10+ hour, 8+ min ago   (381+ words) The source of the info is here on twitter: An obscure grassland prefecture in Inner Mongolia may be quietly building the largest concentration of AI compute on the planet, and that could explain a lot about why US AI labs…...

9+ hour, 59+ min ago   (393+ words) Asian equity markets were mixed to weaker. Japan's Nikkei fell around 1% and South Korea's KOSPI declined around 2%, while mainland Chinese indexes traded more evenly, with the Shanghai Composite gaining 0.16%, the Shenzhen Component slipping 0.25%, and the ChiNext down 0.47%. Separately, Goldman Sachs…...

11+ hour, 30+ min ago   (229+ words) The industry's loudest weekend safety statements turn out to have been building on months of quiet, coordinated talks between the three biggest labs. Ripple's RLUSD stablecoin hit a fresh all-time high supply of $2.442B this week, even as XRP price lags....

8+ hour, 59+ min ago   (285+ words) Bullish weekend for oil: CICC has lifted its Brent forecast on the view that Middle East supply losses are proving stickier than expected, while flagging that oil above $100 could finally start denting demand. China International Capital Corp has raised its…...

15+ hour, 11+ min ago   (355+ words) Hormuz shipping came under attack again over the weekend, with a confirmed tanker fire and an unverified Iranian casualty claim adding fresh risk to an already fraught strait. A Panama flagged tanker caught fire in the Strait of Hormuz on…...

15+ hour, 12+ min ago   (589+ words) Eyes are not on the kwiwi $ right now: New Zealand's services sector notched its strongest reading since returning to growth, but with sentiment souring and half the sub-indices still in contraction, this looks like a fragile recovery rather than a…...

15+ hour, 32+ min ago   (359+ words) --- The week has opened with oil bid on unresolved Middle East risk and stocks on the back foot after OpenAI's IPO retreat added to AI sector caution. Oil gapped higher and equity index futures gapped lower as Globex opened for…...

15+ hour, 54+ min ago   (363+ words) The Roadster reveal is unlikely to move Tesla's share price in any lasting way on its own, given the stock is currently priced by the market largely on robotics and software narratives rather than a low volume halo car. Tesla…...

16+ hour, 45+ min ago   (234+ words) Lagarde says the inflation shock from the Iran war has further to run, while separately warning that sky-high AI valuations could be due a correction. European Central Bank president Christine Lagarde said the current inflation shock facing the euro area…...

17+ hour, 25+ min ago   (153+ words) Not too much change from late Friday: I'll be back with weekend news soon. But, this already is likely to give crude a boost when futures open (6pm US Eastern time): A planned meeting in Oman between Iran and Gulf Arab…...