Putin Rips NATO Aggression At Scaled-Down Victory Day Parade As Ceasefire Holds

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...

If prices are instrumental in providing needed information to market participants, then inflation can be seen as introducing static into the system, creating more uncertainty and leading to bad choices.

Ferrari Skids As Wartime Disruptions Hit Deliveries Ferrari shares fell as much as 3% in Milan after first-quarter results showed stronger-than-expected profit and cash flow, but the beat was overshadowed by a plunge in deliveries in the Middle East, as the U.S.-Iran conflict disrupted shipments to one of the luxury automaker's key markets. Ferrari's first-quarter results were broadly ahead of expectations on profit, revenue, and cash flow, but deliveries across EMEA, which includes Europe, the Middle East, and Africa, were the clear outlier. Regional shipments fell to 1,458 units, down 14% year...