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"Could Be First Shoe To Drop": AI Power Stocks Tumble As SoftBank's Write-Down Deepens Bubble Fears
"Could Be First Shoe To Drop": AI Power Stocks Tumble As SoftBank's Write-Down Deepens Bubble Fears
GE Vernova and Bloom Energy shares plunged Tuesday after SoftBank Group disclosed a $3.7 billion charge tied to power equipment procurement. We asked whether this write-down, cancellation, or "revised procurement strategy" in the AI spending boom could signal trouble ahead in a note titled "Masa's $3.7 Billion Bonfire: SoftBank Posts $7 Billion Loss After Torching Deposits On AI Power Gear As Interest Costs Double."SoftBank's disclosure followed Elon Musk's claim last week on X that...
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Mar 30, 2026 / Tyler Durden
Turkey Reports Another Iranian Missile Near-Miss Over NATO Skies
Turkey Reports Another Iranian Missile Near-Miss Over NATO Skies
Another near-miss has unfolded over NATO skies, with Turkey on Monday announcing that air defenses intercepted a ballistic missile fired from Iran. It's another dangerous indication that the Iran war could easily expand into a broader conflict at any moment.
The intercept was carried out by air and missile defense assets positioned in the Eastern Mediterranean, according to the Turkish defense ministry, which offered no further initial details concerning trajectory, type, or what the intended target ultimately was.
US Navy image, illustrative
This marks...
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Oct 11, 2026 / Tyler Durden
"The System Failed Everybody": 2-Year-Old Fights For Life After Stabbing By Man Repeatedly Ruled Incompetent To Stand Trial
"The System Failed Everybody": 2-Year-Old Fights For Life After Stabbing By Man Repeatedly Ruled Incompetent To Stand Trial
Authored by Steve Watson via Modernity.news,
A two-year-old girl is fighting for her life after being stabbed multiple times in the face by a complete stranger while sitting in a stroller at a Providence school bus stop. The attacker had previously been accused of stabbing two other children, but was repeatedly found incompetent to stand trial before simply being released back into the community.
Police say the attack was unprovoked. The man did not...
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Jul 2, 2026 / Tyler Durden
Alive And Kicking: News Of Woke's Death Is Greatly Exaggerated
Alive And Kicking: News Of Woke's Death Is Greatly Exaggerated
Authored by John Murawski via RealClearInvestigations,
Just a few years ago, wearing a sombrero on Halloween could get you banished from polite society for the social crime of "cultural appropriation." Nutrition experts argued that preventing obesity was a form of racialized "fatphobia," even as scientific names of songbirds were purged in a moral campaign presumably aimed at white supremacy. Meanwhile, a slew of studies and papers and articles argued that punctuality, excellence, and other forms of professionalism are "the systemic, institutionalized...
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