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Aug 16, 2026 / Tyler Durden
'Delusional': Iran Fires Back At Trump's Make 'Hormuz Strait A Territory Of The US' Ambitions
'Delusional': Iran Fires Back At Trump's Make 'Hormuz Strait A Territory Of The US' Ambitions Predictably, Iran has on Saturday issued a full-throated rejection of President Trump's Friday evening words related to the status on the conflict and energy transit in the region. In a speech on New York's Long Island, Trump introduced the idea of declaring the Strait of Hormuz a US territory. "After we finish defeating Iran, which is being very badly defeated — pretty soon, I'll be declaring the Hormuz Strait a territory of the United States," Trump...
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Aug 13, 2026 / Tyler Durden
StubHub Shares Plunge As Weak Outlook Fuels Fears World Cup Pulled Spending Forward
StubHub Shares Plunge As Weak Outlook Fuels Fears World Cup Pulled Spending Forward StubHub shares plunged 20% in premarket trading as uncertainty surrounding its second-half outlook fueled concerns that World Cup demand temporarily pulled forward discretionary spending on entertainment and events. ..back near four month lows... StubHub's second-quarter results were mixed. Revenue climbed 33% to $573.1 million, beating the $513.3 million Bloomberg consensus estimate, while adjusted EBITDA of $105.7 million also topped expectations. Earnings per share were flat, missing the 9-cent consensus estimate. 2Q26 Earnings Snapshot: Adjusted EBITDA: $105.7 million; estimate: $101.7 million EPS: $0;...
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Jun 1, 2026 / Tyler Durden
Florida Becomes First State To Sue "Unsafe" OpenAI And Sam Altman Over AI Harms
Florida Becomes First State To Sue "Unsafe" OpenAI And Sam Altman Over AI Harms OpenAI no longer has to worry about being last in the AI IPO race and lagging ARRs when compared to Anthropic, not to mention a potential Supreme Court showdown against Elon Musk (pending appeal). Earlier today, Florida became the first state to file a lawsuit against OpenAI and its chief executive, Sam Altman, launching a new broadside in a growing rebellion against the alleged safety failings of artificial-intelligence chatbots.  The lawsuit, filed Monday by Florida Attorney General...
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