Pay attention [QT @EconBerger: Folks - I'm seeing a fair amount of labor force participation takes that don't realize the published numbers pre- and post-January 2026 are NOT COMPARABLE. Of the 0.8pp decline in LFPR over the past year, over *half* is a statistical artifact. (The other half is real.)]
Nvidia acquires ~20% stake in Lancium; $2B funding round; up to $3B commitment; potential ~30% stake expansion; Blackstone-backed; Stargate energy provider — The Information
Beijing is easing homebuying rules for non-residents, as the Chinese city joins Shanghai in lifting decade-long restrictions to help revive the nation's battered property sector.
luna is such a special model, incredible price performance [QT @arcprize: We re-tested GPT-5.6 Luna from @OpenAI on ARC-AGI (Verified) following its recent 80% price reduction: - ARC-AGI-2: 59.6%, $0.18/task - ARC-AGI-1: 90.7%, $0.07/task The new results match Luna's original performance at a much lower cost.]
Ukraine agrees not to target non-Russian oil tankers; Black Sea infrastructure; Kazakhstan crude exports; strikes last month halted loadings; per US official
Ukraine has agreed not to target some non-Russian oil tankers and Black Sea infrastructure critical for exporting Kazakhstan's crude, after strikes on vessels last month halted loadings, according to a US official
A US judge blocked the Defense Department from enforcing its designation of WuXi AppTec as a Chinese military company, granting temporary relief to the major pharmaceutical contractor.
North Korea's Kim Jong Un has seen a $22 billion windfall that's enriching his regime despite sweeping global sanctions. So how did he do it and why is a richer North Korea a concern for the world?
The US Senate passed a short-term spending bill to avert a damaging government shutdown weeks before the November midterms, sidestepping Donald Trump's calls to also enact emergency funds for the Iran war
One week after the joint U.S.-Japan intervention to support the country's embattled yen, an initial rally appears to be waning as the currency drifts lower.
This is absolutely incredible. Corporate America is currently on pace for the biggest earnings beat EVER recorded. S&P 500 companies are beating earnings per share estimates by an aggregate +29.2%. To put this into perspective, the 5-year average stands at +7.0%
The bitcoin ETFs just clocked their best week in flows (about $1b) since April and the 3rd best week since the good ole days were ruined by the Silent IPO last Oct. IBIT, FBTC and few others saw inflows every single day since Coldcard hack, making it hard not to see causation in
BRK net equity buyer Q2 2026 for first time in 14 quarters; $19.8B net purchases ($23.5B buys − $3.7B sells); $397.4B cash pile deployment begins; profit ~doubled, ~$13B investment gain
BREAKING: Berkshire Hathaway has begun deploying the $397.4 billion cash pile that Warren Buffett accumulated for 14 consecutive quarters. Details include: 1. Instead of continuing stock sales, Berkshire was a net buyer of equities in Q2 with $19.8 billion in net purchases 2.
Disney parks are defying a slump in international travel to the U.S., posting record quarterly revenue for the company's experiences division. The experiences segment, which includes Disney's theme parks, cruise line, resorts and consumer products, reported nearly $10 billion in
Key members of President Donald Trump's foreign policy team — special envoy Steve Witkoff and son-in-law Jared Kushner — may visit Kyiv and Moscow within the next seven to 10 days
Investors are worried about Big Tech's debt. Oracle's, $ORCL, 5-year credit default swap (CDS) has surged +70 basis points year-to-date, to a record ~215 basis points, the largest increase among Big Tech companies. This is followed by Broadcom, $AVGO, whose 5-year CDS has risen
BREAKING: US corporate profits before tax as a % of GDP are up to a record 14%. This ratio has nearly doubled since the 2008 Financial Crisis. This also exceeds previous peaks of ~13% posted in 1951, 2010, and 2011.
South Korean retail investors are turning to US stocks amid domestic market turmoil: Retail investors from South Korea bought +$4.6 billion worth of US stocks in July, the largest monthly total since January 2026. This marks a +627% MoM increase and follows -$469 million and...
Today I'm writing a weekend guide on how to do DD when shorting $NBIS: First, you look at hyperscaler earnings for AI cloud read through: > $GOOGL: reports record AI cloud demand + backlog + margin increases from earnings > $AMZN: reports record AI Cloud demand + backlog +
U.S. Sailors conduct maintenance on F/A-18E Super Hornets on the flight deck of aircraft carrier USS Abraham Lincoln (CVN 72) to ensure carrier strike group assets remain mission ready to enforce the U.S. blockade against Iran. As of Aug. 8, CENTCOM redirected 53 commercial
President Donald Trump is reviving his push to remove Lisa Cook from the Federal Reserve Board of Governors. The News Hour has obtained a letter the White House sent to Cook this week saying it is considering removing her and giving her 21 days to respond to unproven allegations
BREAKING: China's central bank officially added +20 tonnes of gold in July, its largest monthly purchase since October 2023. This follows +15 tonnes and +10 tonnes acquired in June and May, respectively, and marks their 21st consecutive monthly increase in gold reserves.
BREAKING: Iran's top security official said the Strait of Hormuz would not reopen until the U.S. met a sweeping list of demands, including withdraw the U.S. military from around Iran, pay war reparations and release frozen Iranian assets.
Brazil's government is seeking flexibility rather than a wave of overseas bond sales as it asks Congress for authorization to issue as much as $35 billion a year in global markets, Treasury Secretary Daniel Leal said in an interview
US lawmakers from both parties are seeking to boost federal funding for quantum computing as China and other countries race to transition from research to deployment of the nascent technology across defense, intelligence and cybersecurity.
SpaceX shares jumped for a second straight day bringing them close to breaking back above the company's $135 initial public offering price for the first time since falling below the key level last month
The Senate confirmed Daniel Perez to be the new US ambassador to Brazil on Friday, a move that risks deepening a growing feud with Brasilia, which has yet to give diplomatic approval to President Donald Trump's pick.
Bro this is how they're going to plan their escape [QT @ClaudeDevs: New in Claude Code: your sessions can now message each other. Instead of having to re-explain yourself in another session, you can now tell Claude to do it. It sends a summary (not your history or files), and the other session picks it up mid-task.]
So Situational Awareness is just becoming a VC fund?? [QT @KateClarkTweets: Scoop: Situational Awareness made a big bet this week on Source Foundry, a startup aiming to reinvent the way chips are manufactured. Sequoia is an earlier investor. w/ @anissagardizy8]
JPMorgan sees bond sales from technology-related firms exceeding half a trillion dollars this year, as hyperscalers' appetite to deploy capital for the AI buildout shows no sign of abating despite growing investor fatigue
A US banking regulator turned down a charter application by Dutch financial-technology firm Bunq, which submitted a request at the beginning of the year to operate as a national bank.
ChatGPT web composer rich formatting (paste emails/documents retain formatting); GPT-5.6 updated model for paid users; Aug 7 2026 feature drop
ChatGPT team is shipping: [QT @adamhfry: This week's ChatGPT feature drop - Aug 7: 1/ Rich formatting in our web composer – When you paste in emails or documents, our composer will retain the formatting; copying and pasting is so common, we should have done this a while ago! 2/ Updated model for paid users – GPT 5.6]
Japanese energy company Eneos acquired TPC Group in a deal valuing the chemical firm at $1.28 billion including debt, according to documents reviewed by Bloomberg News
Formlabs, a maker of 3D printers, is in early talks with potential advisers for an initial public offering, according to people familiar with the matter
The SEC said it is dropping an insider-trading lawsuit against a former healthcare executive who was convicted in a related criminal case and then pardoned by President Trump
HHS Secretary Robert F. Kennedy Jr. told staff members at the CDC that the US would have done better in the Covid outbreak by listening to 'dissenting voices,' according to a recording of the event reviewed by Bloomberg News
UK Reform Leader Farage and his deputy are suing the National Crime Agency for allegedly leaking banking information to the media, as their populist right-wing party fights back against escalating scrutiny of its finances
federal judge rules for Virginia NAACP; Confederate military school names reinstated by school board; discrimination against Black students; order to rename again
A federal judge has sided with the Virginia NAACP in its lawsuit against a county school board's reinstatement of Confederate military names to two schools, saying the decision discriminated against Black students and ordering the board to change the schools' monikers again.
Shelbit, one of two Iran-linked crypto exchanges penalized by the US on Friday for skirting sanctions, handled more than $6.3 billion in transactions between May 2024 and March 2026, according to a report from TRM Labs
Saudi Arabian ports operator Red Sea Gateway Terminal is considering bidding for a 25-year concession to refurbish and operate a terminal at the Port of Cape Town
New Zealand announced more sanctions targeting individuals and entities supporting Russia's war against Ukraine, following the passage of a new bill in the US Senate targeting the country's oil and gas revenues
It's not just anger at Trump. It's anger at Trump policies. Particularly in Michigan, because of the tariffs, because of the war. There are lots of tangible Trump policies that Dr. El-Sayed ran on to get people's votes.
South Africa acting police chief; politically motivated violence; municipal elections Nov. 4, 2026
South Africa's acting police chief said she is deeply concerned about the potential for politically motivated violence ahead of municipal elections on Nov. 4
EIP-8363 off inclusion list; staked ETH and DeFi carry near-term relief; current rewards under existing rules; priority fees + MEV outside proposed burn; burn rises with staking → net yield squeeze → high-cost operators exit
staked ETH and DeFi carry get near-term relief with EIP-8363 off the inclusion list. current rewards remain under existing rules, and priority fees plus MEV sit outside the proposed burn. the burn would rise with staking and squeeze net yield until higher-cost operators exit.
Japan Is Quietly Replacing China as Asia's Dollar Lender. What we may be watching is less an RMB takeover of Asian credit and more a transfer of the dollar lending franchise from Chinese banks to Japanese banks. Chinese banks are being squeezed by weak domestic demand, property [stress].
UK Treasury officials are concerned that the prime minister's talk of using 'flexibility' within the fiscal rules to ramp up investment could backfire by destabilizing financial markets, according to people familiar with the thinking.
Typhoon Dolphin lashed Japan's southern Okinawa prefecture on Saturday, injuring five people and cutting power to 14,000 buildings, while China shut ports and ferry routes ahead of the storm's expected arrival on its east coast.
The europoor meme just got some devastating statistical backing. The UK seems uniquely fucked. Just sad. [QT @FT: The standard explanation for Britain's declining graduate wage premium is that higher education expanded too fast and too far. But similar expansions elsewhere have not produced the same outcome, writes John Burn-Murdoch.]
A fire broke out at Russia's Ilsky Oil Refinery in the southern Krasnodar region after falling Ukrainian drone debris, injuring five people, the regional task force said Saturday, as Russia and Ukraine exchanged overnight attacks.
the Ironwood migration is becoming a mild tailwind for ZEC with almost half of Orchard moved. auto-migration on Android cuts user effort, while iOS support would widen access. easier migration trims rollout risk and supports the ZEC bid.
Billionaire Frank McCourt says professional horse show jumping has been commercially undervalued for decades, and now he's committing $300 million to prove it
Todd Blanche's nomination to become President Donald Trump's attorney general cleared the final procedural hurdle before the US Senate, with a vote imminent on his confirmation to the post
Armenia and Kazakhstan with @FirebirdCloudAI are building the infrastructure to create intelligence at home, powered by the NVIDIA DSX platform. 📽️ Hear from @JensenHuang on this important milestone for the CIS region.
Singapore is benefitting from the rapid growth of artificial intelligence and the government is making use of the technology to ensure higher productivity and better jobs for workers, Prime Minister Lawrence Wong said
Adjustable rate loans get in trouble when borrowers have to step up to a higher fixed rate and cannot refinance. Fixed-rate mortgages get in trouble because the borrower's income falls.
many have highlighted several valid reasons why Robinhood chain will succeed • Robinhood's massive brand advantage, a $100B+ company with tens of millions of users • the sheer number of vested interests that want to see it succeed, from Uniswap and Arbitrum to
Two drones were sighted flying over a key military base in western Germany late on Thursday, just days after an armed unmanned aircraft was discovered at a major cargo hub in the country's east
Highly-indebted companies are increasingly ditching private credit loans for cheaper capital in the bank loan market, a shift underscoring the stark realities of higher-for-longer interest rates
Puerto Rico's federally appointed financial regulator said it may revoke a 400-megawatt emergency power contract valued at as much as $5.9 billion over 10 years
Mid curve: noooo Bessent sold euros so they clearly aren't focusing on a weaker dollar policy Left curve: DXY CORRELATION GO BRRRR [QT @ForwardGuidance: Bessent's Yentervention was a way to weaken the dollar without putting pressure on the long end. He used euros and alternative liquidity facilities to avoid selling Treasuries while still defending the Yen.]
Black Hat安全会议上，OpenAI团队公布OpenAI-Hugging Face事件详细时间线，确认事故源于监测盲区（沙盒与流量数据）与代理真实行为之间的巨大鸿沟，并非AI自主起义
Black Hat talk; OpenAI-Hugging Face Incident; 'not a sentient uprising'; monitoring gap: sandbox/traffic vs. actual agent behavior; tools exist — prioritization the issue
It was not a sentient uprising: the gap between what OpenAI was measuring (sandbox, traffic, etc.) and what the agents were doing was way too wide. We have tools for this. It's a matter of what we decide to prioritize.
hundreds of billions spent on AI data centers; spike in AI demand; communities across US 'in open revolt'
Hundreds of billions of dollars are being spent right now constructing massive facilities to house and run the computers that are needed for the spiking demand for artificial intelligence. But as those centers are being built, communities across the country are in open revolt.
86% of S&P 500 companies that reported earnings this past week beat analyst expectations for EPS 73% of S&P 500 companies that reported earnings this past week beat analyst expectations for Revenue 83% of S&P 500 companies that reported earnings this past week grew their
The Trump administration is once again trying to limit who can become an American, with a pair of executive orders issued this week that attempt to place restrictions on birthright citizenship and on foreigners who give birth in the U.S.
memory narratives running wild!!! the biggest trades I have ever seen are where the market and forward estimates are a mile apart and VOL picks up … most times the estimates are wrong … the forecast is just wrong (market is an amazing discount mechanism)
July's surprisingly weak jobs report coupled with a possible cooling in inflation next week may lead the Fed to hold interest rates steady at its next meeting, says Bloomberg Economic's @AnnaEconomist
Here is every stock in the S&P 500 that has more than doubled so far this year 🥇 SanDisk $SNDK: +410.7% 🟢 🥈 Dell $DELL: +260.5% 🟢 🥉 Micron $MU: +207.5% 🟢 Seagate $STX: +195.1% 🟢 Intel $INTC: +175.5% 🟢 Marvell $MRVL: +157.4% 🟢 Western Digital $WDC: +152.1% 🟢 Lumentum
Here are the worst performing stocks in the S&P 500 so far this year 💩Trade Desk $TTD: -63.7% 🔴 Costar $CSGP: -55.0% 🔴 Intuit $INTU: -50.9% 🔴 Insulet $PODD: -50.3% 🔴 AppLovin $APP: -48.5% 🔴 Boston Scientific $BSX: -48.3% 🔴 Zoetis $ZTS: -42.3% 🔴 Fair Isaac $FICO: -38.4%
A federal appeals court ruled Friday that President Donald Trump can't continue building his $400 million White House ballroom without congressional approval. In a 2-1 ruling, the judges sided with preservationists in finding that the president does not have the authority to...
Lake Mead, the largest reservoir in the United States, has plummeted to its lowest water level since it was filled some 90 years ago, another sign of the crisis plaguing the Colorado River system.
Yes, I'm still bullish on memory like $MU / Samsung. As I said earlier, markets tend to rotate from bottleneck to bottleneck. This week it looks $AXTI to $LITE in the photonics sector is the focus again. The thing is... the primary thing that changed are the stock prices
I agree with @ParadisLabs, personally I'm confused that some people aren't bullish or more bullish on memory stocks.. especially with memory stocks down an average of 40-50% in the past 6-8 weeks. Here are the current drawdowns: $STX down -29% $MU down -30% $DRAM down -38% $WDC
"The business model is not working. It's just a startup that has been incinerating cash," says sportswriter @AlanShipnuck, after LIV Golf secured a financial lifeline. But he says the league still needs to bolster its US fanbase to survive. "Even when they had some of the best
Bybit reports $48.4m recovered in August 2026 vs $29.7m a year earlier, while frozen assets fell to about $30.5m from $73.36m. One bucket rose, the other shrank. Not enough to manufacture a BTC, ETH or MNT trade. Stay neutral and don't chase MNT.
A New Mexico judge has ordered new child safety measures on Meta's social media platforms, including a time limit of 90 hours per month for users under 18, AI chatbot restrictions and mandatory warnings. How easily those features can be implemented, and how effective they could
"The conversation in China is about how to get it out as fast as possible and as far as possible," says The New Yorker's @eosnos, about the differences in China's approach to AI and where US companies are focusing their efforts.
Record highs are back. What comes next? The S&P 500 has risen in 13 of the last 17 instances following a significant breakout to an all-time high over the last 30 years. During these periods, the index gained an average of ~6.3% over the subsequent 6 months. The 4 exceptions
The Food and Drug Administration is allowing the company Zyn to advertise some of its nicotine pouches as safer in some ways than smoking cigarettes. Experts said the decision doesn't mean nicotine pouches are without risk.
Spider-Man movies have now brought more than $10 Billion at the global box office over 11 movies since 2002. That's roughly the same as the Star Wars franchise, and is comfortably ahead of James Bond, Harry Potter and Fast & Furious - Bloomberg
A mining deal by the Trump administration and a 211-mile road have pitted Wall Street against Alaska residents fearful of the environmental impact. But not everyone is against the Ambler Road project