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AI Selloff Has Room to Go on Mechanical Selling, Says Academy’s Tchir
Peter Tchir, head of macro strategy at Academy Securities, explains the market factors he sees deepening the selloff on the AI trade as he expects the US economy to slow without increased compute spend. (Source: Bloomberg)
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Massie to Bring Hegseth Impeachment Articles Back Next Week
US lawmakers are looking to impeach embattled Defense Secretary Pete Hegseth as soon as next week, an effort that’s gained momentum after the Iran war he championed partly led to Republicans losing control of Congress in the midterms.
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Kalshi and Polymarket Get a Passing Grade on the US Midterm Elections
But it’s not clear whether they’re any better than conventional polling.
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China's AI Agents Are Trapped
Earlier this year, scenes of retirees and young people waiting in long lines to install the AI agent OpenClaw went viral in China. Even as the government warned of cybersecurity risks, consumers rushed to try the long-hyped Next Big Thing…
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Anthropic, Plaid Collaborate on AI Consumer Finance Guidance
Anthropic PBC is tapping the fintech Plaid and its vast network of consumer finance information to bring more tailored financial guidance to users of its Claude artificial intelligence model.
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SpaceX Most at Risk as Investors Rotate Out of AI Losers
Even before the backlash against data centers took shape at the ballot box, the rotation out of AI was underway. SpaceX is the biggest company to join that cohort.