Credit default swaps forecast AI bankruptcies
CDS spreads are deteriorating across mega-cap AI stocks including Alphabet, Amazon, Meta, and SpaceX, which all hit record spreads this week.
CDS spreads are deteriorating across mega-cap AI stocks including Alphabet, Amazon, Meta, and SpaceX, which all hit record spreads this week.
The Iranian CyberAv3ngers hacker collective is the main suspect in a series of attacks that hit 30 water firms across Minnesota this week.
Russia issued an international arrest warrant for Telegram founder Pavel Durov, charging him with allowing terrorist activities on the app.
The KOSPI has erased about $1.6T of market value since June 19, more than all the BTC in the world is worth.
Core Scientific gave Jack Dorsey’s Block $67.9M for BTC mining chips. It then booked a $41.9M loss for the right to stop buying them.