The Apple AI Strategy: Discipline Over Hype Authored by Michael Lebowtiz via RealInvestmentAdvice.com, While tech giants invest billions in AI, Apple executives are quietly sitting on their hands and a mountain of cash. Given the massive growth in AI investments, as shown in the graphs below, executives of leading companies at the forefront of AI […]
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Blue Owl Stock Slides After Moody’s Cuts Outlook To “Negative” On Surging Redemption Requests Blue Owl stocks is getting slammed this morning, erasing all early gains, after Moody’s Ratings cut its outlook on a $36-billion Blue Owl non-traded fund to “negative” from “stable” on Tuesday, citing redemption requests that were significantly higher than at peers in
10Y Auction Tails As Foreign Demand Dips After yesterday’s impressive 3Y auction, moments ago the Treasury sold $39 billion in benchmark, 10Y paper, in what was a mediocre auction. The auction, a 9-Year 10-Month reopening of cusip CPX8, stopped at a high yield of 4.282%, up from 4.217% last month and the highest since last
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Watch Live: White House Addresses Fragile Iran Truce All eyes are on the very shaky Iran ceasefire, at a moment Tehran is already threatening to pull out due to heavy Israeli attacks on Lebanon. Iran says it has again halted Hormuz oil transit, and there’s much that’s still up in the air and uncertain. The
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Eric Swalwell About To Be Hit With ‘Shocking’ Number Of Sexual Harassment Allegations; Report Authored by Debra Heine via American Greatness, A “shocking” number of former female employees and interns are preparing to come forward to accuse Rep. Eric Swalwell (|D-Calif.) of sexual misconduct, according to a Democrat activist. Cheyenne Hunt, a lawyer, former congressional
US, Israel Insist Iran Ceasefire Doesn’t Apply In Lebanon, Which Suffers Huge Airstrikes Israel has made clear that it doesn’t see the newly declared US-Iran ceasefire as applying to its war in Lebanon, where it is still trying to destroy Hezbollah. The White House too has made its stance clear that it doesn’t apply, but
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Anthropic Withholds Latest Model After It Went Rogue In Testing; Launches “Project Glasswing” To Secure Critical Software Still smarting from its embarrassing source code leak, Anthropic announced it will not release its latest frontier AI model, Mythos, to the public, saying the model is too powerful in ways that introduce elevated cybersecurity risk. In internal testing,
Delta Air Lines Erases All ‘Epic Fury’ Losses As In-House Refinery Cushions Fuel Shock Delta Air Lines soared in premarket trading on a combination of the U.S.-Iran ceasefire and stronger-than-expected first-quarter results, with the carrier’s in-house refinery helping to lower the average jet fuel price for its fleet in the first quarter, making it appear
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Nobody Knows What Will Happen Next By Michael Every and Bas van Geffen of Rabobank Ceasefire Yesterday, the US and Iran threatened to, respectively, “destroy Iranian civilisation” with “new tools” and other countries in the Gulf with old ones. Ahead of the 8PM deadline that Trump had set for “Bridge and Power Plant Day,” US
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Iran Gives Approved Hormuz Shippers “Few Seconds” To Submit Payment In Bitcoin Iran plans to require shipping companies to pay transit tolls in Bitcoin for vessels passing through the Strait of Hormuz, according to a Financial Times report. As Micah Zimmerman reports for BitcoinMagazine.com, this links bitcoin to one of the world’s most critical energy corridors and current
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