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"DeepSeek Of The West" Reflection Inks Major Compute Deal With SpaceXAI
"DeepSeek Of The West" Reflection Inks Major Compute Deal With SpaceXAI
SpaceX shares tumbled for a third straight session, down around 9% late in the U.S. cash morning, after the Elon Musk-led company said it would sell investment-grade bonds for the first time.
However, a new headline crossed around 11:05 a.m. ET via Axios, reporting that Reflection, the Nvidia-backed open-source AI startup, had signed a major compute deal with SpaceXAI.
Under the deal, Reflection will pay SpaceXAI $150 million per month starting next Wednesday, July 1, through 2029, following an initial ramp...
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Apr 13, 2026 / Kyle Anzalone
China to Ignore Trump’s Blockade: The Strait Remains Open to Us
China said it will not comply with the Strait of Hormuz blockade that President Donald Trump imposed on Monday. Beijing explained that it is negotiating with Tehran to transit the waterway and expects other countries not to meddle in its affairs. Beijing is “monitoring the situation in the Middle East. Our ships are moving in […]
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Apr 22, 2026 / Tyler Durden
Nearly 1 In 4 Americans Over 65 Are Still Working
Nearly 1 In 4 Americans Over 65 Are Still Working
For a growing share of Americans, retirement no longer starts at 65.
This map, via Visual Capitalist's Gabriel Cohen, shows where people aged 65 and older are still working across U.S. states, based on 2024 data from the U.S. Census Bureau via FinanceBuzz.
About 22% of Americans 65+ remain in the workforce, but the share climbs to nearly one-third in some states. The gap highlights how cost of living, job availability, and shifting retirement systems are reshaping when—and whether—Americans stop working.
The Workforces With...
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Jun 17, 2026 / Tyler Durden
"Late Spring Buyer Rush": US Pending Home Sales Just Surged By The Most In Almost 2 Years
"Late Spring Buyer Rush": US Pending Home Sales Just Surged By The Most In Almost 2 Years
Pending home sales in the US were expected to rise for the fourth straight month in May and they did with a huge beat (+3.8% MoM vs +0.9% MoM exp - above the highest analysts estimate), which was slightly offset by a downward revision for April (from +1.4% to +0.3%).
That is the best monthly improvement in pending home sales since Sept 2024 and that lifted sales by just over 2% YoY.
“A late spring...
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