Kraken Financial: More Bank than Bank

US SPR Falls Below 300 Million Operational Limit As Oil Drain Unexpectedly Surges To 6.1MM Barrels, Most In 2 Months As negotiations between the US and Iran to reopen the Strait of Hormuz go nowhere, oil prices continue to slide lower on some naive hope that a resolution to the conflict will magically emerge. Meanwhile, both commercial and strategic stocks continue to be drained at a historic pace, and one day virtually every tank bottom will be hit, sparking a historic surge in commodity prices as the market realizes that...

Ramaswamy Wins Ohio GOP Gubernatorial Primary In Landslide Biotech entrepreneur and former 2024 presidential candidate Vivek Ramaswamy just beat the pants off of political newcomer Casey Putsch (R) by a margin of 82% - 18% (approximately 530,000 votes to 116,000) in the Ohio gubernatorial primary.  The win positions Ramaswamy to face Democrat Amy Acton, the former Ohio health director who led the state’s COVID-19 response and won her party’s nomination unopposed, in the November general election. Acton’s running mate is former Ohio Democratic Party chair David Pepper. The Republican primary lacked suspense after...

Google In Talks With Department Of War To Deploy Gemini AI In Classified Settings The Information, citing multiple people familiar with the discussions, reports that Google is now negotiating with the Department of War on an agreement that would allow Gemini AI models to be deployed in classified settings. This development suggests the DoW is moving very quickly to broaden the use of frontier models for military and intelligence purposes after the Anthropic fiasco. The agreement under discussion would permit the DoW to deploy Gemini for lawful uses, signaling what can...