Posts

The bond turmoil is ratcheting up calls for an imminent stock-market correction

Image
NYSE The bond sell-off has already weighed on stocks, but fears of a deeper correction are rising. Yields are solidly above 5%, a threshold that's caused pain for stock investors in past episodes. "A market correction seems imminent," Steve Eisman wrote on Thursday as bonds tumbled again. The deepening sell-off in the bond market could soon be a much bigger drag on stocks. It may not be long before the sell-off rattling government bonds this week spreads to the stock market, Wall Street analysts are warning. Bond turmoil has dominated market headlines this week, with Treasury yields spiking to levels not seen in decades. A grim cocktail of macro, fiscal, and geopolitical concerns has spurred the latest leg down, and investors fear the next shoe to drop will be in the stock market. Yields influence borrowing costs for a wide range of consumer and business loans, including mortgages, credit cards, and auto loans. Higher yields also pressure stocks by offering a viable a...
Post a Comment
Read more

PrismML brings its tiny LLMs to Qualcomm-powered smart glasses

Prism's larger goal is open-weight AI that runs on devices and makes better use of the computing power they already have. from TechCrunch https://ift.tt/kpj2svf via IFTTT
Post a Comment
Read more

Enveda secures $311M to bring more nature-derived AI drugs into clinical trials

The round valued the AI biotech at $2 billion. It is currently testing drugs that treat skin conditions and preserve weight loss after stopping GLP-1s. from TechCrunch https://ift.tt/z5Vo6nq via IFTTT
Post a Comment
Read more

Modal Motors is trying to cut China out of electric motors entirely

The startup is working on small, light motors with no rare earth magnets that are suited for drones, fans, and robots. from TechCrunch https://ift.tt/JX7kC16 via IFTTT
Post a Comment
Read more

Best cat backpacks

Image
When you buy through our links, Business Insider may earn an affiliate commission. Learn more The Pecute backpack was a comfortable design for both our reporter and her cat. Janelle Leeson/Business Insider Most cat backpacks aren't cat-friendly. Bubble windows can trap heat, and interiors can be too cramped for a cat to turn around comfortably. Even more, when your cat needs you most, like when exploring new and unfamiliar places, they're on your back, where you can't easily check in or soothe them. That said, there is a time and place when a backpack beats a carrier. After testing five backpacks and speaking with experts, I found two winners — but neither is a one-size-fits-all solution. I'm a pets reporter who has walked my cats, Atlas and Lyra, on harness and leash for seven years, and I know a backpack is non-negotiable for their safety. The right backpack can also be a great option for air travel, keeping your hands free in busy airport terminals, expanding to giv...
Post a Comment
Read more

Save on back-to-school streaming with a Disney Plus and Hulu student discount

Image
When you buy through our links, Business Insider may earn an affiliate commission. Learn more Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images Streaming costs can add up quickly, but eligible students can save big time on the Disney Plus and Hulu bundle thanks to the platform's student discount. The Disney Plus and Hulu student discount cuts the ad-supported bundle by 50% each month for as long as student enrollment status remains verified, unlocking years of potential savings. The Disney Plus bundles are already some of our favorite savings hacks. Disney Plus and Hulu each start at $12 a month on their own, but you can get both services under one bundle subscription for just $1 a month more. The student discount simply sweetens the deal: students can get their subscription for just $6.49 a month — half off the standard bundle price and effectively 27% of what it would cost to subscribe to each service separately. A bundle subscription unlocks all things Marv...
Post a Comment
Read more

Ukraine's growing fleet of new high-speed interceptors is downing Russia's fastest attack drones

Image
A Russian Geran-5 drone, filmed by a Wild Hornets interceptor. Wild Hornets/Screengrab via X Ukraine is building out its fleet of new high-speed interceptor drones. The interceptors are designed to engage Russian jet-powered drones like the Geran-5. Russia has significantly ramped up its use of these drones, posing a challenge for Kyiv. Ukraine is building and fielding a growing fleet of new high-speed interceptors to hunt down Russia's fastest attack drones as Kyiv looks to fill gaps in its air defenses. Ukrainian company Wild Hornets said on Monday that a tactical air defense unit used the firm's new Sting S interceptor to shoot down a Russian Geran-5 jet-powered drone. A Wild Hornets spokesperson told Business Insider that it was one of several Geran-5 drones shot down over the last few days, along with roughly a dozen slower Geran-4 jet-powered models. The interceptions mark the first results from combat testing for the new interceptor, an evolution of Wild Hornets'...
Post a Comment
Read more