Speaking loudly but wielding a teeny-tiny stick in

Term premium trouble

Hyperscaler toast; Niklas Sule; the parenthesis; the stocks market; categories of contempt

We started so we finished

He has big stakes. We have big questions.

A glimmer of hope for sufferers, a potential revenue platform for a cash-burner, and a whole heap of unknowns

Why a few cool data points probably aren’t a sign of weakening demand

Carrion-eaters; pervert glass patent; Spirit’s emails; Musk vs Cards Against Humanity

Scholarly insights into black holes, neoliberalism, penis length and dogmatism from the guy who didn’t invent bitcoin

Fear factor

Ain’t no party like a capex party, because apparently a capex party don’t stop

Geeky Friday

Fluids; tokens; hotlines; Chelsea; political spam

Giving a shirt

But not worried enough to actually do anything about it

Well, some of them, anyway

The economics of a shrinking world; taker vs maker arbitrage; pevert glasses and HMS Endeavour for sale

Cheap financing < privacy

Plotting

Sameness; tariffs; Africa; clouds; sharing; Windows; play; assemblage