THH and TC are (very) far from being homotopy functors
Elden Elmanto

TL;DR
The paper investigates how certain topological invariants of schemes, like THH and TC, behave under $A^1$-localization, revealing they are not homotopy functors and often vanish after localization.
Contribution
It computes the $A^1$-localization of THH, TC, and TP, showing these invariants are not homotopy functors and often vanish, especially in positive characteristic.
Findings
$A^1$-localization kills most invariants' completed versions.
Vanishing of $A^1$-localization of de Rham and crystalline cohomology in positive characteristic.
THH and TC are not homotopy functors after localization.
Abstract
We compute the -localization of several invariants of schemes namely, topological Hochschild homology (), topological cyclic homology () and topological periodic cyclic homology (). This procedure is quite brutal and kills the completed versions of most of these invariants. The main ingredient for the vanishing statements is the vanishing of -localization of de Rham cohomology (and, eventually, crystalline cohomology) in positive characteristics.
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