FedEx, UPS Slide After Amazon Opens Freight Network To All Businesses

"The Value Didn't Arrive": Bain Finds Cost-Savings From AI Are Falling Far Short Of Projections Now that attention within the AI revolution has one again firmly turned toward the cost-benefit equation (i..e., ROI) of tokens (see "From Singularity To Tokenomics: The AI Narrative Just Hit A Serious Snag") in particular, and the trillions behind the AI spending rollout in general, and we say once again because every few months we get some iteration of the following report from Goldman published almost two years ago today... ... we have more bad news: according...

Zelensky's Interceptor Drones Deployed Across Eurasia, Now Shooting Down Iranian Shaheds Three weeks after President Volodymyr Zelensky announced that Ukrainian drone specialists were helping five Gulf states counter Iranian Shahed drones and build low-cost interceptor-based air defenses, he revealed Friday that Ukrainian military personnel had just recently shot down Shaheds in the Gulf theater. "Our teams are already working with five countries on countering (Iran's) 'Shahed' drones — we have provided expert assessments and are helping build a defense system," Zelensky stated on X in mid-March.  By Friday, AP News quoted Zelensky...

LIV Golf CEO Denies "Speculation" That Saudi Arabia On Cusp Of Severing Ties Update (1130ET): Amid reports that Saudi Arabia's Public Investment Fund might be on the verge of pulling its funding for the league, LIV Golf CEO Scott O'Neil told staff in an email overnight that its season will go on "as planned, uninterrupted and at full throttle." The email, which was obtained by ESPN, didn't directly address reports that PIF might stop investing in the breakaway circuit after spending more than $5 billion since its inception in 2022, or whether...