Everything You Wanted To Know About Building A Cheap AI Setup (That Still Works) But Were Afraid To Ask

Someone Tell Lloyd Blankfein The Fire In Private Credit Has Already Started Submitted by QTR's Fringe Finance As I’ve been writing about, private credit has been under immense stress for months, with liquidity strains, redemption pressure, and growing questions around valuations all surfacing at once. And now with things on the verge of imminent collapse and literally all of f*cking Wall Street already on notice, one former major banking CEO has decided to offer up the King Solomon-like revelation that he believes things could get worse from here. But, obviously, what he doesn’t realize...

House Passes Dem Resolution to Block U.S. Military Action Against Iran In Narrow Vote The U.S. House of Representatives passed a resolution on June 3 directing the withdrawal of U.S. troops from armed hostilities with Iran, in a closely divided 215–208 vote. Four Republicans joined Democrats in supporting the measure, which invokes the 1973 War Powers Resolution to require President Donald Trump to either end the operations or seek explicit congressional approval to continue them. The resolution comes amid ongoing tensions in the region. Although Washington and Tehran announced a ceasefire on April...

"Calm Before The Storm?" UBS Warns Of Stock Market Turbulence As Midterms Loom "This may be the calm before the storm," UBS chief economist Arend Kapteyn wrote in a note on Wednesday morning. Kapteyn is referring to a historically turbulent stretch for equity markets ahead of midterm elections, which threatens to amplify the seasonal rise in market volatility. "Indeed, since 1928, these have been the most volatile months of the calendar, with volatility increasing in both election and non-election years before falling sharply thereafter," Kapteyn continued. Since 1950, the president's party has lost...