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Senators Unveil Sweeping Russia Sanctions Bill To ‘Honor’ Lindsey Graham
A group of senators on Tuesday unveiled a sweeping Russia sanctions bill and urged its passing to “honor” Senator Lindsey Graham, who died over the weekend after a visit to Ukraine, where he announced that the White House and Congress reached an agreement to advance the legislation. “It is truly a tribute to Senator Graham […]
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Aug 13, 2026 / Tyler Durden
SpaceX Surges Following First Lockup Expiry After Musk Taunts Shorts
SpaceX Surges Following First Lockup Expiry After Musk Taunts Shorts
SpaceX shares have jumped 35% over five sessions and 22% since Elon Musk responded to our X post on the "massive SPCX shorting," which cited S3 data. He said, "I try to warn them, but they just double down ..."
The post-earnings squeeze has pushed SPCX well above its $135 initial public offering price, easing concerns that future lockup expirations could overwhelm demand, which was certainly the talk of the town across institutional desks and on CNBC.
About 911.5 million shares...
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Aug 16, 2026 / Tyler Durden
Apple Trains Custom AI Model For China With Alibaba's Help
Apple Trains Custom AI Model For China With Alibaba's Help
Apple has trained a custom large language model specifically for the Chinese market, utilizing technical support from Alibaba Group, according to Reuters.
Chinese flags hang from a lamp post in front of an Apple Inc. store in Shanghai. Photographer: Qilai Shen/Bloomberg
This arrangement would make Apple the first foreign company cleared by Beijing to offer a proprietary AI model in China.
The custom model is expected to power portions of Apple Intelligence when the AI suite rolls out to mainland China via an upcoming iOS...
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Aug 14, 2026 / Tyler Durden
Decommissioning Spending In UK North Sea Hits Record High
Decommissioning Spending In UK North Sea Hits Record High
Authored by Michael Kern via OilPrice.com,
Decommissioning remained a major activity across the UK North Sea in 2025, with industry spending hitting a record-high of £2.6 billion, or $3.5 billion, the North Sea industry regulator said in a report on Thursday.
Well-decommissioning remains the single largest component of forecast decommissioning expenditure on the UK Continental Shelf (UKCS), accounting for around half of expected costs to 2032, the North Sea Transition Authority (NSTA) noted in its annual decommissioning cost and performance update.
The UK North Sea has a...
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