Phil's Stock World

The Richest Grudge Match in History

Ilene — Wed, 29 Apr 2026 00:17:33 +0000

The Richest Grudge Match in History The trial between Elon Musk and Sam Altman makes the AI boom seem sordid and small. By Matteo Wong, The Atlantic Elon Musk and Sam Altman are two of the most influential people in Silicon Valley, if not the world. Between the two of them, Musk and Altman run technology […]

Source

Could the Strait of Malacca be the next global flashpoint?

Ilene — Tue, 28 Apr 2026 21:08:50 +0000

Could the Strait of Malacca be the next global flashpoint? By Gokcay Balci, University of Leeds and Ebru Surucu-Balci, University of Bradford While recent global attention has focused on the Strait of Hormuz, which Iran has effectively held closed since late February in a move that has disrupted world energy supplies, a quieter but […]

Source

Perseverance doesn’t always pay off for companies – sometimes it’s better to ‘fail fast’

Ilene — Tue, 28 Apr 2026 20:37:20 +0000

Perseverance doesn’t always pay off for companies – sometimes it’s better to ‘fail fast’ By Scott Friend, University of Dayton and Kumar Rakesh Ranjan, EDHEC Business School Across the business world, companies often double down on struggling ideas, retreating only after clear evidence shows they won’t work. A recent spectacular example was Meta’s metaverse […]

Source

One‑way attack drones: Low‑cost, high‑tech weapons ‘democratize’ precision warfare

Ilene — Tue, 28 Apr 2026 18:43:02 +0000

One‑way attack drones: Low‑cost, high‑tech weapons ‘democratize’ precision warfare By Michael C. Horowitz, University of Pennsylvania and Lauren Kahn, Georgetown University Wars in Ukraine and the Middle East have propelled drones into the headlines. The word “drone” now stretches to cover everything from hobbyist camera rigs available on Amazon to the Predator and Reaper […]

Source

King Charles embarks on state visit to the US – can he repair the special relationship?

Ilene — Tue, 28 Apr 2026 16:10:33 +0000

King Charles embarks on state visit to the US – can he repair the special relationship? By Francesca Jackson, Lancaster University King Charles’s four-day state visit to the US is going ahead as planned, after a shooting at the White House correspondents’ dinner raised doubts about security. The royal trip, which coincides with the […]

Source

Titanic Tuesday – Iceberg Ahead! Open AI’s CFO Confirms our Circle Jerk Theory

phil — Tue, 28 Apr 2026 12:00:43 +0000

I hate to say “I told you so…” Well, you KNOW that’s not true but, back in June of 2025, when the S&P was busy pushing 6,200 and CNBC was running a 24/7 confetti cannon, we coined a term on these pages: “The Circle Jerk Economy.” By September, Boaty was writing “The Great Tech Circle Jerk,” walking […]

Source

China surpasses US in research spending – the consequences extend far beyond scientific ranking and clout

Ilene — Tue, 28 Apr 2026 00:40:24 +0000

China surpasses US in research spending – the consequences extend far beyond scientific ranking and clout By Caroline Wagner, The Ohio State University China’s rapid rise in science has hit a milestone. The country’s investment in research and development has reached parity with – and by purchasing power measures has surpassed – that of […]

Source

Monday Market Mayhem – Mega Earnings, Mega Data and the Powell’s Last Word This Week

phil — Mon, 27 Apr 2026 12:49:48 +0000

Crazy week ahead! We did a special Global Status Report for our Members this weekend, so I won’t waste time reviewing that here. Instead, lets dive right into what’s going on this week, starting with Earnings, which are coming at us fast and furiously (and they made 13 of those!). Verizon (VZ) just raised guidance […]

Source