"A Lot Of BS, Honestly": Apollo Head Says Everyone Is Measuring AI Wrong

Feds Clear Path To Keep California's Last Nuclear Power Plant Open For 20 More Years Federal regulators have approved keeping the Diablo Canyon nuclear plant running for decades longer, granting 20-year license renewals for its two reactors, according to Yahoo/San Fran Chronicle.  Located on the San Luis Obispo County coast, Unit 1 is now cleared to operate through 2044 and Unit 2 through 2045. The decision marks a significant win for Gov. Gavin Newsom, who pushed in 2022 to delay the facility’s closure in order to avoid power shortages during California’s transition...

Amazon Drops After AWS Growth Misses Whisper Estimates As Capex Soars In our preview of Amazon's earnings, we summarized sentiment as "Bullish, But Concerns Remain" with JPM noting that client "conversations were heavily AWS-skewed with investor focus on degree of acceleration and cloud $ re-capture driven by core workloads, AI, & new partnerships. Still, some concerns remain on broader AI positioning/strategy, Trainium traction, & gap to Azure/Google Cloud growth. Strong Stores execution expected, with N. America margin expansion. But higher fuel costs raise questions on consumer demand & operating margins." They...

Senators Close To Deal To End Airport TSA Crisis As Americans' Fury Mounts With no-shows by unpaid TSA agents imposing hours-long security-line waits and missed flights on flyers at major airports across the country, senators on Monday night signaled that a deal to end the TSA crisis is finally within sight. The leap toward a deal followed a White House meeting of a group of Republican senators hosted by President Trump. “It went really well,” said Alabama Sen. Katie Britt, who was among the attendees. Asked if the group had a solution...