Today's update on the increasingly fragile state of AI related financings from Almost Daily Grant's. Money quote, quite literally: "CoreWeave saw its senior unsecured, 9.625% notes of 2032 reach a 900-basis point spread last Thursday...***with the yield-to-maturity exceeding 14%.***"
@labsoftwaredev.bsky.social
Develops medical laboratory software. Emphasis on medical billing. Former Treasury VP (risk mgmt stuff) at ridiculously global bank, gave that up when I figured out they ignored risk management.
Wait, is this a bit? They're taking up smoking as a flex? Is it April 1?
‘In the CBS News interview, Sankar raised the smoking anecdote while criticizing what he called Silicon Valley's "mass psychosis" and "social delusion" around AI. He has been outspoken in his criticism of AI safety advocates’ 🙀 uk.news.yahoo.com/palantir-cto...
We're going to wind up with the Federal Reserve once again guaranteeing money market funds. Burry said 270 days, now that I'm thinking about it. That's the max tenor for commercial paper. Dunno if that's what he had in mind, but seems too coincidental.
BREAKING 🚨: Housing Market The largest mortgage lender in the United States, United Wholesale Mortgage which was founded 40 years ago, has now plunged 86% since its 2021 IPO 📉 📉
This morning Claude couldn't find when a change happened despite my having granted it access to our change repository. I found it in seconds. Yeah, it's super intelligent alright, and its massive reasoning skills mean we can no longer tell if it's conscious. Riiiiggghhhhttt. Barnum was right.
S&P still being very resilient. I think it's down to a simple cause: wars are expensive, and the gov't is running a massive deficit to fund this one. So there's a ton of surplus bux in the system, exacerbated by Op Twist, which adds a marginal amt of s/t Treasuries, and that's keeping it up.
Never been to Ohio either. My brother spent a month there one night in Columbus many years ago.
when the drones strike bot farms and the trolls are disarmed that's amore
This is another "liberalism is not a suicide pact" view I have. Why does the 1st Amendment require us to tolerate this? Even under the traditional interpretation it shouldn't, because foreign propagandists in Russia are not US persons, i.e. not protected by the Constitution
Ukraine doing the world a service by killing off the Russian bot farms. They might also win the war just by doing this, weirdly enough. WIthout these bots spreading racism & fascism around the world, Russia can't keep acting the spoiler to freedom's influence to keep their pathetic state in place.
Think, think of the fevers, yellow and bilious! Beware of the horrible plague!
It's 2:54 PM and I've had dinner. Be warned, if you marry a Mexican (or an American who grew up in Mexico from a very young age) be prepared to eat dinner early. Very early. It was delicious though. Washed down with Spanish wine, which has by far the best QPR (quality to price ratio) on the planet.
This volume is approximately equal to 16 hours of diesel consumption in the US. At the same time, America itself produces more fuel than it consumes and exports the surplus. It weakens the sanctions pressure on the Russian energy sector.
🇺🇸‼️🇺🇦 Trump's deal on Russian diesel is a "betrayal of Ukraine", - The Atlantic Trump's announced purchase of 2.25 million barrels of Russian diesel will have almost no effect on prices in the US, but could become a serious support for Moscow.
I take a strong position against other strong positions because it's distracting from the actual problem: OpenAI and Anthropic need to be shut down and their executives prosecuted. Even if we can't know the answer, even entertaining the possibility is playing into their hands
In honor of Thelonious Sphere Monk's birthday, a documentary on Pannonica Rothschild, who walked away from her life as a British heiress to be Monk's financial backer and to take care of him whenever and wherever he needed it, because she recognized his genius. youtu.be/2TX6Z7NiF0E?...
The Jazz Baroness - The patron saint of bebop
YouTube video by Larry Keen Channel
youtu.be
I once had what may have been the most complete collection of Monk records of anyone. Could not get enough of him. But even I was still too young to ever see him live. He was already gone from the public eye when I found his music. I did attend the memorial they had for him at the Citi jazz church.
Thelonious Monk ~ Thelonious (from Underground, 1968) #NowPlaying #TheloniousMonk #JazzSky Amazing song, and check out that cover, Monk knew what was what! youtu.be/5ALsycHB9nQ
#SaturdayMood "You've got to dig it to dig it, you dig?” ― Thelonious Monk #TheloniousMonk #BOTD #JazzSky
Oct. 10, 1926: The St. Louis Cardinals win their first World Series in a Game 7 marked by drama and absurdity. Possibly hung-over veteran pitcher Grover Cleveland Alexander saves the day in the 7th inning with a bases-loaded strikeout; Babe Ruth is thrown out attempting a steal to end the game.
Our so-called leaders have prostituted us to the Russians. Destroyed our culture. Our economies. Our honor. Our blood has been spilled on our soil. Our blood on their hands. They are the invaders.
The United States is now importing fuel from Russia, per President Trump.
I posted a little while back that no one ever talks about this but I really wonder if people just didn’t see this or store it in their memory
One more thing about the death penalty before going offline. As disgusted as we should be by Trump's bloodlust, we should NOT lose sight of the CENTRAL role of Democrats in upholding, expanding, and enabling this system that seems to horrify so many people right now. It really cannot be said enough.
This is the point. Lots of people pointing out Russia can barely keep itself in fuel, but this way he gets to deflect the blame from his own lost war in Iran and put the blame on Ukraine for defending itself from slaughter.
From that point forward any rise in fuel prices will be blamed on Ukrainians fighting for their lives, by the entire fascist establishment. Disgusting maneuver