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"Existential Fight For Survival": MSFT May Nuke Green Data Center Climate Pledge
"Existential Fight For Survival": MSFT May Nuke Green Data Center Climate Pledge
One week ago, Microsoft expected roughly $190 billion in AI data center spending for this fiscal year, highlighting the massive scale of the hyperscaler capex cycle as Big Tech races to build out compute infrastructure. Across the tech space, hyperscalers are expected to spend nearly $700 billion in capex this year alone.
The incredible amount of capex being deployed this year has forced some tech giants to slash headcount and trim operating costs to free up capital for data...
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Jun 8, 2026 / Tyler Durden
Netanyahu Confirms Israel 'Holding Fire, For Now' - Rejects Iran Red Line To Not Attack Lebanon
May 10, 2026 / Tyler Durden
Housing Market's Crucial "Spring Selling Season" Is In Tatters
Housing Market's Crucial "Spring Selling Season" Is In Tatters
Authored by Wolf Richter via Wolf Street,
Late last year and early this year, the story was that dropping mortgage rates, powered by big rate cuts from the Fed, would unleash demand in the housing market in the spring – the key spring selling season – and that sales volume would take off and that Realtors’ commissions would rocket to the moon.
And so that didn’t happen. Inflation has been reheating for months before the war and before the energy price spike. The...
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May 11, 2026 / Dave DeCamp
At Least Two Palestinians Killed in Gaza as Israel Continues Daily Attacks
Israeli forces killed at least two Palestinians in Gaza on Monday, according to the Palestinian news agency WAFA, as the IDF continues its daily attacks and constant violations of the US-backed ceasefire deal. WAFA reported that one Palestinian was killed by Israeli army fire in the Zeitoun neighborhood of Gaza City and another was killed […]
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