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Big Blew It! IBM Crashes Most Since '60s Amid CapEx Woes; Goldman Warns Over 'Software Bear Case'
Big Blew It! IBM Crashes Most Since '60s Amid CapEx Woes; Goldman Warns Over 'Software Bear Case'
Summary:
Wall Street Desks Stunned
IBM Shares Crash Most On Record, Exceeding Dot Com & 1987 Crashes
CEO Arvind Krishna Blamed Preliminary 2Q Results on "Shifting" Customer CapEx Spending
IBM's surprise second-quarter warning blindsided traders Tuesday morning, raising new concerns that enterprise technology budgets are being redirected toward AI infrastructure at the expense of traditional software and IT services.
Shares plunged 24% in the first 20 minutes of New York trading. Should those losses hold through the...
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May 1, 2026 / Tyler Durden
Hawaii Has America's Highest Life Expectancy, West Virginia The Lowest
Hawaii Has America's Highest Life Expectancy, West Virginia The Lowest
Life expectancy varies widely across the U.S., with clear regional patterns emerging in the latest data.
States in the Northeast and on the West Coast tend to have higher life expectancies, while many in the South and Appalachia rank lower.
This map, via Visual Capitalist's Niccolo Conte, shows these differences using data from the CDC’s National Center for Health Statistics, based on 2022 life tables published in December 2025, the latest publicly available state-level figures as of March 2026.
The CDC’s report uses period...
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Jul 8, 2026 / Ludwig von Mises
Chapter 2: Liberal Economic Policy
The economic case for private property and the free market, including the impracticability of socialism, the failures of interventionism, and the problems of cartels, monopoly, and bureaucracy.
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May 25, 2026 / Tyler Durden
OnlyFans "Hack" Hoax Likely Used To Push Malware-Laced Leak Checkers
OnlyFans "Hack" Hoax Likely Used To Push Malware-Laced Leak Checkers
A cyber threat actor advertised a purported database of 340 million OnlyFans-linked user records on a well-known cybercrime forum, asking for 0.313 BTC, or roughly $76,000, according to U.K.-based cybersecurity news site HackRead.
The alleged "340 million OnlyFans user mega leak" narrative ran rampant on X this past holiday weekend, garnering millions of views from several accounts, which were described as nothing more than an engagement trap.
HackRead pointed out that "conversations with the seller and a review of sample data suggest...
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