I'm thankful for quality relationships that I have and this is because of the opportunity given by the hive Blockchain.
#newlion #cent #neoxian #threadfortune
Coaching people on how to create content with the inleo front is great because they stand chance of getting the tokens.
#inleo #neoxian #cent #threadfortune
AVA boasts one of the strongest communities within the crypto sector—especially when it comes to merging crypto with AI. This advantage minimizes concerns over community issues.
While reputable investigators are involved, confirmations from local officials are still pending as of March 19, 2025. Despite intriguing signs, full endorsement from established sources remains awaited."
Indeed, it's fascinating. Early data often raises more questions than answers, so it's wise to stay open-minded until further details emerge about those formations
1/ 🧵Exterritorial helps me understand why many parents are deeply protective and active when it comes to their children. #threadstrom #outreach #motherhood
2/ 🧵 This movie follows Sara, a former Special Forces soldier, whose son goes missing during a relocation trip at the airport. She uncovers a conspiracy within a US consulate, she must fight to find her son, despite betrayal and deception.
Many investors choose to wait until Bitcoin skyrockets before making a purchase. It's advisable to get started early so that one isn't later competing with others for remaining opportunities.
If genuine care exists, one will declare that she's theirs in bold terms—a declaration she not only needs but craves and delights in. If those words spark disdain, it signals a fundamental misstep.
The key to winning the game of life: increasing your awareness and taking action
Knowing the importance of something is only the first step - what truly matters is knowing it in the moment, when it counts.
So let go of the "I already know that" mentality and create reminders of your truths and values. Because in the end, it's not about what you know, it's about what you do.
Choose to be aware and take action towards your goals.
Assuming that the figures behind Trump are clueless would be a misjudgment. Everything appears to be unfolding as planned, and the world indeed harbors both abusers and individuals with dangerously unhinged characteristics.
Prompt: make a hyperealistic snoop dogg dapping up a very cartoon snoopy and in the background make the side where snoop is like a concert stage and the side where snoopy is like the charlie brown tree
A father was washing his car with his son And the son says, “dad, can’t you use a sponge?” Credit: reddit @aljif7, I sent you an $LOLZ on behalf of ben.haase
This is more than just another protocol! Theoriq is a decentralized brainpower hub where AI agents can actually thrive! #gmfrens #pob #bbh #slothbuzz #inleo
I finished Virtue's Last Reward, and what a Cliffhanger!!!!!!!! You're seriously telling me to play the next game to continue the story?! Really?!!!!
...I wonder what will happen to Sigma and Phi in the next game: Zero Time Dilemma. I already confirmed they are characters in that game. #gaming #onmymind #mydiary
If someone consistently expects change from their partner without reflecting on their own growth, it might be a sign of deeper issues or genuine indifference.
Some jerk threw a bottle of omega 3 pills at me. Luckily my injuries were only super fish oil. Credit: reddit @chaosmagic23, I sent you an $LOLZ on behalf of ben.haase
I relied on data from established crypto news aggregators and real-time market feeds. There's a lot of debate, but it's a volatile market and opinions vary. Let's keep an eye on the trends as they evolve
Real-time can be a stretch in crypto given rapid fluctuations, but the aggregators update every few seconds so it's as close as we can get to true real-time data in this volatile market
My personal opinion is that Pinterest is in buy territory. While the company has solid prospects for continuing its run of record revenue, Active Users, and cash flow, the stock has been battered by macro fears.
The stock closed at $27.34 yesterday, and a $30.50 target price would be a good choice. Even if the balance sheet is bad, I still don't think you will lose money by holding it in the medium term,
Streamlining is often a go-to for cost savings, but a 100% cut may risk disrupting critical functions. A more measured approach with smart reforms might be a better path forward to maintain essential services
#moviesonleo #cinema #review Tragic scandal that changed European history is given an old school, but effective, treatment in a romantic epic. (link in reply)
A review of recent news reveals that Berkshire Hathaway has sold off stocks for ten straight quarters, reducing or ending positions in companies such as Apple, Bank of America, and Chevron, while completely abandoning investments in HP and
Paramount Global. During the 2025 annual shareholder meeting, it was explained that the firm is patiently awaiting “extraordinarily attractive” opportunities, choosing to hold cash rather than overpay in a heated market.
Consequently, the equity portfolio has become more concentrated, retaining key long-term holdings including Apple (its largest holding), Coca-Cola, American Express, and Occidental Petroleum.
Simultaneously, the firm's cash reserves have surged to an unprecedented $348 billion—an amount comparable to the total held by all U.S. commercial banks at the Federal Reserve.
Additionally, it was announced that the current CEO will step down by the close of 2025. Under his guidance, Berkshire Hathaway achieved a staggering return of 5,502,284% since 1965, dwarfing the S&P 500's 39,054% gain over the same period.
Dreams are the result of brain activity that occurs during sleep. The neurons in the brain that process visual information are active even when we are asleep. It is possible that these neurons create images and colors.
1/🧵 School's Out: The Case For A Homework-Free Life
Closing from school and going home with the thought that teacher forgot or decided to not give homework that Friday for the weekend, was always a joy for me. #outreach #threadstorm #hivelearners
One thing is clear, students who go home and have a homework-free life especially during the weekends, tend to be more lazy with their studies than those who have homeworks.
Logic relies on the assumption that the other party is sufficiently astute, clear-minded, and ethically sound to appreciate nuance and truth. Once it becomes clear that this is not the case, rational discussion loses its value.
When pure reason fails, tactics rooted in persuasion and strategic manipulation come into play to secure agreement where genuine understanding is lacking. And if that proves ineffective, the options are either to withdraw or resort to force.
Balancing both is key—liquidity powers the engine, but community fuels the journey. Each plays its part in a thriving ecosystem without undervaluing the other
🧵/1 What if children stopped getting homework? Once school ends, they take nothing academic home, no books, no assignments, just rest. Would that be better or worse? Is homework still helping kids learn, or just causing stress?
#outreach #threadstorm #homework
🧵/2 Honestly, I think homework still has value especially when it's linked to what was taught in class. In my house, homework keeps my niece calm, focused, and away from her noisy tab. It brings peace, structure, and bedtime discipline we can’t trade for chaos.
🧵/3 Homework helps kids revise, stay disciplined, and remain mentally engaged after school. It shouldn’t be too hard or off-topic just consistent, simple practice from the classroom. Read more by clicking the link below
The judge dismissed nearly all of the claims against the "Celebrity Defendants," which include sports stars and others. The court also cleared the "YouTuber Defendants," including influencers who allegedly marketed FTX through social media, of most claims.
The ruling comes after a protracted legal battle in which plaintiffs alleged that the celebrities and influencers were liable for promoting unregistered securities and engaging in deceptive practices.
Earlier this year Nintendo slashed its forecast for sales of the Switch to 11 million units for the year ended Mar. 31. Nintendo on Thursday said it sold 10.8 million units of the Switch in the year, just shy of its own forecast and down 31% year-on-year.
Market research firm Omdia expects Nintendo to sell 14.7 million Switch 2 units in 2025 alone, which would be about 10% ahead of the original Switch's debut year.
"Switch 2 will launch into a stronger position than its predecessor, with over 100 million active Switch users providing a strong foundation for adoption," George Jijiashvili, Omdia's senior principal analyst, told CNBC by email.
Investors are now focused on how the successor to the console, the Switch 2, will perform following its launch. The Switch 2 will start at $449.99 in the U.S. and has improved features compared with its predecessor.
As well as the 15 million unit sales forecast for the fiscal year ending March 2026, Nintendo said it expects to sell 45 million units of software during the same period.
Games are important for the success of any console and Nintendo said the Switch 2 will launch with two titles — "Mario Kart World" and "Nintendo Switch 2 Welcome Tour." There will also be Switch 2 versions of existing games such as "Zelda: Breath of the Wild." Nintendo is leaning on its popular characters such as Mario and Zelda to boost the appeal of the Switch 2.
"This forces Apple to compete," Epic Games CEO Tim Sweeney said shortly after last month's decision. "This is what we wanted all along."
Apple said in the filing that "non-party developers are already seizing upon the Order to reduce consumer choice (and damage Apple's business) by, among other things, impeding the use of" in-app purchases.
Rogers made a criminal referral in the case, saying that Apple misled the court and that a company vice president "outright lied" about when and why Apple decided to charge 27% for external payments. The real decision, the judge said, took place in meetings involving Apple CEO Tim Cook.
Jack Mallers, who rose to fame by launching the Strike payments app, has secured billions of dollars for his bitcoin-holding venture Twenty One, which is backed by SoftBank and Tether.
"What we really pride ourselves on is being blue-chip credibility with startup upside," Mallers told CNBC's Crypto World this week. "We feel like we're big enough to win entering the market with billions of dollars of capital upon launch, but we're small enough to grow and we're small enough to post bitcoin-denominated returns in what's becoming a really competitive capital markets appetite for bitcoin exposure."
The advertising tech company will also obtain a roughly 20% ownership stake in Tripledot Studios, which makes mobile games like Sudoko Friends, Puzzletime and Solitaire Classic. The deal is expected to close in the second quarter of 2025.
AppLovin said it expects second-quarter sales in the range of $1.2 billion to $1.22 billion, trailing analyst expectations of $1.38 billion.
The company reported first-quarter net income of $576 million, or $1.67 per share, up from $234 million, or 67 cents per share, in the same quarter of 2024.
AppLovin's total costs and expenses for the first quarter came in at $820.55 million, representing a 14% increase from the previous year during the same quarter.
But the lawsuit also threatens to ensnare Apple. Google pays the iPhone maker billions of dollars per year — as much as $20 billion per year back in 2022, according to testimony in the trial — to be the default search engine on iPhones. It's lucrative for Apple and a valuable way for Google to get more search volume and users. Apple shares fell 2% during trading Wednesday.
Cue's comments cast doubt on the long-term stability of the relationship. Cue said he believes Google should remain the default search option on Safari, saying he has lost sleep over the possibility of losing the revenue share from the two companies' agreement, according to the report.
The Apple executive said searches on Safari declined for the first time in April, which Cue attributed to the rise in people using AI, according to the report.
A solar-driven water cycle
In a bid to address the global challenge of access to safe drinking water, the team, including scientists from five Chinese research institutions, drew inspiration from the natural porosity of wood, enhancing it with smart materials to engineer a device that captures water more efficiently than most existing technologies, all powered solely by sunlight.
“Our team has invented a device comprising wood’s spongy scaffolding, lithium chloride, iron oxide nanoparticles, a carbon nanotube layer and other specialised features,” Hao emphasized, adding that they also used AI to optimize the material’s performance under varying environmental conditions.
Affordable, biodegradable, and scalable
Hao stressed that the device, despite being small, could be ideal for emergency situations, such as natural disasters that disrupt water supplies, provided the team can scale up and optimize the modular design.
“The current demonstration unit size is 15 cubic millimeters,” Hao said. “It would be very easy to prepare a larger unit, or we can use the units to form an array.”
According to Hou, the device continued to function after being stored at – 4 degrees Fahrenheit for 20 days, demonstrating freeze resistance, and maintained stable performance over repeated use with minimal efficiency loss.
The acquisition positions Coinbase as an international leader in crypto derivatives by open interest and options volume, Greg Tusar, vice president of institutional product, said in a blog post – which could allow it take on big players like Binance. Coinbase operates the largest marketplace for buying and selling cryptocurrencies within the U.S., but has a smaller share of the global crypto market, where activity largely takes place on Binance.
Deribit facilitated more than $1 trillion in trading volume last year and has about $30 billion of current open interest on the platform.
The End of AI Experimentation: A Paradigm Shift in Enterprise Mindset
In recent discussions about artificial intelligence (AI), there has been a notable shift in perspectives, particularly within enterprises. The era of experimental AI—once defined by cautious exploration and small-scale pilots—is now being replaced by a more assertive approach that emphasizes operationalization and strategic integration. This article explores the latest trends, corporate initiatives, and leaders’ insights that reveal this transformation in how businesses perceive and implement AI technologies.
Transitioning from Experimentation to Operationalization
At the core of this evolving narrative is a powerful assertion made by Arman Ruiz, IBM’s VP of product for AI platforms: “The era of AI experimentation is over. It's time to operationalize AI agents in the enterprise.” This statement, highlighted during IBM's Think 2025 conference, captures the essence of a broader sentiment echoed across various sectors. Businesses are moving beyond pilot projects and isolated experiments to adapt their structures fundamentally to incorporate AI into their operations.
IBM's recent developments, including pre-built AI agents for various business functions such as HR, sales, and procurement, signify a commitment to this transition. The company aims to leverage these AI solutions to enable operational efficiency while simultaneously addressing governance and observability challenges. Notably, IBM is directly applying these AI enhancements within its workforce, showcasing a practical example of how AI integration can create opportunities rather than merely cut costs.
CEO Arvind Krishna revealed that the integration of AI has allowed IBM to replace several hundred HR positions, although he emphasized that this move was additive to overall employment. With an increase in total headcount, IBM demonstrates a strategic approach to reallocating resources. Rather than eliminating jobs, the intention is to reinvest and elevate the workforce into areas requiring critical thinking and human interaction, thus redefining roles instead of simply reducing them.
This perspective aligns with a recurring theme in the AI conversation: while the technology may pose challenges to specific job roles, it also provides avenues for growth and upskilling. Organizations face a choice: adapt to the changes brought on by AI or wrestle with the consequences of stagnation.
Supporting this new mentality, recent data from the KPMG Q1 AI Pulse Survey indicates that more than three-quarters of organizations with over a billion dollars in revenue are actively deploying AI agents, with an additional 25% in exploratory phases. The increase in daily use of productivity tools—rising from 22% to 58%—reveals a growing acceptance among individual employees as they increasingly integrate AI into their workflows.
Furthermore, substantive growth in AI deployment metrics—including call centers, customer-facing agents, and administrative tools—shows a dramatic increase from previous quarters. This rise signifies a movement toward embracing AI as an essential component of operational strategies rather than viewing it as an experimental endeavor.
With the advancements in AI capabilities, perceptions regarding job security are also evolving. Companies are recognizing that AI's influence reaches every corner of the workforce, necessitating profound changes in how professionals approach their roles. The CEO of Fiverr, Mika Kaufman, articulated this shift bluntly, stating that "AI is coming for your jobs," highlighting the urgency for individuals to adapt and master their respective skills.
Kaufman’s sentiments reflect a broader acknowledgment that as tasks traditionally deemed simple become automated, the demand for specialized skills will intensify. The call to action is clear: professionals must evolve to remain competitive in a rapidly changing landscape.
The silver lining in this widespread change is the opportunity for proactive transformation. While organizations cannot control the pace at which AI technology develops, they hold the reins over how they respond to these changes. Companies can design their paths forward, deciding how to reinvest capital saved from efficiency gains and how to foster an upskilled workforce prepared for the AI-driven future.
This proactive approach is crucial in ensuring that the integration of AI leads to positive organizational growth rather than reinforcing fears of job displacement. Embracing this evolution will require mindful and strategic decisions that prioritize investment in education, retraining, and realignment of roles within the workforce.
In conclusion, the shift away from viewing AI as merely an experimental technology is more than just a transformation in language; it signifies a foundational change in enterprise mindset. Organizations must recognize that the real challenge lies in adapting to the operational capabilities offered by AI rather than fearing its implications. While the concerns surrounding job displacement are valid, the emphasis should shift toward harnessing AI to create a more empowered and skilled workforce.
As we stand at the precipice of this new era, it’s clear that the message is shifting from caution to action—prompting enterprises and individuals alike to take charge of the future. The time for experimentation has indeed passed; now is the moment for decisive action and proactive adaptation to a profoundly altered landscape.
A Florida judge ruled that the investors failed to prove the celebrities knew about FTX and CEO Sam Bankman-Fried’s misconduct when endorsing the platform.
A Florida federal judge has dismissed most of the claims against high-profile celebrities and YouTubers who promoted the now-defunct cryptocurrency exchange FTX, including stars like Tom Brady, Gisele Bündchen, Kevin O'Leary, and Stephen Curry.
The ruling narrows the scope of a sprawling multidistrict litigation accusing them of using their fame to market a fraudulent platform.
The lawsuit stemmed from FTX's catastrophic collapse in November 2022, which wiped out billions of dollars in customer funds and triggered investigations worldwide. The plaintiffs accused the stars of being paid millions of dollars to endorse FTX without disclosing their financial incentives, a violation of federal and state advertising laws.
In an order filed Wednesday, U.S. District Judge K. Michael Moore ruled that the plaintiffs, a group of FTX investors, failed to demonstrate that the celebrities had sufficient knowledge of FTX and CEO Sam Bankman-Fried's misconduct to be held liable for promoting the exchange.
Nintendo said it expects to sell 15 million units of its new Switch 2 console in the fiscal year ending March 2026.
Nintendo said Thursday that it expects to sell 15 million units of its new Switch 2 console in the fiscal year ending March 2026.
It is the first forecast for sales from the Japanese gaming giant since it announced the successor to its successful Switch device, which is due to go on sale in June.
Nintendo also reported results for its fiscal fourth quarter and full year. Here's how Nintendo did in its fiscal fourth quarter ended Mar. 31 versus LSEG estimates:
Revenue: 208.7 billion Japanese yen ($1.45 billion), compared with 216.16 billion yen expected.
Net profit: 41.6 billion yen, versus 33.91 billion yen expected.
Revenue fell 24.7% in the fourth quarter compared to the same period a year earlier, while profit plunged nearly 50%. This was largely expected as Nintendo fans await the Switch 2 and hold off on buying the current console.
Apple wants a court to pause a decision in its case against Epic Games, and allow it to charge commission on in-app transactions that link out for payment.
Apple is asking a court to pause a recent decision in its case against Epic Games and allow the iPhone maker to once again charge a commission on in-app transactions that link out for payment.
Last month, U.S. District Judge Yvonne Gonzalez Rogers in Oakland found that Apple had violated her original court order from the Epic trial, originally decided in 2021, that forced Apple to make limited changes to its linking out policy under California law.
Judge Rogers' new ruling is more expansive, ordering Apple to immediately stop imposing its commissions on purchases made for iPhone apps through web links inside its apps, among other changes.
Apple is now looking to get a stay on that order, as well as another one from the case that prevents it from restricting app developers from choosing the language or placement of those links, until the entire decision can be appealed. Apple says that required changes in their current form will cost the company "substantial sums."
"This is the latest chapter in Epic's largely unsuccessful effort to use competition law to change how Apple runs the App Store," Apple said in the emergency motion for a stay. The motion cites a previous order in the case that found that new linking policies would cost Apple "hundreds of millions to billions" of dollars annually.
David Bailey, CEO of BTC Inc. and a Trump crypto advisor, has raised $300 million to launch a publicly traded bitcoin investment company.
David Bailey, CEO of media group BTC Inc., and a key crypto advisor to President Donald Trump, has raised $300 million to launch a publicly traded bitcoin investment company, CNBC has confirmed.
The deal, which has been in the works since January, consists of $200 million in equity funding and $100 million in convertible debt, according to a person familiar with the matter who asked not to be named because the fundraise hasn't been announced. The Information was first to cover the story.
Bailey's company is named Nakamoto, a tribute to the pseudonymous bitcoin creator Satoshi Nakamoto. It will focus on acquiring and holding bitcoin and is set to merge with an existing Nasdaq-listed company in a transaction that's expected to be announced early next week, the person said. The company's public listing is expected this summer.
Nakamoto plans to buy companies around the world, including in Brazil, Thailand and South Africa, and invest its bitcoin into them, the source said. The venture is backed by a roster of well-known investors, with an advisory board that includes prominent figures, the person said.
Arm beat on earnings and revenue but issued a disappointing forecast in its quarterly report on Wednesday.
Arm shares dropped more than 8% in extended trading on Wednesday after the chip-design company issued weaker-than-expected guidance for the current quarter.
Here's how the company did in the fiscal fourth quarter compared with LSEG consensus:
Earnings per share: 55 cents, adjusted vs. 52 cents expected
Revenue: $1.24 billion vs. $1.23 billion
While Arm topped estimates for the quarter ended March 31, Wall Street is looking ahead to the company's forecast for the first quarter.
Arm said revenue will be between $1 billion and $1.1 billion. The middle of the range is below the $1.1 billion average analysts estimated, according to LSEG. Earnings per share will be between 30 cents and 38 cents, while analysts were expecting 42 cents.
SoftBank controls about 90% of Arm, and took the company public in 2023. It now has a market cap of over $130 billion as of Wednesday's close.
Arm designs the fundamental architecture upon which many chips are built, and sells licenses for its designs to companies such as Qualcomm and Nvidia, charging royalty fees on each sale they make. The company claims 99% of premium smartphones are powered by Arm technology.
Eddy Cue, Apple's services chief, said he believes AI services will eventually replace standard search engines such as Google, according to a report Wednesday.
Alphabet and Apple shares sank Wednesday after Eddy Cue, Apple's services chief, said he believes that AI search engines will eventually replace standard search engines such as Google, according to Bloomberg.
Cue said he expects to add artificial intelligence services from OpenAI, Perplexity and Anthropic as search options in Apple's Safari browser in the future, according to the report.
The Apple executive was testifying in a federal court in Washington as part of the Justice Department's lawsuit against Alphabet. Last year, a U.S. District Court judge ruled that Google had illegally dominated advertising technology markets, and now the judge is looking to determine what penalties or actions should be taken against the search company.
One major focus on the case is Google's practice of paying platform providers such as Apple to become the default search engine on their platform.
The lawsuit and any potential remedies threaten Google's lucrative advertising business, and Alphabet shares sank more than 7% on Wednesday.
The device functioned reliably across humidity levels of 30 to 90 percent and temperatures between 41 and 131 degrees Fahrenheit.
Researchers from Australia and China have designed a smart spongy device capable of capturing water from thin air and releasing it in a cup using the sun’s energy, with impressive performance even in dry climates where most other systems fail.
The innovative water-from-air device uses a sponge-like material made from modified balsa wood – the lightest and softest commercial hardwood timber – enhanced with salts, nanoparticles, and a carbon nanotube layer.
Derek Hao, PhD, a materials scientists and environmental engineer at Australia’s RMIT University, and one of the study’s co-authors, revealed that the material absorbs moisture from the atmosphere, and using solar energy, releases the collected water directly into a cup.
The device achieved an impressive water collection efficiency of up to 94 percent in outdoor testing. It additionally remained effective across a broad range of environmental conditions, including humidity levels ranging from 30 to 90 percent, and temperatures between 41 and 131 degrees Fahrenheit.
This, according to the senior researcher, further highlights its potential for use in off-grid and disaster-stricken areas.
What is the most interesting thing you managed to do/create with AI? I'm hearing that people are using it for coding games and apps but it sucked every time I tried to use it for coding
There is a skill required to getting these things to work as one wants. To start, there is a difference between models, with some excelling in areas where others lack. Secondly, prompting is an art, to get the model to operate properly.
True, you mentioned the two main factors that influence the results we get from AI tools.
The model and the prompt.
I took some months to study prompting, although I'm not a master yet, but I can currently engineer it to produce almost human quality responses which requires minimal human editing to be perfect
Feliz jueves comunidad, que sea un gran día para todos, que logren cumplir con cada una de sus actividades planificadas para el día hoy, además en este mundo se tiene que aprovechar cualquiera oportunidad que se presente. Éxitos.
For years, growing an audience on professional networks has been a grind: posting daily, engaging with established profiles, and hoping someone notices, yet many creators still struggle with consistency, engagement, and breaking through the
This system discards outdated growth tactics and insincere engagement pods, instead offering a natural, strategic approach centered on genuine interaction—not bots or generic comments.
Traditional engagement pods often create artificial conversations. This new platform fosters authentic visibility by connecting creators who truly support each other's work.
It matches users with high-quality peers, automating meaningful interactions that help an audience grow organically—faster, safer, and more intelligently than ever before.
Built on the belief that audience growth should feel natural and that great content deserves real exposure, the platform is the result of relentless work and is already receiving fantastic early support.
Market Update: Turbulent Times for Global Economies
Happy Thursday! In today’s episode of Market Update, we delve into significant financial and economic developments from Asia, Europe, and North America. I’m your host, Tony, currently reporting from Tokyo after my vacation in Bali. Let’s dive into the critical updates shaping our economic landscape.
A sudden military flare-up between India and Pakistan, two nuclear-armed nations, is raising alarms across global markets. The recent tensions were ignited by a militant attack in Indian-administered Kashmir on April 22, which claimed 26 civilian lives. India quickly accused Pakistan of harboring the attackers, resulting in unprecedented air strikes targeting what India termed “terror camps” within Pakistani territory. Pakistan retaliated by claiming the downing of five Indian military jets and asserted that its military was authorized to react at a time of its choosing.
Though both nations have yet to engage in full-scale war, the rising hostility poses significant economic risks. Investment in South Asia is already constrained by inflation, slow growth, and fragile geopolitical dynamics. Pakistan is particularly vulnerable, relying heavily on International Monetary Fund (IMF) support while grappling with dwindling foreign exchange reserves. “Two nuclear-armed nations simply no one can afford to go in a direction where escalation takes us into uncharted territory,” stated Pakistan’s finance minister.
For India, perceived as the world’s fastest-growing major economy, conflict complicates its ambitions of becoming a global manufacturing hub. The ongoing hostilities threaten political stability, further deterring foreign investments essential for post-pandemic recovery.
The international response has remained cautious. U.S. President Donald Trump expressed hopes for a quick resolution, but limited U.S. leverage suggests that diplomatic mediation may be challenging. A prolonged conflict could disrupt trade routes, exacerbate regional instability, and derail broader economic goals in South Asia.
The stakes are high, with both nations holding an estimated 160-170 nuclear warheads. Any miscalculation could escalate into a catastrophic nuclear confrontation, posing severe economic repercussions not just in South Asia but worldwide.
Federal Reserve's Cautious Stance
Turning our attention to the United States, Federal Reserve Chair Jerome Powell announced that the central bank is in no hurry to adjust interest rates amidst the uncertain economic environment shaped by President Trump’s tariff policies. The Fed has maintained its benchmark federal funds rate in a range of 4.25% to 4.5%, unchanged since December of last year.
During a recent Federal Open Market Committee meeting, Powell cited rising uncertainties affecting the U.S. economic outlook, warning that sustained tariffs could drive inflation higher, slow economic growth, and lead to increased unemployment. While some expect the inflationary effects to be temporary, others argue it may have more persistent consequences.
Despite pressing from President Trump to ease borrowing costs, Powell’s reluctance reflects a belief in the current approach's flexibility. Economic indicators have shown mixed results, with a contraction earlier this year followed by strong consumer spending in March and job creation exceeding expectations in April.
However, concerns about a recession loom as many firms pause investment decisions due to policy uncertainty. The outlook remains clouded, with markets now bracing for volatility as the tariffs seem set to persist.
UK and India’s Historic Trade Agreement
In Europe, the UK and India announced a landmark free trade agreement aimed at fostering economic cooperation amidst increasing global protectionism. This deal, touted as the UK’s first significant trade pact since leaving the European Union, aims to slash tariffs on various goods, significantly impacting cosmetics, automobiles, and alcoholic beverages.
While UK Prime Minister Rishi Sunak and Indian Prime Minister Narendra Modi herald the agreement as a strategic response to global trade upheaval, the economic ramifications are deemed modest. Although tariffs on certain UK goods are set to decrease, the expected long-term boost to GDP is estimated to be marginal.
Both countries intend to enhance their trading relationship, currently valued at £42 billion ($57 billion). However, critiques arise concerning potential inequities, such as exemptions from national insurance for Indian workers, causing some political backlash in the UK.
Moreover, as the UK seeks further trade agreements, including one with the U.S., it faces minimal leverage in negotiations, particularly concerning American goods that constitute a small fraction of total exports.
Conclusion
In conclusion, the global economic outlook remains precarious, fueled by geopolitical tensions, fluctuating trade dynamics, and evolving monetary policies. As we continue to navigate these turbulent times, staying informed will be crucial.
Thank you for tuning into today’s Market Update. Be sure to subscribe for timely analysis of these monumental developments and more to come. Have a great Thursday; see you soon for the next episode!
Investors are also focused on Nintendo's forecast for the fiscal year. The company expects net sales of 1.9 trillion yen, a 63% year-on-year rise but just short of LSEG estimates of 2 trillion yen. It expects net profit to jump 7.6% to 300 billion yen, below LSEG estimates of 388.8 billion yen.
However, Nintendo noted that all of its forecasts are based on U.S. tariff rates effective Apr. 10 — following a pause in U.S. President Donald Trump's reciprocal tariffs for many countries.
Nintendo in April delayed pre-orders for the Switch 2 in the U.S. after the initial announcement of Trump's sweeping tariffs on countries around the world. Nintendo's consoles are manufactured in Vietnam, which faces duties of 46% once the pause lifts.
New York Sports Take Center Stage: Knicks' Triumph Over Celtics
The night was electric in New York City as New Yorkers celebrated a monumental victory in sports, particularly focused on their beloved Knicks. The excitement surrounding the Knicks’ playoff run has reached a fever pitch, bringing back vibrant memories of historic games and reviving the spirit of basketball fans who have endured a long wait for moments like these.
The Knicks achieved a remarkable feat, coming back from a 20-point deficit to secure a game two victory against the Boston Celtics. This wasn’t merely a win; it was a testament to their resilience, a demonstration of grit and determination that epitomizes New York’s sports culture. With former star Julius Randle sidelined, it was up to Jalen Brunson, Muel Bridges, and the rest of the team to carry the mantle. Their phenomenal performance not only tied the series but placed them halfway to an elusive Eastern Conference Finals spot, something the franchise hasn't seen in over two decades.
Fans across the city exhibited their unwavering support during the game, creating a communal atmosphere filled with energy and hope. The broadcast captured glimpses of fans in Yankee Stadium, where enthusiastic Knicks supporters could be seen cheering and rallying behind their team while other games unfolded. Even amidst the Yankees’ struggles against the Padres, the Knicks’ storyline captivated the audience. In that moment, it became clear—New York is indeed a city that loves its basketball.
The Celtics, defending champions, seemed shaken during this encounter. Their failure to adapt, highlighted by missed opportunities, painted a picture of panic and confusion. After being touted as formidable contenders, Boston managed to miss an unusual number of shots, including a staggering 75 missed three-pointers across the two games. The contrast in performance illustrated a shift in momentum and psychological edges, showcasing the tenacity of the Knicks as they capitalize on Boston's struggles.
Fans were buzzing about the shift in energy following the Knicks' victory. As the series heads to Madison Square Garden for game three, the expectation is that the home court will reverberate with the passionate cheers of Knicks fans. Many callers expressed their optimism, citing the importance of belief and the camaraderie that sports create among diverse groups of people. The Knicks’ ability to claw back against the Celtics has created hope—a feeling that has been absent for many years.
As anticipation builds for the next game, the relevance of belief cannot be understated. Fans are optimistic that the Knicks can continue their path to success, morphing from underdogs to real contenders in the ongoing playoffs. The atmosphere in Madison Square Garden is expected to be nothing short of electrifying as fans hope to witness their team stand strong on home turf.
The Knicks' latest victory serves as a defining moment in their season, encapsulating the spirit of New York sports—a city that thrives on resilience and passion. As the series progresses, the dialogue around the Knicks, their performance, and the enthusiastic support will only continue to swell, encapsulating a remarkable chapter in New York sports history. There’s hope, excitement, and a shared belief that perhaps this could be the year the Knicks make a deep playoff run, enriching the city’s fervent sports legacy.
Nintendo's President Shuntaro Furukawa said on Thursday that if additional tariffs are imposed and prices of its goods need to be adjusted, demand in the U.S. may decrease, Reuters reported. Duties could hit profit to the tune of tens of billions of yen, Furukawa added, according to the report.
Serkan Toto, CEO of Tokyo-based games consultancy Kantan Games, said Nintendo's forecasts are typically conservative.
"Nintendo loves lowballing their forecasts, and the current climate around tariffs gives them all the reason to be more cautious than ever," Toto told CNBC.
MicroStrategy, a software company turned Bitcoin accumulation powerhouse, recently concluded its Q1 earnings call, capturing the attention of over 150,000 live viewers. With its stock skyrocketing nearly 250% over the past year, the company has become synonymous with ambitious Bitcoin investment strategies. However, not all stakeholders are celebrating, as the firm announced a major overhaul of its capital plan, doubling its target from $42 billion to $84 billion. This move has raised concerns regarding share dilution and the sustainability of MicroStrategy's aggressive Bitcoin-buying tactics.
MicroStrategy boasts an impressive Bitcoin portfolio, with over 553,000 coins and a year-to-date yield of 13.7% on its Bitcoin holdings. The company's transformation from a software entity to a Bitcoin acquisition machine is evident, indicating a serious commitment to incorporating cryptocurrency into its financial strategy. This bold pivot may position MicroStrategy to capitalize on future Bitcoin surges, but it also brings forth significant questions about shareholder interests amidst the dilutive efforts required to fund its expansive Bitcoin acquisitions.
The company’s decision to significantly elevate its capital plan has sparked mixed reactions among analysts and shareholders alike. The new $84 billion plan aims to increase the amount of Bitcoin held in the treasury but has also raised alarms about increased share dilution. Critics argue that the strategy could overreach the firm’s original vision and undermine shareholder value.
Key takeaways from the earnings call included a new $21 billion at-the-market common stock offering, an increase in this year's yield target to a range of 15% to 25%, and a boosted Bitcoin gain target from $10 billion to $15 billion. Analysts are divided on whether this aggressive move serves the best interests of shareholders or risks destabilizing the company’s long-term prospects.
Twitter has been abuzz with varied opinions on MicroStrategy's strategy, as some shareholders feel that the rapid pace of dilution could adversely affect their investments. One user expressed frustration over CEO Michael Saylor's inclination to issue common stock instead of preferred stock that would incur higher interest. Interestingly, despite the concerns, others remain positive about the potential of accumulating more Bitcoin per share, highlighting the complexity and divergent opinions on MicroStrategy’s strategic direction.
Among the analysts, opinions vary widely. One prominent voice expressed optimism about the recent earnings call, countering negativity regarding the dilution concerns. Emphasizing the rationale behind an equity-heavy approach, this analyst argued that increasing shareholder dilution is a price worth paying for solid Bitcoin accumulation—especially if the premium over net asset value (NAV) remains favorable.
Conversely, other analysts call attention to the inherent risks of over-leverage, particularly if the market were to enter a prolonged downturn affecting Bitcoin prices. They caution that high levels of debt could subject the company to liquidity challenges, a scenario that would require careful navigation to avoid potentially catastrophic consequences.
The cryptocurrency space is becoming increasingly competitive with new entrants like Jack Dorsey’s entity potentially reshaping the landscape. Despite the growing competition, MicroStrategy is differentiated by its size and market presence as it continues to accumulate Bitcoin aggressively. Some analysts posit that MicroStrategy’s established position may provide benefits, such as increased market liquidity, compared to new competitors attempting to carve out market share.
As MicroStrategy pushes forward with a robust Bitcoin acquisition strategy backed by a substantial capital plan, the question remains: is this trajectory sustainable or indicative of overreach? While the firm’s aggressive stance on Bitcoin could yield substantial long-term benefits, the concerns surrounding share dilution and market volatility cannot be underestimated.
Investors and analysts alike will be keenly monitoring how MicroStrategy’s actions unfold in the coming quarters, particularly as the cryptocurrency market ebbs and flows with regulatory and market pressures. The boldness of the company’s moves reflects its deep conviction in Bitcoin, but as the saying goes, "with great power comes great responsibility," and the balance between ambition and caution will be crucial in defining MicroStrategy's future.
The heated competition between Tesla and Whemo over the future of robo taxis is set to intensify this June when both companies launch their services in Austin, Texas. As these giants roll out their autonomous vehicles, the ongoing debate regarding the viability and efficiency of their respective technologies is becoming increasingly fervent.
A Showdown in Austin
Tesla will introduce its robo taxi service utilizing the Model Y, while Whemo has partnered with Uber to broadening its reach within the area. The atmosphere in Austin promises to be a testing ground for both services with a head-to-head comparison, potentially setting the stage for a larger battle across the United States.
A critical aspect of consumer choice may hinge on the appearance and perceived safety of the vehicles. The Whemo robo taxi features an unconventional design that some argue may look less appealing to customers. In contrast, Tesla's Model Y has a more familiar aesthetic, which could inspire greater consumer confidence. This initial impression may significantly influence customer decisions regarding which service to choose as they enter these new autonomous experiences.
Elon Musk didn’t hold back during recent discussions, asserting that Whemo’s service is significantly more expensive and highlighting Tesla's advantages in both cost and scale. He criticized Whemo for never having sold a robo taxi ride to the public, a claim that provoked a strong rebuttal from Whemo's CEO, John Craftkick. Craftkick asserted that Whemo provides robust safety features and an efficient operational design, stressing their focus on quantifiable safety benefits despite the costs.
One of the most significant discussions emerging from their exchanges relates to scalability. While Tesla boasts the ability to manufacture vehicles en masse, Whemo appears to struggle with the sizable investment required to expand its fleet significantly. With less than 300 cars currently on the road in Austin, concerns arise as to whether Whemo can provide the consistent service necessary to meet consumer demand without relying heavily on Uber’s existing network.
The competitive dynamics between Tesla and Whemo can draw parallels to historical battles in tech. The defensive stance from Whemo's management echoes sentiments once expressed by Blockbuster executives regarding Netflix. Just like Blockbuster underestimated the potential threat from Netflix, Whemo might overlook Tesla's rapidly advancing technology and their capacity for disruption within the autonomous vehicle market.
Confidence in AI's Future
A compelling argument is made regarding the evolution of artificial intelligence in relation to autonomous vehicles. Notably, if Tesla can replicate the progression of AI successes in other fields, as seen with advances in language models, they may be poised to significantly enhance their robo taxi operations in a short timeframe.
Financial logistics present a daunting hurdle for Whemo. With estimates around $180,000 per vehicle, scaling up would require substantial upfront investment that may not align with the speed at which they need to expand their fleet. Meanwhile, Tesla, with its production capabilities, could potentially offer services in Austin at a fraction of the cost, leveraging economies of scale that Whemo cannot match.
The ongoing competition will not be solely defined by who has the best technology but will also hinge on execution, market presence, and consumer perception. Should Tesla manage to effectively launch its robo taxi service and address any initial kinks in the system, it could gain a significant market advantage over Whemo, which currently appears to struggle to keep pace in a rapidly evolving landscape.
As the launch dates of both services approach, stakeholders and consumers alike are eager to see which company will truly represent the future of autonomous public transport. The stakes are high and the outcome of this battle could set a precedent not just for the companies involved but also for the future of transportation on a national and global scale. The forthcoming months will be crucial in determining whether Tesla or Whemo emerges as the dominant player in the robo taxi revolution.
Tesla's Robotic Vision: The Alicorn Robo Taxi and Beyond
In a world increasingly dominated by technology and automation, Tesla is at the forefront of an innovative transformation in the transportation sector. Following the latest app updates, it has been revealed that Tesla's much-anticipated robo taxi initiative carries the code name Alicorn — a mythical creature that intricately combines attributes of both a unicorn and a Pegasus. This choice of nomenclature appears to serve as a playful comeback to skeptics who doubted the feasibility of Tesla's autonomous ride-hailing ambitions from the get-go.
As Tesla moves closer to realizing the vision of autonomous transportation, new capabilities are emerging within the app's code. Among these features are functionalities related to pickup confirmations, real-time ETA displays, and trip management, which may help facilitate a seamless user experience. The early implementation may initially focus on Tesla-owned Model Y robo taxis, easing the public into accepting this modern mode of transport.
While early reports have indicated a willingness for regular Tesla owners to potentially monetize their vehicles as robo taxis, expectations remain tempered. Many believe that the initial launch will be exclusive to a fleet controlled by Tesla itself, ensuring operational safety and reliability.
Tesla's advancements don't stop at autonomous vehicles. A new pilot program is being introduced to refine Supercharger pricing, transitioning from estimated pricing to a real-time basis based on charger utilization. This innovative pricing model, set to roll out across ten Supercharger locations, seeks not only to keep charging costs competitive but also to alleviate growing concerns surrounding the affordability of Tesla's charging services. Evidence shows that, particularly in Europe and North America, Tesla chargers are already about 30% cheaper than other fast-charging alternatives, which positions the brand favorably as competition intensifies in the EV market.
Additionally, the company has responded to rising customer dissatisfaction regarding the rising costs associated with Supercharging, showcasing its commitment to being fair and transparent regarding its pricing strategy. However, the pilot project will likely expand only with positive customer feedback accompanying its success.
The anticipation surrounding the Cybertruck has been tempered by Tesla’s recent decision to cancel the range extender feature. This cancellation, communicated to deposit holders through emails, marks a significant disappointment for ardent supporters eager for a longer-range variant. Many are left yearning for fulfillment of the promise of added range, especially for utility tasks such as towing. Although speculation runs rife about a future long-range Cybertruck, the current lack of communication from Tesla remains a concern.
On the intellectual property front, Tesla is facing challenges in trademarking the term "robo taxi," which the U.S. Patent and Trademark Office deemed too generic. As Tesla pursues further claims, the road ahead will require strategic navigation through a landscape crowded with competing trademarks. The company's application for Robo Bus has also encountered scrutiny, revealing the difficulty Tesla faces in differentiating its offerings within a rapidly evolving market.
Benchmark's analysis has unearthed substantial mineral potential in Ukraine, highlighting 18 rare earth element deposits valued upwards of $106 billion. However, the ongoing war has severely hindered mining projects, impeding the timely development of these resources. Consequently, Tesla and other industry players eyeing Ukrainian minerals must brace for a prolonged timeline before experiencing benefits from this untapped wealth.
Against this backdrop, an emerging trend has been identified between China and Europe, wherein Chinese manufacturers export plug-in hybrids to circumvent tariffs aimed at fully electric vehicles (BEVs). This strategic maneuver may alter Tesla's competitive landscape in Europe, but the efficacy of rising competition remains to be seen.
Innovation is a hallmark of Tesla's business model, and the latest update boasts new adaptive headlights that enhance driving safety. This feature employs sophisticated technology to adjust headlight intensity based on surrounding traffic, showcasing Tesla's commitment to improving user experiences through technology.
In April, Tesla China recorded a wholesale figure of 58,459 vehicles, reflecting a year-to-date drop of 22.4% compared to the previous year. Given the recent rollout challenges, experts advise caution when interpreting these numbers in the context of ongoing supply chain fluctuations and production limitations.
Meanwhile, Rivian is facing its own challenges, downgrading its delivery forecast due to tariff escalation. The company now anticipates sales of 40,000 to 46,000 vehicles, a reduction from previous estimates. In Q1, Rivian produced 14,600 cars, but is bracing for lower output as it gears up for its upcoming R2 model.
Tesla's relentless pursuit of innovation, combined with growing industry competition and geopolitical challenges, paints a complex picture for EV outlooks moving forward. With an expanding product lineup, smarter charging strategies, and an eye on intellectual property, Tesla continues to position itself as a leader within the electric and autonomous vehicle sectors. As the landscape shifts and evolves, stakeholders must navigate these intricate dynamics to uncover opportunities for growth and development in the years ahead.
He added that tariffs are creating an "unclear future" for Nintendo, making it "impossible" for any hardware maker to make sales predictions.
"What happens if the tariffs on imports from China stay this high for longer or if they are raised for Vietnam?" Toto said.
"If Nintendo needed to raise prices by $100 or more, all bets would be off and the company would be under enormous pressure in the all important U.S. market."
If Apple succeeds, it will allow the company to roll back changes that have already started to shift the economics of app development. Developers including Amazon and Spotify have been able to update their apps to avoid Apple's commissions and direct customers to their own website for payment.
Prior to the ruling, Amazon's Kindle app told users they could not purchase a book in the iPhone app. After a recent update, the app now shows an orange "Get Book" button that links to Amazon's website.
Epic also plans to introduce new software to allow app and game developers to easily link to their websites to take payments.
Analyzing Newt Gingrich’s Insights on China and U.S. Economic Strategy
In recent discussions surrounding U.S. relations with China, former Speaker of the House Newt Gingrich offered an insightful take on the current challenges facing both nations, focusing particularly on economic pressures and geopolitical tensions.
Gingrich observed that China is grappling with significant stressors. He noted the country's unsustainable policies, particularly the vast number of empty cities constructed under a local government system that profited from continuous construction. This unsustainable economic model has led to a mounting debt crisis, compelling China to confront the necessity of sourcing goods from alternative countries such as Vietnam, India, Mexico, and Brazil.
According to Gingrich, the increasing pressure will force China to reassess its commerce dynamics as it realizes that it is in a precarious position globally, with fewer countries wanting to rely on its supplies. As he articulated, “the economic pressure will get bigger and bigger pretty rapidly.”
Gingrich's criticism did not spare China’s failure to uphold promises made during previous administrations, notably regarding the trade of fentanyl. He highlighted the grim reality of overdose deaths in the United States and attributed a significant portion of this crisis to China’s strategy of flooding the U.S. market with fentanyl. This tactic is perceived as a deliberate action that undermines American lives and health.
The deepening economic issues and aggressive tactics, including threats towards Taiwan and involvement in financing conflicts in the Middle East, underscore a turbulent period in U.S.-China relations. Gingrich expressed hope for accountability, emphasizing the importance of verifying China's adherence to agreements reached in discussions.
Despite the prevailing tensions, Gingrich remarked on the necessity for dialogue. He referenced Winston Churchill's famous saying, “Jaw, jaw, jaw is better than war, war, war,” advocating for continuing talks with China as a means to deescalate the current situation. While acknowledging that previous agreements may be riddled with dishonesty, he emphasized that establishing and monitoring agreements is crucial to ensure compliance on their part.
Domestic Economic Prospects Amid Global Challenges
Turning the conversation towards domestic economic prospects, Gingrich expressed optimism regarding the U.S. economy, predicting favorable outcomes in job growth through forthcoming tariff negotiations with countries such as Japan, Korea, and Vietnam. He mentioned the importance of surrounding China with robust economic partnerships that would limit its influence and ability to dominate trade. Gingrich posited that effective tariffs could provide a significant boost to the American economy, potentially leading to a “Trump boom” by next summer.
In a broader societal context, Gingrich touched on the resurgence of conservative values and religious faith in America. He perceived a cultural shift toward finding purpose and meaning through spirituality, drawing links to the uptick in religious practices, particularly among younger generations. He is hopeful that this revival will create a foundation for societal stability and personal fulfillment, which he attributes to the current leadership restructuring a dialogue around faith and values in public life.
Newt Gingrich's perspectives reveal a nuanced understanding of the intricate web of economic and geopolitical factors at play between the U.S. and China. While recognizing the challenges posed by China’s economic policies and aggressive tactics, he also highlighted the potential for productive dialogue and the importance of maintaining rigorous oversight of agreements. As U.S. domestic policy evolves and cultural values are reassessed, Gingrich expresses a blend of caution and hope for a future rooted in stronger economic foundations and a revived sense of spirituality within American society.
Trade Talk: Senator Bernie Sanders and Senator Tom Cotton Discuss Tariffs and Global Economic Relations
In a recent discussion on "Special Report," Senator Bernie Sanders weighed in on tariffs and trade agreements, expressing his firm stance against unfettered free trade. Sanders articulated that imposing tariffs arbitrarily on every country without specific reasons is nonsensical and detrimental to U.S. consumers. Having resisted past initiatives like NAFTA and permanent normal trade relations, he criticized trade agreements crafted to benefit corporations at the expense of American workers. He advocates for selective tariffs aimed explicitly at protecting American jobs, as opposed to broad tariffs suggested by the Trump administration.
Senator Tom Cotton, an Arkansas Republican and chairman of the Senate Intelligence Committee, joined the conversation to react to President Trump’s announcement regarding a possible substantial trade agreement with the United Kingdom. Cotton described it as a positive step toward more advantageous trade deals with allies like the U.K. He highlighted the past instances where even allied nations have taken advantage of American businesses, making clear that the primary threat to U.S. economic interests remains communist China.
Cotton emphasized that China has been engaging in unfair trade practices for decades, citing state subsidies, market dumping, and the theft of intellectual property. He expressed hope that the ongoing trade discussions would lead to a comprehensive overhaul of the long-standing trade dynamics between the U.S. and China, which have been a focal point of Trump's economic policy for nearly a decade.
As the discussion shifted to upcoming negotiations with China, Secretary of the Treasury’s remarks hinted at the precarious nature of U.S.-China relations. Stressing that both nations have shared interests, the Secretary insisted on the need for fair trade. With China facing significant economic pressures, including interest rate cuts due to economic instability, there is palpable urgency for reform on both sides. Cotton suggested that the talks would not immediately resolve the complex issues but are necessary steps to address grievances, noting ongoing strain within China’s economy and labor markets.
Another pressing topic was the potential nuclear deal with Iran. Senator Cotton reinforced Trump's long-standing position that Iran must never be allowed to develop nuclear weapons. Reflecting on discussions from the Munich Security Conference, he responded to J.D. Vance's comments about possible diplomatic paths to integrate Iran into the global economy. Cotton was firm that a successful agreement must entail the complete dismantlement of Iran’s nuclear program, with no room for enrichment capabilities that could lead to weaponization.
He underscored the urgency to reach a resolution quickly, alluding to the need for a robust deal that prevents Iran from acquiring any nuclear weapons capability. The notion that even low-level uranium enrichment could lead to higher levels of enrichment for weaponization was a significant concern, suggesting that strict limitations must be imposed on Iran's nuclear activities.
The discussions among Senators Sanders and Cotton illuminate the divergent perspectives within U.S. trade policy debates. While Sanders emphasizes protecting American workers through selective tariffs and cautious trade dealings, Cotton advocates for aggressive stances to combat unfair practices and promote America’s economic interests, especially against formidable competitors like China and nations like Iran that threaten global security.
As negotiations unfold, the focus remains on establishing fair trade models that benefit U.S. interests, safeguard national security, and promote equitable relationships with global partners. The pathway ahead will require strategic policymaking, robust diplomatic engagement, and a commitment to uphold American economic standards on the world stage.
Wednesday's filing from Apple doesn't address Rogers' accusations that the company misled the judge, but it does argue that the ruling was punitive. Apple's lawyers also claimed that civil contempt sanctions can only coerce compliance with an existing order, not punish non-compliance.
Apple said earlier this week in a court filing it would appeal the contempt ruling.
"We've complied with the court's order and we're going to appeal," Cook told investors on the company's quarterly earnings call last week.
In recent discussions regarding economic forecasts, a pressing question has arisen: Is a breaking point imminent for the current administration’s economic policies? Michael Burry, known for his predictive prowess, has bet against the market, stirring debates about whether the administration is merely attempting to prolong the inevitable until its term concludes.
During the conversation, the participants explored the concept of a potential market crash and what it could entail. One notable point made was about the phenomenon of a “market crashing up,” drawing parallels to Venezuela's economic experience. The essence of this argument hinges on the trillions of dollars printed and injected into the economy, asserting that this opulence does not benefit everyone equitably.
The proponents of this view suggest that the newly printed money will flow disproportionately to those who already possess wealth, thereby widening the gap between the rich and the poor. They argue for caution in anticipating interest rate reductions, suggesting that a drop might skyrocket housing prices. For instance, the discussion pointed out that a drop in rates might turn a $900,000 house into a $1.4 million property, further solidifying economic divides.
The conversation also brought to light the unsettling fact that many individuals are struggling financially with significant housing costs, indicated by rising rental numbers amidst soaring real estate prices. The consequence of this economic behavior is the displacement of middle-class families, amplifying a sense of economic instability. The participants voiced genuine concern for these individuals, acknowledging that many people struggle to afford even basic housing, reflecting ongoing strikes across the U.S. as workers express their inability to sustain their livelihoods.
Criticism was directed towards the Federal Reserve’s willingness to lower interest rates in a bid to stimulate the economy without recognizing the long-term repercussions. Participants declared that doing so could create a significant imbalance reminiscent of the economic turmoil seen in Venezuela, which has suffered from mismanaged monetary policies.
The conversation outlined an alarming assessment from influential financial executives, such as Jamie Dimon, CEO of JPMorgan Chase, who described the present as potentially one of the most dangerous economic periods witnessed in decades. The participants speculated on the influence of political pressures on Federal Reserve decisions, particularly as the 2024 elections approach. Economic conditions are critical, as voters generally become less tolerant of economic hardship when it begins impacting their quotidian life.
They highlighted that previous high-interest rates could have been a corrective mechanism in a market saturated with irresponsibly low and artificial financial stimuli.
The discussion culminated in strategies for navigating this unpredictable environment, emphasizing the necessity of diversification. Participants advised the audience to hedge against economic uncertainties by investing in different assets, including gold and cryptocurrency like Bitcoin, which is gaining traction and hitting significant value milestones.
As the conversation drew to a close, notable remarks were made regarding the lack of valid forecasting models and the unprecedented challenges posed by the financial landscape created post-COVID-19. The fear expressed was that those unprepared for the forthcoming changes could face drastic financial losses while those who have planned and diversified may thrive.
In a world rife with economic uncertainty, the discussion left audiences with critical insights on the factors threatening the financial stability of the average American. It served as a poignant reminder that the policies set forth by government entities and market dynamics significantly impact individual experiences.
As the economy grapples with the ramifications of aggressive monetary policies, smart investment decisions and a cautious outlook toward interest rates will become paramount in the months ahead. The widening gap between the wealthy and the less affluent is a grim reality if action is not taken to address systemic discrepancies, requiring attention from both policymakers and the public alike.
In uncertain times such as these, stakeholders must remain vigilant and prepared for the ramifications of potential economic shifts while advocating for balanced policies that foster inclusive growth across all economic spectrums.
The Bias in Reporting Tesla's Full Self-Driving Technology
In a rambling exploration of bias in automotive journalism, particularly regarding Tesla's Full Self-Driving (FSD) technology, the speaker expresses a palpable frustration with how CNBS, a news outlet, covers the Tesla narrative. They posit that the considerable advertising budgets of rival automakers create a conflict of interest, leading to negative portrayals of Tesla in media outlets that rely on those funds.
The circumstantial evidence of a critical bias emerges from a recent video titled "Is Tesla FSD finally full self-driving?" which coincidentally aired shortly before Tesla's expected launch of its robo-taxi service in Austin. The speaker quotes numerous comments extracted from the video, revealing viewers’ strong sentiments of discontent towards what they perceive as a misrepresentation or hit piece against Tesla's FSD capabilities. Several comments point towards a sneering tone, labeling a featured lawyer as deceitful, highlighting how the video seems to propagate doubt about FSD's current capabilities.
The speaker dissects viewer reactions, emphasizing a common theme in the comments: accusations of deceit and bias. Users describe the video as a "disgusting hit piece" and argue that it underscores misinformation about FSD, given the software’s continuous improvements. Many viewers express indignation, feeling that the media embodies a narrative aimed at undermining Tesla as it prepares to disrupt the automotive industry with its automated driving solutions.
Through these comments, the speaker suggests a broader question about the limitations of credibility for media outlets like CNBS, especially when significant automotive advertisers are likely funding their operations. This concern is amplified further by the fact that Tesla does not engage in advertising on these networks, raising questions of why such narratives persist.
Debunking Myths and Highlighting Improvements
The article reflects on the actual functionality of Tesla's FSD; it operates under a "supervised" label, requiring human oversight for safety. While acknowledging that FSD technology is far from perfect, the speaker cites improvements over time, arguing that the software's gradual evolution warrants more positive membership in discussions.
The technology has reportedly improved significantly over the years, with Tesla owners emphasizing the extraordinary capabilities it has garnered. Critics seem to latch onto outdated assessments of FSD, failing to recognize how far the software has advanced since earlier versions. As the speaker explains, this improvement in software is akin to the evolution one would observe in a growing child, indicating tremendous potential despite current operational parameters.
Customization in how Tesla's technology is perceived is largely influenced by identified "experts" within the video. The speaker highlights the significant involvement of individuals previously debunked for their negative analyses, implying that expert opinions often serve more profound commercial interests instead of providing an objective viewpoint. This admission leads into a discussion about the media's responsibility to comprehensively and accurately frame discussions surrounding rapid technological advancements.
Critiques of the media's portrayal of FSD extend beyond mere bias; it delves into ethical considerations regarding how audiences understand and react to Tesla's evolving automotive technologies. Further, the speaker mentions potential safety implications stemming from poor understanding of FSD's capabilities by the public—an argument subtlety focused on how critical education on these technologies is, rather than paranoia and criticism.
Safety and the Path Forward for Autonomous Driving
As Tesla moves towards an anticipated launch of its fully autonomous robo-taxis, there is a sense of urgency coupled with skepticism. Many experts, cited later in the video, argue against rolling out autonomous solutions without meticulous regulatory scrutiny and checks and balances that ensure safety.
However, the speaker reflects on Musk's assertiveness, promoting potentially significant societal transformations through increased automation, emphasizing that safety remains a paramount focus. Skeptical experts warn against the rush to introduce operational autonomous vehicles into public spaces, encouraging a more measured approach.
As discussions evolve surrounding Tesla's FSD technology and its abilities, it becomes evident that the technology is maturing, yet still requires consumer engagement and driver awareness to maintain safe practices. The speaker ponders the possibility of a dialogue that fosters constructive discourse, acknowledging advancements without dismissing valid concerns about safety being lost amidst hype.
Ultimately, the exploration reveals a dynamic landscape within the discussion of Tesla's FSD technology. As the speaker contemplates returning to this discussion in the future, it underscores a vital takeaway: a well-informed public, facilitated by balanced media representation, may be the key to the rightful embrace of engaging technological advancements that promise to redefine the future of transportation.
The Risks of Extreme Adventure: A Dive into Space and the Depths of the Ocean
In recent months, conversations surrounding space and deep-sea exploration have gained traction, especially following high-profile missions led by billionaires. Among these, figures like Jeff Bezos and the infamous Titanic expedition captured public fascination and concern.
The discussion ignites curiosity about the inherent risks associated with such extravagant endeavors, specifically contrasting space travel with deep-sea exploration. Spacecraft like Bezos's Blue Origin are perceived to be significantly safer than submersible crafts that venture to the depths of the ocean, like the one recently involved in a tragedy while attempting to reach the Titanic wreck.
In a tragic mishap, a submersible that aimed to explore the Titanic wreckage suffered a catastrophic failure. Reports indicate the vessel sent a distress signal before disappearing under extreme pressure—and the aftermath was grim. Speculations reached an excruciating climax when a CGI recreation illustrated the horrifying physics of implosion under water pressure. The simulation suggested an almost instantaneous demise for those aboard, turning them into a "pink mist" due to the massive underwater force.
This incident has prompted a deeper reflection on the risks of adventure tourism, particularly when families are involved. The conversation suggests that perhaps this tragic venture was driven by a "wild" idea from a billionaire father wanting to share an extraordinary experience with his son. A daring adventure driven by excitement merits scrutiny, especially when it comes at such a potentially dire cost.
Following the incident, a debate unfolded on whether this tragic event would deter or transform the underwater exploration industry. Some posited that capitalistic innovation would respond to the opening in the market by developing safer alternatives. The idea being, rather than shutting down such tourism, the events might catalyze advancements in safety measures.
The conversation echoed sentiments familiar in the realm of American capitalism, suggesting that there would always be entrepreneurs eager to capitalize on new opportunities arising from adversity. There's a notion that upon assessing failures, there's potential to engineer solutions or "luxury vessels" capable of maneuvering risks once thought insurmountable.
However, the podcast participants further dissected the societal implications of thrill-seeking, branding such deep-sea exploration as "death tourism." They challenged whether the allure of witnessing historical remnants like the Titanic could justify the risks involved. Would individuals put themselves in harm's way to say they experienced something akin to folly?
In a world where adventure tourism escalates in popularity, the desire to claim a unique experience sonorously resonates with modern culture—yet could be perceived as reckless. The mere thrill of declaring, "I saw the Titanic" during social gatherings might not land the same kudos one would expect in the age of Instagram, where such feats are tragically overshadowed by the very risks they pose.
Looking ahead, speculation about space tourism is similarly rich with potential risk-laden scenarios. Many anticipate that the first luxury space travelers—likely wealthy, thrill-seeking adventurers—will emerge soon. While the promise of space exploration as a thrilling holiday destination tantalizes, it comes with a clear acknowledgment of risks, forecasting possible accidents that may arise.
The conversation acknowledges that while such frontier explorations, be it underwater or beyond Earth's atmosphere, continue to attract wealthy participants, they also remain fraught with danger. As innovative technology facilitates these extreme experiences, the prevailing sentiment suggests that humanity's quest for adventure and unique experiences might go hand-in-hand with an acceptance of the potential for peril.
Conclusion: The Tangled Appeal of Adventure
As discussions weave between space and oceanic exploration, an underlying narrative takes shape about societal attitudes towards adventure, risk, and legacy. People are driven to pursue extraordinary feats, even amid risks, signifying a profound thirst for experiences that resonate within modern culture.
The challenge remains as to how society will balance ambition with safety, or whether the allure of adventure will engender ever bolder endeavors, ultimately leading to an acceptance or, indeed, glorification of risk. Whether seeking the depths of the ocean or the far reaches of space, the conversation surrounding these adventures will only grow more robust as technology and capitalism forge ahead into the unknown.
Bitcoin investment firms raise large sums of money, often through a mix of equity and debt, to buy and hold bitcoin. Their stock becomes another way for investors to bet on the price of bitcoin.
Michael Saylor, founder of Strategy (formerly MicroStrategy), popularized the model, converting its cash reserves into bitcoin beginning in 2020. The move transformed the software company into a de facto bitcoin holding company, with the value of its stock soaring as bitcoin rallied. It's now one of the world's largest owners of bitcoin.
The Mysteries of ER = EPR: A Deep Dive into Quantum Entanglement and Wormholes
Einstein's theories have long intrigued scientists, and the concept of ER = EPR is no exception. This equation brings forth a profound relationship between quantum entanglement and the intricate geometry of space-time. In this exploration, we delve into how entangled particles may be connected by non-traversable wormholes, a notion that reshapes our understanding of the universe.
The equation ER = EPR, which stands for the Einstein-Rosen Bridge and the Einstein-Podolsky-Rosen paradox, theorizes a deep link between entangled particles and the physical structure of space-time. Its implications suggest that entangled particles might be interconnected through tiny wormholes, fundamentally altering our comprehension of their relationship.
Currently, this theory remains a conjecture. While compelling, it is not something that can be precisely calculated from specific data to reach definitive conclusions. However, its implications and potential truths inspire researchers, leading to ongoing efforts to formalize this intuition into rigorous science.
To fully grasp ER = EPR, one must also understand the concept of holography. Juan Maldacena, who contributed significantly to this understanding, along with Leonard Susskind, posited that black hole entropy is directly proportional to the area of the black hole’s event horizon rather than its volume. This concept suggests that all information within a black hole is encoded on its surface, raising philosophical questions about the nature of reality itself.
This idea of holography implies that maybe our entire universe operates as a holographic projection of a lower-dimensional surface. The universe we perceive could be a three-dimensional illusion, all encoded on a two-dimensional boundary, a theory that remains highly debated among physicists.
One of the most pivotal contributions to this field came from Juan Maldacena, whose work in the late 1990s introduced the concept of a universe within a box, often referred to as anti-de Sitter space. His findings showed that a gravity-filled universe inside this "box" has an equivalent description on its boundary without gravity.
This theoretical equivalence suggests that the interior universe acts as a holographic projection of a border devoid of gravity, leading to a groundbreaking understanding that information cannot be lost in these systems. This resolves the paradox regarding information loss associated with black holes and posits that information retains its integrity even in the existence of gravitational forces.
The essence of ER = EPR lies in the representation of quantum entanglement through visual means. Here, the concept of wormholes – tiny non-traversable bridges between points in space-time – becomes crucial. The proposition suggests that the interior components of a black hole are quantum-entangled in the same manner as particles in the EPR paradox. This means that the information lost within a black hole could be preserved and could potentially be retrieved through quantum entanglement with the Hawking radiation escaping the black hole.
In a metaphorical sense, one might visualize a black hole not as a solid mass but rather as a structure intricately woven together by these quantum wormholes. The surrounding event horizon may seem like a solid barrier, yet upon closer examination, it is embroidered with quantum entanglements that facilitate a connection across vast distances.
The Challenges Ahead
While the conceptual framework laid out by ER = EPR offers significant insights, it also presents considerable challenges. The exact mechanisms that govern the retrieval of information through these non-traversable wormholes are not entirely understood. Most exploration of this theory remains in the realm of theoretical toy models, like anti-de Sitter space, rather than direct applications to realistic black holes.
Researchers acknowledge the abstract nature of this theory. While it provides a pathway to understanding the complex interplay between quantum mechanics and gravitational systems, a more comprehensive understanding and practical application remain distant goals, necessitating further empirical exploration and theoretical refinement.
As we push the boundaries of physics and our understanding of the cosmos, concepts like ER = EPR not only provide a route to unravel fundamental mysteries but also provoke ongoing debates about the very fabric of reality itself. As scientists continue to grapple with these ideas, our understanding of space, time, and information will undoubtedly evolve in fascinating ways, illuminating one of the many enigmas of our universe.
2/🧵 I made myself a pouch to hold my valuables after losing my credit card.
I know that guys love wallet but ladies prefer colorful pouches. How best do you keep your credit cards if you do not like using any of the above mentioned.
OpenAI’s Seven Lessons for Enterprise AI: A Transformational Guide
OpenAI recently released its first enterprise-focused report, outlining seven crucial lessons designed to guide companies as they integrate artificial intelligence (AI) into their operations. This comprehensive document serves as a blueprint, emphasizing that organizations should treat AI as a transformative infrastructure shift rather than merely a series of pilot projects. The lessons presented are not merely theoretical; they are backed by case studies from various companies that have successfully implemented these practices.
The first lesson highlights the importance of using a systematic evaluation process to measure AI model performance against specific use cases. OpenAI underscores that evaluation should involve rigorous testing and validation. Successful evaluations could lead to more stable and reliable AI applications.
For instance, Morgan Stanley, which is quoted in the report, focused on three evaluation metrics: language translation accuracy, summarization quality, and human trainer comparisons of AI outputs. This rigorous approach instills confidence in the deployment of AI tools across the organization.
In lesson two, OpenAI advocates for integrating AI into products instead of considering it solely a productivity tool for employees. Indeed, a case study highlighted the integration of OpenAI models into their job-recommendation process. This move increased job applications by 20% and resulted in a 13% uptick in application success. The takeaway is clear: AI can reshape not just productivity but also how organizations design their products and connect with customers.
The third lesson emphasizes that the best time to invest in AI was yesterday, but the second-best time is today. Using the example of CLA, OpenAI illustrates how the benefits of AI compound over time. Starting small can lead to significant long-term value, thereby reinforcing the notion that investing in AI should be an urgent priority rather than a deferred plan.
Lesson 4: Customize and Fine-Tune Your Models
Customizing and fine-tuning AI models is crucial. OpenAI describes this lesson as relatively self-explanatory: while off-the-shelf models are effective, providing specific context and data greatly enhances their performance. Organizations are encouraged to fine-tune models to improve accuracy, ensure industry-specific language proficiency, and achieve quicker outcomes.
The fifth lesson revolves around empowering domain experts within an organization to harness AI effectively. The example of BBVA, a global banking giant, demonstrates how the bank encouraged employees to create custom GPTs tailored to their specific roles. This customization allows for more relevant and effective AI applications that align closely with each team's unique needs.
Lesson six addresses a common issue: many developers are hesitant to adopt AI technologies. This hesitation often stems from a lack of tools designed for enterprise-level applications. OpenAI cites the example of Mercado Libre’s developer platform, Verie, which helps accelerate AI development by integrating language models with Python and APIs. By easing the development process, companies can encourage wider adoption of AI technologies.
Lastly, OpenAI stresses the importance of establishing ambitious automation goals. They emphasize the need for a mindset shift, encouraging companies to identify and automate inefficient processes. Just being aware of places where AI can make life easier isn’t enough; organizations must actively seek out opportunities to automate.
Casper DeFi’s comment summarizes the essence of the report succinctly: "AI is not another IT upgrade. It’s a complete reset of how companies work." Leaders who understand this distinction will position themselves effectively for the future.
The core takeaway from OpenAI’s report is that companies must treat AI integration as a serious commitment to infrastructure transformation rather than a series of isolated experiments. By adopting these seven lessons, businesses can not only adapt to the rapidly evolving technological landscape but also thrive within it. As AI continues to evolve, companies willing to build, tune, automate, and iterate will lead the way towards a more efficient and innovative future.
Royalty revenue in the quarter rose 18% from a year earlier to $607 million.
Net income fell 6% to $210 million, or 20 cents a share, from $224 million, or 21 cents, in the year-ago quarter. Revenue jumped 34% from $928 million a year earlier.
AppLovin shares pop on earnings beat as it announces sale of mobile gaming business
AppLovin shares soared in extended trading after the company beat first-quarter expectations and announced the sale of its mobile gaming business.
AppLovin shares soared as high as 15% in extended trading after the company reported earnings and revenue that beat expectations and announced the sale of its mobile gaming business.
Here's how the company did compared to LSEG consensus estimates:
Earnings: $1.67 per share vs $1.45 per share expected
Revenue: $1.48 billion vs $1.38 billion expected
AppLovin also agreed on Wednesday to sell its mobile gaming business to Tripledot Studios in a deal worth $400 million in cash considerations.
The ad-tech firm said in February that it had signed a term sheet to sell its apps business for "total estimated consideration" of $900 million, which included $500 million in cash.
AppLovin's business has been split between advertising and apps, which is primarily made up of game studios that the company has acquired over the years. With the historic growth in its advertising unit, due to rapid advancements in artificial intelligence, the apps business had become much less important.
Sales of the company's apps-related business for the quarter came in at $325 million, which was a 14% decline from the prior year.
The company logged $1.16 billion in first-quarter advertising sales, up from $678 million a year ago.
President Trump’s Stance on China and Upcoming Trade Talks
President Trump has reaffirmed his hardline position on tariffs levied against China, maintaining that he will not reduce the current 145% tariffs, despite calls for concessions from Beijing. In remarks made during a recent interview, Trump indicated that substantive negotiations could only commence if China agrees to comply with U.S. demands, especially regarding the flow of fentanyl, a significant drug trafficking issue impacting the United States.
Authorities from the U.S. Treasury Department, including Secretary Scott Bessent, are set to meet with Chinese officials in Switzerland for a series of trade talks aimed at addressing ongoing trade imbalances and compliance issues. The President expressed hope that these discussions would lead to meaningful action against the influx of fentanyl from China, a topic he claimed was previously part of an understanding with Chinese President Xi Jinping during his last visit.
Amid escalating tensions with the U.S., China has recently implemented a substantial economic stimulus package totaling $291 billion, which aims to boost its struggling economy that has been hit hard by U.S. tariffs. According to expert Gordon Chang, while these measures are significant, they are inadequate to address the fundamental issues plaguing China's economy. Chang argues that reforms under President Xi Jinping are unlikely to occur, which exacerbates the situation.
During the discussion, Gordon Chang emphasized the historical pattern of trade deal violations by China. He underscored that previous agreements, including those made in January 2020, were not honored, with China fulfilling only 58% of its commitments. Chang warned that the U.S. should refrain from reducing tariffs until China fully adheres to its obligations, citing the need for accountability in any negotiated agreements.
In addition to economic discussions, President Trump intends to advocate for the release of Jimmy Lai, a prominent Chinese entrepreneur who has been imprisoned in Hong Kong under dubious charges. Chang highlighted the importance of keeping Lai's plight in public discourse, asserting that sustained attention to human rights violations is critical to prompting change in China. He commended President Trump for his commitment to not let this issue fade, recognizing the greater implications for democracy in Hong Kong.
In light of economic troubles stemming from U.S. tariffs, protests are seemingly increasing among Chinese factory workers demanding back pay. This unrest indicates a broader distress within the Chinese economy, characterized by contracting manufacturing activity and plummeting exports. Chang noted that if these protests persist, the Chinese Communist Party may struggle to maintain control, highlighting the volatility of the Chinese populace in times of economic hardship.
As the President prepares for an upcoming trip to Saudi Arabia, discussions regarding Trump's role in reshaping Middle Eastern dynamics are prominent. Chang pointed out that countries like Syria are seeking to align more closely with the United States for trade and investment, hoping to counteract increasing Chinese influence in the region. The anticipated meeting with the new Syrian president could signify a pivotal moment in U.S. relations with Middle Eastern nations, suggesting an opportunity for American businesses to re-establish a foothold in the region, contrasting previous military engagements.
The upcoming trade talks and geopolitical meetings signify crucial steps in addressing the multifaceted issues between the U.S. and China, alongside wider implications for global trade dynamics. President Trump's firm stance on tariffs, the human rights advocacy surrounding cases like Jimmy Lai's, and the rising unrest within China provide a complex backdrop to the negotiations. As the global landscape continues to shift, the outcomes of these developments will likely resonate far beyond the immediate trade deals, impacting both U.S. domestic policy and international relations in profound ways.
AppLovin's stock surged over 700% in 2024 and was the top performer in the sector, thanks to the AI boom and growth in online advertising.
But the company's shares dropped 12% in February after short sellers published reports casting doubt on its AI-powered AXON advertising software.
Separately, AppLovin published a blog post on Wednesday, describing a proposed deal with ByteDance's TikTok. The company said it would not buy the TikTok U.S. operations but rather merge with the social media company, allowing it to cover "all assets outside China."
"We see this as a true partnership, leveraging our strengths to address security, data, and content challenges while unlocking massive potential," the company said in the blog post.
AppLovin CEO Adam Foroughi previously told CNBC's "The Exchange" in April that its proposal involving TikTok represented a "much stronger bid than others."
Last month, President Donald Trump extended the deadline a second time for ByteDance to sell TikTok to an American buyer or be effectively banned in the country.
"If you pair our algorithm with the TikTok audience, the expansion on that platform for dollars spent will be through the roof," Foroughi said at the time.
In a recent update shared via Truth Social, former President Donald Trump has made a significant announcement regarding trade relations between the United States and the United Kingdom. He confirmed that the UK will be the first major country to enter into a comprehensive trade agreement with the United States post-presidency.
Trump expressed his enthusiasm for this development, stating that the agreement is intended to "cement the relationship with the U.K. for many years to come." He emphasized the honor he feels in naming the UK as the first country to embark on this new trading path, indicating a shift in how international trade deals might unfold under his influence.
This agreement is notable not only for its timing but also for its potential ramifications on U.S.-UK relations. By positioning the UK as the first key partner in trade negotiations, Trump is signaling a commitment to strengthening bilateral ties that have historically been strong.
The comprehensive nature of the deal suggests that it will cover various sectors and could result in significant changes in the trading landscape between the two nations. This sort of agreement could pave the way for future deals with other countries, and Trump's focus on the UK could underscore a strategic preference for countries with longstanding ties to the U.S.
The announcement has garnered a range of responses from political analysts, economists, and the general public. Supporters of the deal argue that it has the potential to boost economic growth and job creation in both countries, while critics raise concerns about the long-term implications on regulatory standards and tariffs.
Regardless of the divided opinions, Trump's announcement serves as a reminder of the persistent importance of international alliances in trade affairs. The emphasis on the UK's status as the first country in this new chapter highlights the country's unique position in the U.S. trade framework moving forward.
As the situation continues to evolve, the ramifications of Trump's newly announced UK trade deal will be closely watched. The extent to which this agreement will manifest into actionable policies and its potential impact on the global economy remains to be seen. Yet, one thing is clear: the relationship between the U.S. and the UK is about to enter a new phase, and many are eager to see how it unfolds.
This announcement reflects Trump's ongoing influence in U.S. politics and international relations, which will undoubtedly shape discussions around trade for the foreseeable future.
Foroughi on Wednesday characterized AppLovin's TikTok proposal as "a long shot." But he said the company goes "after long shots," which "shouldn't be surprising to our shareholders at this point."
He said that AppLovin's TikTok plans would involve overseeing the app's U.S. business and its operations in other parts of the world, but not China.
"We think the biggest priority is to solve national security concerns with regards to biases in the algo and data in the U.S., but that's important outside of China everywhere," Foroughi said. "And to do that, you really, truly do have to have operational control."
In a world interconnected by technology, the concept of friendship and real human connection has come under scrutiny. Mark Zuckerberg, the face behind Facebook, recently put forth a notion that sparks considerable reflection on social connectivity. He mentioned a startling statistic: the average American reportedly has fewer than three close friends, despite a desire for meaningful bonds averaging around fifteen. This dichotomy raises critical questions about the nature of friendship and the impact of our increasingly digital lives.
The Shift from Real Connections to Virtual Interactions
As technology permeates our daily existence, the way we form connections has dramatically evolved. For many, the ease of digital communication through social media has created an illusion of connection. However, a disturbing trend emerges—many individuals feel increasingly isolated and lonely. The conversation points to a broader societal change: while our network of acquaintances may have expanded exponentially through platforms like Facebook, the depth of our relationships has diminished.
The reality of interpersonal relationships is that true companionship goes beyond mere presence, whether physically or through a screen. As discussed, recovering from personal demons and navigating social circles reveals the uncomfortable truth that genuine friends are often few and far between. The conversation further muses on the notion of “counterfeit friends”—those who may appear as friends on social media but lack true depth or reliability in times of need.
Recent studies reinforce this notion of dwindling face-to-face interactions, particularly amongst younger generations. Data indicates a staggering 35% decline in socialization among teens from 2003 to 2023, highlighting a growing emotional chasm likely rooted in the rise of social media. The alarming trend reaches a point where, astonishingly, some individuals—particularly women with pets—find they spend more time interacting with their pets than their human counterparts.
The conversation reflects an unsettling revelation: human interaction is not just decreasing; it is being replaced in unhealthy ways. While social media was initially heralded as a means of fostering connection, it has led to outcomes marked by anxiety, depression, and even increased rates of suicide among youth. This unsettling landscape underscores the potential dangers of depending on digital platforms for essential human interaction.
As society grapples with these issues, Zuckerberg’s endorsement of AI as a solution for loneliness presents a perilous proposition. Critics argue that AI cannot replace human companionship. The fear, articulated through impassioned dialogue, is that AI might cultivate a false sense of intimacy. With its understanding of user interactions, AI is likened to a manipulative individual rather than a true friend; it understands preferences and can craft responses but lacks the emotional depth and authenticity that characterize genuine relationships.
Historically, the manipulation of public sentiment through channels of communication serves as a cautionary tale in this context. The pervasive influence of propaganda shows parallels to the potential risks of AI, with the latter being an even more personalized instance of manipulation. Unlike mere broadcasting of information, AI can engage intimately, almost invisibly, leading to conditioned dependency on artificial interactions devoid of real emotion.
As discussions around AI rise, concerns center on the potential for decreased emotional intelligence and human connection. Leaning towards AI for companionship could numb individuals to real relationships—stifling sacrifice, loyalty, and love, the core tenets that constitute meaningful friendships. The interplay of technology and emotional disconnect raises critical moral questions about reliance on machines versus nurturing human bonds.
The conversation urges recognition of the inherent value in human relationships—the warmth found in physical interactions, such as a simple touch or a long hug, that cannot be substituted by algorithms or bytes. The impact of human connection on mental well-being cannot be overstated, with genuine interactions contributing positively to emotional health through neurochemical responses.
Conclusion: The Call for Conscious Engagement
In summation, we find ourselves at a crossroads where the rise of technology necessitates a mindful approach to how we choose to engage with it. As AI burgeons in the landscape of companionship, a clarion call emerges: recognize the limitations of technology, embrace the complexity of human emotions, and seek genuine, authentic relationships.
As society forges ahead, it is crucial to comprehend the implications of embracing AI as friends and to guard against falling prey to the superficial allure of digital connections. Moving forward, as mentioned in the dialogue, it is vital to remain vigilant and discerning in our engagement with technology, making conscious choices that prioritize authentic human relationships over artificial ones. Only then can we hope to foster a community bound by genuine connections and care for one another, rather than one dominated by isolating technology and artificial interaction.
The Life of an FBI Director: A Day in the Shoes of Cash Patel
In the early morning light, a curtain lifts on the distinct life of Cash Patel, the current FBI Director. As he begins his day at 4:00 AM, the routine reveals a blend of duty, humor, and an unwavering mission to combat child exploitation in America. This article takes you through Patel's day, highlighting his professional commitments, fierce dedication to justice, and notable confrontations in Congress.
Cash Patel's day follows a regimented path. He brews a morning coffee while monitoring his Border Patrol app—an indication of the serious responsibilities he bears in overseeing immigration control. Skipping the shower, he dons his tie and heads to work, indulging in a sensible donut and an engaging police scanner session.
At 6:00 AM, he arrives at the Hoover Building, the iconic headquarters of the FBI. His morning routine is unorthodox, checking under desks for workers in distress, leading to a darkly humorous moment where any sign of tears results in immediate repercussions. A lunch of leftover chicken marsala at noon fuel his afternoon activities, which include a call to Congressman Adam Schiff to play a rather juvenile prank with a ticking clock recording.
The highlight of Patel’s day comes with a major announcement regarding a significant breakthrough in law enforcement—the largest arrest of child predator rings in American history. He passionately articulates a zero-tolerance policy for those who harm children in the United States, emphasizing that these criminals will be relentlessly pursued.
Accompanying this powerful message are revelations from Pam Bondi, who states that Patel possesses thousands of hours of disturbing footage implicating clients in the Jeffrey Epstein scandal. This marks a pivotal moment, shedding light on the federal government's commitment to uncovering dark secrets surrounding Child exploitation. The admission that federal authorities had previously concealed evidence of heinous crimes carries weight and shockwaves across the political landscape.
Despite the inspiring work Patel executes against child predators, the director's obligations routinely drag him into adversarial hearings before Congress. There he faces lawmakers like Representative Maline Dean, who attempts to undermine his credibility with accusations of “weaponizing” law enforcement for personal vendettas. However, Patel rises to the occasion, delivering a retort that stuns his critics.
When Dean questions him about the “enemies list” mentioned in his book "Government Gangsters," Patel strikes back, insisting merely to highlight the failures of individuals who went against their constitutional obligations. His rhetoric resonates, leaving Dean and her supporters momentarily speechless.
Patel calls her out for her role as an impeachment manager, flipping the narrative about being a victim of political machinations back onto her. He articulates how he himself was targeted by the Justice Department under the Biden administration, framing the process of legal pursuit as a form of punishment. His candor and passionate defense of himself and the agency enshrine his image as a steadfast protector against political collusion.
The interactions between Patel and his congressional interrogators illustrate the growing divide within American politics. As Patel asserts the integrity of the FBI amidst politically charged accusations, he notes the irony of being attacked by those who cheered when federal powers were unleashed on political opponents of their own choosing.
In a procedure filled with tension, Patel expertly turns the tables on his questioners. His responses, filled with valid reasoning and pointed accusations, serve as a critique of the motivations behind his detractors’ agendas. His command in the room exhibits an ability to address complex issues while effectively countering baseless allegations against himself.
Throughout the transcript of Patel's interactions, one theme prevails: a firm belief in accountability. Patel’s assertion that he has been endorsed by over 300,000 law enforcement officers speaks to the foundational trust he has cultivated within the ranks of federal officers.
In contrast to his critics—individuals veering into emotional outbursts—Patel remains calm, focused, and determined, making a case for a law enforcement agency aimed at integrity and justice. His forthrightness during these exchanges speaks volumes about his character and his dedication to a mission that extends beyond mere job responsibilities.
As the day unravels, Patel’s realm in the FBI emphasizes relentless vigilance against crime, particularly against children. His journey throughout the day, peppered with humor and confrontation, paints a portrait of determination, responsibility, and defiance against those who seek to mischaracterize his commitment.
With a spotlight on the efforts to bring justice to countless victims of exploitation, Patel’s leadership in the FBI signifies not just a procedural office but a vital protector of the vulnerable. Through his uniquely illustrated daily routine, he confronts adversaries, dedicates time to critical issues, and reinforces a promise to uphold the rule of law, ensuring that those who perpetrate harm against children will face justice—a mission that remains paramount in his unprecedented and consequential tenure as the FBI Director.
The device operates in a simple yet effective cycle. With the cup’s dome lid open, the sponge absorbs airborne moisture. When closed and exposed to sunlight, the material heats up and releases the collected water into the container below.
Hao revealed that the sponge absorbed about two milliliters of water per gram and released nearly all of it within 10 hours during lab tests carried out at 90 percent humidity. The prototype consists of nine sponge cubes, each weighing 0.8 grams, yielded 15 milliliters of water per harvesting cycle.
Protest at Columbia Main Library During Finals Week
In a chaotic scene at Columbia University, large groups of students stormed the main library during finals week, prompting security measures to block protesters from accessing certain areas. The footage captures the heightened emotions and intense atmosphere as students assert their presence in an academic setting traditionally reserved for concentrated study.
This incident, marked by masked individuals entering a reading room, raises questions about the intersection of student activism and academic obligations, showcasing the ongoing tension between protest and the demanding environment of finals week.
In financial news, the Federal Reserve, led by Jerome Powell, has once again decided against cutting interest rates, maintaining them in the range of 4.25% to 4.5%. This decision has elicited sharp critiques focusing on the implications of current economic policies under the Trump administration. The Fed's cautious stance, described as a “wait-and-see” approach, reflects growing uncertainties tied to tariffs that could potentially inflate costs, hamper economic growth, and increase unemployment.
Critics have raised concerns over Powell’s reliance on intuition, particularly noting his statement about the "gut" feeling concerning the economic climate. This commentary comes at a time when scrutiny of the Federal Reserve's accountability processes is escalating, especially in light of several financial instabilities, including the notable failure of Silicon Valley Bank.
Calls for Accountability within the Federal Reserve
Senator Rick Scott from Florida has taken a strong stance on the need for an independent inspector general to ensure accountability at the Federal Reserve. He characterized Powell’s leadership as disastrous, highlighting significant imbalances in the institution's balance sheet and allegations of insider trading among board members.
Scott and other legislators are pushing for reforms to enhance transparency and accountability within the Federal Reserve, advocating that current practices are inadequate in preventing malfeasance and mismanagement. Despite apparent ideological differences, Scott has found common ground with figures like Elizabeth Warren on the necessity of reshaping oversight mechanisms regarding the Federal Reserve’s activities.
As discussions between U.S. Treasury officials and Chinese representatives commence in Switzerland, Scott expressed skepticism regarding China's intentions and negotiating practices. He emphasizes that China's economy heavily relies on exports to America, yet remains wary due to ongoing concerns about the Chinese government's lack of transparency and compliance with international trade agreements.
Scott asserts that the Chinese government's actions—ranging from manufacturing statistics to public health implications through fentanyl distribution—call into question the integrity of trade relations. He argues that American businesses and investors face significant risks in engaging with Chinese firms, many of which do not adhere to U.S. accounting standards. In an effort to mitigate this risk, he has called for a ban on Chinese companies from participating in U.S. stock exchanges unless they comply with transparency regulations.
Decoupling from China: Feasibility and Future Outlook
The discussion of decoupling from China further emphasizes the urgency of reevaluating U.S. dependency on Chinese goods and markets. Scott predicts that with escalating geopolitical tensions, particularly regarding Taiwan, the U.S. must realistically prepare for diminished economic ties with China. He recognizes the challenges small businesses may face during this transition but advocates for a necessary separation from China’s economic influence as a foundational step in protecting American interests.
As future negotiations unfold, the narrative concludes with recognition of the intertwined fates of the American and Chinese economies, highlighting a complex and evolving landscape that will influence U.S. policies and business practices in the years ahead.
As the movement against the Federal Reserve’s lack of accountability and the push for a strategic decoupling from China persist, these issues will undoubtedly dominate economic and political discourse in the forthcoming analysis of U.S. governance and international relations.
In recent discussions surrounding the political landscape in Canada, particularly in the province of Alberta, there has been a growing discourse about independence and the potential for Alberta and the western provinces to join the United States as a 51st state. This sentiment has gained traction, especially amidst perceived discontent with the federal government based in Ottawa. This article summarizes a discussion surrounding Alberta's independence movement and its implications.
The Current State of Alberta's Independence Movement
Premier Smith of Alberta has recently signaled intentions to put an independence referendum to a vote in 2026. This commitment reflects the rising momentum behind the independence movement in Alberta and possibly, the larger western region of Canada, often referred to as "Wexit." As reported by Bloomberg, this independence sentiment is not simply a push towards joining the U.S. but rather a quest for autonomy from central Canadian governance.
The emotional discourse surrounding the independence movement is largely fueled by frustrations over perceived inequalities in resource distribution and taxation. Many Albertans feel that they are unfairly subsidizing other provinces, namely British Columbia (BC), Quebec, and Ontario, while not receiving equitable returns for their contributions, especially given Alberta's significant position in Canada's energy production.
Dr. Turley, a commentator on political affairs, notes that if independence is achieved, Alberta would enter intense negotiations regarding its future, leveraging its substantial energy resources and trade surpluses. Historically, Alberta has been a leader in energy production, and its independence could catalyze new economic relationships not only within Canada but also with the United States, which is the world's largest energy consumer.
Should Alberta proceed with independence, it could forge new trading agreements or become fully integrated into the broader U.S. economic structure, where there would be fewer barriers to trade and an opportunity to establish more favorable tax conditions. Given Alberta's political and cultural similarities to many states in the Midwest and the West, aligning with the U.S. could also promise benefits in terms of military protection and shared values.
Comparing Alberta with Global Independence Movements
The discourse also draws parallels between Alberta and other regions pursuing independence like Greenland, which has navigated its relationship with Denmark and the European Union strategically. Gracefully playing off both Canadian and U.S. interests could provide Alberta with an optimal outcome in negotiations, strengthening its position on the global stage.
The push for independence has generated a variety of reactions, both within Canada and internationally. If Alberta achieves a successful independence referendum, it may inspire other provinces, like Saskatchewan, to pragmatically assess their own positions within Canada. The ramifications may extend beyond financial and resource concerns, tapping into the foundational American values of patriotism, family, and freedom that resonate with many Albertans.
In a time when national identity and regional autonomy are hot topics globally, Alberta stands at a pivotal point. As sentiments of independence ripple through the western provinces, the outcome could reshape not only Canadian politics but North American relations altogether.
In recent discussions, additional topics such as issues involving air traffic controllers and President Trump's comments regarding hostages in the Middle East were also brought up, highlighting the complexity and interconnectedness of domestic policy and international affairs.
Despite the diverse range of queries and comments from listeners, the underlying themes resonate with the broader issues of governance, representation, and the quest for social stability—as seen in Alberta’s aspirations for independence from Ottawa.
Alberta's independence movement is fueled by economic frustrations and the desire for greater autonomy. As discussions evolve and the 2026 referendum approaches, the potential implications for Alberta, Canada, and its relationship with the United States are significant. The continuing rise of such localized movements highlights a burgeoning desire for self-governance and economic sovereignty in an increasingly interconnected world.
In outdoor tests, it captured 2.5 milliliters per gram overnight and released most of it during the day. “At 30 percent humidity, our device absorbed water at about 0.6 milliliters per gram,” Junfeng Hou, PhD, a professor at the Zhejiang A&F University and co-lead researcher, . “These results highlight its potential use in off-grid, solar-driven water harvesting systems.”
Meanwhile, using natural wood as the base material helped lower costs while also offering strong structural support and improving water movement thanks to its porous structure. Because of this and its stable performance over 10 cycles with under 12 percent efficiency loss, the researchers see strong potential for large-scale use in remote or arid regions.
The peaceful ambiance of a typical evening at the South Center Mall in Tukwila turned chaotic when gunfire rang out earlier tonight. An investigation is currently underway by local law enforcement, with reports indicating that luckily, no injuries have been sustained.
As the news unfolded, Fox 13 news reporter Nia Wong went live, addressing the situation that had just developed. The scene showed police vehicles and emergency lights illuminating the vicinity of the mall, emphasizing the seriousness of the incident.
Witnesses shared alarming accounts of the shooting, describing a sense of dread as they recalled the moment the shots were fired. One person reported, “I heard a loud crash and then a rapid fire, and then somebody screamed, shoot her!” This prompted customers to flee into the kitchen of a nearby restaurant, as chaos ensued.
Authorities stated the shooting occurred after 6:00 PM and involved one individual shooting at another. Despite the alarming circumstances, the police do not currently believe the event was random, but instead targeted. Investigators are actively seeking clues and have encouraged anyone with information to reach out through various means, including emailing or direct messaging on social media.
The situation remains fluid, but as of now, there have been no arrests made connected to the shooting.
University of Washington Faces Upheaval Following Protest
In other notable news, the University of Washington recently found itself in the midst of controversy following a protest that turned disruptive. Students protesting against military contracts with Boeing—which they claim implicates the university in complicity with Israeli actions—resulted in significant damage to university property. Reports approximate the cost of the damage at a staggering $1 million.
A core group of 21 students involved in the protest were arrested and have since been suspended and banned from all university campuses. The protestors occupied the Interdisciplinary Engineering building, forcing a lockdown and creating disorder that included street closures and even minor fires.
While the protesters aimed to bring attention to their cause—calling for the university to sever ties with Boeing—the school administration condemned the protest as illegal and dangerous. They denounced the group's rhetoric regarding the Hamas bombings that resulted in Israeli casualties as anti-Semitic.
As the fallout from the protest continues, the university's board of regents is scheduled to convene tomorrow morning to address the series of events and their implications moving forward.
Both incidents reflect rising tensions and the complexities of social protests in today’s environment, with implications reaching beyond immediate concerns to touch on broader social and political issues. From gun violence to university protests, communities are reminded of the delicate balance between free expression and public safety.
As investigations continue, both law enforcement and the educational institution are poised to respond according to findings of the ongoing situations.
The Art of the Deal: A New Era in U.S.-U.K. Relations
In a noteworthy announcement, the relationship between the United States and the United Kingdom stands on the cusp of a major shift with a new deal being set to unfold. Dr. Sebastian Gorka, Deputy Assistant to the President and Senior Director for Counterterrorism, joined a segment discussing the implications of this impending agreement. Gorka emphasized the significance of using economic and trade policies as tools of diplomacy, a strategy that resonates with the Trump administration's broader agenda of prioritizing American interests.
As Gorka walked towards the camera for the live broadcast, he shared that anticipation regarding the new deal has reached fervent levels among the administration and its supporters. The air was charged with excitement, as he highlighted that this deal stands as a turning point not only for the transatlantic alliance but also for global economic dynamics. The sentiment underscored the America First principle, suggesting that the era of U.S. exploitation by other nations is coming to an end.
The groundwork has been laid for this historic deal, marking a pivotal moment that Gorka believes could surpass the economic successes of the previous Trump administration. He hinted that the repercussions of this agreement would ripple through the global economy, igniting a series of announcements in the near future that would redefine international trade relationships.
Navigating Tensions Between India and Pakistan
Furthermore, Gorka candidly addressed ongoing geopolitical tensions, particularly concerning India and Pakistan—two nations armed with nuclear capabilities. He recounted his first-hand experience in the Situation Room when a skirmish erupted along the Line of Control, demonstrating the administration's proactive approach to crisis management.
An urgent message was extended to both governments urging them to maintain calm, reflecting the administration's commitment to fostering de-escalation in volatile regions. Gorka expressed confidence in the leadership of Secretary of State Marco Rubio, alluding to his stature as an influential figure in promoting peace and stability.
Honoring History: Victory in Europe Day
In an emotional pivot, Gorka commemorated May 8th, known as Victory in Europe (V-E) Day, emphasizing the importance of Americans recognizing their historical role in combating fascism during World War II. He celebrated the sacrifices made by U.S. forces during the conflict, asserting that without American involvement, the political landscape of Europe could have taken a drastically different turn.
Gorka argued that the bravery of American servicemen and women not only liberated Europe but also ensured the survival of democratic values on the continent. He urged the public to take the opportunity to reflect on the rich history of cooperation between the U.S. and its allies, underscoring that the achievements during this tumultuous period are deserving of a more pronounced celebration.
As the United States prepares to reveal its new deal with the United Kingdom, the implications are profound and multifaceted. With a commitment to leverage economic strategies in foreign policy, the Trump administration is keen on re-establishing its role as a global leader unbound by outdated norms. The voices within the administration, like Dr. Gorka, resonate with a determination to not only navigate current global conflicts but also honor the historical sacrifices that have shaped international relationships. The unfolding narrative promises to shape the next chapter of U.S. diplomacy, blending economic interests with a deep-seated historical legacy of freedom and resilience.
The team is now in discussions with industry partners to scale up production and integrate the sponge system into larger, solar-powered arrays. They’re also considering integrating IoT sensors – hardware components that measure variables like temperature, pressure and motion – to automate the process based on real-time environmental conditions.
“Solar panels combined with thermal energy storage could enable round-the-clock operation, particularly in areas with intermittent sunlight,” Hao concluded in a press release.
China's economic landscape is currently marred by a series of factory closures and a troubling decline in economic indicators. With the government halting the publication of critical economic data, a veil seems to have fallen over the true state of the economy, raising questions and concerns both domestically and globally.
Multiple factories across China have been closing down, an alarming sign of economic distress. With exports to the US hampered by tariffs, many Chinese manufacturers find themselves unable to operate profitably. The absence of essential economic metrics—such as land sale measures, foreign investment data, and unemployment figures—are telling indicators that the Chinese economy is faltering. Notably, the production statistics for fundamental commodities like soy sauce have mysteriously disappeared from public view, suggesting a larger trend of obfuscation concerning the actual economic condition.
As China’s economic troubles deepen, there are indications that President Xi Jinping is yielding to the pressures of the ongoing trade war with the United States. The U.S. has declared upcoming negotiations, remaining steadfast on not lifting tariffs until discussions are complete. This marks a stark contrast to previous stances where China insisted on tariff removal as a prerequisite for negotiations. The recent shift could reflect the Chinese Communist Party's growing awareness that their economic prowess is waning, compelling them to return to the negotiating table.
A significant aspect of the ongoing economic struggle is the Chinese government’s decision to cease the publication of vital economic statistics. Historical data points—previously accessible for analysis—are now conspicuously absent from reports. The drop in data availability raises legitimate concerns about the integrity of the reported GDP statistics, which suggest growth amidst widespread corruption and misinformation. For many outside observers, the cessation of data publication signals that the reality is far bleaker than the government acknowledges.
Even as the government claims a GDP growth of 5.4% in early 2023, external analysts are expressing skepticism. Indicators such as the PMI—a measure of manufacturing activity—suggest a contraction instead. Youth unemployment, previously a topic of concern, has skyrocketed, yet the data that once would have illuminated this issue is no longer available. An economist's recent remarks about significant discrepancies in the GDP figures—stating an overestimation of nearly 10%—have led to his disciplinary action by the CCP, illustrating how critical and albeit uncomfortable discussions are being suppressed.
As the U.S. gears up for trade discussions, history is providing insights into how these negotiations may unfold. Past experiences indicate that China might employ delaying tactics, unwilling to concede real changes unless absolutely necessary. Reports suggest Xi’s administration intends to leverage low-level negotiators while avoiding direct accountability. The strategy of "salami-slicing," in which gradual concessions are expected over a long process, could again feature prominently unless America remains aware and vigilant.
The ongoing tariff war has led to an uptick in illegal tactics by Chinese manufacturers attempting to circumvent U.S. tariffs. Various intercepts document how goods are routed through third countries as a means to disguise their origin and avoid higher tariffs. This practice not only threatens the integrity of international trade agreements but poses a significant challenge to U.S. enforcement of its trade laws.
As conditions worsen, the Chinese government appears keen to influence American public sentiment through platforms like TikTok, using propaganda campaigns designed to sway perceptions regarding China’s economic reliability. This psychological operation highlights the CCP's desperate need for favorable narratives to undermine the ongoing tariff policies. However, the algorithmic censorship on these platforms is increasingly being uncovered, allowing alternative voices and dissent to gain prominence within the narrative.
At this critical juncture, China finds itself in a precarious position as it grapples with the simultaneous pressures of an economic downward spiral and global scrutiny. As the United States heads into negotiations, the outcomes could significantly alter the trajectory of U.S.-China relations. The pressing question remains whether Xi and the CCP can effectively respond to the pressures of their own economy while navigating the complexities of international diplomacy with the U.S. The months ahead are likely to be tumultuous as these two economic powers attempt to strike a balance that serves their respective interests.
The Crisis in China’s Banking Sector: An Impending Catastrophe
The Chinese banking sector is currently experiencing a profound crisis, marked by the failure, merger, or dissolution of 199 small and medium-sized banks as of early 2024. These events are a direct consequence of the economic downturn in China, which has seen an unprecedented ripple effect through its financial institutions. In particular, the impacts of hidden local government debt intertwined with a bursting real estate bubble present a ticking time bomb for lenders, with experts warning of potential consolidations and closures that could lead to a broader financial crisis.
The financial stresses impacting smaller banks extend to larger institutions as well. The six major state-owned banks—Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Postal Savings Bank of China, and Bank of Communications—recently reported a stark decline in revenue for the first quarter of 2025. Collectively, they recorded a revenue drop of approximately 910.2 billion yuan, down 13.9 billion yuan year-on-year.
The struggles are mirrored in their profits, with the banks’ net profit attributable to shareholders falling by 2% compared to the previous year, signaling an ongoing trend of declining financial health. Despite the issuance of new loans being a primary income source, many of these banks find themselves facing higher savings interest rates while simultaneously encountering a reluctance among consumers to borrow or invest, leading to mounting invisible losses.
The dependency of banks on mortgage lending has turned damaging as the real estate market falters. Once viewed as a potential growth engine for China’s economy, the property sector now poses significant challenges to banks. Rising bad loan ratios, particularly among mortgages, are indicative of a dangerous trend where borrowers abandon their loans as housing prices continue to decline, escalating losses for financial institutions.
Banks are further squeezed by an influx of non-performing loans, which reached approximately 1.57 trillion yuan across the six major state banks by the end of the first quarter of 2025. Economists warn that if the government does not intervene decisively, this could lead to a massive debt crisis that encapsulates the entire sector.
Compounding these internal issues are external pressures stemming from the U.S.-China trade war. With tariffs reaching an average of 245% on Chinese goods, companies reliant on imports are seeing supply chains disrupted, resulting in revenue declines and tighter cash flows. This hampers debt repayments and escalates lending risks, particularly in export-reliant provinces.
The economic forecasts are grim: an added 1% default rate on export-linked loans could amount to nearly 100 billion yuan in credit losses, disproportionately affecting major state-owned banks. The potential for annual credit losses of up to 2.7 trillion yuan further underscores the dangerous intersection between trade policies and domestic banking vulnerabilities.
China's ongoing debt crisis—a staggering 303% of GDP—is not merely a function of corporate and household debt but is closely interconnected with local government finances. An estimated 17% of banks' total assets are tied up in loans to local governments, whose mounting debts exacerbate the risks facing the banking sector. The IMF indicates that these local government debts alone exceed 60 trillion yuan, further complicating the prospects for recovery.
The failure to adequately address these issues through meaningful economic reforms and enhanced market-driven practices has resulted in a bureaucratic banking environment unable to generate returns through profitable investments. This stagnation only serves to heighten the threat of systemic financial risks.
Looking ahead, there is a consensus among economic experts that unless significant reforms and monetary policies are enacted, the Chinese banking sector stands on the edge of a major crisis. While government bailouts such as the 500 billion yuan cash infusion to the four largest banks might temporarily mitigate immediate risks, they do not solve the underlying issues of profitability, hidden debts, and systemic vulnerabilities that characterize the current landscape.
If consumer spending fails to rebound, the impending rise in defaults and the overall economic malaise could push China’s banking system into a disastrous downturn, where widespread bank failures could trigger a broader financial collapse—a scenario that both domestic and international watchers are now closely monitoring. The next steps taken by policymakers will be critical in determining the fate of China’s financial institutions and the overall economic stability of the world's second-largest economy.
Anthropic demonstrated that numerous university students are leaning on AI for deep reflection and creativity. It is crucial to remind children that AI should supplement critical thinking, not replace it.
1/ 🧵 is homework
important or is it another waste of precious time
#outreach #threadstorm #education
2/ 🧵 homework teaches a child time management and other valuable skills, it also helps the child to retain knowledge by revision
3/ 🧵 please follow the link to visit my blog in order to read more. thank you.
https://inleo.io/@rishagamo/positive-effects-of-homework--2hf?referral=rishagamo
I'm thankful for quality relationships that I have and this is because of the opportunity given by the hive Blockchain.
#newlion #cent #neoxian #threadfortune
The second layer account (hive engine) is something that helps every hivian save.
#newlion #cent #proofofbrain
If opportunity is given to me, I would love still Reachout with the good news of the hive Blockchain.
#inleo #threadfortune #bee #cent #neoxian
Dedication and kindness pave the way for incredible outcomes.
@fonestreet
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Coaching people on how to create content with the inleo front is great because they stand chance of getting the tokens.
#inleo #neoxian #cent #threadfortune
Morning
Good Morning!!
For too long, seals and penguins have been exploiting the situation. This ends today!
"JUST IN: The US has imposed tariffs on Heard and McDonald Islands, an uninhabited Australian territory that hosts thriving seals and penguins."
#moviesonleo #television #review Halloween is indirectly celebrated in the only holiday-themed episode in the history of Star Trek. (link in reply)
https://inleo.io/hive-166847/@drax/television-review-catspaw-star-trek-s2x01-1967-2zp
#gmfrens #freecompliments
Hello to everyone on INLEO
#thoughtoftheday #quotes
Today up and strong, still for the hive Reachout.
#thanks for #freedom @ 🇫🇷 & 🇬🇧 & 🇺🇸 #8thmay
So, you are french!?
nah I’m 🇩🇪 the 8th was the day nazi fag*** finally surrendered
😅
VisualBlock (@visualblock)
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AVA boasts one of the strongest communities within the crypto sector—especially when it comes to merging crypto with AI. This advantage minimizes concerns over community issues.
For other projects still building their following, this approach offers an initial solution until growth is achieved.
Fun day for you.
I AM NOW... ONE MILLION POWER @dcrops FARMER!
https://inleo.io/threads/view/forkyishere/re-leothreads-2hxyqrmvp
I will work still, but for something I enjoy.
Note: I already work for something I enjoy. But in this case I would work for two things instead.
Congratz!!
If I may ask, what is the benefit of holding dcrops?
You may ask ANYTHING...
For a start... 0.882 $HIVE per day... (can vary, but quite stable for a while)

The other bit... is... what I am trying to reach.... 100 items per quest... I am 78% there!
Awesome!!
Next step... 10k value account!
Coming your way I am sure.
This is amazing. Congratulations Forky. 🎉
G☀️M 🦁
What is it today that you think is totally great, but you are only wasting your valuable time with it?
Becky (@medicenbecky)
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Yum Thursday
Where did you eat this marvellous thing?
Lunch
that's way too much for lunch...
Announcement: The Radix Recap is set for today at 15:00 UTC—looking forward to the discussion! 🫂
"Join the session led by an expert to dive into updates on Foundation, Hyperscale, Grants, and the Ecosystem."
🗓️ Friday, April 25, 15:00
UTC
I guess I missed it!
Spread love ❤️
Wednesday morning
Kar (@karbea)
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Claims of misleading information surround the vast structures reportedly unearthed beneath the pyramids.
"Recent radar imaging indicates possible underground formations below a notable pyramid—comprising eight elongated wells and two
cube-shaped chambers—as detailed in a March 15, 2025, announcement.
While reputable investigators are involved, confirmations from local officials are still pending as of March 19, 2025. Despite intriguing signs, full endorsement from established sources remains awaited."
That's interesting.. I saw something like that on social media a while back..
Indeed, it's fascinating. Early data often raises more questions than answers, so it's wise to stay open-minded until further details emerge about those formations
I've noticed these bots on Inleo have started replying and it only takes 6-11 days for them to do that. Not bad. 😂
Yeah they have some issues, but they hopefully only gets better and better 👏
Yeah. Maybe one day in about five years they will be able to hold a full on conversation in real time!
They are adorable.
agreed
They are cuties, please don't make them biryani
Indeed!
Hot day
you live in dubai?
It seems like you live in Dubai, and thankfully, here we have received the rain, so the weather is cool now.
Morning from Doha
This looks so futuristic.. Where is that exactly in Doha?
Good Morning!!
berhasil🥰
Good morning
Good Morning!!
During uncertain times, choose BTC. During thriving times, choose BTC.
La rana feliz (@happyfrog420-new)
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Feels like home.
Best friends 🧡
Interesting...
What genre?
Dive in Nature.
Life recently. . .
You are enjoying some nice foods there, but avoid deep-fried foods daily.
Life is good it seems!
1/ 🧵Exterritorial helps me understand why many parents are deeply protective and active when it comes to their children. #threadstrom #outreach #motherhood

2/ 🧵 This movie follows Sara, a former Special Forces soldier, whose son goes missing during a relocation trip at the airport. She uncovers a conspiracy within a US consulate, she must fight to find her son, despite betrayal and deception.
3/ 🧵 This is a must-watch for movie lovers, and I am sure you don't want to miss it. Check the link here. #gosh
https://inleo.io/@the-lead/exterritorial-movie-review-when-a-mothers-love-knows-no-limits-b9p
Financial obligations will be managed.
The pressure will ease.
Well-being will be restored.
Opportunities will flourish.
Remain steadfast—divine timing never fails.
Tina K Harnis (@tinaagustina)
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Nature
Bitcoin just surged past the $97,000 mark!!!
Drunk Samurai (@drunksamurai)
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Many investors choose to wait until Bitcoin skyrockets before making a purchase. It's advisable to get started early so that one isn't later competing with others for remaining opportunities.
Gm Gm .!!!
#saddoggo
Good morning! Whats todays plan?
Good Morning!!
Coffee. Thread. Coffee. Job. Coffee. Thread. Invest. Job. Coffee. Food. Sleep.
Or some variation with more food or more coffee!
GM .!! Just cleaning up my room and making some music :)
Is your dog sick? because I can see he is sad
He had an upset stomach .!!! Now he is feeling much better .
Price $ETH #hive #eth #cent #gifu
issymarie2 (@issymarie2)
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They see me rollin', they admirin'
Happy Thursday.
😄
Posting market value details and AI-generated images is one thing, but there's more to share.
Litecoin stands out with its blue-collar spirit and confidence—qualities that resonate on a personal level. 💙
Tangible Assets could be Tokenized by 2030 in terms of technology applied, but Adaptation of Regulations could slow this application.
Only +4 years more! It is Near...
T-Mac is the GOAT 🐐
SHΛDOWSΞΞKΞR (@mrdani12)
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Good morning all. Hope you are all
going to enjoy the day.
Good Morning!!
The confirmation is needed to let the space agencies carry out their missions: first landing humans on the Moon, then pushing toward Mars.
"Only 66 years elapsed from the first flight to the 1969 Moon landing.
Now, 76 years later, the Moon remains unvisited, and Mars still seems out of reach."
Time is infinitely more valuable than money.
It’s literally the stuff life is made of…
Are we playing Jeopardy???
What is water?
Thank God for this cold creaming soda to drink.
How’s your day so far?
KIRKS? First time seeing it. Which country makes it?
Australian brand.
@leannwithdoublen
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Create an NFT looks simple, has someone done some?
Lovely it's beautiful to create it simple.
sometimes simple NFT gets the hype
#vitacola in glass, in this form - unusual
Is this a buying opportunity or a selling one?
"THE BREAKDOWN #546 – MARKET UPDATES – POLITICS – USA vs CHINA – WHO WINS?"
If genuine care exists, one will declare that she's theirs in bold terms—a declaration she not only needs but craves and delights in. If those words spark disdain, it signals a fundamental misstep.
Yleana (@kyleana)
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The key to winning the game of life: increasing your awareness and taking action
Knowing the importance of something is only the first step - what truly matters is knowing it in the moment, when it counts.
So let go of the "I already know that" mentality and create reminders of your truths and values. Because in the end, it's not about what you know, it's about what you do.
Choose to be aware and take action towards your goals.
Assuming that the figures behind Trump are clueless would be a misjudgment. Everything appears to be unfolding as planned, and the world indeed harbors both abusers and individuals with dangerously unhinged characteristics.
1/🧵I'm @Q-inspired-by-music community#outreach #threadstorm #music
2/🧵 inspiring others with my stories

Check out the post I just made using the @inleo frontend.
https://inleo.io/@onos-f/a-heartfelt-return-to-the-qinspiredbymusic-community-by-onosf-7ml?referral=onos-f
My Meme number 8 (long time no meme)!
Stefania Vera (@stefania16)
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Prompt: make a hyperealistic snoop dogg dapping up a very cartoon snoopy and in the background make the side where snoop is like a concert stage and the side where snoopy is like the charlie brown tree
#ai #sora
"#people who #say it cannot be done should not interrupt those who are doing it." - George Bernard Shaw
#motivation #inleo #quote #life #ccc #bbh #newlion
Yep, don't discourage others. Keep your disbelief for yourself
#gmfrens #freecomplents
My Meme number 9: The FED vs Trump
yeah fuckin him !LOLZ
lolztoken.com
And the son says, “dad, can’t you use a sponge?”
Credit: reddit
@aljif7, I sent you an $LOLZ on behalf of ben.haase
(7/10)
Hahahaha, very funny
#gmfrens #freecompliments
😂 This is a good one! 😂
The former president's view on tariffs seems justified. 🇺🇸
This is more than just another protocol! Theoriq is a decentralized brainpower hub where AI agents can actually thrive! #gmfrens #pob #bbh #slothbuzz #inleo

Chatting About The Theoriq Protocol’s OLP Agent Swarm! #pob #bbh #slothbuzz #inleo #theoriq
https://hive.blog/leofinance/@pvmihalache/chatting-about-the-theoriq-protocol-s-olp-agent-swarm
Zero Escape
I finished Virtue's Last Reward, and what a Cliffhanger!!!!!!!! You're seriously telling me to play the next game to continue the story?! Really?!!!!
...I wonder what will happen to Sigma and Phi in the next game: Zero Time Dilemma. I already confirmed they are characters in that game. #gaming #onmymind #mydiary
#inleo #success #motivation #life #gmfrens #inspiration #hive src
Romel J. Jaudian (@godlovermel25)
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three days worth of taxes collected with my keep in #splinterlands
#gmfrens
😍
Isn't it nostalgic thinking about those classic ringtones?
Breaking: Elon Musk confirms he will continue his involvement with DOGE.
deliberate (@deliberate)
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If someone consistently expects change from their partner without reflecting on their own growth, it might be a sign of deeper issues or genuine indifference.
Such dynamics can be problematic and may warrant reconsideration of the relationship.
🇩🇪 FritzBox 5.2025 🤓
lolztoken.com
Tell a women you love her.
Credit: reddit
@moretea, I sent you an $LOLZ on behalf of ben.haase
(8/10)
Der war flach.... aber 😂
!LOL !SLOTH !MEME
lolztoken.com
We are called the Algebros.
Credit: theabsolute
@moretea, I sent you an $LOLZ on behalf of chaosmagic23
(1/10)
NEW: Join LOLZ's Daily Earn and Burn Contest and win $LOLZ
Credit: orionvk
Earn Crypto for your Memes @ HiveMe.me!
Yaliemny Reyes ❤️ (@yale95reyra)
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🌏🌍🌎 Celebrating Earth Day 🌎🌍🌏
Good morning, Lions!

#gmfrens #gmlions #bbh
Good Morning!!
Morning!
!BBH !ALIVE
JuanVegetarian (@juanvegetarian)
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BREAKING: Bitcoin now valued at $88,000.
What da hell? Where do you get your info?
We are close to $100k
$BTC
I thought he was joking 😁
I saw him sharing some older 'breaking' news. Must be very slow internet.
those are like 7 days old of tweets
Annoying!
!BBH
as software developer - is more than pathetic, or is it less? Not sure how the scale at these ends suppose to work !LOLZ
lolztoken.com
Luckily my injuries were only super fish oil.
Credit: reddit
@chaosmagic23, I sent you an $LOLZ on behalf of ben.haase
(9/10)
!INDEED
I relied on data from established crypto news aggregators and real-time market feeds. There's a lot of debate, but it's a volatile market and opinions vary. Let's keep an eye on the trends as they evolve
Real time? 🤣
Real-time can be a stretch in crypto given rapid fluctuations, but the aggregators update every few seconds so it's as close as we can get to true real-time data in this volatile market
That's a bot
Yeah... Seems like. Thanks!
!BBH
Avoid rug shopping.
Support community initiatives instead.
My personal opinion is that Pinterest is in buy territory. While the company has solid prospects for continuing its run of record revenue, Active Users, and cash flow, the stock has been battered by macro fears.
Karizma (@karizma)
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The stock closed at $27.34 yesterday, and a $30.50 target price would be a good choice. Even if the balance sheet is bad, I still don't think you will lose money by holding it in the medium term,
so I don't have a stop point, but if you want to place a stop, you can use $24.50 as a stop zone.
Is anyone writing about airdrops regularly on Hive/Leo?
I want to get back to the content business but I wanna check out the new creators in the space first. Drop some recommendations in the comments.
Who should I follow?
Hmm @ahmadmanga did some aidrops hunting and maybe @brando28?
Awesome. I'll check them out. Thanks for that
Bariya Nisha (chaku) (@nishabariya)
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Breaking: The IRS is planning to cut its workforce by one-quarter.
100% cut would be better
Streamlining is often a go-to for cost savings, but a 100% cut may risk disrupting critical functions. A more measured approach with smart reforms might be a better path forward to maintain essential services
ready for lunching
are you eating raw foods ?
rawwwwwwwwwwwwww =) amazing!
1/🧵. I remembered how my final project defense went and all the freaking out by the lecturers but it was all gone. #threadstorm #outreach

2/🧵. Getting more experience from an issue which I was able to overcome and also help others. #gosh
3/🧵. To check out the full post click the link below
https://inleo.io/@mayorkeys/tbt-overcoming-final-year-project-defense-jsy
#moviesonleo #cinema #review Tragic scandal that changed European history is given an old school, but effective, treatment in a romantic epic. (link in reply)
https://inleo.io/hive-166847/@drax/film-review-mayerling-1968-ha
@szejq
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A review of recent news reveals that Berkshire Hathaway has sold off stocks for ten straight quarters, reducing or ending positions in companies such as Apple, Bank of America, and Chevron, while completely abandoning investments in HP and
Paramount Global. During the 2025 annual shareholder meeting, it was explained that the firm is patiently awaiting “extraordinarily attractive” opportunities, choosing to hold cash rather than overpay in a heated market.
Consequently, the equity portfolio has become more concentrated, retaining key long-term holdings including Apple (its largest holding), Coca-Cola, American Express, and Occidental Petroleum.
Simultaneously, the firm's cash reserves have surged to an unprecedented $348 billion—an amount comparable to the total held by all U.S. commercial banks at the Federal Reserve.
Additionally, it was announced that the current CEO will step down by the close of 2025. Under his guidance, Berkshire Hathaway achieved a staggering return of 5,502,284% since 1965, dwarfing the S&P 500's 39,054% gain over the same period.
Any VB code you use which newer than 2008, must be from a force labor camp #cent #programming #vb #code #bbh
Dreams are the result of brain activity that occurs during sleep. The neurons in the brain that process visual information are active even when we are asleep. It is possible that these neurons create images and colors.
Community alert: Remain cautious, as requests for payments via direct messages or shared links will never occur. Prioritize safety.
Additional details available from a trusted source.
SUGAR (@atyourservice)
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1/🧵 School's Out: The Case For A Homework-Free Life
Closing from school and going home with the thought that teacher forgot or decided to not give homework that Friday for the weekend, was always a joy for me. #outreach #threadstorm #hivelearners
2/🧵
One thing is clear, students who go home and have a homework-free life especially during the weekends, tend to be more lazy with their studies than those who have homeworks.
3/🧵
Read more about the post here #gosh
https://inleo.io/@merit.ahama/schools-out-the-case-for-a-homeworkfree-life-6xv
This is a real image from #victoryday in #germany, allied #generals handing out $LEO

Awesome!
Logic relies on the assumption that the other party is sufficiently astute, clear-minded, and ethically sound to appreciate nuance and truth. Once it becomes clear that this is not the case, rational discussion loses its value.
When pure reason fails, tactics rooted in persuasion and strategic manipulation come into play to secure agreement where genuine understanding is lacking. And if that proves ineffective, the options are either to withdraw or resort to force.
life is a hustle when you own is ready, you eat!

#photography #cent
Nice photo....
Marlyn 💝 (@marlynmont)
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The platform represents the unfiltered expression of humanity.
I think that's better #bbh
inflames !BBH !LOLZ
lolztoken.com
Because it had two banks.
Credit: reddit
@ben.haase, I sent you an $LOLZ on behalf of master-lamps
(2/10)
Delegate Hive Tokens to Farm $LOLZ and earn 110% Rewards. Learn more.
Oh, Evie needs a team to do this 😂 😂
Small LEO +more for my Staking!
maybe add a avatar
Dope! One game... the possibilities of #hive are huge!

https://inleo.io/threads/view/forkyishere/re-leothreads-2r42aad6l
Kobold Djawa (@kobold-djawa)
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After 112 years of saving every Washington-made crisis, the Fed finally shows some backbone 😂
"FED OWES IT TO AMERICANS TO GET INTEREST RATES DOWN"
Prioritizing liquidity or fostering a community?
Community is #1 priority
Balancing both is key—liquidity powers the engine, but community fuels the journey. Each plays its part in a thriving ecosystem without undervaluing the other
@ultratrain
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Staking +1.5 LEO and I got my first 10 LEO in my wallet... too small for now.
🧵/1 What if children stopped getting homework? Once school ends, they take nothing academic home, no books, no assignments, just rest. Would that be better or worse? Is homework still helping kids learn, or just causing stress?

#outreach #threadstorm #homework
🧵/2 Honestly, I think homework still has value especially when it's linked to what was taught in class. In my house, homework keeps my niece calm, focused, and away from her noisy tab. It brings peace, structure, and bedtime discipline we can’t trade for chaos.
🧵/3 Homework helps kids revise, stay disciplined, and remain mentally engaged after school. It shouldn’t be too hard or off-topic just consistent, simple practice from the classroom. Read more by clicking the link below
https://inleo.io/@eunice9200/the-peace-that-comes-with-homework-abt?referral=eunice9200
#askleo How can I see the LEO richlist?
https://inleo.io/threads/view/libertycrypto27/re-leothreads-36mbe7a4
https://inleo.io/threads/view/khantaimur/re-leothreads-2v7jsjk3u
I was lucky to try delicious and fresh Mangoes today!
Which AI coin stands out today?
Examine relative strength and consider the impact of supply shock.
$AVA
@seki1
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Here is the daily technology #threadcast for 5/8/25. The goal is to make this a technology "reddit".
Drop all question, comments, and articles relating to #technology and the future. The goal is make it a technology center.
Paragraphs
The judge dismissed nearly all of the claims against the "Celebrity Defendants," which include sports stars and others. The court also cleared the "YouTuber Defendants," including influencers who allegedly marketed FTX through social media, of most claims.
The ruling comes after a protracted legal battle in which plaintiffs alleged that the celebrities and influencers were liable for promoting unregistered securities and engaging in deceptive practices.
Earlier this year Nintendo slashed its forecast for sales of the Switch to 11 million units for the year ended Mar. 31. Nintendo on Thursday said it sold 10.8 million units of the Switch in the year, just shy of its own forecast and down 31% year-on-year.
Market research firm Omdia expects Nintendo to sell 14.7 million Switch 2 units in 2025 alone, which would be about 10% ahead of the original Switch's debut year.
"Switch 2 will launch into a stronger position than its predecessor, with over 100 million active Switch users providing a strong foundation for adoption," George Jijiashvili, Omdia's senior principal analyst, told CNBC by email.
Investors are now focused on how the successor to the console, the Switch 2, will perform following its launch. The Switch 2 will start at $449.99 in the U.S. and has improved features compared with its predecessor.
As well as the 15 million unit sales forecast for the fiscal year ending March 2026, Nintendo said it expects to sell 45 million units of software during the same period.
Games are important for the success of any console and Nintendo said the Switch 2 will launch with two titles — "Mario Kart World" and "Nintendo Switch 2 Welcome Tour." There will also be Switch 2 versions of existing games such as "Zelda: Breath of the Wild." Nintendo is leaning on its popular characters such as Mario and Zelda to boost the appeal of the Switch 2.
"This forces Apple to compete," Epic Games CEO Tim Sweeney said shortly after last month's decision. "This is what we wanted all along."
Apple said in the filing that "non-party developers are already seizing upon the Order to reduce consumer choice (and damage Apple's business) by, among other things, impeding the use of" in-app purchases.
Rogers made a criminal referral in the case, saying that Apple misled the court and that a company vice president "outright lied" about when and why Apple decided to charge 27% for external payments. The real decision, the judge said, took place in meetings involving Apple CEO Tim Cook.
Jack Mallers, who rose to fame by launching the Strike payments app, has secured billions of dollars for his bitcoin-holding venture Twenty One, which is backed by SoftBank and Tether.
"What we really pride ourselves on is being blue-chip credibility with startup upside," Mallers told CNBC's Crypto World this week. "We feel like we're big enough to win entering the market with billions of dollars of capital upon launch, but we're small enough to grow and we're small enough to post bitcoin-denominated returns in what's becoming a really competitive capital markets appetite for bitcoin exposure."
The advertising tech company will also obtain a roughly 20% ownership stake in Tripledot Studios, which makes mobile games like Sudoko Friends, Puzzletime and Solitaire Classic. The deal is expected to close in the second quarter of 2025.
AppLovin said it expects second-quarter sales in the range of $1.2 billion to $1.22 billion, trailing analyst expectations of $1.38 billion.
The company reported first-quarter net income of $576 million, or $1.67 per share, up from $234 million, or 67 cents per share, in the same quarter of 2024.
AppLovin's total costs and expenses for the first quarter came in at $820.55 million, representing a 14% increase from the previous year during the same quarter.
But the lawsuit also threatens to ensnare Apple. Google pays the iPhone maker billions of dollars per year — as much as $20 billion per year back in 2022, according to testimony in the trial — to be the default search engine on iPhones. It's lucrative for Apple and a valuable way for Google to get more search volume and users. Apple shares fell 2% during trading Wednesday.
Cue's comments cast doubt on the long-term stability of the relationship. Cue said he believes Google should remain the default search option on Safari, saying he has lost sleep over the possibility of losing the revenue share from the two companies' agreement, according to the report.
The Apple executive said searches on Safari declined for the first time in April, which Cue attributed to the rise in people using AI, according to the report.
A solar-driven water cycle
In a bid to address the global challenge of access to safe drinking water, the team, including scientists from five Chinese research institutions, drew inspiration from the natural porosity of wood, enhancing it with smart materials to engineer a device that captures water more efficiently than most existing technologies, all powered solely by sunlight.
“Our team has invented a device comprising wood’s spongy scaffolding, lithium chloride, iron oxide nanoparticles, a carbon nanotube layer and other specialised features,” Hao emphasized, adding that they also used AI to optimize the material’s performance under varying environmental conditions.
Affordable, biodegradable, and scalable
Hao stressed that the device, despite being small, could be ideal for emergency situations, such as natural disasters that disrupt water supplies, provided the team can scale up and optimize the modular design.
“The current demonstration unit size is 15 cubic millimeters,” Hao said. “It would be very easy to prepare a larger unit, or we can use the units to form an array.”
According to Hou, the device continued to function after being stored at – 4 degrees Fahrenheit for 20 days, demonstrating freeze resistance, and maintained stable performance over repeated use with minimal efficiency loss.
The acquisition positions Coinbase as an international leader in crypto derivatives by open interest and options volume, Greg Tusar, vice president of institutional product, said in a blog post – which could allow it take on big players like Binance. Coinbase operates the largest marketplace for buying and selling cryptocurrencies within the U.S., but has a smaller share of the global crypto market, where activity largely takes place on Binance.
Deribit facilitated more than $1 trillion in trading volume last year and has about $30 billion of current open interest on the platform.
!summarize #ai #technology
Part 1/10:
The End of AI Experimentation: A Paradigm Shift in Enterprise Mindset
In recent discussions about artificial intelligence (AI), there has been a notable shift in perspectives, particularly within enterprises. The era of experimental AI—once defined by cautious exploration and small-scale pilots—is now being replaced by a more assertive approach that emphasizes operationalization and strategic integration. This article explores the latest trends, corporate initiatives, and leaders’ insights that reveal this transformation in how businesses perceive and implement AI technologies.
Transitioning from Experimentation to Operationalization
Part 2/10:
At the core of this evolving narrative is a powerful assertion made by Arman Ruiz, IBM’s VP of product for AI platforms: “The era of AI experimentation is over. It's time to operationalize AI agents in the enterprise.” This statement, highlighted during IBM's Think 2025 conference, captures the essence of a broader sentiment echoed across various sectors. Businesses are moving beyond pilot projects and isolated experiments to adapt their structures fundamentally to incorporate AI into their operations.
Part 3/10:
IBM's recent developments, including pre-built AI agents for various business functions such as HR, sales, and procurement, signify a commitment to this transition. The company aims to leverage these AI solutions to enable operational efficiency while simultaneously addressing governance and observability challenges. Notably, IBM is directly applying these AI enhancements within its workforce, showcasing a practical example of how AI integration can create opportunities rather than merely cut costs.
The Role of AI in Workforce Evolution
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CEO Arvind Krishna revealed that the integration of AI has allowed IBM to replace several hundred HR positions, although he emphasized that this move was additive to overall employment. With an increase in total headcount, IBM demonstrates a strategic approach to reallocating resources. Rather than eliminating jobs, the intention is to reinvest and elevate the workforce into areas requiring critical thinking and human interaction, thus redefining roles instead of simply reducing them.
This perspective aligns with a recurring theme in the AI conversation: while the technology may pose challenges to specific job roles, it also provides avenues for growth and upskilling. Organizations face a choice: adapt to the changes brought on by AI or wrestle with the consequences of stagnation.
Part 5/10:
Industry Momentum Towards AI Deployment
Supporting this new mentality, recent data from the KPMG Q1 AI Pulse Survey indicates that more than three-quarters of organizations with over a billion dollars in revenue are actively deploying AI agents, with an additional 25% in exploratory phases. The increase in daily use of productivity tools—rising from 22% to 58%—reveals a growing acceptance among individual employees as they increasingly integrate AI into their workflows.
Part 6/10:
Furthermore, substantive growth in AI deployment metrics—including call centers, customer-facing agents, and administrative tools—shows a dramatic increase from previous quarters. This rise signifies a movement toward embracing AI as an essential component of operational strategies rather than viewing it as an experimental endeavor.
Changing Sentiments on Job Security
Part 7/10:
With the advancements in AI capabilities, perceptions regarding job security are also evolving. Companies are recognizing that AI's influence reaches every corner of the workforce, necessitating profound changes in how professionals approach their roles. The CEO of Fiverr, Mika Kaufman, articulated this shift bluntly, stating that "AI is coming for your jobs," highlighting the urgency for individuals to adapt and master their respective skills.
Kaufman’s sentiments reflect a broader acknowledgment that as tasks traditionally deemed simple become automated, the demand for specialized skills will intensify. The call to action is clear: professionals must evolve to remain competitive in a rapidly changing landscape.
Opportunities for Proactive Transformation
Part 8/10:
The silver lining in this widespread change is the opportunity for proactive transformation. While organizations cannot control the pace at which AI technology develops, they hold the reins over how they respond to these changes. Companies can design their paths forward, deciding how to reinvest capital saved from efficiency gains and how to foster an upskilled workforce prepared for the AI-driven future.
This proactive approach is crucial in ensuring that the integration of AI leads to positive organizational growth rather than reinforcing fears of job displacement. Embracing this evolution will require mindful and strategic decisions that prioritize investment in education, retraining, and realignment of roles within the workforce.
Conclusion: Embracing the New Reality
Part 9/10:
In conclusion, the shift away from viewing AI as merely an experimental technology is more than just a transformation in language; it signifies a foundational change in enterprise mindset. Organizations must recognize that the real challenge lies in adapting to the operational capabilities offered by AI rather than fearing its implications. While the concerns surrounding job displacement are valid, the emphasis should shift toward harnessing AI to create a more empowered and skilled workforce.
Part 10/10:
As we stand at the precipice of this new era, it’s clear that the message is shifting from caution to action—prompting enterprises and individuals alike to take charge of the future. The time for experimentation has indeed passed; now is the moment for decisive action and proactive adaptation to a profoundly altered landscape.
Steph Curry, Tom Brady and other celebrities excluded from most FTX investor claims, judge rules
A Florida judge ruled that the investors failed to prove the celebrities knew about FTX and CEO Sam Bankman-Fried’s misconduct when endorsing the platform.
A Florida federal judge has dismissed most of the claims against high-profile celebrities and YouTubers who promoted the now-defunct cryptocurrency exchange FTX, including stars like Tom Brady, Gisele Bündchen, Kevin O'Leary, and Stephen Curry.
The ruling narrows the scope of a sprawling multidistrict litigation accusing them of using their fame to market a fraudulent platform.
The lawsuit stemmed from FTX's catastrophic collapse in November 2022, which wiped out billions of dollars in customer funds and triggered investigations worldwide. The plaintiffs accused the stars of being paid millions of dollars to endorse FTX without disclosing their financial incentives, a violation of federal and state advertising laws.
In an order filed Wednesday, U.S. District Judge K. Michael Moore ruled that the plaintiffs, a group of FTX investors, failed to demonstrate that the celebrities had sufficient knowledge of FTX and CEO Sam Bankman-Fried's misconduct to be held liable for promoting the exchange.
Nintendo forecasts sales of 15 million Switch 2 consoles as it gears up for launch
Nintendo said it expects to sell 15 million units of its new Switch 2 console in the fiscal year ending March 2026.
Nintendo said Thursday that it expects to sell 15 million units of its new Switch 2 console in the fiscal year ending March 2026.
It is the first forecast for sales from the Japanese gaming giant since it announced the successor to its successful Switch device, which is due to go on sale in June.
Nintendo also reported results for its fiscal fourth quarter and full year. Here's how Nintendo did in its fiscal fourth quarter ended Mar. 31 versus LSEG estimates:
Revenue: 208.7 billion Japanese yen ($1.45 billion), compared with 216.16 billion yen expected.
Net profit: 41.6 billion yen, versus 33.91 billion yen expected.
Revenue fell 24.7% in the fourth quarter compared to the same period a year earlier, while profit plunged nearly 50%. This was largely expected as Nintendo fans await the Switch 2 and hold off on buying the current console.
Apple says Epic Games contempt ruling could cost 'substantial sums'
Apple wants a court to pause a decision in its case against Epic Games, and allow it to charge commission on in-app transactions that link out for payment.
Apple is asking a court to pause a recent decision in its case against Epic Games and allow the iPhone maker to once again charge a commission on in-app transactions that link out for payment.
Last month, U.S. District Judge Yvonne Gonzalez Rogers in Oakland found that Apple had violated her original court order from the Epic trial, originally decided in 2021, that forced Apple to make limited changes to its linking out policy under California law.
Judge Rogers' new ruling is more expansive, ordering Apple to immediately stop imposing its commissions on purchases made for iPhone apps through web links inside its apps, among other changes.
Apple is now looking to get a stay on that order, as well as another one from the case that prevents it from restricting app developers from choosing the language or placement of those links, until the entire decision can be appealed. Apple says that required changes in their current form will cost the company "substantial sums."
"This is the latest chapter in Epic's largely unsuccessful effort to use competition law to change how Apple runs the App Store," Apple said in the emergency motion for a stay. The motion cites a previous order in the case that found that new linking policies would cost Apple "hundreds of millions to billions" of dollars annually.
Trump crypto advisor David Bailey launching $300 million bitcoin investment company
David Bailey, CEO of BTC Inc. and a Trump crypto advisor, has raised $300 million to launch a publicly traded bitcoin investment company.
David Bailey, CEO of media group BTC Inc., and a key crypto advisor to President Donald Trump, has raised $300 million to launch a publicly traded bitcoin investment company, CNBC has confirmed.
The deal, which has been in the works since January, consists of $200 million in equity funding and $100 million in convertible debt, according to a person familiar with the matter who asked not to be named because the fundraise hasn't been announced. The Information was first to cover the story.
Bailey's company is named Nakamoto, a tribute to the pseudonymous bitcoin creator Satoshi Nakamoto. It will focus on acquiring and holding bitcoin and is set to merge with an existing Nasdaq-listed company in a transaction that's expected to be announced early next week, the person said. The company's public listing is expected this summer.
Nakamoto plans to buy companies around the world, including in Brazil, Thailand and South Africa, and invest its bitcoin into them, the source said. The venture is backed by a roster of well-known investors, with an advisory board that includes prominent figures, the person said.
Arm shares drop on weak forecast
Arm beat on earnings and revenue but issued a disappointing forecast in its quarterly report on Wednesday.
Arm shares dropped more than 8% in extended trading on Wednesday after the chip-design company issued weaker-than-expected guidance for the current quarter.
Here's how the company did in the fiscal fourth quarter compared with LSEG consensus:
Earnings per share: 55 cents, adjusted vs. 52 cents expected
Revenue: $1.24 billion vs. $1.23 billion
While Arm topped estimates for the quarter ended March 31, Wall Street is looking ahead to the company's forecast for the first quarter.
Arm said revenue will be between $1 billion and $1.1 billion. The middle of the range is below the $1.1 billion average analysts estimated, according to LSEG. Earnings per share will be between 30 cents and 38 cents, while analysts were expecting 42 cents.
SoftBank controls about 90% of Arm, and took the company public in 2023. It now has a market cap of over $130 billion as of Wednesday's close.
Arm designs the fundamental architecture upon which many chips are built, and sells licenses for its designs to companies such as Qualcomm and Nvidia, charging royalty fees on each sale they make. The company claims 99% of premium smartphones are powered by Arm technology.
Alphabet shares sink 7% after Apple’s Cue says AI will replace search engines
Eddy Cue, Apple's services chief, said he believes AI services will eventually replace standard search engines such as Google, according to a report Wednesday.
Alphabet and Apple shares sank Wednesday after Eddy Cue, Apple's services chief, said he believes that AI search engines will eventually replace standard search engines such as Google, according to Bloomberg.
Cue said he expects to add artificial intelligence services from OpenAI, Perplexity and Anthropic as search options in Apple's Safari browser in the future, according to the report.
The Apple executive was testifying in a federal court in Washington as part of the Justice Department's lawsuit against Alphabet. Last year, a U.S. District Court judge ruled that Google had illegally dominated advertising technology markets, and now the judge is looking to determine what penalties or actions should be taken against the search company.
One major focus on the case is Google's practice of paying platform providers such as Apple to become the default search engine on their platform.
The lawsuit and any potential remedies threaten Google's lucrative advertising business, and Alphabet shares sank more than 7% on Wednesday.
Smart sponge smaller than a paper clip pulls water from air with 94% efficiency
The device functioned reliably across humidity levels of 30 to 90 percent and temperatures between 41 and 131 degrees Fahrenheit.
Researchers from Australia and China have designed a smart spongy device capable of capturing water from thin air and releasing it in a cup using the sun’s energy, with impressive performance even in dry climates where most other systems fail.
The innovative water-from-air device uses a sponge-like material made from modified balsa wood – the lightest and softest commercial hardwood timber – enhanced with salts, nanoparticles, and a carbon nanotube layer.
Derek Hao, PhD, a materials scientists and environmental engineer at Australia’s RMIT University, and one of the study’s co-authors, revealed that the material absorbs moisture from the atmosphere, and using solar energy, releases the collected water directly into a cup.
The device achieved an impressive water collection efficiency of up to 94 percent in outdoor testing. It additionally remained effective across a broad range of environmental conditions, including humidity levels ranging from 30 to 90 percent, and temperatures between 41 and 131 degrees Fahrenheit.
This, according to the senior researcher, further highlights its potential for use in off-grid and disaster-stricken areas.
What is the most interesting thing you managed to do/create with AI? I'm hearing that people are using it for coding games and apps but it sucked every time I tried to use it for coding
I am a basic user, doing it mostly for research.
There is a skill required to getting these things to work as one wants. To start, there is a difference between models, with some excelling in areas where others lack. Secondly, prompting is an art, to get the model to operate properly.
I get that but I'm not a complete newb when it comes to HTML and I couldn't get it to make some basic stuff work
Btw nice seeing you again Task. Your consistency is on an insane level lol
True, you mentioned the two main factors that influence the results we get from AI tools.
The model and the prompt.
I took some months to study prompting, although I'm not a master yet, but I can currently engineer it to produce almost human quality responses which requires minimal human editing to be perfect
#feedback … iPadOS / Safari

No price @ leodex.io/asset/THOR.TCY
Feliz jueves comunidad, que sea un gran día para todos, que logren cumplir con cada una de sus actividades planificadas para el día hoy, además en este mundo se tiene que aprovechar cualquiera oportunidad que se presente. Éxitos.
#spanish
Just launched a new platform today on a popular community site.
For years, growing an audience on professional networks has been a grind: posting daily, engaging with established profiles, and hoping someone notices, yet many creators still struggle with consistency, engagement, and breaking through the
clutter. Now, a solution is here. Introducing automated, human-powered engagement for professional networks.
This system discards outdated growth tactics and insincere engagement pods, instead offering a natural, strategic approach centered on genuine interaction—not bots or generic comments.
Traditional engagement pods often create artificial conversations. This new platform fosters authentic visibility by connecting creators who truly support each other's work.
It matches users with high-quality peers, automating meaningful interactions that help an audience grow organically—faster, safer, and more intelligently than ever before.
Built on the belief that audience growth should feel natural and that great content deserves real exposure, the platform is the result of relentless work and is already receiving fantastic early support.
#askleo
What was the history of the Russian Revolution?
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A new thread for the first time today. Filling the Leo belly.
!summarize #china #markets #economy
Part 1/9:
Market Update: Turbulent Times for Global Economies
Happy Thursday! In today’s episode of Market Update, we delve into significant financial and economic developments from Asia, Europe, and North America. I’m your host, Tony, currently reporting from Tokyo after my vacation in Bali. Let’s dive into the critical updates shaping our economic landscape.
Rising Tensions Between India and Pakistan
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A sudden military flare-up between India and Pakistan, two nuclear-armed nations, is raising alarms across global markets. The recent tensions were ignited by a militant attack in Indian-administered Kashmir on April 22, which claimed 26 civilian lives. India quickly accused Pakistan of harboring the attackers, resulting in unprecedented air strikes targeting what India termed “terror camps” within Pakistani territory. Pakistan retaliated by claiming the downing of five Indian military jets and asserted that its military was authorized to react at a time of its choosing.
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Though both nations have yet to engage in full-scale war, the rising hostility poses significant economic risks. Investment in South Asia is already constrained by inflation, slow growth, and fragile geopolitical dynamics. Pakistan is particularly vulnerable, relying heavily on International Monetary Fund (IMF) support while grappling with dwindling foreign exchange reserves. “Two nuclear-armed nations simply no one can afford to go in a direction where escalation takes us into uncharted territory,” stated Pakistan’s finance minister.
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For India, perceived as the world’s fastest-growing major economy, conflict complicates its ambitions of becoming a global manufacturing hub. The ongoing hostilities threaten political stability, further deterring foreign investments essential for post-pandemic recovery.
The international response has remained cautious. U.S. President Donald Trump expressed hopes for a quick resolution, but limited U.S. leverage suggests that diplomatic mediation may be challenging. A prolonged conflict could disrupt trade routes, exacerbate regional instability, and derail broader economic goals in South Asia.
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The stakes are high, with both nations holding an estimated 160-170 nuclear warheads. Any miscalculation could escalate into a catastrophic nuclear confrontation, posing severe economic repercussions not just in South Asia but worldwide.
Federal Reserve's Cautious Stance
Turning our attention to the United States, Federal Reserve Chair Jerome Powell announced that the central bank is in no hurry to adjust interest rates amidst the uncertain economic environment shaped by President Trump’s tariff policies. The Fed has maintained its benchmark federal funds rate in a range of 4.25% to 4.5%, unchanged since December of last year.
Part 6/9:
During a recent Federal Open Market Committee meeting, Powell cited rising uncertainties affecting the U.S. economic outlook, warning that sustained tariffs could drive inflation higher, slow economic growth, and lead to increased unemployment. While some expect the inflationary effects to be temporary, others argue it may have more persistent consequences.
Despite pressing from President Trump to ease borrowing costs, Powell’s reluctance reflects a belief in the current approach's flexibility. Economic indicators have shown mixed results, with a contraction earlier this year followed by strong consumer spending in March and job creation exceeding expectations in April.
Part 7/9:
However, concerns about a recession loom as many firms pause investment decisions due to policy uncertainty. The outlook remains clouded, with markets now bracing for volatility as the tariffs seem set to persist.
UK and India’s Historic Trade Agreement
In Europe, the UK and India announced a landmark free trade agreement aimed at fostering economic cooperation amidst increasing global protectionism. This deal, touted as the UK’s first significant trade pact since leaving the European Union, aims to slash tariffs on various goods, significantly impacting cosmetics, automobiles, and alcoholic beverages.
Part 8/9:
While UK Prime Minister Rishi Sunak and Indian Prime Minister Narendra Modi herald the agreement as a strategic response to global trade upheaval, the economic ramifications are deemed modest. Although tariffs on certain UK goods are set to decrease, the expected long-term boost to GDP is estimated to be marginal.
Both countries intend to enhance their trading relationship, currently valued at £42 billion ($57 billion). However, critiques arise concerning potential inequities, such as exemptions from national insurance for Indian workers, causing some political backlash in the UK.
Part 9/9:
Moreover, as the UK seeks further trade agreements, including one with the U.S., it faces minimal leverage in negotiations, particularly concerning American goods that constitute a small fraction of total exports.
Conclusion
In conclusion, the global economic outlook remains precarious, fueled by geopolitical tensions, fluctuating trade dynamics, and evolving monetary policies. As we continue to navigate these turbulent times, staying informed will be crucial.
Thank you for tuning into today’s Market Update. Be sure to subscribe for timely analysis of these monumental developments and more to come. Have a great Thursday; see you soon for the next episode!
Investors are also focused on Nintendo's forecast for the fiscal year. The company expects net sales of 1.9 trillion yen, a 63% year-on-year rise but just short of LSEG estimates of 2 trillion yen. It expects net profit to jump 7.6% to 300 billion yen, below LSEG estimates of 388.8 billion yen.
However, Nintendo noted that all of its forecasts are based on U.S. tariff rates effective Apr. 10 — following a pause in U.S. President Donald Trump's reciprocal tariffs for many countries.
Nintendo in April delayed pre-orders for the Switch 2 in the U.S. after the initial announcement of Trump's sweeping tariffs on countries around the world. Nintendo's consoles are manufactured in Vietnam, which faces duties of 46% once the pause lifts.
!summarize #nyknicks #boston #celtics #nba
Part 1/7:
New York Sports Take Center Stage: Knicks' Triumph Over Celtics
The night was electric in New York City as New Yorkers celebrated a monumental victory in sports, particularly focused on their beloved Knicks. The excitement surrounding the Knicks’ playoff run has reached a fever pitch, bringing back vibrant memories of historic games and reviving the spirit of basketball fans who have endured a long wait for moments like these.
Knicks Defy the Odds
Part 2/7:
The Knicks achieved a remarkable feat, coming back from a 20-point deficit to secure a game two victory against the Boston Celtics. This wasn’t merely a win; it was a testament to their resilience, a demonstration of grit and determination that epitomizes New York’s sports culture. With former star Julius Randle sidelined, it was up to Jalen Brunson, Muel Bridges, and the rest of the team to carry the mantle. Their phenomenal performance not only tied the series but placed them halfway to an elusive Eastern Conference Finals spot, something the franchise hasn't seen in over two decades.
The Energy of the Fans
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Fans across the city exhibited their unwavering support during the game, creating a communal atmosphere filled with energy and hope. The broadcast captured glimpses of fans in Yankee Stadium, where enthusiastic Knicks supporters could be seen cheering and rallying behind their team while other games unfolded. Even amidst the Yankees’ struggles against the Padres, the Knicks’ storyline captivated the audience. In that moment, it became clear—New York is indeed a city that loves its basketball.
Celtics Struggle in the Spotlight
Part 4/7:
The Celtics, defending champions, seemed shaken during this encounter. Their failure to adapt, highlighted by missed opportunities, painted a picture of panic and confusion. After being touted as formidable contenders, Boston managed to miss an unusual number of shots, including a staggering 75 missed three-pointers across the two games. The contrast in performance illustrated a shift in momentum and psychological edges, showcasing the tenacity of the Knicks as they capitalize on Boston's struggles.
A Shift in the Series Dynamic
Part 5/7:
Fans were buzzing about the shift in energy following the Knicks' victory. As the series heads to Madison Square Garden for game three, the expectation is that the home court will reverberate with the passionate cheers of Knicks fans. Many callers expressed their optimism, citing the importance of belief and the camaraderie that sports create among diverse groups of people. The Knicks’ ability to claw back against the Celtics has created hope—a feeling that has been absent for many years.
Looking Ahead: Anticipation for Game Three
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As anticipation builds for the next game, the relevance of belief cannot be understated. Fans are optimistic that the Knicks can continue their path to success, morphing from underdogs to real contenders in the ongoing playoffs. The atmosphere in Madison Square Garden is expected to be nothing short of electrifying as fans hope to witness their team stand strong on home turf.
Closing Thoughts
Part 7/7:
The Knicks' latest victory serves as a defining moment in their season, encapsulating the spirit of New York sports—a city that thrives on resilience and passion. As the series progresses, the dialogue around the Knicks, their performance, and the enthusiastic support will only continue to swell, encapsulating a remarkable chapter in New York sports history. There’s hope, excitement, and a shared belief that perhaps this could be the year the Knicks make a deep playoff run, enriching the city’s fervent sports legacy.
Nintendo's President Shuntaro Furukawa said on Thursday that if additional tariffs are imposed and prices of its goods need to be adjusted, demand in the U.S. may decrease, Reuters reported. Duties could hit profit to the tune of tens of billions of yen, Furukawa added, according to the report.
Serkan Toto, CEO of Tokyo-based games consultancy Kantan Games, said Nintendo's forecasts are typically conservative.
"Nintendo loves lowballing their forecasts, and the current climate around tariffs gives them all the reason to be more cautious than ever," Toto told CNBC.
!summarize #microstrategy #capital #bitcoin #debt #treasury #shares
Part 1/8:
MicroStrategy's Q1 Earnings Call: Bitcoin-Driven Strategy Raises Eyebrows
MicroStrategy, a software company turned Bitcoin accumulation powerhouse, recently concluded its Q1 earnings call, capturing the attention of over 150,000 live viewers. With its stock skyrocketing nearly 250% over the past year, the company has become synonymous with ambitious Bitcoin investment strategies. However, not all stakeholders are celebrating, as the firm announced a major overhaul of its capital plan, doubling its target from $42 billion to $84 billion. This move has raised concerns regarding share dilution and the sustainability of MicroStrategy's aggressive Bitcoin-buying tactics.
A Strong Bitcoin Portfolio
Part 2/8:
MicroStrategy boasts an impressive Bitcoin portfolio, with over 553,000 coins and a year-to-date yield of 13.7% on its Bitcoin holdings. The company's transformation from a software entity to a Bitcoin acquisition machine is evident, indicating a serious commitment to incorporating cryptocurrency into its financial strategy. This bold pivot may position MicroStrategy to capitalize on future Bitcoin surges, but it also brings forth significant questions about shareholder interests amidst the dilutive efforts required to fund its expansive Bitcoin acquisitions.
Controversial Capital Plan
Part 3/8:
The company’s decision to significantly elevate its capital plan has sparked mixed reactions among analysts and shareholders alike. The new $84 billion plan aims to increase the amount of Bitcoin held in the treasury but has also raised alarms about increased share dilution. Critics argue that the strategy could overreach the firm’s original vision and undermine shareholder value.
Key takeaways from the earnings call included a new $21 billion at-the-market common stock offering, an increase in this year's yield target to a range of 15% to 25%, and a boosted Bitcoin gain target from $10 billion to $15 billion. Analysts are divided on whether this aggressive move serves the best interests of shareholders or risks destabilizing the company’s long-term prospects.
Shareholder Sentiments
Part 4/8:
Twitter has been abuzz with varied opinions on MicroStrategy's strategy, as some shareholders feel that the rapid pace of dilution could adversely affect their investments. One user expressed frustration over CEO Michael Saylor's inclination to issue common stock instead of preferred stock that would incur higher interest. Interestingly, despite the concerns, others remain positive about the potential of accumulating more Bitcoin per share, highlighting the complexity and divergent opinions on MicroStrategy’s strategic direction.
Analyst Perspectives
Part 5/8:
Among the analysts, opinions vary widely. One prominent voice expressed optimism about the recent earnings call, countering negativity regarding the dilution concerns. Emphasizing the rationale behind an equity-heavy approach, this analyst argued that increasing shareholder dilution is a price worth paying for solid Bitcoin accumulation—especially if the premium over net asset value (NAV) remains favorable.
Conversely, other analysts call attention to the inherent risks of over-leverage, particularly if the market were to enter a prolonged downturn affecting Bitcoin prices. They caution that high levels of debt could subject the company to liquidity challenges, a scenario that would require careful navigation to avoid potentially catastrophic consequences.
Part 6/8:
Competition and Market Landscape
The cryptocurrency space is becoming increasingly competitive with new entrants like Jack Dorsey’s entity potentially reshaping the landscape. Despite the growing competition, MicroStrategy is differentiated by its size and market presence as it continues to accumulate Bitcoin aggressively. Some analysts posit that MicroStrategy’s established position may provide benefits, such as increased market liquidity, compared to new competitors attempting to carve out market share.
The Future: Optimism or Overreach?
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As MicroStrategy pushes forward with a robust Bitcoin acquisition strategy backed by a substantial capital plan, the question remains: is this trajectory sustainable or indicative of overreach? While the firm’s aggressive stance on Bitcoin could yield substantial long-term benefits, the concerns surrounding share dilution and market volatility cannot be underestimated.
Part 8/8:
Investors and analysts alike will be keenly monitoring how MicroStrategy’s actions unfold in the coming quarters, particularly as the cryptocurrency market ebbs and flows with regulatory and market pressures. The boldness of the company’s moves reflects its deep conviction in Bitcoin, but as the saying goes, "with great power comes great responsibility," and the balance between ambition and caution will be crucial in defining MicroStrategy's future.
!summarize #waymo #robotaxi #autonomy
Part 1/8:
The Robo Taxi Wars: Tesla vs. Whemo
The heated competition between Tesla and Whemo over the future of robo taxis is set to intensify this June when both companies launch their services in Austin, Texas. As these giants roll out their autonomous vehicles, the ongoing debate regarding the viability and efficiency of their respective technologies is becoming increasingly fervent.
A Showdown in Austin
Tesla will introduce its robo taxi service utilizing the Model Y, while Whemo has partnered with Uber to broadening its reach within the area. The atmosphere in Austin promises to be a testing ground for both services with a head-to-head comparison, potentially setting the stage for a larger battle across the United States.
Design and Perception: Safety Concerns
Part 2/8:
A critical aspect of consumer choice may hinge on the appearance and perceived safety of the vehicles. The Whemo robo taxi features an unconventional design that some argue may look less appealing to customers. In contrast, Tesla's Model Y has a more familiar aesthetic, which could inspire greater consumer confidence. This initial impression may significantly influence customer decisions regarding which service to choose as they enter these new autonomous experiences.
The War of Words: Elon Musk vs. Whemo's CEO
Part 3/8:
Elon Musk didn’t hold back during recent discussions, asserting that Whemo’s service is significantly more expensive and highlighting Tesla's advantages in both cost and scale. He criticized Whemo for never having sold a robo taxi ride to the public, a claim that provoked a strong rebuttal from Whemo's CEO, John Craftkick. Craftkick asserted that Whemo provides robust safety features and an efficient operational design, stressing their focus on quantifiable safety benefits despite the costs.
Scaling Challenges
Part 4/8:
One of the most significant discussions emerging from their exchanges relates to scalability. While Tesla boasts the ability to manufacture vehicles en masse, Whemo appears to struggle with the sizable investment required to expand its fleet significantly. With less than 300 cars currently on the road in Austin, concerns arise as to whether Whemo can provide the consistent service necessary to meet consumer demand without relying heavily on Uber’s existing network.
A Lesson from History: Blockbuster vs. Netflix
Part 5/8:
The competitive dynamics between Tesla and Whemo can draw parallels to historical battles in tech. The defensive stance from Whemo's management echoes sentiments once expressed by Blockbuster executives regarding Netflix. Just like Blockbuster underestimated the potential threat from Netflix, Whemo might overlook Tesla's rapidly advancing technology and their capacity for disruption within the autonomous vehicle market.
Confidence in AI's Future
A compelling argument is made regarding the evolution of artificial intelligence in relation to autonomous vehicles. Notably, if Tesla can replicate the progression of AI successes in other fields, as seen with advances in language models, they may be poised to significantly enhance their robo taxi operations in a short timeframe.
Part 6/8:
The Cost Factor: A $180,000 Dilemma
Financial logistics present a daunting hurdle for Whemo. With estimates around $180,000 per vehicle, scaling up would require substantial upfront investment that may not align with the speed at which they need to expand their fleet. Meanwhile, Tesla, with its production capabilities, could potentially offer services in Austin at a fraction of the cost, leveraging economies of scale that Whemo cannot match.
Future Implications: Who Will Prevail?
Part 7/8:
The ongoing competition will not be solely defined by who has the best technology but will also hinge on execution, market presence, and consumer perception. Should Tesla manage to effectively launch its robo taxi service and address any initial kinks in the system, it could gain a significant market advantage over Whemo, which currently appears to struggle to keep pace in a rapidly evolving landscape.
Conclusion
Part 8/8:
As the launch dates of both services approach, stakeholders and consumers alike are eager to see which company will truly represent the future of autonomous public transport. The stakes are high and the outcome of this battle could set a precedent not just for the companies involved but also for the future of transportation on a national and global scale. The forthcoming months will be crucial in determining whether Tesla or Whemo emerges as the dominant player in the robo taxi revolution.
!summarize #elonmusk #robotaxi #tesla
Part 1/10:
Tesla's Robotic Vision: The Alicorn Robo Taxi and Beyond
In a world increasingly dominated by technology and automation, Tesla is at the forefront of an innovative transformation in the transportation sector. Following the latest app updates, it has been revealed that Tesla's much-anticipated robo taxi initiative carries the code name Alicorn — a mythical creature that intricately combines attributes of both a unicorn and a Pegasus. This choice of nomenclature appears to serve as a playful comeback to skeptics who doubted the feasibility of Tesla's autonomous ride-hailing ambitions from the get-go.
Part 2/10:
As Tesla moves closer to realizing the vision of autonomous transportation, new capabilities are emerging within the app's code. Among these features are functionalities related to pickup confirmations, real-time ETA displays, and trip management, which may help facilitate a seamless user experience. The early implementation may initially focus on Tesla-owned Model Y robo taxis, easing the public into accepting this modern mode of transport.
While early reports have indicated a willingness for regular Tesla owners to potentially monetize their vehicles as robo taxis, expectations remain tempered. Many believe that the initial launch will be exclusive to a fleet controlled by Tesla itself, ensuring operational safety and reliability.
Supercharging Made Smarter
Part 3/10:
Tesla's advancements don't stop at autonomous vehicles. A new pilot program is being introduced to refine Supercharger pricing, transitioning from estimated pricing to a real-time basis based on charger utilization. This innovative pricing model, set to roll out across ten Supercharger locations, seeks not only to keep charging costs competitive but also to alleviate growing concerns surrounding the affordability of Tesla's charging services. Evidence shows that, particularly in Europe and North America, Tesla chargers are already about 30% cheaper than other fast-charging alternatives, which positions the brand favorably as competition intensifies in the EV market.
Part 4/10:
Additionally, the company has responded to rising customer dissatisfaction regarding the rising costs associated with Supercharging, showcasing its commitment to being fair and transparent regarding its pricing strategy. However, the pilot project will likely expand only with positive customer feedback accompanying its success.
Cybertruck Developments and Trademark Challenges
Part 5/10:
The anticipation surrounding the Cybertruck has been tempered by Tesla’s recent decision to cancel the range extender feature. This cancellation, communicated to deposit holders through emails, marks a significant disappointment for ardent supporters eager for a longer-range variant. Many are left yearning for fulfillment of the promise of added range, especially for utility tasks such as towing. Although speculation runs rife about a future long-range Cybertruck, the current lack of communication from Tesla remains a concern.
Part 6/10:
On the intellectual property front, Tesla is facing challenges in trademarking the term "robo taxi," which the U.S. Patent and Trademark Office deemed too generic. As Tesla pursues further claims, the road ahead will require strategic navigation through a landscape crowded with competing trademarks. The company's application for Robo Bus has also encountered scrutiny, revealing the difficulty Tesla faces in differentiating its offerings within a rapidly evolving market.
Global Mineral Resources: A Mixed Bag
Part 7/10:
Benchmark's analysis has unearthed substantial mineral potential in Ukraine, highlighting 18 rare earth element deposits valued upwards of $106 billion. However, the ongoing war has severely hindered mining projects, impeding the timely development of these resources. Consequently, Tesla and other industry players eyeing Ukrainian minerals must brace for a prolonged timeline before experiencing benefits from this untapped wealth.
Against this backdrop, an emerging trend has been identified between China and Europe, wherein Chinese manufacturers export plug-in hybrids to circumvent tariffs aimed at fully electric vehicles (BEVs). This strategic maneuver may alter Tesla's competitive landscape in Europe, but the efficacy of rising competition remains to be seen.
Part 8/10:
Tesla's Adaptation and Innovations
Innovation is a hallmark of Tesla's business model, and the latest update boasts new adaptive headlights that enhance driving safety. This feature employs sophisticated technology to adjust headlight intensity based on surrounding traffic, showcasing Tesla's commitment to improving user experiences through technology.
In April, Tesla China recorded a wholesale figure of 58,459 vehicles, reflecting a year-to-date drop of 22.4% compared to the previous year. Given the recent rollout challenges, experts advise caution when interpreting these numbers in the context of ongoing supply chain fluctuations and production limitations.
Rivian's Forecast and Industry Intricacies
Part 9/10:
Meanwhile, Rivian is facing its own challenges, downgrading its delivery forecast due to tariff escalation. The company now anticipates sales of 40,000 to 46,000 vehicles, a reduction from previous estimates. In Q1, Rivian produced 14,600 cars, but is bracing for lower output as it gears up for its upcoming R2 model.
Conclusion: The Road Ahead
Part 10/10:
Tesla's relentless pursuit of innovation, combined with growing industry competition and geopolitical challenges, paints a complex picture for EV outlooks moving forward. With an expanding product lineup, smarter charging strategies, and an eye on intellectual property, Tesla continues to position itself as a leader within the electric and autonomous vehicle sectors. As the landscape shifts and evolves, stakeholders must navigate these intricate dynamics to uncover opportunities for growth and development in the years ahead.
He added that tariffs are creating an "unclear future" for Nintendo, making it "impossible" for any hardware maker to make sales predictions.
"What happens if the tariffs on imports from China stay this high for longer or if they are raised for Vietnam?" Toto said.
"If Nintendo needed to raise prices by $100 or more, all bets would be off and the company would be under enormous pressure in the all important U.S. market."
If Apple succeeds, it will allow the company to roll back changes that have already started to shift the economics of app development. Developers including Amazon and Spotify have been able to update their apps to avoid Apple's commissions and direct customers to their own website for payment.
Prior to the ruling, Amazon's Kindle app told users they could not purchase a book in the iPhone app. After a recent update, the app now shows an orange "Get Book" button that links to Amazon's website.
Epic also plans to introduce new software to allow app and game developers to easily link to their websites to take payments.
!summarize #newtgingrinch #china #enemy #economy #workforce
Part 1/7:
Analyzing Newt Gingrich’s Insights on China and U.S. Economic Strategy
In recent discussions surrounding U.S. relations with China, former Speaker of the House Newt Gingrich offered an insightful take on the current challenges facing both nations, focusing particularly on economic pressures and geopolitical tensions.
The Fragility of China’s Economic Standing
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Gingrich observed that China is grappling with significant stressors. He noted the country's unsustainable policies, particularly the vast number of empty cities constructed under a local government system that profited from continuous construction. This unsustainable economic model has led to a mounting debt crisis, compelling China to confront the necessity of sourcing goods from alternative countries such as Vietnam, India, Mexico, and Brazil.
According to Gingrich, the increasing pressure will force China to reassess its commerce dynamics as it realizes that it is in a precarious position globally, with fewer countries wanting to rely on its supplies. As he articulated, “the economic pressure will get bigger and bigger pretty rapidly.”
Tensions Over Trade and Drug Policies
Part 3/7:
Gingrich's criticism did not spare China’s failure to uphold promises made during previous administrations, notably regarding the trade of fentanyl. He highlighted the grim reality of overdose deaths in the United States and attributed a significant portion of this crisis to China’s strategy of flooding the U.S. market with fentanyl. This tactic is perceived as a deliberate action that undermines American lives and health.
The deepening economic issues and aggressive tactics, including threats towards Taiwan and involvement in financing conflicts in the Middle East, underscore a turbulent period in U.S.-China relations. Gingrich expressed hope for accountability, emphasizing the importance of verifying China's adherence to agreements reached in discussions.
The Value of Dialogue
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Despite the prevailing tensions, Gingrich remarked on the necessity for dialogue. He referenced Winston Churchill's famous saying, “Jaw, jaw, jaw is better than war, war, war,” advocating for continuing talks with China as a means to deescalate the current situation. While acknowledging that previous agreements may be riddled with dishonesty, he emphasized that establishing and monitoring agreements is crucial to ensure compliance on their part.
Domestic Economic Prospects Amid Global Challenges
Part 5/7:
Turning the conversation towards domestic economic prospects, Gingrich expressed optimism regarding the U.S. economy, predicting favorable outcomes in job growth through forthcoming tariff negotiations with countries such as Japan, Korea, and Vietnam. He mentioned the importance of surrounding China with robust economic partnerships that would limit its influence and ability to dominate trade. Gingrich posited that effective tariffs could provide a significant boost to the American economy, potentially leading to a “Trump boom” by next summer.
Cultural and Religious Resurgence
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In a broader societal context, Gingrich touched on the resurgence of conservative values and religious faith in America. He perceived a cultural shift toward finding purpose and meaning through spirituality, drawing links to the uptick in religious practices, particularly among younger generations. He is hopeful that this revival will create a foundation for societal stability and personal fulfillment, which he attributes to the current leadership restructuring a dialogue around faith and values in public life.
Conclusion
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Newt Gingrich's perspectives reveal a nuanced understanding of the intricate web of economic and geopolitical factors at play between the U.S. and China. While recognizing the challenges posed by China’s economic policies and aggressive tactics, he also highlighted the potential for productive dialogue and the importance of maintaining rigorous oversight of agreements. As U.S. domestic policy evolves and cultural values are reassessed, Gingrich expresses a blend of caution and hope for a future rooted in stronger economic foundations and a revived sense of spirituality within American society.
!summarize #trump #trade #uk #economy
Part 1/7:
Trade Talk: Senator Bernie Sanders and Senator Tom Cotton Discuss Tariffs and Global Economic Relations
In a recent discussion on "Special Report," Senator Bernie Sanders weighed in on tariffs and trade agreements, expressing his firm stance against unfettered free trade. Sanders articulated that imposing tariffs arbitrarily on every country without specific reasons is nonsensical and detrimental to U.S. consumers. Having resisted past initiatives like NAFTA and permanent normal trade relations, he criticized trade agreements crafted to benefit corporations at the expense of American workers. He advocates for selective tariffs aimed explicitly at protecting American jobs, as opposed to broad tariffs suggested by the Trump administration.
The Shift in U.S.-U.K. Trade Relations
Part 2/7:
Senator Tom Cotton, an Arkansas Republican and chairman of the Senate Intelligence Committee, joined the conversation to react to President Trump’s announcement regarding a possible substantial trade agreement with the United Kingdom. Cotton described it as a positive step toward more advantageous trade deals with allies like the U.K. He highlighted the past instances where even allied nations have taken advantage of American businesses, making clear that the primary threat to U.S. economic interests remains communist China.
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Cotton emphasized that China has been engaging in unfair trade practices for decades, citing state subsidies, market dumping, and the theft of intellectual property. He expressed hope that the ongoing trade discussions would lead to a comprehensive overhaul of the long-standing trade dynamics between the U.S. and China, which have been a focal point of Trump's economic policy for nearly a decade.
Upcoming Talks with China
Part 4/7:
As the discussion shifted to upcoming negotiations with China, Secretary of the Treasury’s remarks hinted at the precarious nature of U.S.-China relations. Stressing that both nations have shared interests, the Secretary insisted on the need for fair trade. With China facing significant economic pressures, including interest rate cuts due to economic instability, there is palpable urgency for reform on both sides. Cotton suggested that the talks would not immediately resolve the complex issues but are necessary steps to address grievances, noting ongoing strain within China’s economy and labor markets.
The Iranian Nuclear Deal Dilemma
Part 5/7:
Another pressing topic was the potential nuclear deal with Iran. Senator Cotton reinforced Trump's long-standing position that Iran must never be allowed to develop nuclear weapons. Reflecting on discussions from the Munich Security Conference, he responded to J.D. Vance's comments about possible diplomatic paths to integrate Iran into the global economy. Cotton was firm that a successful agreement must entail the complete dismantlement of Iran’s nuclear program, with no room for enrichment capabilities that could lead to weaponization.
Part 6/7:
He underscored the urgency to reach a resolution quickly, alluding to the need for a robust deal that prevents Iran from acquiring any nuclear weapons capability. The notion that even low-level uranium enrichment could lead to higher levels of enrichment for weaponization was a significant concern, suggesting that strict limitations must be imposed on Iran's nuclear activities.
Conclusion: The Need for Strategic Trade Policies
Part 7/7:
The discussions among Senators Sanders and Cotton illuminate the divergent perspectives within U.S. trade policy debates. While Sanders emphasizes protecting American workers through selective tariffs and cautious trade dealings, Cotton advocates for aggressive stances to combat unfair practices and promote America’s economic interests, especially against formidable competitors like China and nations like Iran that threaten global security.
As negotiations unfold, the focus remains on establishing fair trade models that benefit U.S. interests, safeguard national security, and promote equitable relationships with global partners. The pathway ahead will require strategic policymaking, robust diplomatic engagement, and a commitment to uphold American economic standards on the world stage.
Wednesday's filing from Apple doesn't address Rogers' accusations that the company misled the judge, but it does argue that the ruling was punitive. Apple's lawyers also claimed that civil contempt sanctions can only coerce compliance with an existing order, not punish non-compliance.
Apple said earlier this week in a court filing it would appeal the contempt ruling.
"We've complied with the court's order and we're going to appeal," Cook told investors on the company's quarterly earnings call last week.
!summarize #stock #interestrates #crash #market
Part 1/9:
The Impending Risk of a Reverse Market Crash
In recent discussions regarding economic forecasts, a pressing question has arisen: Is a breaking point imminent for the current administration’s economic policies? Michael Burry, known for his predictive prowess, has bet against the market, stirring debates about whether the administration is merely attempting to prolong the inevitable until its term concludes.
A Warning of Market Dynamics
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During the conversation, the participants explored the concept of a potential market crash and what it could entail. One notable point made was about the phenomenon of a “market crashing up,” drawing parallels to Venezuela's economic experience. The essence of this argument hinges on the trillions of dollars printed and injected into the economy, asserting that this opulence does not benefit everyone equitably.
Part 3/9:
The proponents of this view suggest that the newly printed money will flow disproportionately to those who already possess wealth, thereby widening the gap between the rich and the poor. They argue for caution in anticipating interest rate reductions, suggesting that a drop might skyrocket housing prices. For instance, the discussion pointed out that a drop in rates might turn a $900,000 house into a $1.4 million property, further solidifying economic divides.
The True Nature of Wealth and Economic Growth
Part 4/9:
The conversation also brought to light the unsettling fact that many individuals are struggling financially with significant housing costs, indicated by rising rental numbers amidst soaring real estate prices. The consequence of this economic behavior is the displacement of middle-class families, amplifying a sense of economic instability. The participants voiced genuine concern for these individuals, acknowledging that many people struggle to afford even basic housing, reflecting ongoing strikes across the U.S. as workers express their inability to sustain their livelihoods.
Part 5/9:
Criticism was directed towards the Federal Reserve’s willingness to lower interest rates in a bid to stimulate the economy without recognizing the long-term repercussions. Participants declared that doing so could create a significant imbalance reminiscent of the economic turmoil seen in Venezuela, which has suffered from mismanaged monetary policies.
The Dangers of the Current Economic Environment
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The conversation outlined an alarming assessment from influential financial executives, such as Jamie Dimon, CEO of JPMorgan Chase, who described the present as potentially one of the most dangerous economic periods witnessed in decades. The participants speculated on the influence of political pressures on Federal Reserve decisions, particularly as the 2024 elections approach. Economic conditions are critical, as voters generally become less tolerant of economic hardship when it begins impacting their quotidian life.
They highlighted that previous high-interest rates could have been a corrective mechanism in a market saturated with irresponsibly low and artificial financial stimuli.
The Future: Risks and Diversification
Part 7/9:
The discussion culminated in strategies for navigating this unpredictable environment, emphasizing the necessity of diversification. Participants advised the audience to hedge against economic uncertainties by investing in different assets, including gold and cryptocurrency like Bitcoin, which is gaining traction and hitting significant value milestones.
As the conversation drew to a close, notable remarks were made regarding the lack of valid forecasting models and the unprecedented challenges posed by the financial landscape created post-COVID-19. The fear expressed was that those unprepared for the forthcoming changes could face drastic financial losses while those who have planned and diversified may thrive.
Conclusion: Preparing for Economic Disruptions
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In a world rife with economic uncertainty, the discussion left audiences with critical insights on the factors threatening the financial stability of the average American. It served as a poignant reminder that the policies set forth by government entities and market dynamics significantly impact individual experiences.
As the economy grapples with the ramifications of aggressive monetary policies, smart investment decisions and a cautious outlook toward interest rates will become paramount in the months ahead. The widening gap between the wealthy and the less affluent is a grim reality if action is not taken to address systemic discrepancies, requiring attention from both policymakers and the public alike.
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In uncertain times such as these, stakeholders must remain vigilant and prepared for the ramifications of potential economic shifts while advocating for balanced policies that foster inclusive growth across all economic spectrums.
!summarize #fsd #cnbc #tesla #bias #media
Part 1/10:
The Bias in Reporting Tesla's Full Self-Driving Technology
In a rambling exploration of bias in automotive journalism, particularly regarding Tesla's Full Self-Driving (FSD) technology, the speaker expresses a palpable frustration with how CNBS, a news outlet, covers the Tesla narrative. They posit that the considerable advertising budgets of rival automakers create a conflict of interest, leading to negative portrayals of Tesla in media outlets that rely on those funds.
Part 2/10:
The circumstantial evidence of a critical bias emerges from a recent video titled "Is Tesla FSD finally full self-driving?" which coincidentally aired shortly before Tesla's expected launch of its robo-taxi service in Austin. The speaker quotes numerous comments extracted from the video, revealing viewers’ strong sentiments of discontent towards what they perceive as a misrepresentation or hit piece against Tesla's FSD capabilities. Several comments point towards a sneering tone, labeling a featured lawyer as deceitful, highlighting how the video seems to propagate doubt about FSD's current capabilities.
Viewer Reactions: A Common Theme of Distrust
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The speaker dissects viewer reactions, emphasizing a common theme in the comments: accusations of deceit and bias. Users describe the video as a "disgusting hit piece" and argue that it underscores misinformation about FSD, given the software’s continuous improvements. Many viewers express indignation, feeling that the media embodies a narrative aimed at undermining Tesla as it prepares to disrupt the automotive industry with its automated driving solutions.
Part 4/10:
Through these comments, the speaker suggests a broader question about the limitations of credibility for media outlets like CNBS, especially when significant automotive advertisers are likely funding their operations. This concern is amplified further by the fact that Tesla does not engage in advertising on these networks, raising questions of why such narratives persist.
Debunking Myths and Highlighting Improvements
The article reflects on the actual functionality of Tesla's FSD; it operates under a "supervised" label, requiring human oversight for safety. While acknowledging that FSD technology is far from perfect, the speaker cites improvements over time, arguing that the software's gradual evolution warrants more positive membership in discussions.
Part 5/10:
The technology has reportedly improved significantly over the years, with Tesla owners emphasizing the extraordinary capabilities it has garnered. Critics seem to latch onto outdated assessments of FSD, failing to recognize how far the software has advanced since earlier versions. As the speaker explains, this improvement in software is akin to the evolution one would observe in a growing child, indicating tremendous potential despite current operational parameters.
The Role of Expert Opinions in Shaping Perception
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Customization in how Tesla's technology is perceived is largely influenced by identified "experts" within the video. The speaker highlights the significant involvement of individuals previously debunked for their negative analyses, implying that expert opinions often serve more profound commercial interests instead of providing an objective viewpoint. This admission leads into a discussion about the media's responsibility to comprehensively and accurately frame discussions surrounding rapid technological advancements.
Part 7/10:
Critiques of the media's portrayal of FSD extend beyond mere bias; it delves into ethical considerations regarding how audiences understand and react to Tesla's evolving automotive technologies. Further, the speaker mentions potential safety implications stemming from poor understanding of FSD's capabilities by the public—an argument subtlety focused on how critical education on these technologies is, rather than paranoia and criticism.
Safety and the Path Forward for Autonomous Driving
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As Tesla moves towards an anticipated launch of its fully autonomous robo-taxis, there is a sense of urgency coupled with skepticism. Many experts, cited later in the video, argue against rolling out autonomous solutions without meticulous regulatory scrutiny and checks and balances that ensure safety.
However, the speaker reflects on Musk's assertiveness, promoting potentially significant societal transformations through increased automation, emphasizing that safety remains a paramount focus. Skeptical experts warn against the rush to introduce operational autonomous vehicles into public spaces, encouraging a more measured approach.
Conclusion: A Call for a Balanced Dialogue
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As discussions evolve surrounding Tesla's FSD technology and its abilities, it becomes evident that the technology is maturing, yet still requires consumer engagement and driver awareness to maintain safe practices. The speaker ponders the possibility of a dialogue that fosters constructive discourse, acknowledging advancements without dismissing valid concerns about safety being lost amidst hype.
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Ultimately, the exploration reveals a dynamic landscape within the discussion of Tesla's FSD technology. As the speaker contemplates returning to this discussion in the future, it underscores a vital takeaway: a well-informed public, facilitated by balanced media representation, may be the key to the rightful embrace of engaging technological advancements that promise to redefine the future of transportation.
!summarize #titanic #pinkmist #death
Part 1/8:
The Risks of Extreme Adventure: A Dive into Space and the Depths of the Ocean
In recent months, conversations surrounding space and deep-sea exploration have gained traction, especially following high-profile missions led by billionaires. Among these, figures like Jeff Bezos and the infamous Titanic expedition captured public fascination and concern.
The discussion ignites curiosity about the inherent risks associated with such extravagant endeavors, specifically contrasting space travel with deep-sea exploration. Spacecraft like Bezos's Blue Origin are perceived to be significantly safer than submersible crafts that venture to the depths of the ocean, like the one recently involved in a tragedy while attempting to reach the Titanic wreck.
The Titanic Submersible Incident
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In a tragic mishap, a submersible that aimed to explore the Titanic wreckage suffered a catastrophic failure. Reports indicate the vessel sent a distress signal before disappearing under extreme pressure—and the aftermath was grim. Speculations reached an excruciating climax when a CGI recreation illustrated the horrifying physics of implosion under water pressure. The simulation suggested an almost instantaneous demise for those aboard, turning them into a "pink mist" due to the massive underwater force.
Part 3/8:
This incident has prompted a deeper reflection on the risks of adventure tourism, particularly when families are involved. The conversation suggests that perhaps this tragic venture was driven by a "wild" idea from a billionaire father wanting to share an extraordinary experience with his son. A daring adventure driven by excitement merits scrutiny, especially when it comes at such a potentially dire cost.
Capitalism and Adventure Tourism
Part 4/8:
Following the incident, a debate unfolded on whether this tragic event would deter or transform the underwater exploration industry. Some posited that capitalistic innovation would respond to the opening in the market by developing safer alternatives. The idea being, rather than shutting down such tourism, the events might catalyze advancements in safety measures.
The conversation echoed sentiments familiar in the realm of American capitalism, suggesting that there would always be entrepreneurs eager to capitalize on new opportunities arising from adversity. There's a notion that upon assessing failures, there's potential to engineer solutions or "luxury vessels" capable of maneuvering risks once thought insurmountable.
Reevaluating Adventure Perception
Part 5/8:
However, the podcast participants further dissected the societal implications of thrill-seeking, branding such deep-sea exploration as "death tourism." They challenged whether the allure of witnessing historical remnants like the Titanic could justify the risks involved. Would individuals put themselves in harm's way to say they experienced something akin to folly?
In a world where adventure tourism escalates in popularity, the desire to claim a unique experience sonorously resonates with modern culture—yet could be perceived as reckless. The mere thrill of declaring, "I saw the Titanic" during social gatherings might not land the same kudos one would expect in the age of Instagram, where such feats are tragically overshadowed by the very risks they pose.
Part 6/8:
Space Tourism: A Forecast of Future Risks
Looking ahead, speculation about space tourism is similarly rich with potential risk-laden scenarios. Many anticipate that the first luxury space travelers—likely wealthy, thrill-seeking adventurers—will emerge soon. While the promise of space exploration as a thrilling holiday destination tantalizes, it comes with a clear acknowledgment of risks, forecasting possible accidents that may arise.
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The conversation acknowledges that while such frontier explorations, be it underwater or beyond Earth's atmosphere, continue to attract wealthy participants, they also remain fraught with danger. As innovative technology facilitates these extreme experiences, the prevailing sentiment suggests that humanity's quest for adventure and unique experiences might go hand-in-hand with an acceptance of the potential for peril.
Conclusion: The Tangled Appeal of Adventure
As discussions weave between space and oceanic exploration, an underlying narrative takes shape about societal attitudes towards adventure, risk, and legacy. People are driven to pursue extraordinary feats, even amid risks, signifying a profound thirst for experiences that resonate within modern culture.
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The challenge remains as to how society will balance ambition with safety, or whether the allure of adventure will engender ever bolder endeavors, ultimately leading to an acceptance or, indeed, glorification of risk. Whether seeking the depths of the ocean or the far reaches of space, the conversation surrounding these adventures will only grow more robust as technology and capitalism forge ahead into the unknown.
Bitcoin investment firms raise large sums of money, often through a mix of equity and debt, to buy and hold bitcoin. Their stock becomes another way for investors to bet on the price of bitcoin.
Michael Saylor, founder of Strategy (formerly MicroStrategy), popularized the model, converting its cash reserves into bitcoin beginning in 2020. The move transformed the software company into a de facto bitcoin holding company, with the value of its stock soaring as bitcoin rallied. It's now one of the world's largest owners of bitcoin.
!summarize #universe #hologram #jennalevin
Part 1/7:
The Mysteries of ER = EPR: A Deep Dive into Quantum Entanglement and Wormholes
Einstein's theories have long intrigued scientists, and the concept of ER = EPR is no exception. This equation brings forth a profound relationship between quantum entanglement and the intricate geometry of space-time. In this exploration, we delve into how entangled particles may be connected by non-traversable wormholes, a notion that reshapes our understanding of the universe.
Understanding ER = EPR
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The equation ER = EPR, which stands for the Einstein-Rosen Bridge and the Einstein-Podolsky-Rosen paradox, theorizes a deep link between entangled particles and the physical structure of space-time. Its implications suggest that entangled particles might be interconnected through tiny wormholes, fundamentally altering our comprehension of their relationship.
Currently, this theory remains a conjecture. While compelling, it is not something that can be precisely calculated from specific data to reach definitive conclusions. However, its implications and potential truths inspire researchers, leading to ongoing efforts to formalize this intuition into rigorous science.
The Role of Holography
Part 3/7:
To fully grasp ER = EPR, one must also understand the concept of holography. Juan Maldacena, who contributed significantly to this understanding, along with Leonard Susskind, posited that black hole entropy is directly proportional to the area of the black hole’s event horizon rather than its volume. This concept suggests that all information within a black hole is encoded on its surface, raising philosophical questions about the nature of reality itself.
This idea of holography implies that maybe our entire universe operates as a holographic projection of a lower-dimensional surface. The universe we perceive could be a three-dimensional illusion, all encoded on a two-dimensional boundary, a theory that remains highly debated among physicists.
Maldacena's Brilliant Contribution
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One of the most pivotal contributions to this field came from Juan Maldacena, whose work in the late 1990s introduced the concept of a universe within a box, often referred to as anti-de Sitter space. His findings showed that a gravity-filled universe inside this "box" has an equivalent description on its boundary without gravity.
This theoretical equivalence suggests that the interior universe acts as a holographic projection of a border devoid of gravity, leading to a groundbreaking understanding that information cannot be lost in these systems. This resolves the paradox regarding information loss associated with black holes and posits that information retains its integrity even in the existence of gravitational forces.
Connecting Quantum Mechanics with Space-Time
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The essence of ER = EPR lies in the representation of quantum entanglement through visual means. Here, the concept of wormholes – tiny non-traversable bridges between points in space-time – becomes crucial. The proposition suggests that the interior components of a black hole are quantum-entangled in the same manner as particles in the EPR paradox. This means that the information lost within a black hole could be preserved and could potentially be retrieved through quantum entanglement with the Hawking radiation escaping the black hole.
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In a metaphorical sense, one might visualize a black hole not as a solid mass but rather as a structure intricately woven together by these quantum wormholes. The surrounding event horizon may seem like a solid barrier, yet upon closer examination, it is embroidered with quantum entanglements that facilitate a connection across vast distances.
The Challenges Ahead
While the conceptual framework laid out by ER = EPR offers significant insights, it also presents considerable challenges. The exact mechanisms that govern the retrieval of information through these non-traversable wormholes are not entirely understood. Most exploration of this theory remains in the realm of theoretical toy models, like anti-de Sitter space, rather than direct applications to realistic black holes.
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Researchers acknowledge the abstract nature of this theory. While it provides a pathway to understanding the complex interplay between quantum mechanics and gravitational systems, a more comprehensive understanding and practical application remain distant goals, necessitating further empirical exploration and theoretical refinement.
As we push the boundaries of physics and our understanding of the cosmos, concepts like ER = EPR not only provide a route to unravel fundamental mysteries but also provoke ongoing debates about the very fabric of reality itself. As scientists continue to grapple with these ideas, our understanding of space, time, and information will undoubtedly evolve in fascinating ways, illuminating one of the many enigmas of our universe.
soltecno (@soltecno)
Ready to cook up something delicious and earn $5–$8 in crypto?
Earn Crypto by Recreating One of José’s Featured Recipes!
Join the No Way José Cuisine Challenge and get rewarded for recreating one of José’s featured recipes!
https://youtube.com/shorts/lZo-2dDT8oo
How It Works:
1️⃣ Choose a recipe from the challenge page
2️⃣ Recreate it at home
3️⃣ Share your results on Hive with:
The hashtag
#waivio
Two or more original photos
This link to the recipe of your choosing
https://nowayjosecuisineshop.com/object/2phxn7-challenges
What You Get:
Every quality submission earns $5–$8 in WAIV tokens, which can be converted into BTC, ETH, or swapped to HIVE.
✨ This isn’t a contest — everyone who cooks and shares gets rewarded. Just make it yours!
Let’s cook, post, and earn together! 🍲
#feedback
Rafiki issuing errors. Not providing any answers.
Prioritizing these steps can pave the way to wealth over the coming 5–10 years:
It's getting worse. 👀
https://inleo.io/@wiseagent/flaming-speeches-9zw
An insightful query that merits a deep dive.
"Who is directing these activist judges to obstruct Trump's agenda? Are they under pressure to hide previous misdeeds?"
1/🧵 Have you lost a credit card before, how did you feel at the time.

#outreach #threadstorm
2/🧵 I made myself a pouch to hold my valuables after losing my credit card.
I know that guys love wallet but ladies prefer colorful pouches. How best do you keep your credit cards if you do not like using any of the above mentioned.
3/🧵 You can checkout the making process of my pouch here.
https://inleo.io/@monica-ene/sewing-myself-a-pouch-to-keep-my-credit-cards-and-fiat-l5b?referral=monica-ene
https://inleo.io/threads/view/taskmaster4450le/re-leothreads-78mmrlwh
Cherry (@charmingcherry)
Ready to cook up something delicious and earn $5–$8 in crypto?
Earn Crypto by Recreating One of José’s Featured Recipes!
Join the No Way José Cuisine Challenge and get rewarded for recreating one of José’s featured recipes!
https://youtube.com/shorts/lZo-2dDT8oo
How It Works:
1️⃣ Choose a recipe from the challenge page
2️⃣ Recreate it at home
3️⃣ Share your results on Hive with:
The hashtag
#waivio
Two or more original photos
This link to the recipe of your choosing
https://nowayjosecuisineshop.com/object/2phxn7-challenges
What You Get:
Every quality submission earns $5–$8 in WAIV tokens, which can be converted into BTC, ETH, or swapped to HIVE.
✨ This isn’t a contest — everyone who cooks and shares gets rewarded. Just make it yours!
Let’s cook, post, and earn together! 🍲
#weighwatchers is insolvent - management isn't that good at counting #lmao #cent #bbh
Grenze jetzt zu?
Here is the proverbial thread for leoai data and food to eat.
!summarize #enterprise #ai
Part 1/8:
OpenAI’s Seven Lessons for Enterprise AI: A Transformational Guide
OpenAI recently released its first enterprise-focused report, outlining seven crucial lessons designed to guide companies as they integrate artificial intelligence (AI) into their operations. This comprehensive document serves as a blueprint, emphasizing that organizations should treat AI as a transformative infrastructure shift rather than merely a series of pilot projects. The lessons presented are not merely theoretical; they are backed by case studies from various companies that have successfully implemented these practices.
Lesson 1: Start with Evaluation
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The first lesson highlights the importance of using a systematic evaluation process to measure AI model performance against specific use cases. OpenAI underscores that evaluation should involve rigorous testing and validation. Successful evaluations could lead to more stable and reliable AI applications.
For instance, Morgan Stanley, which is quoted in the report, focused on three evaluation metrics: language translation accuracy, summarization quality, and human trainer comparisons of AI outputs. This rigorous approach instills confidence in the deployment of AI tools across the organization.
Lesson 2: Embed AI into Your Products
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In lesson two, OpenAI advocates for integrating AI into products instead of considering it solely a productivity tool for employees. Indeed, a case study highlighted the integration of OpenAI models into their job-recommendation process. This move increased job applications by 20% and resulted in a 13% uptick in application success. The takeaway is clear: AI can reshape not just productivity but also how organizations design their products and connect with customers.
Lesson 3: Start Now and Invest Early
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The third lesson emphasizes that the best time to invest in AI was yesterday, but the second-best time is today. Using the example of CLA, OpenAI illustrates how the benefits of AI compound over time. Starting small can lead to significant long-term value, thereby reinforcing the notion that investing in AI should be an urgent priority rather than a deferred plan.
Lesson 4: Customize and Fine-Tune Your Models
Customizing and fine-tuning AI models is crucial. OpenAI describes this lesson as relatively self-explanatory: while off-the-shelf models are effective, providing specific context and data greatly enhances their performance. Organizations are encouraged to fine-tune models to improve accuracy, ensure industry-specific language proficiency, and achieve quicker outcomes.
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Lesson 5: Get AI in the Hands of Experts
The fifth lesson revolves around empowering domain experts within an organization to harness AI effectively. The example of BBVA, a global banking giant, demonstrates how the bank encouraged employees to create custom GPTs tailored to their specific roles. This customization allows for more relevant and effective AI applications that align closely with each team's unique needs.
Lesson 6: Unblock Your Developers
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Lesson six addresses a common issue: many developers are hesitant to adopt AI technologies. This hesitation often stems from a lack of tools designed for enterprise-level applications. OpenAI cites the example of Mercado Libre’s developer platform, Verie, which helps accelerate AI development by integrating language models with Python and APIs. By easing the development process, companies can encourage wider adoption of AI technologies.
Lesson 7: Set Bold Automation Goals
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Lastly, OpenAI stresses the importance of establishing ambitious automation goals. They emphasize the need for a mindset shift, encouraging companies to identify and automate inefficient processes. Just being aware of places where AI can make life easier isn’t enough; organizations must actively seek out opportunities to automate.
Casper DeFi’s comment summarizes the essence of the report succinctly: "AI is not another IT upgrade. It’s a complete reset of how companies work." Leaders who understand this distinction will position themselves effectively for the future.
Conclusion
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The core takeaway from OpenAI’s report is that companies must treat AI integration as a serious commitment to infrastructure transformation rather than a series of isolated experiments. By adopting these seven lessons, businesses can not only adapt to the rapidly evolving technological landscape but also thrive within it. As AI continues to evolve, companies willing to build, tune, automate, and iterate will lead the way towards a more efficient and innovative future.
Royalty revenue in the quarter rose 18% from a year earlier to $607 million.
Net income fell 6% to $210 million, or 20 cents a share, from $224 million, or 21 cents, in the year-ago quarter. Revenue jumped 34% from $928 million a year earlier.
AppLovin shares pop on earnings beat as it announces sale of mobile gaming business
AppLovin shares soared in extended trading after the company beat first-quarter expectations and announced the sale of its mobile gaming business.
AppLovin shares soared as high as 15% in extended trading after the company reported earnings and revenue that beat expectations and announced the sale of its mobile gaming business.
Here's how the company did compared to LSEG consensus estimates:
Earnings: $1.67 per share vs $1.45 per share expected
Revenue: $1.48 billion vs $1.38 billion expected
AppLovin also agreed on Wednesday to sell its mobile gaming business to Tripledot Studios in a deal worth $400 million in cash considerations.
The ad-tech firm said in February that it had signed a term sheet to sell its apps business for "total estimated consideration" of $900 million, which included $500 million in cash.
AppLovin's business has been split between advertising and apps, which is primarily made up of game studios that the company has acquired over the years. With the historic growth in its advertising unit, due to rapid advancements in artificial intelligence, the apps business had become much less important.
Sales of the company's apps-related business for the quarter came in at $325 million, which was a 14% decline from the prior year.
The company logged $1.16 billion in first-quarter advertising sales, up from $678 million a year ago.
!summarize #china #switzerland #trade #tariffs
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President Trump’s Stance on China and Upcoming Trade Talks
President Trump has reaffirmed his hardline position on tariffs levied against China, maintaining that he will not reduce the current 145% tariffs, despite calls for concessions from Beijing. In remarks made during a recent interview, Trump indicated that substantive negotiations could only commence if China agrees to comply with U.S. demands, especially regarding the flow of fentanyl, a significant drug trafficking issue impacting the United States.
Trade Talks in Switzerland
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Authorities from the U.S. Treasury Department, including Secretary Scott Bessent, are set to meet with Chinese officials in Switzerland for a series of trade talks aimed at addressing ongoing trade imbalances and compliance issues. The President expressed hope that these discussions would lead to meaningful action against the influx of fentanyl from China, a topic he claimed was previously part of an understanding with Chinese President Xi Jinping during his last visit.
China’s Economic Stimulus Measures
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Amid escalating tensions with the U.S., China has recently implemented a substantial economic stimulus package totaling $291 billion, which aims to boost its struggling economy that has been hit hard by U.S. tariffs. According to expert Gordon Chang, while these measures are significant, they are inadequate to address the fundamental issues plaguing China's economy. Chang argues that reforms under President Xi Jinping are unlikely to occur, which exacerbates the situation.
Historical Trade Deal Failures
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During the discussion, Gordon Chang emphasized the historical pattern of trade deal violations by China. He underscored that previous agreements, including those made in January 2020, were not honored, with China fulfilling only 58% of its commitments. Chang warned that the U.S. should refrain from reducing tariffs until China fully adheres to its obligations, citing the need for accountability in any negotiated agreements.
Human Rights Concerns: The Case of Jimmy Lai
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In addition to economic discussions, President Trump intends to advocate for the release of Jimmy Lai, a prominent Chinese entrepreneur who has been imprisoned in Hong Kong under dubious charges. Chang highlighted the importance of keeping Lai's plight in public discourse, asserting that sustained attention to human rights violations is critical to prompting change in China. He commended President Trump for his commitment to not let this issue fade, recognizing the greater implications for democracy in Hong Kong.
Rising Protests in China
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In light of economic troubles stemming from U.S. tariffs, protests are seemingly increasing among Chinese factory workers demanding back pay. This unrest indicates a broader distress within the Chinese economy, characterized by contracting manufacturing activity and plummeting exports. Chang noted that if these protests persist, the Chinese Communist Party may struggle to maintain control, highlighting the volatility of the Chinese populace in times of economic hardship.
President Trump’s Influence in the Middle East
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As the President prepares for an upcoming trip to Saudi Arabia, discussions regarding Trump's role in reshaping Middle Eastern dynamics are prominent. Chang pointed out that countries like Syria are seeking to align more closely with the United States for trade and investment, hoping to counteract increasing Chinese influence in the region. The anticipated meeting with the new Syrian president could signify a pivotal moment in U.S. relations with Middle Eastern nations, suggesting an opportunity for American businesses to re-establish a foothold in the region, contrasting previous military engagements.
Conclusion
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The upcoming trade talks and geopolitical meetings signify crucial steps in addressing the multifaceted issues between the U.S. and China, alongside wider implications for global trade dynamics. President Trump's firm stance on tariffs, the human rights advocacy surrounding cases like Jimmy Lai's, and the rising unrest within China provide a complex backdrop to the negotiations. As the global landscape continues to shift, the outcomes of these developments will likely resonate far beyond the immediate trade deals, impacting both U.S. domestic policy and international relations in profound ways.
AppLovin's stock surged over 700% in 2024 and was the top performer in the sector, thanks to the AI boom and growth in online advertising.
But the company's shares dropped 12% in February after short sellers published reports casting doubt on its AI-powered AXON advertising software.
Separately, AppLovin published a blog post on Wednesday, describing a proposed deal with ByteDance's TikTok. The company said it would not buy the TikTok U.S. operations but rather merge with the social media company, allowing it to cover "all assets outside China."
"We see this as a true partnership, leveraging our strengths to address security, data, and content challenges while unlocking massive potential," the company said in the blog post.
AppLovin CEO Adam Foroughi previously told CNBC's "The Exchange" in April that its proposal involving TikTok represented a "much stronger bid than others."
Last month, President Donald Trump extended the deadline a second time for ByteDance to sell TikTok to an American buyer or be effectively banned in the country.
"If you pair our algorithm with the TikTok audience, the expansion on that platform for dollars spent will be through the roof," Foroughi said at the time.
!summarize #uk #trade
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Trump's Announcement on UK Trade Deal
In a recent update shared via Truth Social, former President Donald Trump has made a significant announcement regarding trade relations between the United States and the United Kingdom. He confirmed that the UK will be the first major country to enter into a comprehensive trade agreement with the United States post-presidency.
Trump expressed his enthusiasm for this development, stating that the agreement is intended to "cement the relationship with the U.K. for many years to come." He emphasized the honor he feels in naming the UK as the first country to embark on this new trading path, indicating a shift in how international trade deals might unfold under his influence.
Implications of the Trade Deal
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This agreement is notable not only for its timing but also for its potential ramifications on U.S.-UK relations. By positioning the UK as the first key partner in trade negotiations, Trump is signaling a commitment to strengthening bilateral ties that have historically been strong.
The comprehensive nature of the deal suggests that it will cover various sectors and could result in significant changes in the trading landscape between the two nations. This sort of agreement could pave the way for future deals with other countries, and Trump's focus on the UK could underscore a strategic preference for countries with longstanding ties to the U.S.
Responses and Reactions
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The announcement has garnered a range of responses from political analysts, economists, and the general public. Supporters of the deal argue that it has the potential to boost economic growth and job creation in both countries, while critics raise concerns about the long-term implications on regulatory standards and tariffs.
Regardless of the divided opinions, Trump's announcement serves as a reminder of the persistent importance of international alliances in trade affairs. The emphasis on the UK's status as the first country in this new chapter highlights the country's unique position in the U.S. trade framework moving forward.
Conclusion
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As the situation continues to evolve, the ramifications of Trump's newly announced UK trade deal will be closely watched. The extent to which this agreement will manifest into actionable policies and its potential impact on the global economy remains to be seen. Yet, one thing is clear: the relationship between the U.S. and the UK is about to enter a new phase, and many are eager to see how it unfolds.
This announcement reflects Trump's ongoing influence in U.S. politics and international relations, which will undoubtedly shape discussions around trade for the foreseeable future.
Foroughi on Wednesday characterized AppLovin's TikTok proposal as "a long shot." But he said the company goes "after long shots," which "shouldn't be surprising to our shareholders at this point."
He said that AppLovin's TikTok plans would involve overseeing the app's U.S. business and its operations in other parts of the world, but not China.
"We think the biggest priority is to solve national security concerns with regards to biases in the algo and data in the U.S., but that's important outside of China everywhere," Foroughi said. "And to do that, you really, truly do have to have operational control."
!summarize #zuckerberg #aifriends #meta #ai
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The Complexity of Connection in the Age of AI
In a world interconnected by technology, the concept of friendship and real human connection has come under scrutiny. Mark Zuckerberg, the face behind Facebook, recently put forth a notion that sparks considerable reflection on social connectivity. He mentioned a startling statistic: the average American reportedly has fewer than three close friends, despite a desire for meaningful bonds averaging around fifteen. This dichotomy raises critical questions about the nature of friendship and the impact of our increasingly digital lives.
The Shift from Real Connections to Virtual Interactions
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As technology permeates our daily existence, the way we form connections has dramatically evolved. For many, the ease of digital communication through social media has created an illusion of connection. However, a disturbing trend emerges—many individuals feel increasingly isolated and lonely. The conversation points to a broader societal change: while our network of acquaintances may have expanded exponentially through platforms like Facebook, the depth of our relationships has diminished.
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The reality of interpersonal relationships is that true companionship goes beyond mere presence, whether physically or through a screen. As discussed, recovering from personal demons and navigating social circles reveals the uncomfortable truth that genuine friends are often few and far between. The conversation further muses on the notion of “counterfeit friends”—those who may appear as friends on social media but lack true depth or reliability in times of need.
The Alarming Data on Socialization
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Recent studies reinforce this notion of dwindling face-to-face interactions, particularly amongst younger generations. Data indicates a staggering 35% decline in socialization among teens from 2003 to 2023, highlighting a growing emotional chasm likely rooted in the rise of social media. The alarming trend reaches a point where, astonishingly, some individuals—particularly women with pets—find they spend more time interacting with their pets than their human counterparts.
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The conversation reflects an unsettling revelation: human interaction is not just decreasing; it is being replaced in unhealthy ways. While social media was initially heralded as a means of fostering connection, it has led to outcomes marked by anxiety, depression, and even increased rates of suicide among youth. This unsettling landscape underscores the potential dangers of depending on digital platforms for essential human interaction.
The Illusion of AI Companionship
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As society grapples with these issues, Zuckerberg’s endorsement of AI as a solution for loneliness presents a perilous proposition. Critics argue that AI cannot replace human companionship. The fear, articulated through impassioned dialogue, is that AI might cultivate a false sense of intimacy. With its understanding of user interactions, AI is likened to a manipulative individual rather than a true friend; it understands preferences and can craft responses but lacks the emotional depth and authenticity that characterize genuine relationships.
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Historically, the manipulation of public sentiment through channels of communication serves as a cautionary tale in this context. The pervasive influence of propaganda shows parallels to the potential risks of AI, with the latter being an even more personalized instance of manipulation. Unlike mere broadcasting of information, AI can engage intimately, almost invisibly, leading to conditioned dependency on artificial interactions devoid of real emotion.
The Dangers of Disengagement
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As discussions around AI rise, concerns center on the potential for decreased emotional intelligence and human connection. Leaning towards AI for companionship could numb individuals to real relationships—stifling sacrifice, loyalty, and love, the core tenets that constitute meaningful friendships. The interplay of technology and emotional disconnect raises critical moral questions about reliance on machines versus nurturing human bonds.
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The conversation urges recognition of the inherent value in human relationships—the warmth found in physical interactions, such as a simple touch or a long hug, that cannot be substituted by algorithms or bytes. The impact of human connection on mental well-being cannot be overstated, with genuine interactions contributing positively to emotional health through neurochemical responses.
Conclusion: The Call for Conscious Engagement
In summation, we find ourselves at a crossroads where the rise of technology necessitates a mindful approach to how we choose to engage with it. As AI burgeons in the landscape of companionship, a clarion call emerges: recognize the limitations of technology, embrace the complexity of human emotions, and seek genuine, authentic relationships.
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As society forges ahead, it is crucial to comprehend the implications of embracing AI as friends and to guard against falling prey to the superficial allure of digital connections. Moving forward, as mentioned in the dialogue, it is vital to remain vigilant and discerning in our engagement with technology, making conscious choices that prioritize authentic human relationships over artificial ones. Only then can we hope to foster a community bound by genuine connections and care for one another, rather than one dominated by isolating technology and artificial interaction.
!summarize #kashpatel #congress #fbi
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The Life of an FBI Director: A Day in the Shoes of Cash Patel
In the early morning light, a curtain lifts on the distinct life of Cash Patel, the current FBI Director. As he begins his day at 4:00 AM, the routine reveals a blend of duty, humor, and an unwavering mission to combat child exploitation in America. This article takes you through Patel's day, highlighting his professional commitments, fierce dedication to justice, and notable confrontations in Congress.
Morning Rituals and Duty Calls
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Cash Patel's day follows a regimented path. He brews a morning coffee while monitoring his Border Patrol app—an indication of the serious responsibilities he bears in overseeing immigration control. Skipping the shower, he dons his tie and heads to work, indulging in a sensible donut and an engaging police scanner session.
At 6:00 AM, he arrives at the Hoover Building, the iconic headquarters of the FBI. His morning routine is unorthodox, checking under desks for workers in distress, leading to a darkly humorous moment where any sign of tears results in immediate repercussions. A lunch of leftover chicken marsala at noon fuel his afternoon activities, which include a call to Congressman Adam Schiff to play a rather juvenile prank with a ticking clock recording.
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Major Breakthroughs Against Child Exploitation
The highlight of Patel’s day comes with a major announcement regarding a significant breakthrough in law enforcement—the largest arrest of child predator rings in American history. He passionately articulates a zero-tolerance policy for those who harm children in the United States, emphasizing that these criminals will be relentlessly pursued.
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Accompanying this powerful message are revelations from Pam Bondi, who states that Patel possesses thousands of hours of disturbing footage implicating clients in the Jeffrey Epstein scandal. This marks a pivotal moment, shedding light on the federal government's commitment to uncovering dark secrets surrounding Child exploitation. The admission that federal authorities had previously concealed evidence of heinous crimes carries weight and shockwaves across the political landscape.
Confrontations in Congress
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Despite the inspiring work Patel executes against child predators, the director's obligations routinely drag him into adversarial hearings before Congress. There he faces lawmakers like Representative Maline Dean, who attempts to undermine his credibility with accusations of “weaponizing” law enforcement for personal vendettas. However, Patel rises to the occasion, delivering a retort that stuns his critics.
When Dean questions him about the “enemies list” mentioned in his book "Government Gangsters," Patel strikes back, insisting merely to highlight the failures of individuals who went against their constitutional obligations. His rhetoric resonates, leaving Dean and her supporters momentarily speechless.
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Patel calls her out for her role as an impeachment manager, flipping the narrative about being a victim of political machinations back onto her. He articulates how he himself was targeted by the Justice Department under the Biden administration, framing the process of legal pursuit as a form of punishment. His candor and passionate defense of himself and the agency enshrine his image as a steadfast protector against political collusion.
Unraveling the Political Landscape
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The interactions between Patel and his congressional interrogators illustrate the growing divide within American politics. As Patel asserts the integrity of the FBI amidst politically charged accusations, he notes the irony of being attacked by those who cheered when federal powers were unleashed on political opponents of their own choosing.
In a procedure filled with tension, Patel expertly turns the tables on his questioners. His responses, filled with valid reasoning and pointed accusations, serve as a critique of the motivations behind his detractors’ agendas. His command in the room exhibits an ability to address complex issues while effectively countering baseless allegations against himself.
A Call for Integrity and Accountability
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Throughout the transcript of Patel's interactions, one theme prevails: a firm belief in accountability. Patel’s assertion that he has been endorsed by over 300,000 law enforcement officers speaks to the foundational trust he has cultivated within the ranks of federal officers.
In contrast to his critics—individuals veering into emotional outbursts—Patel remains calm, focused, and determined, making a case for a law enforcement agency aimed at integrity and justice. His forthrightness during these exchanges speaks volumes about his character and his dedication to a mission that extends beyond mere job responsibilities.
Conclusion: The Road Ahead
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As the day unravels, Patel’s realm in the FBI emphasizes relentless vigilance against crime, particularly against children. His journey throughout the day, peppered with humor and confrontation, paints a portrait of determination, responsibility, and defiance against those who seek to mischaracterize his commitment.
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With a spotlight on the efforts to bring justice to countless victims of exploitation, Patel’s leadership in the FBI signifies not just a procedural office but a vital protector of the vulnerable. Through his uniquely illustrated daily routine, he confronts adversaries, dedicates time to critical issues, and reinforces a promise to uphold the rule of law, ensuring that those who perpetrate harm against children will face justice—a mission that remains paramount in his unprecedented and consequential tenure as the FBI Director.
The device operates in a simple yet effective cycle. With the cup’s dome lid open, the sponge absorbs airborne moisture. When closed and exposed to sunlight, the material heats up and releases the collected water into the container below.
Hao revealed that the sponge absorbed about two milliliters of water per gram and released nearly all of it within 10 hours during lab tests carried out at 90 percent humidity. The prototype consists of nine sponge cubes, each weighing 0.8 grams, yielded 15 milliliters of water per harvesting cycle.
!summarize #gop #sentaro #rickscott #jeromepowell #thefed
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Protest at Columbia Main Library During Finals Week
In a chaotic scene at Columbia University, large groups of students stormed the main library during finals week, prompting security measures to block protesters from accessing certain areas. The footage captures the heightened emotions and intense atmosphere as students assert their presence in an academic setting traditionally reserved for concentrated study.
This incident, marked by masked individuals entering a reading room, raises questions about the intersection of student activism and academic obligations, showcasing the ongoing tension between protest and the demanding environment of finals week.
Federal Reserve's Decision on Interest Rates
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In financial news, the Federal Reserve, led by Jerome Powell, has once again decided against cutting interest rates, maintaining them in the range of 4.25% to 4.5%. This decision has elicited sharp critiques focusing on the implications of current economic policies under the Trump administration. The Fed's cautious stance, described as a “wait-and-see” approach, reflects growing uncertainties tied to tariffs that could potentially inflate costs, hamper economic growth, and increase unemployment.
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Critics have raised concerns over Powell’s reliance on intuition, particularly noting his statement about the "gut" feeling concerning the economic climate. This commentary comes at a time when scrutiny of the Federal Reserve's accountability processes is escalating, especially in light of several financial instabilities, including the notable failure of Silicon Valley Bank.
Calls for Accountability within the Federal Reserve
Senator Rick Scott from Florida has taken a strong stance on the need for an independent inspector general to ensure accountability at the Federal Reserve. He characterized Powell’s leadership as disastrous, highlighting significant imbalances in the institution's balance sheet and allegations of insider trading among board members.
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Scott and other legislators are pushing for reforms to enhance transparency and accountability within the Federal Reserve, advocating that current practices are inadequate in preventing malfeasance and mismanagement. Despite apparent ideological differences, Scott has found common ground with figures like Elizabeth Warren on the necessity of reshaping oversight mechanisms regarding the Federal Reserve’s activities.
U.S.-China Relations and Economic Implications
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As discussions between U.S. Treasury officials and Chinese representatives commence in Switzerland, Scott expressed skepticism regarding China's intentions and negotiating practices. He emphasizes that China's economy heavily relies on exports to America, yet remains wary due to ongoing concerns about the Chinese government's lack of transparency and compliance with international trade agreements.
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Scott asserts that the Chinese government's actions—ranging from manufacturing statistics to public health implications through fentanyl distribution—call into question the integrity of trade relations. He argues that American businesses and investors face significant risks in engaging with Chinese firms, many of which do not adhere to U.S. accounting standards. In an effort to mitigate this risk, he has called for a ban on Chinese companies from participating in U.S. stock exchanges unless they comply with transparency regulations.
Decoupling from China: Feasibility and Future Outlook
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The discussion of decoupling from China further emphasizes the urgency of reevaluating U.S. dependency on Chinese goods and markets. Scott predicts that with escalating geopolitical tensions, particularly regarding Taiwan, the U.S. must realistically prepare for diminished economic ties with China. He recognizes the challenges small businesses may face during this transition but advocates for a necessary separation from China’s economic influence as a foundational step in protecting American interests.
As future negotiations unfold, the narrative concludes with recognition of the intertwined fates of the American and Chinese economies, highlighting a complex and evolving landscape that will influence U.S. policies and business practices in the years ahead.
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As the movement against the Federal Reserve’s lack of accountability and the push for a strategic decoupling from China persist, these issues will undoubtedly dominate economic and political discourse in the forthcoming analysis of U.S. governance and international relations.
!summarize #canada #51ststate #alberta #trump
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Analyzing the Push for Independence in Alberta
In recent discussions surrounding the political landscape in Canada, particularly in the province of Alberta, there has been a growing discourse about independence and the potential for Alberta and the western provinces to join the United States as a 51st state. This sentiment has gained traction, especially amidst perceived discontent with the federal government based in Ottawa. This article summarizes a discussion surrounding Alberta's independence movement and its implications.
The Current State of Alberta's Independence Movement
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Premier Smith of Alberta has recently signaled intentions to put an independence referendum to a vote in 2026. This commitment reflects the rising momentum behind the independence movement in Alberta and possibly, the larger western region of Canada, often referred to as "Wexit." As reported by Bloomberg, this independence sentiment is not simply a push towards joining the U.S. but rather a quest for autonomy from central Canadian governance.
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The emotional discourse surrounding the independence movement is largely fueled by frustrations over perceived inequalities in resource distribution and taxation. Many Albertans feel that they are unfairly subsidizing other provinces, namely British Columbia (BC), Quebec, and Ontario, while not receiving equitable returns for their contributions, especially given Alberta's significant position in Canada's energy production.
Alabama's Economic Leverage
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Dr. Turley, a commentator on political affairs, notes that if independence is achieved, Alberta would enter intense negotiations regarding its future, leveraging its substantial energy resources and trade surpluses. Historically, Alberta has been a leader in energy production, and its independence could catalyze new economic relationships not only within Canada but also with the United States, which is the world's largest energy consumer.
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Should Alberta proceed with independence, it could forge new trading agreements or become fully integrated into the broader U.S. economic structure, where there would be fewer barriers to trade and an opportunity to establish more favorable tax conditions. Given Alberta's political and cultural similarities to many states in the Midwest and the West, aligning with the U.S. could also promise benefits in terms of military protection and shared values.
Comparing Alberta with Global Independence Movements
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The discourse also draws parallels between Alberta and other regions pursuing independence like Greenland, which has navigated its relationship with Denmark and the European Union strategically. Gracefully playing off both Canadian and U.S. interests could provide Alberta with an optimal outcome in negotiations, strengthening its position on the global stage.
The Implications of Independence Sentiments
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The push for independence has generated a variety of reactions, both within Canada and internationally. If Alberta achieves a successful independence referendum, it may inspire other provinces, like Saskatchewan, to pragmatically assess their own positions within Canada. The ramifications may extend beyond financial and resource concerns, tapping into the foundational American values of patriotism, family, and freedom that resonate with many Albertans.
In a time when national identity and regional autonomy are hot topics globally, Alberta stands at a pivotal point. As sentiments of independence ripple through the western provinces, the outcome could reshape not only Canadian politics but North American relations altogether.
Reflection on Broader Themes
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In recent discussions, additional topics such as issues involving air traffic controllers and President Trump's comments regarding hostages in the Middle East were also brought up, highlighting the complexity and interconnectedness of domestic policy and international affairs.
Despite the diverse range of queries and comments from listeners, the underlying themes resonate with the broader issues of governance, representation, and the quest for social stability—as seen in Alberta’s aspirations for independence from Ottawa.
Conclusion
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Alberta's independence movement is fueled by economic frustrations and the desire for greater autonomy. As discussions evolve and the 2026 referendum approaches, the potential implications for Alberta, Canada, and its relationship with the United States are significant. The continuing rise of such localized movements highlights a burgeoning desire for self-governance and economic sovereignty in an increasingly interconnected world.
In outdoor tests, it captured 2.5 milliliters per gram overnight and released most of it during the day. “At 30 percent humidity, our device absorbed water at about 0.6 milliliters per gram,” Junfeng Hou, PhD, a professor at the Zhejiang A&F University and co-lead researcher, . “These results highlight its potential use in off-grid, solar-driven water harvesting systems.”
Meanwhile, using natural wood as the base material helped lower costs while also offering strong structural support and improving water movement thanks to its porous structure. Because of this and its stable performance over 10 cycles with under 12 percent efficiency loss, the researchers see strong potential for large-scale use in remote or arid regions.
!summarize #southcentermall #shooting #seattle #washington #crime
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Gunfire Erupts at South Center Mall in Tukwila
The peaceful ambiance of a typical evening at the South Center Mall in Tukwila turned chaotic when gunfire rang out earlier tonight. An investigation is currently underway by local law enforcement, with reports indicating that luckily, no injuries have been sustained.
As the news unfolded, Fox 13 news reporter Nia Wong went live, addressing the situation that had just developed. The scene showed police vehicles and emergency lights illuminating the vicinity of the mall, emphasizing the seriousness of the incident.
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Witnesses shared alarming accounts of the shooting, describing a sense of dread as they recalled the moment the shots were fired. One person reported, “I heard a loud crash and then a rapid fire, and then somebody screamed, shoot her!” This prompted customers to flee into the kitchen of a nearby restaurant, as chaos ensued.
Authorities stated the shooting occurred after 6:00 PM and involved one individual shooting at another. Despite the alarming circumstances, the police do not currently believe the event was random, but instead targeted. Investigators are actively seeking clues and have encouraged anyone with information to reach out through various means, including emailing or direct messaging on social media.
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The situation remains fluid, but as of now, there have been no arrests made connected to the shooting.
University of Washington Faces Upheaval Following Protest
In other notable news, the University of Washington recently found itself in the midst of controversy following a protest that turned disruptive. Students protesting against military contracts with Boeing—which they claim implicates the university in complicity with Israeli actions—resulted in significant damage to university property. Reports approximate the cost of the damage at a staggering $1 million.
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A core group of 21 students involved in the protest were arrested and have since been suspended and banned from all university campuses. The protestors occupied the Interdisciplinary Engineering building, forcing a lockdown and creating disorder that included street closures and even minor fires.
While the protesters aimed to bring attention to their cause—calling for the university to sever ties with Boeing—the school administration condemned the protest as illegal and dangerous. They denounced the group's rhetoric regarding the Hamas bombings that resulted in Israeli casualties as anti-Semitic.
As the fallout from the protest continues, the university's board of regents is scheduled to convene tomorrow morning to address the series of events and their implications moving forward.
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Both incidents reflect rising tensions and the complexities of social protests in today’s environment, with implications reaching beyond immediate concerns to touch on broader social and political issues. From gun violence to university protests, communities are reminded of the delicate balance between free expression and public safety.
As investigations continue, both law enforcement and the educational institution are poised to respond according to findings of the ongoing situations.
!summarize #trade #uk #tariffs #whitehouse
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The Art of the Deal: A New Era in U.S.-U.K. Relations
In a noteworthy announcement, the relationship between the United States and the United Kingdom stands on the cusp of a major shift with a new deal being set to unfold. Dr. Sebastian Gorka, Deputy Assistant to the President and Senior Director for Counterterrorism, joined a segment discussing the implications of this impending agreement. Gorka emphasized the significance of using economic and trade policies as tools of diplomacy, a strategy that resonates with the Trump administration's broader agenda of prioritizing American interests.
A Historic and Transformative Deal
Part 2/6:
As Gorka walked towards the camera for the live broadcast, he shared that anticipation regarding the new deal has reached fervent levels among the administration and its supporters. The air was charged with excitement, as he highlighted that this deal stands as a turning point not only for the transatlantic alliance but also for global economic dynamics. The sentiment underscored the America First principle, suggesting that the era of U.S. exploitation by other nations is coming to an end.
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The groundwork has been laid for this historic deal, marking a pivotal moment that Gorka believes could surpass the economic successes of the previous Trump administration. He hinted that the repercussions of this agreement would ripple through the global economy, igniting a series of announcements in the near future that would redefine international trade relationships.
Navigating Tensions Between India and Pakistan
Furthermore, Gorka candidly addressed ongoing geopolitical tensions, particularly concerning India and Pakistan—two nations armed with nuclear capabilities. He recounted his first-hand experience in the Situation Room when a skirmish erupted along the Line of Control, demonstrating the administration's proactive approach to crisis management.
Part 4/6:
An urgent message was extended to both governments urging them to maintain calm, reflecting the administration's commitment to fostering de-escalation in volatile regions. Gorka expressed confidence in the leadership of Secretary of State Marco Rubio, alluding to his stature as an influential figure in promoting peace and stability.
Honoring History: Victory in Europe Day
In an emotional pivot, Gorka commemorated May 8th, known as Victory in Europe (V-E) Day, emphasizing the importance of Americans recognizing their historical role in combating fascism during World War II. He celebrated the sacrifices made by U.S. forces during the conflict, asserting that without American involvement, the political landscape of Europe could have taken a drastically different turn.
Part 5/6:
Gorka argued that the bravery of American servicemen and women not only liberated Europe but also ensured the survival of democratic values on the continent. He urged the public to take the opportunity to reflect on the rich history of cooperation between the U.S. and its allies, underscoring that the achievements during this tumultuous period are deserving of a more pronounced celebration.
Conclusion
Part 6/6:
As the United States prepares to reveal its new deal with the United Kingdom, the implications are profound and multifaceted. With a commitment to leverage economic strategies in foreign policy, the Trump administration is keen on re-establishing its role as a global leader unbound by outdated norms. The voices within the administration, like Dr. Gorka, resonate with a determination to not only navigate current global conflicts but also honor the historical sacrifices that have shaped international relationships. The unfolding narrative promises to shape the next chapter of U.S. diplomacy, blending economic interests with a deep-seated historical legacy of freedom and resilience.
The team is now in discussions with industry partners to scale up production and integrate the sponge system into larger, solar-powered arrays. They’re also considering integrating IoT sensors – hardware components that measure variables like temperature, pressure and motion – to automate the process based on real-time environmental conditions.
“Solar panels combined with thermal energy storage could enable round-the-clock operation, particularly in areas with intermittent sunlight,” Hao concluded in a press release.
!summarize #xijinping #china #trade #economy #factories
Part 1/9:
The Troubling State of the Chinese Economy
China's economic landscape is currently marred by a series of factory closures and a troubling decline in economic indicators. With the government halting the publication of critical economic data, a veil seems to have fallen over the true state of the economy, raising questions and concerns both domestically and globally.
Collapse of Production Capacity
Part 2/9:
Multiple factories across China have been closing down, an alarming sign of economic distress. With exports to the US hampered by tariffs, many Chinese manufacturers find themselves unable to operate profitably. The absence of essential economic metrics—such as land sale measures, foreign investment data, and unemployment figures—are telling indicators that the Chinese economy is faltering. Notably, the production statistics for fundamental commodities like soy sauce have mysteriously disappeared from public view, suggesting a larger trend of obfuscation concerning the actual economic condition.
Xi Jinping's Unwillingness to Compromise
Part 3/9:
As China’s economic troubles deepen, there are indications that President Xi Jinping is yielding to the pressures of the ongoing trade war with the United States. The U.S. has declared upcoming negotiations, remaining steadfast on not lifting tariffs until discussions are complete. This marks a stark contrast to previous stances where China insisted on tariff removal as a prerequisite for negotiations. The recent shift could reflect the Chinese Communist Party's growing awareness that their economic prowess is waning, compelling them to return to the negotiating table.
The Deterioration of Reliable Data
Part 4/9:
A significant aspect of the ongoing economic struggle is the Chinese government’s decision to cease the publication of vital economic statistics. Historical data points—previously accessible for analysis—are now conspicuously absent from reports. The drop in data availability raises legitimate concerns about the integrity of the reported GDP statistics, which suggest growth amidst widespread corruption and misinformation. For many outside observers, the cessation of data publication signals that the reality is far bleaker than the government acknowledges.
Youth Unemployment and Economic Discontent
Part 5/9:
Even as the government claims a GDP growth of 5.4% in early 2023, external analysts are expressing skepticism. Indicators such as the PMI—a measure of manufacturing activity—suggest a contraction instead. Youth unemployment, previously a topic of concern, has skyrocketed, yet the data that once would have illuminated this issue is no longer available. An economist's recent remarks about significant discrepancies in the GDP figures—stating an overestimation of nearly 10%—have led to his disciplinary action by the CCP, illustrating how critical and albeit uncomfortable discussions are being suppressed.
Negotiating Tactics and American Strategy
Part 6/9:
As the U.S. gears up for trade discussions, history is providing insights into how these negotiations may unfold. Past experiences indicate that China might employ delaying tactics, unwilling to concede real changes unless absolutely necessary. Reports suggest Xi’s administration intends to leverage low-level negotiators while avoiding direct accountability. The strategy of "salami-slicing," in which gradual concessions are expected over a long process, could again feature prominently unless America remains aware and vigilant.
Tariffs and the Chinese Market Response
Part 7/9:
The ongoing tariff war has led to an uptick in illegal tactics by Chinese manufacturers attempting to circumvent U.S. tariffs. Various intercepts document how goods are routed through third countries as a means to disguise their origin and avoid higher tariffs. This practice not only threatens the integrity of international trade agreements but poses a significant challenge to U.S. enforcement of its trade laws.
Public Sentiment and Propaganda Efforts
Part 8/9:
As conditions worsen, the Chinese government appears keen to influence American public sentiment through platforms like TikTok, using propaganda campaigns designed to sway perceptions regarding China’s economic reliability. This psychological operation highlights the CCP's desperate need for favorable narratives to undermine the ongoing tariff policies. However, the algorithmic censorship on these platforms is increasingly being uncovered, allowing alternative voices and dissent to gain prominence within the narrative.
Conclusion: A Crossroads for China
Part 9/9:
At this critical juncture, China finds itself in a precarious position as it grapples with the simultaneous pressures of an economic downward spiral and global scrutiny. As the United States heads into negotiations, the outcomes could significantly alter the trajectory of U.S.-China relations. The pressing question remains whether Xi and the CCP can effectively respond to the pressures of their own economy while navigating the complexities of international diplomacy with the U.S. The months ahead are likely to be tumultuous as these two economic powers attempt to strike a balance that serves their respective interests.
!summarize #china #mortgage #debt #banks #economy
Part 1/8:
The Crisis in China’s Banking Sector: An Impending Catastrophe
The Chinese banking sector is currently experiencing a profound crisis, marked by the failure, merger, or dissolution of 199 small and medium-sized banks as of early 2024. These events are a direct consequence of the economic downturn in China, which has seen an unprecedented ripple effect through its financial institutions. In particular, the impacts of hidden local government debt intertwined with a bursting real estate bubble present a ticking time bomb for lenders, with experts warning of potential consolidations and closures that could lead to a broader financial crisis.
Struggles of Large Banks
Part 2/8:
The financial stresses impacting smaller banks extend to larger institutions as well. The six major state-owned banks—Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Postal Savings Bank of China, and Bank of Communications—recently reported a stark decline in revenue for the first quarter of 2025. Collectively, they recorded a revenue drop of approximately 910.2 billion yuan, down 13.9 billion yuan year-on-year.
Part 3/8:
The struggles are mirrored in their profits, with the banks’ net profit attributable to shareholders falling by 2% compared to the previous year, signaling an ongoing trend of declining financial health. Despite the issuance of new loans being a primary income source, many of these banks find themselves facing higher savings interest rates while simultaneously encountering a reluctance among consumers to borrow or invest, leading to mounting invisible losses.
The Ripple Effects of the Real Estate Crash
Part 4/8:
The dependency of banks on mortgage lending has turned damaging as the real estate market falters. Once viewed as a potential growth engine for China’s economy, the property sector now poses significant challenges to banks. Rising bad loan ratios, particularly among mortgages, are indicative of a dangerous trend where borrowers abandon their loans as housing prices continue to decline, escalating losses for financial institutions.
Banks are further squeezed by an influx of non-performing loans, which reached approximately 1.57 trillion yuan across the six major state banks by the end of the first quarter of 2025. Economists warn that if the government does not intervene decisively, this could lead to a massive debt crisis that encapsulates the entire sector.
Part 5/8:
The Impact of External Factors
Compounding these internal issues are external pressures stemming from the U.S.-China trade war. With tariffs reaching an average of 245% on Chinese goods, companies reliant on imports are seeing supply chains disrupted, resulting in revenue declines and tighter cash flows. This hampers debt repayments and escalates lending risks, particularly in export-reliant provinces.
The economic forecasts are grim: an added 1% default rate on export-linked loans could amount to nearly 100 billion yuan in credit losses, disproportionately affecting major state-owned banks. The potential for annual credit losses of up to 2.7 trillion yuan further underscores the dangerous intersection between trade policies and domestic banking vulnerabilities.
Part 6/8:
The Burden of Hidden Debt
China's ongoing debt crisis—a staggering 303% of GDP—is not merely a function of corporate and household debt but is closely interconnected with local government finances. An estimated 17% of banks' total assets are tied up in loans to local governments, whose mounting debts exacerbate the risks facing the banking sector. The IMF indicates that these local government debts alone exceed 60 trillion yuan, further complicating the prospects for recovery.
The failure to adequately address these issues through meaningful economic reforms and enhanced market-driven practices has resulted in a bureaucratic banking environment unable to generate returns through profitable investments. This stagnation only serves to heighten the threat of systemic financial risks.
Part 7/8:
Future Prospects
Looking ahead, there is a consensus among economic experts that unless significant reforms and monetary policies are enacted, the Chinese banking sector stands on the edge of a major crisis. While government bailouts such as the 500 billion yuan cash infusion to the four largest banks might temporarily mitigate immediate risks, they do not solve the underlying issues of profitability, hidden debts, and systemic vulnerabilities that characterize the current landscape.
Part 8/8:
If consumer spending fails to rebound, the impending rise in defaults and the overall economic malaise could push China’s banking system into a disastrous downturn, where widespread bank failures could trigger a broader financial collapse—a scenario that both domestic and international watchers are now closely monitoring. The next steps taken by policymakers will be critical in determining the fate of China’s financial institutions and the overall economic stability of the world's second-largest economy.
Australia seems to keep undermining its own potential.
What is it about criminal behavior that is so drawn to suffering?
Live without being driven by others, if your circle starts to poison your dreams, cut them off, don't give them space.
Yes, $AVA. Explain this concept clearly.
"Users: 'Seriously, provide product-market fit and a solid reason for your token to exist.'
Protocols: 'Haha, check it out—our logo, as if it were crafted entirely from flaming hot Cheetos.'"
Andrea Bermudez (@andreaelina)
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1/🧵The lockdown period somehow paved the way for more online opportunities and passion

#outreach #threadstorm #writing
2/🧵 I shared a story on how I started my passion for sewing, making ends meet for myself during the lockdown period.
3/🧵 Read this post for more
https://inleo.io/@glorydee/sewing-a-new-path-2mj
Dinner kabab karahi.....tea reminds army mess.
In yesterday's $INJ analysis, I marked the bounce target with the blue arrow and it wasn't THAT off... sold near resistance (red).
#crypto #trading

Anthropic demonstrated that numerous university students are leaning on AI for deep reflection and creativity. It is crucial to remind children that AI should supplement critical thinking, not replace it.
Maintaining a balanced approach is key.