US Tries to Distance Itself From Israeli Strikes on Oil Infrastructure in Iran

The Token Revolt Goes Mainstream: Palo Alto CEO Demands 90% AI Price Drop Eight days ago it was Palantir's Alex Karp going ballistic on live television about the "effing insane" economics of renting intelligence by the token. On Thursday it was Palo Alto Networks CEO Nikesh Arora's turn, and while his delivery was calmer, his number was not: Arora told CNBC that AI token prices need to fall as much as 90% before enterprise adoption can actually scale. So the chief executive of one of the largest cybersecurity companies in the world...

SpaceX Reportedly Lowers IPO Valuation Target SpaceX is targeting a valuation of at least $1.8 trillion in its upcoming initial public offering, Bloomberg reported, citing people familiar with the matter. This is below an earlier goal of more than $2 trillion. In practice, the initial IPO valuation target is a marketing range, not a final number. Therefore, any valuation shifts ahead of the trading day would not be unusual. This suggests advisers are calibrating the deal to what investors are willing to absorb, especially given the massive proposed raise of...

Socialist NYC Mayor Mamdani Inadvertently Hands ICE A Target Map To Catch Illegals Far-left New York City Mayor Zohran Mamdani, who has repeatedly denounced capitalism while promoting a socialist reconstruction of the metro area, sparked uproar this week after releasing a map highlighting 30 migrant enclaves while omitting historic Italian, Irish, and Jewish communities. The map includes areas such as Little Palestine, Little Pakistan, Little Yemen and Little Guyana, but leaves out Little Italy, Irish enclaves including Woodlawn and Sunnyside, and Brooklyn's heavily Orthodox Jewish Borough Park.  Mamdani's decision to leave...