Cerebras Plunges To Post-IPO Low On Striking Admission: The US Has A Dire Shortage Of Operating Data Centers

NATO Member Spain Closes Airspace To US Planes Involved In Iran Operations Given worsening US-Spanish relations over Washington's pro-Israel policies, this is a big step which is not entirely surprising - Spain has fully shuttered its airspace to US planes involved in attacks on Iran. This is an action significantly beyond its prior controversial policy to deny US use of jointly-operated military bases, and what has also been a long-running ban on ships transferring arms and ammo to Israel. Morón Air Base Spain's Defense Minister Margarita Robles announced on Monday, "We don't authorize either...

Sequoia Partner Shaun Maguire: SpaceX's New Millionaires Will Fund Pro-America Projects SpaceX's planned IPO next Friday will be a major wealth-creation event for current and former employees, including engineers, technicians, mariners, welders, and other salaried workers who have accumulated equity over the years. Elite liberals who earned unproductive, 'woke' degrees and are drowning in $100,000 or more in student debt, working two jobs, won't be able to stomach that the basic SpaceX welder working on Starship will become an overnight millionaire next Friday. There will be thousands of new millionaires next Friday...

Intel Selling $15 Billion In Stock To Fund AI Boom With AI capital expenditures exploding to $1 trillion this year, the financing mix is beginning to shift from free cash flow and debt toward equity. Among the megacap hyperscalers, Alphabet has been the most aggressive in tapping the equity market (read report), while Microsoft, Amazon, and Meta continue to rely primarily on cash flow, debt, leases, and structured financing. Intel is set to join the broader AI infrastructure complex in tapping equity markets, announcing in a press release Monday morning that...