World Economic Fuck'em

3 Detained As SWAT Team Swarms Home Near Guthrie's House In a dramatic Friday night development in a case that's garnered enormous public interest, three people were detained as a SWAT team executed search warrants connected to the abduction of the mother of NBC "Today" co-host Savannah Guthrie -- and a neighbor claims another person shot himself in the head. Action unfolded at two locations -- both of them only about two miles from Nancy Guthrie's Tucson residence. As this is written, police have yet to reveal details.  A Pima County sheriff's deputy...

AI Disruption Returns: Cybersecurity Stocks Tumble On Report Of New Anthropic "Step Change" AI Model Cybersecurity stocks are slumping in premarket trading on Friday as the AI disruption trade returns after a Fortune report said Anthropic is testing a new AI model that “poses significant cybersecurity risks.” According to the report, Anthropic is "developing and has begun testing with early access customers a new AI model more capable than any it has released previously," the company said, following a data leak that revealed the model’s existence.  An Anthropic spokesperson said the new model...

Imminent SpaceX IPO Filing Ignites Rally Across Space-Linked Stocks News that SpaceX may file an initial public offering prospectus with the Securities and Exchange Commission this week or next sparked a rally across SpaceX-linked names, satellite broadband providers, space transportation firms, and even publicly traded closed-end funds that hold private SpaceX shares. The Information reports that SpaceX is set to file an IPO prospectus with the SEC this week or next, with plans for shares to begin trading on U.S. exchanges sometime in June. Wall Street advisers expect the offering to...