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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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May 12, 2026 / Tyler Durden
SpaceX, Google Eye Orbital Data Centers As Small-Town Resistance Grows
SpaceX, Google Eye Orbital Data Centers As Small-Town Resistance Grows
With roughly half of planned U.S. data center buildouts this year expected to be delayed or canceled amid mounting power constraints and local opposition, tech bros are increasingly looking beyond Earth and toward space for the next phase of compute expansion.
This dovetails with one of our most investable themes, "Data Centers In Space Are Coming: Here's How To Profit," in which we outlined how SpaceX, leveraging Starship's affordable launch costs and the Starlink network, could make it commercially viable...
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May 12, 2026 / Tyler Durden
"Chicom Among Us": Maryland GOP Lawmakers Sound Alarm Over Chinese-Born Delegate's AI Disclosure Bill
"Chicom Among Us": Maryland GOP Lawmakers Sound Alarm Over Chinese-Born Delegate's AI Disclosure Bill
Rooting out Chinese communist spies appears to be moving higher on the agenda at the U.S. Justice Department, with Acting Attorney General Todd Blanche now at the helm.
On Monday, the DoJ indicted Arcadia, California, Mayor Eileen Wang for working with the Chinese government. The larger concern is that Chinese communists have penetrated deeply into many levels of the U.S. government, as well as corporate America.
Spies are like cockroaches: if there's one, there are likely many more.
You...
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Jun 1, 2026 / Kyle Anzalone
Trump Blames ‘Unpatriotic’ Republicans for Making It Difficult to Negotiate with Iran
President Donald Trump said that “Dumocrats” and “unpatriotic Republicans” are harming his negotiating position with Iran. “Iran really wants to make a deal, and it will be a good one for the U.S.A. and those that are with us,” the President wrote on Truth Social Monday. “But don’t the Dumocrats, and various seemingly unpatriotic Republicans, […]
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