May NY world sugar #11 (SBK26 ) today is down -0.23 (-1.50%), and May London ICE white sugar #5 (SWK26 ) is down -3.70 (-0.84%). Sugar prices are falling today, with NY sugar posting a 2-week low. Ramped up sugar production in India is undercutting prices today after India's National...
May NY world sugar #11 (SBK26 ) today is down -0.23 (-1.50%), and May London ICE white sugar #5 (SWK26 ) is down -3.70 (-0.84%). Sugar prices are falling today, with NY sugar posting a 2-week low. Ramped up sugar production in India is undercutting prices today after India's National...
wingedwolf President Trump announced Friday that Pam Bondi is stepping down as U.S. Attorney General for a yet-to-be-named private sector job. "Pam Bondi is a Great American Patriot and a loyal friend, who faithfully served as my Attorney General over the past year. Pam did a tremendous job overseeing a massive crackdown in Crime across our Country, with Murders plummeting to their lowest level si...
wingedwolf President Trump announced Friday that Pam Bondi is stepping down as U.S. Attorney General for a yet-to-be-named private sector job. "Pam Bondi is a Great American Patriot and a loyal friend, who faithfully served as my Attorney General over the past year. Pam did a tremendous job overseeing a massive crackdown in Crime across our Country, with Murders plummeting to their lowest level since 1900," Trump said in a post on Truth Social on Friday afternoon. "We love Pam, and she will be transitioning to a much-needed and important new job in the private sector, to be announced at a date in the near future, and our Deputy Attorney General, and a very talented and respected Legal Mind, Todd Blanche, will step in to serve as Acting Attorney General," Trump added. According to Bloomberg , Trump is considering nominating Environmental Protection Agency Administrator Lee Zeldin as Bondi's successor. Bondi's departure follows months of harsh criticism for her handling of the release of the Justice Department's files on the Jeffrey Epstein sex-trafficking case. More on SPDR S&P 500 ETF Trust, Vanguard 500 Index Fund ETF There Is No Easy Off-Ramp To The Iranian War A Major Market Rotation Is Likely Coming: Here's Where I'm Loading Up Brace For Inflationary Shock: March CPI Preview One year since the tariff shock of Trump's 'liberation day' S&P 500 seen at 7,700 despite tensions, Citi’s Chronert says - CNBC interview
Frederick M. Brown OpenAI ( OPENAI ) has acquired the online daily tech talk show TBPN in an effort to advance " constructive conversation about the changes AI creates—with builders and people using the technology at the center," the Microsoft-backed ( MSFT ) company announced today. TBPN is hosted by entrepreneurs Jordi Hays and John Coogan. It was launched about 18 months ago and runs from 11 a....
Frederick M. Brown OpenAI ( OPENAI ) has acquired the online daily tech talk show TBPN in an effort to advance " constructive conversation about the changes AI creates—with builders and people using the technology at the center," the Microsoft-backed ( MSFT ) company announced today. TBPN is hosted by entrepreneurs Jordi Hays and John Coogan. It was launched about 18 months ago and runs from 11 a.m. to 2 p.m. PT every weekday. The New York Times described the show as ESPN's "SportsCenter" merged with LinkedIn. OpenAI did not disclose what they paid for TBPN, but they did indicate that the show "will continue to run their programming, choose their guests, and make their own editorial decisions." "As I've been thinking about the future of how we communicate at OpenAI, one thing that's become clear is that the standard communications playbook just doesn't apply to us. We're not a typical company," said OpenAI CEO of Applications Fidji Simo. "We're driving a really big technological shift. And with the mission of bringing AGI to the world comes a responsibility to help create a space for a real, constructive conversation about the changes AI creates—with builders and people using the technology at the center." TBPN has become a hit in Silicon Valley. It has aired sit-down interviews with industry elites, such as Meta Platforms ( META ) CEO Mark Zuckerberg, Microsoft CEO Satya Nadella, and OpenAI CEO Sam Altman. "Over the past year, we've had a front-row seat not just to OpenAI, but to the entire ecosystem, covering the daily news, announcements, and launches in real time," Hays said. "While we've been critical of the industry at times, after getting to know Sam and the OpenAI team, what stood out most was their openness to feedback and commitment to getting this right. Moving from commentary to real impact in how this technology is distributed and understood globally is incredibly important to us." More on OpenAI and Microsoft Microsoft's AI Reset Created A Rare Bargain...
The war in Iran, which escalated in a matter of weeks, has shown just how complex wars can be. They never go as planned, especially because all parties involved have a say, and one can never predict how the other will act. While no one doubted that the U.S. and Israel had an advantage over Iran from a military perspective, the conflict has proven difficult because Iran has used tactics to wage war...
The war in Iran, which escalated in a matter of weeks, has shown just how complex wars can be. They never go as planned, especially because all parties involved have a say, and one can never predict how the other will act. While no one doubted that the U.S. and Israel had an advantage over Iran from a military perspective, the conflict has proven difficult because Iran has used tactics to wage war on the global economy as a result of their influence over oil. Here's why the aftermath of this conflict could make a strong case for buying renewable energy stocks . Continue reading
In this article @CL.1 @LCO.1 Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 2:29 02:29 Oil prices rise after Trump’s Iran war speech The Exchange President Donald Trump has doubled down on the U.S. war against Iran, spiking oil prices Thursday as traders prepare for a longer conflict that will exacerbate the already deep disruption to global energy supplies. The oil market had hop...
In this article @CL.1 @LCO.1 Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 2:29 02:29 Oil prices rise after Trump’s Iran war speech The Exchange President Donald Trump has doubled down on the U.S. war against Iran, spiking oil prices Thursday as traders prepare for a longer conflict that will exacerbate the already deep disruption to global energy supplies. The oil market had hoped Trump would present a clear exit strategy during his national address Wednesday night. Instead, the president said the war will continue for weeks and vowed to hit the Islamic Republic "extremely hard." "With the conflict now expected to last at least into deep April, the barrel math becomes increasingly grim," said Ryan McKay, senior commodity strategist at TD Securities, in a Thursday note to clients. Nearly 1 billion barrels will be lost by the end of the month, including up to 600 million barrels of crude oil and roughly 350 million barrels of refined products like jet fuel, diesel and gasoline, McKay said. Every month the war drags on will see an additional combined loss of 450 million barrels, he said. Stock Chart Icon Stock chart icon Brent crude futures in the past five days Rapidan Energy forecasts a total net loss of 630 million barrels of oil and products by the end of June when accounting for redirected flows through pipelines, emergency stockpile releases, and inventory drawdowns. U.S. crude oil prices have soared more than 10% to top $110 per barrel in the aftermath of Trump's remarks. Brent prices , the international benchmark, jumped more than 6% to top $107. Buyers of physical barrels of U.S. oil are willing to pay nearly $120 in Houston at the moment or a premium of about $5.50 over the May futures contract, said Tom Kloza, an independent oil analyst at Kloza Advisors. "The speech was a disaster," John Kilduff, founding partner at Again Capital, told CNBC. The market is rapidly pricing in the impact of a prolonged war and closure of the Strait of Hormuz...
UiPath Inc. (NYSE:PATH) is one of the best IPO tech stocks to buy right now. On March 25, UiPath announced that Raghu Malpani will take on an expanded leadership role as Chief Product and Technology Officer. In this capacity, Malpani will oversee the company’s product and engineering teams while continuing to report directly to CEO […]
UiPath Inc. (NYSE:PATH) is one of the best IPO tech stocks to buy right now. On March 25, UiPath announced that Raghu Malpani will take on an expanded leadership role as Chief Product and Technology Officer. In this capacity, Malpani will oversee the company’s product and engineering teams while continuing to report directly to CEO […]
Six teenage girls have been arrested after shops were stormed by young people earlier this week as part of social media trend Sadiq Khan has warned against any repeat of “utterly unacceptable” scenes of disorder in Clapham earlier this week, saying culprits who assault and intimidate shop workers will face the full force of the law. The mayor of London said more arrests would be made in the coming...
Six teenage girls have been arrested after shops were stormed by young people earlier this week as part of social media trend Sadiq Khan has warned against any repeat of “utterly unacceptable” scenes of disorder in Clapham earlier this week, saying culprits who assault and intimidate shop workers will face the full force of the law. The mayor of London said more arrests would be made in the coming days, and urged anyone considering more violence over the Easter weekend to think again. Continue reading...
Welcome back to Soundbite. This week, we talk about how the sands are shifting within the podcast industry as video becomes a priority and networks duke it out for deals with the biggest shows. I chatted with Chris Balfe, chief executive officer of Red Seat Ventures, now part of Fox Corp., about the empire he’s building, including the news today that the team is launching its own hosting service. ...
Welcome back to Soundbite. This week, we talk about how the sands are shifting within the podcast industry as video becomes a priority and networks duke it out for deals with the biggest shows. I chatted with Chris Balfe, chief executive officer of Red Seat Ventures, now part of Fox Corp., about the empire he’s building, including the news today that the team is launching its own hosting service. Increasingly, podcast networks are looking a lot like record labels. If you appreciate this kind of work, please support it and subscribe . Reach me through email . Up first, here’s what I’m reading and writing this week. A new report from Midia Research suggests that, on a global scale, YouTube is significantly more popular than Spotify Technology SA for podcast listening and that Amazon Music edges out Apple Podcasts. The Wall Street Journal profiled women who listen to “manosphere” podcast hosts like comedians Joe Rogan, Theo Von and Tim Dillon. Women still make up an incredibly small portion of their audiences. Warner Music Group Corp. acquired music distributor Revelator to boost the services and administrative work it can do for independent artists. Podcast companies are turning into record labels Six years ago, everyone wanted a piece of podcasting’s backend. Some of the biggest players in the tech and audio worlds rushed to buy hosting services, which provide the pipes for distributing shows and placing ads in them. Amazon.com Inc. bought Art19. Spotify Technology SA bought Megaphone. Sirius XM Holdings Inc. snapped up Simplecast and AdsWizz while iHeartMedia Inc. took on Triton Digital and Voxnest. For smaller podcast networks, their stable of shows became desirable assets – if they parked those shows on a hosting service, that platform had more inventory against which to place programmatic ads. Eventually, the race for hosting services largely quieted down as shows and networks found homes and stayed there for extended periods. Recently, however, the market is roa...