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JPM Says US Defense Base Faces 'Evolve Or Die' Moment As Warfare Forever Changes
JPM Says US Defense Base Faces 'Evolve Or Die' Moment As Warfare Forever Changes
For several quarters, we have described the Trump administration's massive push to reshape the military-industrial complex, from DOGE-driven efforts inside the Department of War to reset the procurement process, to a broader pivot toward fast-moving "war unicorns," like Anduril, rather than bloated legacy defense primes.
The urgency of that transition is now capturing Wall Street's attention. JPMorgan analysts frame it as a major inflection point: America's defense industrial base must shift away from slow-moving, costly production...
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Apr 16, 2026 / Tyler Durden
Mises, Rothbard, & Libertarian 'Just War' Theory In The 2026 Iran War
Mises, Rothbard, & Libertarian 'Just War' Theory In The 2026 Iran War
Authored by Daniel Lacalle,
As of April 2026, the US and Israel are still at war with Iran. The war began on February 28 with surprise bombings that killed Supreme Leader Ali Khamenei and other high-ranking officials. Since then, attacks on infrastructure have continued, leading to significant disruptions in essential services and escalating tensions in the region. Iran has attacked targets in Gulf nations and tightened its grip on the Strait of Hormuz as a result.
The conflict has damaged the economy around the...
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Apr 29, 2026 / Tyler Durden
Alphabet Surges After-Hours On Record Search Queries, Backlog Builds
Alphabet Surges After-Hours On Record Search Queries, Backlog Builds
Google shares are rallying after hours as parent Alphabet's first-quarter earnings report showed strong revenue growth in cloud computing and internet search ads, helping investors look past slowing profits amid huge AI spend.
Earnings per share were $5.11, well ahead of Wall Street's consensus estimate of $2.63, and up from $2.81 last year.
Revenue for the quarter reached $110 billion, more than expectations of $107 billion, and up 22% on the year.
The most closely watched line in Google's reporting is its cloud unit...
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May 1, 2026 / Tyler Durden
Trump Says Spirit Airlines Rescue Still In Review, Final Proposal Coming
Trump Says Spirit Airlines Rescue Still In Review, Final Proposal Coming
Summary:
Trump says Spirit received the final proposal for the lifeline deal
WSJ reported that bankrupt Spirit Airlines was preparing to shutter operations
President Trump comments on Spirit Airlines:
TRUMP: GAVE SPIRIT FINAL PROPOSAL
TRUMP SAYS US STILL LOOKING AT SPIRIT, WILL GIVE FINAL PROPOSAL
TRUMP SAYS TRYING TO HELP SPIRIT, CITING JOBS
TRUMP SAYS WILL HAVE SOMETHING ON SPIRIT TODAY OR TOMORROW
WSJ Reports Spirit Airlines Prepares To Shutter Operations
The Wall Street Journal reports that bankrupt Spirit Airlines is preparing to wind down operations after failing to...
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