AI Startup Says It Will Pay People $2,000 A Month to Masturbate... Yes, Really

Jane Street Made A Record $40 Billion In Trading Revenue Last Year, More Than All Wall Street Banks The 10am slam in bitcoin, which we documented virtually every days since 2024 may have ended once Jane Street got busted for insider trading in the Terraform collapse, but that doesn't mean that the Wall Street HFT trading giant slowed down. On the contrary: according to Bloomberg, Jane Street Group reeled in a Wall Street record $39.6 billion of trading revenue last year, more than any Wall Street bank. According to the report,...

Abbott Orders Pause On Texas Data Center Approvals Pending Audit Texas Governor Greg Abbott just ordered a pause on approving new data center projects via the state's grid interconnection process over concerns that a surge in electricity demand could threaten reliability amid growing opposition to the projects.  The timing couldn't be worse - as Texas is on the cusp of becoming one of the world's largest hubs for data-centers, with Reuters citing industry forecasts that it could surpass Virginia by 2030 thanks to abundant land, energy, and a business-friendly environment.  In a letter to the Public Utility Commission of...

From Market Economist To Military Strategist By Peter Tchir of Academy Securities Technically I’m not an economist, I just play one on TV (CNBC and Bloomberg TV from last Monday). While I am not a military strategist, everyone in the market and corporate America is being forced to be one, to some extent. Academy is in a unique position to offer unbiased, nonpolitical assessments of the conflict with our Geopolitical Intelligence Group (“GIG”). I’ve lost track of how many conversations I’ve had with our retired Generals, Admirals, and Intelligence officers this past...