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Leaked Meta Memo Shows AI Capacity Doubling To 14 Gigawatts
Leaked Meta Memo Shows AI Capacity Doubling To 14 Gigawatts
Meta shares fell 4.3% at Thursday's open after Reuters reported the contents of an internal memo laying out the next phase of the company's AI infrastructure program.
The stock has clawed back part of the loss through the morning but stayed solidly red while the tape digested the same question it has been chewing on for nine days: is Meta the hyperscaler that just started exercising capex discipline, or the one that just committed to doubling?
Three things to note from today's...
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Aug 6, 2026 / Tyler Durden
This Is The Income Needed To Be 'Happy' Around The World
This Is The Income Needed To Be 'Happy' Around The World
In most countries, the average worker still earns less than the income researchers associate with peak reported well-being.
Research on income and well-being has identified a “satiation point,” an income level beyond which additional earnings no longer improve reported happiness. But how close does the average worker come to reaching that threshold?
An analysis from Remitly calculated the price of happiness in economies around the world and compared it with average local wages.
This graphic, via Visual Capitalist's Niccolo Conte, ranks the 50 countries...
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Aug 4, 2026 / Tyler Durden
Five Killed In Latest Ukrainian Drone Strike On Moscow As Civilian Death Toll Climbs
Five Killed In Latest Ukrainian Drone Strike On Moscow As Civilian Death Toll Climbs
Ukraine has continued to conduct long-range drone strikes focused on the Moscow region, deep inside Russian territory. Zelensky has touted that he is ramping up the military pressure on Russia, and will force it to the negotiating table to end the war "by winter".
The latest overnight strikes killed at least five people and injured ten when a drone hit an industrial zone near Moscow. Several fires erupted in the aftermath of the attack on the Novoselki industrial...
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Jun 18, 2026 / Tyler Durden
Multiple Polls Show Warning Signs For Democrats In Upcoming Midterms
Multiple Polls Show Warning Signs For Democrats In Upcoming Midterms
Democrats have spent months telling anyone who will listen that the midterms are theirs to lose. With President Donald Trump's approval rating in the basement and conditions supposedly ripe for a blue wave, the party is feeling confident it can win both the House and the Senate in November. Polls do seem to suggest they have momentum, but a closer look at the numbers tells a very different story, and the wave that Democrats are banking on may not be...
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