Tag: business news
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Trump signs $70 billion immigration funding bill after months of delay
The $70 billion package will fund Immigration and Customs Enforcement and Customs and Border Protection through the end of President Donald Trump’s term.
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Humaniod robotics company raises up to $1.4 billion from Nvidia, Amazon and others
Investors have rushed to back companies in the physical AI space
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Trump doubles down on Pulte for intelligence post, calls for short-term extension of foreign surveillance law
Unless Congress acts, a key provision of the Foreign Intelligence Surveillance Act will expire at the end of this week.
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Private credit lenders say their big software bet faces an AI reckoning — but not a ‘SaaSpocalypse’
Private credit’s exposure to software is being tested by AI, as lenders look past “SaaSpocalypse” fears to identify winners and losers.
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We’re paring another stock position to bring our cash weighting closer to 12%
This stock hasn’t been a win, but it has quietly risen 10% since our last purchase.
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An option trade to play the volatility in oil prices as Middle East tensions persist
Tony Zhang looks at a way to monetize elevated energy price volatility.
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Palantir’s Karp says businesses are ‘unhappy’ with the frontier AI labs
Palantir CEO Alex Karp says AI will drive the most important political decisions in the U.S. and shouldn’t be decided by party lines.
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North Carolina Treasurer passes on SpaceX citing valuation concerns; favors OpenAI, Anthropic
North Carolina has invested heavily in AI startups OpenAI and Anthropic while avoiding a direct stake in SpaceX.
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Polymarket’s volume fell for the second month in a row even as prediction markets see huge growth
Polymarket’s international prediction market saw another slump in notional trading volume for May while its U.S. platform continues to grow.
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Regulators’ proposed prediction markets rules ban trading on terrorism, assassinations
The proposed rules from the commission will now face a public comment period.
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