Bond markets are trading faster than ever with algorithms handling millisecond transactions. Yet electronic trading volumes have stalled at around 50-60%, and block trades done by voice are bigger than ever. The machines didn’t replace humans—they made more space for them.
Anthropic reportedly expects to grow from $5B to $70B in revenue by 2028, potentially reaching a $400B valuation. Meanwhile, research reveals AI collaboration boosts worker output by 60% while reducing coordination time.
FTX founder Sam Bankman-Fried’s attempt to overturn his fraud conviction met with skepticism from a federal appeals court. Judges repeatedly interrupted his lawyer’s arguments and questioned whether new evidence would change the outcome. The 33-year-old is currently serving a 25-year prison sentence
Kyndryl’s revenue dipped 1.4% to $3.72 billion in fiscal Q2 2026, but the company sees strong momentum ahead. Adjusted pretax income more than doubled year-over-year, and the consulting business is accelerating. The company just authorized another $400 million in stock buybacks.
Elon Musk has floated a plan to combat climate change using AI-controlled satellites that would adjust how much solar energy reaches Earth. The concept mirrors controversial solar geoengineering techniques scientists have debated for years. Musk’s vision involves technology far beyond current capabi
Apple is finally entering the budget laptop market with a new MacBook priced well under $1,000. The device will use iPhone processors and come in multiple colors. This could be Apple’s answer to affordable Windows machines and Chromebooks.
Fortnite players are furious about the new Sidekick pets system. The customizable companions cost between $9-18 and lock players into their choices permanently. Community backlash is growing on Reddit with thousands of players protesting the pricing model.
KPMG is fundamentally changing what junior consultants do day-to-day. Instead of endless slide decks and data analysis, new hires will manage teams of AI agents that handle the grunt work. The firm believes this will accelerate careers rather than eliminate jobs.
Nintendo just reported staggering financial results, with revenues up 90% year-over-year thanks to the explosive success of the Switch 2. The console has already sold over 10 million units, leading to a massive upward revision in sales expectations. This isn’t just a successful launch—it’s a phenome
Tesla faces cooling EV demand and intense competition from Chinese automakers producing more compelling models. Meanwhile, Waymo’s robotaxi service has a significant head start in self-driving tech over Tesla’s ambitions.
