Futures Drop, Chips Resume Slide As OpenAI IPO Delay Dents Sentiment

Germany Plans To Force Social Media Platforms To Fill 20% Of Algorithmic Reccs With 'State-Approved' Content Authored by - Remix News Staff - via Remix News, Germany's federal states are proposing that social media platforms reserve at least 20 percent of algorithmic recommendations for content from a pool of approved media outlets deemed important for opinion diversity, according to a draft under public consultation. The proposed measure is already being slammed as a state-mandated propaganda effort that would force German citizens to view content friendly to the ruling establishment parties. The measure...

Dowd: Lower Yields Are Coming... And Nobody Will Like Why Authored by Ed Dowd via 'Beyond the Narrative' substack, On August 19th the Treasury announced it would increase the size of its nominal long-end liquidity support buybacks beginning September 9. The long end yields declined on the headline. Cue the usual chorus of X hot takes: stealth QE, yield-curve control lite, money printing etc. The reality is much less bombastic...it is mostly a jawboning exercise. The Treasury Is Not the Fed...The Treasury Cannot Create Money Buybacks of this type are a recycling operation. You...

Bloomberg reported on Thursday that during the US-Israeli bombing campaign against Iran that began on February 28, Iranian forces destroyed more than two dozen US MQ-9 Reaper drones, or nearly $1 billion worth of the unmanned aircraft. The number represents about 20% of the Pentagon’s MQ-9 inventory. The drones have been used for nearly two […]