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Hyperscaler Bond Spreads Blow Out After Google Shocks With Another $25 Billion Bond Offering
Hyperscaler Bond Spreads Blow Out After Google Shocks With Another $25 Billion Bond Offering
After tightening sharply following last week's (pre-Situational Awareness) rout which sent hyperscaler CDS to the widest on record, AI bond spreads are blowing out again this morning - with SpaceX bonds - which have quickly emerged as the fulcrum bond security of the AI world - plunging this morning on news that for the third time in a year, Alphabet which has emerged as the credit (both on and off balance sheet) nexus of the AI supercyle, is...
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Apr 1, 2026 / Tyler Durden
Palantir Develops IRS Tool To Flag "Highest Value" Audits, Are Crypto Bros Next?
Palantir Develops IRS Tool To Flag "Highest Value" Audits, Are Crypto Bros Next?
Crypto bros and those of you with 'creative' accountants, heads up - the IRS is beefing up its ability to flag accounts for audits. Not only is this the first year that major US-based custodial crypto brokers are reporting gross proceeds to the agency, the IRS is getting aggressive elsewhere. Last year they paid Palantir $1.8 million to identify cases for audits, collections, and potential criminal investigations with a high probability of success. The contract was the latest...
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Aug 31, 2026 / Tyler Durden
Trump Mulling New 'Limited' Strike Package, After Iranian Attack On Jordan Base
Aug 11, 2026 / Tyler Durden
Strategic Autonomy Is Running Dry
Strategic Autonomy Is Running Dry
By Bas van Geffen, senior macro strategist at Rabobank
Yesterday, my road cycling took me along the Lek River, which branches off from the Rhine. I frequently ride the path along this river, but the Lek was almost unrecognisable in the distance and what is normally part of the riverbed has now run dry.
It’s a very tangible reminder of numbers we’ve recently been watching on our screens: Upstream, at Kaub, the water level in the Rhine has fallen to historical lows. And a new heatwave that...
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