Google caused controversy among some developers this weekend and today, Monday, February 23rd, after restricting their usage of its new Antigravity "vibe coding" platform, alleging "maliciously usage." S ome users who had been using the open source autonomous AI agent OpenClaw in conjunction with agents built on Antigravity, as well as those who had connected OpenClaw agents to their Gmails, claim...
Google caused controversy among some developers this weekend and today, Monday, February 23rd, after restricting their usage of its new Antigravity "vibe coding" platform, alleging "maliciously usage." S ome users who had been using the open source autonomous AI agent OpenClaw in conjunction with agents built on Antigravity, as well as those who had connected OpenClaw agents to their Gmails, claimed on social media that they lost access to their Google accounts. According to Google, said users had been using Antigravity to access a larger number of Gemini tokens via third-party platforms like OpenClaw, which overwhelmed the system for other Antigravity customers. This move has cut off several users, underscoring the architectural and trust issues that can arise with OpenClaw. The timing of Google’s crackdown is particularly pointed. Just one week ago, on February 15, OpenAI CEO Sam Altman announced that OpenClaw creator Peter Steinberger had joined OpenAI to lead its “next generation of personal agents.” While OpenClaw remains an open-source project under an independent foundation, it is now financially backed and strategically guided by Google’s primary rival. By cutting off OpenClaw’s access to Antigravity, Google isn’t just protecting its server load; it is effectively severing a pipeline that allows an OpenAI-adjacent tool to leverage Google’s most advanced Gemini models. Google DeepMind engineer and former CEO and founder of Windsurf, Varun Mohan, said in an X post that the company noticed “malicious usage” that led to service degradation. “We’ve been seeing a massive increase in malicious usage of the Antigravity backend that has tremendously degraded the quality of service for our users. We needed to find a path to quickly shut off access to these users that are not using the product as intended. We understand that a subset of these users were not aware that this was against our ToS [Terms of Service] and will get a path for them to come back on but we have l...
Robert Way/iStock Editorial via Getty Images Investment Thesis Nvidia Corporation ( NVDA ) shares are up slightly, roughly 8%, since the last time I wrote on the GPU giant back in November. Since November, large language models, or LLMs (the main consumption driver of Nvidia’s GPU product lineup), have pivoted their focus. Since the start of the ChatGPT era, defined as the November 30th, 2022 laun...
Robert Way/iStock Editorial via Getty Images Investment Thesis Nvidia Corporation ( NVDA ) shares are up slightly, roughly 8%, since the last time I wrote on the GPU giant back in November. Since November, large language models, or LLMs (the main consumption driver of Nvidia’s GPU product lineup), have pivoted their focus. Since the start of the ChatGPT era, defined as the November 30th, 2022 launch date of ChatGPT by OpenAI ( OPENAI ), foundation model giants like OpenAI and Anthropic ( ANTHRO ) have focused on core benchmarks their LLMs can beat as a way to tell investors (and customers) how powerful their models are. Since November (and especially since the start of 2026), there has been a pivot: foundation model companies are now focusing on what their LLMs can do for users vs. their foundational capabilities. This has created the rise of what industry experts are calling “skills.” In other words, this is the dawn of the AI inference era. I believe the foundation model companies are working to show investors that their LLMs have practical, direct use cases as a push to help grow revenues and expand into the “application” layer. This push into the application layer has been one of the biggest drivers of what many market pundits are warning is the death of SaaS software. I have been writing on the AI inference era for almost 2 years now. Inferencing needs will be dramatically different than pre-training GPU clusters (which are Nvidia’s specialty). Many of the datacenters currently being built are designed for pre-training GPU clusters. The pivot here will be big. This will hurt Nvidia. With this, I would now argue that we are on the verge of an overbuild in data center capacity for pre-training clusters. I believe the debt markets have started to figure this out, with recent financings falling apart for hyperscaler financiers like Blue Owl ( OWL ). Private Credit has been one of the biggest drivers in generating the financing to build these data centers (which in ...
Robert Way/iStock Editorial via Getty Images Investment Thesis Nvidia Corporation ( NVDA ) shares are up slightly, roughly 8%, since the last time I wrote on the GPU giant back in November. Since November, large language models, or LLMs (the main consumption driver of Nvidia’s GPU product lineup), have pivoted their focus. Since the start of the ChatGPT era, defined as the November 30th, 2022 laun...
Robert Way/iStock Editorial via Getty Images Investment Thesis Nvidia Corporation ( NVDA ) shares are up slightly, roughly 8%, since the last time I wrote on the GPU giant back in November. Since November, large language models, or LLMs (the main consumption driver of Nvidia’s GPU product lineup), have pivoted their focus. Since the start of the ChatGPT era, defined as the November 30th, 2022 launch date of ChatGPT by OpenAI ( OPENAI ), foundation model giants like OpenAI and Anthropic ( ANTHRO ) have focused on core benchmarks their LLMs can beat as a way to tell investors (and customers) how powerful their models are. Since November (and especially since the start of 2026), there has been a pivot: foundation model companies are now focusing on what their LLMs can do for users vs. their foundational capabilities. This has created the rise of what industry experts are calling “skills.” In other words, this is the dawn of the AI inference era. I believe the foundation model companies are working to show investors that their LLMs have practical, direct use cases as a push to help grow revenues and expand into the “application” layer. This push into the application layer has been one of the biggest drivers of what many market pundits are warning is the death of SaaS software. I have been writing on the AI inference era for almost 2 years now. Inferencing needs will be dramatically different than pre-training GPU clusters (which are Nvidia’s specialty). Many of the datacenters currently being built are designed for pre-training GPU clusters. The pivot here will be big. This will hurt Nvidia. With this, I would now argue that we are on the verge of an overbuild in data center capacity for pre-training clusters. I believe the debt markets have started to figure this out, with recent financings falling apart for hyperscaler financiers like Blue Owl ( OWL ). Private Credit has been one of the biggest drivers in generating the financing to build these data centers (which in ...
President Donald Trump has already leaned on alternative legislation to try to rebuild his tariff wall, after the US Supreme Court ruled that he can’t use a 1977 emergency law to impose import taxes. The court said that Trump exceeded his authority by invoking the International Emergency Economic Powers Act to justify his sweeping “reciprocal” duties targeting America’s trading partners, as well a...
President Donald Trump has already leaned on alternative legislation to try to rebuild his tariff wall, after the US Supreme Court ruled that he can’t use a 1977 emergency law to impose import taxes. The court said that Trump exceeded his authority by invoking the International Emergency Economic Powers Act to justify his sweeping “reciprocal” duties targeting America’s trading partners, as well as separate levies aimed at China, Canada and Mexico. The ruling invalidates a large portion of the tariffs that Trump has rolled out in his second term, but there are other ways that he can introduce import taxes. While the Constitution gives Congress the power to levy taxes and duties, lawmakers have delegated some authority to the executive branch through a number of statutes. Bloomberg Intelligence Senior Policy Analyst Nathan Dean joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Emily Graffeo. (Source: Bloomberg)
US Begins Evacuating Some Personnel From Beirut Embassy As Iran War Looms When it comes to the Middle East and rising tensions, the most watched US diplomatic compound in the whole region is the American embassy in Beirut. When things get hot, or America is at war, the threat level is always raised here first - given also that it has in the past been attacked, especially in the early 1980s with su...
US Begins Evacuating Some Personnel From Beirut Embassy As Iran War Looms When it comes to the Middle East and rising tensions, the most watched US diplomatic compound in the whole region is the American embassy in Beirut. When things get hot, or America is at war, the threat level is always raised here first - given also that it has in the past been attacked, especially in the early 1980s with suicide bombings. Now with potential war with Iran looming, the US State Department is taking no chances, also given Iran's main proxy group, Lebanese Hezbollah, is very active in the capital. If the US were to attack Tehran, it's entirely possible that Hezbollah could in turn hit American interests in Lebanon . The sprawling new US Embassy in Beirut, via Fox News. On Monday, a senior State Dept official conformed the order has gone out for the departure of non-emergency personnel at the embassy in Beirut . "We continuously assess the security environment, and based on our latest review, we determined it prudent to reduce our footprint to essential personnel," the US official told Al Jazeera . "The Embassy remains operational with core staff in place," the source detailed. "This is a temporary measure intended to ensure the safety of our personnel while maintaining our ability to operate and assist US citizens." Again, the heightened precautions are seen as especially necessary in a place like Beirut, which decades ago even saw the American ambassador assassinated. According to a US State Dept outline of past events : Deteriorating security conditions during Lebanon’s 1975-1990 civil war resulted in a gradual reduction of Embassy functions and the departure of dependents and many staff. Ambassador Meloy was assassinated in 1976 . In the early hours of October 23, 1983, a suicide bomber attacked members of the Multinational Force, peacekeepers at the U.S. Marine barracks and the French paratrooper barracks. 241 American marines, sailors and soldiers died, and 128 were wounded....
kieferpix/iStock via Getty Images Introduction Yes, fellow investors, there is blood in the streets and panic on the NYSE. The threat of AI, like a "black plague" has swept through the SaaS sector, causing market cap losses of over $800 billion thus far in 2026. Up until a few weeks ago, AI was a godsend, an enhancer of corporate efficiency...now it's all about disruption and the destruction of va...
kieferpix/iStock via Getty Images Introduction Yes, fellow investors, there is blood in the streets and panic on the NYSE. The threat of AI, like a "black plague" has swept through the SaaS sector, causing market cap losses of over $800 billion thus far in 2026. Up until a few weeks ago, AI was a godsend, an enhancer of corporate efficiency...now it's all about disruption and the destruction of value. The problem (and it certainly is a problem) of the conceptual juggling of the "yeas and nays" of Toast, Inc. ( TOST ) as winner or Toast as loser is that you and I are battling against an unknown, indeed, battling with the unknowable. I derive a great deal of comfort from the fact that Toast has already incorporated meaningful aspects of AI into its software modules, and its customers are already enjoying the benefit of this integration. In my first report on Toast, "Initiating with a BUY, for a Cash Cow with Sustainable Growth," I highlighted various "planks" within the foundation of my investment thesis. These included a narrow economic moat based on +20% market share in its small business (SMB) vertical; the steady improvement in gross and operating margins demonstrating that Toast can enhance efficiency while also enjoying 20-25% top-line growth; rapidly growing free cash flow generation (FCF); and a young, vibrant management team that has thus far successfully guided the firm from a single location in Cambridge, MA, in 2014 to over 164,000 locations today. In this follow-on report, I will first discuss the recent poor stock price performance, break down the CEO's progress update on TOST's core priorities, provide a detailed analysis of the latest Q4 and FYE 2025 financial reporting, and in the latter sections, a deep dive into why I feel that Toast can prosper in the future and not be rendered obsolete by the AI threat. Recent Price Performance Table 1 is not a pretty sight, reflecting the hammering that Toast has received over the past 6 months brought on by fear...
SoFi Technologies (NASDAQ:SOFI) , a digital-first banking and lending platform, closed Monday’s session at $18.23, down 4.15%. The stock declined as investors responded to its lowest price since July and are watching for signs of stabilization after a strong prior-year rally. The company’s volume reached 82 million shares, which is roughly 49% above compared with its three-month average of 54.9 mi...
SoFi Technologies (NASDAQ:SOFI) , a digital-first banking and lending platform, closed Monday’s session at $18.23, down 4.15%. The stock declined as investors responded to its lowest price since July and are watching for signs of stabilization after a strong prior-year rally. The company’s volume reached 82 million shares, which is roughly 49% above compared with its three-month average of 54.9 million shares. SoFi Technologies went public in 2021 and has grown 49% since going its IPO. The broader markets weakened Monday, with the S&P 500 (SNPINDEX: ^GSPC) falling 1.01% to 6,840 and the Nasdaq Composite (NASDAQINDEX: ^IXIC) slipping 1.13% to finish at 22,627. Among financial technology (FinTech) industry peers, LendingClub (NYSE:LC) closed at $14.75, down 9.29%, and Upstart (NASDAQ:UPST) ended at $27.26, off 6.93%, reflecting pressure across fintech lenders. Continue reading
Donald Trump’s rare defeat last week before the Supreme Court continued to resonate Monday as US trading partners stepped back to reassess compromises and deals they made with the president over the past year. The European Union froze ratification of its US accord until the dust settled around a new White House strategy in the global trade war Trump launched almost a year ago. The EU’s initial rea...
Donald Trump’s rare defeat last week before the Supreme Court continued to resonate Monday as US trading partners stepped back to reassess compromises and deals they made with the president over the past year. The European Union froze ratification of its US accord until the dust settled around a new White House strategy in the global trade war Trump launched almost a year ago. The EU’s initial read on Trump’s latest tariff proposals is that they violate the agreement it made with him last year . “We want to have clarity about the situation,” European Parliament trade committee chair Bernd Lange said Monday. “We want to have clarity from the US that they are respecting the deal because that’s a crucial element.” For his part, Trump responded with fresh threats . But with midterm elections approaching and his approval rating hitting new lows , Democrats appear to smell weakness when it comes to his trade war. Some of the party’s biggest names are seizing on Trump’s loss to wage a populist election-year campaign to refund all those billions of dollars in tariffs to taxpayers . What You Need to Know Today Northeast US Reels From Monster Storm It has knocked out power to 600,000 homes and businesses across the region and grounded more than 10,000 flights through Tuesday. Read the Story It’s time for some more AI “scare trades.” Delivery, payments and (again) software stocks slid sharply Monday after a report laying out the potential risks that artificial intelligence could pose to various segments of the global economy. DoorDash, American Express, KKR and Blackstone all slumped more than 8%. Shares of other companies name-checked in the writeup, including Uber, Mastercard, Visa, Capital One and Apollo Global Management were all lower by at least 3%. Citrini Research presented a hypothetical scenario set a little more than two years from now, one where AI’s disruption has caused mass unemployment for white collar workers, declining consumer spending, software-backed loan ...
Company had suspended account of Tumbler Ridge shooter in June 2025 over ‘furtherance of violent activities’ Canada’s artificial intelligence minister says he has summoned representatives from the technology company OpenAI after the company declined to alert police after suspending the account of a user who became the perpetrator of one of the country’s the worst-ever school shootings . Evan Solom...
Company had suspended account of Tumbler Ridge shooter in June 2025 over ‘furtherance of violent activities’ Canada’s artificial intelligence minister says he has summoned representatives from the technology company OpenAI after the company declined to alert police after suspending the account of a user who became the perpetrator of one of the country’s the worst-ever school shootings . Evan Solomon says he is “deeply disturbed” by reports the company, which operates the popular ChatGPT chatbot, suspended the account of Jesse Van Rootselaar over the “furtherance of violent activities” in June 2025 but did not reach out to Canadian law enforcement. Continue reading...
A rather alarming analysis of the disruptive effects of artificial intelligence (AI) on white-collar jobs sent the stock market into a panic on Monday. This helped push down the share prices of numerous prominent companies across several sectors. Most notably in the financial industry, Visa (NYSE: V) took it on the chin with an almost 5% decline on the day. On Sunday, an independent research firm,...
A rather alarming analysis of the disruptive effects of artificial intelligence (AI) on white-collar jobs sent the stock market into a panic on Monday. This helped push down the share prices of numerous prominent companies across several sectors. Most notably in the financial industry, Visa (NYSE: V) took it on the chin with an almost 5% decline on the day. On Sunday, an independent research firm, Citrini Research, published an article on Substack hypothesizing about the far-reaching effects of greater AI implementation. Image source: Visa. Continue reading