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Lights Out For Sleep Number, Shares Crash On Potential Bankruptcy Filing
Lights Out For Sleep Number, Shares Crash On Potential Bankruptcy Filing
Sleep Number Corporation shares crashed after multiple outlets, including The Wall Street Journal and Bloomberg, reported that the mattress and bedding retailer is preparing to file for Chapter 11 bankruptcy.
WSJ said that Sleep Number is "expected to use the Chapter 11 process to restructure its balance sheet while continuing operations. The reorganization could also include a potential sale of the business."
As of late 2024, Sleep Number had 640 retail stores across the US, with a footprint actively shrinking in...
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Jun 9, 2026 / Dave DeCamp
Iran Holds Funeral for Two Air Defense Personnel Killed by Israeli Attack
Iranians on Tuesday held a funeral in Tehran for two Iranian military air defense personnel who were killed by Israeli strikes earlier this week as the region remains on the brink of full-scale war. Iran’s PressTV identified the slain Iranian soldiers as Bahman Hosseini and Alireza Abiri and said that the funeral ceremony was held […]
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Jun 23, 2026 / Tyler Durden
The Next Commodity Supercycle Has Already Started
The Next Commodity Supercycle Has Already Started
Authored by Chris Macintosh via InternationalMan.com,
The world rotates between two sectors: technology and energy.
You have to turn the lights on or nothing happens. You need both the lights and the energy to power them. No lights, only energy? Nothing. Lights with no energy? Nothing.
Essentially you have to innovate or you never progress. Markets tend to rotate between those two broad sectors accordingly.
Go back to the height of the energy boom in 2013 and 2014. You couldn’t give Microsoft away. Energy, on the other...
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Jun 4, 2026 / Tyler Durden
Heavily Shorted Rumble Soars After Landing "Largest Customer Commitment To Date" In $270M AI Cloud Deal
Heavily Shorted Rumble Soars After Landing "Largest Customer Commitment To Date" In $270M AI Cloud Deal
Shares of the free-speech video platform and cloud-services company Rumble soared in premarket trading after it announced in an 8-K filing that it had signed a multi-year, $270 million deal with a third-party cloud customer for dedicated GPU cloud capacity powered by Nvidia Blackwell B300 systems.
The deal, announced Thursday morning, is Rumble's largest customer commitment to date and signals the video platform's push deeper into AI infrastructure and cloud computing services.
"Rumble entered into a...
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