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10:47
Macro
Fed’s MBS-to-Treasury Pivot Meets Treasury Bill Surge: Policy Coordination or Market Coincidence?
As the Federal Reserve converts $2 trillion in mortgage holdings to T-bills, Treasury floods the short end with record issuance—creating demand-supply dynamics not seen since…
based.info · 8 min read
10:39
Markets
Stellantis Reports €22.3 Billion Loss as Tariff Pressures Mount
The automotive giant's first-ever annual loss signals structural turmoil beyond failed EV bets—with US tariff costs rising to €1.6 billion in 2026.
based.markets · 7 min read
10:24
AI Energy
Can Space Solve AI’s Energy Crisis? The Physics Say No
Tech giants are betting billions on orbital data centers to escape terrestrial power constraints, but fundamental engineering barriers and environmental trade-offs suggest they're just moving…
based.macro · 7 min read
10:22
Markets
Summit Partners Bets $122 Million on Canadian Creator Economy Infrastructure
Boston PE firm's investment in Stay22 signals growing institutional appetite for monetization tools powering digital publishers and content creators.
based.markets · 6 min read
10:07
Technology
C3.ai Cuts 307 Jobs in 26% Workforce Reduction as Revenue Craters 46%
Enterprise AI software company announces sweeping restructuring under new CEO Stephen Ehikian, targeting $135 million in annual savings amid sharp revenue decline and mounting losses.
based.info · 6 min read
10:03
Technology
Private Credit Faces Software Shock as Default Warnings Hit 15%
UBS warns AI disruption could push private credit defaults to unprecedented levels, exposing $600-750 billion in software exposure as the $3.5 trillion market confronts its…
based.info · 7 min read
09:57
Markets
UK Borrowing Falls as Reeves Delivers Post-Pandemic Fiscal Consolidation
Britain plans fastest deficit reduction in G7 as gilt issuance holds at £304 billion despite tighter fiscal stance.
Daily Wire · 7 min read
22:46
Markets
Credit Contagion Warning: SVP’s Khosla Says Software Selloff Threatens Leveraged Markets
As $47 billion in tech loans trade distressed, a major distressed debt investor warns the decoupling between tight credit spreads and equity carnage may be…
based.markets · 7 min read
21:31
Geopolitics
Pope Leo XIV Confirms Historic Algeria Visit in Four-Nation African Tour
First papal trip to Algeria marks strategic Vatican pivot toward Africa's 272 million Catholics amid interfaith tensions and church growth.
based.geopolitics · 7 min read
21:29
Markets
Salesforce Guidance Miss Triggers $2.8 Billion Rotation Into Australian Bonds
Big Tech's cautious AI outlook meets real money as global investors price in the bubble premium.
based.markets · 7 min read
21:27
Geopolitics
Brazil Convicts Militia-Linked Politicians in Marielle Franco Assassination
Supreme Court sentences Brazão brothers to 76 years each for ordering the 2018 murder of Rio councilwoman, ending eight-year fight against impunity.
based.geopolitics · 7 min read
21:10
AI Technology
AMD Bets $150 Million on Nutanix in Data Center Infrastructure Push
Chip giant deepens hyperconverged partnership with stock investment as it challenges Intel and VMware across enterprise markets.
based.info · 7 min read
20:57
Geopolitics
Four Dead as Florida-Registered Speedboat Opens Fire on Cuban Border Patrol
Armed confrontation in Cuban territorial waters comes as Trump administration cuts island's oil supply and threatens military action in Latin America.
based.geopolitics · 7 min read
20:49
Geopolitics
Four Dead After Florida Speedboat Firefight in Cuban Waters
Cuban border guards killed four and wounded six aboard US-registered vessel in contested maritime incident that risks inflaming Trump administration pressure campaign.
Daily Wire · 6 min read
20:23
Energy
Idle US Rigs Find New Life Abroad as Shale Economics Force International Pivot
With domestic rig counts down 30% since 2022 and bonus depreciation phasing out, American drilling contractors are shipping equipment to Argentina and Saudi Arabia to…
based.macro · 7 min read
20:21
Geopolitics
Japan Arms Island 110km From Taiwan in Historic Military Pivot
Type-03 air defense missiles headed to Yonaguni by 2031 as Tokyo abandons post-war restraint and locks in collective defense pact with Washington.
based.geopolitics · 7 min read
19:46
Markets
UK Crypto ISA Promise Unravels as No Major Platform Will Offer Tax-Free Products
Treasury's flagship April deadline faces collapse after regulators failed to coordinate on Innovative Finance ISA requirement, leaving retail investors with no access to promised tax-advantaged…
based.markets · 7 min read
19:42
Markets
Kalshi Fines MrBeast Editor $20,000 in First Public Insider Trading Case
Artem Kaptur's 'near-perfect' bet record on YouTube content markets marks prediction platforms' first enforcement against a social media employee.
based.markets · 7 min read
19:36
Geopolitics
Stanford Graduate With No Active Medical License Faces Senate Over Surgeon General Nomination
Casey Means, Trump's MAHA-aligned nominee, testifies amid scrutiny over incomplete residency training and alternative medicine advocacy.
based.geopolitics · 7 min read
19:30
Technology
Local Revolts Against AI Data Centers Block $96 Billion in Projects
Grassroots opposition to energy-hungry infrastructure is forcing states to implement moratoriums, threatening deployment timelines for Microsoft, Google, Amazon, and Meta as communities prioritize quality of…
based.info · 7 min read
Markets via Yahoo Finance / CoinGecko
S&P 500 6,632 -0.6%
NASDAQ 22,105 -0.9%
BRENT $97.55 -1.4%
GOLD 5,026 -0.7%
BTC $73,769 +3%
DXY 100.0 +0%
EUR/USD 1.1476 +0%
10Y UST 4.27% +6bp
Crypto Fear & Greed
23
Extreme Fear
Infrastructure
AWS
Azure OK
GCP OK
Cloudflare Degraded
GitHub OK
OpenAI OK
Anthropic OK