ArXiv, a popular platform for preprint academic research, is taking a new step to attempt to reduce the volume of papers that include AI slop. If a paper has "incontrovertible evidence that the authors did not check the results of LLM generation," such as hallucinated references or "meta-comments" left by an LLM, authors will be banned from ArXiv for a year, according to Thomas Dietterich, ArXiv's...
ArXiv, a popular platform for preprint academic research, is taking a new step to attempt to reduce the volume of papers that include AI slop. If a paper has "incontrovertible evidence that the authors did not check the results of LLM generation," such as hallucinated references or "meta-comments" left by an LLM, authors will be banned from ArXiv for a year, according to Thomas Dietterich, ArXiv's section chair of its computer science section. Future ArXiv submissions will also have to be accepted at "a reputable peer-reviewed venue." Here's what he said on X : Attention @arxiv authors: Our Code of Conduct states that by signing your name … Read the full story at The Verge.
peterschreiber.media/iStock via Getty Images In consideration of management’s downbeat outlook coupled with upcoming debt maturities, Citi Research expects additional downside pressure on shares of Optimum Communication ( OPTU ) and an increased risk for equity holders. This led analyst Michael Rollins to downgrade the stock to Sell with High Risk from his prior rating of Neutral with High Risk. A...
peterschreiber.media/iStock via Getty Images In consideration of management’s downbeat outlook coupled with upcoming debt maturities, Citi Research expects additional downside pressure on shares of Optimum Communication ( OPTU ) and an increased risk for equity holders. This led analyst Michael Rollins to downgrade the stock to Sell with High Risk from his prior rating of Neutral with High Risk. Additionally, Rollins slashed his target price for Optimum by two-thirds to just $0.50 per share, representing an additional 42% downside from Thursday’s close. Last week, the company reported a net loss of $2.88B as a result of a significant impairment charge while also warning of continued declining revenue and a loss of broadband subscribers. The company also holds $25.5B in consolidated net debt. “While there could be scenarios in which equity holders could see upside, we see a greater risk of financial distress in the absence of a faster path to better margins, significant asset monetization, an outright sale/privatization of the company, or a financial restructuring that leaves some room for current common shareholders,” Rollins notes, adding that inorganic opportunities to improve equity value seem “difficult to predict.” Besides a downgrade and price target cut, Rollins also lowered 2026 revenue estimates, including broadband ARPU as well as EBITDA, to better align with management’s indications for a mid-single-digit reduction in revenue and low- to mid-single-digit EBITDA decline, which is inclusive of a $50M benefit from the divestiture of i24 News. On its balance sheet, the company’s leverage ratio and cost of debt continue to increase, making any attempts for debt reduction challenging. Citi estimates the market value of Optimum net debt (ex-Lightpath) at ~5.1x Citi’s 2026 EBITDA outlook relative to the book value of its net debt of ~8.1x. By comparison, FV/EBITDA multiples for Comcast ( CMCSA ) and Charter Communications ( CHTR ) are trading at ~5.1x EBITDA. The...
imaginima/iStock via Getty Images Sable Offshore ( SOC ) shares jumped 10.1% on Friday after a federal judge dismissed one of the several environmental lawsuits challenging the restart of the company's oil operations in California. The U.S. District Court for the Central District of California ruled the Outer Continental Shelf Lands Act did not require a notice and comment period for the revised p...
imaginima/iStock via Getty Images Sable Offshore ( SOC ) shares jumped 10.1% on Friday after a federal judge dismissed one of the several environmental lawsuits challenging the restart of the company's oil operations in California. The U.S. District Court for the Central District of California ruled the Outer Continental Shelf Lands Act did not require a notice and comment period for the revised production plan for the restart of Sable Offshore's ( SOC ) long-dormant offshore drilling production. Changes to a prior authorization of the company's Santa Ynez Unit are not a major federal action; thus, the Bureau of Ocean Energy Management did not need to consider public comments or recommendations, the judge said in her order. The Trump administration granted emergency restart authority to the company under the Defense Production Act earlier this year, and California and environmental groups argue the move unlawfully usurps state authority to govern the coastline and land the oil runs through. Preliminary injunctions to block further operations remain pending before the same federal court. More on Sable Offshore Sable Offshore: The Surge Offers A Great Exit Point (Downgrade) Sable Offshore: The Tides Have Shifted In Favor Of Production Start (Rating Upgrade) Seeking Alpha’s Quant Rating on Sable Offshore
Coal is by far the most polluting fuel that we use. It produces the most carbon emissions per unit of energy, and impurities in the coal produce a lot of sulfur dioxide aerosols, as well as nitrous and nitrogen oxides. Then there’s the coal ash that’s left behind, which typically contains a lot of toxic metals. The health benefits of displacing coal power are typically estimated to be well above t...
Coal is by far the most polluting fuel that we use. It produces the most carbon emissions per unit of energy, and impurities in the coal produce a lot of sulfur dioxide aerosols, as well as nitrous and nitrogen oxides. Then there’s the coal ash that’s left behind, which typically contains a lot of toxic metals. The health benefits of displacing coal power are typically estimated to be well above the costs of the new generating equipment. But a new study suggests that the problems with coal-derived pollution go beyond health; it interferes with other power sources. Researchers have found that aerosols, both natural and human-derived, significantly reduce the power we could be getting from solar panels, to the tune of hundreds of terawatts a year. And a lot of those aerosols come from burning coal. A big impact The new work, done by a team in the UK, is based on a new global inventory of solar facilities. This started with known inventories of solar facilities, and was supplemented with AI-analyzed satellite imagery and crowdsourced records of locations. Satellite images were then used to determine the size of these facilities, and location-tagged weather data could then be used to estimate their power production. Read full article Comments
The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -1.24%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -1.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.54%. June E-mini S&P futures (ESM26 ) fell -1.26%, and June E-mini Nasdaq futures...
The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -1.24%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -1.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.54%. June E-mini S&P futures (ESM26 ) fell -1.26%, and June E-mini Nasdaq futures...
The Nasdaq Composite Index ( COMP:IND ) closed in the red on Friday, reversing its weeks-long trend. The index ended 1.54% lower as tech stocks fell following the U.S.-China summit. As for the whole week, tech stocks dominated the gainers, with Cisco ( CSCO ) gaining the most following a better-than-expected third-quarter print. Earlier in the week, Cisco rallied 17% to a new intraday record of $1...
The Nasdaq Composite Index ( COMP:IND ) closed in the red on Friday, reversing its weeks-long trend. The index ended 1.54% lower as tech stocks fell following the U.S.-China summit. As for the whole week, tech stocks dominated the gainers, with Cisco ( CSCO ) gaining the most following a better-than-expected third-quarter print. Earlier in the week, Cisco rallied 17% to a new intraday record of $119.36. Its peer Palo Alto Networks ( PANW ) also surged in tandem, becoming the second-highest gainer. Meanwhile, Intel ( INTC ) lost the most amid a wider AI and chip stocks sell-off after the U.S.-China summit skipped discussions around key chip issues. Top gainers of the week: Cisco ( CSCO ) +22.42% Palo Alto Networks ( PANW ) +16.92% CrowdStrike ( CRWD ) +12.56% Take-Two Interactive ( TTWO ) +9.70% Diamondback Energy ( FANG ) +8.27% Top losers for the week: Intel ( INTC ) -12.84% Constellation Energy ( CEG ) -11.80% Thomson Reuters ( TRI ) -11.07% Sandisk ( SNDK ) -10.25% Charter ( CHTR ) -9.45% More on Markets Intel: Winning Washington Isn't Enough At $545 Billion Cisco: Soaring To New All-Time High The AI Power Bottleneck Makes Constellation Energy A Strong Buy Everything selling off: BTC, ETH, Silver, SP500, Nasdaq—where's money going? 3 things to look out for on Monday
Taiwan has emerged as the first test of Beijing and Washington’s new “strategic stability” formula, according to analysts. In the aftermath of the high-profile summit between Chinese President Xi Jinping and US President Donald Trump in Beijing, subtle differences have emerged in how the two sides have characterised Taiwan, which Beijing defines as the most important issue in the bilateral relatio...
Taiwan has emerged as the first test of Beijing and Washington’s new “strategic stability” formula, according to analysts. In the aftermath of the high-profile summit between Chinese President Xi Jinping and US President Donald Trump in Beijing, subtle differences have emerged in how the two sides have characterised Taiwan, which Beijing defines as the most important issue in the bilateral relationship. Chinese foreign minister Wang Yi said on Friday that during Trump’s state visit to China from...
Getty Images Kyivstar Group Ltd. ( KYIV ) released its first-quarter earnings this week, revealing an interesting set of results. I previously covered the emerging market telecom and digital services provider in January on the basis of its noteworthy market share and its growth-at-a-reasonable-price attributes. Upon reviewing Kyivstar's Q1 results, I decided to maintain my positive outlook on the ...
Getty Images Kyivstar Group Ltd. ( KYIV ) released its first-quarter earnings this week, revealing an interesting set of results. I previously covered the emerging market telecom and digital services provider in January on the basis of its noteworthy market share and its growth-at-a-reasonable-price attributes. Upon reviewing Kyivstar's Q1 results, I decided to maintain my positive outlook on the company's stock; here's why. Headline Results Kyivstar Group's first-quarter results settled above expectations as the company achieved $323 million in quarterly revenue ($9.90 million above expectations) and an earnings-per-share figure of 37 cents (3 cents above estimates). Figure 1 – Q1 Results Summary (Seeking Alpha) Numerous factors contributed to Kyivstar's Q1 results, namely a consolidation of acquired companies, progression into digital products, cross-selling, and high cash conversion. To elaborate: as illustrated by figure 2, the company's EBITDA extended to $173 million, a 23.5% year-over-year increase. Although much of the increase can be attributed to Uklon and Tabletki's consolidation, key metrics suggest that underlying growth remains robust. For example, Kyivstar TV added 300 thousand customers year-over-year (+10.7%), My Kyivstar added 900 thousand customers (+10.3%), and Helsi added 100 thousand (+2.7%). Collectively, core growth and new acquisition consolidation translated into an alluring net income margin of ~26.32%—and total equity increased by 3.3% year-over-year to $1.34 billion, suggesting that new acquisitions as well as high CapEx intensity (29.9% of revenue) have added to equity value instead of conflicting with shareholders' interests. Figure 2 – Q1 Results Compact (Seeking Alpha) Investors didn't react positively to Kyivstar's earnings as the stock has lost around 1.90% of its value in the past five trading days. However, it's worth noting the broader market risks that occurred at the same time: emerging market equities have been struck hard in...