From: zerohedge OpenAI Co-Founder & Chief Scientist Departs AI Firm | ZeroHedge Ilya Sutskever, the co-founder and chief scientist of OpenAI’s for-profit arm who helped briefly oust CEO Sam Altman last year, is leaving the artificial intelligence firm. Altman posted on X that Sutskever and OpenAI would “part ways” and the former chief scientist “has […]

From: zerohedge Walmart Soars To Record High After Beating Estimates, Guiding Higher As Consumers “Trade Down” | ZeroHedge WMT stock surged in premarket trading after the company not only reported Q1 earnings that blew away expectations, but guided even higher than consensus, and now expects the full year to be slightly better than planned as […]

From: zerohedge AMC Raised $250 Million In ATM Offering As ‘Meme’ Stocks Rocket Higher | ZeroHedge Is this ‘meme stock frenzy’, The Fed’s fault once again? The last time US financial conditions were this easy (jawboned by Fed officials’ pivot) was the start of the first manic meltup in GME and its meme-mates… The meme […]

From: zerohedge US Producer Prices Accelerating At Fastest Rate In 12 Months, Wall Street Reacts… | ZeroHedge Ahead of tomorrow’s CPI, traders are eyeing this morning’s Producer Prices for any hints that the disinflation trend will return…or not. The answer is “not!” April Producer Prices rose 0.5% MoM (vs +0.3% exp), with March’s +0.2% MoM […]

From: zerohedge Creditors Of Bankrupt FTX To Receive As Much As 142% Of What They Are Owed | ZeroHedge Back in March, when eyeing the tremendous rebound in the crypto space, we joked that creditors in Sam Bankman-Fried’s bankrupt exchange, FTX, would recover 200% of their claims. FTX bankruptcy will be the first Chapter 11 […]

From: zerohedge Bitcoin Miners Are Looking To Africa For Their Next Low-Cost Energy Hub | ZeroHedge Image source: Pixabay. Free to use Much of the media talk on Bitcoin mining tends to be centered on regions such as Iceland, known for its abundant, low-cost geothermal energy, the U.S., which has long been a powerhouse in […]

From: zerohedge George Soros Paying Student Agitators To Whip Up Anti-Israel Protests | ZeroHedge George Soros and his far-left movement is paying student agitators to co-opt and amplify anti-Israel protests at colleges across the country, the reports. The protests, which began at Columbia University, have expanded nationwide – with copycat tent cities erected at colleges […]

From: zerohedge Russia To Seize $440 Million From JPMorgan | ZeroHedge Seizing assets? Just days after Washington voted to authorize the REPO Act – paving the way for the Biden administration confiscate billions in Russian sovereign assets which sit in US banks – it appears Moscow has a plan of its own (let’s call it […]