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IBM Announces Five-Year, $10BN Quantum Investment IBM is set to invest more than $10 billion in quantum computing over the next five years. According to the company, the investment will cover R&D, capex, manufacturing scaling, ecosystem partnerships, and M&A areas that IBM says will help accelerate its quantum roadmap beyond 2029, when it expects to deliver the world's first large-scale, fault-tolerant quantum computer. The anno....
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Uber Introduces $1,500 Monthly Cap On AI Coding Tools After Budget Blowout
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www.zerohedge.com
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1 day ago
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Uber Introduces $1,500 Monthly Cap On AI Coding Tools After Budget Blowout Uber has set a $1,500 monthly cap on employee spending for specific AI coding tools after the company exhausted its entire 2026 budget for those tools in the first four months of the year. The limits apply to agentic coding platforms such as Anthropic’s Claude Code and Cursor, according to Stocktwits . Prior to the caps, some engineers were generatin....
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Latest Fed Beige Book Underscores "K-Shaped" Split Of US Economy
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www.zerohedge.com
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1 day ago
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Latest Fed Beige Book Underscores "K-Shaped" Split Of US Economy Economic activity increased at a "slight to moderate" pace for ten of the twelve Federal Reserve Districts, while one District reported a slight decline and one reported no change, according to the latest Fed Beige Book. The just released Beige Book - prepared at the Federal Reserve Bank of Kansas City based on information collected on or before May 27, 2026, and is the....
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The images that have emerged from Gaza reveal the anatomy of a desolate landscape that defies human comprehension. Nothing can prepare the conscience for the sheer suffocating scale of a seemingly endless treeless terrain overwhelmed with millions of tons of concrete and rebar. There is a distinct agonizing geometry to the destruction of buildings folded [...]
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Last week, the Cuban Center for Molecular Immunology (CIM) announced a major health breakthrough with VAXIRA, a vaccine treatment for lung cancer. This is a remarkable achievement, made only more impressive by the fact that this is Cuba’s second lung cancer vaccine. The vaccine stops the progression of cancer by developing the patient’s immune system [...]
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Congress Needs to End These Tragic, Stupid, Illegal Wars of Aggression, and Prevent New Ones
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znetwork.org
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1 day ago
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This should not be a news flash to anyone, but the Trump Administration is out of control when it comes to war (and many other things, like ruining the economy, our judicial and electoral systems, as well as the landscape of the nation’s capital). Congress needs to do its job and reign in the executive [...]
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In our youth there were certain books that stood out and left a lasting impression on us. At the time, these books seemed to change our entire lives, young as our lives were. One would-be genius told me she was 8 years old when she read Montesquieu. I guess I was a late bloomer as [...]
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When Principle Meets Practice: A Left-Wing Critique From the Inside
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znetwork.org
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1 day ago
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Is it enough for a politician to say the right thing? Or is genuine credibility also measured by what one does in front of others in daily life? On 27 May 2026, the left-wing newspaper Dagbladet Information published a short opinion piece by me under the title: “Pelle Dragsted is not taking responsibility when cycling [...]
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Dispersion And Correlation Are Screaming Overbought, Downside Hedging Is Cheap
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www.zerohedge.com
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1 day ago
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Dispersion And Correlation Are Screaming Overbought, Downside Hedging Is Cheap Submitted by SpotGamma CBOE’s Dispersion Index (DSPX) is at levels only seen during Covid and the April ’25 tariff crash, while Correlation (COR1M) is near all-time lows. This divergence signals extreme positioning risk driven by the AI stock chase, and makes SPY downside hedges historically cheap. Traders have been chasing AI related names in such h....
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Jeffries Says Dems Aren’t Thinking About Trump Impeachment “At This Moment”
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znetwork.org
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1 day ago
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Truthout is a vital news source and a living history of political struggle. If you think our work is valuable, support us with a donation of any size. House Minority Leader Hakeem Jeffries (D-New York) has indicated that Democrats aren’t currently considering impeaching President Donald Trump — meaning that the issue likely won’t be a [...]
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New York Democrats Move To Redraw Congressional Maps Authored by Chase Smith via The Epoch Times, New York Democrats are moving to give state lawmakers the power to redraw the state’s congressional maps, entering the national fight over control of the U.S. House. The proposed constitutional amendment would allow lawmakers to draw district lines themselves and redraw them mid-decade. It had not been formally filed as of Tue....
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Total US M2 in 1971 was ~$0.65t, and was $22.8t in June 2026, an increase of 35x, or 6.7% annually, or doubles every 10.7 years
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www.wenbin.org
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1 day ago
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Meanwhile, gold price increases ~130x. Physical cash is only about 10% of M2. Roughly 90% of M2 is bank deposits and money-market balances.
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Total US M2 in 1971 was ~$0.65t, and was $22.8t in June 2026, an increase of 35x, or 6.7% annually, or doubles every 10.7 years
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www.wenbin.org
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1 day ago
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eng
Meanwhile, gold price increases ~130x. Physical cash is only about 10% of M2. Roughly 90% of M2 is bank deposits and money-market balances.
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SDNY Prosecutors Looking At Valuation Discrepancies In Private Credit Market
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www.zerohedge.com
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1 day ago
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SDNY Prosecutors Looking At Valuation Discrepancies In Private Credit Market In a move that is long overdue, Jay Clayton, the US attorney for the Southern District of New York, said his office is looking at possible valuation discrepancies in the private credit marketplace. Wall Street’s top prosecutor addressed the issue Wednesday while speaking at the Bloomberg Global Credit Forum in New York. Clayton said the difference between....
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'The Pricking Is Coming': Dalio Warns AI Bubble Will Burst Like Dot-Com, But Tech Will Endure
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www.zerohedge.com
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1 day ago
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'The Pricking Is Coming': Dalio Warns AI Bubble Will Burst Like Dot-Com, But Tech Will Endure Bridgewater Associates founder Ray Dalio appeared on Bloomberg TV today and delivered a measured yet cautionary assessment of the artificial intelligence investment frenzy. He highlighted classic bubble dynamics - sky-high valuations, rampant speculation, and "paper wealth" vastly outpacing actual cash flows - while drawing direct parallels to....
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Snubbed By SpaceX, Jefferies Now Helping Traders Short World's Biggest IPO
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www.zerohedge.com
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1 day ago
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Snubbed By SpaceX, Jefferies Now Helping Traders Short World's Biggest IPO Two weeks ago, when the SpaceX IPO prospectus landed, we observed, that " Goldman is lead left; and pretty much every other bank is on the cover." Goldman is lead left; and pretty much every other bank is on the cover. They need that to sell it to retail https://t.co/9JogVIxo1i pic.twitter.com/nSnvx6tWqs — zerohedge (@zerohedge) May 20, 2026 Yet one ....
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CBS Fires '60 Minutes' Scott Pelley 'For Cause' After "Performative Display Of Hostility"
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www.zerohedge.com
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1 day ago
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CBS Fires '60 Minutes' Scott Pelley 'For Cause' After "Performative Display Of Hostility" CBS News has fired "60 Minutes" correspondent Scott Pelley over a row with new executive producer Nick Bilton. As Just The News reports, the shakeup marks the latest in a series of major changes at the network since Bari Weiss took over the network . Her tenure has prompted internal dissent, much of which has leaked into the press. W....
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Rabo On Regime-Change At The Fed: What Warsh Can (And Should) Do First
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www.zerohedge.com
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1 day ago
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Rabo On Regime-Change At The Fed: What Warsh Can (And Should) Do First The honeymoon period for Warsh is over . The FOMC could have given him the professional courtesy of allowing him to settle in, but in recent weeks several Committee participants have staked out their position. They want to drop the FOMC’s easing bias and instead take a more neutral stance. This means it will be more difficult for Warsh to convince the Committ....
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Goldman Sits Down With Anduril As 'War Unicorns' Reshape Defense Tech
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www.zerohedge.com
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1 day ago
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Goldman Sits Down With Anduril As 'War Unicorns' Reshape Defense Tech Palmer Luckey’s defense startup, Anduril, is emerging as the Department of War’s answer to the urgent need for affordable, scalable advanced weaponry produced at lightning speed, rather than through the slow, over-budget procurement cycles that have long defined the legacy primes. The twin conflicts raging across Eurasia and the Middle East, from the Russia-Ukraine w....
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Quantum Computing: Hype Or The Real Deal? Authored by Michael Lebowitz via RealInvestmentAdvice.com, The word “ quantum ” is defined as “ an amount ,” with its Latin root meaning “ how much .” In physics, a quantum is the smallest discrete unit of any physical property. The adjective form, as in “ quantum leap ,” describes a sudden, significant, and fundamental change. It is also a perfect adjective for coining the next potential t....
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Introducing Zyte Web Data for Claude Code: Production-ready scraping from a prompt
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www.zyte.com
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1 day ago
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eng
Developers are embracing agentic coding tools - but data engineers need tools with specialist scraping skills.
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Ukrainian Drone Smashes Into Russian Passenger Bus, Killing 8 Civilians
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www.zerohedge.com
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1 day ago
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Ukrainian Drone Smashes Into Russian Passenger Bus, Killing 8 Civilians The last 48 hours have seen massive, devastating Russian missile and drone attacks on the Ukrainian capital and other cities, which left at 18 dead and over 100 injured. Russia said this was in response to the Starobelsk dormitory attack of last month and other drone attacks targeting Russian territory. But Ukrainian forces have upped the ante once again, this ....
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Oil Prices Hold Gains As Gasoline Stocks Hit 12 Year Lows, Cushing 'Tank Bottoms' Loom
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www.zerohedge.com
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1 day ago
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Oil Prices Hold Gains As Gasoline Stocks Hit 12 Year Lows, Cushing 'Tank Bottoms' Loom Brent crude prices are rising back toward $100 per barrel this morning following the latest flare-up in fighting to threaten the U.S.-Iran ceasefire Prices rose after the U.S. military said Iran fired missiles toward Kuwait and Bahrain , which failed to hit their targets. The United States said it then struck an Iranian military ground control st....
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Ubuntu plans to add AI-powered voice input to all text fields
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www.omgubuntu.co.uk
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1 day ago
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eng
Ever wished you could talk in to a text field rather than type? Ubuntu 26.10 hears you – quite literally. Canonical’s VP of Engineer Jon Seager, at the Ubuntu Summit, said the distro will soon lets users “press a button and talk into any field that you could previously type in”. A small, on-device AI language parsing model like Whisper will power the feature. It’s part of a wider push to integrate AI features in Ubuntu this year, with found..
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