Senate Passes DHS Funding Bill To End 40-Day Shutdown, Airport Chaos

"Price Collapse" Hits Memory Sticks As Hoarded Inventory Floods Market After Google's DeepSeek Moment Following our "Google's DeepSeek Moment" report last week, which detailed how TurboQuant, a compression algorithm for large language models and vector search engines, could sharply reduce AI memory requirements and sparked a selloff in top memory stocks, a Taiwanese financial outlet is now reporting a plunge in memory stick prices this week. Taiwan-based Economic Daily News reports that DDR5 memory stick prices have dropped by 15% to 30%, marking the first major price correction after a rally that began...

Futures Rebound From Overnight Selling To Trade At Session Highs Amid Constant Iran Newsflow Stock futures have reversed overnight losses and traded at session high, just above the flatline, despite diesel topping $5 a gallon - the highest since 2022 - with Iran expanding attacks on energy infrastructure around the Middle East and Israel targeting military / security leadership, reportedly killing Iran security chief Ali Larijani and the commander of Iran’s paramilitary Basij unit. As of 8:15am ET, S&P futures were up 0.1%, while Nasdaq futures were still red, with most big...

Marc Andreessen Calls AI Job-Loss Fears 'Fake', Expects Employment Gains It is not the first time that the venture capital guru has questioned some of the fundamentally dystopian scenarios being proposition in an AI world.  In February, we noted that amid an armada of dystopian futurists, projecting linear thoughts into a future of 'AI uber alles', Marc Andreessen stands as a beacon of potential utopian light, seeing a future that looks very different and very positive for young and old alike. In a brief few minutes, the co-founder of Netscape and VC firm...