Canada’s finance minister plans to discuss Anthropic PBC ’s Mythos model when he meets with US Treasury Secretary Scott Bessent this week. Francois-Philippe Champagne said the company’s latest artificial intelligence model “requires our full attention” and that he wants to raise the issue with his counterparts from other countries at meetings of the International Monetary Fund and World Bank in Wa...
Canada’s finance minister plans to discuss Anthropic PBC ’s Mythos model when he meets with US Treasury Secretary Scott Bessent this week. Francois-Philippe Champagne said the company’s latest artificial intelligence model “requires our full attention” and that he wants to raise the issue with his counterparts from other countries at meetings of the International Monetary Fund and World Bank in Washington. “We have a common interest to ensure the resiliency of our financial system,” he said in an interview on the sidelines of the IMF gatherings on Wednesday. The release of the Mythos model — which Anthropic says is highly adept at finding vulnerabilities in software and computer systems — is being limited to a handful of major technology firms including Amazon.com Inc. and Apple Inc. Anthropic warned last week that the new system could power cyberattacks if software makers don’t first test it against their own defenses. The US Treasury Department’s technology team is seeking to gain access to Anthropic PBC’s Mythos AI model so it can begin hunting for vulnerabilities, a person familiar with the situation said this week. AI companies have been racing to develop more advanced models that can take on a wide range of capabilities, and to convince businesses to pay for them. But as the models have gotten better at coding, and detecting security issues in code, there have been growing concerns about the technology being misused by criminals and state-backed hackers. Already, AI technology is being used to help enable cyberattacks. Last week, members of a government-industry committee known as the Canadian Financial Sector Resiliency Group met to discuss Mythos. The group includes representatives from the Bank of Canada, regulators, banks and other financial firms. Champagne also said Canada is viewed by private investors and governments as a “partner of choice” when it comes to energy security, especially given the ongoing conflict in Iran and subsequent spike in oil pric...
Plata raised $405 million in a new funding round that values the Mexican fintech at $5 billion — the most in Latin America for a privately-held financial services firm. The Series C round was led by Bicycle Capital, according to a statement. It also included Kora, Qatar Investment Authority and BTG Pactual . The raise comes at a pivotal time for Plata as a new wave of fintechs vies with Mexico’s t...
Plata raised $405 million in a new funding round that values the Mexican fintech at $5 billion — the most in Latin America for a privately-held financial services firm. The Series C round was led by Bicycle Capital, according to a statement. It also included Kora, Qatar Investment Authority and BTG Pactual . The raise comes at a pivotal time for Plata as a new wave of fintechs vies with Mexico’s traditional lenders in one of the world’s most underbanked markets. Plata started fully operating as a bank in March, recently appointed former investment banker Marcos Kantt as chief financial officer and is considering a potential initial public offering. “This round reflects investors’ confidence not only in our execution to date, but also in the scale of the opportunity ahead,” said Neri Tollardo , co-founder and CEO of Plata, in a statement. Founded in 2023 by former employees of Tinkoff — Russia’s first online-only bank — Plata offers digital loans and payment services and has more than 3.5 million active credit-card customers, up from 1 million in March 2025 . Plata now ranks among the region’s most valuable fintech companies, surpassing privately-held Klar and Stori , while trailing Brazil’s Nubank , PitchBook data show. With the new funding round, Plata’s investors include sovereign wealth funds, global asset managers, venture firms, and US university endowments such as the University of Illinois Foundation, the University of Wisconsin Foundation and Washington University in St. Louis, the company said in its statement. Morgan Stanley acted as exclusive placement agent to Plata. Venture Funding Revival Venture funding in Latin America reached about $6.2 billion in 2025, the highest level since 2022, according to PitchBook. Plata has raised more than $2 billion in total debt and equity and posted over $600 million in annualized revenue in less than three years, according to company data. Its loan portfolio surged roughly 170% in 2025 to nearly 10 billion pesos ($563 ...
ROMAOSLO/iStock via Getty Images I haven't covered state-owned Norwegian oil giant Equinor ASA ( EQNR ) since this time last year. I said then that it was undervalued and oversold after its bitter dispute with Washington over in-progress wind turbine sites off the coast of New York. Since then, it has been a tremendous asset for my portfolio, but it took a moment to get going. Note the difference ...
ROMAOSLO/iStock via Getty Images I haven't covered state-owned Norwegian oil giant Equinor ASA ( EQNR ) since this time last year. I said then that it was undervalued and oversold after its bitter dispute with Washington over in-progress wind turbine sites off the coast of New York. Since then, it has been a tremendous asset for my portfolio, but it took a moment to get going. Note the difference between price change and total return, as EQNR pays out a fairly hefty dividend, currently 3.95% on a TTM basis. Seeking Alpha Since then, we've had several developments. One was the price of oil, which is still elevated due to war and is a near-term catalyst for EQNR's earnings, but the other was that its political woes have turned back in their favor. The Expansion Continues, Bullish in the Long Term In January, the D.C. district court lifted a government stop order and allowed EQNR to resume construction. That was a hugely positive catalyst, as the initial government order completely halted ongoing construction. It wasn't a stop to just a plan, but something that had already had $1.2B poured into it. That was essentially going to just become a total loss had the stop-work order not been lifted. This stop-work order had been a killer for EQNR's momentum because its domestic growth has been fairly limited. They are finding new wells in the North Sea , which is promising, but the plans for exploration sites are to only deploy 1-2 per year. So it will be slow going, and it won't deliver the kind of growth that shareholders are expecting, even with how low its average P/E already is. To continue expanding operations, EQNR has to move beyond Norway. So far in 2026, it is doing so at a rapid pace. They just announced the beginning of drilling at the Raia project in Brazil , their largest international investment ever at $9B, taking a 35% stake in the field. EQNR is also buying Brazilian wind farms, recently announcing a deal with Vestas ( VWDRY ) for 51 turbines, or 230 MW. It'...
In today's video, I discuss recent updates affecting Marvell (NASDAQ: MRVL) and other AI stocks. To learn more, check out the short video, consider subscribing, and click the special offer link below. *Stock prices used were the post-market prices of March 31, 2026. The video was published on March 31, 2026. Continue reading
In today's video, I discuss recent updates affecting Marvell (NASDAQ: MRVL) and other AI stocks. To learn more, check out the short video, consider subscribing, and click the special offer link below. *Stock prices used were the post-market prices of March 31, 2026. The video was published on March 31, 2026. Continue reading
In this article .SPX Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 3:22 03:22 Jim Cramer explains how to play this 'tricky' market rotation Mad Money with Jim Cramer CNBC's Jim Cramer said Wednesday that investors are witnessing a sharp and disorienting market rotation, with yesterday's winners suddenly falling out of favor while long-beaten-down stocks spring back to life. The S...
In this article .SPX Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 3:22 03:22 Jim Cramer explains how to play this 'tricky' market rotation Mad Money with Jim Cramer CNBC's Jim Cramer said Wednesday that investors are witnessing a sharp and disorienting market rotation, with yesterday's winners suddenly falling out of favor while long-beaten-down stocks spring back to life. The S&P 500 closed all-time high on Wednesday, underscoring the market's strength on the surface. But beneath that headline move, some of Wall Street's most popular groups — including industrials — came under pressure, while previously lagging stocks in areas like software surged in dramatic fashion. Rotations are "tricky" to navigate, the "Mad Money" host said. "We don't know why stocks go up in this period." "They can be random and they can be frustrating," he continued, explaining that leadership can change quickly, making it difficult to distinguish between meaningful opportunities and short-lived moves. "There'll be people who try to urge you to buy down-and-outers that deserve to stay down and out," he said. He noted that this kind of rotation often follows a powerful rally like the one seen in recent weeks. Cramer's trusted momentum indicator, the S&P Oscillator , has quickly gone from deeply oversold to extremely overbought. Cramer said the team that runs the Oscillator told him that, historically, such dramatic swings are usually followed by a digestion phase where gains slow, rather than evaporate. That suggests some money is flowing between sectors, not leaving the market all together. "Just as the leaders in the market cool off, the laggards...are going to come alive," Cramer said. Stocks like Salesforce and ServiceNow , which had been under pressure in recent weeks amid fears that AI models like Anthropic could erode their market share , rebounded sharply on Wednesday, rising 3.7% and 7.3%, respectively. For investors, Cramer suggested a more measured approach. Rath...
Spirit Airlines airplanes taxi on the tarmac at New York's Laguardia Airport in the Queens borough of New York City, U.S., Nov. 7, 2025. Ryan Murphy | Reuters Spirit Airlines could liquidate as early as this week, according to people familiar with the matter. They spoke on the condition of anonymity to discuss matters that had not yet been made public. The budget carrier has been struggling to reg...
Spirit Airlines airplanes taxi on the tarmac at New York's Laguardia Airport in the Queens borough of New York City, U.S., Nov. 7, 2025. Ryan Murphy | Reuters Spirit Airlines could liquidate as early as this week, according to people familiar with the matter. They spoke on the condition of anonymity to discuss matters that had not yet been made public. The budget carrier has been struggling to regain its footing from its second bankruptcy in less than a year, but it now faces the added challenge of a spike in the price of fuel . Fuel is airlines' biggest expense after labor. "We don't comment on market rumors and speculation," Spirit said in a statement. The exact day the carrier could begin liquidation wasn't immediately clear. Bloomberg earlier reported on the potential liquidation. The news comes just as the U.S. airline industry, including Florida-based Spirit, is wrapping up its busy spring break season. Pilot and flight attendant unions had made concessions in recent months in a bid to help Spirit survive. The airline had planned to shrink and focus on high-demand travel periods and routes in a bid to exit bankruptcy as early as this spring. Spirit enjoyed largely steady profitability for years and enviable margins in the industry. But things took a turn after the pandemic, when wages and other costs soared, customer preferences changed, and an oversupply of domestic flights drove down airfare, which was especially punishing for U.S.-focused carriers that don't enjoy a buffer from plush first-class cabins and large credit card and loyalty program deals. Its problems snowballed after a Pratt & Whitney engine recall grounded dozens of its Airbus aircraft starting in 2023 and its planned acquisition by JetBlue Airways was blocked two years ago by a federal judge who ruled it was anticompetitive, leaving both carriers to fend for themselves against a backdrop where larger carriers dominate. Spirit forecast it would generate a net profit of $252 million last year, ...
A number of stocks jumped in the afternoon session as markets benefited from a "risk-on" sentiment fueled by potential peace negotiations between the U.S. and Iran.
A number of stocks jumped in the afternoon session as markets benefited from a "risk-on" sentiment fueled by potential peace negotiations between the U.S. and Iran.
A Florida grand jury has indicted surgeon Thomas Shaknovsky on charges of second-degree manslaughter for the 2024 death of a patient whose surgical procedure was horrifyingly botched. That patient was 70-year-old William Bryan of Alabama, who was scheduled in August to have his spleen removed in a minimally invasive (laparoscopic) procedure. But instead, Shaknovsky opened Bryan's abdominal cavity,...
A Florida grand jury has indicted surgeon Thomas Shaknovsky on charges of second-degree manslaughter for the 2024 death of a patient whose surgical procedure was horrifyingly botched. That patient was 70-year-old William Bryan of Alabama, who was scheduled in August to have his spleen removed in a minimally invasive (laparoscopic) procedure. But instead, Shaknovsky opened Bryan's abdominal cavity, severed his largest vein with a surgical stapling device—which led to his death—and cut his healthy liver from his body as he bled out, according to an investigation by the state health department . Bryan's spleen was left untouched. The second-degree manslaughter charge stems from an investigation by the Walton County Sheriff’s Office, which coordinated with the Office of the State Attorney First Judicial Circuit and additional state and medical authorities. Read full article Comments
Pentagon Accused Of Cover-Up After Missing Deadline On 46 Military UAP Videos Authored by Steve Watson via Modernity.news, The Pentagon has come under fire for failing to meet a congressional deadline to release dozens of military videos showing unidentified aerial phenomena, sparking fresh claims of a bureaucratic stall on one of the most sensitive national security issues in decades. Rep. Anna P...
Pentagon Accused Of Cover-Up After Missing Deadline On 46 Military UAP Videos Authored by Steve Watson via Modernity.news, The Pentagon has come under fire for failing to meet a congressional deadline to release dozens of military videos showing unidentified aerial phenomena, sparking fresh claims of a bureaucratic stall on one of the most sensitive national security issues in decades. Rep. Anna Paulina Luna, R-Fla., had pressed Defense Secretary Pete Hegseth to deliver 46 specific clips by April 14. Whistleblowers had told her task force that the Pentagon’s All-domain Anomaly Resolution Office (AARO) already possessed the records. Yet as the deadline passed with no delivery, critics pointed to a pattern of delay that has long fueled public distrust. The requested material includes spherical objects maneuvering erratically over Afghanistan, cigar-shaped craft, Tic Tac-style encounters, transmedium vehicles moving between air and water, and multiple formations captured near U.S. military assets, submarines, and sensitive airspace. 🚨Lawmaker asks Hegseth to release UAP videos citing national security concerns Rep. Anna Paulina Luna. R-Fla., is asking Defense Secretary Pete Hegseth to hand over dozens of military “unidentified aerial phenomena” videos by April 14. NBC News' Gadi Schwartz reports. Today is… pic.twitter.com/pQ0yQDCljR — Skywatch Signal (@UAPWatchers) April 14, 2026 On April 15, with the deadline missed, the War Department moved to address the growing pressure. A U.S. official told Liberation Times that AARO is now actively working with the White House and other agencies to prepare previously unseen UAP records for public release. “The Department of War’s All-domain Anomaly Resolution Office (AARO) is working in close coordination with the White House and across federal agencies to consolidate existing UAP records collections and facilitate the expeditious release of never-before-seen UAP information,” the official stated. The official added that “Since t...