FIRY Wins $719 Million Game Of Solitaire, Torching Shorts Along The Way Markets rarely hand you a clean morality play. On Monday night, a federal judge entered one, clocking in no less than 78 pages, in the public docket. And for anyone who has played one of America’s chart-topping “skill gaming” apps – a group that certainly includes many readers of this site – this may be for you. A federal trial has now established that […]

PG&E Says It Has 12.7 GW In Data Center Pipeline As It Courts Smaller Loads By Emma Penrod of UtilityDive, Pacific Gas and Electric now counts 12.7 GW in its data center pipeline, of which 490 MW of projects have executed interconnection agreements and another 3.9 GW are in final engineering, company officials said Thursday during a second-quarter earnings call. The company’s data center pipeline has fluctuated over the […]

The Fair Share Myth And Other Socialist Fables Authored by Jonathan Turley, New York City socialist mayor Zohran Mamdani is back in his element. After admitting that he cannot fulfill his campaign pledge to arrest Israeli Prime Minister Benjamin Netanyahu, Mamdani returned to his class warfare narrative. This week, he taunted the city’s highest-earning taxpayers with a letter informing them of another special tax awaiting them […]

Mediators Say US-Iran ‘Close’ To ‘Resurrecting’ Failed MoU Deal, Pushing Oil Lower, Stocks Jump Update(11:35ET): Here we go again… despite no evident change in war posturing on either side, and despite shipping traffic still largely at a complete standstill in the Strait of Hormuz, Fox News is out with claims that the failed Memorandum of Understanding (MoU) could be ‘resurrected’… bringing us back to the ‘deal is close’ […]

Secret Service Probes Iran-Linked Video Calling for Melania Trump’s Assassination Authored by Tom Ozimek via The Epoch Times, A video calling for the assassination of First Lady Melania Trump has been published by a media outlet linked to Iran’s Islamic Revolutionary Guard Corps (IRGC), with the U.S. Secret Service saying it is aware of the material and investigating anything perceived as a threat. Tasnim, an IRGC-affiliated […]

Nearly 400 Drones Target Moscow Overnight, With Zelensky In Washington Seeking To Sway Trump Ukraine’s long-range drone attacks on Russian territory have long become a nightly thing (as have Russian drones and missiles on Ukraine territory), but it has become clear that these attack waves have grown in volume and effectiveness. On Tuesday Russian officials are newly acknowledging another massive attack wave on the Moscow region, […]

Massie Joins Democrats In Bid To Sue White House Over Iran War Authored by Dave DeCamp via AntiWar.com, Rep. Thomas Massie (R-KY) is joining a group of Democrats who are attempting to sue the White House over its refusal to follow a War Powers Resolution that was passed by Congress and directed President Trump to end the war with Iran, Fox News Digital reported Monday. The War Powers Resolution was passed by both the House and […]

Conference Board Survey Signals Ugly Job Market, Weakest ‘Present Situation’ In Over 5 Years The Conference Board’s measure of Americans’ Consumer Confidence fell more than expected in July, from an upwardly revised 92.2 to 90.8 (well below the 92.4 expectation)… The Present Situation index fell to 114.9 (below 117.5 exp) –  its weakest since Feb 2021 while Expectations were unchanged at 74.7 (very slightly better than the 74.4 […]

J&J’s Proposed $5.5 Billion Talc Settlement May “Lift Remaining Overhang” On Shares, Says Guggenheim Johnson & Johnson announced late Monday that it had reached an agreement to commit $5.5 billion to resolve most lawsuits alleging its talc products caused ovarian cancer. The settlement could end 15 years of litigation and “lift the remaining overhang” on J&J shares, according to one institutional trading desk. The […]

Max’d Out Again: FAA Proposes Inspections For Hundreds Of Boeing 737 Planes Over Seat Installations Authored by Naveen Athrappully via The Epoch Times, The Federal Aviation Administration (FAA) is proposing an inspection of hundreds of seats installed in Boeing 737 Max aircraft due to safety concerns. The FAA proposed adopting a new airworthiness directive for three 737 Max models—737-8, 737-9, and 737-8200, the agency said in […]

US Home Prices Unexpectedly Jumped In May; Chicago Leading, Vegas Lagging Having declined for three straight months, US home prices in America’s 20 largest cities was expected to rise very marginally (+0.1% MoM) in May (according to the latest data from S&P Cotality Case-Shiller). Instead, home prices accelerated 0.3% MoM (better than expected), lifting the annual appreciation to +1.63% YoY – the fastest annual price gain since […]

This Is The Chart That Jensen Huang Does Not Want You To See In October 2025, while the world and his pet rabbit was buying anything-AI with both hands and feet, we were the first to warn that “AI Is Now A Debt Bubble Too, Quietly Surpassing All Banks To Become The Largest Sector In The Market”… …as the world began to wake up to the negative free cash flow implications of the unprecedented CapEx spend required to achieve […]

Incompatible With Western Society…? Authored by Steve Watson via Modernity News, The comment section under Al Jazeera’s Facebook coverage of the Berlin Pride attack has laid bare a reality Western elites still refuse to face. Hundreds of users with Arab and Muslim names flooded the post with open celebration of the Islamist vehicle-ramming that killed one woman and injured 29 others. Laughing emojis made up roughly a third of […]

Korea Barbeque’d: Kospi Crashes As Chip Stocks Tank, AI Token Index Spirals Lower South Korean stocks plunged on Tuesday as concerns over circular AI financing and China’s expanding DUV lithography capabilities (read here) were top of mind among investors. Adding to the pressure, chipmakers may not have found a floor just yet because Silicon Data’s LLM Token Expenditure Index continues to slide, suggesting that companies are […]

“Good Things Could Happen” By Molly Schwartz, cross-asset strategist at Rabobank President Trump spoke with reporters yesterday aboard Air Force One, saying that the US is “meeting with Iran” and that “good things could happen”—with the “could” doing some heavy lifting. What the “good things” are, or when they “could happen,” is still TBD. The other alternative is that “if they don’t work out, [the US] […]

Futures Slide As Tech Rout Continues, Kospi Halted As It Crashes 10% Futures extend Monday’s losses as the Tech tape continues to unravel; global Semis were hit yesterday and again overnight (despite the best attempts of Goldman and JPM to force retail to buy the falling knives) with Asian stocks and especially Korea (-10%) bearing the brunt with fears of Chinese competition accelerating the sell-off and then spilling back over into […]

Tether’s XAUt Gold Token Receives Shariah Certification To Expand Islamic Finance Access Authored by Nate Kostar via CoinTelegraph.com, Tether’s gold-backed token XAUt has received Shariah certification from Amanah Advisors, a move that could expand access to the token among Islamic financial institutions and investors seeking Shariah-compliant exposure to physical gold. The certification found XAUt’s […]

Powerful Quake Rocks Southern Japan A powerful 6.8-magnitude earthquake rocked southern Japan on Tuesday afternoon, injuring dozens, sparking fires, and damaging buildings. The Japan Meteorological Agency has since called off a tsunami alert for the coasts of the Ariake Sea and the Yatsushiro Sea. The quake struck Kyushu Island, in Kumamoto Prefecture, shortly before 4:30 p.m. local time. NHK footage showed severe damage to the […]

New British Defense Secretary Says Europe “Shaken Out Of Complacency” By Trump Authored by Guy Birchall via The Epoch Times, Newly appointed British Defence Secretary Wes Streeting said on July 26 that Europe will one day thank U.S. President Donald Trump for “shaking us out of our complacency” on defense spending. Speaking to British broadcaster Sky News, Streeting said that he genuinely believes “when this period of […]

Netanyahu Ahead Of Trump Meeting: Iran War Will End Only With Regime Collapse Or Nuclear Halt Prime Minister Benjamin Netanyahu departed from Israel on Monday afternoon for the United States, where he will be hosted in the Oval Office on Tuesday. “This is my eighth meeting with him since he was elected President, more than any other international leader,” Netanyahu told reporters ahead of the Trump meeting. He acknowledged that […]

Trump Ready For ‘Strong Military Action’ If Talks Fail, With Saudi Aramco Under Houthi Fire Summary Trump pauses strikes: Trump said the US paused attacks to give diplomacy a chance but warned military action will resume if talks fail. Iran denies that it pushed for talks: Tehran denied any direct negotiations with Washington, while saying its response remains “attack for attack.” Saudi Aramco targeted: Houthis claimed fresh […]

‘I Almost Cried’ – Documentary Video Trove Shows Lindsey Graham’s Joy At Start Of Iran War Batches of previously unreleased documentary footage give a behind-the-scenes look at the late Sen. Lindsey Graham’s work to maneuver the United States into military conflicts on behalf of Israel, and the sheer joy he exuded when President Trump finally brought Graham’s long-held dreams of an all-out war on Iran to fruition.   The video […]

Russia Says Fuel Crisis Is Easing As Refineries Restart By Charles Kennedy of OilPrice.com The fuel crisis in Russia has started to ease in recent days as some refineries have restarted operations, Russia’s Deputy Prime Minister Alexander Novak said on Sunday. “The situation is gradually stabilizing, a number of oil refineries became operational again. The balance is better now, and the situation at fuel filling stations has […]

Guess Who? First Foreign Leader Visits Burnham, UK’s New Prime Minister Guess who?… None other than Ukrainian President Volodymyr Zelensky has touched down in the UK for his meeting with new UK Prime Minister Andy Burnham. “Volodymyr, you are the first head of state or government I have congratulated since taking office as Prime Minister. And that is no coincidence. It is intended to send a very clear message: We stand 100% […]

Erdogan’s Ottoman Gambit: Turkey Prepares For New Regional Order Authored by Chris Macintosh via InternationalMan.com, Turkey is simultaneously dumping US Treasuries, deepening Russia’s energy embrace, rolling out a tax regime to poach capital fleeing the Gulf… and squaring off against an Israeli political class that now speaks openly of Turkey as an enemy. It’s strategic. Turkey sold nearly all of its US Treasury holdings […]