Their pricing model is broken by roughly an order of magnitude...

"Recently, significant evidence has emerged suggesting individuals employed by OpenAI wrongfully took Apple’s secret and confidential information regarding our unreleased technologies, processes, and products..."

"the combined effects of AI-induced increases in memory, software, and electricity prices will add to 0.5% by year-end."

Oh?

REAR VIEW: Trump said ceasefire is over; Qatar negotiators are reportedly in Iran to meet Iranian officials to create conditions for negotiations to continue; Iranian media downplays reports of US-Iran talks next week; BoJ reportedly to keep rates unchanged in July; Japanese official said they are to pursue steps to promote investment in Japanese assets by GPIF; META CEO said new model outperforms Gemini 3.1 Pro; DAL earnings & guidance beat fails to impress.

Mali's military junta is meanwhile aligned with Russia...

“If the rally in oil continues, the pullback in European equities can be significant, having priced out most of the conflict.”

A proposed rule would limit reviews to impacts within the NRC's legal authority and is open for public comment until Aug. 21.

almost two years after the initial indictment...

There's something very pernicious, very suspect about the idea of the government being venture capitalists...

It's not clear with which order the Department of Homeland Security will comply.

China's AI models are reaching a critical point of intelligence performance vs. global proprietary models, with a significant ramp up in domestic enterprise and global SME adoption that will enable a positive data flywheel of further model improvement. 

The first is the global refining utilization rate. 

SpaceX has scheduled the launch of its Transporter-17 rideshare mission for Tuesday, July 7.

Developed market central banks have turned into net “hikers” for the first time since 2022... All else being equal, it’s a bearish sign for equities...

In a social media post, Pritzker called the ruling "a victory in the fight to end gun violence..." 

"One may ask how investors, looking back in two years, will come to view the timing and meaning of SK Hynix's U.S. offering?" 

Weekend at Mitch's?