Nassim Taleb has a warning for investors: brace for escalating volatility and potential bankruptcies in the software sector as the artificial intelligence-driven rally enters a more fragile phase. To the author of The Black Swan, the markets are underpricing structural risks while overestimating the durability of today’s artificial intelligence leaders. While AI will generate enormous profits, he ...
Nassim Taleb has a warning for investors: brace for escalating volatility and potential bankruptcies in the software sector as the artificial intelligence-driven rally enters a more fragile phase. To the author of The Black Swan, the markets are underpricing structural risks while overestimating the durability of today’s artificial intelligence leaders. While AI will generate enormous profits, he cautioned that history suggests early pioneers are often displaced. “Someone will make a lot of money in AI,” Taleb said in an interview at the sidelines of a SeaFair event hosted by Universa Investments in Miami. It’s not guaranteed to be the companies that make up the AI trade today. He said bankruptcies in parts of the software space are likely as technological instability, intense competition and shifting geopolitics reshape the industry. The S&P 500 Index fell around 1% on Monday, the latest in a string of selloffs as investors grapple with tariff uncertainty and two competing narratives that are driving AI anxiety. On the one hand, investors fear fast-developing AI tools will disrupt software companies that offer subscription-based services as coding becomes easier. At the same time, the technology giants racing to develop and buildout the AI infrastructure have embarked on a dangerous borrowing spree that may not pay off for years. Taleb, who rose to prominence for his predictions on past financial crises, noted that with much of the equity rally in the past couple years being driven by a narrow group of AI-linked stocks, broader indexes were left vulnerable if leadership rotates. “Tail-risk across sectors is structurally underpriced,” Taleb said. “The risk is not a small correction. It’s a large drawdown.” Still, Taleb expects the market rally may continue in the near term. The bigger issue, he said, is the scale of potential downside. “You always need hedges,” he said. “These drawdowns are not easily predictable.” Universa Investments, where Taleb serves as a disti...
Canada summoned OpenAI executives after the company debated referring a ChatGPT user to police but ultimately didn’t — months before the teenager became the sole suspect in a mass shooting. Jesse Van Rootselaar, 18, was named by police as the suspected killer of six children and two adults in the remote town of Tumbler Ridge, British Columbia, in one of Canada’s worst-ever mass shootings. Van Root...
Canada summoned OpenAI executives after the company debated referring a ChatGPT user to police but ultimately didn’t — months before the teenager became the sole suspect in a mass shooting. Jesse Van Rootselaar, 18, was named by police as the suspected killer of six children and two adults in the remote town of Tumbler Ridge, British Columbia, in one of Canada’s worst-ever mass shootings. Van Rootselaar is also believed to have died by suicide following the attack earlier this month. OpenAI said Friday that Van Rootselaar’s ChatGPT account was flagged in June 2025 by systems that scan for misuse, including potential violent activity. The company considered referring the account to law enforcement at the time, but found no credible or imminent threat and determined it didn’t meet the threshold. The account was subsequently banned. The artificial intelligence giant’s senior safety executives will travel from the US to meet AI Minister Evan Solomon in Ottawa on Tuesday, he said at a news conference Monday, after his team met with company representatives a day earlier. Solomon said media reports on OpenAI’s internal deliberations were “deeply disturbing,” adding the reports suggested the company “did not contact law enforcement in a timely manner.” The Wall Street Journal first reported OpenAI’s identification of Van Rootselaar, citing anonymous sources who said the alleged killer “described scenarios involving gun violence” over several days. That triggered an internal debate among roughly a dozen staffers, some of whom urged contacting police, the report said. Solomon pointed to legislation in development including on privacy and so-called online harms , and said he’s working closely with officials in the justice, public safety and culture departments, as well as the province of BC. “We are making sure that all options are on the table to make sure that Canadians are kept safe,” he said, adding “we will see” what OpenAI says about its protocols and escalation methodol...
Anthropic accuses DeepSeek, Moonshot, and MiniMax of using 24,000 fake accounts to distill Claude’s AI capabilities, as U.S. officials debate export controls aimed at slowing China’s AI progress.
Anthropic accuses DeepSeek, Moonshot, and MiniMax of using 24,000 fake accounts to distill Claude’s AI capabilities, as U.S. officials debate export controls aimed at slowing China’s AI progress.
AlexLMX/iStock via Getty Images Largo ( LGO ) said Monday it is pursuing discussions with alternative buyers after terminating its sale agreement for as much as 4.5M metric tons of iron ore calcine, following the buyer's failure to make a required $2.9M initial payment, which was originally due by January 30. The company said the termination is not expected to have a material impact on its financi...
AlexLMX/iStock via Getty Images Largo ( LGO ) said Monday it is pursuing discussions with alternative buyers after terminating its sale agreement for as much as 4.5M metric tons of iron ore calcine, following the buyer's failure to make a required $2.9M initial payment, which was originally due by January 30. The company said the termination is not expected to have a material impact on its financial position, liquidity, or ongoing operations. Largo ( LGO ) said it retains full ownership of the material, which it said is a valuable byproduct generated by its vanadium operations at the Maracás Menchen mine in Brazil; no iron ore calcine was delivered under the agreement. The company also said it is assessing the U.S. Supreme Court tariff decision that could affect Brazilian-origin vanadium products; Largo ( LGO ) previously was subject to a 50% tariff on direct Brazilian imports, which was struck down by the court decision. Largo ( LGO ) said it has high-purity vanadium units stored in a bonded warehouse within the U.S. w hich have not yet been imported into the U.S., thus i ncreasing its working capital tied to unsold inventories due to high U.S. tariffs; the company said modified or reduced tariffs could allow these units to be quickly released and supplied broadly to customers in the U.S. More on Largo Largo: In A Tight Spot And May Not Reach The New Cycle Seeking Alpha’s Quant Rating on Largo Financial information for Largo
Long-term buy and hold investing sounds great. Indeed, some of the best returns of all time, from some of the greatest investors who have ever lived (ahem, Warren Buffett) have come from buying large positions in solid companies, and holding these positions for very long periods of time. Great investors think in decades, while traders ... 3 High-Growth Stocks To By In February
Long-term buy and hold investing sounds great. Indeed, some of the best returns of all time, from some of the greatest investors who have ever lived (ahem, Warren Buffett) have come from buying large positions in solid companies, and holding these positions for very long periods of time. Great investors think in decades, while traders ... 3 High-Growth Stocks To By In February
Irenic Capital Management LP disclosed a new stake in Alkami Technology (NASDAQ:ALKT) in its February 17, 2026, SEC filing, adding 2,106,448 shares in a trade estimated at approximately $48.60 million based on quarterly average pricing. According to an SEC filing dated February 17, 2026, Irenic Capital Management LP initiated a new position in Alkami Technology (NASDAQ:ALKT) , acquiring 2,106,448 ...
Irenic Capital Management LP disclosed a new stake in Alkami Technology (NASDAQ:ALKT) in its February 17, 2026, SEC filing, adding 2,106,448 shares in a trade estimated at approximately $48.60 million based on quarterly average pricing. According to an SEC filing dated February 17, 2026, Irenic Capital Management LP initiated a new position in Alkami Technology (NASDAQ:ALKT) , acquiring 2,106,448 shares. The end-of-quarter position value is approximately $48.60 million. Alkami Technology, Inc. is a technology company specializing in cloud-based digital banking solutions for financial institutions. With a scalable platform and a focus on subscription-based revenue, Alkami enables clients to enhance user engagement and operational efficiency. The company’s competitive edge lies in its comprehensive product suite and ability to serve a diverse range of banking customers. Continue reading
If you haven't heard of Suze Orman, here's a quick intro. She was the first female stockbroker hired by Merrill Lynch in California, went on to become a V. P. of investments at Prudential Bache, and then opened her own financial firm. She has long offered financial advice to the masses, via books, TV appearances, podcasts, and more. (A bit of trivia is that in college, one of her apartment mates w...
If you haven't heard of Suze Orman, here's a quick intro. She was the first female stockbroker hired by Merrill Lynch in California, went on to become a V. P. of investments at Prudential Bache, and then opened her own financial firm. She has long offered financial advice to the masses, via books, TV appearances, podcasts, and more. (A bit of trivia is that in college, one of her apartment mates was the girlfriend (and future wife) of John Belushi, one of the original Saturday Night Live cast members.) She knows a thing or two about financial matters. Her thoughts on how much you should save for retirement might surprise you. Continue reading
British number one Jack Draper marks his post-injury return to action on the ATP Tour with a straight-set win over Frenchman Quentin Halys at the Dubai Tennis Championships.
British number one Jack Draper marks his post-injury return to action on the ATP Tour with a straight-set win over Frenchman Quentin Halys at the Dubai Tennis Championships.
Uber Autonomous Solutions will see the company taking on all the tasks associated with operating a robotaxi, self-driving truck, or sidewalk delivery robot business.
Uber Autonomous Solutions will see the company taking on all the tasks associated with operating a robotaxi, self-driving truck, or sidewalk delivery robot business.
Uber Autonomous Solutions will see the company selling both software and services for all the tasks associated with operating a robotaxi, self-driving truck, or sidewalk delivery robot business.
Uber Autonomous Solutions will see the company selling both software and services for all the tasks associated with operating a robotaxi, self-driving truck, or sidewalk delivery robot business.
'Bloomberg This Weekend' is a new show bringing you unique conversations on business, news, lifestyle and culture. Join hosts David Gura, Christina Ruffini and Lisa Mateo for discussions with business leaders, lawmakers and cultural icons. Watch the show live on Bloomberg Television. Listen to the show live on Bloomberg Radio. 'Bloomberg This Weekend' is live from 7AM-10AM Eastern Time on Saturday...
'Bloomberg This Weekend' is a new show bringing you unique conversations on business, news, lifestyle and culture. Join hosts David Gura, Christina Ruffini and Lisa Mateo for discussions with business leaders, lawmakers and cultural icons. Watch the show live on Bloomberg Television. Listen to the show live on Bloomberg Radio. 'Bloomberg This Weekend' is live from 7AM-10AM Eastern Time on Saturday and Sunday. The podcast brings together the best conversations from the show. (Source: Bloomberg)
President Trump last week said that the US will release files related to aliens and UFOs. On "Bloomberg ETF IQ", Cinthia Murphy from at TMX VettaFi discusses "UFO" ETFs that we know exist. (Source: Bloomberg)
President Trump last week said that the US will release files related to aliens and UFOs. On "Bloomberg ETF IQ", Cinthia Murphy from at TMX VettaFi discusses "UFO" ETFs that we know exist. (Source: Bloomberg)