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@cyrevolt@mastodon.social
2026-07-18 06:42:16

this is peak wtf
right2compute.com/
got there via youtu.be/JSNvI8Ge1Mk

For a while now, the global economy has been beating the odds.
The energy shock prompted by the American and Israeli attacks on Iran in February set off the largest disruption of worldwide energy flows in history. Yet despite jumps in oil prices, widening conflict in the Middle East, fuel shortages and inflation pressures, the feared crash never came and most economies managed to muddle through.
But wiggle room is narrowing at the same time the outlook is darkening. Look at what …

@Techmeme@techhub.social
2026-07-16 06:11:04

TSMC reports Q2 revenue up 36% YoY to ~$39.45B, net income up 77.4% YoY to ~$21.9B, both above est., and says chips 7nm or smaller were 77% of its wafer revenue (Jenny Lee/CNBC)
cnbc.com/2026/07/16/tsmc-secon

The Nasdaq has fallen just under 200 points, or 0.7%, to 26,086
while the Dow Jones is down 47 points at 52,684
and the S&P 500 has fallen 23 points, or 0.3%, to 7,552.
The FTSE is up just 3 points at 10,500
while the German, French, Italian and Spanish markets are between little change and a 0.4% rise.

@Techmeme@techhub.social
2026-08-12 11:10:38

AI code-testing startup Blacksmith raised a $45M Series B led by Peak XV Partners at a $550M valuation, up from $60M after it raised a $10M Series A in 2025 (Jagmeet Singh/TechCrunch)
techcrunch.com/2026/08/12/blac

@Mediagazer@mstdn.social
2026-06-29 14:25:32

Mike Cavanagh will become NBCU CEO after the spin off; Comcast co-CEO Brian Roberts says the separation is not designed to pursue M&A deals; CMCSA jumps 9% (Todd Spangler/Variety)
variety.com/2026/tv/news/comca

@Techmeme@techhub.social
2026-08-13 22:11:12

Reddit will join the S&P 500 on August 18, becoming only the second pure-play social media company in the index after Meta; RDDT jumps 10% after hours (Jonathan Vanian/CNBC)
cnbc.com/2026/08/13/reddit-sha

An outbreak of diarrhea caused by the parasite cyclospora has risen to more than 3,000 cases in Michigan and Ohio,
and the ongoing investigation suggests lettuce or salad greens may be the source.
However, Michigan health officials said other foods can’t be ruled out and no specific type, grower or supplier has been identified as the source.
“Early information has shown lettuce as a common product that regularly comes up during the investigation,”
Dr. Natasha Bagdasa…

Nervous investors across big economies have been dumping government bonds,
driving up the cost of borrowing, as surging oil prices amplified fears about rising inflation.
The cost of a barrel of oil jumped 6% to above $107 on Thursday amid concerns that advances by Houthi rebels along the Red Sea coast in Yemen could choke off Saudi crude exports.
The global bond sell-off that has rocked markets in recent weeks resumed in response to the news from the Middle East
– wh…

@Techmeme@techhub.social
2026-08-11 20:40:56

CoreWeave reports Q2 revenue up 112% YoY to $2.58B, vs. $2.56B est., and a $104B revenue backlog, with 1.5 GW of contracted power; CRWV jumps 9% after hours (Jordan Novet/CNBC)
cnbc.com/2026/08/11/coreweave-