Bank of America says it is within the realm of possibility for oil to climb to a staggering price of $200 a barrel if the Strait of Hormuz remains a hostile place for a long period of time. In a new Bloomberg interview, Francisco Blanch, head of commodities and derivatives at Bank of America Securities, says the Strait of Hormuz is a critical area for vessels because there’s no alternative for the roughly 20 million barrels of oil passing through the Persian Gulf daily. According to Blanch, oil shippers will not risk passing through the strait after seeing the attacks…
Author: Henry Kanapi
Henry Kanapi
Henry Kanapi is a journalist and editor covering the intersection of artificial intelligence, financial markets, and technology disruption. He has sourced, written, and edited thousands of stories on crypto, banking, and macroeconomics as Senior Editor at The Daily Hodl, where he helped shape coverage for an audience of over two million monthly readers. At CapitalAI Daily, Henry brings a decade of newsroom experience to fast-paced reporting on AI breakthroughs, market shifts, fraud cases, and regulatory battles. His focus is on accuracy, clarity, and exposing how money moves in the age of artificial intelligence. Henry’s work has been cited by leading financial outlets, investment firms, and research communities tracking the future of markets. He is committed to a high editorial standard rooted in transparency and trust.
OpenAI says tens of millions of people are using ChatGPT on a daily basis for questions about health concerns. In a new episode of the OpenAI podcast, OpenAI Head of Health Dr. Nate Gross says patients are increasingly turning to AI tools like ChatGPT throughout the year. According to Gross, health-related queries are one of the biggest drivers of user conversations in ChatGPT. “In fact, 900 million people now use ChatGPT per week. And if you look at how many are doing health-related queries, it’s about one in four in a given week. So that’s 40 million people per day.…
The International Criminal Police Organization (INTERPOL) says thieves are using AI and AI agents to drain more money from victims. In its 2026 INTERPOL Global Financial Fraud Threat Assessment, the organization warns that criminals across the globe are collaborating and sharing tech expertise to scale operations. According to INTERPOL, one technology that is being widely used by criminals today is artificial intelligence. “AI-enhanced fraud is 4.5 times more profitable than traditional methods. ‘Agentic AI’ systems can autonomously plan and execute complete fraud campaigns – from reconnaissance to ransom demands.” Thieves are also using AI to lure people into fake romance…
Nvidia CEO Jensen Huang is updating his forecast for the company’s AI chip sales, believing that it could now hit the trillion-dollar mark. Speaking at the company’s GTC event in San Jose, California, Huang says Nvidia’s AI hardware revenue could soar to $1 trillion at the end of 2027. “I’m here to tell you that right now, where I stand, a few short months after GTC D.C., one year after the last GTC, right here where I stand, I see through 2027, at least $1 trillion. Now, does it make any sense…? In fact, we are going to be short.…
Popular personal finance author Robert Kiyosaki warns that the next market collapse is on the horizon. In a new post on X, the Rich Dad Poor Dad author says today’s asset prices are wildly inflated, and an event that could trigger a meltdown is coming. “BIGGEST BUBBLE BUST: I do not know what pin, what event will pop the biggest bubbles in history. Whatever the event, the pin is near. It’s not IF. It’s WHEN.” According to Kiyosaki, gold, silver, Bitcoin and Ethereum will bounce back in a big way within one year after the predicted collapse. “When the bubbles…
Billionaire investor Mark Cuban says he’s following in the footsteps of Warren Buffett in the midst of a war of geopolitical tensions. In a new interview with Big Short investor Steve Eisman, Cuban says he’s selling assets and prefers to stay on the sidelines for now, despite believing the stock market will continue to move higher. According to Cuban, there’s no telling what could go wrong as the war in the Middle East enters its third week. “I’m really concerned. I’m more in cash. I’m more in the Warren Buffett category, where when the shit hits the fan, and the…
Billionaire investor Ray Dalio says the US could lose its financial might on the global stage if President Trump fails to control one critical shipping route in the Middle East. In a new post on X, Dalio says the United States could follow in the footsteps of Great Britain after failing to control the Suez Canal in 1956. According to Dalio, the trade route in question today is the Strait of Hormuz, and he says the world is watching whether the US wins the “final battle.” “I can tell you here that there are innumerable cases in which a perceived…
A billionaire investor and venture capitalist believes that seven assets are primed to outperform in an AI disruption scenario. In a new post on X, Chamath Palihapitiya says AI is forcing a rethink of how American businesses operate. According to the billionaire, AI could completely disrupt moats that allowed brands and businesses to compound growth over time. “Here is a scenario worth taking seriously: AI lowers the cost of disruption so dramatically, and raises the pace of innovation so relentlessly, that no company can credibly project its free cash flow beyond five years. Because in the time you use AI…
Layoffs in the tech industry are on the rise, and the United States is leading the charge, according to a UK-based foreign exchange provider. RationalFX says its team looked at the wave of layoffs in the tech sector for the first three months of this year by analyzing data from TrueUp, TechCrunch and multiple state WARN databases. The firm finds that 45,363 tech employees around the world have already been laid off, with the United States accounting for 30,846, or about 70% of the global total. According to RationalFX, Amazon leads tech layoffs by a wide margin. “After cutting nearly…
The chief executive of cybersecurity firm Rubrik warns that Iranian hackers are hitting American businesses instead of the defense industry in response to escalating tensions. In a new Fox Business interview, Bipul Sinha says the cybersecurity attack on the medical equipment firm Stryker claimed by the Iranian-linked hacking group Handala is a prime example of how nation-state actors are targeting businesses rather than government agencies. “Anytime you have a geopolitical kinetic action, there is always a retaliatory cyber attack by associated nation-state actors, and we are starting to see that build up. Both our customers and prospects in the region,…