ChatGPT Images really taking off [QT @nickaturley: So amazing to see the reception for the new ChatGPT images. Usage up >50% in just a few weeks + nearly 60% of daily users coming from newly logged-in users. Incredible breadth of utility across home design, learning, work graphics, creative etc]
Japanese Finance Minister Satsuki Katayama declined to comment if authorities intervened to support the yen last week, after reports said they had entered the market for the first time since 2024
After my term as chair ends on May 15th, I will continue to serve as a governor for a period of time to be determined. I plan to keep a low profile as a governor," Powell said at his last presser as Fed chair.
Yep. [QT @casper_hansen_: ai psychosis is rising. once again: we need more engineers, not less. kimi k2.6 and deepseek v4 prove open-source scaling isn't stopping. the market cap of what's built on top already exceeds openai + anthropic combined.]
the last shot where the wheel fell off was fuking epic [QT @WallStreetMav: Spirit Airlines (1992-2026) Thanks for the memories. Special moments that we will always remember.]
More than 350 U.S. service members have been injured since military action against Iran began in February. The majority of those are traumatic brain injuries. TBIs have become the defining injury of post 9/11 conflicts, and the symptoms can often linger for years, or even a
taiwan's central bank has 30 days to deliver a digital asset reserve report to the legislative yuan. 4th largest FX reserves on earth at $602b. even a 0.1% test allocation is $602m in BTC purchases. 23 nations now running sovereign accumulation strategies against 19.7m
Stepping down a few months from now, Tim Cook has overseen a spectacular run of Apple's stock as CEO. Here's a look at how much Apple shares have gained during his tenure.
BREAKING: Crypto card spending just hit $600M a month - up 6x in a year. In case you missed it: $7.2B has now moved through crypto cards on-chain • 24M transactions • 1.36M wallets • 62.5% in $USDT (@tether and @paoloardoino running the rails) • $348M on @solana (@toly)
blackrock IBIT captured $1.71b of $2.44b in april ETF inflows. 70% market share. but blackrock's own wealth management clients only bought $136.6m that same week. the bitcoin 101 advisor curriculum just launched. nearly all 170 advisors surveyed at bitgo summit own BTC personally
bitmine holds 4.5m ETH. 3.75% of total supply. 10.5% of all staked ETH. targeting 5% of supply which needs another 1.5m ETH. here's the part that makes this different from saylor's BTC playbook: staking generates 144,000 ETH per year at 3.2% APR. $330m in annual yield at current
Stablecoins move money across borders cheaply, instantly, and around capital controls. Brazil's central bank has banned them, addressing all three — including that incumbents would rather not compete. Libra ran this experiment in 2019. As it turns out, the answer has not changed.
Fed Governor Michael Barr said stress in private credit could spark "psychological contagion" leading to a broader credit crunch, once again warning against loosening the reins on Wall Street at a time of rising risks.
Hegseth: Their nuclear facilities have been obliterated Smith: Whoa whoa whoa whoa. We had to start this war, you just said, because the nuclear weapon was an imminent threat. Now you're saying it was completely obliterated? Hegseth: They had not given up their *ambitions*
circle minted $750m USDC on solana may 1. single day. 20% supply increase. wormhole moved $2.1b from ethereum to solana in Q1 alone, 69% of all solana inflows came directly from ETH. this isn't new money entering crypto. this is existing capital choosing a different execution
The Pentagon has announced that it will withdraw roughly 5,000 US troops from Germany — and President Trump has threatened to pull even more. What could this mean for transatlantic security?
XRP 1-month implied vol collapsed to 49.2. record low. at the same time you have EverNorth filing to list 473M XRP ($656m) as a NASDAQ treasury vehicle under $XRPN, RLUSD crossing $1B supply in under 12 months, and CLARITY Act markup approaching Senate Banking Committee.
Concern about a possible euro-area recession is "real and justified" as conflict in the Middle East causes a supply-side disruption, ECB Governing Council member Yannis Stournaras said
The UK is set to enter talks to join the European Union's €90 billion ($105 billion) Ukraine loan plan, underlining what the British government describes as "growing defense ties."
U.S. President Donald Trump announced a project that will start on Monday to help stranded ships leave the Strait of Hormuz, which Iran has effectively closed, but offered few details.
This one fixes the depenency issues/slowness some had when installed via npm. Plugins are hard, worth it tho! Package is way leaner now, we moved [almost] everything into extensions! [QT @openclaw: OpenClaw 2026.5.2 🦞 🧠 xAI Grok 4.3 🔌 Plugin installs/updates are sturdier ⚡ Gateway + agent hot paths are leaner 💬 Discord, Slack, Telegram, WhatsApp fixes 🎙️ TTS, Realtime, web search, voice-call polish Less drama. More uptime.]
New Berkshire Hathaway $BRK.B CEO Greg Abel "The price of opportunities to risk is not appealing at present." [QT @WOLF_Financial: GREG ABEL JUST RAN HIS FIRST BERKSHIRE HATHAWAY SHAREHOLDER MEETING AS CEO The biggest takeaways from his comments: On capital deployment: • "Over the long term, there will be significant opportunities to deploy capital." • "The price of opportunities to risk is not appealing"]
Hegseth: 'We will give them no quarter, no mercy' (March 13 press conference); Moulton: 'war crime under the Geneva Conventions. That's murder'; Hegseth: 'Department of War fights to win'
Moulton: At a press conference on March 13, you said, 'We will give them no quarter, no mercy.' That's a war crime under the Geneva Conventions. That's murder. Do you stand by that statement? Hegseth: The Department of War fights to win. Moulton: You called for Democratic
The list of Asian stocks that benefit from business partnership with Nvidia is getting longer, as the region further integrates into the AI chip giant's business ecosystem
Ajit Jain: "Insurance, much like investing, is a game that requires patience," Jain said on Saturday. "It is very difficult to get people to sit back and do nothing. Every now and then you will come across a deal that will hit you with a two-by-four and it will be screaming"
The Philippines said on Sunday that thousands of people have evacuated the area south of Manila after Mayon Volcano erupted, and authorities advised the public to stay out of the six-kilometer radius danger zone
Jane Street; high frequency trading; 'unprecedented success'; Bloomberg Originals
High frequency trading has transformed Wall Street into a universe of algorithms. No other firm captures this digital upheaval quite like Jane Street. Many are wondering what's behind its unprecedented success.
Vietnam's inflation picked up more than expected in April, as a surge in global energy prices driven by the Iran war began feeding through to transport and input costs
Oakland has highest taxes per capita among similar cities while services are among the worst. 44% of Measure E revenue goes to pre-approved union raises. The pattern: wrap dysfunction in moral language, attack anyone who asks where the money went
Malaysia's anti-graft agency said it has summoned former economy minister Rafizi Ramli for questioning following a probe into a deal involving semiconductor company Arm
More women are seeking treatment for menopause and perimenopause, driving a shortage of estrogen patches, one of the most commonly used forms of hormone therapy. Manufacturers are struggling to keep up with demand, leaving many to manage a range of difficult symptoms with little
Falcon 9; CAS500-2 rideshare; 45 payloads; 37-min window opens 11:59 p.m. PT; Pad 4E California
Falcon 9 is vertical at pad 4E in California ahead of tonight's launch of the CAS500-2 mission with 45 payloads on board. The 37-minute launch window opens at 11:59 p.m. PT
Harvey and Legora are essentially sales organisations that resell tokens. They have hired legions of ex big law juniors and mid levels as sales people ("GTM") along with some ex partners to wine and dine their former colleagues. They slap on a UI that makes them look different
South Korea Earth Observation Satellite No. 2; SpaceX Falcon 9; Kennedy Space Center, Florida; Yonhap News Agency
South Korea launched its next-generation mid-sized Earth observation satellite No. 2 aboard SpaceX's Falcon 9 rocket from the Kennedy Space Center in Florida, Yonhap News Agency reported on Sunday.
Senegal's president warned that the ruling party he founded with Prime Minister Ousmane Sonko is at danger of collapse amid growing signs of a rift between the two leaders
Citadel Securities Frank Flight report; software engineers = most AI-exposed occupation; demand accelerating since Feb 2026; violates displacement narrative
Narrative violation and great insight from the latest Citadel Securities banger by Frank Flight: 'We illustrated back in February that demand for software engineers, the most AI exposed occupation was accelerating higher, which we argued violates the displacement narrative.'
What is Storm-1516 and how far do its connections to the Russian government go? On this episode of Bloomberg Investigates, our reporters break down what the group is and how it seeks to influence foreign elections
Satflow anchor UTXO; bypasses Bitcoin mempool entirely; pre-signed PSBTs final at signature; 60-70% high-value ordinal transactions sniped on Magic Eden and OKX
satflow's anchor UTXO design bypasses bitcoin's mempool entirely. pre-signed PSBTs mean trades are final at signature, not at block confirmation. this kills the sniper bots that were intercepting 60-70% of high-value ordinal transactions on magic eden and OKX.
Amid a chorus of disappointed customers, Hershey announced it would adjust the ingredients in some of its classic brands to include more of the costly raw ingredient that makes chocolate — the cocoa bean.
Javier Milei's latest effort to coax Argentine savers to deposit their cash in dollar-denominated accounts is struggling to gain traction, highlighting the unique distrust citizens have for the government and banks
This is a good explanation of why the gap between open and closed models is larger than it appears in benchmarks. I would add in that current open models are also more fragile than closed: they handle out-of-distribution problems far less well & have lower emergent capabilities.
Sports expansion into the Middle East draws predictable reputational criticism. But @AdamMinter says F1's disruption during the Iran war shows that wasn't the real risk
100MW data center footprint vs solar panel land ratio; 'data centers 100 times this nameplate power draw in the nearish future'; 'I think we're gonna have to go nuclear'
I have truly never understood how solar-maxis intend to deal with this reality; I expect there to be data centers 100 times this nameplate power draw in the nearish future. What you see below is 100mw. The response I usually get is "America has a lot of land," which is just [not an answer]
Active funds systematically underweight largest MegaCaps to create budget for 'Best Idea' alpha expressions; passive/active overlap compounds the dynamic
"The problem McElligott notes is 'many Active funds are typically Underweighted [the largest MegaCaps] in order to create budget for \'Best Idea\' Stocks as Alpha expressions...'" -- WHAT??? C'mon... everyone 'knows' that active and passive own the same underlying exposures!
Adm. Brad Cooper, CENTCOM commander, visited USS Milius (DDG 69), May 2, as the guided-missile destroyer patrolled regional waters in support of the U.S. blockade operations against Iran. While on board, he interacted with Sailors and addressed them on the 1MC while highlighting
With equities back to their highs, investors are increasingly caught between left and right tail risks: The tireless AI and semiconductor rally on one side and the gradual drag from higher energy prices on the other.
Bessent: 'futures market shows oil prices lower 3 months, 6 months, 9 months out'; analyst: 'either he knows better and is lying, or he has no clue — mutually exclusive, neither makes a good money manager'
Hard to believe he used to run money - either he knows better about how futures mkts work and is lying to himself and the audience, or he has no clue. These are mutually exclusive, and neither makes for a good money manager
Treasury Secretary Scott Bessent said US financial and technology companies are "working on their resiliency" against artificial intelligence threats, including concerns that AI could be deployed to hack into bank accounts.
Had Spirit Airlines been allowed to merge with Jet Blue, it would have given them much more resiliency. Thanks to @SenWarren, @PeteButtigieg, and all of their friends in the Biden Administration who backed their enthusiastic opposition to the Spirit-Jet Blue merger, dozens of
The Iran war has triggered one of the biggest supply shocks in the oil market's history. Why, then, does Wall Street appear so unfazed? I asked former Goldman Sachs CEO Lloyd Blankfein, who has an excellent new memoir out called "Streetwise"
xAI could just offer a compute marketplace overnight and absolutely explode the revenue numbers before IPO. Turning SpaceX into a cloud provider makes more sense than trying to vertically integrate at the application layer
Private companies wait too long to go public. A trillion-dollar IPO means lost opportunity for retail investors. Regulation is to blame, writes Tom Callahan
For the recent 'Opus deleted our prod database' thing, did you also notice all these punctuation issues in the verbatim Opus output? These are not mistakes that any reasonable LLM makes. Not sure what's up, but this is almost certainly not a verbatim LLM output.
Senate Democratic leader Chuck Schumer called on the House of Representatives and the White House to follow the Senate's lead by imposing a ban on trading in fast-growing prediction markets.
Wednesday will amount to a sort of Groundhog Day for US bond dealers, who will — as has been the case for more than a year now — be watching for any change in guidance from the Treasury in its latest plan for debt issuance.
Crabbox 0.4.0. Often I need to quickly recreate conditions on macOS, Linux and Windows and need fast empheral machines. Crabbox are machines for agents on the fly, using AWS spot instances, Hetzner or @useblacksmith. Infinite codex + tests!
Wealthy investors are all-in on equities: Equity allocation among high-net-worth individuals is up to 65% of total assets, the highest since December 2021. This percentage has risen +7 points since 2023 and is just below the 2021 meme stock frenzy peak of 66%.
Man Group信贷风险共担联席主管Matthew Moniot接受FT采访时表示，当前私人信贷规模"远超以往任何认知"，银行"很快就会被压垮"。
Man Group; Matthew Moniot co-head of credit risk sharing; FT; $XLF; 'out of scale to anything we've thought about, ever'; 'Banks very quickly start choking'
".. The sizes we're talking about . . . they're out of scale to anything we've thought about, ever," said Matthew Moniot, co-head of credit risk sharing at Man Group. "Banks very quickly start choking." @FT $XLF
Iran can just say they mined the strait and need time to de-mine. Run the Elon playbook: '6mthns maybe, 12mths definitely' then which captain runs the risk file it in the same place as the shipping insurance fund
The last major housing crisis was driven by bad credit, exotic mortgages, overbuilding, and collapsing collateral. This cycle is different. The stress is coming from the cost of carrying the home after purchase.
2026 and onwards is truly the age of open source [QT: DocuSign Personal: $10 to $15 per month. DocuSign Standard: $25 to $45 per user per month. DocuSign Business Pro: $40 to $65 per user per month. A 10-person team on Business Pro pays $4,800 to $7,800 a year. To put signatures on PDFs. A team of 50 pays $24,000 to $39,000]
[QT @RexhaRexhaRexha: Polymarket's CMO almost leaked insider info to Clavicular before noticing he was wearing a mic "You have to understand bro...Oh hold on" "You almost got me caught."]