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Did META Just Hint At Cracks In the AI CapEx Boom?
Did META Just Hint At Cracks In the AI CapEx Boom?
If you're wondering why the Nasdaq is suddenly tumbling this morning, wonder no more...
Nasdaq moves lower after Meta announces it is to build a cloud business to sell its excess AI compute, weighing on cloud peers like AMZN, ORCL, MSFT and chip and memory names like NVDA, MU, INTO. As Bloomberg reports:
Meta, which has been rushing to secure expensive data centers and other infrastructure to fuel its own artificial intelligence ambitions, is forming a business to generate revenue from...
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Apr 2, 2026 / Tyler Durden
Allegations Of Pentagon "Casualty Cover-Up": The Intercept
Allegations Of Pentagon "Casualty Cover-Up": The Intercept
Well-known national security news site The Intercept has issued fresh reporting which alleges a Pentagon cover-up when it comes to mounting US casualties from Trump's Operation Epic Fury. Speculation and questions have lately surged among the public and analysts given that casualty updates put out by the Pentagon have been very few and far between. It actually accuses the Pentagon of shoddy record-keeping going back significantly before the current Iran war.
Currently the official numbers... "Since the start of Operation Epic Fury, approximately 303 US service...
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Jun 8, 2026 / Tyler Durden
Key Events This Week: All Eyes On The First CPI Print Over 4% In 3 Years
Key Events This Week: All Eyes On The First CPI Print Over 4% In 3 Years
Before we look at the Fed, let's take another quick look at the rollercoaster of the past trading session: a hawkish Fed repricing after the payrolls report triggered a sharp US equity sell-off on Friday with the S&P 500 falling -2.64% (2.59% on the week), its worst day of the year so far, snapping a run of nine consecutive weekly gains. Tech led the declines, not helped by Broadcom’s softer earnings earlier in the...
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Apr 2, 2026 / Tyler Durden
CEO Of Largest Public Hospital System Says He's Ready To Replace Radiologists With AI
CEO Of Largest Public Hospital System Says He's Ready To Replace Radiologists With AI
By Marty Stempniak of Radiology Business,
The chief executive of America’s largest public hospital system says he is prepared to start replacing radiologists with artificial intelligence in some circumstances, once the regulatory landscape catches up.
Mitchell H. Katz, MD, president and CEO of NYC Health + Hospitals, recently spoke during a panel discussion held by Crain’s New York Business. The trained internal medicine specialist noted how AI is increasingly being used to interpret mammograms and X-rays.
This presents an...
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