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Nasdaq Tumbles After FT Reports OpenAI Revenues Disappointing

Nasdaq Tumbles After FT Reports OpenAI Revenues Disappointing ...and just like that, the massive AI CapEx boom "excess demand" narrative is in doubt... The Financial Times reports that OpenAI’s annualised revenue is about $20bn less than has been previously signalled, according to financial documents shared with investors, a massive gap likely to damp optimism about the growth of AI demand. The company has recently told investors its revenues were approaching $50bn on an annualized basis at the end of September, far short of the $70bn reported by the FT and other media outlets...
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Sep 14, 2026 / Tyler Durden
The Deep State's Get-Out-Of-Jail-Free Card
The Deep State's Get-Out-Of-Jail-Free Card Authored by Jay Rogers via American Greatness, Last Wednesday, House Judiciary Chairman Jim Jordan sent FBI Director Kash Patel a letter demanding every document connected to an operation codenamed Round River. If you haven't heard of it, that's understandable; it's the sequel nobody promoted, and I'll get to it. I've spent part of my career testifying as an expert witness on fiduciary duty, the branch of law that punishes people for betraying the trust placed in them. Measured by that standard, Round River isn't merely disinformation; it's a...
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Jun 5, 2026 / Tyler Durden
Waste Of The Day: Mismanagement At SF Zoo
Waste Of The Day: Mismanagement At SF Zoo Authored by Jeremy Portnoy via RealClearInvestigations, Topline: The taxpayer-funded San Francisco Zoo "does not have a healthy or stable financial condition," according to a city audit released in May. The zoo has no written plans or budgets to guide its construction projects, and spent $12 million on them without city approval. Employees are also allegedly hiring their friends and relatives as contractors. Key facts: The zoo is required to get approval from San Francisco's Recreation and Park Commission before paying more than $50,000 for...
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Sep 1, 2026 / Ron Paul
The Definition of Insanity
Albert Einstein is credited with saying, “the definition of insanity is doing the same thing over and over again and expecting different results.” Whether he actually said it or not, the definition stands. This definition also very well describes the Trump Administration’s war with Iran. According to media reports, President Trump was cajoled by Israeli […]
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