From "Don't Be Evil" To Drone King: Eric Schmidt's Interceptors Deployed With U.S. Troops

US New Home Sales Rise For First Time In 3 Months As Prices Near 5-Year Lows With Case-Shiller reporting existing home price declines in half of America's largest cities, and despite a weaker homebuilder confidence print, New Home Sales were expected to rebound from April and May's ugly declines... and they did, but only very modestly. New home sales rose 1.6% MoM (+4.8% MoM exp) marking the first rise in three months, but May's 7.3% MoM decline was revised up to a mere 4.3% MoM decline. However, this bounce was not enough to get annual...

Bitdeer Lands $4.7B Norway Lease With a16z-, Nvidia- And Dell-Backed Volta Bitdeer Technologies Group (NASDAQ: BTDR) announced Aug. 4 that it has executed a 16-year colocation lease and services agreement for 121 IT megawatts at its Tydal, Norway campus, representing roughly $4.7 billion in contracted payments, with a renewal option that takes the potential total to $8.0 billion over 24 years. The announcement sent shares about 14% higher premarket. The tenant is Volta Tydal AS, a subsidiary of Volta Infra Holdings, an AI infrastructure platform that emerged the same morning with...

From Civilian To Military Economy: This Is What A Declining Empire's Economy Looks Like Authored by Bryan Lutz via DollarCollapse.com, “A government always finds itself obliged to resort to inflationary measures when it cannot negotiate loans and dare not levy taxes, because it has reason to fear that it will forfeit approval of the policy it is following if it reveals too soon the financial and general economic consequences of that policy.” ~ Ludwig von Mises, The Theory of Money and Credit (1912) Empires don’t announce their decline. They reveal it in the data… And...