Month: August 2026

Just came across the wire – Microsoft disclosures suggest that OpenAI is about 70% of AI sales. Wow! https://t.co/eyZNJb5uSM pic.twitter.com/8tVJeScqgl

— Ed Zitron (@edzitron) August 5, 2026

One of the highlights of the Warsh Fed has been watching stenographers posing as journalists, like the WSJ’s Nick Timiraos, reduced to reporting Fed backroom gossip because they’re incapable of performing real economic or monetary policy analysis without being spoon-fed.

— Treasury Secretary Scott Bessent (@SecScottBessent) August 5, 2026

The customer cannot afford the product, so the vendor cosigns the loan.

A trillion dollars a year of data centers has to be financed somehow. Some of the capital comes from the cash flows, equity, and debt of the companies themselves. But there is also a lot of incestuous vendor…

— Vitaliy Katsenelson (@vitaliyk) August 5, 2026