Iran Says ‘Many Differences’ Remain With US After New Talks

Can Sam Altman Be Trusted Inside Your Home? Meet OpenAI's New Always-On Smart Speaker Trust remains OpenAI's biggest problem. Sam Altman's public feud with Elon Musk, combined with Apple's allegations that OpenAI stole trade secrets, has only intensified concerns surrounding the company's leadership and governance. Amid this glaring trust issue, OpenAI now wants to place what Bloomberg describes as "essentially a smart speaker without a display" inside millions of homes. Equipped with microphones, cameras, and environmental sensors, the $300 device would function as an always-on intelligence platform, potentially collecting voice, visual, behavioral,...

Berkshire Adds Google, Delta, Trims BofA, Kroger As Abel Taps Into Record Cash Hoard While nowhere near as tumultuous as the transformational first quarter in Berkshire's post-Warren Buffett era which saw over a dozen names rotated in and out, in the second quarter there were a few notable changes under Berkshire's new CEO, Greg Abel.  In a quarter in which Abel spent a net $20 billion on other equities, and repurchased about $4.5 billion of its own stock, leaving it with $365.5 billion of cash at midyear, down from a record $397...

Jobless Claims & JOLTs Confirm 'Higher Hire, No Fire' Economy With JOLTs data showing record hiring (and ADP signaling acceleration in job additions), today we get some signal on firings as the number of Americans filing for unemployment benefits for the first time was at 200k last week (below the 205k exp) and continuing to languish near multi-decade lows (near 1967 lows!!)... Source: Bloomberg Non-seasonally adjusted across all the states saw a 299k drop in claims led by Rhode Island and Arizona (California and Michigan saw the biggest increases)... Continuing jobless claims also...