up for a military draft, to trying to sign them up “automatically” by aggregating data requisitioned from other Federal agencies.
This year-long process began with the enactment of the SSS proposal for “automatic” registration in December 2025....
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Jun 6, 2026 / Tyler Durden
Trump Says US Weighing Taking Stakes In AI Companies
Trump Says US Weighing Taking Stakes In AI Companies
Authored by Jacob Burg via The Epoch Times,
President Donald Trump told reporters on June 5 that his administration is exploring the possibility of the United States acquiring a public stake in artificial intelligence (AI) companies.
Trump made the comment in response to a question about a recent News of the United States report, which suggested that unnamed senior U.S. officials had discussed with major AI firms the possibility of the federal government holding some shares in their companies.
“There’s so much money that...
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