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"Safeguard Our Homeland": FCC Moves To Ban Foreign Military-Grade Drone Imports
"Safeguard Our Homeland": FCC Moves To Ban Foreign Military-Grade Drone Imports
A little more than a week after we exposed military-grade interceptor drones being openly marketed on Facebook as dual-use technology by a Hong Kong-based company, FCC Chairman Brendan Carr announced a proposal to prohibit the importation and sale of foreign-produced military-grade drones in the U.S.
"Today, the FCC took additional action to safeguard our homeland. We have proposed banning the sale of foreign, military-grade drones, including those capable of swarming," Carr wrote on X, adding, "Another step to strengthening and...
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Jul 24, 2026 / Tyler Durden
AI Capex Depreciation Risk Is The Catch To Record Earnings
AI Capex Depreciation Risk Is The Catch To Record Earnings
Authored by Lance Roberts via RealInvestmentAdvice.com,
The second-quarter earnings season is in full swing. So far, the results are landing in line or better than the upwardly revised Wall Street estimates. That’s the opposite of how this usually works. Analysts normally trim their forecasts as a year wears on. In 2026, they’ve done the opposite. The S&P 500 is on track to grow earnings north of 20% for a second straight quarter. The earnings are real. However, a meaningful slice of...
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Oct 6, 2026 / Tyler Durden
Google Plugs Into Constellation's Nuclear Reactors As PJM's "Bring Your Own Power" Era Arrives
Google Plugs Into Constellation's Nuclear Reactors As PJM's "Bring Your Own Power" Era Arrives
For most of 2026, the bear case on the US power producers could be summed up in one sentence: nobody is signing data center PPAs in PJM. Last week Amazon did. This morning Google did, too, and this one is five times bigger.
Google parent Alphabet has contracted for 3,590 megawatts of power from Constellation Energy (CEG) inside PJM, the largest US grid, the companies said on Tuesday, according to Reuters, confirming an overnight report from Bloomberg....
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May 16, 2026 / Tyler Durden
New Fed Chair Kevin Warsh's Job Is Impossible
New Fed Chair Kevin Warsh's Job Is Impossible
Submitted by QTR's Fringe Finance
Congratulations to Kevin Warsh on officially becoming the next Federal Reserve chair. Unfortunately for him, he may have just accepted the worst job in global finance at the worst possible moment.
Warsh was narrowly confirmed this week in the most partisan Fed chair vote in modern history, inheriting a central bank that has spent years under political attack while gliding straight into a macroeconomic minefield. Inflation just accelerated to a three-year high. Oil is higher amid Middle East tensions....
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