Anthropic shipped Claude Opus 4.8 on May 28, 2026, just 41 days after 4.7, with dynamic workflows, a 3x cheaper fast mode, and a sharper honesty pitch. Same day, it raised $65 billion at a $965 billion valuation.
Claude Opus 4.8 Lands 41 Days After 4.7 as Anthropic Raises $65 Billion Read More »
Marvell and Salesforce report tonight in the shadow of Zscaler losing 17 percent on a 1 percent revenue miss. The AI trade is priced for perfection.
Mortgage rates hit a 5 week high on Tuesday at 6.45 percent. Purchase applications still rose 4 percent week over week and 7 percent year over year. The market is rebalancing, not breaking.
Mortgage Rates Hit 5 Week High at 6.45 Percent: Why Buyers Are Showing Up Anyway Read More »
Antoine Fuqua’s Michael Jackson biopic crossed $600 million worldwide this week. Second highest grossing music biopic ever. Jaafar Jackson carries it. Devil Wears Prada 2 holds second.
Michael Jackson Biopic Crosses $600 Million: Inside the Year’s Biggest Non Franchise Hit Read More »
GovWell closed $25 million Series A from Insight Partners on May 14. The startup is rebuilding municipal permitting and licensing software with AI. 130 cities, 34 states, 95 percent faster permits.
GovWell Raises $25 Million: The AI Operating System Rebuilding Municipal Permitting Read More »
Senate Republicans want $1 billion for White House security. $220 million is ballroom hardening. The rest is Secret Service. Democrats are fighting. Three GOP holdouts will decide.
$1 Billion White House Security: Inside the Senate Fight Over Trump’s Ballroom Read More »
Cerebras priced at $185, opened at $350, closed up 68 percent and minted two billionaires Thursday. Friday gave back 10 percent. The wafer scale chip bet against NVIDIA just went public.
Cerebras IPO: The $95 Billion Wafer Scale AI Chip Bet That Just Hit Wall Street Read More »
Dow lost 537 points. S&P off 1.24 percent. Nasdaq off 1.54 percent. Treasury yields, oil futures, and a non event Beijing summit all hit at once. Nvidia earnings Wednesday decide what is next.
Wall Street Friday Wipeout: Bond Yields, Oil, and the Beijing Summit Letdown Read More »
JPMorgan moved AI spending out of innovation and into core infrastructure for 2026. Total tech budget $19.8 billion. $1.2 billion of that growth is AI. 2,000 new AI staff. Banking just shifted.
JPMorgan Reclassifies AI as Core Infrastructure: Inside the $19.8 Billion Tech Budget Read More »
A Honduras flagged research vessel was boarded near Fujairah this week and taken toward Iran. UKMTO confirmed it. The Strait of Hormuz pattern is accelerating, and oil markets noticed.
Hui Chuan Seized Off UAE: Iran Tightens the Strait of Hormuz Again Read More »
