AI Price War Breaks Out: Meta Unveils Paid AI Model For First Time, Will Be "Among Most Affordable Options"

Russia Pressing Ahead On Rail Link To Iran & Azerbaijan To Ease Strain On Maritime Routes This week has brought new US attacks on Iranian infrastructure and logistics, including fresh overnight attacks on some half a dozen bridges, and even reports of strikes on rail hubs and airports. The New York Times observes Friday that "Bridges, rail lines, power and water facilities, and other targets in Iran, Kuwait and elsewhere in the Middle East were attacked in airstrikes on Friday as the United States and Iran escalated their weeklong crisis over...

Is The Momentum Crash Over? Authored by Lance Roberts via RealInvestmentAdvice.com, What a week that was... Despite a hopeful bounce to end the month, it was a bloodbath for most assets. It was the Nasdaq’s worst July in 22 years, bonds’ biggest July yield spike since 2005, and oil’s biggest July jump in over 30 years. Leaving investors with one big trillion-dollar question: is the momentum crash over? As I discussed on Thursday on the Real Investment Show, the average retail investor portfolio is likely faring far worse than the broad market index. The momentum...

Italy's Anti-Israel Opposition Declares 'Victory' After Meloni Suspends Defense Pact Italy has suspended the automatic renewal of its defense agreement with Israel amid the ongoing US-Israeli war on Iran, now 'paused' as a two-week ceasefire holds in order to give a chance for talks. Prime Minister Giorgia Meloni announced the significant status change following weeks of tensions over the Israel question, and after other European governments like Spain and France have heaped criticism on Trump's Operation Epic Fury. "The government, considering the situation we are experiencing, has decided to suspend the...