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Deutsche Bank: August US Auto Sales Beat Forecasts, But Incentives Remain A Factor
Deutsche Bank: August US Auto Sales Beat Forecasts, But Incentives Remain A Factor
U.S. auto sales came in stronger than expected in August, offering another sign that consumer demand for new vehicles remains relatively resilient despite elevated borrowing costs and broader questions about the economy.
According to Deutsche Bank’s auto team, led by Edison Yu, August sales ran at a seasonally adjusted annual rate of roughly 16.9 million vehicles. That was comfortably ahead of the bank’s 16.4 million estimate and also above the roughly 16.4 million pace recorded a year earlier.
The...
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Jun 28, 2026 / Tyler Durden
Chinese AI Matches Mythos In Cybersecurity Tasks With Open-Weight Model
Chinese AI Matches Mythos In Cybersecurity Tasks With Open-Weight Model
While Anthropic has been forced to shut down its latest general-use models for over two weeks after it emerged that the company's de-tuned public-facing Fable 5 model could be 'jailbroken' into its unrestricted form (Mythos 5) to perform tasks that pose security risks, a Chinese AI company backed by Alibaba and Tencent has released a model that matches the performance of Mythos in some cybersecurity scenarios.
The company, Zhipu AI - also known as Z.ai, can match the latest US models when it comes...
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Jul 5, 2026 / Tyler Durden
Japan Bankruptcies Surge To All-Time High As A Result Of Plunging Yen
Japan Bankruptcies Surge To All-Time High As A Result Of Plunging Yen
In recent months one of the more frequent questions in FX trading has been the relentless collapse in the yen, which recently sank below a 40 year low despite rate differentials stubbornly headed in the opposite direction, and is increasingly flirting with levels which on previous occasions always prompted BOJ intervention.
Among the reasons cited for the chronic weakness of the Japanese currency have been the following three:
Real short-term rates in Japan are negative, which is why Ueda has...
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May 15, 2026 / Tyler Durden
AI Bots Placed In Virtual Town For 2 Weeks Go Apesh*t, Prompting Concerns
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