Foreign Cargo Ship Struck By 'Massive Projectile' Just Off Iraq

Trump Announces US To Cover Insurance For All Ships Traveling Through Gulf, Will Provide US Navy Escorts Update (1440ET): Moments ago President Trump announced that the United States will provide insurance for "ALL Maritime Trade" via the US Development Finance Corporation (DFC), and will provide Navy escorts, "if necessary." Effective IMMEDIATELY, I have ordered the United States Development Finance Corporation (DFC) to provide, at a very reasonable price, political risk insurance and guarantees for the Financial Security of ALL Maritime Trade, especially Energy, traveling through the Gulf. This will be available to all Shipping Lines....

Inside The Major Bill Poised To Reshape The US Housing Market Authored by Andrew Moran via The Epoch Times, The United States may be on track to implement the first comprehensive housing legislation in decades. For the past several years, housing affordability has been a significant subject across the country, with many young people struggling to achieve the dream of homeownership. Lawmakers on both sides of the aisle have tried to reverse the trend by advancing the 21st Century Renewing Opportunity in the American Dream (ROAD) to Housing Act of 2025. Here is a...

The Upcoming AI Spend Slowdown? Submitted by Peter Tchir of Academy Securities We have been attacking this issue orthogonally for the past few weeks. Last weekend’s Cheap China Compute brought up several issues facing the AI Spend. On Thursday we published Braggawatts (which should probably be BragCompute or something), but the concept is that a lot of the announced deals are missing some, or all of the following: Enough electricity, especially at peak usage times, to fulfill their commitments. Access to water and other resources to function. Getting the various chips on time, connected and installed (hearing China is threatening to restrict exports of fiber-optic cables (another, in a long list...