Article
Ansar Allah Imposes Blockade on Saudi Shipping in Red Sea
Ansar Allah announced that Yemen will begin preventing Saudi ships from transiting the Bab al-Mandab Strait. Riyadh has relied on its Red Sea ports to export oil following Iran’s closure of the Strait of Hormuz. On Monday, the Yemeni Armed Forces said it was imposing the blockade in response to Saudi’s blockade of Yemen and […]
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Apr 30, 2026 / Tyler Durden
ECB Holds Rates At 2%, As Expected, With Stagflation Looming
ECB Holds Rates At 2%, As Expected, With Stagflation Looming
The European Central Bank kept interest rates unchanged, as expected, with officials signaling they need more time to assess the extent of the Iran war’s jolt to the economy. The deposit rate was left at 2%, where it’s been since June 2025 and in line with the predictions of all analysts in a Bloomberg survey. The ECB offered no guidance on future decisions, reiterating it will act one meeting at a time based on information as it arrives.
In the statement, the...
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Jun 13, 2026 / Tyler Durden
"Tell Him He's A Piece Of Shit": Employee Hijacks Meta Meeting In AI Revolt
"Tell Him He's A Piece Of Shit": Employee Hijacks Meta Meeting In AI Revolt
Earlier this week, a routine livestreamed Meta meeting descended into open revolt.
During a presentation open to thousands of employees, one participant suddenly interrupted the speakers with a profanity-laced outburst, according to WIRED. The employee declared they felt like "the company's bitch" and demanded that the people leading the call write to a specific Meta AI executive and "tell him that he's a piece of shit."
One presenter reportedly covered their face with their hands. Moderators asked...
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Aug 5, 2026 / Tyler Durden
Sandisk Tumbles After Revenue, Earnings Forecasts Miss Estimates
Sandisk Tumbles After Revenue, Earnings Forecasts Miss Estimates
Sandisk was one of the largest public holdings of the hedge fund of 24-year-old former wunderkind, Leopold Aschenbrenner, and its July collapse from $2300 to $1000 was chief the main reasons why the former OpenAI employee had to liquidate his extremely overlevered hedge fund and sell all positions at a 10% discount to Citadel to meet a volley of endless margin calls.
Well, if he has some dry powder left he just may be able to repurchase some or all of his portfolio from...
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