SpaceX's $250 billion swing in market value this past week put Elon Musk back in grind mode, having to execute on highflying promises, writes the WSJ's @timkhiggins
There have been growing warnings about the state of US weapons stockpiles as the US military attacks Iran and repels its drone and missile strikes on American bases in the region
A new regional bloc has been forming in the greater Middle East, but it isn't the Saudi-Israeli-Emirati alliance the U.S. wanted. Call it the Mecca Accords, a joint defense agreement signed by Saudi Arabia, Turkey and Pakistan on Friday.
High debt. Rising rates. Big trouble. 🚨 Latest data on household debt to GDP and mortgage rates show mounting stress across several developed economies. Countries with the heaviest household leverage..Switzerland (123%), Australia (113%), and Canada (101%)..are entering a more
China unleashed its broadest package of trade countermeasures since last October's truce, pushing back against a string of recent U.S. restrictions before President Xi Jinping's expected visit to Washington next month.
Chinese AI chip designer Moore Threads plans to list in Hong Kong at an "appropriate time" after a 420% share surge since its Shanghai debut last year.
Texas froze new data center grid connections this week; demand = 5x state power capacity; Samsung Heavy Industries floating data centre design contract
Data centres asked Texas for 5 times its power. The state froze new connections this week. Samsung Heavy Industries had just agreed to design floating data centres there.
Here is every stock in the NASDAQ 100 that has more than doubled so far in 2026: Sandisk $SNDK +411% 🟢 Micron $MU +207% 🟢 Intel $INTC +175% 🟢 ARM Holdings $ARM +159% 🟢 Marvell $MRVL +157% 🟢 Western Digital $WDC +152% 🟢 Lumentum $LITE +142% 🟢 AMD $AMD +126% 🟢 Nebius $NBIS
affected Coldcards generated seeds with a deterministic PRNG, limiting the weakness to those seeds. the confirmed 1,719 BTC set equals 0.0082% of Bitcoin's cap, BTC closed 0.22% higher from July 30 to August 8. so Coldcard trust takes the hit while BTC impact stays near-neutral.
"Poised to be a grand slam." @phoronix on 6th Gen AMD EPYC "Venice" - and on the numbers behind it: "decisive wins over the Intel Xeon and ARM server CPU competition." 256 Zen 6 cores, built for the agentic era.
BREAKING: President Trump has been floating the idea privately to senior aides that he's willing to "walk away" from the Iran War without a nuclear deal should Iran fully reopen the Strait of Hormuz, per WSJ.
Berkshire Hathaway said it began reducing its enormous stockpile of cash in the second quarter, investing billions of dollars in stocks such as Alphabet and repurchasing billions of its own
BREAKING: Global equity funds attracted +$21.2 billion in inflows in the week ending August 5th. This follows +$27.7 billion in inflows the week prior and marks the 11th consecutive weekly inflow. European equity funds led with +$12.5 billion in inflows, the largest weekly
Chinese models are 41% of Hugging Face downloads. When OpenAI models breached its infrastructure, US commercial models refused to read the logs. A Chinese open model did the forensics.
S&P 500 Q2 earnings are on pace to rise 50% YoY, the highest growth rate since Q2 2021. We've never seen earnings growth this high outside of post-recessionary rebounds. This is an unprecedented boom fueled by massive EPS gains in big tech, including markups in SpaceX/Anthropic.
"SM-3 Block IIA (64 months), THAAD (53 months), SM-6 (53 months), and PAC-3 MSE (42 months) all require 3.5 to 5.5 years from contract award to lot completion." The US Military Just Spent Half Its Stock on Iran.
New labor data shows the U.S. economy lost 23,000 jobs in July, when economists had predicted modest growth. Revised numbers for May and June also show 103,000 fewer jobs created than originally reported. The unemployment rate ticked down, from 4.2% to 4.1%, a function of fewer
to put ai progress in perspective: 9 months ago: most developers wrote code by hand now: misaligned multi-agent swarm finding and collaborating on 0-days undetected (OpenAI/hugging face) 9 months in the future likely much crazier
Last week, more than 70,000 migrants from Morocco arrived on the shores of Ceuta, a Spanish territory in North Africa. It appeared to be a coordinated event. So who was behind it? I discussed with @anneapplebaum of @TheAtlantic:
10 years ago: 30-yr mortgage rate was 3.4% & median existing home price in the US was $250k Today: 30-yr mortgage rate is 6.7% & median existing home price is $446k Result: $39k increase in down payment (assume 20% down) & 160% increase in monthly payment (from $887 to $2,302)
What happened to that peace agreement and 'open Strait' last Wednesday? [QT @Osint613: Yemen's Houthis released footage showing ballistic missile and drone launches against Saudi oil infrastructure and weapons depots.]
Hedge funds are rapidly unwinding their bearish Yen bets following US-Japan FX intervention: Leveraged funds cut their net short Yen positions by -74,440 contracts, to 63,600 contracts, over the 5 weeks ending August 4th, according to CFTC data. This was one of the sharpest
BREAKING: Unrealized losses on domestic bond holdings for Japan's 4 largest life insurers rose +7% in Q2 2026, to a record $96 billion. All 4 insurers, Nippon Life, Daiichi Life, Sumitomo Life, and Meiji Yasuda, reported increases in paper losses. This marks the 7th consecutive
Margin debt +~50% YoY; June 2026 record peak; FINRA data; series charted from July 2007 prior peak to June 2026; low overall market volatility backdrop
Amid a backdrop of relatively low overall market volatility, the amounts of leverage being used has surged to record highs, rising nearly 50% in the past year. Below is FINRA's margin debt series going from the peak in July 2007 through the latest peak in June 2026.
U.S. Sailors stand watch on the bridge of USS Ross (DDG 71). Ross is one of over 20 U.S. warships deployed to the Middle East supporting military missions, including strict enforcement of the U.S. blockade against Iran. As of Aug. 9, CENTCOM has redirected 55 commercial vessels,
As always everyone is blind staring at the progress of LLMs for coding and chat. But meanwhile the new SOTA video model Seedance 2.5 has been slowly rolling out and it's really quite exceptional. It's made by ByteDance (TikTok) who of course have lots of training data.
Immigration and Customs Enforcement said Saturday it expects every officer and agent in the field to be equipped with a body camera by the end of August, a rapid expansion that could provide an unprecedented visual record of the federal government's immigration enforcement
A recent study by Stanford researchers benchmarked 32 foundation models on a diverse suite of 41 pathology tasks!! Here's what they found: 1. Pathology-specific vision models (Path-VM) outperform pathology-specific vision-language models (Path-VLM). Perhaps this reflects that
Wall Street is paying less attention to the Magnificent 7: Monthly mentions of the "Magnificent Seven" across news stories on the Bloomberg terminal are down to ~1,400, near the lowest since Q4 2023. This marks a -70% decline from the Q1 2024 peak of ~4,300 mentions, which came
$AAOI cited +20-40% demand imbalance for transceivers (with lasers as the bottleneck). $MTSI saying many "Customers are coming to us with..." Using 10% of Win's wafer capacity as a low-end allocation (65% yield assumption, $50-$75 ASP): Sivers would support $341-$512M worth of annual array revenue.
Jared Kushner's ambitious plans to bring a luxury tourist resort to Albania have become complicated by local villagers, a suspected gangster—and the country's murky communist past.
What he's insinuating is that because U4 and U5 are falling alongside U3, the decline in unemployment must reflect genuine improvement rather than people slipping out of the labor force. But that conclusion doesn't follow from the chart. U3, U4 and U5 are stock measures built
Welcome to August 8, 2026 The Singularity is teaching itself, and the curriculum is getting spicy. Poetiq argued that recursive self-improvement is the fastest path to superintelligence, unveiling its "self-optimizing"
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
No ETH scarcity trade yet. EIP-8363, not 8361, is an open draft while 2.44m ETH waits to enter staking and the exit queue is empty. At its baseline, it'd cut regular yield from about 2.6% to 1.2%. Keep ETH productive, skip the ETH/BTC long while this is still paperwork.
British Columbia declared a provincial state of emergency on Saturday as wildfires burned across western Canada, forcing thousands of residents to leave their homes as firefighters continued to fight the blazes.
A Senate committee voted along party lines to hold Dr. Anthony Fauci in contempt of Congress on Thursday, a week after the former top health official and scientist refused to answer questions in a hearing about the COVID-19 pandemic.
Typhoon Dolphin is set to make landfall on China's east coast overnight Sunday, bringing torrential rain and powerful winds, as authorities brace for flooding and landslides across a broad swathe of eastern China.
Ben McKenzie is celebrating beating the "corrupt" Clarity Act by having a beer. I have not comment on his words. I'm just baffled that he's publicly drinking a beer shot out of a whiskey tumbler.
China issued its highest storm alert in preparation for approaching Typhoon Dolphin as more than 1,000 flights were canceled and some rail services were suspended.
Ambler Road; 211-mile; Alaska; Trump administration mining deal; Wall Street vs. Alaska residents; environmental impact
华尔街视安布勒路为关键矿产资源（铜、钴等）开发战略机遇，本地居民及环保团体则担忧生态系统受损。彭博报道注意到支持者亦存在，折射出该项目在资源民族主义与环境监管之间形成的内部张力，而非简单的"资本 vs 社区"二元对立。
A mining deal by the Trump administration and a 211-mile road have pitted Wall Street against Alaska residents fearful of the environmental impact. But not everyone is against the Ambler Road project
France will ban unsolicited telemarketing calls starting Tuesday under a new law aimed at protecting consumers from intrusive sales pitches and shielding vulnerable people from fraudulent commercial practices.
Meta's CTO could earn $921M. Staff asked for days off. Bosworth said the AI gains should go into building cooler products, then apologised for coming down too hard.
Myanmar's military-backed government rejected Asean's latest call for the unconditional release of ousted leader Aung San Suu Kyi, saying demands to do so are interfering with the country's judicial process.
Europe's stock market is firing on all cylinders and drawing money managers who say this rally will be more durable than just another short-term trade.
Peter Murrell jailed; £400,000+ embezzled from SNP; Nicola Sturgeon estranged
JUST IN: Nicola Sturgeon says she has not spoken to estranged husband Peter Murrell since he was jailed for embezzling more than £400,000 from the SNP.
When a civilization loses hope in the future, its future is assured to manifest the very problems they fear most. [QT @PeterDiamandis: 75% of Americans fear AI. In China, 80% are excited about it. We are facing a narrative gap, and are losing the fight for it.]
BIP-110 isn't expiring, it's getting buried economically. Bitcoin leads block production 85-2, and each dominant-chain block raises the cumulative-work hurdle. That's modestly positive for BTC, without mature coinbase rewards or replay protection, the fork is still an experiment.
the StonkBrokers floor flip over BAYC is a unit-price flex, 11.949 ETH per NFT still leaves about $101.9m of floor-implied value vs BAYC at $152.5m. meanwhile, 2.26k of 4,444 NFTs sit in the official vault, only 613 addresses hold any, and vault inventory rose by 17 over the
Tampa, Charleston and Des Moines' international airports were the first to opt in to the Transportation Security Administration's Gold+ program, which lets airports contract private companies to run security screenings rather than federal TSA workers.
Consumers are cautious about the job market, but businesses report strong employment. This disconnect highlights different perspectives on the labor market's health.
A mutual defense pact between Turkey, Saudi Arabia and Pakistan could be expanded to include other regional states including Egypt, Turkey's foreign minister said.
North Korea's Kim Jong Un has seen a $22 billion windfall that's enriching his regime despite sweeping global sanctions. So how did he do it and why is a richer North Korea a concern for the world?
Oil speculator capitulation. Bullish? [QT @CRUDEOIL231: Red Sea is in chaos, tankers are ablaze in Hormuz, the Black Sea keeps toggling between outages and restarts, energy infra takes non-stop hits, OoW has taken a massive haircut, "diplomacy(lol)" is a complete circus, freight rates are through the roof, and crack spreads are]
Here are the worst performing stocks in the NASDAQ 100 so far in 2026: Intuit $INTU -51%🔴 Applovin $APP -49%🔴 Alnylam $ALNY -45%🔴 Monster $MNST -34%🔴 Intuitive Surgical $ISRG -33%🔴 Tesla $TSLA -27%🔴 Honeywell Aerospace $HONA -27%🔴 Copart $CPRT -24%🔴 Adobe $ADBE -24%🔴
This is how every stock in the Dow Jones has performed so far in 2026: Cisco $CSCO: +57.6% 🟢 Caterpillar $CAT: +47.0% 🟢 Travelers $TRV: +32.5% 🟢 Amgen $AMGN: +25.6% 🟢 Johnson & Johnson $JNJ: +25.3% 🟢 Coca-Cola $KO: +24.5% 🟢 UnitedHealth $UNH: +23.3% 🟢 Chevron $CVX: +22.4%
US domestic profits before tax are hitting highs we haven't seen in many, many decades (13.2% of GDP). Some of that came from massive monetary and fiscal stimulus during COVID, but what's holding it up now is different: companies leaning into AI and productivity gains to protect
OpenAI's transparency about the Hugging Face incident on @BlackHatEvents was impressive and provocative. Model usage for cybersecurity is likely to explode from current levels!
Fascinating about the Cloudflare call was no mention or question about stablecoins, the monetization enabler of this new world order! Research teams siloed by sectors or industries, like software/cybersecurity and financial services need to collaborate as technologies converge.
Turkey resumed allowing ships to transit its straits on the way to the Black Sea, following unexplained delays for some vessels amid heightened security risks in the area.
I always learn a ton from our Bitcoin Brainstorms. If agentic commerce is on the threshold of transforming the shopping experience, favoring the long tail, as @GrousARK and @varshikaARK have concluded, this episode is timely.
For perspective, 52 GW is roughly half of US nuclear power generation, which in turn accounts for ~20% of US electricity generation. So, today's battery storage capacity could accommodate 10% of US electricity generation, and its capacity is growing 70% per year. Wow.
Copper miners now on the brink of a significant breakout as the underlying metal continues to establish itself at historical levels. This is what happens when rising structural demand meets highly constrained supply. Very compelling setup.
On March 30, the S&P 500 was down 7% in 2026, one of the worst starts to a year in history. After a huge comeback rally, it's now up over 14% YTD, more than 2x higher than the average year at this point in time (+6.7%). There is no impossible in markets.
Opendoor Net Income: 1H 2026: -$335 million 2025: -$1.30 billion 2024: -$392 million 2023: -$275 million 2022: -$1.35 billion 2021: -$662 million 2020: -$253 million 2019: -$339 million $OPEN
🎯DISMANTLED: A Hezbollah underground tunnel shaft that was used to store weapons. Additionally, Kalashnikov-type weapons, missiles & anti-tank launchers, artillery weapons & RPG rockets were located.
"The party knows, the whole ticket knows, here in Michigan, I'm going to do whatever they want," Democrat @RepHaleyStevens tells @davidgura and @EenaRuffini after losing a nail-biter Senate primary to Abdul El-Sayed.
Former President Joe Biden's prostate cancer has spread to other parts of his body and is causing him pain, even as he continues to speak out on public issues, his son Hunter said.
GRAYSCALE HEAD OF RESEARCH ZACH PANDL SAYS CRYPTO WILL MOVE FORWARD WITHOUT THE CLARITY ACT SUPPORTED BY EXPECTED SEC RULEMAKING THOUGH MORE NEW INVESTMENT MAY SHIFT OVERSEAS
VISA estimates that Boomers will only pass along about 1/3 of their current $93T in wealth to their children. I've often said that much of the Boomer wealth will be dissipated before their heirs ever get their hands on it. Sounds like VISA agrees.
X now needs 500,000 views. Only verified users count. Revenue sharing ends September 7, everyone reapplies September 8, and 500 verified followers plus Premium are required.
The attackers called personal mobiles pretending to be IT. Stolen session tokens let them log in without ever needing multifactor authentication. No breaches have been confirmed.
Trump envoys Steve Witkoff and Jared Kushner may travel to Kyiv and Moscow this month, according to Russian state-run media, marking their first visit to Ukraine after several trips to Russia.
Trump on Iran: "We are low keying it… We are only semi-negotiating with them. We are just watching Iran with its huge inflation and the fact they have no money."
One reason why we're going to get uneven diffusion rates of agents is because different workflows in the enterprise are more or less aligned to continuous, uninterrupted computer work. A big reason why agentic coding growth has gone completely vertical is because it's a type of
Abdul El-Sayed, the Democratic nominee for U.S. Senate in Michigan, said he spoke with Barack Obama and hopes the former president campaigns with him as the party tries to unite after a bitter primary that exposed deep rifts between its progressive and moderate wings.
Well-timed rain across major growing regions have buoyed the outlook, prompting many analysts to upgrade their initially dire forecasts for the 2026 crop
Daniela Amodei; Anthropic co-founder & president; Bloomberg The Circuit with Emily Chang; AI self-regulation; social media mistakes as cautionary model
Anthropic Co-Founder and President Daniela Amodei sits down with The Circuit to discuss the intense weight the AI boom has placed on the shoulders of its leaders. Amodei tells Emily Chang the AI industry is trying to learn from the mistakes of social media giants to self-regulate
Will Scharf; White House counsel + assistant to the president; effective September 1 2026; former Trump personal lawyer; known for handing executive order documents in Oval Office
Pons has basically survived Uniswap, Bonk, Cashcat, Sushiswap, and Rialto (a Robinhood partner) all launching or announcing launchpads on Robinhood Chain and still consistently maintains >50% market share i also have a very strong feeling $PONS is the next Robinhood listing