The Trans Delusion: A Philosophical Nail In Its Coffin

MSFT Spikes After Leaving CapEx Outlook Unchanged Update (1800ET): As this evening's conference call went on, we finally got to the meat of the matter as Microsoft kept its CapEx forecast unchanged on Wednesday, ...becoming one of the first hyperscalers to hold the line on the market's insatiable AI spending spree. Against expectations to spend $190 billion on capital expenditures this calendar year, Microsoft tonight maintained this spending outlook (due to an accounting change, this CapEx guidance is now $175 billion, but, in reality, Microsoft is keeping its AI capex plan the same...

Palantir Develops IRS Tool To Flag "Highest Value" Audits, Are Crypto Bros Next? Crypto bros and those of you with 'creative' accountants, heads up - the IRS is beefing up its ability to flag accounts for audits. Not only is this the first year that major US-based custodial crypto brokers are reporting gross proceeds to the agency, the IRS is getting aggressive elsewhere. Last year they paid Palantir $1.8 million to identify cases for audits, collections, and potential criminal investigations with a high probability of success. The contract was the latest...

With its new ruling in Trump v. Cook, the Supreme Court demonstrates it does not understand central banking or the Fed. Clarence Thomas, however, saw through the Fed's lies.