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Stocks rose and bonds steadied after Friday's warm CPI report took ‘a lot of the guesswork' out of next week's Fed decision.
The U.S. and China's AI strategies are diverging, according to Sam Vadas, who points to DeepSeek's new model as the newest example behind the thesis. This, as Moonshot AI targets a ramp up in ARR.
The 750-mile pipeline carries crude from eastern Saudi Arabia to the Red Sea port of Yanbu, avoiding shipping disruptions in the Strait of Hormuz.
JPMorgan Chase cut off its lending activity for Leopold Aschenbrenner's hedge fund Situational Awareness after large losses tied to his AI bets, the Financial Times reported on Friday.
Expro offers differentiated value by extending asset life and supporting safe abandonment, rather than relying solely on increased drilling activity. XPRO's recent financials show sequential improvements, with Q2 adjusted EBITDA up 20.9% to $76M and strong free cash flow, but sustainability remains to be proven. Enhanced Drilling acquisition and major contracts diversify revenue, deepen customer integration, and broaden demand beyond new drilling cycles.
The market is pricing in an almost 89% chance of a 25 bps hike next Wednesday. I think the Fed now has very little room to stay put.
Louis Vuitton is facing a growing backlash in China after its trademark dispute with local tea chain Molly Tea sparked a wave of social media criticism. The controversy's adding pressure on LVMH, which is already dealing with a broader slowdown in China, one of its biggest markets.
Plus, Iran-backed Houthis take control of an oil chokepoint and consumer sentiment falls
Valuations, earnings expectations, market concentration, equity issuance, and foreign buying are all flashing warning signs for the AI-fueled stock rally.
Investors have started pricing in a series of increases. Chairman Kevin Warsh's aversion to signaling the path leaves him few tools to talk them out of it
Oil markets are losing ground amid profit-taking.
AI safety concerns are intensifying as key researchers are quitting, citing concerns that the AI industry is racing to build self-improving superintelligence that could spiral out of human control. As leading labs face repeated loss-of-control incidents, I believe that the pace of AI development is unlikely to slow in the near to medium term.
Jonathan Panikoff, The Atlantic Council director, joins 'The Exchange' to discuss the latest news regarding the Iran war, oil prices and more.
The Fed is now being forced into a hike that will preserve its credibility. That could be good for stocks and long-term bonds.
Recent coordinated interventions have strengthened the yen, unwinding a $2 trillion+ carry trade and raising market risk. Unlike the August 2024 sell-off, this policy shift is telegraphed, with larger Treasury buybacks and joint U.S.-Japan efforts to avoid disorder.
