Key Takeaways Crypto market traders were positioned for Jerome Powell to be hawkish in a highly anticipated speech, but they were pleasantly surprised as the Fed chief suggested rate cuts could be coming soon. Prediction markets bettors now place higher odds of a quarter percentage rate cut in September than they did prior to the speech. Bitcoin and proxy stocks …
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Pair of colliding galaxies may hint at the fate of the Milky Way and its closest galactic neighbor
New observations of a pair of colliding spiral galaxies hint at what might be in store for the Milky Way and the Andromeda galaxy if and when they collide. The findings, described in July in the journal Monthly Notices of the Royal Astronomical Society, may also help to solve a puzzle plaguing the standard model of cosmology. The two colliding …
Read More »Why did MIT find 95% of AI project fail? Hint: it wasn't about the tech itself – Fortune
Why did MIT find 95% of AI project fail? Hint: it wasn’t about the tech itself Fortune Sam Altman calls AI a “bubble” while seeking $500B valuation for OpenAI Ars Technica Sam Altman says ‘yes,’ AI is in a bubble The Verge FirstFT: New MIT report spooks tech investors Financial Times Analysts downplay AI bubble worries as Altman says some investors will be left …
Read More »Hint of Mini Labubu Launch Sends Pop Mart Stock Soaring 12% – The New York Times
Hint of Mini Labubu Launch Sends Pop Mart Stock Soaring 12% The New York Times Pop Mart sees revenue hitting over $4 bln this year, to launch mini Labubus Reuters Pop Mart shares reverse course to rise 10% after Labubu-maker posts near-400% profit surge CNBC Labubus Are on Track to Be a Billion-Dollar Business This Year WIRED Labubu maker’s profits soar by nearly 400% …
Read More »Trump Officials Hint at Possible Concessions by Putin – The New York Times
Trump Officials Hint at Possible Concessions by Putin The New York Times White House signals strong momentum toward peace in Ukraine but many questions linger CNN Putin has agreed Ukraine can have ‘NATO-style’ security guarantee, Trump envoy says Sky News U.S. ready to give Ukraine security guarantees when Trump meets Zelensky The Washington Post Putin agreed to ‘robust’ security guarantees for Ukraine, says US …
Read More »‘Ice cube’ clouds discovered at the galaxy’s center shouldn’t exist — and they hint at a recent black hole explosion
When you buy through links on our articles, Future and its syndication partners may earn a commission. The Fermi bubbles are two enormous orbs of gas and cosmic rays that tower over the Milky Way, covering a region roughly as large as the galaxy itself. These giant space bubbles may be fueled by a strong outflow of matter from the …
Read More »‘Ice cube’ clouds discovered at the galaxy’s center shouldn’t exist — and they hint at a recent black hole explosion
Two of the strangest structures in the galaxy just got even stranger. Ballooning above and below the Milky Way‘s center like a massive hourglass, the mysterious Fermi bubbles loom large over our galaxy. These enormous twin orbs of superheated plasma have been gushing out of the galactic center for millions of years. Today, they span some 50,000 light-years from tip …
Read More »The iPhone 17 Air Could Hint at Apple’s Foldable Future
Anticipation is high for the launch of the next iPhone, and so are expectations. Rumors have been swirling for months about the upcoming lineup, which most notably may include a thinner model dubbed the iPhone 17 Air. But speculation isn’t stopping there; what Apple reveals this fall could hint at what it has in store for next year, too. Thin …
Read More »The Supreme Court just dropped a hint about its next big Voting Rights Act case – Politico
The Supreme Court just dropped a hint about its next big Voting Rights Act case Politico Supreme Court tees up Louisiana redistricting case that could undercut Voting Rights Act CNN Supreme Court to Consider Ban on Race-Based Voting Districts Bloomberg SCOTUS Could Be Set to End Key Protection for Minority Voters Democracy Docket Court asks for new briefs in Louisiana redistricting case SCOTUSblog Source link
Read More »Fed leaves rates steady despite Trump pressure, gives no hint of September cut – Reuters
Fed leaves rates steady despite Trump pressure, gives no hint of September cut Reuters Fed keeps interest rates unchanged for fifth-straight time CNN Why did the Fed delay interest rate cuts again? Expert weighs in KATU 2 Fed officials break ranks as Trump wages war on Powell Politico Fed Keeps Rates Steady Despite Internal Divisions and Political Pressure The New York Times Source link
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