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Tech Bros Aim To Sidestep Local Resistance By Installing Mini Data Centers In Homes

Tech Bros Aim To Sidestep Local Resistance By Installing Mini Data Centers In Homes California-based startup Span has developed XFRA, a distributed AI-compute network that turns unused electrical capacity in residential homes and small businesses into miniature data centers.   It may be one of the more ingenious workarounds yet from tech bros, as traditional data-center buildouts are increasingly delayed or canceled, not only because of permitting bottlenecks and grid constraints, but also because of rising local opposition. Across parts of the country, ordinary folks are watching power bills surge, while AI...
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Jun 5, 2026 / Tyler Durden
Lululemon Bear Market Deepens After Guidance Cut Spooks Wall Street
Lululemon Bear Market Deepens After Guidance Cut Spooks Wall Street Lululemon tumbled in New York premarket trading as its multi-year bear market deepened, with shares on track to revisit levels last seen since 2018 after a guidance cut.  The struggling athleticwear company now expects full-year revenue of $11 billion to $11.15 billion, below the Bloomberg Consensus estimate of $11.49 billion, while its second-quarter sales and profit forecasts also missed the mark. Full Year Forecast (courtesy of Bloomberg): Sees net revenue $11 billion to $11.15 billion, saw $11.35 billion to $11.5 billion, estimates...
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Jun 24, 2026 / Tyler Durden
Uh-Oh, Silver!
Uh-Oh, Silver! Authored by Adam Sharp via DailyReckoning.com, One year ago, silver was trading at around $36 per ounce. Today the price is around $60. Normally, that’d be considered a win. But over those 12 months, we silver bugs have been on a wild ride. Simply incredible price action. From $36 to $119 in about 8 months. And now back down to $66. I believe the silver bull market still has years to run. Maybe even another decade. Today, let’s explore why. +$16 Since 1980? Silver first reached $50 way back in 1980. Of course, silver’s miraculous 1971-1980...
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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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