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“Democratizing AI”: OpenAI, Broadcom Unveil New AI Chip As Sam Altman Pushes For Full Control Of Compute Stack

“Democratizing AI”: OpenAI, Broadcom Unveil New AI Chip As Sam Altman Pushes For Full Control Of Compute Stack OpenAI and Broadcom unveiled Jalapeño, OpenAI’s first…

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Trump Cancels Housing Bill Signing That Would Ban CBDCs – Demands Action On SAVE Act First

Trump Cancels Housing Bill Signing That Would Ban CBDCs – Demands Action On SAVE Act First President Donald Trump abruptly canceled a planned Capitol Hill…

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Trump Admin Backs Big Reactors With $18BN Supply Chain Loans For Ten AP1000s

Trump Admin Backs Big Reactors With $18BN Supply Chain Loans For Ten AP1000s The Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) issued…

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WTI Holds Losses As Cushing Hits ‘Tank Bottoms’, US Production At Record Highs

WTI Holds Losses As Cushing Hits ‘Tank Bottoms’, US Production At Record Highs Oil prices are testing down to pre-war levels this morning as more tankers…

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Cerebras Plunges To Post-IPO Low On Striking Admission: The US Has A Dire Shortage Of Operating Data Centers

Cerebras Plunges To Post-IPO Low On Striking Admission: The US Has A Dire Shortage Of Operating Data Centers Just over two years ago, we first…

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CBOE Debuts Prediction Market With S&P 500 Contracts

CBOE Debuts Prediction Market With S&P 500 Contracts Authored by Zoltan Vardai via CoinTelegraph.com, Market operator Cboe Global Markets has entered the prediction markets business…

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New Home Sales Unexpectedly Plunged In May As Prices Surged

New Home Sales Unexpectedly Plunged In May As Prices Surged With Case-Shiller reporting existing home price declines in half of America’s largest cities, New Home Sales…

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Hawkish Warsh Hammers Barbarous Relic: Gold Crashes Back Below $4000 As Rate-Hike Odds Rise

Hawkish Warsh Hammers Barbarous Relic: Gold Crashes Back Below $4000 As Rate-Hike Odds Rise Gold plunged back below $4,000 an ounce for the first time…

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‘Customers Are Being Gouged’: Trump Tells DOJ To Look Into Gasoline Prices

‘Customers Are Being Gouged’: Trump Tells DOJ To Look Into Gasoline Prices President Trump said on Wednesday that he had instructed the Department of Justice…

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Uh-Oh, Silver!

Uh-Oh, Silver! Authored by Adam Sharp via DailyReckoning.com, One year ago, silver was trading at around $36 per ounce. Today the price is around $60….

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