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What Lies Beneath: The Developer Building a Data Center on a Former Army Dump Laced With Munitions and Carcinogens

Digital Realty paid $120 million for Atlanta-area parcels including a former Army dump with buried carcinogens and military ordnance.

DLR $60B

Hunterbrook 57m ago 3 clicks

18h ago SMTC $16B

Semtech Analyst Day Review

CV's Substack 10 clicks

21h ago DOCN $13B

DigitalOcean CEO: ‘We are not going to be extraordinarily leveraged like some others’

The Technology Letter 4 clicks

From X

@junkbondinvest 1h ago

junkbondinvestor on X

HY bonds losers from last week. Some familiar faces. $FMC $JBLU $UNIT $FUN $CRWV https://t.co/MvkKq0lssG

@junkbondinvest 1h ago

junkbondinvestor on X

$FMC bonds down 70 points in the last year. Jeez. Generics took pricing, distributors sitting on expensive inventory, and FMC now taking a $625-675mm hit to clear it Bonds down 38pts last week alone... https://t.co/CL6xOPeSfD

@hntrbrkmedia 2h ago

Hunterbrook on X

Crews at a data center construction site in Georgia unearthed incendiary white phosphorus late last year. Police sent in a bomb squad. The site: a former Army dump near Atlanta, where Digital Realty ($DLR) is building a $3 billion data center campus. https://t.co/BSLbwjk7cE

@ParadisLabs 4h ago

Paradis on X

Feels like shorting Taiwanese AI stocks is probably a good hedge right now. Positioning remains extremely elevated = highly exposed to short-term downside. Just look at how the market responded to $TSM's awesome earnings/guidance....-2.5%.

@calvinblissett 6h ago 3 clicks

Calvin Blissett on X

$CCLD. I will be interviewing the CEO of my largest position Stephen Synder in the future. Any questions you guys would like asked? If they are reasonable and good I will ask.

@ChrisCamillo 7h ago 6 clicks

Chris Camillo on X

I’ve spent a few days thinking about the Tesla Roadster reveal and landed somewhere I haven’t seen much discussion. I’m neither a Tesla fanboy nor a Tesla hater. And I couldn’t care less whether what we saw technically qualifies as a flying car. Three takeaways: (1) The risk of that live demonstration going horribly wrong was real. Almost no CEO would willingly expose their company to that kind of public humiliation for a product with so little financial upside. Elon did. (2) That willingness to attempt the seemingly impossible is what makes Tesla special. It’s also arguably Elon’s greatest contribution to America. He’s helped bring back something we’ve lost. The American spirit of chasing big scary ideas that most people think are impossible. That mindset is spreading across a new generation of founders and its long term impact on America’s future could dwarf anything Tesla ever sells. I think this is deeply underappreciated. (3) Can we just acknowledge how insanely cool that moment was? We’ve reached a strange place culturally where even extraordinary feats of human ingenuity immediately become arguments about why they don’t count. Not everything needs to be a debate. Sometimes we should just be able to stand back together and marvel at what humans are capable of. I’ve been both bullish and critical of Tesla’s ambitions over the years. But watching Elon and his team push the boundaries of what’s possible reminds me why I’m glad we have him. Whether the Roadster ever makes Tesla a dollar or impacts $TSLA stock price is almost beside the point. We need more people willing to risk failure in pursuit of things the rest of us think are impossible. Because when they succeed we all win.

@Adam_Wyden 8h ago 1 click

Adam D. Wyden on X

@DivinelyLevered @ACapitalLP @YetAnotherValue Well.. they have a $100 mm buyback in place. The float ex Roark is 66 mm and at these prices you can buy almost 15 pct. When you back out our stake and a few other chunky holders they could do some damage if they actually want to drain the swamp. $drvn

@junkbondinvest 23h ago 10 clicks

junkbondinvestor on X

$CRWV has ~$10bn of unsecured HY notes, all yielding 14-15%. There’s also another ~$11bn of converts. That’s ~$21bn of unsecured claims, sitting behind the secured debt that funds the GPUs. Here's the latest market pricing on the HY notes (converts excluded): https://t.co/vVxKgKVCRc

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LA Capital 47h ago 4 clicks

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A non-consensus thesis: the forthcoming demise of Bristol Myers Squibb.

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