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

"A Lot Of BS, Honestly": Apollo Head Says Everyone Is Measuring AI Wrong The tokenomics debate got its sharpest contrarian voice this morning, and it came from inside the building. John Zito Photographer: Jeenah Moon/Bloomberg John Zito, co-president of Apollo Asset Management, sat for a fireside chat at the Morgan Stanley US Financials Conference on Wednesday, where he suggested to Bloomberg that measured per unit of intelligence delivered rather than per token, prices are collapsing - even as low-value usage drives the actual bills up. "I think tokenmaxxing and token talk is - it's a lot...
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Jun 22, 2026 / Tyler Durden
Stocks Drift As Chips Extend Gains, Oil Slides On Positive US-Iran Talks
Stocks Drift As Chips Extend Gains, Oil Slides On Positive US-Iran Talks Futures are modestly lower coming off the US holiday weekend, after equities finished higher last week with both Dow and Russell clocking new ATHs and SPX finishing in the green for the 11th time in the last 12 weeks.  As of 8:00am ET, S&P 500 futures edged down 0.1% while Nasdaq 100 contracts are higher by 0.1% with chips outperforming as usual while hyperscalers, aka "check payers" down as all Mag 7 are lower with TSLA (-1.4%) and GOOGL...
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Aug 15, 2026 / Tyler Durden
Racist Plan For Berlin's 'Blacks-Only' Swimming Pool Day Canceled Over 'Safety Concerns'
Racist Plan For Berlin's 'Blacks-Only' Swimming Pool Day Canceled Over 'Safety Concerns' Via Remix News, A planned event at the temporary publicly funded “Volksbad” pool in front of Berlin’s Volksbühne theater has been canceled following an alleged surge of online hostility and threats. The initiative, organized in collaboration with the association Each One Teach One (Eoto), was set to reserve the public bath exclusively for Black children and young people for a six-hour window on Friday before opening to the general public. The organizers are claiming that they could no longer protect...
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Jul 2, 2026 / Tyler Durden
Canada Was A Liberal Paradise... Until The Liberals Took Over
Canada Was A Liberal Paradise... Until The Liberals Took Over Authored by Mark Jeftovic via BombThrower.com, There was a version of this country that worked. This was a country that used to punch above its weight across all key metrics and in a large part, did so espousing classical liberal values. Multiculturalism here was both uncontroversial and functional. People came from everywhere, integrated, and got on with building lives, businesses and contributing to that overall ethos Canadian culture. Minority rights and gender equality stopped being fights and became defaults. Ontario, the most populous province, ran...
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