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Watch: US Military Unleashes Suicide Drone-Boat Swarm On Iranian Submarine Facility
Watch: US Military Unleashes Suicide Drone-Boat Swarm On Iranian Submarine Facility
Three U.S. Navy-backed Saronic Corsair one-way attack sea drones struck Iran's Bandar Abbas Naval Base on Sunday, according to U.S. Central Command.
The operation marks the clearest sign yet that the U.S. military has taken a page directly from Ukraine's maritime warfare playbook, using expendable, autonomous, suicide stealth drone boats to penetrate a heavily defended naval facility - much cheaper than a million-dollar missile.
Yesterday, using multiple one-way attack surface drones, CENTCOM forces successfully struck a submarine and ship maintenance facility...
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Jul 25, 2026 / John W. And Nisha Whitehead
Getting Away with Murder: Under Trump, the Buck Stops Nowhere
Having burned through billions of dollars and depleted critical munitions stockpiles, the Pentagon is running out of money. Our money. According to the Washington Post, the Pentagon is facing an urgent budget shortfall caused largely by the Iran war, with some critical funding accounts expected to run dry within weeks. Training, maintenance and other military priorities are reportedly being […]
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Mar 21, 2026 / Tyler Durden
The Private Credit Crisis Is Spreading
The Private Credit Crisis Is Spreading
Submitted by QTR's Fringe Finance
The private credit crisis is spreading to another corner of the market that I warned about back in October, when I wrote about 10 parts of the market I’d avoid.
For years I’ve been warning that buy now pay later (“BNPL”) industry was built on a pretty fragile foundation. The quality of the loans was always the obvious problem. The entire business model revolves around extending instant credit with minimal underwriting to consumers making small purchases.
Companies whose primary innovation is allowing consumers to...
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Apr 15, 2026 / Tyler Durden
Nvidia Unveils New AI Open Model, Sparking Rally In Quantum Stocks
Nvidia Unveils New AI Open Model, Sparking Rally In Quantum Stocks
Nvidia unveiled the world's first open-source AI models to accelerate the development of quantum computing. The news sent shares of several Asian software and cybersecurity firms soaring and sparked a rally in U.S.-listed quantum stocks in premarket trading.
Nvidia's Ising open-model family is designed to improve two critical areas: quantum processor calibration and quantum error correction. Nvidia claims the models deliver calibration capabilities it describes as industry-leading, while its decoding tools operate 2.5 times faster and achieve up to 3x...
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