Why Justice Mattered to Rothbard

O-I Glass Plunges As Gulf Energy Shock Hits Earnings Outlook Glass bottle and jar company O-I Glass plunged the most in premarket trading in more than six years after it slashed its full-year adjusted EPS outlook, blaming higher energy costs tied to the Gulf-related energy shock. The major glass-container manufacturer, producing bottles and jars for the beer, wine, spirits, beverage, and food-packaging markets, now expects adjusted EPS of $1.00 to $1.50, down sharply from its prior forecast of $1.65 to $1.90 and well below the $1.67 Bloomberg Consensus estimate.  Slide 8 detailed...

Not 'The Onion': Harper's Magazine To Honor NPR CEO Katherine Maher With First Amendment Award Authored by Jonathan Turley via JonathanTurley.org, Harper's Magazine appears to be competing with The Onion in satire this week. It is awarding its First Amendment prize to NPR CEO Katherine Maher. It is akin to awarding a Second Amendment prize to Gavin Newsom. Maher has long been the very symbol of advocacy journalism and bias. Ironically, she is being given an award after steering NPR into the rocks to keep her job and its ideological bias. Many...

Three Key Constraints That Could Derail The Data Center Buildout Story The data center investment macro story centers on hyperscalers such as Microsoft, Alphabet, Meta, and Amazon Web Services, whose massive cloud computing services are becoming the backbone for AI workloads, including ChatGPT and others. However, as we've previously noted, the data center buildout has run into supply-chain snarls, including memory chip shortages, power-grid constraints, and even a shortage of turbine blades for natural-gas generators. The data center boom powering the AI revolution is certaintly impressive to watch unfold, but it...