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SpaceX and its AI subsidiary xAI have entered a classified Pentagon competition to develop voice‑controlled, autonomous drone‑swarming systems. The contest, part of a broader push for AI‑enabled weapons, pits the two Musk‑owned firms against other defense contractors. Musk announced a merger of SpaceX and xAI in early February, positioning the combined entity to leverage aerospace expertise and advanced machine‑learning capabilities. Their participation marks a notable shift for Musk, who has previously warned against new killing tools powered by AI.
UK bank leaders are convening to launch a sovereign payments network, DeliveryCo, as an alternative to Visa and Mastercard. The initiative, backed by City funders and the Bank of England, aims to mitigate risks from potential US political actions, such...
⚠️The US Dollar's role in global reserves is FALLING: USD share in global currency reserves dropped to ~40%, the lowest in at least 25 years. This is down from ~58% a decade ago. During the same period, gold’s share has risen from 16%...
Thailand's finance ministry has instructed state‑owned enterprises to fund new investments primarily from internal revenues, limiting reliance on borrowing that is classified as public debt. The policy follows a backdrop where public debt stands at 66.1% of GDP, close to...
Thailand’s economy posted a surprising 2.5% GDP expansion in Q4 2025, outpacing the finance ministry’s 1.8% forecast and the NESDC’s 0.3% estimate. The stronger performance lifted full‑year 2025 growth to 2.4%, above the 2% target, and the finance chief now aims...
Andrew Baker has been promoted from chief technology officer to chief information officer at Capitec, succeeding Wim de Bruyn who led the role since 2014. Baker joins the CIO post after four years driving Capitec’s migration to Amazon Web Services and...
A year ago, CDS on Alphabet and Meta didn't exist. Now they're among the most actively traded single-name contracts in the US market Nobody creates a default insurance market for fun... $GOOG $META
Dell VP David Noy announced that discrete storage architectures outperform disaggregated designs for large‑scale AI workloads, reversing Dell’s earlier promotion of disaggregation. He cites PowerScale’s integrated controller‑drive chassis as delivering lower rack space, fewer switches, and reduced power consumption. The...
Virtual IT Group has appointed Maurice McCarthy, a former Optus customer‑success director, as its new chief executive officer, succeeding founder Christian Pacheco. McCarthy brings 25 years of telecom leadership and will focus on client outcomes, service reliability, and responsible AI integration. Pacheco transitions...
The Australian dollar held near 0.7072 against the U.S. dollar on Monday as a firmer greenback limited upside. The pair slipped from three‑year highs of 0.7147 after U.S. CPI showed inflation easing to 2.4% and unemployment edging down to 4.3%,...
Alexander Group, a revenue‑growth management consultancy, argues that attracting top talent in media sales requires a purpose‑driven culture. The firm highlights that the modern account executive must possess advanced technological skills that younger professionals naturally bring. By linking mission‑focused values...
AI disruption is hitting IG credit spreads, not just stock prices. Concentrix: BBB-rated, 455,000 call center employees. Paid 130bps concession to refinance. Stock down 24% last week. Spreads doubled in February. Credit markets pricing obsolescence before it shows up in earnings.
India’s PM Surya Ghar rooftop solar scheme, launched in February 2024 with up to 40% subsidies, has installed only 2.36 million panels, far short of the 4 million target for March. Loan approvals are delayed or rejected for roughly 60% of applications, and many...
Buying a business without thorough due diligence can turn a promising investment into a costly liability. The article outlines a comprehensive checklist covering assets, employees, finances, legal matters, marketing, and operational structure to evaluate a target company. It emphasizes that...
Canada is caught between a U.S. trade war and its own USMCA renewal, while seeking to expand its automotive sector with Asian partners. President Trump threatened 100% tariffs on Canadian goods and warned he could block the Gordie Howe International...
Nigeria’s Dangote Refinery reached full 650,000 bpd capacity in January 2026, processing a record 40.1 million litres of crude per day and supplying 57 % of the nation’s fuel. Domestic output now provides 62 % of premium motor spirit, overtaking imports for the first...
Leading European large‑cap equity funds rebalanced portfolios in December, increasing exposure to financial services, healthcare and, to a lesser extent, industrials. At the same time, allocations to basic materials, consumer defensive and technology stocks were trimmed. ASML emerged as the...
Capriotti's Sandwich Shop is celebrating its 50th anniversary with a aggressive expansion plan, unveiling a "50-50-50" franchise incentive that can save qualified partners up to $50,000 in royalties and fees. The brand announced the opening of 20 new locations and...
Policloud, a French AI‑focused cloud startup, announced a plan to deploy up to 1,000 sovereign micro‑data centers by 2030, delivering more than 250,000 GPUs. The company has already installed eight sites across France, the Gulf Cooperation Council and the United...
President Donald Trump’s newly created Board of Peace will hold its inaugural meeting on Feb. 19, promising to release $5 billion in humanitarian and reconstruction aid for Gaza. The board, established under UN Security Council Resolution 2803, will operate as a donor‑led, international...
Plus500’s chief executive, chief financial officer and chief marketing officer announced the sale of 1,500,000 ordinary shares, representing roughly 2.14% of the company’s issued capital. The transaction will be executed on the secondary market through Goldman Sachs International, with Panmure...
Ricursive Intelligence, founded by former Google Brain and Anthropic engineers Anna Goldie and Azalia Mirhoseini, closed a $300 million Series A and a $35 million seed round, totaling $335 million, at a $4 billion valuation within four months of launch. The startup builds an AI‑driven...
Chevron is aggressively expanding its Venezuelan heavy‑crude production to feed its complex Gulf Coast refineries, which are optimized for dense, sulfur‑rich oil. Global supplies of such crude have tightened as Mexican exports fall, Russian barrels are sanctioned, and Canadian logistics...
The article distills six leadership lessons drawn from U.S. presidents—Washington, Reagan, Johnson, Lincoln, Roosevelt, Eisenhower, and Clinton—and shows how they translate to modern business. It highlights integrity as a strategic asset, the power of clear vision, the upside of long‑term...
The episode reflects on the start of the Lunar New Year as a moment to pause and look ahead at China’s evolving role in a shifting global order. Using Wang Wei’s poem, the host argues that while major structures and...
Japanese fintech PayPay Corp. announced a U.S. market entry strategy that pairs a Visa partnership with an upcoming initial public offering. The collaboration will enable PayPay to bundle its Balance, Card and Bank services into a single Visa credential, expanding...
Oracle announced a decisive new approach to MySQL, installing fresh engineering leadership and unveiling a public development roadmap. The vendor pledged to shift key commercial‑only features, such as vector functions for AI workloads, into the open‑source Community Edition. Greater transparency,...
Howard Rubin, founder of The Technology Economists, warns that rising IT budgets are being eroded by inflation that outpaces spending, with average budget growth of 3.1% versus 6.9% inflation. His research shows that even sectors like banking see real IT...
Niger's military government moved roughly 1,000 tonnes of uranium concentrate, known as yellowcake, to Air Base 101 near Niamey after seizing the Orano‑run mine. The stockpile remains unsold, with potential buyers from Russia, China, the United States and the UAE...
A U.S. federal government shutdown can render the E‑Verify system unavailable, disrupting the connection between SAP SuccessFactors Onboarding and the federal verification service. During a shutdown, employers using SuccessFactors may be unable to automatically confirm employee eligibility, potentially delaying hires....
The EU Council approved new customs rules that will end the duty‑free exemption for parcels up to €150, imposing a flat €3 charge per item category starting July 1. Last year, 5.8 billion low‑cost e‑commerce parcels entered the bloc, a 26 % rise...
Tamar Riley is leaving the Evening Standard after just eight months to become portfolio managing director at Immediate, a media group that owns Good Food and other lifestyle brands. Riley, who previously spent nine years at Refinery29 driving audience‑first revenue...
The NAHB’s AD&C Financing survey shows that in Q4 2025 the cost of credit for residential builders fell to its lowest level since 2022. Contract rates dropped across land acquisition, development, speculative and pre‑sold single‑family loans, and effective rates fell even...
This former analyst turned a single report into Silicon Valley gospel—then she raised billions to rewrite the rules of venture capital.
Given I timed the sector rotation with precision in Nov & said it would likely run until Feb, and we are here, I'm gonna share what else I also told clients: IN LIEU OF SECTOR ROTATION, THERE WILL BE VOLATILITY™️😉
The fourth quarter of 2025 marked the first quarter‑over‑quarter rise in biopharma job postings, with a 10% increase and a 4% uptick in average listings, despite a 14% year‑over‑year decline. Science/research and development roles grew 14% while clinical positions surged...
The best—only?—argument that Trump is bearish for oil prices is that OPEC+ wouldn't have hiked crude production as aggressively last year in a world in which Harris was sitting in the White House.
Back in Brussels today for the #Eurogroup meeting, where we discussed: 🔹 euro area policy priorities for 2026 🔹 the international role of the euro https://t.co/FAa7OvZiMt
IT integrator Ailanto announced a sovereign cloud service for Swiss organizations built on Cubbit’s DS3 Composer software‑defined object storage. The offering launches with 1 PB of capacity hosted in Swiss‑based data centres and will expand later in 2026. It provides S3‑compatible,...
Modeled a range of scenarios, but showing mid-bull to make a key point. For the first time in semiconductor industry history, value creation is primarily an ASP story not a volume story. https://t.co/IoHFb65Gmq
Talked to a @BananaCap_ portfolio company this morning who mentioned they hired 10+ people from their @ThePeelPod episode. Insane how much value you can add for founders when you get really dialed in on content.
The Hindu BusinessLine letters highlight three regulatory concerns. First, they argue that the credit‑deposit ratio alone cannot gauge bank health and call for abolishing the Cash Reserve Ratio to improve deposit mobilisation amid RBI’s new risk‑based insurance premiums. Second, they...
Working on my $AMZN growth thesis report for this week, and just helpful to point out, that this high capex to FCF is not uncharted territory for Amazon. I get there is more competition this time than e-comm but they...
Does anyone have a good explanation for why equity skew shows investors are paying up for downside protection but also VIX futures are at near record shorts? Those seem to be contradictory. https://t.co/IWYZ9IHTYl
The UK Parliament’s Women & Equalities Committee is pressing the government to extend the Employment Rights Act’s ban on non‑disclosure agreements (NDAs) to freelancers in the music sector. While the Act now voids NDAs that silence employees reporting harassment, it...
Underestimated moment of agency/leverage is that many systems are being redesigned for AI & fluid for the first time in a long time (how do you hire? How does scientific publishing work?) That creates an opening for small groups to set...
Good piece. Warsh would be a fundamental break from the Bernanke, Yellen, and Powell Feds if he carried out his views. Do I think he’s capable of pulling that off? Not really. Do I think he might try to and...
OTP Ventures, founded in 2023 by ex‑BharatPe CEO Suhail Sameer, closed its first fund at ₹500 crore after a 17‑month raise that attracted over ₹750 crore in commitments. The fund originally aimed for ₹400 crore but was capped to maintain size discipline and...
Are there any other explanations for the multi-year vertical ascent in hedge fund gross leverage aside from a reduction in front end interest rates / funding costs? https://t.co/WkIt1xAlmd
Two things are simultaneously true -- a) China's surplus doesn't automatically flow into its fx reserves and then into Treasuries and Agencies b) China's large ongoing surplus (+ the increase in fx assets of the state banks) cautions against using the...
