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Hyped Mecca Joint Defense Pact Is MIA After Houthis Targeted Four Saudi Cities
Hyped Mecca Joint Defense Pact Is MIA After Houthis Targeted Four Saudi Cities
Saudi Arabia got pummeled by cross-border Houthi ballistic missiles and drones on Tuesday, where a reported four Saudi cities were targeted.
...So what about those much hyped Mecca Defense accords that were just signed last month? The pact between Riyadh, Islamabad, and Ankara has been likened to NATO Article 5, where an attack on one is an 'attack on all'. These countries' own officials have in many cases advanced this interpretation.
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As the Saudi-Yemen war heats up again,...
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Jul 6, 2026 / Tyler Durden
New Jersey Lawmakers Pass Bill To Establish Large Load Data Center Tariff
New Jersey Lawmakers Pass Bill To Establish Large Load Data Center Tariff
By Zachary Skidmore of DataCenterDynamics
New Jersey lawmakers have passed a bill that will direct the state's Board of Public Utilities (PUC) to establish a dedicated data center tariff for facilities with a capacity of 50MW or more, in an attempt to shield other ratepayers from cost increases tied to new builds.
A similar bill was originally proposed in June of last year by Democratic assemblymen Dave Bailey and Joe Danielsen. However, that initial bill was pocket-vetoed by then-governor Phil...
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Apr 16, 2026 / Jason Ditz
Mass Destruction in Southern Lebanon as Israeli Forces Use ‘Gaza Tactics,’ Level Villages
Israeli officials have been saying they intended to apply a Gaza Strip model to the invasion of Lebanon, but the extent of the destruction inflicted on the southern part of Lebanon in the first month and a half of the war is even bigger than initially feared. New reports from the BBC are that they’ve […]
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Apr 8, 2026 / Tyler Durden
Trader Makes $23 Million In One Day With Massive S&P Call Purchase Hours Before Ceasefire
Trader Makes $23 Million In One Day With Massive S&P Call Purchase Hours Before Ceasefire
A trader who made a large bet on a stocks rocketing in the coming weeks is up about $23 million in paper profit today, according to Bloomberg.
The unknown trader spent $12 million premium on 6800 lots of 6950 S&P 500 Index Options (SPX) calls for May 8 expiry, when the index was at 6556.21; the trade was executed around 10:20 a.m. Eastern on Tuesday, just hours before Trump's announcement of a 2-week ceasefire which sent...
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