SpaceX Rebounds From Near-50% Rout as Starship Launch Catalyst Nears
(Zero Hedge)—SpaceX has slipped below its heavily hyped $135 IPO price and has been nearly halved from its all-time high,...
Hedge Fund CIO: “We Haven’t Yet Diffused AI Across the Economy to the Degree That It Can Be Useful”
(Zero Hedge)—By Eric Peters, CIO of One River Asset Management “President Putin said, ‘I would love to meet Zelensky in...
When Will the Cattle Cycle Turn? BofA Has Answers for Beef Lovers
(Zero Hedge)—Bank of America analysts spoke with Oklahoma State University agricultural economist Derrell Peel, who offered new insight into the...
Japan Bankruptcies Surge to All-Time High as a Result of Plunging Yen
(Zero Hedge)—In recent months one of the more frequent questions in FX trading has been the relentless collapse in the...
Japan Takes Next Step in $2.3 Trillion Plan With Domestic AI Model and 10M Robots
(Zero Hedge)—The Japanese government has unveiled plans to create a domestically developed artificial intelligence model and put roughly 10 million...
Kremlin Confirms Rare Talks to Import Gasoline Amid Drone Strike Mayhem
(Zero Hedge)—Russia has confirmed its government is currently in negotiations with other countries to purchase gasoline while desperately seeking to...
“But a Whimper”: Retail Euphoria in SpaceX Fizzles After Stock Loses $600 Billion in One Day
(Zero Hedge)—It started off with a bang: SpaceX IPOed on June 12 with an opening price of $150 on their first...
JD CEO Warns 700,000 Delivery Workers Will Be Replaced by Robots “Sooner or Later”
(Zero Hedge)—The founder of China's largest e-commerce and logistics companies fired off a warning shot to hundreds of thousands of...
8 Frightening Forecasts for the Future of Fraud
(Zero Hedge)—Fraud is entering a new era. Businesses across North America expect fraud trends like biometric fraud, deepfake scams, and synthetic...
US Private Credit Default Rate Remains at Record High: Fitch
(Zero Hedge)—As we have detailed extensively, most recently here: "Blackrock's Private Credit Fund Gates Investors Again After Redemption Requests Surge...