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Saudi Arabia Secretly Launched Attacks On Iran At Height Of Epic Fury
Saudi Arabia Secretly Launched Attacks On Iran At Height Of Epic Fury
First it was revealed this week that UAE had directly attacked Iran in retaliatory strikes earlier in Operation Epic Fury, and now it has come to light that the Saudis did the same, and in multiple strike operations.
Reuters reports Tuesday that "Saudi Arabia launched numerous, unpublicized strikes on Iran in retaliation for attacks carried out in the kingdom during the Middle East war, two Western officials briefed on the matter, and two Iranian officials said."
KSA military file image
"The Saudi attacks,...
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Apr 26, 2026 / Kyle Anzalone
Israel Sent Troops, Iron Dome to UAE in First Days of War Against Iran
Israel sent Iron Dome air defenses to the UAE to help Dubai shoot down Iranian drones. Tehran targeted Gulf states allied with the US in response to Washington and Tehran starting an unprovoked war. Axios reported speaking with two Israeli and one US official who confirmed that an Iron Dome system, with IDF troops to […]
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Aug 26, 2026 / Tyler Durden
SoftBank Credit Risk Rises As Firm Mulls $20 Billion Bond Sale For OpenAI Stake
SoftBank Credit Risk Rises As Firm Mulls $20 Billion Bond Sale For OpenAI Stake
SoftBank Group's 8.5% notes due 2036 fell as much as 2.5 cents to about 98 cents on the dollar after Bloomberg reported that Masayoshi Son's conglomerate is considering a $10 billion to $20 billion bond offering, prompting traders to price in additional leverage and supply risk as the investment firm plans to refinance the massive bridge loan backing its OpenAI investment.
Sources familiar with SoftBank's plans said the potential bond offering could be denominated in dollars and...
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Oct 14, 2026 / Tyler Durden
Dowd: "Investment Bubbles Are A Feature Of Capitalism, Not A Bug"
Dowd: "Investment Bubbles Are A Feature Of Capitalism, Not A Bug"
Authored by Ed Dowd via Ed Dowd's Beyond The Narrative Substack,
On Friday October 9th Bloomberg published an article titled "Jeffries' Chris Wood Sees 'Massive Capital Destruction' in AI." His view is that the most likely long-term outcome of the AI boom is massive capital destruction in the US, with market share shifting to cheaper open-source Chinese models. Wood has mostly got it right in my opinion except for two differences. My first difference is that Chinese models are not...
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