Apple’s iPhone demand boost in China continues as competitors raise prices to offset high memory costs. Apple is continuing to see strong demand for its iPhone in China, while other competitors in the region struggle, according to a report published by Counterpoint Research on Thursday. Counterpoint said that total China smartphone shipments fell 4% in the first quarter of 2026 compared to the sam...
Apple’s iPhone demand boost in China continues as competitors raise prices to offset high memory costs. Apple is continuing to see strong demand for its iPhone in China, while other competitors in the region struggle, according to a report published by Counterpoint Research on Thursday. Counterpoint said that total China smartphone shipments fell 4% in the first quarter of 2026 compared to the same period last year.
Federal Reserve Governor Christopher Waller says he is cautious about the need to lower interest rates in the near term due to the energy shock triggered by war in Iran during remarks at Auburn University. (Source: Bloomberg)
Federal Reserve Governor Christopher Waller says he is cautious about the need to lower interest rates in the near term due to the energy shock triggered by war in Iran during remarks at Auburn University. (Source: Bloomberg)
watch now VIDEO 4:44 04:44 AI demand metrics are broken and only Anthropic is being realistic Tech The main demand signal for artificial intelligence looks explosive on paper, but it may be significantly overstated. Anthropic , by pricing its tools for that reality, might be the best-positioned AI company if a correction comes. Tokens are the basic unit of AI usage: words and characters that make ...
watch now VIDEO 4:44 04:44 AI demand metrics are broken and only Anthropic is being realistic Tech The main demand signal for artificial intelligence looks explosive on paper, but it may be significantly overstated. Anthropic , by pricing its tools for that reality, might be the best-positioned AI company if a correction comes. Tokens are the basic unit of AI usage: words and characters that make up both the queries users send and the output models generate. Chatting with an AI consumes a couple of hundred tokens per paragraph. Agentic AI, where models write code, browse the web, and execute multi-step workflows, burns through thousands more per session. Using the rates of Anthropic's latest model, one million tokens of input (prompts) costs $5, and one million tokens of output (the model's responses) costs $25. AI companies cite the boom in token consumption to justify the hundreds of billions of dollars being spent on infrastructure to serve it. But token consumption is becoming a distorted metric. Meta and Shopify say they have created internal leaderboards that track how many tokens employees use. Nvidia CEO Jensen Huang has said he'd be "deeply alarmed" if an engineer earning $500,000 a year wasn't using at least $250,000 worth of compute — measuring what an engineer spends on AI instead of what they produce with it. Once companies start measuring AI adoption by volume, employees optimize for the metric instead of the outcome. "If your goal is to just burn a lot of money, there are easy ways to do that," said Ali Ghodsi, CEO of Databricks, which processes AI workloads for thousands of enterprises. "Resubmit the query to ten places. Put up a loop that just does it again and again. It's going to cost a lot of money and not lead to anything." Jen Stave, executive director of the Harvard Business School AI Institute, hears the same from enterprise leaders. "I've talked to a dozen CTOs or CIOs who are all saying, 'Actually I'm having a really hard time finding an RO...
The End Of Oil Volatility As A Weapon Authored by Tom Luongo via Gold, Goats, 'n Guns blog, This is the only chart that matters right now… not borrowing costs ( @lukegromen ). It’s the weekly chart of Brent Crude. I’ve been telling my patrons for three weeks in the Market Reports that the Brent Crude chart has all the earmarks of a market being manipulated UP to support a narrative … That narrativ...
The End Of Oil Volatility As A Weapon Authored by Tom Luongo via Gold, Goats, 'n Guns blog, This is the only chart that matters right now… not borrowing costs ( @lukegromen ). It’s the weekly chart of Brent Crude. I’ve been telling my patrons for three weeks in the Market Reports that the Brent Crude chart has all the earmarks of a market being manipulated UP to support a narrative … That narrative is Donald Trump is a madman who broke the world and is losing in Iran . Look at the chart carefully, you see big gaps between weekly closes and opens. Also, note the tails to the downside versus the wicks to the upside. Tails are much longer than wicks…. telltale signs of a market that has topped but someone is trying to keep reflating it. Why? Many reasons, from speculations, positions, narrative control, etc. Markets are the sum total of all of these players. But the reality is that you can only manipulate a market over a short period of time (H/T @armstrongeconomics ) unless you control the total pricing system for that market… i.e. central banks and currencies…. and why the gold and silver markets have been manipulated for years. Oil is a market of immense volatility, with 5-year moving average of its Range/Price topping 7% on a weekly basis, which is in bitcoin territory. It should be the most boring market on the planet, since everyone depends on it. But it isn’t. It trades like a penny stock on a double espresso. (H/T Dennis Miller). Someone profits from that volatility. Someone works with others to create that volatility. All Roads don’t lead to DeMoines, FYI. Oil volatility is the enemy of certainty. It retards investment in some cases and redirects it to other less viable investments in others… c.f. Wind, solar, LED lights, and all this Watermelon (Green on the outside, Commie Red on the inside) nonsense. If we want a world of predictability, which is the essential purpose of Human Action (H/T Mises, something most Miseseans have forgotten), then we have to acce...
Live cattle futures are posting $1.45 to $1.65 losses on Friday. Cash trade has picked up this week, with $248 sales across the country. The Friday morning Fed Cattle Exchange online auction showed no sales on the 1,222 head, with bids of $246-247. Feeder cattle futures are trading with contracts...
Live cattle futures are posting $1.45 to $1.65 losses on Friday. Cash trade has picked up this week, with $248 sales across the country. The Friday morning Fed Cattle Exchange online auction showed no sales on the 1,222 head, with bids of $246-247. Feeder cattle futures are trading with contracts...
Lean hog futures are trading with contracts 45 to 85 cents lower on Friday. USDA’s national base hog price was reported at $90.76 on Friday morning. The CME Lean Hog Index was up 6 cents on April 15 at $90.66. USDA’s pork carcass cutout value from the Friday AM report...
Lean hog futures are trading with contracts 45 to 85 cents lower on Friday. USDA’s national base hog price was reported at $90.76 on Friday morning. The CME Lean Hog Index was up 6 cents on April 15 at $90.66. USDA’s pork carcass cutout value from the Friday AM report...
The wheat complex is trading with losses across most contracts so far on the Thursday session. Chicago SRW futures are down 9 to 10 cents in most contracts. KC HRW futures are down 5 to 6 cents at midday. MPLS spring wheat is steady to a penny lower. Crude oil...
The wheat complex is trading with losses across most contracts so far on the Thursday session. Chicago SRW futures are down 9 to 10 cents in most contracts. KC HRW futures are down 5 to 6 cents at midday. MPLS spring wheat is steady to a penny lower. Crude oil...
Corn futures are trading with 1 to 2 cent losses in most contracts on Friday. The CmdtyView national average Cash Corn price is down 1 cent at $4.10 1/4. Crude oil is falling $11.27 on the day following Iran agreeing to open the Strait of Hormuz this morning. Export Sales...
Corn futures are trading with 1 to 2 cent losses in most contracts on Friday. The CmdtyView national average Cash Corn price is down 1 cent at $4.10 1/4. Crude oil is falling $11.27 on the day following Iran agreeing to open the Strait of Hormuz this morning. Export Sales...
OAK RIDGE, Tenn., April 17, 2026 (GLOBE NEWSWIRE) -- Today, Kairos Power broke ground on the Hermes 2 Demonstration Plant in Oak Ridge, Tenn. – the company’s first commercial-scale reactor and the first-ever power-producing Gen IV reactor to receive a construction permit from the Nuclear Regulatory Commission (NRC). (Photos and video) Hermes 2 is Kairos Power’s first deployment under its landmark ...
OAK RIDGE, Tenn., April 17, 2026 (GLOBE NEWSWIRE) -- Today, Kairos Power broke ground on the Hermes 2 Demonstration Plant in Oak Ridge, Tenn. – the company’s first commercial-scale reactor and the first-ever power-producing Gen IV reactor to receive a construction permit from the Nuclear Regulatory Commission (NRC). (Photos and video) Hermes 2 is Kairos Power’s first deployment under its landmark deal with Google to develop an advanced reactor fleet. The plant will supply up to 50 megawatts of c
Key PointsBCS Wealth Management sold 565,196 shares of BSCQ in the first quarter, with an estimated transaction value of $11.06 million based on quarterly average pricing.
Key PointsBCS Wealth Management sold 565,196 shares of BSCQ in the first quarter, with an estimated transaction value of $11.06 million based on quarterly average pricing.