Why Kimi K3 is adding to the market worries

A couple things are roiling markets at the moment: 1) The release of Kimi K3, a Chinese open source model from Moonshot 2) Rumors that a hedge fund or two are in trouble The two are partly connected. There is talk about Situational Awareness but it could be someone else as Jim Cramer writes: ” this time it should…

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US July prelim UMich consumer sentiment 54.4 vs 51.0 expected

Prior was 48.9 Conditions 54.9 vs 48.7 expected Prior was 48.4 Expectations 54.20 vs 51.7 expected Prior expectations 49.3 One-year inflation 4.2% vs 4.6% prior Five-year inflation 3.3% vs 3.3% prior  This indicator has been completely taken over by politics and has little value in predicting spending. This article was written by Adam Button at investinglive.com.

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Alphabet and Tesla are the headliners

Bank week is behind us and the calendar now opens up into the good stuff: the companies that actually touch oil wells, rail cars, copper mines, housing lots, consumer wallets and some megacap tech. If you want to know whether the economy really absorbed a $93 average WTI quarter and a Strait of Hormuz closure without breaking stride, this…

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