Article
Caterpillar's Parabolic Rise Continues As AI Boom Supercharges Generator Sales
Caterpillar's Parabolic Rise Continues As AI Boom Supercharges Generator Sales
Hyperscalers are deploying as much as $725 billion in capital expenditures this year, primarily on AI data center buildouts, and it comes as no surprise that Caterpillar posted solid first-quarter earnings, as surging on-site power demand has created a boom for the company's power-generation business.
CAT is one of the world's biggest makers of machines used to build, mine, dig, haul, and power industrial sites. But what has investors focused on in recent quarters is its energy and power unit, which...
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Jun 25, 2026 / Tyler Durden
Venezuelan Quake Disaster: 45,000 People Reported Missing On Independent Monitoring Platform
Venezuelan Quake Disaster: 45,000 People Reported Missing On Independent Monitoring Platform
Summary
45,000 Reported Missing On Independent Monitoring Platform
US Phase One Of Humanitarian Response Begins
Buildings collapsed in several districts of Caracas
Venezuela declared a state of emergency after the earthquakes
Secretary of State Marco Rubio Deploys First Responders
Trump Says "U.S.A. stands ready, willing, and able to help"
USGS Says Quakes May Prompt "International Response"
USGS Fears Death Toll Ranging Between 10k - 100k
Spanish-language news outlet UHN Plus reports:
Independent monitoring platforms and missing persons search pages unofficially estimate between 39,000 and 40,000 reports of people unaccounted for following...
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May 18, 2026 / Tyler Durden
Trump Rejects Concessions To Iran As It Refuses Nuclear Handover Amid Rising Threat Of Renewed US Military Action
Trump Rejects Concessions To Iran As It Refuses Nuclear Handover Amid Rising Threat Of Renewed US Military Action
Summary
US denies earlier Tasnim report of agreeing to lift oil sanctions during talks; Trump tells NYP 'not open' to Iran concessions.
Trump calls for Iran's total military surrender in Monday morning Truth Social post.
Oil rebounds on Tasnim reporting Iranian denial: Tehran "under no circumstances" will negotiate nuclear issue as part of an end to the war.
A flurry of (the somewhat typically-timed) Monday opener headlines have pushed oil prices lower, erasing weekend gains, including...
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May 8, 2026 / Tyler Durden
We're "Ending The Days Of Hiding Fraud": Bessent Goes After Dark Money In Nonprofits
We're "Ending The Days Of Hiding Fraud": Bessent Goes After Dark Money In Nonprofits
Authored by Stu Cvrk via American Greatness,
On April 23, the US Treasury Department announced that the IRS plans to revise Form 990—the annual information return filed by tax-exempt organizations—to improve transparency and strengthen oversight, specifically targeting reporting on government contracts, government grants, and fiscal sponsorship arrangements. The stated goals are to detect misconduct and hold wrongdoers accountable.
Treasury Secretary Scott Bessent put the matter bluntly: “We are ending the days of hiding fraud, abuse, and extremist activity behind...
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