Lula Runoff Shock Sparks Brazilian Market Carnage: Stocks Collapse, Real Plunges As 'Bolsonaro Trade' Implodes
"Don't call it a comeback, Lula's been here for years."
"Don't call it a comeback, Lula's been here for years."
...the filing calls a "catastrophic AI-related incident," Anthropic warns that the resulting damages could be so large that it would be unable to obtain commercial insurance to cover the liability.
"As of the past few weeks, debt markets have almost entirely shut off access to money for any company that doesn't have substantial revenue independent of AI data centers." - Elon Musk
The effort is to engineer "Twelve Angry Men" scenarios on real juries - but unlike in the movie, the jurors are actually being trained to ignore evidence and deliberations in favor of political outcomes...
CNN: strikes could be carried out "within 96 hours of receiving" an order from the president.
"This is an emergency. Every minute of processing that occurs without segregating the ballots of suspected non-eligible voters causes untraceable disenfranchisement and dilution of the votes of US citizens."
Iranian air defenses have also shot down at least 45 US MQ-9 Reaper drones since the war began...
"Quite a change in hedging behavior for an S&P that has barely moved..."
"That means the 200+ neoclouds are going to see guppy-level death and consolidation. Some will make it through, but not many,"
"Expect Brazilian markets to be hit hard. USD/BRL gapping 5-7% higher at the open to the 5.20/25 area should be no surprise, while the local Bovespa equity index looks set for double-digit losses"
"Our industries have called for action and we have heard them..."
...expect a hold... but likely to see Hammack, Kashkari and Logan repeat their July dissents in favor of a hike at this meeting
Lower prices aren’t necessarily bad for AI adoption - they can expand usage dramatically. The problem is arithmetic: Revenue rises only if usage grows faster than prices fall. So far, price declines appear to be running faster.
The average asking price across all four storage versions was around $4,188 across 38 listings, excluding a...
Stocks, yields and the dollar keep falling until one of three things happens: a fully priced Democratic sweep, a truce in the French bond rout, or an AI capex cut big enough to make hyperscaler spreads peak...
Oh?
Games that scored pupils for amnesty and open borders finally pulled...
Amazon, Google and Washington signed nine nuclear deals in four weeks. Needham's reactor basket is down 75% in a year, and uranium spot volumes just hit the lowest since December 2009.
