Will AI Devalue The Real World?

What's In A Name? Alaska GOP Succeeds In Stopping Democrats From Stealing The Senate Election Alaska's election officials may have just saved a U.S. Senate seat from one of the more brazen ballot schemes in recent memory. The state's Division of Elections issued a preliminary ruling this week that Dan J. Sullivan of Petersburg is ineligible to appear on the 2026 Senate ballot, dealing a significant blow to Democrats - in what Republicans have characterized as a coordinated Democratic effort to siphon votes from incumbent Sen. Dan Sullivan through deliberate...

Futures Rebound On Fresh Bout Of Iran Optimism As Hyperscaler Earnings Loom US equity futures rebound from Friday's selling, indicating a firmer start to the week with S&P futures rising 0.5% at 8.00am ET, and Nasdaq futures up 1% after a sluggish start to the session, after Iran’s Foreign  Ministry said it had received proposals from mediators about the conflict with the US. In premarket trading, semis are higher as are Mag7 names; the AI theme is bid across sectors. Cyclicals are leading Defensives; both are higher in absolute terms,...

Bursting Of AI Bubble, Collapse Of Circular Deals Are Among Top Risks To Global Financial System, BIS Warns An artificial-intelligence bust (and thus bubble), inflation and fiscal stress are the three the most alarming threats to global prosperity at present, the Bank for International Settlements warned. In its annual report published on Sunday, the Basel-based institution - better known as the central banks' central bank - cited those on a list of “pressure points” that currently “demand attention,” with underlying financial vulnerabilities lurking that could amplify any shock. “The global economy remains...