First Google, now Meta…Microsoft thinking about it.
Two implications:
1) Former buyers of their stocks are now net sellers.
2) Implies debt financing is too expensive…after all the Private Credit market is effectively in a asset withdrawal period so effectively frozen.
A large systematic bid to the market has not only disappeared but is now dumping supply on the market.
Why are Mag 7s suddenly scrambling to sell expensive equity? Because as we reported a month ago, the debt channel has shut (except for occasional SPVs). Good lucking funding $5 trillion in capex
KIRIAKOU: “The Israelis have always spied on the United States.”
THEO: “Do we spy on them also?”
KIRIAKOU: “No, that's written in stone at the CIA.”
THEO: “Why can't we spy on them?”
KIRIAKOU: “It's a political decision that's been made in the White House.”
This is worth a listen. Ivanka Trump's idea of "how people want to live" is a blissfully clear reveal of the yawning gulf - obscene in its blindness and lack of self-awareness - between the oligarchs and us.
🚨 This was in Birmingham yesterday.
Whilst stationary in traffic - the animals come at you with knives and steal from you in your car.
Things are getting very very real now. 😳‼️
With government money cut off, NPR depends more on money from private industry. That explains the nonstop vaccination propaganda on NPR. Pharma never misses a chance to recruit customers and shame those who decline.
Jared Kushner and two college buddies wrote the lockdown protocols that destroyed the country and then he headed on a yachting trip Nat Rothschild to shop for an island to buy. https://t.co/7bFmX1hdj5
Jared Kushner and two college buddies wrote the lockdown protocols that destroyed the country and then he headed on a yachting trip Nat Rothschild to shop for an island to buy. https://t.co/7bFmX1hdj5
The creator of Linux just publicly called out the AI hype. Word for word.
Linus Torvalds took the stage at Open Source Summit 2026 and said this:
"When I see people saying 99% of our code is written by AI, I literally get angry. Because those same people — I can pretty much guarantee — 100% of their code is written by compilers. But they never say that."
He is not anti AI. The Linux kernel saw a 20% jump in submissions this release because of AI tools. He uses it. He gets it.
His point is something most people are too afraid to say.
AI is a productivity tool exactly like compilers were. Compilers boosted programming by 1000x. AI adds another 10x on top. Enormous. But nobody says "the compiler wrote my code." So why are we saying AI wrote it?
He also flagged something nobody is talking about.
AI is flooding small open source projects with drive-by bug reports. Someone runs a prompt, files a report and disappears when asked for a patch. Maintainers with one or two people are drowning trying to keep up.
"Sometimes AI reports a bug and when you ask for more information the person has done that drive-by and does not even answer your question. That is the real burnout issue."
And his final warning was the sharpest of all.
"People who do not understand the complexity of systems will prompt systems and write processes that will fail."
The AI hype crowd is very loud right now.
Linus has been building real systems for 35 years. When he talks, engineers listen.
Full interview here:
https://t.co/LmXJtvKc4O
$TSLA - MORGAN STANLEY ANALYSTS SEE SPACEX REVENUE REACHING $3.4T IN 2040, SOURCES SAY
MORGAN STANLEY PROJECTS SPACEX'S ADJUSTED EBITDA TOPS $2.7T IN 2040, SOURCES SAY
BREAKING: More than half of the publicly identified donors to President Trump’s White House ballroom project have won new or expanded federal contracts worth more than $50 billion, per WaPo