Author: Henry Kanapi

A trader who predicted early last month that oil would rally believes that the move to the upside is far from over. Pseudonymous trader NoLimit tells his 1.1 million followers on X to keep a close watch on the VanEck Oil Services ETF (OIH) and the State Street Energy Select Sector SPDR ETF (XLE). According to the trader, both exchange-traded funds are up double digits in percentage points and will likely continue to move higher. “On February 2nd, I told you to buy OIH and XLE. Since then: OIH: +14% XLE: +10% Crude oil: 7-month highs. And in my opinion,…

Dan Ives says the recent software pullback has created a major disconnect in the value of one of Wedbush’s top stock picks. In a new CNBC interview, the Wedbush analyst singles out Microsoft (MSFT) as one of the most mispriced large-cap tech names he has seen in years. While Ives acknowledges investor concerns around competition and hyperscaler spending, he says the AI revenue opportunity for Microsoft is still early. “Microsoft, I think it’s probably the most disconnected stock that I’ve seen in the last few years relative to where it’s trading. My view is 10% of Azure customers have gone…

A veteran market strategist is unveiling his short and medium-term outlook for the S&P 500 after the United States used military force against Iran. In a recent blog post, Carson Group chief market strategist Ryan Detrick says he looked at decades of price action, stretching out to 1940, to see how the market reacts after a geopolitical crisis. According to Detrick, investors typically seek the shelter of safe-haven assets like gold and bonds as the stock market sees short-term volatility and weakness. Zooming out, the analyst highlights that the S&P 500 usually recovers in just a few months. “Yes, near-term…

Banking titan JPMorgan says it’s looking at data and historical precedent to see whether AI doomsday scenarios hold ground. In a new report, JPMorgan Private Bank outlines a wide range of estimates for potential AI-driven job losses. It also mentions Anthropic CEO Dario Amodei’s projection about how AI will wipe out half of white-collar, entry-level jobs in the coming years. “There is no magic number of how many jobs will be at risk when AI technology has its breakthrough moment. Estimates range from 14% to 30% for displacement, with as many as 80% of Americans being impacted in some way……

Sam Altman explains why the Department of War (DoW) moved forward with OpenAI while talks with Anthropic collapsed. In a new X post, Altman says OpenAI’s approach to safety ultimately led to reaching a deal with the DoW. “First, I saw reporting that they were extremely close on a deal, and for much of the time, both sides really wanted to reach one. I have seen what happens in tense negotiations when things get stressed and deteriorate super fast, and I could believe that was a large part of what happened here. We believe in a layered approach to safety–building…

Big Short investor Steve Eisman warns that a booming area of the financial market has reached a scale that could pose broader economic risks. In a new episode of the Steve Eisman Playbook podcast, Eisman says he’s keeping a close watch on the private credit market, after news emerged that Blue Owl Capital suddenly halted retail investor redemption in a debt fund. “The private credit market has exploded into a $1.8 trillion market. It’s huge. And if it ever blew up, it would hurt the US economy badly. Investors have been showing fear about this market for about a year,…

Anthropic CEO Dario Amodei is pushing back publicly after the Trump administration moved to ban the use of Claude across federal agencies. On Friday, President Trump ordered all federal agencies to “immediately cease” the use of Anthropic’s technology, accusing the firm of strong-arming the Department of War for not complying with its Terms of Service. In a new CBS interview, Amodei says the company’s stance is rooted in patriotism rather than defiance. “I would say we are patriotic Americans. Everything we have done has been for the sake of this country, for the sake of supporting US national security. Our…

Goldman Sachs says the real economy is not yet reflecting the sweeping narratives surrounding artificial intelligence. In a new installment of the bank’s Breaks of the Game podcast, Tony Pasquariello, global head of hedge fund coverage at Goldman Sachs, says corporate earnings data paints a more measured picture. According to Pasquariello, only a tiny fraction of US companies have tied AI to earnings growth. “There are a lot of people with very strong views about what the future is going to look like. About half of S&P companies when reporting Q4 earnings, they talked about AI in the quest for…

Chamath Palihapitiya says Anthropic’s standoff with the Pentagon could reshape the competitive balance among frontier AI labs. In a new post on X, the billionaire venture capitalist says the Claude creator may have shot itself in the foot after refusing to accept the Defense Department’s terms. “In a Democracy, it’s absolutely ok to define who can use the things you make and how. But it’s also absolutely ok for the Government to lose trust in you… and find an alternative. It’s also absolutely ok for you to nuke your own company in the process.” Palihapitiya says Anthropic may have given…

OpenAI has abruptly reached an agreement with the Department of War, after rival Anthropic stood its ground and refused to give in to the Pentagon’s demands. CEO Sam Altman announces the deal on X, just hours after the agency’s deadline for Anthropic expired. “Tonight, we reached an agreement with the Department of War to deploy our models in their classified network. In all of our interactions, the DoW displayed a deep respect for safety and a desire to partner to achieve the best possible outcome. AI safety and the wide distribution of benefits are the core of our mission. Two…