Tim Robberts Stock index futures were lower before the bell Wednesday as U.S.-Iran engaged in fresh strikes, and the fragile ceasefire appeared to waver. Now, here are 5 news stories that broke overnight to watch out for: Trump signs AI oversight executive order: President Donald Trump has signed an executive order to increase AI oversight, directing companies to provide the government access to a...
Tim Robberts Stock index futures were lower before the bell Wednesday as U.S.-Iran engaged in fresh strikes, and the fragile ceasefire appeared to waver. Now, here are 5 news stories that broke overnight to watch out for: Trump signs AI oversight executive order: President Donald Trump has signed an executive order to increase AI oversight, directing companies to provide the government access to advanced models for cybersecurity tests up to 30 days before public release. The order directs the departments of Treasury, Homeland Security, Defense, and other agencies to design a voluntary framework with AI developers to test their models. EU court delivers split decision on Meta gatekeeper status: Europe’s second-highest court on Wednesday sided with Meta Platforms ( META ) in its challenge to the designation of Marketplace as a gatekeeper under EU rules but dismissed the company’s appeal against the same classification for its messaging service, Messenger. The General Court said the decision does not satisfy reasoning requirements for Marketplace, allowing neither Meta to understand the reasons for its classification nor the courts to exercise their power of review. Perplexity CEO outlines AI valuation thesis: The companies that can provide the most economic value from the power their AI uses will ultimately command the highest valuations, Perplexity CEO Aravind Srinivas told CNBC on Wednesday. Srinivas said that whichever company can provide the “most taken value per watt per user” will be the winner, balancing accuracy, latency, cost, privacy, and intelligence together. Uranium stocks surge on Urenco expansion plans: Uranium producers including Cameco ( CCJ ) and Energy Fuels ( UUUU ) surged in Tuesday’s trading as Urenco USA, the only commercial-scale nuclear fuel producer in the U.S., announced plans to expand capacity to make enriched uranium by nearly 50% through a multibillion-dollar expansion project. The consortium plans to install 2.1M separative work units o...
Partners Group CEO David Layton discusses the firm’s move to cap withdrawals at one of its evergreen private equity funds amid heightened redemption pressure. He speaks with Matt Miller on “Bloomberg Brief.” (Source: Bloomberg)
Partners Group CEO David Layton discusses the firm’s move to cap withdrawals at one of its evergreen private equity funds amid heightened redemption pressure. He speaks with Matt Miller on “Bloomberg Brief.” (Source: Bloomberg)
For years, Tesla Inc. investors have argued about one question that has never had a clear answer: How much of Tesla’s valuation belongs to Elon Musk? The debate has become increasingly important as Tesla’s market value has grown far beyond...
For years, Tesla Inc. investors have argued about one question that has never had a clear answer: How much of Tesla’s valuation belongs to Elon Musk? The debate has become increasingly important as Tesla’s market value has grown far beyond...
China’s latest air-to-air missile, the PL-16, could have a range of more than 300km (186 miles) thanks to a variable-thrust rocket motor, according to an unverified image being circulated online. It comes weeks after the first image emerged of the US Air Force’s new AIM-260 air-to-air missile – a joint advanced tactical missile with a range of at least 193km (120 miles). It is not clear when the A...
China’s latest air-to-air missile, the PL-16, could have a range of more than 300km (186 miles) thanks to a variable-thrust rocket motor, according to an unverified image being circulated online. It comes weeks after the first image emerged of the US Air Force’s new AIM-260 air-to-air missile – a joint advanced tactical missile with a range of at least 193km (120 miles). It is not clear when the AIM-260 will enter service, but US officials have cited China’s PL-15 missile as a key driver for the...
According to chief economic adviser Kevin Hassett, living in the world’s richest superpower and witnessing food, electricity and housing become luxury items is a good thing God, I love paying high prices at the supermarket, don’t you? I walk outside with a bag of basics that cost approximately 500% more than they did a few years ago and it makes me feel so optimistic about life. What a wonderful t...
According to chief economic adviser Kevin Hassett, living in the world’s richest superpower and witnessing food, electricity and housing become luxury items is a good thing God, I love paying high prices at the supermarket, don’t you? I walk outside with a bag of basics that cost approximately 500% more than they did a few years ago and it makes me feel so optimistic about life. What a wonderful thing to live in the US – the world’s richest superpower – and witness food, electricity and housing become luxury items. Donald Trump’s chief economic adviser, Kevin Hassett, knows what I mean. On Sunday Hassett went on Fox News to inform the US public that high prices are good, actually. Trust him – he’s an economist. Yes, it’s true that last month the University of Michigan’s consumer sentiment index dropped to its lowest point since the survey began in 1952 and Americans are feeling grim about the economy. But as Hassett explained, “The Michigan survey no longer has anything to do with the economy … it’s just a place where Democrats get to register how angry they are at President Trump.” Continue reading...
The bleak Arthur Miller-written 1961 American pastoral is rereleased to mark the 100th anniversary of the birth of Monroe, who plays a naive divorcee who meets three new suitors in her most serious and poignant role The 100th anniversary of Marilyn Monroe’s birth, and a two-month retrospective at BFI Southbank, is the occasion for the rerelease of her most serious and poignant film, John Huston’s ...
The bleak Arthur Miller-written 1961 American pastoral is rereleased to mark the 100th anniversary of the birth of Monroe, who plays a naive divorcee who meets three new suitors in her most serious and poignant role The 100th anniversary of Marilyn Monroe’s birth, and a two-month retrospective at BFI Southbank, is the occasion for the rerelease of her most serious and poignant film, John Huston’s western drama and American pastoral from 1961. The film’s end of an era desolation feels more sombre than ever; the last film for both Clark Gable and Monroe and a melancholy late role for Montgomery Clift. The Misfits was written for the screen by Monroe’s then husband, Arthur Miller, adapted from his own short story from a few years before. Miller’s opaque motivations are a subtext running under this movie; with a strangely uxorious dedication or vengefulness, Miller conceived the whole thing for Marilyn. It is the story of a passionate, vulnerable, childlike free spirit who finds a complex kind of excitement and freedom – flavoured with disillusion – with a real man after divorcing an emotionally blank city dweller. (Monroe and Miller divorced immediately after production.) The key irony of the title is that of course no one on screen is a misfit: they fit in all too well with the stark landscape and each other in their loneliness, their discontent and their yearning for something else or something more to live for. Continue reading...
In the Guardian’s Against the tide series , the documentary photographer got to know some ‘amazing’ 16- to 25-year-olds living on the fringes of England and Wales, and now her work is the centre of a new touring exhibition It was while reading a landmark report about the poor health of people who live on the English coast that documentary photographer Polly Braden had her big idea. “I was just blo...
In the Guardian’s Against the tide series , the documentary photographer got to know some ‘amazing’ 16- to 25-year-olds living on the fringes of England and Wales, and now her work is the centre of a new touring exhibition It was while reading a landmark report about the poor health of people who live on the English coast that documentary photographer Polly Braden had her big idea. “I was just blown away by it,” she says. “I thought: this is about England. And it affects all of us.” At the same time, as a single mother of teenagers, she had become interested in the lives of young people who had grown up under austerity, lived through a pandemic and were becoming adults during a cost-of-living crisis. Continue reading...
In survey of more than 300 fired probationary employees, 95% reported continuing mental health effects US federal workers laid off by the Trump administration said they are experiencing mental health effects, including PTSD-like symptoms, from losing their jobs, according to a new survey . More than 300 fired probationary employees were surveyed, with 95% reporting ongoing mental health effects, a...
In survey of more than 300 fired probationary employees, 95% reported continuing mental health effects US federal workers laid off by the Trump administration said they are experiencing mental health effects, including PTSD-like symptoms, from losing their jobs, according to a new survey . More than 300 fired probationary employees were surveyed, with 95% reporting ongoing mental health effects, according to 27UNIHTED, a network of former National Institute of Health (NIH) employees. Nearly half said they are experiencing PTSD-like symptoms, and a quarter are taking new medications to manage symptoms. Continue reading...
In a new exhibition, work from artists including Pablo Picasso and Wifredo Lam offer different ways to see what a portrait can represent What exactly is a portrait? At its simplest, it might be an attempt to depict oneself or someone else via a painting. But then consider German expressionist Max Beckmann’s masterpiece The Beginning, a triptych of scenes from his childhood, or Cuban artist Wifredo...
In a new exhibition, work from artists including Pablo Picasso and Wifredo Lam offer different ways to see what a portrait can represent What exactly is a portrait? At its simplest, it might be an attempt to depict oneself or someone else via a painting. But then consider German expressionist Max Beckmann’s masterpiece The Beginning, a triptych of scenes from his childhood, or Cuban artist Wifredo Lam’s Ídolo, a melange of forms based around the goddess Oyá. Rooted more in memory and myth than a mere physical likeness, these pieces stretch just what we might decide counts as a portrait. Works such as the Beckmann and the Lam – as well as cubist abstractions, an ornate hand mirror, and one of Joan Miró’s pieces of “painting-poetry”, — are all portraits as defined by The Met’s new show The Face of Modern Life, which gathers close to 80 works from the museum’s permanent collection. A boisterous and effusive selection of work from one of the nation’s most storied museums, this show gives audiences a peek into the museum’s estimable archives and a chance to wonder just what defines this seemingly simple but truly elusive form. Continue reading...
When individuals are troubled by their greying hair, some may find plucking it to be the easiest solution. However, many Chinese people hesitate to do so for a specific reason. A prevalent folk belief suggests that plucking one white hair will lead to three more white strands growing in its place. Some even go as far as claiming that 10 white hairs will sprout after plucking just one. Medical expe...
When individuals are troubled by their greying hair, some may find plucking it to be the easiest solution. However, many Chinese people hesitate to do so for a specific reason. A prevalent folk belief suggests that plucking one white hair will lead to three more white strands growing in its place. Some even go as far as claiming that 10 white hairs will sprout after plucking just one. Medical experts have clarified that this notion is purely a superstition. Yang Dingquan, a trichologist at the...
A former NASA engineer named John Muratore sat on console as launch director in early September 2016 as propellant flowed onto a Falcon 9 rocket in Florida. Ahead of a planned launch two days later, SpaceX was preparing for a static fire test of the vehicle. Then, all of a sudden, the rocket exploded. "It came out of nowhere, and it was really violent," Muratore said. This fireball resulted in the...
A former NASA engineer named John Muratore sat on console as launch director in early September 2016 as propellant flowed onto a Falcon 9 rocket in Florida. Ahead of a planned launch two days later, SpaceX was preparing for a static fire test of the vehicle. Then, all of a sudden, the rocket exploded. "It came out of nowhere, and it was really violent," Muratore said. This fireball resulted in the destruction of the rocket, much of its launch site, and the AMOS-6 satellite already attached to the vehicle. Nearly a decade later, on May 28, Blue Origin conducted a static fire test of a new rocket, with its larger New Glenn vehicle a few miles down the Florida coast. The company had gotten further into its test, reaching engine ignition, before its rocket also exploded . Read full article Comments
Life beyond the Magnificent 7. Trader Talk host Kenny Polcari, Pacer ETFs President Sean O'Hara, and Catalyst Funds CIO David Miller discuss why capital is moving outside traditional mega-caps and into tech infrastructure. Breaking down the next leg of the AI boom, the panel reveals why investors must focus on data center power, liquid-cooling systems, and critical memory chipmakers
Life beyond the Magnificent 7. Trader Talk host Kenny Polcari, Pacer ETFs President Sean O'Hara, and Catalyst Funds CIO David Miller discuss why capital is moving outside traditional mega-caps and into tech infrastructure. Breaking down the next leg of the AI boom, the panel reveals why investors must focus on data center power, liquid-cooling systems, and critical memory chipmakers