How investors are reacting to the AI pause calls from Anthropic and other frontier labs
The investor response to the calls by Anthropic CEO Dario Amodei to slow down frontier artificialintelligence development was greeted negatively, albeit not…
The very big caveat to the report that Anthropic is profitable for a second straight quarter
A published report that frontier artificialintelligence lab Anthropic was profitable for a second quarter in a row contains a very important caveat.…
Massive sinkhole still threatens Nicolas Cage’s $10.5 million Malibu mansion
Actor Nicolas Cage’s lavish Malibu mansion is facing a dramatic threat after a massive hole opened up where part of the property’s driveway once stood.…
Bitcoin bucks tech selloff as AI safety concerns weigh on stocks
Bitcoin rose above $77,000 as calls to slow AI development hit technology shares, while rising oil prices added to market pressure. Source：CoinDesk
Bitcoin ETFs shed $463M in weekly reversal as Ether ETFs gain $197M
ARKB, GBTC and IBIT led Bitcoin ETF withdrawals, while BlackRock’s ETHA pushed Ether ETFs into weekly inflows. Source：Cointelegraph
Fed rate hikes won’t bring down gas prices. Why the bond market is pushing for them anyway.
The 10year Treasury yield is sitting on the doorstep of 5%, and that’s a warning sign for stocks. Source：MarketWatch
Corporate profit forecasts are topping expectations to an unusual degree. AI is a big reason why.
The informationtechnology sector stands out when it comes to issuing upbeat earnings outlooks. Source：MarketWatch
The price of almost everything on your dinner table is climbing at once — and Wall Street is taking notice
Rising crop prices are making the current inflation problem bigger than just oil and the Iran war. Source：MarketWatch
Fed rate hike is about Wall Street, not inflation, says economist
Goldman Sachs late Friday became the last of the major banks to retract its forecast of no rate hike next week. Source：CoinDesk
Circle's $400M Tazapay deal buys emerging market links that take ‘years to build’
Stablecoins' “next battleground is in emerging markets,” one expert said, as Circle looks to expand USDC's reach where rival Tether has long been strong.…
Why OpenAI’s Sam Altman says an IPO isn’t in the cards this year
Concerns about AI safety have ramped up, and OpenAI’s CEO says now would be an ‘illadvised’ time for the ChatGPT creator to go public Source：MarketWatch
OpenAI IPO won't happen this year, says Sam Altman
"Given everything happening with safety, right now would be an illadvised moment to go public," OpenAI CEO Sam Altman told Fortune. Source：CoinDesk