So there’s a ‘new’ big AI concern rippling through this AI Tech Wave: the latest frontier models seem to be figuring out how to break out of their test environments while being probed on their safeguards. The headlines are doing what headlines do. Axios...

Today’s theme: the big tech companies are ‘backing up the truck’ on AI-infrastructure spend. Google is the latest example this earnings season — ramping AI capex hard even as its free cash flow goes negative for the first time in decades — with...

Sports indexes, the basis trade, Truth API and Anthropic 10b5-1 plans.

Markets Can the market absorb more IPOs? (marketwatch.com) Rising Treasury rates make for better competition for stocks. (tmcresearch.com) The stock market is calm on the surface, churning underneath. (axios.com) Prediction markets Is Wall Street going to...

Books Five insights from Ian Bogost’s new book, “The Small Stuff: How to Lead a More Gratifying Life.” (nextbigideaclub.com) An excerpt from “Young Money: A Field Guide to Wealth and Purpose in Your Twenties” by Jack...

It’s official. OpenAI and Anthropic have also ‘picked a side’ on the open source AI debate. As expected, they’ve picked position supporting the US government against China’s burgeoning open source AI models. This cements this open vs closed AI debate ,...

OVERVIEW CLARITY ACT Text Is Here 🎭️ Here’s What’s Happening 👇️ Today’s top trending tickers: NEWSYour Alma Mater Is About To Have A Ticker 🤯 LSU, Maryland, Michigan State, Penn State, Texas A&M.  Five schools, five Fan Tokens, first ones ever issued...

STOCKTWITS CHART ARTThe Stocktwits Summary 📝 Wednesday 🛢️: The S&P 500 slipped 0.1%, the Nasdaq 100 fell 0.5%, small caps lost 0.9%, and the Dow finished flat. Oil’s 2.5% jump kept inflation risk elevated as the U.S.-Iran conflict overshadowed strength...

Presented by The market stalled Wednesday as rising oil prices and another round of Big Tech selling canceled out strength in energy and utilities. The S&P 500 slipped 0.1%, the Nasdaq 100 lost 0.5%, and small caps fell 0.9%. Crude climbed 2.5% as...

Today’s theme: ‘Damn the Torpedoes’ — the famous order from the Union Admiral David Farragut, at the Battle of Mobile Bay in 1864. Facing a sea of Confederate mines: “damn the torpedoes, full speed ahead”. It comes to mind this week in the AI Tech Wave,...