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META Erases Most Afterhours Gains After CFO Warns "Significant Investment" Will Raise Serving Costs

META Erases Most Afterhours Gains After CFO Warns "Significant Investment" Will Raise Serving Costs Update: We concluded our prompt earnings wrap (below), by saying that the question now is whether Zuck will scare investors on the call by noting that capex may raise much more." Well, CFO Susan Li did not help the case saying that “Muse's compute intensity means that expanding its user base will require significant investment, and we expect total serving costs to rise. At the same time, we expect to improve compute cost efficiency by more than 10-fold...
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Jun 18, 2026 / Tyler Durden
Removing AI Spyware From Your Google Account
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May 22, 2026 / Tyler Durden
Shipping Turmoil Remains Largely Contained To Gulf, For Now
Shipping Turmoil Remains Largely Contained To Gulf, For Now The world's most critical maritime energy chokepoint has now been closed for 12 weeks, leaving seaborne energy supply chains heavily disrupted. Still, one UBS analyst points out that the shock has yet to meaningfully spill over into broader global shipping outside the Gulf area, suggesting the disruption remains largely contained for now. "It looks like non-energy related global shipping traffic is running just 4% below normal in May - a bit better than April," UBS analyst Arend Kapteyn wrote in a...
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Mar 31, 2026 / Tyler Durden
Federal Judges Rule Against White House Ballroom, Defunding NPR And PBS
Federal Judges Rule Against White House Ballroom, Defunding NPR And PBS Another week, another couple of activist judges ruling against the Trump administration. Architect Shalom Baranes shows a site plan for the White House ballroom during a meeting of the National Capital Planning Commission in Washington on Jan. 8, 2026. Chip Somodevilla/Getty Images On Tuesday, federal judges issued orders blocking the ongoing ballroom construction at the White House, and halted federal agencies from pulling funding for National Public Radio and the Public Broadcasting Service. On the Ballroom: U.S. District Judge Richard Leon said the president...
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