Earnings Projections

The NPV of current service subscription contracts at all IT firms will increase solely due to the projected Fed reductions in the risk free interest rate WHEN they happen...

Rate policy has become even more important since the IT sector’s transition to the subscription business model… it’s not just banking/finance any more…

I’m seeing more and more of this. We expect 10% earnings growth over time. NOT NEXT YEAR…but AFTER we spend on AI it will CERTAINLY kick in. pic.twitter.com/QFytAIMJTF

— Brian Wesbury (@wesbury) October 16, 2025

 

 Grok:

Modern-day Yuri Gagarin becomes first Russian to receive salary in digital rubles! — Edward Slavsquat

 Russia launches the central bank's digital ruble, based on people having bank accounts at the central bank and transacting directly rather than through an intermediary bank. 

The initial response seems to be tepid on roll out.

Adoption is voluntary, at the outset at least. Time will tell whether convenience outweighs security and privacy concerns.

But CBC (central bank currency) is happening.

Edward Slavsquat's Substack
Modern-day Yuri Gagarin becomes first Russian to receive salary in digital rubles!

"Edward Slavsquat"

Riley Waggaman, a.k.a., “Edward Slavsquat,” an American journalist who has been living in Russia. Waggaman is a former RT writer/editor who has recently gone independent and writes on Substack.