Imran

Today's chart is for the history books. Yesterday's post-election rally now looks like a rounding error in the S&P 500. The S&P 500 has now erased -$3 trillion today. That's -$750 billion per hour since the market opened.

Yesterday's earnings call with Reddit's CEO will be referenced for years to come. Reddit, $RDDT, is now down -42% in 8 trading days. AI has disrupted search, and the internet more broadly, forever. Our thoughts on this are included below.

JUST IN: Dutch government announces plans to eliminate 25,000 civil service jobs as it expands AI to replace administrative work.

BREAKING: Microsoft, $MSFT, is offering buyouts to 60,000 workers as part of the company’s efforts to cut costs amid AI adoption, per Bloomberg. Personnel on select teams in the US, Canada, India, and the UK at a vice president level and below will be eligible. This reflects ~27% of Microsoft's total workforce.

The China state-aligned threat actor Storm-0940 used the agentic AI penetration testing framework ARTEX to automate attacks targeting hundreds of organizations globally across a broad range of industries. Microsoft Threat Intelligence assesses that Storm-0940 was responsible for the recently disclosed ConnectWise supply chain compromise of a multitenant application. msft.it/6018aakEE Our investigation found that Storm-0940's use of ARTEX accelerated the speed of compromised application abuse to authenticate to target environments through applications that had already been granted access, allowing the threat actor to operate without requiring an interactive user sign-in. AI-accelerated follow-on activity included reconnaissance, application credential changes, and attempts to modify privileges that could enable expanded or persistent access. Read our blog for a detailed analysis and indicators of compromise (IOCs), along with Microsoft Defender detections, protection recommendations, and guidance on investigating service principal sign-ins and unexpected application credential or privilege changes.

ngl invest $90K smart and u wont ever need a 9-5 again

I’m so jealous of mfs who work from home y’all can do laundry, fuck & go to the store like nothing happened

JUST IN: Chinese bride surprises her groom with a $12,000 Nvidia RTX 5090 GPU at their wedding, bringing him to tears.

what anime should i watch if i wanna get into anime?

.@Sonderling47: "I am hereby suspending from the Permanent Labor Certification Program some of the largest IT outsourcing firms in the world — Cognizant, Infosys, Tata, Wipro, HCL, and Capgemini — and also, due to multiple active federal investigations, @USDOL is suspending Microsoft and Adobe from the program."