"The World Is In Peril": Anthropic's Safety Boss Quits Authored by Kay Rubacek via The Epoch Times, Most people have never heard of Mrinank Sharma. That is part of the problem. Earlier this month, Sharma resigned from Anthropic, one of the most influential artificial intelligence companies in the world. He had led its Safeguards Research Team, the group responsible for ensuring that Anthropic’s AI...
"The World Is In Peril": Anthropic's Safety Boss Quits Authored by Kay Rubacek via The Epoch Times, Most people have never heard of Mrinank Sharma. That is part of the problem. Earlier this month, Sharma resigned from Anthropic, one of the most influential artificial intelligence companies in the world. He had led its Safeguards Research Team, the group responsible for ensuring that Anthropic’s AI could not be used to help engineer a biological weapon. His final project was a study of how AI systems distort the way people perceive reality. It was serious, consequential work for humankind. His resignation letter was seen more than 14 million times on X. It opened with the words, “the world is in peril.” And it ended with a poem and by announcing that he was leaving one of the most consequential jobs in artificial intelligence to pursue a poetry degree. Yes, you read that right: peril and poetry. The poem he quoted is, “The Way It Is,” by the American poet William Stafford. It speaks of a thread that runs through a life—a thread that goes among things that change, but does not change itself. While you hold it, you cannot get lost. Tragedies happen. People suffer and grow old. Time unfolds, and nothing stops it. And the final line: you don’t ever let go of the thread. Although he didn’t state it explicitly, I argue that that thread is morality. It is the enduring sense that some things are right and some things are wrong—not because a law says so, and not because it is profitable, but because human beings, at their best, have just always known it. Sharma spent two years watching that thread being let go under pressure, in rooms the public is never shown. His letter said: “Throughout my time here, I’ve repeatedly seen how hard it is to truly let our values govern our actions. “I’ve seen this within myself, within the organization, where we constantly face pressures to set aside what matters most, and throughout broader society, too.” He wrote that humanity is approachin...
It'd probably be safe to say that bonds have spent much of the past 20 years failing to present a real investment case. Following the 2008 financial crisis, the Fed dropped interest rates to 0%. Short-term bond funds saw their yields drop to next to nothing. Longer-term bond funds were still able to produce yields of around 2%, but they were no longer the income generator they once were. Any attem...
It'd probably be safe to say that bonds have spent much of the past 20 years failing to present a real investment case. Following the 2008 financial crisis, the Fed dropped interest rates to 0%. Short-term bond funds saw their yields drop to next to nothing. Longer-term bond funds were still able to produce yields of around 2%, but they were no longer the income generator they once were. Any attempts to raise interest rates damaged share prices. This dynamic peaked in 2022, when inflation jumped to around 9%, the Fed was forced to aggressively raise rates, and the Vanguard Total Bond Market ETF (NASDAQ: BND) fell by nearly 20%. Continue reading
(RTTNews) - BioMarin Pharmaceutical Inc. (BMRN) Monday reported fourth-quarter net loss of $47 million or $0.24 per share, compared to net income of $125 million or $0.64 per share last year.
(RTTNews) - BioMarin Pharmaceutical Inc. (BMRN) Monday reported fourth-quarter net loss of $47 million or $0.24 per share, compared to net income of $125 million or $0.64 per share last year.
Charles Kushner had been summoned to explain comments relating to the killing of far-right activist Quentin Deranque Donald Trump’s ambassador to Paris has been banned from meeting French government ministers after failing to show up for a meeting at the foreign ministry to explain US comments about the killing of a far-right activist. Charles Kushner, whose son Jared is married to the US presiden...
Charles Kushner had been summoned to explain comments relating to the killing of far-right activist Quentin Deranque Donald Trump’s ambassador to Paris has been banned from meeting French government ministers after failing to show up for a meeting at the foreign ministry to explain US comments about the killing of a far-right activist. Charles Kushner, whose son Jared is married to the US president’s oldest daughter, Ivanka, was summoned to the 7pm meeting by the foreign minister, Jean-Noël Barrot, after the US embassy in Paris reposted state department comments about the case. Continue reading...
Good morning, as President Donald Trump’s trade policy is thrown into doubt and US partners worry about what this will mean for previously brokered agreements, Australia has found a silver lining: it will keep its exemption for beef exports. In further Trump news, his organization plans to build its first tower in Australia — on Queensland’s Gold Coast. - Carmeli Argana, Australian stocks reporter...
Good morning, as President Donald Trump’s trade policy is thrown into doubt and US partners worry about what this will mean for previously brokered agreements, Australia has found a silver lining: it will keep its exemption for beef exports. In further Trump news, his organization plans to build its first tower in Australia — on Queensland’s Gold Coast. - Carmeli Argana, Australian stocks reporter What’s happening now Australian beef will be exempted from the new 15% US tariffs, according to industry body Meat & Livestock Australia. The organization confirmed the exemption in a conversation with their counterparts in the US, a spokesperson said. In November, the US administration announced that beef imports to America would be exempt from tariffs as part of a plan by the government to tackle rising food costs for consumers. Trump is also making headlines Down Under for non-trade reasons, with his organization planning its first branded tower in Australia : a 91-storey building combining a hotel and luxury apartments in the Surfers Paradise resort on Queensland’s Gold Coast. The development will feature 272 residences, along with a private beach club, shops and restaurants. A UK government proposal to remove King Charles III’s brother, Andrew Mountbatten-Windsor, from the line of succession to the monarchy gained momentum as Australian Prime Minister Anthony Albanese backed the plan. The Reserve Bank of Australia is in a “ difficult position ” as it raised interest rates at a slower pace than peers following the post-pandemic surge in inflation, New Zealand central banker Karen Silk said, highlighting the divergent economic and monetary paths of the neighboring economies. Liking the All Blacks won’t suffice for new New Zealand central bank Governor Anna Brennan, writes Bloomberg Opinion’s Daniel Moss. The first foreigner to head the RBNZ counseled patience in her first interest-rate decision last week, but by opting not to lay the groundwork for an increase in borrow...
Dorsal Capital Management, LP disclosed in a February 17, 2026, Securities and Exchange Commission (SEC) filing that it sold 25,000 shares of Wix.com (NASDAQ:WIX) . A SEC filing dated February 17, 2026, showed Dorsal Capital Management, LP reduced its holdings in Wix.com by 25,000 shares during the fourth quarter of 2025. The estimated transaction value was $3.02 million, calculated using the aver...
Dorsal Capital Management, LP disclosed in a February 17, 2026, Securities and Exchange Commission (SEC) filing that it sold 25,000 shares of Wix.com (NASDAQ:WIX) . A SEC filing dated February 17, 2026, showed Dorsal Capital Management, LP reduced its holdings in Wix.com by 25,000 shares during the fourth quarter of 2025. The estimated transaction value was $3.02 million, calculated using the average closing price for the period. The fund's quarter-end position value in Wix.com fell by $118.74 million, a figure that accounts for both trading activity and share price movement. Wix.com is a leading provider of cloud-based website development and business management solutions, supporting millions of users worldwide. The company leverages a subscription-driven model and a broad suite of digital tools to drive recurring revenue and customer retention. Its scalable platform and global reach position Wix.com as a competitive force in the website infrastructure and digital commerce sector. Continue reading
JayLazarin/iStock Unreleased via Getty Images JPMorgan Chase is “cautiously optimistic” about its 2026 prospects, JPMorgan Chase ( JPM ) Chief Financial Officer said on Monday during its investor update. The macro backdrop remains supportive, and the consumer remains resilient, he added. The company expects card loan growth of ~6% and expects retail deposit growth to resume in 2026, due to underly...
JayLazarin/iStock Unreleased via Getty Images JPMorgan Chase is “cautiously optimistic” about its 2026 prospects, JPMorgan Chase ( JPM ) Chief Financial Officer said on Monday during its investor update. The macro backdrop remains supportive, and the consumer remains resilient, he added. The company expects card loan growth of ~6% and expects retail deposit growth to resume in 2026, due to underlying customer growth and a reduction in yield-seeking behavior, he said. 2026 deposit growth is expected to be in the low-to-mid-single-digit range. JPMorgan's ( JPM ) markets franchise is positioned for further growth opportunities. Its outlook for Markets NII is ~$9.5B in 2026, up from $3.3B in 2025, with much of that improvement coming from rates and augmented by its balance sheet mix and loans/cash financing. The company expects $105B in adjusted expenses in 2026, up 9% Y/Y, with 160 new branches this year accounting for a significant amount of the increase. Spending related to volume and revenue also accounts for a large amount of its expense increase. Technology is another key expense driver. It expects 2026 technology expenses of about $19.8B. The $1.9B Y/Y increase consists of $0.8B from price increases, $0.4B for volume and feature demand, $1.2B in investments, and efficiencies of $0.6B. "Investment in data and technology are delivering benefits from AI, which will ultimately accrue to our customers and clients," Barnum said. "We are probably past the point of peak modernization," he noted. The company's 17% through-the-cycle return on tangible common equity "is not aspirational," Barnum said, and is achievable through a range of economic scenarios. Developing… Check back for updates. More on JPMorgan Chase JPMorgan Chase: Common And Preferred Shares Diverge In 2026 JPMorgan Chase & Co. (JPM) Presents at UBS Financial Services Conference 2026 Transcript JPMorgan: An Attractive Long-Term Idea For Income And Capital Gains JPMorgan Chase nudges up 2026 firmwide net int...
Ambac Financial Group press release ( OSG ): Q4 Non-GAAP EPS of -$0.02 beats by $0.18 . Total revenue from continuing operations of $66.9M (+2.6% Y/Y). More on Ambac Financial Group Seeking Alpha’s Quant Rating on Ambac Financial Group Historical earnings data for Ambac Financial Group Financial information for Ambac Financial Group
Ambac Financial Group press release ( OSG ): Q4 Non-GAAP EPS of -$0.02 beats by $0.18 . Total revenue from continuing operations of $66.9M (+2.6% Y/Y). More on Ambac Financial Group Seeking Alpha’s Quant Rating on Ambac Financial Group Historical earnings data for Ambac Financial Group Financial information for Ambac Financial Group
U.S. airlines canceled flights to and from the Mexican cities of Puerto Vallarta and Guadalajara on Monday amid cartel-related violence over the weekend, leaving tourists stranded.
U.S. airlines canceled flights to and from the Mexican cities of Puerto Vallarta and Guadalajara on Monday amid cartel-related violence over the weekend, leaving tourists stranded.
Although Hims & Hers Health ( HIMS ) beat on the top line in its Q4 2025 financial results, its Q1 2026 revenue guidance fell below the consensus. The telemedicine provider sees Q1 revenue of $600-$625M. Consensus is $652.59M. For full-year 2026, revenue is projected at $2.7B-$2.9B. Consensus is $2.71B. Hims & Hers Health was helped in the quarter by a ~28% year-over-year increase in revenue to ~$...
Although Hims & Hers Health ( HIMS ) beat on the top line in its Q4 2025 financial results, its Q1 2026 revenue guidance fell below the consensus. The telemedicine provider sees Q1 revenue of $600-$625M. Consensus is $652.59M. For full-year 2026, revenue is projected at $2.7B-$2.9B. Consensus is $2.71B. Hims & Hers Health was helped in the quarter by a ~28% year-over-year increase in revenue to ~$617.8M. Year-over-year, subscribers increased 13% to ~2.5M. The company ended 2025 with cash, cash equivalents, and s hort-term available-for-sale investments of $449.2M compared to ~$300.3M on Dec. 31, 2024. Shares are down ~3% in after-hours trading Monday. More on Hims & Hers Health What Is HIMS Worth Without GLP-1? Earnings Preview Hims & Hers Health: 5 Key Questions Ahead Of Critical Q4 Earnings Hims & Hers: Does Big Pharma Always Win? (Rating Downgrade) Hims & Hers Health GAAP EPS of $0.08 beats by $0.03, revenue of $617.82M in-line Hims & Hers Health Q4 2025 Earnings Preview
By Dawn Chmielewski Feb 23 (Reuters) - Paramount Skydance submitted a higher offer for Warner Bros Discovery, a source familiar with the matter told Reuters on Monday, ratcheting up efforts to derail
By Dawn Chmielewski Feb 23 (Reuters) - Paramount Skydance submitted a higher offer for Warner Bros Discovery, a source familiar with the matter told Reuters on Monday, ratcheting up efforts to derail
Monday's batch of Wall Street research made one thing clear: More people are starting to throw in the towel on software. While the sentiment makes sense — analysts aren't blind to the price action and know their posture is out of step ahead of some key earnings reports — one has to wonder whether it could be a sign the rotation away from these stocks and into cyclical, old economy names has run it...
Monday's batch of Wall Street research made one thing clear: More people are starting to throw in the towel on software. While the sentiment makes sense — analysts aren't blind to the price action and know their posture is out of step ahead of some key earnings reports — one has to wonder whether it could be a sign the rotation away from these stocks and into cyclical, old economy names has run its course. Price target cuts for Workday at Cantor Fitzgerald, Morgan Stanley, and Jefferies. Same thing for Autodesk at UBS, Stifel, and Morgan Stanley. Salesforce price targets slashed at Morgan Stanley and Jefferies. BTIG and Stifel did the same for Snowflake . Even cybersecurity isn't safe, with Stifel cutting their target on CrowdStrike and Wedbush removing Palo Alto Networks from its "best ideas" list. To be clear, most of these firms still view the companies as buys given where the stocks are versus the price targets. However, it's clear Wall Street has finally gotten the message that the premiums once paid for these asset-light businesses will be harder to come by in the era of AI. The new hot acronym on the Street — HALO, coined by CNBC's own Josh Brown — embodies this shift away from a market in which the mostly asset-light FAANG and the "Magnificent Seven" cohorts dominated. It stands for "Heavy Asset, Low Obsolescence." Unlike FAANG or Mag 7, it doesn't refer to a select group of ordained stocks. Rather, it refers to any and all companies that investors deem resilient to AI pressures because they can't be competed against with a simple prompt into a generative AI model. Sure, we may think it's fanciful that an AI model can create the next CrowdStrike. But that is what the market fears at the moment, and this is a tough tape to fight. The logic behind HALO makes sense. After all, you can't AI prompt your way into a Big Mac from McDonald's or a venti coffee from Club name Starbucks . Nor can you prompt your way into manufacturing the natural gas turbines needed to ...