Author: franperez66q@protonmail.com
Traders work on the floor of the New York Stock Exchange. NYSETuesday’s rally was so intense that it’s shaking up some of the usual assumptions around volatility pricing.The Cboe Volatility Index (VIX) – sometimes referred to as the stock market’s “fear gauge” – rose a full point in the midst of Tuesday’s breakout 1.8% rally in the S&P 500. As stocks extended gains in the first hour of trading Wednesday, the volatility gauge was up alongside equities again. As the market softened and reversed, the VIX fell.Stock Chart IconStock chart iconThe VIX index and the S&P 500 in the past…
Jay Parikh, executive vice president of CoreAI at Microsoft, speaks at a Siemens news conference at the Consumer Electronics Show in Las Vegas on Jan. 6, 2026.Caroline Brehman | AFP | Getty ImagesMicrosoft is telling developers working on AI coding projects to rely on OpenAI’s top-tier model over rival products as part of an effort to maximize efficiency.”Internally, shifting more workloads to OpenAI models helps us get greater value from our token investment,” Jay Parikh, executive vice president of Microsoft’s CoreAI engineering group, wrote this week in a memo to employees that was viewed by CNBC. Tokens measure the scale…
Laura Trott, shadow education secretary for the Conservatives, and Munira Wilson, education spokeswoman for the Liberal Democrats, are among MPs who have signed the letter.Tom Gordon, Liberal Democrat MP for Harrogate and Knaresborough, also signed the letter and told the BBC he could not “see an end in sight” to his own Plan 2 student loan repayments. Instead, he said he expected his debt to be written off after 30 years in line with the repayment terms.”If someone earning an MP’s salary still isn’t likely to repay their student loan in full, what chance does someone on a much lower…
The company set up a pair of dual-rail qubits, each containing two coupled resonators. Between them was a tunable coupler that could be switched on or off. Depending on the state of this coupler, the two qubits would either operate independently or interact. Practically, this involves setting the coupler so that one qubit (termed the control qubit) partially occupies the coupler, allowing it to interact with the second. Running an entangling gate turned out to be extremely simple: Activate the connection, wait, and then shut it off again. The “wait” portion would not even give you time to check your…
Sen. Marsha Blackburn (R-TN) speaks during a rally organized by Accountable Tech and Design It For Us to hold tech and social media companies accountable for taking steps to protect kids and teens online on January 31, 2024 in Washington, D.C.Jemal Countess | Getty Images Entertainment | Getty ImagesThe Kids Online Safety Act, known as KOSA, cleared a key hurdle Wednesday by advancing through the Senate Commerce, Science and Transportation Committee.The measure, which has strong bipartisan support, is aimed at establishing protections for children’s online safety by creating parental controls and studying the impact of social media on the well-being…
Google’s AI divisions are getting reshuffled, the search giant announced on Wednesday, with chief scientist Jeff Dean leaving the company after 27 years. Demis Hassabis, the CEO of Google DeepMind, is moving into a chairman role of that unit and also assuming the title chief scientist of parent company Alphabet, according to a memo from CEO Sundar Pichai that was posted to Google’s blog. Alpahbet shares fell about 4% after the announcement.Dean, a pioneer in artificial intelligence who’s been credited with some of Google’s most important technical breakthroughs, is starting his own company along with Google senior fellow Sanjay Ghemawat,…
A former neo-Nazi selected by the Conservatives to fight a council election next year has pulled out after a backlash against his candidacy.Joshua Bonehill-Paine was convicted of racially harassing Jewish former Labour MP Luciana Berger in 2016, while already serving a separate jail sentence for sharing antisemitic posts.Tory leader Kemi Badenoch had defended the decision to select him as a candidate for the new Somerset Council seat of Crewkerne South, saying he had been rehabilitated and her party “believes in second chances”.But Bonehill-Paine said he had now withdrawn his candidacy, and had been offered a position as an anti-extremism adviser…
A SpaceX Falcon 9 rocket launches carrying Firefly Aerospace’s Blue Ghost lunar lander as the primary payload and Japan-based ispace’s Resilience lander as a secondary payload, from Kennedy Space Center in Cape Canaveral, Florida, Jan. 15, 2025.Steve Nesius | ReutersParts of a SpaceX rocket reportedly crashed into the Moon on Wednesday — a collision analysts say provide a “good metaphor” for the satellite maker’s plunging share price.Elon Musk’s SpaceX slumped in morning trade after reporting its first quarterly earnings as a publicly traded company this week. Although revenue soared 92%, investors were unnerved by a sixfold increase in the company’s…
SpaceX’s AI revenue more than trebled from the previous quarter to $2.56 billion, with the majority of that coming from deals to lease data center capacity to rival AI groups including Anthropic and Google. That approach has boosted SpaceX’s short-term revenues while limiting its capacity to train and run its own competitive AI models. Dec Mullarkey, managing director of SLC Management, said SpaceX’s data center leasing could hamper it. “Their margins are going to be capped if they are primarily a cloud company,” he said. SpaceX’s $1.65 trillion market capitalization also hinges on Musk achieving ambitious goals such as reaching…
An American flag flies near the Ever Memo container ship at the Port of Los Angeles on May 28, 2026 in Los Angeles, California. Mario Tama | Getty ImagesThe Trump administration said it has refunded about $100 billion of the tariff revenue that was collected before President Donald Trump’s “liberation day” duties were struck down by the Supreme Court.The figure, reported Tuesday in a filing in the U.S. Court of International Trade, represents about 60% of the roughly $166 billion the government says it raked in from the sweeping tariffs Trump imposed in 2025 using the International Emergency Economic Powers…