Futures Slide As Tech Tumbles On Fears Of AI Slowdown, Oil Jumps US futures are sliding, dragged by fears of a possible AI development slowdown as well as higher oil prices (Brent > 108), though bond yields are not reacting yet (10Y yield still under 5%).
Futures Slide As Tech Tumbles On Fears Of AI Slowdown, Oil Jumps US futures are sliding, dragged by fears of a possible AI development slowdown as well as higher oil prices (Brent > 108), though bond yields are not reacting yet (10Y yield still under 5%). As of 8:00a…
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Elon Musk on Saturday continued to defend Starlink after Ukraine faced more than a week of speed restrictions that disrupted its war effort against Russia, saying SpaceX has done more to defend the country than any other private company "by far," while accusing the country of using the technology in violation of its…
A news outlet reported that drone attacks targeted a camp of the Iranian Kurdish opposition in Iraqi Kurdistan. The report did not provide information regarding casualties or the aftermath of the incident.
Iran attributed the failure of a deal to the United States and called for a new attempt, amid concerns about potential new attacks. Tehran warned that even limited strikes would trigger a response "several times greater."
Elon Musk stated on X that Ukraine violated Starlink’s terms of use by employing the service for offensive drone strikes. Concurrently, Ukrainian President Volodymyr Zelensky reported that Starlink and Starshield operations had returned to pre-restriction speeds.