The world is heading into a historic debt crisis: Global government debt is projected to surge to 102% of GDP by 2031, a level previously seen only in the aftermath of World War II, according to the IMF. World government debt already stands at ~94% of GDP. Debt-to-GDP has
BREAKING: Chinese exports rose +3% YoY in March, the smallest increase since October 2025. This marks a sharp slowdown from the +40% surge in February. Chinese imports surged +28% YoY last month, the highest since late 2021, driven by a +50% jump in integrated circuit purchases
Saw this coming. [QT @nicksortor: BREAKING: President Trump has just signed an executive order invoking the DEFENSE PRODUCTION ACT, following increasing energy prices The order surges federal resources to the production of: - Petroleum - Liquefied natural gas - Coal - Power grid infrastructure
AMAZON $AMZN IS INVESTING UP TO $25 BILLION INTO ANTHROPIC Amazon will invest $5 Billion today and up to $20 Billion more tied to commercial milestones Anthropic committed to spend $100 Billion+ on AWS over the next 10 years That includes up to 5 gigawatts of compute
Tim Cook steps down Sept 1, 2026; John Ternus (SVP Hardware Engineering) → CEO; Cook → executive chairman; Apple mkt cap +$3.6T under Cook; $10K invested 2011 → $205,863 today
M/V Touska seized April 20; Arabian Sea; US naval blockade enforced; ship China→Iran route; linked to chemical shipments for missiles; refused repeated orders to stop
U.S. forces patrol the Arabian Sea near M/V Touska, April 20, as the Iranian-flagged vessel's container cargo is searched after U.S. Marines boarded and seized the ship when it attempted to violate the U.S. naval blockade.
BREAKING: Trump has signed an executive order invoking the Defense Production Act amid rising energy prices. The order directs federal resources toward boosting production of petroleum, liquefied natural gas, coal, and power grid infrastructure.
BREAKING: Chinese exports rose +3% YoY in March, the smallest increase since October 2025. This marks a sharp slowdown from the +40% surge in February. Chinese imports surged +28% YoY last month, the highest since late 2021, driven by a +50% jump in integrated circuit purchases
Apple has named hardware chief John Ternus as its next leader, with Tim Cook shifting to the role of executive chairman. Ternus will become CEO on September 1.
Victory Giant, a Chinese supplier of Nvidia, is set to begin trading in Hong Kong on Tuesday after raising $2.6 billion in the city's largest listing in seven months.
An American delegation, led by Vice President Vance, will soon leave for Pakistan to resume talks with Iran over the nearly two-month-long war. Iranian officials have been noncommittal about attending the round of talks. President Trump also sent mixed signals, predicting success
BREAKING: The BBC has found a pattern of spikes in trades on financial markets ahead of public announcements by President Trump, including during the Iran war
Important details on the ship that the US interdicted when it was trying to break the US blockade [QT @NikkiHaley: The ship the U.S. seized in the Strait of Hormuz this weekend was headed from China to Iran and is linked to chemical shipments for missiles. It refused repeated orders to stop. Another reminder that China is helping prop up Iran's regime—a reality that can't be ignored.]
The world is heading into a historic debt crisis: Global government debt is projected to surge to 102% of GDP by 2031, a level previously seen only in the aftermath of World War II, according to the IMF. World government debt already stands at ~94% of GDP.
US electricity bills are surging: Average US residential electricity prices rose +5% YoY, to a record 17.3 cents per kilowatt-hour in 2025. Since January 2020, electricity prices have risen +30% or more in at least 11 US states, with the steepest increases concentrated in the
BREAKING: Trump has signed an executive order invoking the Defense Production Act amid rising energy prices. The order directs federal resources toward boosting production of petroleum, liquefied natural gas, coal, and power grid infrastructure.
BREAKING: The BBC has found a pattern of spikes in trades on financial markets ahead of public announcements by President Trump, including during the Iran war
Apple has named hardware chief John Ternus as its next leader, with Tim Cook shifting to the role of executive chairman. Ternus will become CEO on September 1.
AVIS (CAR) JUST ENTERED THE DANGER ZONE OF NO RETURN. The monthly Bollinger Band has been exceeded by roughly 60% — an overextension so extreme it defies logic.
Massive buybacks are coming to the US market: Buyback authorizations across the Russell 3000 surged +36% YoY, to a record $428 billion so far in 2026. Authorizations are now +176% above the same period in 2020. At a historical execution rate of ~90%, US corporates are now on
An American delegation, led by Vice President Vance, will soon leave for Pakistan to resume talks with Iran over the nearly two-month-long war. Iranian officials have been noncommittal about attending the round of talks. President Trump also sent mixed signals, predicting success
Important details on the ship that the US interdicted when it was trying to break the US blockade [QT @NikkiHaley: The ship the U.S. seized in the Strait of Hormuz this weekend was headed from China to Iran and is linked to chemical shipments for missiles. It refused repeated orders to stop. Another reminder that China is helping prop up Iran's regime—a reality that can't be ignored.]
US electricity bills are surging: Average US residential electricity prices rose +5% YoY, to a record 17.3 cents per kilowatt-hour in 2025. Since January 2020, electricity prices have risen +30% or more in at least 11 US states, with the steepest increases concentrated in the
Jeff Bezos is close to finalizing a $10 billion funding round for his AI startup that's developing models with the capability of understanding the physical world, per FT
Massive buybacks are coming to the US market: Buyback authorizations across the Russell 3000 surged +36% YoY, to a record $428 billion so far in 2026. Authorizations are now +176% above the same period in 2020. At a historical execution rate of ~90%, US corporates are now on
Japan revised Three Principles on Transfer of Defense Equipment; all categories now exportable (previously restricted to 5: rescue, transport, alert/warning, surveillance, minesweeping)
Aircraft carrier USS Abraham Lincoln (CVN 72) receives supplies during a vertical replenishment in the Arabian Sea with supply ship USNS Carl Brashear (T-AKE 7), April 18. Abraham Lincoln is currently operating in the Middle East enforcing the U.S. naval blockade on vessels
Why The Defense Production Act Signals A Bigger Crisis Ahead. The administration is moving from rhetoric to emergency industrial policy. Using Section 303 of the DPA, it is channeling federal support into domestic oil production, refining, logistics, LNG capacity, grid equipment,
Jeff Bezos is close to finalizing a $10 billion funding round for his AI startup that's developing models with the capability of understanding the physical world, per FT
Apple named insider John Ternus as its next CEO, tapping the long-time hardware chief to steer the company after Tim Cook as the iPhone maker gears up for an industry change spurred by artificial intelligence.
Massive buybacks are coming to the US market: Buyback authorizations across the Russell 3000 surged +36% YoY, to a record $428 billion so far in 2026. Authorizations are now +176% above the same period in 2020. At a historical execution rate of ~90%, US corporates are now on
Japan revises Defense Equipment Transfer Three Principles; all defense equipment now exportable (previously limited to 5 categories); biggest export rule change in decades
"They might play with the words. They might hear rhetoric coming out of Iran that don't really make sense. But at the end of the day, they desperately need a deal," Miad Maleki says.
"The blockade had been put in place, and as ships were moving in and out, if there was not enforcement of the blockade, it would be viewed as a paper tiger," said retired Adm. Gary Roughead.
Kevin Warsh, President Donald Trump's nominee to chair the Fed, will appear before the Senate Banking Committee for a confirmation hearing at 10 a.m. on Tuesday. It could be the most contentious such hearing in many decades
Why The Defense Production Act Signals A Bigger Crisis Ahead. The administration is moving from rhetoric to emergency industrial policy. Using Section 303 of the DPA, it is channeling federal support into domestic oil production, refining, logistics, LNG capacity, grid equipment
Apple named insider John Ternus as its next CEO, tapping the long-time hardware chief to steer the company after Tim Cook as the iPhone maker gears up for an industry change spurred by artificial intelligence.
Jeff Bezos is close to finalizing a $10 billion funding round for his AI startup that's developing models with the capability of understanding the physical world, per FT
CATL's share sale at a 5.1% discount, with demand running more than twice the available supply, underscores investor appetite for Chinese technology stocks even after the battery maker's 20% rally this year
3 vessels (2 cargo ships + 1 fuel tanker) attempted Strait of Hormuz transit; US & Iran blockades in place; 68% Polymarket odds of normal traffic by end of May
"The blockade had been put in place, and as ships were moving in and out, if there was not enforcement of the blockade, it would be viewed as a paper tiger," said retired Adm. Gary Roughead.
Kevin Warsh, President Donald Trump's nominee to chair the Fed, will appear before the Senate Banking Committee for a confirmation hearing at 10 a.m. on Tuesday. It could be the most contentious such hearing in many decades
Kimi K2.6 Artificial Analysis Intelligence Index score 54, ranked #4; Anthropic/Google/OpenAI all score 57; available on HuggingChat
Kimi K2.6在基准测试中超越Claude Opus 4.6，但第一手使用体验显示其实际表现仍不及后者，再次印证开源模型基准与真实世界性能之间的系统性偏差。该模型已可通过HuggingChat公开访问，大幅降低使用门槛。
I find that open weights models over-perform on benchmarks compared to actual real-world usage, and Kimi feels like no exception. For example, a small amount of use will show that Kimi is not as good as Claude Opus 4.6, which it beats on the benchmarks. Still a good model, tho!
Exclusive: SpaceX is moving ahead with plans for one of the most anticipated IPOs in history as it hosts analysts this week for three days of closed-door meetings at its launch facility in Texas and mega-sized data center in Tennessee.
South Korean police have requested a detention warrant for Bang Si-hyuk, the chairman of Kpop agency HYBE, over alleged illegal trading tied to the company's initial public offering.
CATL's share sale at a 5.1% discount, with demand running more than twice the available supply, underscores investor appetite for Chinese technology stocks even after the battery maker's 20% rally this year
Shares of South Korea's top battery makers jumped on Tuesday after clinching deals with Mercedes-Benz, providing a welcome boost to a sector that has been hit by the slowing global transition to electric vehicles
Three vessels — two cargo ships and a fuel tanker — appeared to be attempting to transit the Strait of Hormuz early on Tuesday as US and Iranian blockades remained in place
Kevin Warsh, President Donald Trump's nominee to chair the Fed, will appear before the Senate Banking Committee for a confirmation hearing at 10 a.m. on Tuesday. It could be the most contentious such hearing in many decades
Apple becoming the leading light in local inference. [QT @alexocheema: Ternus as CEO, Srouji as Chief Hardware Officer. The people who turned Apple Silicon into the leading local AI platform are now the ones steering the company. These were the people doing heterogeneous on-device AI 10 years ago (w/ CoreML on CPU/GPU/ANE). The software sucked -]
经济学家Sebastian Mallaby在旧金山活动上与DeepMind CEO Demis Hassabis同台，称OpenAI未来18个月破产概率为50%；Hassabis同场讨论Claude Mythos模型访问限制问题，德国央行行长Nagel亦呼吁Mythos不应仅向美国大企业开放。
50% OpenAI bankruptcy odds in 18 months (Mallaby); Claude Mythos access; Bundesbank: Mythos access shouldn't be limited to select club of big US corporations
"Not all countries are pessimistic about AI. I was just in India for the AI Summit PM Modi had, and they're quite optimistic there" -Demis [QT @deedydas: Demis Hassabis and Sebastian Mallaby were on stage in SF today... 1. "There is a 50% chance that OpenAI goes bankrupt in the next 18mos" -Mallaby 2. "Dario is the best of all the other lab leaders." -Demis 3. On Claude Mythos: "It's not...]
CATL's share sale at a 5.1% discount, with demand running more than twice the available supply, underscores investor appetite for Chinese technology stocks even after the battery maker's 20% rally this year
Exclusive: SpaceX is moving ahead with plans for one of the most anticipated IPOs in history as it hosts analysts this week for three days of closed-door meetings at its launch facility in Texas and mega-sized data center in Tennessee.
South Korean police have requested a detention warrant for Bang Si-hyuk, the chairman of Kpop agency HYBE, over alleged illegal trading tied to the company's initial public offering.
Trump signals he is unlikely to extend the ceasefire with Iran that's set to expire in two days, while Iran has yet to confirm it will participate in talks to end the war
Japan unveiled its biggest overhaul of defense export rules in decades, scrapping restrictions on overseas arms sales and opening the way for exports of warships, missiles and other weapons.
aave's risk advisor tokenlogic was getting paid by kelpdao for treasury management and simultaneously pushed 86% LTV for rsETH as aave collateral. conflict was disclosed. governance passed it anyway with 5-10% voter turnout. spark froze rsETH 3 months before the exploit
Apple becoming the leading light in local inference. [QT @alexocheema: Ternus as CEO, Srouji as Chief Hardware Officer. The people who turned Apple Silicon into the leading local AI platform are now the ones steering the company. These were the people doing heterogeneous on-device AI 10 years ago (w/ CoreML on CPU/GPU/ANE). The software sucked -]
"Not all countries are pessimistic about AI. I was just in India for the AI Summit PM Modi had, and they're quite optimistic there" -Demis [QT @deedydas: Demis Hassabis and Sebastian Mallaby were on stage in SF today and here are the 9 best things they said: 1. "There is a 50% chance that OpenAI goes bankrupt in the next 18mos" -Mallaby 2. "Dario is the best of all the other lab leaders." -Demis 3. On Claude Mythos: "It's not https://t.co/9W4jmJq821]
Exclusive: SpaceX plans to cement founder Elon Musk's control after its IPO, granting him and a small group of insiders super-voting shares that will outweigh other investors, according to excerpts of the company's IPO filing reviewed by Reuters.
Trump signals he is unlikely to extend the ceasefire with Iran that's set to expire in two days, while Iran has yet to confirm it will participate in talks to end the war.
Japan unveiled its biggest overhaul of defense export rules in decades, scrapping restrictions on overseas arms sales and opening the way for exports of warships, missiles and other weapons.
1 billion barrels lost (Trafigura); oil prices underpricing largest supply disruption ever; +$100 added to long-haul flights; Alaska Air fuel spend this quarter > past 2 years earnings
Exclusive: SpaceX plans to cement founder Elon Musk's control after its IPO, granting him and a small group of insiders super-voting shares that will outweigh other investors, according to excerpts of the company's IPO filing reviewed by Reuters
Estée Lauder hires JPMorgan to take the lead on structuring a financing package of about €5 billion to fund its potential tie-up with Puig, reports say
Trump signals he is unlikely to extend the ceasefire with Iran that's set to expire in two days, while Iran has yet to confirm it will participate in talks to end the war
stETH: $21B+ DeFi collateral (Aave/Maker/Curve); ETH withdrawal queue: 1→11 days in one quarter; rsETH: $196M hole at $292M scale; stETH = 70x rsETH exposure, zero circuit breakers
lido's stETH is embedded in $21b+ of DeFi collateral across aave, maker, and curve. ETH withdrawal queue just went from 1 day to 11 days in one quarter. rsETH blew a $196m hole at $292m scale. stETH operates at 70x that exposure with zero circuit breakers. watch the stETH/ETH
36% households expect worse financial situation in 1 year (highest since April 2025, NY Fed); home sellers outnumbered buyers 43.1% in March vs 28% YoY
Share of households expecting a worse financial situation a year from now increased to 36% in March, highest level since April 2025 according to @NewYorkFed
Apple becoming the leading light in local inference. [QT @alexocheema: Ternus as CEO, Srouji as Chief Hardware Officer. The people who turned Apple Silicon into the leading local AI platform are now the ones steering the company. These were the people doing heterogeneous on-device AI 10 years ago (w/ CoreML on CPU/GPU/ANE). The software sucked -]
Exclusive: SpaceX plans to cement founder Elon Musk's control after its IPO, granting him and a small group of insiders super-voting shares that will outweigh other investors, according to excerpts of the company's IPO filing reviewed by Reuters
Europe's largest defense technology group Thales reported first-quarter sales well above analyst forecasts. Revenues rose nearly 10% largely due to surging deliveries.
Estée Lauder hires JPMorgan to take the lead on structuring a financing package of about €5 billion to fund its potential tie-up with Puig, reports say
Iran has figured out that Trump hasn't the balls to reignite the war, as it will affect his midterms, and they know that his beloved stock market is his Achilles' heel.
Japan unveiled its biggest overhaul of defense export rules in decades, scrapping restrictions on overseas arms sales and opening the way for exports of warships, missiles and other weapons.
$BTC has been in this position 3 times in the last 8 months. October 2025 January 2026 April 2026 Each time has capped the ascent. If you're looking to short you have the best RR. If you're looking for exposure and to be long you work with simplicity. If this breaks up,
stETH embedded in $21B+ DeFi collateral (Aave, Maker, Curve); ETH withdrawal queue: 1 day → 11 days in one quarter; rsETH: $196M hole at $292M scale; stETH at 70x rsETH exposure with zero circuit breakers
lido's stETH is embedded in $21b+ of DeFi collateral across aave, maker, and curve. ETH withdrawal queue just went from 1 day to 11 days in one quarter. rsETH blew a $196m hole at $292m scale. stETH operates at 70x that exposure with zero circuit breakers. watch the stETH/ETH
Oil prices don't fully reflect the largest supply disruption ever, after the Iran war effectively closed the Strait of Hormuz, some of the market's top analysts said
Exclusive: SpaceX plans to cement founder Elon Musk's control after its IPO, granting him and a small group of insiders super-voting shares that will outweigh other investors, according to excerpts of the company's IPO filing reviewed by Reuters
Jeff Bezos is close to raising $10 Billion at a $38 Billion valuation for his new private AI startup [QT: JEFF BEZOS' NEW AI STARTUP "PROJECT PROMETHEUS" IS CLOSE TO RAISING $10 BILLION AT A $38 BILLION VALUATION Per a Financial Times report, Bezos is a founding investor and is leading the raise himself. JPMorgan $JPM and BlackRock $BLK are among the backers, and the round is close to completion]
UNH Q1 EPS $7.23 vs $6.56 est (+10.2%); Revenue $111.7B vs $109.6B est; widest earnings beat in 5 years; 2026 profit outlook raised; Dow futures outperforming S&P on UNH
US-Iran two-week ceasefire deadline looming; US pushing for new peace talks; global stocks recouped Iran war losses to hit fresh records; key unresolved issues remain
Hundreds of ships stuck in Persian Gulf; IMO evacuation plan in progress; EU Transport Commissioner: "catastrophic" consequences without permanent Hormuz freedom of navigation; DHL CEO warns of supply chain tipping point
EU Transport Commissioner: Without the return of permanent freedom of navigation through Hormuz, consequences will be "catastrophic" for Europe and the world
stETH: $21B+ DeFi collateral (Aave, Maker, Curve); ETH withdrawal queue: 1 day → 11 days in one quarter; rsETH: $196M hole at $292M scale; stETH at 70x that exposure, zero circuit breakers
lido's stETH is embedded in $21b+ of DeFi collateral across aave, maker, and curve. ETH withdrawal queue just went from 1 day to 11 days in one quarter. rsETH blew a $196m hole at $292m scale. stETH operates at 70x that exposure with zero circuit breakers. watch the stETH/ETH
Texas oil pipelines are running above their designed capacity in some cases as rampant overseas demand for US crude to replace cargoes stranded by the Iran war
Amazon will invest up to $25 billion in AI startup Anthropic, which plans to spend over $100 billion on Amazon's cloud technologies over the next decade
$MMM 3M Q1 2026 Earnings Adj EPS $2.14, est. $1.98 Rev. $6B, est. $6B Still sees FY adj. organic sales about +3% Still sees FY adj. total sales about +4%
Strait of Hormuz effectively closed; 'largest supply disruption ever' (analysts); jet fuel shortage looming in Europe & Asia within weeks; EU Commissioner warns 'catastrophic' consequences
Oil prices don't fully reflect the largest supply disruption ever, after the Iran war effectively closed the Strait of Hormuz, some of the market's top analysts said
March retail sales +1.7% m/m vs. +1.4% est. & +0.7% prior; sales ex-auto +1.9% vs. +0.7% prior…control group +0.7% vs. +0.6% prior (keep in mind that retail sales are nominal, not inflation-adjusted)
Kevin Warsh Senate Banking Committee hearing 10am ET; Trump: 'US should always have the lowest interest rate in the world'; 'I would be disappointed if the new Fed chair doesn't cut rates'
Trump reiterates that the US should have the lowest rates in the world as he doubles down on its support for Warsh. 'I want Kevin. I think Kevin's great. He's central casting'
Apple announced Monday that Tim Cook would be replaced as Chief Executive Officer by John Ternus in September, marking an end to Cook's 15-year leadership of the company. Ed Ludlow reports
Amazon will invest up to $25 billion in AI startup Anthropic, which plans to spend over $100 billion on Amazon's cloud technologies over the next decade
Trump: 'It is possible that a deal can be made' with Anthropic; 'I had good talks with Anthropic at the White House'; 'Can't tell the military how to operate'
Jeff Bezos is close to raising $10 Billion at a $38 Billion valuation for his new private AI startup [Project Prometheus]. Per a Financial Times report, Bezos is a founding investor and is leading the raise himself. JPMorgan $JPM and BlackRock $BLK are among the backers
Strait of Hormuz maritime channels closed per Tasnim Agency; Gen. Dan Caine: 'ready to resume major combat operations against Iran in a moment's notice'; EU: consequences 'catastrophic' for Europe and world
Chairman of the Joint Chiefs General Dan Caine: 'We are ready to resume major combat operations against Iran in a moment's notice' - Axios Reporter on X.
Trump: 'This is regime change'; 'We're ready to go militarily'; 'I expect we're going to make a great deal with Iran'; 'We caught an Iranian ship yesterday with gifts from China'; 'We don't have that much time'
thorchain ($RUNE) just processed $176m in DPRK-linked exploit funds from ETH to BTC and the token is up 6.7% on the day. market is pricing pure utility at $0.45 with zero regulatory premium baked in. now monero integration launches may 10 with FROST threshold signatures enabling
March retail sales +1.7% m/m vs. +1.4% est. & +0.7% prior; sales ex-auto +1.9% vs. +0.7% prior…control group +0.7% vs. +0.6% prior (keep in mind that retail sales are nominal, not inflation-adjusted)
"oil markets have NOT priced in what has already happened" [QT @robert_ivanhoe: Equity markets have priced in AI, which might happen. Whereas, oil markets have NOT priced in what has already happened. ~ 1 billion barrels of oil has been lost to date… and oil prices are up only ~50%.]
Apple announced Monday that Tim Cook would be replaced as Chief Executive Officer by John Ternus in September, marking an end to Cook's 15-year leadership of the company. Ed Ludlow reports
Trump: 'It's possible we might have deal' with Anthropic; WH talks 'very good'; called Anthropic leaders 'high IQ people'; 'We'll get along with them just fine'
"We'll get along with [Anthropic] just fine," TRUMP just said on cnbc. "I think they can be of great use." Said Anthropic is led by "high IQ people" and that talks at the WH were "very good." "They tend to be on the left, radical left, but we get along with them."
US delegation in Islamabad; VP Vance expected; Iran denies talks ('baseless', 'fabricated'); Tasnim Agency: Strait of Hormuz maritime channels closed after US violated ceasefire
BREAKING: Iran officially denies that any delegation has arrived in Pakistan for negotiations with the US, calling reports of such talks "baseless" and "fabricated." The US delegation has arrived in Pakistan.
Gen. Dan Caine: 'ready to resume major combat operations against Iran in a moment's notice'; Trump: 'US military ready to go'; US caught Iranian ship with 'gifts from China'
Chairman of the Joint Chiefs General Dan Caine: "We are ready to resume major combat operations against Iran in a moment's notice" - Axios Reporter on X.
$292M stolen from KelpDAO bridge Apr 18 via spoofed LayerZero message; Arbitrum froze $71M; Aave warned up to $230M bad debt; DeFi's worst month in history
DeFi just had its worst month in history. Here's what happened. → On April 18, an attacker spoofed a @LayerZero_Core cross-chain message and tricked the @KelpDAO bridge into releasing roughly $292M to an attacker wallet. → Aave froze rsETH markets within hours. → The...
thorchain ($RUNE) just processed $176m in DPRK-linked exploit funds from ETH to BTC and the token is up 6.7% on the day. market is pricing pure utility at $0.45 with zero regulatory premium baked in. now monero integration launches may 10 with FROST threshold signatures enabling
Retail Sales MoM +1.7% vs +1.4% est (prev +0.6%); ex-auto +1.9% vs +0.7% est; Gas stations +15.5% MoM; CPI Energy +12.5% YoY, Gasoline +18.9%, Core CPI +2.6%
Warsh: 'We need a regime change in conduct of Fed policy'; 'Need a new inflation framework'; 'Fed holds onto its forecasts longer than it should'; 'Need to use tools differently'
Trump: 'I would be disappointed if the new Fed chair doesn't cut rates'; 'The US should always have the lowest interest rate in the world'; 'I want Kevin. He's central casting'
Tim Cook → John Ternus as Apple CEO in September 2026; Cook becomes Executive Chairman; 15-year Cook tenure ends; internal succession from hardware division head
Apple announced Monday that Tim Cook would be replaced as Chief Executive Officer by John Ternus in September, marking an end to Cook's 15-year leadership of the company. Ed Ludlow reports
Trump: 'It is possible that a deal can be made' with Anthropic; 'I think we'll get along with them just fine'; Anthropic Mythos AI model access for European banks (sources); Trump had 'good talks with Anthropic at the White House'
Nasdaq 13-session winning streak (longest since 1992), +17.7% over period; SMH/SOXX tracking largest combined monthly inflow ever; AI stocks weight in S&P 500 ~45%
UNH Q1 revenue $111.7B vs $109.6B prior year; UNH sees difficulties with Trump Medicare obesity drug coverage plan; UNH strength boosting Dow Jones open
Halliburton Q1 beats estimates despite Iran war impact; sees signs of resurgence in North American oilfield activity; energy prices sharply higher post-Iran war; Equifax beat but cited Iran war as preventing better guidance
Halliburton Co. said it sees signs of a resurgence in oilfield activity in North America, comments that come after the Iran war upended the global crude market and pushed energy prices sharply higher.
Iran officially denies delegation in Pakistan; Vance + Iran Parliament Speaker Ghalibaf both arrived Islamabad at dawn Wednesday; ceasefire ends 4:50 AM PST; Pakistan: 'formal response from Iranian side still awaited'
BREAKING: Iran officially denies that any delegation has arrived in Pakistan for negotiations with the US, calling reports of such talks "baseless" and "fabricated." The US delegation has arrived in Pakistan.
Strait of Hormuz maritime channels closed (per Tasnim/Iran); Maersk advises transit should be avoided; Mercuria CEO: ships got out through Hormuz; 'more tankers crossing than tracking shows'; UBS: oil falls to mid-$80s best case
The maritime channels for entry and exit from the Strait of Hormuz have been closed after the United States violated the ceasefire - Tasnim Agency on Telegram
Gen. Dan Caine: 'ready to resume major combat operations against Iran in a moment's notice'; Trump: 'We're ready to go militarily'; Trump caught 'Iranian ship yesterday with gifts from China'; Iran 'probably done some restocking' over past two weeks
Chairman of the Joint Chiefs General Dan Caine: "We are ready to resume major combat operations against Iran in a moment's notice" - Axios Reporter on X.
FY2027 defense budget: $1.5T total (+44% DoD); Discretionary: $1.15T (+28% YoY); Mandatory: $350B; largest military budget in US history; Lockheed Martin awarded Navy PAC-3 MSE/Aegis integration contract; Northrop Grumman accelerating B-21 production
THE WHITE HOUSE JUST OFFICIALLY PROPOSED A $1.5 TRILLION DEFENSE BUDGET FOR FY 2027. The largest military budget in American history. Total defense: $1.5T (+44% for Dept of Defense) Discretionary: $1.15T (+28% vs last year) Mandatory: $350B
Trump: 'This is regime change'; 'We don't have that much time' on ceasefire; 'We're in a very strong negotiating position'; Iran 'has no choice but to send people to talks'; 'I'm not going to be rushed'
~$292M lost via KelpDAO bridge exploit (April 18); LayerZero cross-chain message spoofed; Aave froze rsETH markets; Arbitrum emergency freeze of $71M hacker funds; Aave warns up to $230M bad debt; 'DeFi worst month in history'
DeFi just had its worst month in history. Here's what happened. → On April 18, an attacker spoofed a @LayerZero_Core cross-chain message and tricked the @KelpDAO bridge into releasing roughly $292M to an attacker wallet. → Aave froze rsETH markets within hours.
Warsh: 'regime change in conduct of Fed policy'; 'don't believe in forward guidance'; 'Fed holds onto forecasts longer than it should'; 'need new inflation framework'
Trump-Anthropic White House talks; 'possible deal'; Mythos access to European banks (sources); JPMorgan cites Mythos in S&P target raise; Scott Melker: 'mythos can apparently already hack everything'
Apple announced Monday that Tim Cook would be replaced as Chief Executive Officer by John Ternus in September, marking an end to Cook's 15-year leadership of the company.
Iran-US ceasefire expires 4:50 a.m. PST; Trump: 'I don't want to extend'; 'We have totally won the war with Iran'; US military: 'ready to go'; Iran formal response on talks 'still awaited'
Pakistan Information Minister: Ceasefire ends at 4:50 a.m. PST. A decision from Iran to attend the talks before the end of the two weeks ceasefire is critical.
The 🇺🇸 White House has officially requested a military budget of $1.5 Trillion for next year — The largest military budget in American history. Total defense: $1.5T (+44% for Dept of Defense), Discretionary: $1.15T (+28% vs last year), Mandatory: $350B
DeFi just had its worst month in history. Here's what happened. → On April 18, an attacker spoofed a @LayerZero_Core cross-chain message and tricked the @KelpDAO bridge into releasing roughly $292M to an attacker wallet. → Aave froze rsETH markets within hours.
Where 🇺🇸 inflation is and where it isn't [QT: Headline CPI: +3.3% YoY; Energy: +12.5%; Fuel oil: +44.2%; Gasoline: +18.9%; Core (ex food & energy): +2.6%; Services remain elevated, but the latest move is energy-led.]
$AAPL is losing $100 billion of market cap today after Tim Cook announced yesterday he'll step down in September. Tim Cook's net worth is estimated at $2.5 billion. Maybe he was underpaid these last 15 years 🤣
Ceasefire expires 7:50 PM ET Tuesday / 4:50 AM Pakistan time Wednesday; Trump: 'I don't want to extend'; Vance Islamabad trip on hold; US-Iran diplomatic process paused - NYT
28 vessels directed to turn around by US forces; Maersk: transit through Strait of Hormuz 'should be avoided'; Strait 'largely devoid of commercial traffic'
Since the start of the U.S. blockade against ships entering or exiting Iranian ports, U.S. forces have directed 28 vessels to turn around or return to port.
The 🇺🇸 White House has officially requested a military budget of $1.5 Trillion for next year [QT: Total defense: $1.5T (+44% for Dept of Defense) Discretionary: $1.15T (+28% vs last year) Mandatory: $350B]
Warsh: 'Digital assets are already part of the fabric of our financial services industry in the United States'; Fed has no legal right to issue digital currency; CBDC 'bad policy choice'
Warsh: 'absolutely not' a sock puppet; against forward guidance; smaller balance sheet; economy near full employment; >4 FOMC meetings/year preferred; digital assets 'part of fabric of financial services'; Fed cannot legally issue CBDC; Trump never asked him to commit to specific rate decisions
Kevin Warsh, Donald Trump's nominee for Federal Reserve Chairman, said he would "absolutely not" be the president's "human sock puppet," adding that Trump has not asked him to commit to making certain rate decisions
Mark Zuckerberg and Meta Platforms $META just sent a memo to employees saying Meta Platforms is installing a new tracking software on the computers of all employees in the United States 🇺🇸 so it can train its AI
$AAPL is losing $100 billion of market cap today after Tim Cook announced yesterday he'll step down in September. Tim Cook's net worth is estimated at $2.5 billion. Maybe he was underpaid these last 15 years 🤣
Ceasefire expires Wednesday 4:50 AM PST / Tuesday 7:50 PM ET; Vance trip 'on hold'; Iran failed to respond to US negotiating terms; Witkoff and Kushner also remain in US; Trump: 'I have all the time in the world'
BREAKING: Vice President JD Vance's planned trip to Pakistan is "on hold" after Iran failed to respond to US negotiating terms, per NYT. Ceasefire talks are now "paused" with the ceasefire deadline expiring in 27 hours.
28 vessels directed to turn around or return to port; M/T Tifani boarded 'without incident' — first boarding since blockade; China denies association with seized vessel
Since the start of the U.S. blockade against ships entering or exiting Iranian ports, U.S. forces have directed 28 vessels to turn around or return to port.
Strait 'largely devoid of commercial traffic'; Maersk: transit 'should be avoided'; Iran accuses US Navy of 'piracy at sea & state terrorism'; Mercuria: more tankers crossing than tracking shows
~$300M drained from small crypto project; ~$10B run triggered on largest decentralized lending platform; hackers 'racing to launder'; Jefferies warns potential slowdown in Wall Street blockchain interest
The hack that drained nearly $300 million from a small crypto project and triggered a $10 billion run on the largest decentralized lending platform could slow Wall Street's growing interest in blockchain technology, according to Jefferies
Warsh: 'absolutely not' a sock puppet; balance sheet reduction 'gradual and careful'; FOMC meetings >4/year preferred; digital assets 'part of fabric of financial services'; Fed has no legal right to issue CBDC
I have been using GPT ImageGen-2 for the past weeks I didn't think that better image-generators would be a big deal but it turns out that there is a quality threshold I didn't expect, where you can now get text, slides, academic papers Look at what it does with my "otter test"!
Meta installs tracking software on all US employee computers; captures mouse movements, keystrokes, screen snapshots; AI training purpose; internal memo
$AAPL is losing $100 billion of market cap today after Tim Cook announced yesterday he'll step down in September. Tim Cook's net worth is estimated at $2.5 billion. Maybe he was underpaid these last 15 years 🤣
BREAKING: Vice President JD Vance's planned trip to Pakistan is "on hold" after Iran failed to respond to US negotiating terms, per NYT. Ceasefire talks are now "paused" with the ceasefire deadline expiring in 27 hours.
US Navy boards M/T Tifani; Pentagon: 'right-of-visit maritime interdiction without incident'; first since Hormuz blockade; Iran FM: 'piracy at sea & state terrorism'; China rejects vessel link
The Iranian regime must be held accountable for its extortion of global energy markets and indiscriminate targeting of civilians with missiles and drones. Under @POTUS' leadership, as part of Economic Fury, Treasury will continue to follow the money and target the Iranian regime
Commander of Iran's Revolutionary Guards Aerospace Force warns Gulf Arab states against using enemy facilities to attack Iran: They would have to say goodbye to oil production - Mehr News.
The hack that drained nearly $300 million from a small crypto project and triggered a $10 billion run on the largest decentralized lending platform could slow Wall Street's growing interest in blockchain technology, according to Jefferies
New York Attorney General Letitia James sued exchanges Coinbase and Gemini, accusing them of operating prediction markets that violate state gambling laws.
Kevin Warsh Fed chair nominee; pledged monetary policy independence; near-zero job growth in 2025 cited at hearing; Sen. Tillis: conditional support pending Fed renovation inquiry; Warsh: Epstein-linked assets will be sold if confirmed
Kevin Warsh: The broad contours of the economy are improving. The potential of the economy, the real results of the economy are improving. Smith: The reality is there was almost 0 job growth in 2025
I have been using GPT ImageGen-2 for the past weeks. I didn't think that better image-generators would be a big deal but it turns out that there is a quality threshold I didn't expect, where you can now get text, slides, academic papers. Look at what it does with my "otter test"!
INCOMING APPLE $AAPL CEO JOHN TERNUS JUST SPOKE TO ALL THE APPLE EMPLOYEES. Ternus said he is "especially excited to be stepping into this role at this moment, because I am telling you we are about to change the world once again." "AI is going to create almost unlimited [opportunities]"
Amazon $AMZN national GLP-1 weight-loss program launch; Eli Lilly $LLY and Novo Nordisk $NVO stocks tumbling; oral Wegovy $150/month; weekly new users jumped 200K→300K
Deutsche Telekom is considering a full combination with its American arm T-Mobile US, a move that would create a multinational telecom group and rank as the largest-ever public M&A deal
Iran: "final decision" no talks in Pakistan Wednesday; JD Vance Pakistan trip on hold; ceasefire deadline Wed 4:50 PM ET; Trump extends ceasefire but maintains military blockade; Iran FM: "blockade = act of war"; Trump: "I have all the time in the world"
BREAKING: Iran has told mediators that they will not send a delegation for peace talks with the US until the US "blockade" of the Strait of Hormuz is lifted, per WSJ. When President Trump was asked about the conflict today, he responded, "I have all the time in the world."
The Iranian regime must be held accountable for its extortion of global energy markets and indiscriminate targeting of civilians with missiles and drones. Under @POTUS' leadership, as part of Economic Fury, Treasury will continue to follow the money and target the Iranian [regime's recklessness]
Commander of Iran's Revolutionary Guards Aerospace Force warns Gulf Arab states against using enemy facilities to attack Iran: They would have to say goodbye to oil production - Mehr News.
New York Attorney General Letitia James sued exchanges Coinbase and Gemini, accusing them of operating prediction markets that violate state gambling laws.
China's demand for gold is reaccelerating: Chinese gold imports rose to 162 tonnes in March, the highest since March 2024. This marks the 3rd consecutive monthly increase. Year-to-date, China has imported ~365 tonnes of gold. Furthermore, China's central bank acquired 5
Hearing Kevin Warsh talk about Fed independence, and watching hard assets sell off on that, feels a lot like the hype around DOGE. Great in theory, but ultimately unrealistic. The reality is that government debt has reached a scale that no brilliant policymaker can solve.
OpenAI CEO Sam Altman及研究负责人Greg Brockman均发布实测样例，强调教育、专业演示和代码文档等场景应用潜力。学者Ethan Mollick指出该模型在文字渲染质量上已突破图像生成的关键门槛，但多轮编辑顽固性问题仍存在；Shutterstock股价在AI图像需求预期下上涨12%（年内）。
really incredible what you're now able to create with a little bit of compute. excited for new applications in areas like education, professional settings (slides, marketing materials, etc), and productivity (such as creating diagrams for code documentation).
INCOMING APPLE $AAPL CEO JOHN TERNUS JUST SPOKE TO ALL THE APPLE EMPLOYEES Ternus said he is "especially excited to be stepping into this role at this moment, because I am telling you we are about to change the world once again." "AI is going to create almost unlimited
Deutsche Telekom is considering a full combination with its American arm T-Mobile US, a move that would create a multinational telecom group and rank as the largest-ever public M&A deal
UNITED AIRLINES $UAL JUST REPORTED EARNINGS [QT @WOLF_Financial: EPS: $1.19 vs $1.07 est 🟢 Adjusted Net Income: $400M vs $348.8M est 🟢 The guidance: • Cutting capacity 5 points for the rest of the year • Q3/Q4 capacity now flat to +2% • Expects to recover only 40-50% of fuel cost increases]
BREAKING: Vice President JD Vance's planned trip to Pakistan is "on hold" after Iran failed to respond to US negotiating terms, per NYT. Ceasefire talks are now "paused" with the ceasefire deadline expiring in 27 hours.
🇺🇸 PRESIDENT TRUMP JUST POSTED THIS: "I have therefore directed our Military to continue the Blockade and, in all other respects, remain ready and able, and will therefore extend the Ceasefire until such time as their proposal is submitted, and discussions are concluded"
As @POTUS has made clear, the United States Navy will continue the blockade of Iranian ports. In a matter of days, Kharg Island storage will be full and the fragile Iranian oil wells will be shut in. Constraining Iran's maritime trade directly targets the regime's primary
The Iranian regime must be held accountable for its extortion of global energy markets and indiscriminate targeting of civilians with missiles and drones. Under @POTUS' leadership, as part of Economic Fury, Treasury will continue to follow the money and target the Iranian
New York Attorney General Letitia James sued exchanges Coinbase and Gemini, accusing them of operating prediction markets that violate state gambling laws.
I believe that people should be able to do anything they choose with their money. But I also believe that adding perpetual futures to prediction markets and the ability to gamble on literally everything at anytime with leverage is probably a sign of end times.
BREAKING: The S&P 500 closes lower, erasing -$420 billion in market cap, as Iran makes a "final decision" to not attend talks with the US in Pakistan tomorrow.
Kevin Warsh repeatedly pledged to act independently if he's confirmed as the next Federal Reserve chair in testimony before the Senate Banking Committee Tuesday.
Sam Altman与OpenAI联合创始人Greg Brockman等人实测展示了该模型在文本渲染、漫画创作、学术图表等场景的突破能力。研究者emollick指出模型在多轮编辑迭代后存在"顽固性"问题，但总体质量已跨越实用阈值，使幻灯片、营销材料及代码文档图示等专业场景的AI图像生成成为可能。Shutterstock股价在模型发布同日引发关注，因其向AI实验室出售图像的业务受益。
really incredible what you're now able to create with a little bit of compute. excited for new applications in areas like education, professional settings (slides, marketing materials, etc), and productivity (such as creating diagrams for code documentation).
UNITED AIRLINES $UAL JUST REPORTED Q1 EARNINGS EPS: $1.19 vs $1.07 est 🟢 Adjusted Net Income: $400M vs $348.8M est 🟢 The guidance: • Cutting capacity 5 points for the rest of the year • Q3/Q4 capacity now flat to +2% • Expects to recover only 40-50% of fuel cost increases
UnitedHealth raised its annual profit forecast and beat expectations for first-quarter results, sending its shares up more than 10%, as the company took steps toward its promised turnaround.
Iran 'final decision' not to attend Pakistan talks; VP Vance trip cancelled; Pakistan-brokered '10-point ceasefire plan' rejected; ceasefire set to expire April 22
BREAKING: We have obtained more detail on Iran's "final decision" to not attend talks with the US in Pakistan tomorrow. Details include: 1. Iran says a Pakistan-brokered "10-point" ceasefire plan was proposed 2. Iran believes this plan was undermined by "weak enforcement" 3.
Trump extends ceasefire indefinitely; US Navy blockade continues; Kharg Island storage 'will be full in matter of days'; Iranian oil wells 'will be shut in'
As @POTUS has made clear, the United States Navy will continue the blockade of Iranian ports. In a matter of days, Kharg Island storage will be full and the fragile Iranian oil wells will be shut in. Constraining Iran's maritime trade directly targets the regime's primary
Iran: 'Won't reopen Hormuz while naval blockade persists'; 'Will use force if necessary to break blockade'; Hormuz 'effectively fully closed' if shadow of war maintained
SpaceXAI and @cursor_ai are now working closely together to create the world's best coding and knowledge work AI. The combination of Cursor's leading product and distribution to expert software engineers with SpaceX's million H100 equivalent Colossus training supercomputer will
really incredible what you're now able to create with a little bit of compute. excited for new applications in areas like education, professional settings (slides, marketing materials, etc), and productivity (such as creating diagrams for code documentation).
BREAKING: The S&P 500 closes lower, erasing -$420 billion in market cap, as Iran makes a 'final decision' to not attend talks with the US in Pakistan tomorrow.
UAL Q1 EPS $1.19 vs $1.07 est; Adj Net Income $400M vs $348.8M est; fuel costs +$340M; cutting capacity 5pts rest of year; recovering only 40-50% of fuel cost increases
UNITED AIRLINES $UAL JUST REPORTED Q1 EARNINGS EPS: $1.19 vs $1.07 est 🟢 Adjusted Net Income: $400M vs $348.8M est 🟢 The guidance: • Cutting capacity 5 points for the rest of the year • Q3/Q4 capacity now flat to +2% • Expects to recover only 40-50% of fuel cost increases
UnitedHealth raised its annual profit forecast and beat expectations for first-quarter results, sending its shares up more than 10%, as the company took steps toward its promised turnaround.
BREAKING: We have obtained more detail on Iran's 'final decision' to not attend talks with the US in Pakistan tomorrow. Details include: 1. Iran says a Pakistan-brokered '10-point' ceasefire plan was proposed 2. Iran believes this plan was undermined by 'weak enforcement' 3.
⚠️ BREAKING: Trump on Iran: I will extend the ceasefire until such time as their proposal is submitted, and discussions are concluded, one way or another - Truth Social
Kharg Island storage full 'in days'; Iran: 'Won't reopen Hormuz while naval blockade persists'; Iran military warns of 'powerful attack on predetermined targets'
As @POTUS has made clear, the United States Navy will continue the blockade of Iranian ports. In a matter of days, Kharg Island storage will be full and the fragile Iranian oil wells will be shut in. Constraining Iran's maritime trade directly targets the regime's primary [revenue source].
bitcoin exchange reserves just hit 2.679m BTC, lowest since december 2017. in the same 10 days, morgan stanley launched MSBT at 0.14% fees (cheapest BTC ETF ever, $100m in 6 days), goldman filed a covered-call BTC income ETF targeting the $12T fixed-income replacement market, and
Kevin Warsh Senate confirmation hearing Tuesday; 'Fed independence is largely up to the Fed'; inflation Fed's 'responsibility without excuse or equivocation'
If the Fed is responsible for offsetting supply shocks, then Warsh should've been calling for hikes over the last year. He hasn't been because everything that comes out of his mouth has been for an audience of one. He won't have that luxury when he's actually in the seat.
Anthropic STEM Fellows Program; experts across science/engineering; multi-month projects alongside research teams
We're launching the Anthropic STEM Fellows Program. AI will accelerate progress in science and engineering. We're looking for experts across these fields to work alongside our research teams on specific projects over a few months.
An American delegation, led by Vice President JD Vance, will soon leave for Pakistan to resume talks with Iran over the nearly two-month war. Iranian officials have been noncommittal about attending the next round of talks. President Trump also sent mixed signals, predicting
Labor Secretary Lori Chavez-DeRemer is out of President Donald Trump's Cabinet, the administration announced Monday, after a series of alleged abuses of her position's power, including having an affair with a subordinate and drinking alcohol on the job.
A key border crossing between Iraq and Syria reopened on Monday for the first time in more than a decade, with officials highlighting its potential for trade and oil exports.
Chainlink reserve: 3.06M LINK (+~120K/wk from enterprise payments); staking v0.2: 27.5M LINK (~5% supply); ETFs (GLNK+CLNK): 1.5% supply absorbed; zero outflow days
chainlink reserve holds 3.06m LINK and is accumulating ~120k LINK per week from enterprise payments. ETFs (GLNK + CLNK) absorbed 1.5% of circulating supply with zero outflow days recorded. 27.5m LINK locked in staking v0.2. that's roughly 5% of supply removed and growing.
Polymarket US (closed beta): $255M reported; Kalshi: $460M; organic volume: only $13M (<$1K trades); 90% from bots; one instance: $10M in sporadic 1-sec spurts
Nice paid partnership @TheBlockCo. Might be worth also showing how much of Poly US Masters volume was actually organic... Only $13M came from trades under $1k, with 90% of the volume coming from a few bots cycling millions in sporadic 1-second spurts. One instance: $10M traded
The world is heading into a historic debt crisis: Global government debt is projected to surge to 102% of GDP by 2031, a level previously seen only in the aftermath of World War II, according to the IMF. World government debt already stands at ~94% of GDP.
US electricity bills are surging: Average US residential electricity prices rose +5% YoY, to a record 17.3 cents per kilowatt-hour in 2025. Since January 2020, electricity prices have risen +30% or more in at least 11 US states, with the steepest increases concentrated in the
Massive buybacks are coming to the US market: Buyback authorizations across the Russell 3000 surged +36% YoY, to a record $428 billion so far in 2026. Authorizations are now +176% above the same period in 2020. At a historical execution rate of ~90%, US corporates are now on
We're launching the Anthropic STEM Fellows Program. AI will accelerate progress in science and engineering. We're looking for experts across these fields to work alongside our research teams on specific projects over a few months.
Chinese humanoid robots; Beijing half-marathon; far exceeded human runners; vast improvement vs year earlier; China already has robot dogs with mounted machine guns
Do not miss the military messaging here. Remember: China already has robot dogs with mounted machine guns. [QT @ReutersChina: Dozens of Chinese-made humanoid robots showed off their fast-improving athleticism as they whizzed past human runners in a half-marathon race in Beijing on Sunday, having lagged far behind a year earlier.]
South Korean stocks climbed to a record, powered by chipmakers as the artificial intelligence trade regained momentum and optimism reemerged about a US-Iran peace deal.
Steel Dynamics beat analysts' estimates for first-quarter revenue, reporting its fastest growth in nearly four years as rising steel prices and a record 3.6 million tons in steel shipments drove a rebound in profit.
Chainlink reserve: 3.06M LINK; accumulating ~120k/week; ETFs (GLNK+CLNK) absorbed 1.5% of supply, zero outflow days; 27.5M LINK in staking v0.2; ~5% of supply removed
chainlink reserve holds 3.06m LINK and is accumulating ~120k LINK per week from enterprise payments. ETFs (GLNK + CLNK) absorbed 1.5% of circulating supply with zero outflow days recorded. 27.5m LINK locked in staking v0.2. that's roughly 5% of supply removed and growing.
Nice paid partnership @TheBlockCo. Might be worth also showing how much of Poly US Masters volume was actually organic... Only $13M came from trades under $1k, with 90% of the volume coming from a few bots cycling millions in sporadic 1-second spurts. One instance: $10M traded
We're launching the Anthropic STEM Fellows Program. AI will accelerate progress in science and engineering. We're looking for experts across these fields to work alongside our research teams on specific projects over a few months.
Victory Giant, a Chinese supplier of Nvidia, a set to begin trading in Hong Kong on Tuesday after raising $2.6 billion in the city's largest listing in seven months
Nice paid partnership @TheBlockCo. Might be worth also showing how much of Poly US Masters volume was actually organic... Only $13M came from trades under $1k, with 90% of the volume coming from a few bots cycling millions in sporadic 1-second spurts. One instance: $10M traded
EQT has raised $15.6 billion for its latest private equity Asia fund, the largest pool of capital ever assembled for the region, as global investors look beyond the US amid elevated uncertainty
South Korea's new central bank chief signaled a cautious and flexible approach to monetary policy as higher oil prices add to inflation pressures while clouding the outlook for economic growth
Hedge funds and other asset managers are ramping up bets on dollar weakness using options, in a sign the market is turning even further against the US currency as haven demand wanes
$4.7B allocated; Penn Station (NYC) + Union Station (DC) renovation
Trump administration allocating $4.7 billion to renovate New York City's Penn Station and Washington's Union Station, providing funds to enhance two iconic East Coast transportation hubs
AI adoption is surging among US employees: 50% of employed American adults used AI in their role at least a few times in Q1 2026, up from 46% in Q4 2025, according to a Gallup survey. This percentage has more than DOUBLED over the last 3 years. Furthermore, 13% of surveyed
Blue Origin New Glenn; upper-stage malfunction; failed satellite launch, Cape Canaveral FL; FAA investigation ordered
Federal aviation regulators ordered billionaire Jeff Bezos' space company, Blue Origin, to investigate the upper-stage malfunction of its New Glenn rocket during a failed weekend satellite launch from Florida.
Banks are stepping up hiring and offering raises of as much as 30% for investment bankers as a booming market for share sales is attracting a wave of fresh competition, boosting demand for experienced dealmakers
Hedge funds and other asset managers are ramping up bets on dollar weakness using options, in a sign the market is turning even further against the US currency as haven demand wanes
South Korea's new central bank chief signaled a cautious and flexible approach to monetary policy as higher oil prices add to inflation pressures while clouding the outlook for economic growth
Copper smelters in China churned out a record volume of refined metal last month, as surging prices of byproduct sulfuric acid encouraged higher output and aided the industry's profitability
AI adoption is surging among US employees: 50% of employed American adults used AI in their role at least a few times in Q1 2026, up from 46% in Q4 2025, according to a Gallup survey. This percentage has more than DOUBLED over the last 3 years.
Federal aviation regulators ordered billionaire Jeff Bezos' space company, Blue Origin, to investigate the upper-stage malfunction of its New Glenn rocket during a failed weekend satellite launch from Florida.
A 20-year-old PauseAI member threw a Molotov cocktail at Sam Altman's home and then threatened to burn down OpenAI HQ. This isn't random. It's what happens when a billion-dollar ideology gets amplified by every major media outlet for years.
Banks are stepping up hiring and offering raises of as much as 30% for investment bankers as a booming market for share sales is attracting a wave of fresh competition, boosting demand for experienced dealmakers
Hedge funds and other asset managers are ramping up bets on dollar weakness using options, in a sign the market is turning even further against the US currency as haven demand wanes
AI adoption is surging among US employees: 50% of employed American adults used AI in their role at least a few times in Q1 2026, up from 46% in Q4 2025, according to a Gallup survey. This percentage has more than DOUBLED over the last 3 years.
Moonshot的Kimi K2.6在Artificial Analysis Intelligence Index上以54分排名第四，成为最强开源权重模型，但研究人员指出其实际使用效果不及基准测试落后的Claude Opus 4.6
Kimi K2.6 #4 on AI Intelligence Index (score 54); top open-weights model; beats Claude Opus 4.6 on benchmarks but underperforms in real-world use
Kimi K2.6的发布再次引发对AI基准测试可靠性的质疑——研究人员指出开源模型存在系统性"基准虚高"现象，实际体验与测试成绩存在明显落差；模型已上线HuggingChat供公众验证。
I find that open weights models over-perform on benchmarks compared to actual real-world usage, and Kimi feels like no exception. For example, a small amount of use will show that Kimi is not as good as Claude Opus 4.6, which it beats on the benchmarks. Still a good model, tho!
Shares of South Korea's top battery makers jumped on Tuesday after clinching deals with Mercedes-Benz, providing a welcome boost to a sector that has been hit by the slowing global transition to electric vehicles
aave's risk advisor tokenlogic was getting paid by kelpdao for treasury management and simultaneously pushed 86% LTV for rsETH as aave collateral. conflict was disclosed. governance passed it anyway with 5-10% voter turnout. spark froze rsETH 3 months before the exploit and grew
Hedge funds and other asset managers are ramping up bets on dollar weakness using options, in a sign the market is turning even further against the US currency as haven demand wanes
Tucker Carlson: 'I'll be tormented for a long time by the fact that I played a role in getting Donald Trump elected. And I want to say that I'm sorry for misleading people.'
Tucker Carlson: "I'll be tormented for a long time by the fact that I played a role in getting Donald Trump elected. And I want to say that I'm sorry for misleading people."
aave's risk advisor tokenlogic was getting paid by kelpdao for treasury management and simultaneously pushed 86% LTV for rsETH as aave collateral. conflict was disclosed. governance passed it anyway with 5-10% voter turnout. spark froze rsETH 3 months before the exploit and grew
BoJ: It's necessary to carefully monitor the impact on the financial system of geopolitical risks, particularly regarding the situation in the Middle East
The AI boom is a blue collar work golden age. America has evolved from coal mining to building token mines [QT @Meta_Engineers: Today we're announcing LevelUp: a free, four-week training program that takes people with no prior experience and prepares them to work as fiber technicians on data center construction sites across the US. We built this program with CBRE because the fiber technician field...]
find Nansen on Agentic Market [QT @MilkRoad: HUGE: @Coinbase just dropped a new agent-to-agent marketplace that will help accelerate Agential Commerce onchain. Think of it like the app store, but for robots... Step 1: Your AI agent needs a capability it doesn't have.]
Disruption to global oil supplies from the Iran war has added more than $100 to the price of long-haul flights from Europe, a cost likely to trigger higher ticket prices, campaign group Transport & Environment said.
find Nansen on Agentic Market [QT @MilkRoad: HUGE: @Coinbase just dropped a new agent-to-agent marketplace that will help accelerate Agential Commerce onchain. (Save this - you'll come back to it). Think of it like the app store, but for robots... Step 1: Your AI agent needs a capability it doesn't have. Maybe it needs https://t.co/7sciNRGfR4]
South Korean police have requested a detention warrant for Bang Si-hyuk, the chairman of Kpop agency HYBE, over alleged illegal trading tied to the company's initial public offering.
More than a year into his second term, President Trump's aggressive trade moves have not fundamentally altered Beijing's trade or military actions. Instead, Washington's China policy appears adrift, causing confusion among officials and driving contradictory decisions.
huge day for victims of the kelp dao hack, i hope that we can look back on today as the day our industry realized that we can simultaneously build useful products while also protecting users rather than be a consequence-free infinite money glitch for hackers
Robbins: Downing St pressured Foreign Office on Mandelson vetting; PM Starmer admits wrong to appoint; security vetting primary concern not Epstein link
GA for safety -- bunch more fake profiles of @SeliniCapital "Employees" messaging lot of people on TG-- Be mindful of profiles like this on TG, even if they get a noreply@selini email to you "confirming" them- its all spoofed.
Learn mech eng, learn electrical engineering, learn physics. AI's can handle the world of bits. The frontier is in the world of atoms. [QT @deedydas: Computer Science majors are down 8% this year, the biggest drop since 2003-08. This is the beginning of the third major decline in CS in history. If you majored in CS during the last slump, youd have pretty well for yourself. I suspect history will repeat itself today.]
Prime auto loan bonds weakening; 36% households expect worse finances (highest since Apr 2025, NY Fed); home sellers outnumber buyers 43.1% vs 28% YoY (Redfin)
Share of households expecting a worse financial situation a year from now increased to 36% in March, highest level since April 2025 according to @NewYorkFed
ECB VP de Guindos: "measured approach" to rates; Russia oil to India >2 mln bpd Apr-May; new US waiver on Russian oil may raise supplies to fresh records
$MMM 3M Q1 2026 Earnings Adj EPS $2.14, est. $1.98 Rev. $6B, est. $6B Still sees FY adj. organic sales about +3% Still sees FY adj. total sales about +4%
$BTC has been in this position 3 times in the last 8 months. October 2025 January 2026 April 2026 Each time has capped the ascent. If you're looking to short you have the best RR. If you're looking for exposure and to be long you work with simplicity. If this breaks up,
Private markets are on Solana [QT @joinrepublic: Republic × @bitget. Private markets have historically been a closed room. This opens a new door. Pre-IPO token exposure to some of the world's most sought-after private companies. Distributed through Bitget's exchange on @solana.]
36% households expect worse finances (highest since Apr 2025, NY Fed); home sellers outnumber buyers by 43.1% (Redfin, Mar); prime auto loan bonds weakening
Share of households expecting a worse financial situation a year from now increased to 36% in March, highest level since April 2025 according to @NewYorkFed
Blue Energy raised $380M; small prefabricated nuclear reactors for data centers; data center construction: $3B (2016) → $47B today, surpassed general office for 3 consecutive months
Europe's largest defense technology group Thales reported first-quarter sales well above analyst forecasts. Revenues rose nearly 10% largely due to surging deliveries.
$BTC has been in this position 3 times in the last 8 months. October 2025 January 2026 April 2026 Each time has capped the ascent. If you're looking to short you have the best RR. If you're looking for exposure and to be long you work with simplicity. If this breaks up,
Bonds tied to US prime auto loans are weakening, signaling that investors are getting slightly more worried about the strength of consumers as more borrowers fall behind on car debt payments, per Bloomberg.
JPMorgan analysts today raised its year end price target for the S&P 500 back up to 7,600 after a downgrade to 7,200 points made just last month - Bloomberg
$MMM 3M Q1 2026 Earnings Adj EPS $2.14, est. $1.98 Rev. $6B, est. $6B Still sees FY adj. organic sales about +3% Still sees FY adj. total sales about +4%
$BTC has been in this position 3 times in the last 8 months. October 2025 January 2026 April 2026 Each time has capped the ascent. If you're looking to short you have the best RR. If you're looking for exposure and to be long you work with simplicity. If this breaks up,
Kevin Warsh Senate Banking Committee hearing; Trump: 'I want Kevin. He's central casting'; Trump reiterates US should have 'lowest interest rate in the world'
Trump reiterates that the US should have the lowest rates in the world as he doubles down on its support for Warsh. "I want Kevin. I think Kevin's great. He's central casting"
Jeff Bezos is close to raising $10 Billion at a $38 Billion valuation for his new private AI startup [QT @TreasuryEdge: JEFF BEZOS' NEW AI STARTUP "PROJECT PROMETHEUS" IS CLOSE TO RAISING $10 BILLION AT A $38 BILLION VALUATION Per a Financial Times report, Bezos is a founding investor and is leading the raise himself. JPMorgan $JPM and BlackRock $BLK are among the backers, and the round is...]
$GOOGL and $AMZN, among others, are becoming serious CHIP companies that investors are not giving enough credit for. Right now, $AMZN has around 1-1.5 GW of Trainium chips while $GOOGL has 2-3 GW of TPUs running. Given the OpenAI and Anthropic deals announced for the next few
JPMorgan analysts today raised its year end price target for the S&P 500 back up to 7,600 after a downgrade to 7,200 points made just last month - Bloomberg
And just like magic, $IONQ is up 40% since Rep. Greg Steube disclosed buying IonQ [QT: Well this probably should raise some flags Rep. Greg Steube (R) disclosed buying IonQ $IONQ on March 17th Today, IonQ announced a new DARPA contract and an Air Force Research Lab tech breakthrough The stock is up 14% today All while Steube sits on the House Intelligence...]
Spain is moving to give legal status to roughly 500,000 undocumented migrants under a new plan approved by Prime Minister Pedro Sánchez's government, per CBS
Moody's upgrades Thailand credit outlook to Stable from Negative; affirmed at Baa1; citing easing US tariff downside risks and improved domestic investment
Moody's Ratings upgraded Thailand's credit outlook to stable from negative, citing easing downside risks from US tariffs and improved domestic investment momentum. The sovereign rating was affirmed at Baa1.
Demand for US assets is extremely strong: The number of days with US stocks, the US Dollar, and bonds all declining simultaneously is down to just 9 in 2026, on track for the lowest annual reading in 11 years. By comparison, the 1990s saw 30-60 such days per year, with the peak
Oxford Economics: global GDP +2.9% in 2026; Ireland growth forecast cut to 1.5%-2.1%; UK inflation avg 3.2%, growth 0.7% in 2026; Goldman CEO Solomon: US recession risk 'not materially elevated right now'
$GOOGL and $AMZN, among others, are becoming serious CHIP companies that investors are not giving enough credit for. Right now, $AMZN has around 1-1.5 GW of Trainium chips while $GOOGL has 2-3 GW of TPUs running. Given the OpenAI and Anthropic deals announced for the next few
President Trump threw cold water on the idea of a merger between United Airlines and American Airlines, adding to Washington lawmakers' dim view of a potential megadeal
X402 Foundation (Coinbase-incubated) launches 'Agent Market' app store for AI agents; pay-per-use micropayments; supports major AI providers; described as 'agentic commerce'
COINBASE-INCUBATED X402 FOUNDATION LAUNCHES 'AGENT MARKET' APP STORE FOR AI AGENTS POWERING AGENTIC COMMERCE WITH PAY-PER-USE MICROPAYMENTS ACROSS MAJOR PROVIDERS
Crypto Fear & Greed: 33/100 (Fear); Overall Fear & Greed: 72/100 (Greed); 39-point divergence; Bitcoin described as 'thriving in chaos as crypto & DeFi crumbles'
Trump: 'I would be disappointed if the Fed does not cut rates'; 'US should always have the lowest interest rate in the world'; 'I want Kevin. I think Kevin's great. He's central casting'
The Semiconductor Index, $SOX, has rallied for 14 consecutive trading sessions, the 2nd-longest streak in history. The index is on track to exceed its record 15-day stretch set in 2014.
~50% of US data centers planned for 2026 facing delays/cancellations; power grid bottleneck; grid modernization requires trillions; Switch raised $2.6B bank pledges for power procurement
Nearly half of the US data centers planned for 2026 are facing delays or cancellations, as crippling power grid bottlenecks threaten to stall the AI revolution. Modernizing the power grid will require trillions of dollars, Adam Patti from VistaShares says
Hedge funds are aggressively buying tech stocks: Hedge funds purchased global technology stocks more than any other sector last week. Information Technology names were purchased for the first time in 5 weeks, led by semiconductors, electronic equipment, and software.
COINBASE-INCUBATED X402 FOUNDATION LAUNCHES 'AGENT MARKET' APP STORE FOR AI AGENTS POWERING AGENTIC COMMERCE WITH PAY-PER-USE MICROPAYMENTS ACROSS MAJOR PROVIDERS
Political groups tied to the cryptocurrency industry are sitting on a nearly $180 million war chest ahead of this year's midterm elections, giving it the ability to outspend even some of the Republican Party's most prominent super PACs
Correct. After making proper price adjustments, consumption is no great shakes. Apparel prices rose. Sales at clothing stores? Flat. Food away from prices? Up. Sales at restaurants? Up a tenth.
Nearly half of the US data centers planned for 2026 are facing delays or cancellations, as crippling power grid bottlenecks threaten to stall the AI revolution. Modernizing the power grid will require trillions of dollars, Adam Patti from VistaShares says
Current momentum in US semiconductor stocks is historic: The Semiconductor Index, $SOX, has rallied for 14 consecutive trading sessions, the 2nd-longest streak in history. The index is on track to exceed its record 15-day stretch set in 2014.
COINBASE-INCUBATED X402 FOUNDATION LAUNCHES 'AGENT MARKET' APP STORE FOR AI AGENTS POWERING AGENTIC COMMERCE WITH PAY-PER-USE MICROPAYMENTS ACROSS MAJOR PROVIDERS
BREAKING: @tryramp now supports USDT on Solana. [QT: support for @tether on Solana, Plasma, & Ethereum in @tryramp is live! USD → USDT: $0 in fees USDT → USD: $0 in fees Across our entire suite of products.]
Political groups tied to the cryptocurrency industry are sitting on a nearly $180 million war chest ahead of this year's midterm elections, giving it the ability to outspend even some of the Republican Party's most prominent super PACs
Nearly half of the US data centers planned for 2026 are facing delays or cancellations, as crippling power grid bottlenecks threaten to stall the AI revolution. Modernizing the power grid will require trillions of dollars, Adam Patti from VistaShares says
Amazon launches national GLP-1 weight-loss program; new weekly GLP-1 users: 200K→300K since oral Wegovy launched at $150/month; 15-20% market flow to compounded versions without clinical trials
Tesla: steep drop in California vehicle registrations; consumers 'increasingly embrace hybrid vehicles'; BNP Paribas maintains bearish thesis ahead of earnings
⭕️Hezbollah launched several rockets toward IDF soldiers operating south of the Forward Defense Line, in the area of Rab Thalathin in southern Lebanon. In response, the IDF struck the launcher from which the rockets were launched.
Arbitrum made the right call on seizing the 31K ETH As goes the saying - finder's keepers - I would expect Arbitrum users to be made 100% whole, and others to now bear the brunt The odds of losses being concentrated on Aave mainnet pools just went up substantially, as did the
Political groups tied to the cryptocurrency industry are sitting on a nearly $180 million war chest ahead of this year's midterm elections, giving it the ability to outspend even some of the Republican Party's most prominent super PACs
Following positive feedback from other venues, like STOC and ICML, NeurIPS is pleased to announce a new initiative in partnership with Google: for NeurIPS 2026, authors will have access to Google's Paper Assistant Tool (PAT) to help improve their submissions.
NEW: RIPPLE $XRP OUTLINES PLAN FOR XRPL QUANTUM RESISTANCE INCLUDING Q-DAY READINESS, MIGRATION TESTING, POST-QUANTUM INTEGRATION, AND FULL DEPLOYMENT BY 2028
China's demand for gold is reaccelerating: Chinese gold imports rose to 162 tonnes in March, the highest since March 2024. This marks the 3rd consecutive monthly increase. Year-to-date, China has imported ~365 tonnes of gold. Furthermore, China's central bank acquired 5 [tonnes]
White House-UAE currency swap line under discussion (CNBC); Trump admin considering financial bailout for UAE over Iran war losses (WSJ via @goldman QT)
Following positive feedback from other venues, like STOC and ICML, NeurIPS is pleased to announce a new initiative in partnership with Google: for NeurIPS 2026, authors will have access to Google's Paper Assistant Tool (PAT) to help improve their submissions.
Hezbollah rockets at IDF south of Forward Defense Line, Rab Thalathin area; IDF struck launcher; IDF: "blatant violation of ceasefire"; Hezbollah: response to ceasefire violations by Israel
⭕️Hezbollah launched several rockets toward IDF soldiers operating south of the Forward Defense Line, in the area of Rab Thalathin in southern Lebanon. In response, the IDF struck the launcher from which the rockets were launched.
NEW: RIPPLE $XRP OUTLINES PLAN FOR XRPL QUANTUM RESISTANCE INCLUDING Q-DAY READINESS, MIGRATION TESTING, POST-QUANTUM INTEGRATION, AND FULL DEPLOYMENT BY 2028
Combining NVIDIA accelerated computing, @Adobe Firefly and @WPP's expertise, we're enabling agentic systems that deliver both speed and safety. ✅ Agentic workflows that handle multi-step content creation and production ✅ Secure, brand-aware generative AI built for enterprise
Iran Hormuz closure threat; IRGC warns Gulf Arab states 'goodbye to oil production'; Iran 'will use force to break blockade'; Hezbollah fires rockets at Israel
Commander of Iran's Revolutionary Guards Aerospace Force warns Gulf Arab states against using enemy facilities to attack Iran: They would have to say goodbye to oil production - Mehr News.
arbitrum ($ARB) at $753m market cap sitting on $10.2b TVL is 0.074x TVL/FDV. for context that's cheaper than morpho. stylus went live with rust, C++, and move support, opening the funnel to 7m+ developers who never touched solidity. robinhood chain did 4m transactions in 7 days
China's demand for gold is reaccelerating: Chinese gold imports rose to 162 tonnes in March, the highest since March 2024. This marks the 3rd consecutive monthly increase. Year-to-date, China has imported ~365 tonnes of gold. Furthermore, China's central bank acquired 5
Andrew Hugg, Branch Chief of Nuclear Chemical Surety at Pentagon (since August 2024); caught on hidden camera leaking classified info to stranger; per James O'Keefe
Breaking: A U.S. Army Nuclear Chief was just caught on hidden camera leaking classified information to a stranger in a restaurant, per @JamesOKeefeIII His name is Andrew Hugg, Branch Chief of Nuclear Chemical Surety at the Pentagon since August 2024 He confirmed: • Plans to
Japan on Tuesday scrapped a ban on lethal weapons exports, a major change in its postwar pacifist policy as the country seeks to build up its arms industry amid worries over Chinese and North Korean aggression.
I believe that people should be able to do anything they choose with their money. But I also believe that adding perpetual futures to prediction markets and the ability to gamble on literally everything at anytime with leverage is probably a sign of end times.
arbitrum ($ARB) at $753m market cap sitting on $10.2b TVL is 0.074x TVL/FDV. for context that's cheaper than morpho. stylus went live with rust, C++, and move support, opening the funnel to 7m+ developers who never touched solidity. robinhood chain did 4m transactions in 7 days
Weakness coming through on indexes with bear divs across the $SPX highs. Meanwhile it feels as though crypto has barely moved and now faces the added pressure of a Tradfi sell off. (Despite the fact BTC is up 20% in the same period that SPX is up 13%)
US API Crude Oil Stock Change Actual -4.47M (Forecast -1M, Previous 6.1M) US API Cushing Stock Change Actual 0.678M (Forecast -, Previous -1.7M) US API Gasoline Stock Change Actual -5.165M (Forecast -, Previous 0.626M) US API Distillate Stock Change Actual -4.59M (Forecast -, Previous -3.4M)
The US demographic situation is getting worse: The total fertility rate fell to 1.57 births per woman in 2025, the lowest since the data began in the 1930s. A rate below 2.1 births per woman means a population is no longer replacing itself and is shrinking when excluding [immigration]
Kevin Warsh repeatedly pledged to act independently if he's confirmed as the next Federal Reserve chair in testimony before the Senate Banking Committee Tuesday.
With Donald Trump's war in Iran diminishing expectations for a Bank of Japan interest-rate hike next week, a majority of economists are now betting the next increase will come in June, according to a survey by Bloomberg News.
Congrats to @FrameworkPuter for shipping the new F13 Pro with Panther Lake! I've had a unit for a while, and made sure that Omarchy works great on it out of the box. Love the fun new colors for the keyboard too. If you're fine with an IPS panel, this is a great choice.
Capital One, the biggest US credit-card lender, reported a first-quarter profit that missed Wall Street estimates and set aside more cash to cover soured loans.
I've met many of these Afghan vets - both in Afghanistan and here in the U.S. - as have many lawmakers from both parties. They risked their lives alongside U.S. forces and believed the U.S. would honor its commitments. This is a stunning blow to this community.