Did META Just Hint At Cracks In the AI CapEx Boom?

It appears the main topic of discussion at Wednesday’s meeting between Donald Trump and Bibi Netanyahu was Iran’s ballistic missile program. It really was not a discussion… Instead it was Bibi, with his advisers, trying to sell Trump and his team on the necessity of ending Iran’s ballistic missile capability. Why the emphasis on those […]

Bill Gates Tells Congress That Epstein Exploited Knowledge Of His Adultery Microsoft founder and mega-billionaire philanthropist Bill Gates told Congress that Jeffrey Epstein exploited knowledge of Gates' multiple marital infidelities. Gates insists, however, that he committed no crimes and that the women he had adulterous sexual relations with were not associated with Epstein. Nonetheless, Gates' highlighting of Epstein's leveraging of Gates' sexual secrets fans suspicions that he sought to exploit similar secrets of other powerful people.  "I never witnessed nor had any indication that Epstein was engaged in ongoing criminal conduct....

Renter Nation Returns? Massive Jump In Multi-Family Unit Starts Despite Builder Sentiment Slump US Housing Starts exploded higher by 19% MoM in June, dramatically more than the already large 11.2% MoM expectation and rebounding from the prior two ugly monthly declines. This was the biggest monthly increase in Starts since May 2023. On the other side, the more forward-looking Building Permits declined for a second straight month... This shouldn't be a total surprise after yesterday's decline in builder sentiment (confidence among US homebuilders dropped for a second month to the lowest level of...