After Trump's 'Election Cyber-F**kery' Speech, "The Game Is Gonna Get Rough Now"...

OpenAI Eyes Google's Chips Hours After Oracle Deal, While Anthropic Taps JPMorgan For Retail IPO Amid Warren's 'Existential Risk' Inquisition Alphabet bulls couldn't have scripted the timing any better. Just hours before Google's parent company reports third-quarter earnings - and a day after Oracle confirmed it will bring Google's custom AI silicon to Oracle Cloud Infrastructure - word leaked that OpenAI is preparing to buy Google's AI chips too. We've also got Anthropic news - with JPMorgan tapped to lead its IPO, while Sen. Elizabeth Warren fired off a letter...

Turkey Restricts Black Sea Traffic As Drone Attacks On Commercial Vessels Spike Via The Cradle Turkey has begun restricting commercial ship traffic into the Black Sea amid a surge in Russian and Ukrainian attacks on civilian vessels, Bloomberg reported Saturday. Turkiye's Directorate General of Coastal Safety has informed several ships heading to Novorossiysk, an important Russian oil and grain export port, that it is not issuing transit permits at this time and requires more time to review passage applications through the Dardanelles. via Reuters The sources told Bloomberg that Turkish authorities had provided no explanation for the move. Some...

Is The Fed Finally Done Rescuing Markets?  Submitted by QTR's Fringe Finance GLJ Research’s Gordon Johnson is one of my favorite analysts on the street to read and gets a rare endorsement from me (I hate basically everyone selling sell-side style research) because, like my friend Mark Spiegel, he is one of the last few analysts out there that seems committed to the truth….no matter how ridiculous it makes him look in the short term while he’s waiting for his theses to play out. Johnson came away from this week’s Fed meeting with a...