OpenAI ‘Unsatisfied’ With Some Nvidia Chips, Has Been Looking For Alternatives For Months: Report Trouble in paradise between Nvidia and OpenAI has intensified, as a new report from Reuters reveals that the ChatGPT maker has been ‘unsatisfied’ with Nvidia’s chips, and has been seeking alternatives since last year.  OpenAI Ceo Sam Altman and Nvidia CEO Jensen Huang. Getty Images The news comes on the heels of word that Nvidia’s […]

Heavy Metal(s) And Concepts By Michael Every of Rabobank Markets have shrugged off heavy metal(s) even though their plunge Friday was staggering. We are up around 5% in gold this morning following reports of queues of Singaporeans buying the dip yesterday. Yet note that this happened to an asset seen as a “safe-haven”, and as the foundation of a new global system – even as nobody anywhere is close to demanding gold as payment […]

House To Vote On Package To End Partial Shutdown The U.S. House of Representatives on Tuesday will take up a bill to fund several sectors of the federal government as a partial shutdown enters its fourth day. Many Democrats – including leaders – have vowed to withhold support from the package. On Monday evening, the House Committee on Rules advanced the measure – which would fully fund five sectors of the government while […]

‘Turnaround Tuesday’?: FundStrat’s Lee Says “All The Pieces Are In Place For Crypto To Be Bottoming” Bitcoin remains under pressure this morning, stalling after a brief rebound from a 10-month low as trader caution persisted in options activity. Trading was mostly flat, with the biggest cryptocurrency hovering below $78,500 a day after bearish sentiment nearly pushed it to the lowest level since President Trump returned to the […]

Mandelson Resigns From House Of Lords Over ‘Embarrassing’ Epstein Scandal Update(1023ET): One welcome immediate repercussion to the fresh Epstein dump of millions of files is that things have finally started happening in terms of a real domino effect in elite circles… Lord Mandelson, ex-ambassador to U.S., resigns from Labour over Epstein. Still, all of this might be happening slower than what one might want to see, but it’s […]

Pepsi Cuts Some Prices As Much As 15% As K-Shaped Economy Squeezes Consumers Readers already know the K-shaped economy is not going anywhere, even as the Trump administration attempts to correct the imbalance ahead of the midterms. For the junk-food-hungry U.S. consumer, there was a small win on Tuesday morning. PepsiCo announced it will cut prices by 15% on snack brands like Lay’s and Doritos to restore affordability and help […]

Customers, Don’t Expect Electric Bill Relief In 2026: “The Cake Is Baked” By Robert Walton of UtilityDive, Rising energy demand, inflation, grid investment, extreme weather and volatile fuel costs are increasing the cost of electricity faster than many households can keep up, and there are no easy fixes, experts say. Mitigating the problem would require threading a needle of policy alternatives, but even with the right policies, […]

Iran Says US Carrier Has Retreated Near Yemen, Opening Door To Diplomacy  Iran’s Fars news has said that the US aircraft carrier Abraham Lincoln has retreated near Yemen, opening room for the pursuit of diplomacy in hopes of staving off military confrontation between Washington and Tehran. The report says that the large nuclear-powered carrier had “withdrawn” about 1,400 kilometers (870 miles) from the port city of Chabahar in […]

Disney Names Parks Head Josh D’Amaro As Next CEO, Replacing Bob Iger Walt Disney, after a more than two-year saga, has landed on its next CEO: Josh D’Amaro, head of the company’s theme parks and consumer products division. D’Amaro, 54, will take over the top job at Disney from current CEO Bob Iger, who cumulatively has served in the post for nearly two decades, having been CEO from 2005 to 2020 when he we replaced by Bob […]

PayPal Suffers Worst Drop In Four Years After Profit Miss, CEO Set To Exit PayPal shares in New York premarket trading plunged 17%. If the losses hold through the cash session, this would mark the largest decline in four years. The selloff was sparked after the payments company reported adjusted profit and revenue that fell short of Bloomberg Consensus estimates, along with news that CEO Alex Chriss will be replaced. CFO Jamie […]

Futures Rise As Tech Gains On Palantir’s “Cosmic Reward” Stock futures are higher, led by tech, while metals rebound and global markets more than retrace Friday/Monday losses. Only bitcoin continues to slide on laughable fears that Kevin Warsh will somehow shrink the Fed’s balance sheet. As of 8:00am ET, S&P futures are up 0.3% and Nasdaq futures gain 0.5% after blockbuster results from Palantir renewed the AI […]

A Month Of Shock And Awe: These Were The Best And Worst Performing Assets In January Earlier today, Deutsche Bank’s Henry Allen released his monthly performance review looking at how markets performed in January. As Jim Reid writes, “January managed to both shock and awe in various ways, yet still delivered broad based gains across all global assets in our monthly performance review when measured in USD terms—a genuinely rare […]

Musk’s X Office In Paris Raided By Cybercrime Unit As Brussels Becomes More Unhinged One week after the European Commission opened a new formal investigation into Elon Musk’s X under the Digital Services Act (DSA) and expanded a separate probe launched in December 2023, X’s Paris office was raided by France’s cybercrime unit as part of an investigation into the distribution of sexual deepfakes and Holocaust denial content. “A […]

Nintendo Profit Misses As Soaring Memory Prices Could Become Major Headache Dark storm clouds have gathered over Nintendo since the start of December, as investor concerns mount over tariffs, rising memory prices, and chatter about soft US holiday sales. The stock in Tokyo remains about one-third below its August peak. Earnings on Tuesday reconfirmed the gloom after Nintendo reported third-quarter operating income that missed the […]

Chinese Oil Firms Turn To Iran To Replace Venezuelan Crude Via The Cradle China’s teapot refiners are buying discounted Iranian crude to replace the loss of supplies from Venezuela following Washington’s violent takeover of the South American nation’s oil, Reuters reported Monday. “The drawdown of Iranian oil held in storage is making up for the drop in Venezuelan supply to the world’s largest crude importer,” the news agency […]

Europe’s Russian Gas Ban Is Set To Trigger New Wave Of LNG Tanker Demand Authored by Irina Slav via OilPrice.com, The European Union’s plan to ban LNG imports from Russia will prompt a surge in demand for LNG carriers to the tune of 30 new vessels, a senior Vortexa analyst said ahead of the LNG Qatar gathering that starts today. According to Ashley Sherman, senior LNG analyst at the company, if the EU sanctions leave currently […]

Cuban Missile Crisis 2.0? …May Involve Russian Drones With Crosshairs On US Homeland A Russian military-focused Telegram channel, Rybar, published an assessment that warned President Donald Trump’s gunboat diplomacy and the re-posturing of the U.S. Department of War toward the Western Hemisphere could generate drone threat risks to the US Homeland “Given how the Americans are acting now, the main question is not whether the […]

Governments Can Fix Money Fast. Here Is Why They Will Not Do It… Authored by Daniel Lacalle, The markets have been rocked by news of a possible intervention to control the Japanese yen slump, after it reached a forty-year low relative to the US dollar. Fixing the yen and any other fiat currency is simple: Implement an Austrian approach; eliminate constant deficit spending and monetization of government outlays; and implement […]

US-Sanctioned Russian Military Transport Plane Touches Down At Cuban Airfield In a development which sounds reminiscent of the most dangerous moments of the Cold War, a Russian military cargo plane has been observed landing in Cuba, just as Havana is in Washington’s regime change crosshairs. The Ilyushin Il-76, operated by the government-linked airline Aviacon Zitotrans, is reportedly under US sanctions as it has a well-documented […]

Polish President Pushes For Aggressive Move To Nuclear, Bypassing LNG Amidst ‘Geopolitical Turmoils’ Via Remix News, Polish President Karol Nawrocki is prioritizing nuclear power in the Polish energy mix, avoiding the transitional inclusion of gas, with the government focused on building the first nuclear power plant in Lubiatów-Kopalin. Before his trip to Davos, Nawrocki had met with entrepreneurs to discuss Poland’s […]

Witkoff Set To Meet Iran Envoy In Istanbul For Rare Direct Nuclear Talks At this point it it seems clear that President Trump is not quite ready to order a major attack on Iran, after last week threatening to do so, and weighing military options. Instead, Washington and Tehran could be inching back toward direct contact. US envoy Steve Witkoff and Iranian Foreign Minister Abbas Araghchi are expected to meet on Friday in Istanbul to […]

“Advocating Genocide”: Musk Slams Far-Left Spanish MP’s Demand 500,000 Illegals Be Made Citizens For ‘Population Replacement’ Via Remix News, Irene Montero, a politician from the far-left, pro-immigration Podemos party, is arguing that after granting amnesty to 500,000 illegal immigrants, the Sanchez government should now make them Spanish citizens and amend the law to allow them to participate in elections. She specifically […]

It’s Time To Accept That Civil War 2.0 Has Already Started Authored by Brandon Smith via Alt-Market.us, In July of 1917 as the fires of WWI raged across Europe, the Russian city of Petrograd was facing its own special turmoil in the form of a large scale Bolshevik insurgency. Up to 500,000 protesters, agitators and provocateurs had entered the city from across the country, many of them armed. They took over large swaths of the […]

Watch: Russian Soldiers Surrender To Gun-Wielding Robot; Humanoid Warfare Nears Video footage circulating on X from the Ukrainian front shows a Droid TW-7.62 ground robotic system, roughly half the size of a Mini Cooper, forcing the surrender of three Russian troops during an active military operation. The incident suggests that war robots are rapidly maturing, moving beyond support and logistics into offensive roles. Futurism […]

America At 250: The Words That Helped Ignite A Revolution Authored by Gene Pisasale, via RealClearWire, “… a thirst for absolute power is the natural disease of monarchy …. To the evil of monarchy we have added hereditary succession … the first is a degradation and lessening of ourselves … the second, claimed as a matter of right, is an insult and an imposition on posterity.” – Thomas Paine, “Common Sense” On […]