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14.04.26 - 15:27
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Futures Rise, Nasdaq Up 10 Days In A Row, On Iran De-escalation Optimism (ZeroHedge)
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Futures Rise, Nasdaq Up 10 Days In A Row, On Iran De-escalation Optimism
US equity futures, and global stocks rise while oil slides on a Reuters report that negotiating teams from the US and Iran could return to Pakistan later this week to resume negotiations to end the war in the Gulf, days after the first peace talks ended without a breakthrough, with chatter from Pakistani media that Trump is said to be in attendance. As of 8:00am ET, S&P 500 futures are up 0.2% while Nasdaq 100 contracts add 0.4%, as the cash index braces for a 10th straight day of gains, its longest streak of gains since 2021, with all Mag 7 stocks higher in premarket trading (Alphabet +0.9%, Amazon +0.7%, Apple +0.2%, Nvidia +0.6%, Meta Platforms +1.2%, Microsoft +1.1%, Tesla +1.9%) as tech / semis outperform other sectors; Cyclicals ex-Energy are leading Defensives. The risk-on rally is poised to continue today with the dollar weaker for a 7th day in a row while Treasuries were little changed. Gold rose 0.7% towa...
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14.04.26 - 15:00
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AI companies make powerful tech – but they′re also savvy marketers (The Guardian)
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Anthropic's Claude Mythos AI is said to be frighteningly capable, but we shouldn't get carried away by the hypeHello, and welcome to TechScape. I'm your host, Blake Montgomery, the Guardian's US tech editor, writing to you from my happy village in Pokopia.Tech companies are cutting jobs and betting on AI. The payoff is far from guaranteed'There's a lot of desperation': skilled older workers turn to AI training to stay afloat'It has your name on it, but I don't think it's you': how AI is impersonating musicians on Spotify'It feels as if I've made a new best friend': my experiment with AI journalling'Irresponsible failure': Google, Meta, Snap and Microsoft slam EU over child sexual abuse law lapse'Abhorrent': the inside story of the Polymarket gamblers betting millions on warOpenAI CEO Sam Altman's home targeted with molotov cocktail Continue reading......
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14.04.26 - 13:24
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Bill Ackman Is Betting Big on AMZN, META, and FNMA. Should Investors Follow? (24/7 Wall St.)
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Billionaire investor Bill Ackman is known for building concentrated positions when he sees asymmetric upside, and several of Pershing Square's top holdings reveal where he has the highest conviction today. The hedge fund currently has major exposure to Amazon, Meta Platforms, and Fannie Mae, three very different investments tied together by Ackman's belief that the ... Bill Ackman Is Betting Big on AMZN, META, and FNMA. Should Investors Follow?...
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