1% Of Companies Account For 80% Of OpenAI And Anthropic Spending - And It Just Stalled
Rut roh...
Rut roh...
"This sounds ludicrous, but ludicrous is what happens in a bubble." - JonesTrading's Mike O'Rourke
Bottom line: it's a bubble... but it's too important to stop inflating. We've seen this picture before.
"If you are the iPhone filmmaker who wants the absolute best cameras to go shoot their next thing, no. Uh if you're the type of person who breaks your phone every like nine months cuz you drop it all the time, yep, probably no."
Overall, just another mediocre 20Y auction which continues to trade as an "oversight" hump on the yield curve, which amid this continued lack of investor euphoria could very well spell the end of this particular dot on the yield curve if Bessent pulls the plug next month.
"re-evaluated, taking into account the signals received from the Americans."
Wedgewood Polling said it engaged in an experiment to see how easy it is for a fabricated polling firm to gain traction and be taken seriously...
A year ago it cost about $3 to ship a barrel of crude. Now it costs over $20, and Goldman thinks most of that is here to stay...
The front end of the yield curve prices the odds of Fed rate hikes. The long end is pricing the consequences...
Extraordinary diplomatic 'coincidence' in St. Petersburg today...
"The defendants barely defend its legality, relying instead on what has happened since to argue that the case is moot and that prospective relief is unnecessary..."
Barclays thinks the selloff has gone far enough to trade, but not far enough to own, because the thing that caused it - an avalanche of AI debt - isn't going anywhere...
El-Sayed "has people from overseas that donate to him," Beckwith said...
Immense risk remains...
...the infrastructure and administrators for these programs will also become unnecessary and the taxpayers will not have to direct as much money into school budgets...
"Under President Trump's leadership, we are smashing the gangs and cartels, making it impossible for them to do business in America, and removing their members from our country..."
Agents also seized Omar's phone, and more than a dozen grand jury subpoenas have gone out, some to her relatives...
...affected products include some tunnel-boring machines, walking excavators, and high-altitude concrete-spraying machines - all sophisticated machinery for building railway and road tunnels through mountains...
