🚨Indonesia’s banking and government institutions are UNDER ATTACK
Cybersecurity firm FortiGuard Labs recorded 350,000 cyber threats in Indonesia within 24 hours on November 7.
That’s 4 threats in every second, mostly aimed at financial and government institutions.
Over 250,000 hit financial institutions, accounting for 61% of the total, more than all other sectors combined.
No major data or money theft has been confirmed yet.
Reports say Indonesia was among the 4 most-attacked countries in the last 24 hours.
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BREAKING: Apple reportedly saved $2.7 Billion in taxes in 2026 by shifting profits to Singapore.
Singapore has now overtaken Ireland as Apple's largest offshore tax shelter, according to the Financial Times.
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Bill Gates sold nearly all of his Microsoft stake, from 49% when it went public in 1986 to about 1% today.
If he had never sold, his $138 billion net worth could be $1.4 trillion.
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$370 BILLION has been wiped out from crypto marketcap since last month.
BREAKING: 🇮🇱 Israel’s president officially selects Gadi Eisenkot, Netanyahu's rival, to form the government.
Eisenkot has 28 days to build a coalition.
BREAKING: 🇺🇸 President Trump offers UFC CEO Dana White the job of White House Press Secretary.
He says White should bring Khabib, Islam Makhachev, Justin Gaethje, Daniel Cormier, Amanda Nunes and Kayla Harrison as assistants to defend against the "Lunatic Left."
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BREAKING: 🇺🇸 A Democrat win in Georgia just flipped to Republican after officials found a memory card that was never counted.
The Republican was losing by 58 votes, and after the card was counted, he is now winning by 262.
Georgia's Secretary of State has opened an investigation.
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BREAKING: 🇺🇸 President Trump orders the Department of Justice to investigate Democrats.
He says Democrats are threatening Republicans and donors with impeachment and prison, calling it "extortion."
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BREAKING: The US Treasury will buy back up to $95 billion of its own debt over the next 3 months.
This is fresh liquidity going back into the financial system, which is bullish for markets.
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🚨Job hunting is getting BRUTAL in America
Nearly 2 million people have now been jobless for over 6 months, up 85% since early 2023.
The average job search now takes 27.1 weeks, up 9.3% in just one month.
In the last 78 years, long term unemployment has only been this high during or after a recession.
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BREAKING: The US approved a Chinese firm with an empty office to handle Nvidia's AI chips, Per NYT.
The firm, New Matrix, was cleared by the Commerce Department this year to build Nvidia H200 chips into AI servers.
Its listed Beijing address is empty, and property managers have no record of it.
Chinese records link its owners to a private equity fund the US blacklisted in 2024.
The NYT says dozens of Chinese firms have been approved to handle H200 chips, and some have ties to sanctioned companies.
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If you are an AI investor, do not miss this.
The 7 biggest AI companies have committed $4.5 trillion to future data center leases and purchase deals that do not show up as debt on their balance sheets.
Only about 15% of their total obligations are actually on the books, according to J.P. Morgan.
Look at the gap:
Google: $113B on the books, $1.08T off
Anthropic: $8B on, $865B off
Meta: $110B on, $810B off
Microsoft: $110B on, $575B off
Nvidia: $37B on, $422B off
Amazon: $223B on, $419B off
Oracle: $157B on, $322B off
Anthropic's off book commitments are over 100 times bigger than its recorded debt.
The credit market has started to notice. The cost to insure the debt of these AI companies against default is rising fast.
Hedge funds have also cut their exposure by 8%, the biggest pullback since 2016.
And after the midterms, up to 37.5 GW of data centers planned for 2028 could be paused by new state rules.
These companies signed trillions of dollars in future bills, betting AI demand keeps growing.
What happens if it doesn't?
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BREAKING: 🇺🇸 US officials believe Nvidia CEO Jensen Huang had a "romantic relationship" with an alleged Chinese spy.
According to the Financial Times:
1. Huang was reportedly romantically involved with Alice Huang, an executive at Nvidia customer Megaspeed.
2. US intelligence believes Alice Huang was recruited by China's Ministry of State Security to spy on Huang.
3. Megaspeed is under US scrutiny over allegations of smuggling advanced Nvidia chips into China.
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BREAKING: Anthropic reportedly pushes ahead with a $1.5 Trillion IPO despite the recent AI sell-off, per FT.
The company is aiming to raise $80B-$100B ahead of a potential November listing.
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BREAKING: 🇺🇸 US offers up to $20M and possible relocation for information on Iran's nuclear facilities, equipment, scientists and their movements, per the State Department.
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BREAKING: 🇺🇸🇮🇷 Trump says the US carried out small strikes on Iran and destroyed its newly built small anti-aircraft system.
BREAKING: OpenAI has raised $11 Billion at a valuation of $1.25 Trillion, per Bloomberg.
That’s $19 Billion short of its initial $30B target at $1.4 Trillion, after investors got anxious over AI spending.
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Over $3 TRILLION was wiped out from the US stock market yesterday, one of the worst days in terms of dollar loss.
The S&P 500 crashed 4.36% and the Nasdaq 100 crashed 6.36%.
Here's how it played out minute by minute:
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BREAKING: 🇺🇸 Elon Musk says SpaceX will make more revenue this quarter than NASA’s entire annual budget.
BREAKING: Elon Musk says he is happy to cancel any SpaceX government contracts the government doesn't want.
He says less than 10% of SpaceX's money comes from the government this quarter, and it will drop below 5% in a year.
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🚨Oracle's AI deals are falling apart one by one.
Microsoft is now winding down its deal to rent AI computing power from Oracle.
This comes just two days after Oracle canceled a $7 billion deal to lease 100,000 AI chips to Tencent, after pressure from the Trump administration.
And in the same week, Oracle had to raise $20 billion to keep funding its AI buildout.
It sold $10 billion of new shares at an 11% discount, and $10 billion of bonds paying up to 8.65% interest.
That used up its entire planned funding limit through 2030. In less than a week.
The cost to insure Oracle's debt against default hit a record 3.25% a year last month.
$ORCL has crashed -26% in just last 7 trading days, and is now down 68% from its all time high.
Oracle borrowed billions to build data centers for AI. Now its biggest deals are falling apart, but the debt is still there.
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