News & Updates
The latest news and updates from companies in the WLTH portfolio.
Yen steadies on intervention talk as Polymarket sees 67.5% Fed hold
Fed September 2026 Decision: "No Change" Holds Lead at 67.5% as Yen Intervention Risk Cools Hike Bets Polymarket pricing on the Federal Reserve's "Fed Decision in September?" contract leaned toward no change after a report said the Japanese yen steadied as intervention risks rose and market expectations for a Fed hike eased. The leading "No change" outcome last traded at 67.5%, down slightly from 68.0%. Key Takeaways * Polymarket implies a 67.5% chance the Federal Reserve leaves rates unchanged after its September 2026 meeting. * A softer tone in rate-hike expectations alongside FX-market focus on yen intervention risk coincided with a small dip in "No change" pricing. * The contract resolves on 2026-09-16, with "No change" up 2.5 percentage points over the past 24 hours. The Japanese yen steadied after traders weighed rising risks of official intervention in currency markets. The report said expectations for a Federal Reserve rate hike eased, shifting attention away from a more aggressive U.S. policy path. The foreign-exchange move came as markets assessed relative interest-rate outlooks and potential policy responses. The combination of intervention chatter and softer Fed hike expectations shaped near-term positioning in major currency pairs. Polymarket Odds & Volume: $1.316M Traded as 25 bps Hike Sits at 24.5% and Cut Scenarios Stay Below 4% On Polymarket, the ladder shows "No change" as the dominant outcome at 67.5% Yes versus 32.5% No on $1.316 million in volume. A 25 bps increase is priced at 24.5% Yes and 75.5% No, while a 25 bps decrease sits at 3.9% Yes and 96.1% No. The tails remain lightly priced, with 50+ bps decrease at 2.35% Yes / 97.65% No and 50+ bps increase at 0.95% Yes / 99.05% No, signaling traders are concentrated in a hold-or-hike base case rather than large moves. Watch whether the probability spread between "No change" (67.5%) and "25 bps increase" (24.5%) tightens as liquidity and volume build into the 2026-09-16 resolution date. Beyond the Fed: Other High-Volume Macro and FX Contracts Polymarket Traders Are Watching Beyond the September call, Polymarket traders are also clustering in adjacent macro and political gauges that can swing rate and dollar narratives. "Fed Decision in July?" shows 90.5% for "No change" on $35,024,821 in volume, while "How many Fed rate cuts in 2026?" prices "0 (0 bps)" at 77.55% with $40,376,343 traded. In longer-horizon policy bets, "Fed rate hike in 2026?" has "No" at 53.5% on $3,402,573, and the 2026 power balance is in play too with "Which party will win the Senate in 2026?" favoring the Republican Party at 56.5% on $3,075,255. Odds Trend By the Numbers * Platform: Polymarket * Market: Fed Decision in September? * Contract type: Price strike ladder: each rung has separate Yes/No; Yes means the spot price is above that USD strike at settlement. * Resolution window: Sep 16, 2026 (UTC) * Status: Active (open for trading) * Volume: ~$1,315,970 Top strike rungs +1 more strikes not shown
Inexpensive Chinese AI model is catching up with Anthropic, OpenAI on their home turf
There is growing interest from Western startups in switching to cheaper Chinese AI Since DeepSeek shocked markets early last year with its cheap but powerful AI model, global consumers have been faced with a choice: Chinese offerings with lower prices and less capability or OpenAI or Anthropic, which have poured billions into development. A model called GLM-5.2, launched last month by Beijing-based startup Z.ai, may finally be closing that gap in terms of Western interest. GLM-5.2 has Silicon Valley buzzing with its coding and agent capabilities, or the ability to execute complex tasks with minimal prompting, that almost rival leading US offerings at a fraction of the cost, in what some experts are calling a "mini DeepSeek moment." It has quickly climbed the usage charts on third-party AI developer platforms like OpenRouter, where it now ranks above Anthropic's models, while executives from cloud data platform Snowflake's CEO Sridhar Ramaswamy to venture capitalist Marc Andreessen have lauded its abilities. "We now have a Chinese open-weight model that is as good as the currently available models from OpenAI and Anthropic," said David Sacks, US President Donald Trump's former AI czar, last week before Washington lifted curbs on Anthropic's Fable and Mythos models on Tuesday. Those capabilities have put Z.ai's GLM-5.2 model at the heart of a growing debate about whether China is finally catching up to the US in the AI race, as technology executives warn that Washington's unpredictable regulation of the industry risks hampering its lead in the frontier technology. "It is just a tick below Opus 4.8 (from Anthropic) and right up there with GPT 5.5 (from OpenAI)," Sacks said of GLM-5.2 on the All-In podcast, adding that "we cannot afford to do things that slow our companies down." The Anthropic curbs and the delayed public rollout of OpenAI's latest GPT-5.6 model have fueled global demand for the Chinese model, some experts said. "The international developer community is increasingly aware that relying solely on proprietary, US-based API models carries significant risk," said Brian Tse, founder and CEO of Concordia AI, a Beijing-based consultancy focused on AI safety. GLM-5.2's positive global reception also suggests increased interest in cheaper open-source development because businesses are getting stung by the rising and often unpredictable costs of using AI to complete tasks, as closed-source agentic AI tools consume more tokens, the units used to measure AI usage. Z.ai, also known as Zhipu AI, declined to comment. Anthropic and OpenAI did not immediately respond to requests for comment. GLM-5.2 currently holds fifth place on Artificial Analysis' large language model (LLM) intelligence leaderboard, which ranks performance across a range of benchmarks designed to measure overall capability, including reasoning and coding skills. And it is in the second spot on Code Arena's front-end coding rankings, measuring how well models generate websites and front-end applications, while operating at roughly a sixth of the cost of closed US frontier models like Claude and the GPT series. Z.ai has not disclosed how much it spent to develop GLM-5.2. In a reply to Elon Musk on X last month, Z.ai founder Tang Jie said that the Chinese startup could produce a model on par with Anthropic's Fable before the first quarter of next year. "The shift GLM-5.2 brings is that the open-source model has become a plug-and-play, out-of-the-box product," said Tiezhen Wang, former APAC lead at Hugging Face, a startup that serves as a hub for developers tinkering with open-source models. "You just deploy the model and without doing any complex fine-tuning systems, it is in a highly usable, ready-to-use state. This drastically lowers the barrier to entry for open-source adoption." Convincing American business One major hurdle to GLM-5.2's large-scale adoption remains data security concerns that have limited use of Chinese models by US enterprises, particularly in regulated industries like banking and cybersecurity. The migration and upgrading of enterprise AI systems typically takes several months, Wang said. "I have seen some discussion among European companies about whether it could be used in enterprise settings," said Wei Sun, principal AI analyst at Counterpoint Research. "In the EU and US, some clients, partners and regulated industries may simply be unwilling to accept Chinese models in their AI stack, regardless of technical performance or price." A report earlier this year by non-profit Rand based on website traffic data across 135 countries, found that Chinese LLMs' global market share jumped to 13% from 3% in the two months after DeepSeek launched its R1 model in January last year. The release sparked a global tech selloff because it contrasted DeepSeek's low cost with massive AI infrastructure spending elsewhere. China's LLM usage gains were most pronounced in developing countries and those with close political and economic ties to Beijing. Some experts said concerns about the safety of Chinese AI models were overblown, arguing that running them on US cloud providers or on a company's own servers ensured data security. While major corporations are slow to migrate, tech startups and small- and medium-sized enterprises are moving much faster. "Developers tend to care less about where a model comes from than whether it works, how much it costs and whether they can deploy or access it reliably," said Poe Zhao, China tech analyst and founder of the Hello China Tech newsletter. "The likely pattern is partial routing, not overnight replacement of OpenAI or Anthropic. So yes, it is a mini DeepSeek moment but in a narrower, developer-centric sense."
Anthropic in talks with Samsung Electronics on chip production"···Big Tech firms keep 'knocking' on Samsung
U.S. artificial intelligence (AI) company Anthropic is reportedly in talks with Samsung Electronics to produce its own AI semiconductors. Attention is on whether Samsung Electronics foundry (contract chip manufacturing) will secure additional global clients after Tesla and Nvidia. On the 2nd (local time), the U.S. tech outlet The Information reported, citing multiple sources, that Anthropic has begun preparing to develop its own AI chips and is in talks with Samsung Electronics as a potential partner. Anthropic is said to be considering using the 2-nanometer process of Samsung Electronics foundry and advanced packaging facilities. Back in May, when Anthropic named Samsung Electronics, SK hynix, and Micron as 'strategic infrastructure partners' and stated, "The technologies of these companies play a key role in the global supply of memory, storage, and logic chips," the possibility was raised that Samsung Electronics could win orders to produce AI chips for Anthropic. Samsung Electronics is the only one among the three memory companies with capabilities in logic-chip design and manufacturing. Anthropic has not yet finalized a specific timetable for manufacturing AI chips. It is reportedly reviewing the functions and performance levels of the AI chips and how to integrate them into servers. If a plan for Anthropic to produce AI chips at Samsung Electronics does come to fruition, the foundry division is expected to secure another major client and, at the same time, lay the groundwork for improving foundry results. As Big Tech companies seek to reduce dependence on Nvidia and enter the race to produce their own chips, Samsung is emerging as an alternative to the already saturated foundry processes at Taiwan TSMC. Samsung Electronics is currently contract-manufacturing next-generation AI chips for Tesla and AI inference chips for Nvidia. Talks on foundry cooperation are reportedly also under way with Big Tech firms such as Apple and AMD. The Information reported that Google is also considering having Samsung Electronics handle TPU production.
RaillyNews - US Ends Anthropic's AI Model Control
US Lifts Export Controls, Breathing New Life into Claude Mythos 5 and Fable 5 In a groundbreaking move, the US Department of Commerce has officially eliminated restrictions on exporting Claude Mythos 5 and Fable 5. This decision marks a significant shift in the global AI landscape, opening doors for enhanced innovation, commercial deployment, and international collaboration specific to these leading models. Companies, developers, and researchers worldwide are now eager to harness their full potential without regulatory hurdles that once hindered progress. What Prompted the Lift on Export Controls? The US government originally imposed these controls to prevent the proliferation of advanced AI models with potential national security implications. The primary objective was to regulate access, limit misuse, and ensure responsible deployment. However, after extensive evaluations and industry feedback, authorities realized that overly restrictive measures could hamper American competitiveness and innovation. In conclusion, they struck a balance, recognizing that controlled liberalization would foster growth without compromising security. This led to the decision to remove export bans on Claude Mythos 5 and Fable 5, which are among the most sophisticated AI language models available today. How Will the Resumption of Access Occur? Reinstating access isn't an overnight process; it proceeds through a phased, carefully monitored approach: * Initial Controlled Access: Trusted partners and regulatory-compliant entities will regain entry first, ensuring stability and safety. * Gradual Expansion: Based on real-world data and ongoing security assessments, access levels will expand incrementally. * Full Commercial Deployment: Once all security measures align, these models will be available broadly for diverse applications. This systematic rollout guarantees that safety and compliance are central throughout the process, reducing risks associated with misuse or unintended consequences. Impacts on Technology, Market, and Security Technical Repercussions The lifting of controls catalyzes advancements in AI deployment. Developers can now integrate Claude Mythos 5 and Fable 5 into a variety of applications, ranging from customer service bots, content generation, to complex problem-solving tools. Enhanced access also promotes innovation in regions previously restricted, accelerating global AI adoption. Market Dynamics With renewed access, competition among AI providers intensifies. Companies aiming to incorporate these models quickly adapt their strategies, leading to a more vibrant, competitive AI ecosystem. Price points, feature sets, and service models will evolve swiftly as organizations vie for market dominance. Security and Ethical Safeguards While the export controls are lifted, security measures remain paramount. Authorities will enforce strict monitoring, telemetry, and audit mechanisms. Companies must adhere to new transparency standards, including rigorous internal review processes and compliance audits, to ensure these models aren't exploited maliciously. What Does This Mean for Developers and Enterprises? Updated policies demand that organizations immediately review and revise their AI deployment strategies: Why This Shift Is a Game-Changer Removing export restrictions fundamentally alters the *landscape* for advanced AI models like Claude Mythos 5 and Fable 5. It empowers innovators to accelerate development cycles, deploy these models across diverse sectors, and explore new use cases -- collectively fueling economic growth and technological progress. Furthermore, this move highlights a balanced approach toward regulation and innovation, offering a template for other nations to follow. With responsible oversight, these models can propel society forward, addressing complex challenges from climate change to healthcare. Related Searches and Emerging Trends
SpaceX Went From $150 to $225 and Back in Under 2 Weeks -- Here's the Math That Explains Every Dollar of That Move
The long-awaited IPO of Space Exploration Technologies (NASDAQ: SPCX), or SpaceX for short, finally arrived on June 12. Shares shot up like a rocket on their first day of trading, soaring to $150 and then to $225 in short order. But the stock has reversed course just as quickly, falling back to around $150, a round trip that took place in under two weeks. A lot is happening with SpaceX right now, from rampant hype around space and artificial intelligence (AI) to the company's recent $60 billion acquisition of Cursor. But there is real, underlying math that helps explain why SpaceX stock is so volatile right out the gate, and what it might mean for the stock price moving forward. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks " Looking at SpaceX's quick surge and sudden decline SpaceX was the largest IPO in history, and arguably one of the most hyped. There were tons of investors who wanted to buy shares. By design, SpaceX only made a small portion of its total stock publicly available on IPO day, just 4.24%. These publicly tradable shares are called the float. The small float and overwhelming demand for SpaceX shares created a classic supply-and-demand situation, in which the stock price rocketed higher in the days immediately following its market debut. But demand eventually peaks, and investors saw SpaceX reverse course after reaching about $225 per share. Image source: The Motley Fool. So, why did the stock cool off? There are probably a few reasons. First, SpaceX's stock was very expensive at its high. Second, the company is funding its $60 billion acquisition of Cursor with stock, diluting existing investors. The market often sells off stocks in these scenarios to reflect the anticipated dilution. Lastly, IPO day is often when excitement peaks. Investors then have a few days to step back and assess, and that hype and excitement usually fade a bit. Where is the rest of SpaceX's stock? Newly public companies have lockup periods that prevent insiders and employees from dumping their stock into the buying frenzy on IPO day. While typical lockup periods are around 180 days, SpaceX is using a staggered lockup period that gradually allows insiders to sell and expand the float at a controlled pace. The earliest selling window opens after SpaceX's first earnings report, assuming the stock meets certain share price thresholds. There are several windows after that, building up to the traditional lockup expiration after 180 days. Additionally, CEO Elon Musk and other significant investors are subject to a 366-day lockup, allowing them to begin selling shares on June 14, 2027. Remember, investors can currently trade only 4.24% of SpaceX's total shares. The current float of approximately 555.6 million shares could multiply as these lockups expire over the next year. Circling back to the supply-and-demand dynamic, a steadily growing float puts a thumb on the supply side of the scale. Looking at where SpaceX's share price might go from here Meanwhile, SpaceX still trades at a $2 trillion market cap, approximately 110 times its 2025 revenue of $18.6 billion. It remains one of the market's most expensive stocks, even after the recent dip. High valuations create high expectations. The selling pressure could intensify if SpaceX cannot deliver the growth to justify such a high valuation. There are several reasons to love SpaceX as a long-term investment. That said, the stock's quick dip from $225 could be a warning sign of how quickly SpaceX can shed value if market sentiment turns against it. Understanding how the float will expand over the coming year will help investors weigh the risks of buying shares now versus waiting for the dust to settle. Should you buy stock in Space Exploration Technologies right now? Before you buy stock in Space Exploration Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now... and Space Exploration Technologies wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $400,101!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,212,683!* Now, it's worth noting Stock Advisor's total average return is 911% -- a market-crushing outperformance compared to 208% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. See the 10 stocks " *Stock Advisor returns as of July 3, 2026. Justin Pope has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
SpaceX Went From $150 to $225 and Back in Under 2 Weeks -- Here's the Math That Explains Every Dollar of That Move
The long-awaited IPO of Space Exploration Technologies (NASDAQ: SPCX), or SpaceX for short, finally arrived on June 12. Shares shot up like a rocket on their first day of trading, soaring to $150 and then to $225 in short order. But the stock has reversed course just as quickly, falling back to around $150, a round trip that took place in under two weeks. A lot is happening with SpaceX right now, from rampant hype around space and artificial intelligence (AI) to the company's recent $60 billion acquisition of Cursor. But there is real, underlying math that helps explain why SpaceX stock is so volatile right out the gate, and what it might mean for the stock price moving forward. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue " Looking at SpaceX's quick surge and sudden decline SpaceX was the largest IPO in history, and arguably one of the most hyped. There were tons of investors who wanted to buy shares. By design, SpaceX only made a small portion of its total stock publicly available on IPO day, just 4.24%. These publicly tradable shares are called the float. The small float and overwhelming demand for SpaceX shares created a classic supply-and-demand situation, in which the stock price rocketed higher in the days immediately following its market debut. But demand eventually peaks, and investors saw SpaceX reverse course after reaching about $225 per share. So, why did the stock cool off? There are probably a few reasons. First, SpaceX's stock was very expensive at its high. Second, the company is funding its $60 billion acquisition of Cursor with stock, diluting existing investors. The market often sells off stocks in these scenarios to reflect the anticipated dilution. Lastly, IPO day is often when excitement peaks. Investors then have a few days to step back and assess, and that hype and excitement usually fade a bit. Where is the rest of SpaceX's stock? Newly public companies have lockup periods that prevent insiders and employees from dumping their stock into the buying frenzy on IPO day. While typical lockup periods are around 180 days, SpaceX is using a staggered lockup period that gradually allows insiders to sell and expand the float at a controlled pace. The earliest selling window opens after SpaceX's first earnings report, assuming the stock meets certain share price thresholds. There are several windows after that, building up to the traditional lockup expiration after 180 days. Additionally, CEO Elon Musk and other significant investors are subject to a 366-day lockup, allowing them to begin selling shares on June 14, 2027.
Canaccord Genuity Remains a Buy on Kraken Robotics Systems Inc (PNG)
Canaccord Genuity analyst Aravinda Galappatthige maintained a Buy rating on Kraken Robotics Systems Inc today and set a price target of C$9.50. 4th of July Sale - 70% Off * Unlock powerful investing tools and data-driven insights with TipRanks Premium for more confident investment decisions. * Discover top stock picks and new investment opportunities through TipRanks' Smart Investor Newsletter. According to TipRanks, Galappatthige is a 3-star analyst with an average return of 1.8% and a 46.41% success rate. Galappatthige covers the Communication Services sector, focusing on stocks such as BCE, Stingray Group, and Cineplex. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Kraken Robotics Systems Inc with a C$9.50 average price target. Based on Kraken Robotics Systems Inc's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of C$21.71 million and a GAAP net loss of C$3.33 million. In comparison, last year the company earned a revenue of C$16.13 million and had a net profit of C$215 thousand
