ShinyHunters breached 100+ companies. Oracle still has no fix. The bug scores 9.8, needs no password, and Oracle published an advisory instead of a patch. 300 servers are already compromised and the campaign is still running.
avax hit a new all-time low today alongside ada, dot, apt, op, fil, pol, xtz, zen. 8 alt L1s and infra tokens printing fresh lows simultaneously. capital is not rotating into alt L1s, it is leaving. same day a nasdaq-listed avax proxy ($AVAT) starts trading, the underlying sets a
Gold held its biggest gain since March after President Donald Trump said the US could sign a deal with Iran over the weekend to end the war that's rattled global markets and stoked inflation
BREAKING: The average price of US ground beef rises +13% YoY in May to a record $7.06 per pound, with prices now up +58% since 2020. Steak prices surged +16% YoY to $12.80 per pound, the 2nd-highest on record. This comes as the US cattle herd has shrunk to its lowest in 75
As has been said, industry quickly better find a better marketing slogan for A.I. than 'It's going to make your electricity a lot more expensive & then replace your job' Much more of this and the pitchforks will start to come out in earnest
Today was a good day for many of us… but it got even better tonight when we found out $NBIS $ALAB $CRWV $RKLB and $TER are being added to the Nasdaq 100 aka $QQQ. We own the first 4 names at @FirstWaveFund, each of them are up 6-7% in the overnight trading session.
ECB Governing Council member Primoz Dolenc said Thursday's interest-rate increase was necessary to keep prices in check while officials consider the broader implications of conflict in the Middle East
China is considering spending $295 billion on a data center network to boost its AI capabilities. The plan would help the nation keep up with the US in tech.
India has barred commercial consumers from buying gasoline and diesel from retail fuel stations and imposed limits on daily diesel purchases to prevent local shortages, amid disruptions to global supply chains due to the war in the Middle East.
SpaceX priced the biggest-ever US initial public offering at $135 per share, making Elon Musk's rocket and spacecraft manufacturer one of the world's most valuable companies
GDP MoM -0.1% (exp -0.1%), 3M/3M +0.7% (in line), YoY +1.2%; Trade Balance -£26.046B vs -£22.5B exp; Manufacturing MoM +0.4% vs -0.2% exp; Industrial Production YoY -0.2% vs -0.1% exp; Services MoM -0.2% vs -0.1% exp; Construction MoM +0.1% vs -0.7% exp
Few business leaders have been as deeply embedded in popular culture as Elon Musk, the ambitious entrepreneur who has become a central figure in internet culture and amassed a fortune that has made him the world's first trillionaire.
Russia's regional authorities are scrambling to dispel concerns about a gasoline crunch in the wake of Ukrainian strikes on oil infrastructure that sparked reports of shortages at some filling stations
Iran oil sanctions lifted; $24B frozen assets released during 60-day talks; Hormuz reopening within 30 days; US forces withdrawal; missile program excluded; MOU signing as early as Sunday Geneva
$900M+ in volume, with 5M+ shares traded across 1.5M+ trades. SpaceX is trading at $176/share on Hyperliquid (~$2.3T FDV), ~30% above the $135 IPO price, ahead of the IPO later today.
🎯⭕️ IDF troops completed an operation in Dabin, southern Lebanon. This area served as a significant Hezbollah stronghold used to advance & prepare terrorist attack plans and anti-tank fire against IDF troops and Israeli civilians. 50+ targets were struck, dozens of terrorist
Billionaire Leaf Li, founder of Futu, was caught off-guard when Chinese regulators slapped a $273 million penalty on his company for operating unlicensed trading services for mainland residents as part of a wider crackdown. In response, Li is accelerating a global push away from
SpaceX is really three businesses under one stock: Starlink is the profit engine, generating $11.4B in revenue and $4.4B in operating profit in 2025. Subscribers grew from 2.3M in 2023 to over 10M by early 2026.
Jeff Bezos just came out of retirement. His first CEO role since leaving Amazon. And he's building something nobody expected. It's called Prometheus. $12 billion raised. $41 billion valuation. Backed by JPMorgan, BlackRock, Goldman Sachs, and Bezos himself. 150 employees.
India's government summoned a senior US diplomat for a second time this week to protest US strikes on vessels carrying Indian crew members in the Gulf of Oman, people familiar with the matter say
Brazil's annual inflation climbed over the upper bound of the target range in May, complicating the central bank's ability to deliver additional interest rate cuts
Moderate to strong El Nino conditions are likely to prevail during India's June-September monsoon season, the weather bureau said on Friday, raising concerns about rainfall and crop prospects in the world's most populous country.
JUST IN: 🚨 GARY GENSLER FILES BRIEF ARGUING SPORTS PREDICTION MARKETS SHOULD BE REGULATED AS GAMBLING BY STATES, NOT AS FEDERALLY REGULATED SWAPS BY THE CFTC, IN KALSHI LEGAL BATTLE THAT COULD REACH US SUPREME COURT
"Iran has never won a war or lost a negotiation" - Donald Trump, 2020 [QT @GuyAz: According to reports from Iran, the proposed deal may be even more scandalous than what was reported last night. Iran's Mehr News Agency, citing a source close to the Iranian negotiating team, claims the draft Memorandum of Understanding (MOU) between the United States and Iran]
umbra privacy tried to raise $750k on metadao and closed with $155m in commitments. 206x oversubscribed. this happened while solana was down 32%. the entire protocol runs on arcium's MPC infrastructure. coinbase added ARX to their asset roadmap june 9.
BREAKING: The SpaceX, $SPCX, IPO is now receiving first indications as the Nasdaq window opens. Details include: 1. First indications are coming in at $175/share 2. This implies a ~30% jump from the $135/share offer price 3. The IPO has drawn $350 billion in total demand,
Trump Truth Social: leaked terms 'nothing to do with' written agreement; Iran 'very dishonorable people'; Fars News: Geneva Sunday signing 'pure falsehood'; Iran Foreign Ministry: 'no final decision yet'; Iran Noornews: MOU not finalized
美伊双方在协议文本上出现公开、正面冲突,双方版本完全相互矛盾,显示协议极其脆弱甚至已实质破裂;若协议破裂,此前已定价的和平红利(油价下行、黄金稳定、霍尔木兹重开预期)将面临全面逆转;特朗普措辞之严厉("dishonorable"、"no good faith")大幅超出外交惯例,谈判崩溃概率显著上升。
BREAKING: President Trump says the deal terms that Iran "leaked" have "nothing to do with the terms that were agreed to" and Iranian leaders are "very dishonorable people to deal with." "With them, there is no such thing as dealing in good faith," Trump says.
U.S. Navy warships and air assets continue to patrol regional waters enforcing the blockade against Iran. As of today, U.S. forces have redirected 136 commercial vessels and disabled 9 to ensure compliance.
The total barrel drawdown of the strategic petroleum reserve is still way lower than 2022, but the rate of drawdown in 2 months has hit a new record. [QT @JeffWeniger: 60 million barrels of oil have exited the US Strategic Petroleum Reserve in the last 8 weeks, exceeding the draws from the Gulf War, the 2000 winter supply scare, the 2011 Libya reaction and even the 2022 pace. With energy comprising 3.5% of the S&P 500, the typical investor has...]
7M bbl/day flowing through Hormuz; ~50% of pre-blockade volumes; refined fuel exports rebounding; Energy Secretary Chris Wright; US forces cover-of-darkness escort
Roughly 7 million barrels of daily oil and fuel shipments are flowing through the Strait of Hormuz, or about half of the volumes stranded at the start of the Iran war, said US Energy Secretary Chris Wright.
Wow. [QT @gbrew24: This was widely rumored during the war, but has now been publicly confirmed: Qatar struck a deal with Iran, shutting down gas production, in exchange for an agreement that Iran would refrain from further strikes on Ras Laffan.]
Israel Defence Minister Katz: expects Trump to hold 'Iran won't be nuclear' line; won't leave Lebanon/Syria/Gaza security zones; must preserve independent strike capability
Israeli Defence Minister: Israel expects Trump to stand firm on the Iran nuclear principle, but Israel must ensure it can act independently to prevent Iran from obtaining nuclear weapons - Post On X.
Exxon is studying potential acquisition targets including Australia's Woodside Energy Group, as the US giant eyes options to deepen its presence in liquefied natural gas and Asian markets
Crude-oil prices drop further; Pakistan PM Shehbaz: 'final, agreed upon text of the peace deal has been reached'; 'working closely with both sides to finalize the next steps'
SpaceX is currently the 6th largest US company with a market cap of $2.3 trillion. There are now a record 12 US publicly traded companies with a market cap above $1 trillion. $SPCX
We finally got $SPCX volume, $35b so far which I believe already makes most ever for an IPO and by far the most active name on day. My $58b guess looking ok, maybe a touch high. The all-time volume record for any stock any day is held by $TSLA which once did $158b at end of 2020.
Pakistan PM Shehbaz (mediator): 'final, agreed upon text of the peace deal has been reached'; 'Pakistan working closely with both sides to finalize the next steps'; 'Peace has never been this close'
BREAKING: Pakistan's Prime Minister Shehbaz announces that a final agreed upon text of a peace deal between the US and Iran has been reached. 'Pakistan is now working closely with both sides to finalize the next steps. Peace has never been this close as it is now,' he says.
SpaceX decided to rent out the full capacity of its Colossus 1 data center in Memphis to Anthropic after encountering technical challenges using the facility to develop and run its Grok artificial intelligence models
Western allies believe Iran has most likely added new-build Russian weapons to its inventory and reconstituted large swathes of its missile arsenal during the eight-week ceasefire.
Google: 'biggest change to search business in more than two decades'; AI-generated answers + conversational search natively integrated; Nick Fox SVP confirmation
Google is making the biggest change to its search business in more than two decades, integrating AI-generated answers and conversational search directly into its search product. Wall Street Week spoke with Nick Fox, Google's SVP of knowledge and information
Retail outflows: 3 consecutive days (first since 2020 pandemic); Monday = highest single-day outflow since November 2023; Semis + AI stocks = hardest hit
Retail investors are moving to the sidelines: Retail investors sold stocks for 3 consecutive days ending Wednesday, the first such streak since the 2020 pandemic. On Monday alone, retail outflows were the highest since November 2023. Semiconductors and AI-related stocks saw
Lebanon included in ceasefire framework; Israel withdrawal from occupied Lebanese territory; Lebanese army returns south of Litani River; Araghchi + Hezbollah confirmation
Iran's Foreign Minister Araghchi: Both sides will respect each other's sovereignty. After 47 years, the US respects Iran's sovereignty for the first time and will not interfere in Iran's internal affairs.
imagine being the one sending this... i'd be shaking like a shitting dog [QT @coinbase: The largest USDC transfer in history. ~$4.4B sent to the Coinbase Hyperliquid deployer.]
The US Justice Department has closed its antitrust probe into the $110 billion merger of Paramount Skydance Corp. and Warner Bros. Discovery Inc., according to people familiar with the decision
JUST IN: STANDARD CHARTERED GLOBAL HEAD OF DIGITAL ASSETS RESEARCH GEOFFREY KENDRICK SAYS $BTC HAS LIKELY FOUND ITS CYCLE BOTTOM AT $59,000, MARKING END OF LATEST CRYPTO WINTER
SpaceX sold 555 million shares in its IPO. Today, over 517 million shares were traded. Nearly an entire IPO's worth of stock changed hands in a single day. $SPCX
Blasts at Sirik port + Qeshm island; Iran state broadcaster IRIB confirms link to warning shots in Strait of Hormuz; no land explosions detected; June 12, 2026
First lady Melania Trump and Treasury Secretary Scott Bessent on Thursday announced the launch of Fostering the Future Accounts, a spinoff of the Trump Accounts investment funds meant to give $1,000 to every newborn whose parent opens one.
Wow. My takeaway is that OpenAI is subsidizing power users at almost 2x Anthropic's rate. This can't be sustainable. [QT @SemiAnalysis_: Recently, we purchased one of each Anthropic/OpenAI subscription plan and randomly ran long horizon coding tasks until we exhausted the weekly limit. It's widely believed that a $200/month plan maxes out at ~$2000/month worth of tokens (assuming API pricing). However, we found...]
In the wake of all the 2021 IPO run there were some truly incredible opportunities. RKLB went to $2, all of insuretech/fintech destroyed (Hood, Coin), all of the current data center complex -95% vs today. For every SpaceX there will be 10 fast follow IPOs, SPACs, RTOs that are
New: Venezuelan opposition leader @leopoldolopez tells me the government of Delcy Rodriguez recently raided and destroyed his home: "After I supported the deployment of the U.S. Navy to remove Maduro…they went into my house - the only property I have in Venezuela - and they
AI exploits drained $600M from DeFi. Coinbase's agent now trades and spends. It pays for premium research with no login and no subscription, using a protocol that cleared 75M transactions in 30 days.
South Korean stocks jumped on Friday as risk appetite improved after President Donald Trump said the US was nearing an agreement with Iran to end the war
The man accused of setting the Los Angeles Palisades Fire asked ChatGPT to create images of a city engulfed in flames and floods, and cursed at chatbot when it told him what he envisioned was too violent, jurors were told at his trial
EC workflows are increasingly defined by the connections between tools, not the tools themselves. Agentic AI has the potential to streamline everything from early design exploration to visualization by orchestrating work across applications, reducing friction and accelerating
MediaTek shares are poised for their best quarter on record, as investors bet a shift into AI chips can help it shed the overhang of its struggling older-tech business
Investors across Asia have been largely shut out of the world's largest-ever IPO, forcing them to find creative ways to make bets on SpaceX's $75 billion global spectacle
The 'Dumpling Alliance' burst to life during Covid, a nifty description for an informal collective of Eastern European states supporting Taiwan. Just a few years later, it's hard to find a mention of it anywhere.
Most yield protocols need incentives to stay competitive. ftUSD doesn't. ▪️ 38.81% APY on Sonic ▪️ 7.86% APY on Ethereum No emissions. No rewards farming. Returns are powered by @flyingtulip_ delta-neutral strategy, combined with additional yield generated from idle ftUSD
President Donald Trump opened three marine protected areas in the Pacific Ocean to commercial fishing with a proclamation on Thursday that he said will boost the U.S. seafood industry.
Copper rebounded from its lowest close since mid-May after President Donald Trump claimed the US was on the cusp of ending the war with Iran that's threatening the global economy
The Trump administration declared a power emergency in the southeastern US as forecasters warned of dangerous heat that's likely to stress power grids along the country's east coast
Retail proxy for front month WTI with roll. Chest thump warranted on a -17% drawdown after a near double? Oh one more thing -- the short interest on this $1 bn+ ETF is 145% of units outstanding. 145%. So retail is absurdly net short through an ETF that was meant to give
Chinese robotics startup EngineAI has filed confidentially for a Hong Kong IPO, sources say, joining a legion of companies in the sector seeking funding
Trump's Iran talks are being slowed by a cumbersome process in which messages take days to move back and forth, often involving human couriers on the Iranian side to conceal the whereabouts of Supreme Leader Mojtaba Khamenei.
Princess Bajrakitiyabha Narendira Debyavati; died age 47; Thailand; King Maha Vajiralongkorn's eldest daughter; Bureau of the Royal Household confirmed
Thai Princess Bajrakitiyabha Narendira Debyavati, an advocate for prison reform and the eldest daughter of King Maha Vajiralongkorn, has died, according to the Bureau of the Royal Household
Woah, $NBIS, $ALAB, and $RKLB got added to Nasdaq 100! Fun to see both Astera, Rocketlab and Weebius grow up from being small companies… Into the largest ones on Nasdaq
Lloyds became the latest borrower to sell bonds in the booming Samurai market, where issuance has reached the highest level since fiscal year 2015 amid strong demand from yield-seeking investors
Fine for users… but if you're selling high end AI, thats an issue. Chinese open source models are already good enough for a lot of use cases, and that's where pricing power gets eroded. Moore's law may hold but doesn't tell you who captures the value
The support rate for South Korean President Lee Jae Myung fell to a six-month low despite his party's recent victories in local elections, as voters express frustration over ballot shortages reported at dozens of polling stations
The House defeated a proposal to extend a crucial intelligence-gathering authority. Democrats did it to spite President Trump, and the real loser is American security.
Indonesian authorities will deploy thousands of police and soldiers ahead of a planned protest by students, who are angry at the rising cost of living and want President Prabowo Subianto to rein in big-ticket spending and revive the economy
geodnet trading at $75m market cap, the same level multicoin entered their $8m strategic round. since then ARR grew from $5m to $7.3m. kyle samani pitched it at the all-in liquidity summit yesterday. 80% of revenue flows into buybacks and burns, last week's burn offset 82% of new
Introducing the Buy-Side Equity Research SOP on xBubble. State a ticker. Get a research memo built to the standard of an internal buy-side note. Thesis first, every number sourced to the original filing. One request in. A full equity deep dive out.
Iranian oil shipments to China, a resilient trade that's survived years of US sanctions to provide a crucial economic lifeline to Tehran, is coming under huge strain from waning demand and an American blockade
China has told big state-owned banks to reduce their lending in the interbank market, according to sources, in an effort to prevent borrowing costs from drifting too far below the policy interest rate
Germany's Infineon is preparing to open its largest single investment, a €5 billion semiconductor factory built with the help of European Union subsidies, as the bloc seeks to boost chip production.
A Bloomberg survey of governments shows a flurry of AI strategies, new ministers, pilot projects — and coordinated efforts to be free from US-China dependency
Dreame Technology, a Chinese maker of robotic vacuum cleaners and other smart home appliances, is considering a Hong Kong initial public offering as soon as next year, sources say
Lenders poured money into Bob Bull's mobile home empire and made him very rich. The business collapsed owing at least $2 billion, and creditors are asking where the money went
A robust defense and security policy was supposed to be Keir Starmer's legacy. It looks more like a millstone now after John Healey's resignation, writes Martin Ivens
China warned communities in its northwestern Xinjiang and nearby regions on Friday to prepare for 'extreme floods' this summer, driven by abnormally high temperatures, heavy rainfall, and rapid glacier melt.
Just some reflection, my core high conviction ideas from 2025 aged super well! From $ALAB: $97->$372 $LITE: $330 ->$904 $AAOI: $30 ->$175 And others like $NBIS, $RKLB, and $TSM! I entered $ALAB, $NBIS, $TSM, and $LITE because of Mag7 funneling revenue numbers into them. Lite uniquely because of its role in GOOGL TPU v7, AMZN Trainium v3/4, and NVDA Blackwell.
At Box, we just surveyed 1,640 IT leaders across the US, Japan, and Europe about agentic AI adoption. Many standout findings, but a big one was that the companies that adopted AI the most are planning to grow headcount the most.
Competitive Local Exchange Carriers had deeply negative operating cash flows in 1999. Zero CLECs were in S&P 500. Vendor cash propped CLECs up until it stopped. Firms like CD&R invested near the end in convertible preferred stock allowing CLECs to PIK.
Chinese city government financial disclosure order re: Dreame Technology; State Council simultaneous directive; China startup capital 'speed bump'; within hours of each other last Friday
The rush of capital into China's tech start-up world hit a speed bump this month. Within hours of each other last Friday, a Chinese city government ordered companies to disclose their financial ties to robot vacuum maker Dreame Technology, and China's State Council issued
metronome dao holds $14m in assets and generated $11m in annualized revenue. market cap is $6.7m. you are paying $0.48 for every $1 of protocol-owned assets while MET lockers collected 150% APR from real swap fees on base and plasma. no emissions subsidy, no token incentive
Britain's economy contracted by 0.1% in April, its first monthly drop since August as the Iran war's cancellation of Formula 1 Grand Prix races and other Gulf sporting events delivered a heavy blow to the British entertainments industry.
The head of Taiwan's TSMC, the world's largest contract chipmaker, said that what his company lacks most is talent, while also worrying about water shortages.
The US military is reviving its jungle training school in Panama after a 25-year hiatus. It's part of President Donald Trump's aggressive push to secure 'American dominance' in the region
ECB rate hike this week; oil jump shifting to other prices; no second-round wage effects observed; no precommitment to rate path; 2% medium-term inflation target reaffirmed
Germany Q2 momentum slowed noticeably; no labour demand upturn expected even in summer; recovery 'in small steps at best'; contingent on Middle East conflict + energy + commodity prices
CME Group is launching 24/7 trading for its existing 1-Ounce Gold futures starting July 26, and introducing a new 10-Barrel WTI Crude Oil contract with 24/7 access on August 30.
backpack staking hit 60% of supply with a hard 12 month reset if you unstake. 600m tokens locked competing for 20% equity in a company raising at $1b. at $66.5m market cap the entire token float is priced below the equity pool reserved for stakers. 0% insider allocation at TGE,
MICHAEL SAYLOR: "I HAVEN'T SOLD A SAT." [QT @scottmelker: UPDATE: MICHAEL SAYLOR SAYS "I SAID TO YOU TO NEVER SELL YOUR BITCOIN. I NEVER SAID THAT THE COMPANY WOULD NEVER SELL ITS BITCOIN."]
The huge cash-raising exercises this year, including the historic SpaceX IPO, come against a backdrop of a record amount of cash in money markets - now nearly $8 trillion. This cash pile is helping to support a lot of the recent technological buildout.
Poland MPC member Dabrowski: soft inflation creates chance for easing in 2026; avoiding hikes increasingly optimistic
在欧洲多国央行偏鹰的背景下,波兰通胀温和提供差异化宽松空间,为东欧货币政策分化添加新案例。
Polish central bankers are increasingly optimistic they can avoid interest-rate hikes as soft inflation creates a chance for easing this year, according to Monetary Policy Council member Ireneusz Dabrowski
POOL: What do you think Day One volume will be for $SPCX? I'm going with $58b. (for context $BABA and $META each did about $25b on their respective Day Ones and more recently Cerebras did $11b).
Prime Minister Keir Starmer insisted he would not stand down, after the resignation of the UK's defense secretary revealed the extent of a split in the ruling Labour government over plans to increase military spending
MICHAEL SAYLOR: "STRATEGY IS STILL STACKING." [QT @scottmelker: UPDATE: MICHAEL SAYLOR SAYS "I SAID TO YOU TO NEVER SELL YOUR BITCOIN. I NEVER SAID THAT THE COMPANY WOULD NEVER SELL ITS BITCOIN."]
ECB Kazimir: rate-hike mission not yet complete; second-round effects lurking and will materialize; June inflation data decisive for July; can't exclude restrictive policy; energy surge seeping into core inflation is dangerous
Great to see the continued surge of open intelligence. We need more of it. Much more. We need an open revolution. [QT @Kimi_Moonshot: 🌘 Kimi-K2.7-Code, our latest coding model, is now released and open-sourced! 🔷 Improved coding & agent performance over K2.6: +21.8% on Kimi Code Bench v2, +11.0% on Program Bench, and +31.5% on MLS Bench Lite. 🔷 Reasoning efficiency: Less overthinking, with 30% lower reasoning tokens]
South Korean 🇰🇷 memory chipmaker SK Hynix is reportedly looking to choose the Nasdaq for its planned 🇺🇸 listing The planned listing could come as early as this August - Reuters
Performance-based deal; nuclear material destroyed and removed; nuclear program dismantled; no funds released until Iran performs; Hormuz open; no terrorism funding — Senior White House Official
Fox News anchor on Iran Deal, citing White House Official: Nuclear material will be destroyed and removed; Nuclear program will be dismantled; None of their money released until they perform; Strait of Hormuz will be open; No Iran funding of terrorist groups
Sam Bankman-Fried lost his bid to have his fraud conviction overturned [QT @Kalshi_Crypto: BREAKING: FTX Founder Sam Bankman-Fried loses bid to overturn fraud conviction, 25-year prison sentence; 35% chance he's pardoned by President Trump]
A rates-product executive at Goldman Sachs said traders are positioned correctly for the Federal Reserve to raise interest rates to combat a surge in war-driven inflation.
Frontier LLMs (Google/OpenAI/Anthropic) > OpenEvidence + UpToDate; 3/3 evaluations; 12 US clinicians; randomized + blinded; result described as 'not anticipated'
There has been a push to use OpenEvidence AI for doctors. But this paper suggests general models are much better: 'Frontier LLMs outperformed clinical AI tools in all three evaluations. Clinical AI tools performed comparably to auto-enabled Google Search AI Overview on the RCQ.'
Uber is reaching out to parties interested in Delivery Hero's regional businesses as it works toward a takeover of the German food delivery company that would get regulatory approval, people with knowledge of the matter said.
Ken Leech, the former co-chief investment officer at Western Asset Management, will plead guilty in a case related to allegations that he fraudulently assigned winning trades to favored clients while forcing others to take losses.
SpaceX IPO listing: June 12, 2026; Fidelity anti-flip window: 15 calendar days pre-listing; cascading penalties on violation; Charles Schwab: no anti-flip rule
Bill Hughes (ex-Consensys) joins RoboStrategy Advisors; US National Robotics Strategy: currently absent, 'will soon' exist; embodied AI + humanoid robotics policy vacuum
Bill was an important player in shaping Blockchain policy in DC/Consensys. Excited for him to be joining us at @RoboStrategy to lead our government policy work. The US doesn't yet have a National robotics strategy, but it will soon and getting it right is important for the future
Rep. Mike Kelly (R) just filed a sale of up to $50,000 of $BMY. Kelly sits on the House Ways & Means Subcommittee on Health. That subcommittee makes the Medicare laws that control how much the government pays for prescription drugs
Automakers Volkswagen, Stellantis and Renault, which account for about 60% of Europe's car output, are urging the EU to adopt a simple 'Made in Europe' rule and stronger incentives to boost local production.
"So it's a ban plus other measures?" On this week's show Culture Secretary @lisanandy told @Peston the government are looking at what other measures are needed alongside a social media ban for under 16s to make that ban "safe" and "effective"
Rhode Island joined the growing ranks of states with a millionaire tax, moving to shore up its budget in spite of warnings that the departure of even a few wealthy residents would hurt the nation's smallest state.
Renewable energy groups asked a federal judge to order the US Defense Department to lift its freeze on approvals of wind energy projects that has threatened billions of dollars of investments.
South African President Cyril Ramaphosa asked the High Court to halt a parliamentary inquiry into whether he should be impeached over his handling of a robbery at his wildlife ranch.
Romanian prime minister nominee Eugen Tomac failed to secure the endorsement of a second pro-European party, clouding his election prospects in the country's fractious parliament.
Single cortical neuron: cats vs dogs classification, spoken word recognition, 10-bit parity; new measurement method; tasks previously thought to require entire networks
Quite interesting thread on capabilities of real biological neurons (spoiler: they're way more capable than classical artificial neurons in a perceptron). Nice work @IdoAizenbud and collaborators!
Ken Leech; former co-CIO Western Asset Management; guilty plea confirmed; single count: obstruction of SEC probe (not direct fraud); cherry-picking investment-fraud case
Bond investor Ken Leech pleads guilty to a single charge of obstructing an SEC probe, in connection with an alleged cherry-picking investment-fraud case
CENTCOM largest-ever training exercise; 10 countries + 10 US National Guard units; 350+ military personnel; 2-week duration; central and south Asian nations
Today, CENTCOM completed its largest training exercise with central and south Asian nations. More than 350 military personnel from 10 countries and 10 U.S. National Guard units participated. The two-week event built relationships and fostered trust among partners.
The White House is rapidly pushing forward with its longtime campaign for drastically lower interest rates to ensure Fed Chair Kevin Warsh gets the message as his first policymaking meeting looms.
European Union countries agreed on Friday to restrict the circumstances in which the bloc can suspend its carbon emissions fee on imports, potentially helping to provide more certainty for low-carbon investments in the bloc.
The maker of Jeep sport-utility vehicles announced a recall this week, which applies to one million Wranglers and Gladiators manufactured between 2021 and 2025, because they might catch fire
Canadian Prime Minister Mark Carney said the countries signed an agreement to share classified information across defense, space, artificial intelligence and aerospace sectors
President Donald Trump announced Thursday his plans to nominate Jay Clayton as director of national intelligence. The choice comes as lawmakers refused to extend a key surveillance tool over privacy concerns and questions about the qualifications of the interim intelligence
Mark Zuckerberg and Meta Platforms $META plan to clamp down on skyrocketing AI costs inside the company by imposing limits on employees' token usage. Meta is building an internal platform to track employee AI usage and spending in real time - The Information
The shape of the graph is getting very familiar. [QT @EpochAIResearch: Claude Fable 5 scores very well on FrontierMath: Tiers 1–4 (v2), reaching 87% on Tiers 1–3 and 88% on Tier 4. This continues a streak of Anthropic models improving rapidly at math.]
The Trump administration is making another move into venture-style investing, taking equity stakes in nine quantum computing companies. IBM, the largest recipient of the investment, thinks that quantum systems could eventually solve problems that remain beyond the reach of
Goldman Sachs and Morgan Stanley are each projected to earn over $100 million in fees from a potential SpaceX IPO, according to The Wall Street Journal.
U.S. forces continue to strictly enforce the blockade against Iran. CENTCOM has redirected 139 compliant commercial ships and disabled 9 non-compliant vessels since April 13.
Araghchi: 'Interim deal is the first step; if not implemented, there will be no nuclear talks'; hard conditionality linking Stage 1 execution to Stage 2 nuclear talks
雪佛龙CEO Mike Wirth表示,尽管伊朗冲突引发史无前例的全球能源市场混乱,公司仍对扩大中东业务布局持开放态度
Chevron CEO Mike Wirth: open to expanding Middle East footprint; despite ongoing Iran conflict triggering unprecedented global energy market disruption
Chevron is open to expanding its Middle East footprint despite the ongoing Iran conflict that has triggered an unprecedented disruption of global energy markets, said Chief Executive Officer Mike Wirth
powerful & cool way to navigate a website, makes it feel so much more interactive and intuitive [QT @OpenAIDevs: Ask our developer docs. They'll show you the way. The new docs agent on platform.openai.com helps you find answers about OpenAI products and takes you directly to the relevant documentation.]
10 months later, I gave Claude Code with Fable the same brief, asking it to construct SimRefinery from surviving screenshots and documentation. Fully playable, with a learning mode & all sorts of sophistication. Look at the difference from the old version!
Private-equity executive Matt Holt's investment firm Thoreau Group is in advanced talks to acquire Ensemble Health Partners in a deal valuing the company at about $12 billion, according to people familiar with the matter
Russian President Vladimir Putin said his country is expanding a constellation of domestically produced satellites as he vowed to step up strikes on Ukrainian infrastructure (translation via AP)
A Florida oil trading house that was set to dispatch the largest US fuel shipment to Cuba since 1960 is shelving plans after the Trump administration ramps up pressure on the island
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Computing is undergoing its biggest shift in 60 years. Our CEO Jensen Huang explains why the world is moving from retrieval to generation—expanding what humanity can build, discover, and solve. This shift represents a multi trillion dollar opportunity across the 5 layer AI cake
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Nvidia $NVDA just posted this today: "NVIDIA's partnership with SpaceX spans nearly a decade, from hand-delivering the world's first NVIDIA DGX-1 supercomputer in 2016 to the custom DGX Spark handoff at Starbase. Together, we've been pushing the boundaries of accelerated"
Petroleos Mexicanos' new chief executive Juan Carlos Carpio is expected to visit Brazil this month as the company explores a deal with Brazil's Petroleo Brasileiro to explore for oil in the Gulf of Mexico, Petrobras' boss said
The Island of Sazan is a jewel in the Adriatic Sea, the westernmost point of Albania. The former Cold War-era base is now in a vibrant nature preserve. Sazan is also an inviting prospect for real estate developers — chief among them, Ivanka Trump and her husband, Jared Kushner.