Venezuelan Oil Becomes Viable only Above $110/Barrel
what changed? Oil prices & global inventories At $60/barrel Venezuelan oil is too risky/unprofitable. At $110/barrel Venezuelan oil looks investable
The Devil Wears Prada 2 Smashes $50M Pre‑Weekend Opening
It wasn’t even FRI yet but #TheDevilWearsPrada2 already crossed 50M at Global #BoxOffice, ready to crush the 175M-185M Global opening projections, after #AnneHathaway, #EmilyBlunt & #MerylStreep vogued with a 40.5M 2-day cume overseas over 45 intl. markets. Allied to 10M from...
Devil Wears Prada 2 Poised for $80‑90M Opening
Fabulous domestic start for Devil Wears Prada 2 with $10M from THU pre-shows with 1,300+ premium scrns but no IMAX. This compares to $12.6M for #Michael ($8.8M from THU) from 1 week ago which did $97.2M opening wknd. $80M+ opening wknd looks...
McDonald's Turns Fries Into Recurring Revenue Amid SaaS Decline
In 2025, McDonald’s made $27B with 36% of revenue coming from franchisees paying rent. By adding this new french fry subscription, McDonald’s is now the go-to recurring revenue play since AI has destroyed SaaS stocks.
Industry Shifts Boost Intel’s Momentum
For a brief moment. Honestly, this is wild. A lot of momentum and specific industry dynamics are starting to swing in favor of $INTC. https://t.co/32eDESc5Yf
Rio Silver's Next Surge Starts Quiet, Then Explosive
Rio Silver Corp $RYO.V $RYOOF. And so the next leg up begins ... first in a quiet, orderly fashion. Then violently. Buy now or chase later. https://t.co/vlizJPy3fn
China Wafer Prices Stabilize Amid Easing Demand Regulations
China wafer declines narrow as demand-side regulation lifts market sentiment #energysky -- via pv magazine global: https://t.co/2ZeN1YWDIY
Celebrating Shayndi’s Hit Stories and Editorial Leadership
Now that my friend and, sadly, former colleague @shayndi is on her way to CBS to work for @bariweiss, it’s a good time to share all her hit stories—those she authored but also spearheaded as an editor (and not what...
Proxy Advisers Sue Indiana, Kansas over Disclosure Mandates
Oh do I hope that they lose. "ISS and Glass, Lewis & Co. in April sued two more states, Indiana and Kansas, over laws compelling the firms to tell shareholders and update websites if their voting advice contradicts management’s wishes."
UAE Increasingly Breaks From OPEC's Leadership, Says Expert
"“It's pretty clear that the UAE has been diverging from OPEC’s leadership for a while now,” Ellen Wald, president of Transversal Consulting and an expert on energy and geopolitics, told The Dispatch." https://t.co/T78DIjRG0W Quoted here along w @Dr_Ulrichsen @gbrew24
Marine Corps to Fly Largest U.S. Flag Over NYC
On the Fourth of July, Marine Corps MH-53s will fly gigantic 130 ft x 216ft American flags over NYC as part of the International Aerial Review "This flag will be the largest known flag to fly over New York City." https://t.co/nd2KgFP7g6 https://t.co/o16FnuZmQY
Biking Saves Money—Fiscal Conservatives Misread the Math
“If you care about the bottom line, budgets & taxes, then you should care about urban biking, because it’s a money saver. It’s ironic when so-called fiscal conservatives attack biking, when their efforts just show a lack of understanding of...
Lost Cheap Flights, Still No High‑speed Rail
Every time I advocated for high-speed rail, someone would inevitably reply with a screenshot of a $60 Spirit flight to prove rail was unnecessary. Now, Spirit is gone and the rail still doesn't exist. We’ve officially inherited the worst of...
Sequel Aims for $80‑90M Domestic
#TheDevilWearsPrada2 dresses up $10M THU night, domestic debut will be $80M+, $90M+ not out of the question https://t.co/Z4fv8JTSrG
Two Puppy Delivery Drivers Killed in Nebraska Crash
“Lynn and Bob Phelps from. "No Stress Express Transportation", were in a tragic car accident around 4:00 this morning in Nebraska. They were delivering puppies at the time. They were killed due to a head-on collision with a tractor trailer truck.” Heartbreaking
AI Compute Supplier Contracts Undergoing
More people need to pick up on this fundamental contract change highlighted on $SNDK earnings. Time to rethink everything you thought you knew about supplier contracts related to AI compute/infra. No paywall :) @DiligenceStack https://t.co/iagsiKBdOI
US Munitions Depleted: Half of Key Systems Exhausted
My take @FortuneMagazine on the depleted US munitions: "In Iran, the US has burned through 45% of its Precision Strike Missiles, 50% of its THAAD interceptors, 50% of its Patriot PAC-3 inventory, and 30% of its Tomahawks." US WEAPONS CUPBOARD = EMPTY https://t.co/M437EG5SfV
Americans' Trust in Mass Media Hits 20% Historic Low
Only 20% of Americans trust mass media... the lowest in 50 years measured by Gallup. Down from 68% in 1972. Down 40% in just the last 5 years. Legacy media has lost its monopoly.
2026 Airport Travelers Still Forced Into Helmets, Masks
Passengers Still Wear Helmets And Masks At Airports In 2026 — Suddenly ‘Freedom’ Has Limits - View from the Wing https://t.co/F36FZposOo
Passenger's Attempt to Skip Deplaning Backfires on Video
United Passenger Tried To Skip Ahead During Deplaning — Her Own Video Made Her Look Worse - View from the Wing https://t.co/ZrJCzj3TYn
Homeownership Falls Below 25‑Year Average at 65.
"The latest homeownership rate declined to 65.3% in the first quarter of 2026 ... Compared to the peak of 69.2% in 2004, the homeownership rate is currently 3.9 percentage points lower and remains below the 25-year average rate of 66.3%." -NAHB
Planet of Lana Pitch Targets Live-Action Film, Amber Midthunder Attached
Added a detail to this article to make clear that Story Kitchen's Planet of Lana pitch to studios is for a live action film (with, as I previously reported, Prey's Amber Midthunder attached to star in it)
YouTube's AI Inspiration Feature Misses the Mark
This YouTube inspiration feature is pretty bad. They need to put an actual YouTube creator in charge of this because they'll immediately tell you that these titles and thumbnails just won't work. Right now this just looks like AI slop. https://t.co/uGLtgwI7En
AI Access Gaps Persist: Lower‑SES Americans Less Aware, Use Less
A study of >10,000 Americans documents AI inequalities, lack of awareness and usage among lower SES https://t.co/1s8EMg933Y https://t.co/6BA6p7g2zW
Wall Street Sees BMY Lift, BIIB Rise, REGN Uncertainty
Latest snapshot of Wall Street's take on a trio of earnings reports, from @ByJonGardner and @realJacobBell Bristol Myers’ legacy lift, Biogen’s blue skies and Regeneron’s murky outlook https://t.co/PnGb0o93WL $BIIB $BMY $REGN
Paying for Verification Fuels Anonymous Troll Blue Checks
Twitter is pretty weird. But the weirdest part of Twitter, by far, is that anonymous trolls spend $8/month to get a blue checkmark on their accounts. You're paying actual $$$ to be verified unverifiably. It's the internet version of buying knockoff designer bags...
Neverness to Everness F2P Earns $15M Day One, PC Dominates
Neverness to Everness (F2P) generated over RMB 100 million ($15m+) on its first day (Better than Tower of Fantasy). In China, 65% of revenue was from PC, 35% from mobile. Overseas, 75% of revenue was from PC + PS5. https://t.co/BM8Tie0ZOw
2026 Measles Cases Surge to 79% of 2025 Total
#Measles update: In the first 4 months of 2026, there have been 1,814 confirmed measles cases (& doubtless many more that were never confirmed). For context: That's 79% of the total for the entirety of 2025 — but in 4 months,...
French Truckstops: Baguettes Replace Seats, Otherwise Familiar
Turns out French truckstops aren’t that different than US ones except that they have fresh baguette and apparently finding a toilet seat is rare https://t.co/LmvUshCO2v
Europe's Endless Meetings Stall Decisive Hormuz Action
Don’t worry Don. Europe is only 8,403 Zoom calls, 103 HR meltdowns, 3 multilateral summits, 33 think tank presentations, and 62 joint planning exercises away from bravely considering the possibility of thinking about sending a minesweeper to Hormuz. https://t.co/qMZgW6eAmU
Trump Exploits Crypto Loophole to Bypass Foreign Campaign Ban
Foreign contributions to political campaigns are banned. Trump found a loophole—crypto—allowing him to rake in hundreds of millions from foreign regimes buying influence. My @morningjoe Chart.
Court Reporters Warn Daily Mail's Unverified Salacious Story
Any journalist who regularly covers courts can easily spot complaints that are so outrageous that you have to do plenty of digging before a story is ready for publication. @Daily_MailUS seemingly just ran with a salacious story without doing the...
Well‑Funded Groups Manufacture Doomer Narrative Online
Doomerism *is* inorganic though. That’s why massively well funded groups are spending millions pushing doomer messaging on social media. Here’s a WaPo piece on some of this https://t.co/ImB0mFy7yk
Rent Control Drives Developers to Halt New Projects
If you really think rent control doesn't reduce supply, go spend time talking to apartment developers who build that supply -- and ask them why they're not building in St. Paul MN or Montgomery County MD and why they've frozen...
90‑95th Percentile Earners Find No Bay Area Homes
This is between 90 and 95 percentile household income and your single family housing options in the Bay Area are *file not found*
Sacramento Listings Slightly Down Year‑over‑year, Still Historically Low
The number of active listings is slightly lower than one year ago in Sacramento. It's better than two years ago, but still historically low. By the way, we're going to start comparing this year to a dull market last year,...
Big 12 Deal Could Redefine Athlete‑NCAA Legal Landscape
The Big 12’s multimillion dollar private equity deal with RedBird and Weatherford isn’t just new money—it could rewrite the legal relationship between athletes, schools, conferences, the NCAA & investors. I break down the stakes + risks for @Sportico.👇 https://t.co/uPrjJNUHFz.
Metro Turned Into Subsidy and Make‑work Scheme
Good thread. The Metro is now something that it was never meant to be: a general subsidy for a relative few, and in reality a make work program for unionized working class DC residents.
ISM Manufacturing Prices Surge to 2022 High
The ISM manufacturing prices sub-index is truly wild rn. From ISM's Chair: "In the last three months, the Prices Index has increased 25.6 percentage points to reach its highest level since April 2022 (84.6 percent)." The sector's shrugging it off...
Half of Gen Z Want to Live in 2016
2016 nostalgia isn’t fading: A new report says nearly half of Gen Z would choose to live in the past if they could Vine and Friendster are making a comeback And I talked to @alenayuann who’s crushing it across social — she...
Build Housing First, Then Consider Rent Control
Here is the problem with the "rent control + build public/social housing supply" argument: You shut down supply on Day 1. It then takes years to build the new housing program and more years to build the housing itself. Meanwhile you just exacerbated...
Manufacturing's Health Was a Myth; Mass Departures Followed
first slide of my deck when i joined clocktower in Feb was: MANUFACTURING IS IN GOOD SHAPE i lost a lot of people right then & there https://t.co/xwbECgemyw
Organizational Silos Stall Implementation of Clear Recommendations
Good recommendations and implemented recommendations are two very different things, and the gap between them is almost always organizational rather than technical. I keep running into the same dynamic. A team identifies a problem. An audit gets done, often a thorough...
Exxon Sees Endless Permian Growth, Defies Plateau Predictions
Exxon CEO Darren Woods on the Permian: "... We've had the pedal to the metal here from the very beginning [...] Unlike many of our competitors, who I think have predicted the plateauing of of the resource [....], we have...
Palantir's Dragnet Shows Real Surveillance Dwarfs Advertising Myths
I've long objected to the "surveillance advertising" trope, for it trivializes actual surveillance under force of government, such as this, brought to us by the folks at Palantir. Gift link. ‘We Know You Live Right Here’: No Secrets in America’s...
Fans and Yoshida Reveal FFXIV’s Past, Present, Future
Kotaku's coverage of Final Fantasy 14 Fan Fest wraps up with this long, in-depth dispatch from about the state of the game, its legacy, and its future. We heard a lot last week from Naoki Yoshida. In this report we...
Propose a Flexible Covenant for Immediate Competition
I want someone to propose a covenant to compete. Just modify it in ways that you can compete immediately and then sign it.
Skip Consulting After Graduation: Pursue Better Opportunities
This is an instance of the more general principle: If you are graduating university and are about to join a consulting firm, don't do that.
Brent Prompt Price Shifts From June to July Contract
On the Brent futures contract roll: The "price" everyone typically talks about is the prompt Brent (or WTI) futures price (white on the chart), which is the nearest-dated monthly contract. In April that was set by the June contract (blue), now in...
ARCH Backs Mental‑health IPO, Celebrating Early Investment Success
Congrats to Daphne Zohar and team, and Steve Paul for an amazing IPO to fuel new drugs for mental health and brain disorders. ARCH invested early here because of the team, platform, and clinical need.