Category: Stock Market

Claude Goes After ChatGPT: Memory Now Free + Easy Import Tool to Switch

Posted on by Olumide Adesina

Anthropic PBC’s artificial intelligence chatbot Claude will be able to recall context across conversations for free users in an attempt to keep new customers who have created “unprecedented demand” in recent days.

The memory feature, which was previously exclusive to paying subscribers, was made available to Claude users on Monday, according to Anthropic.

The tool is already available to users on its free plan from ChatGPT, a rival of OpenAI’s chatbot.

Anthropic is also making it easier for new users to import previous histories from other AI chatbots, such as ChatGPT, into Claude with a simple copy-and-paste method.

Anthropic’s consumer goods have garnered a lot more attention since it disagreed with the US Defense Department regarding the potential use of its technology for mass surveillance and the development of autonomous weapons.

The Pentagon made the announcement following President Donald Trump’s order for US government agencies to delete Anthropic. According to Anthropic, daily signups have increased fourfold since January, and Claude’s free active users have increased by over 60%.

Some users called for a boycott of ChatGPT after rival OpenAI revealed it would use its own AI models within the Defense Department’s classified network. Due to what it described as “unprecedented demand” over the past week, Claude experienced an hours-long service disruption on Monday.

Iran War Boosts Palantir – PLTR Stock Eyes $150, Yet Valuation Debate Intensifies

Posted on by Skerdian Meta

Investors are still divided on whether Palantir’s premium valuation can withstand a cooling AI market, despite the company’s shares surging on growing geopolitical tensions.
Continue reading “Iran War Boosts Palantir – PLTR Stock Eyes $150, Yet Valuation Debate Intensifies” →

Big Reversal in Stock Market Today: Dow Jones and Nasdaq Rebound Despite Ford F and Berkshire Drop

Posted on by Skerdian Meta

Following a turbulent session in which major indices saw a dramatic recovery from significant early losses, the Dow and Nasdaq ended the day mixed.
Continue reading “Big Reversal in Stock Market Today: Dow Jones and Nasdaq Rebound Despite Ford F and Berkshire Drop” →

MSTR Stock Shows Signs of Uptrend Resumption after Feb Consolidation, BTC Accumulation

Posted on by Skerdian Meta

MicroStrategy is beginning to show modest indications of stabilization as Bitcoin steadies and capital markets reopen after nearly six months of unrelenting dumping.
Continue reading “MSTR Stock Shows Signs of Uptrend Resumption after Feb Consolidation, BTC Accumulation” →

From Bombs to Bets: Polymarket Sees $529M Wager Frenzy on Iran Strikes, New Traders Win

Posted on by Olumide Adesina

Bettors on Polymarket, where $529 million was traded on contracts linked to the timing of the strikes, were profiting as US and Israeli bombs fell on Iran this weekend. Blockchain detectives started looking for odd trends in recent wagers almost instantly.

 

FBI Raids Polymarket CEO's Home in Post-Election Investigation

 

Six Polymarket accounts profited about $1 million by placing bets that the United States would attack Iran by February 28, per Bubblemaps SA, an analytics company.

All of the accounts were newly made in February and had only ever bet on potential US strike dates. Hours before the first explosions in Tehran were reported, some of their shares were bought, sometimes for about a dime each.

These characteristics, which are by no means definitive on their own, are what blockchain analysts identify as insider trading in prediction markets, a sector that lacks broad regulation and a consensus-based process for differentiating between luck and leaks.

The February 28 contract is by far the most popular date for a strike on the platform; by the time it was resolved on Saturday, it had drawn about $90 million in trading volume since its creation. A Jan attack contract was the next most traded item. 31, bringing in $42 million.

One of the biggest prediction market platforms, Polymarket, has grown into a vast, mostly unregulated hub for geopolitical speculation where it is getting harder to distinguish between privileged knowledge and well-informed conviction.

A request for comment from Polymarket on Saturday was not immediately answered. “Some of the first products that allow direct bets on geopolitical events are prediction markets,” stated Bubblemaps CEO Nicolas Vaiman in an email.

Information about war or conflict may first circulate among a wider group of people before going public. In addition, Polymarket typically just needs a wallet to trade, which enables trading.

NVIDIA Plunges 5% Despite Blowout Earnings — AI Bubble Fears Persist

Posted on by Olumide Adesina

NVIDIA posted a huge drop after its most recent forecast failed to allay concerns about an AI bubble. The largest one-day decline since April 16 occurred in New York, where the shares dropped 5.5 percent to $184.89. The decrease came after an initially impressive first-quarter sales forecast.

From Peak to Pullback: NVIDIA’s Rally Under Threat as Risks Mount

NVIDIA’s revenue increased by 73 percent in the fourth quarter, easily surpassing the average analyst estimate. The response provided a clear reminder of the current skepticism about Nvidia. Investors want more reassurance that the chipmaker can sustain its booming AI spending after its sales growth exploded, making it the most valuable company in the world.

According to analysts at Hargreaves Lansdown, investors are still unsure about “whether the current AI spending wave can sustain growth beyond the next few years, and whether Nvidia will remain as dominant as AI shifts from training models to running everyday tasks.”

CEO Jensen Huang dismissed the worries, claiming that clients are already profiting from their newly purchased processing power. Clients will continue to invest at high levels because of this, he said. The Big Short, famous investor Michael Burry, exacerbated the concerns on Thursday.

He pointed out that Nvidia’s purchase commitments now total $95.2 billion, up from $16.1 billion the previous year. That might be dangerous if demand falters. Colette Kress, the chief financial officer, attempted to allay worries expressed by analysts, like the threat of supply limitations.

According to her, the business has acquired enough parts to satisfy rising demand. She told analysts that producing enough of Nvidia’s most cutting-edge chips is still a challenge. However, Kress predicted that the company’s current Blackwell lineup and its upcoming successor, Rubin, would still surpass previous sales forecasts.

US Government Blacklists Anthropic: Agencies and Contractors Barred from AI Firm’s Tech

Posted on by Olumide Adesina

President Donald Trump ordered US government agencies to cease using Anthropic PBC’s products, ending a dispute between the artificial intelligence behemoth and defense officials over technology safeguards

 

The Pentagon then deemed Anthropic PBC a supply-chain risk. Defense Secretary Pete Hegseth directed the Pentagon to prohibit any business dealings with Anthropic by its contractors and their associates.

Hegseth gave Anthropic six months to transfer AI services to another supplier in a post on X. Hegseth wrote, “The ideological caprices of Big Tech will never subjugate America’s warfighters.” “This choice is final.”

Hegseth had given the business until Friday to give the Pentagon permission to use the Claude chatbot for any legitimate purpose, free from Anthropic’s usage restrictions.

The company has demanded that Claude not be employed in fully autonomous weapons operations or for widespread surveillance against Americans. Anthropic said in a statement on Friday that it has not heard directly from the government regarding the status of negotiations and that it will contest any designation of supply chain risk in court.

Since its establishment, Anthropic has positioned itself as a business committed to the ethical application of AI to prevent disastrous consequences from the technology. Chief Executive Officer Dario Amodei and Hegseth, who has vowed to eradicate “woke” practices at the expansive agency he oversees, were in a high-stakes conflict over Amodei’s stance.