Investors don’t get 203 properties without charging the very maximum rent they can push for because the banks use the rent to assess borrowing capacity for their next purchase.

Absolutely insane

BREAKING: The US has released the full text of its 14-point "Memorandum of Understanding" with Iran. Key terms include: 1. The US, Iran, and their allies agree to immediately and permanently end military operations on all fronts, including in Lebanon 2. The US and Iran agree to respect each other's sovereignty and territorial integrity and not interfere in each other's internal affairs 3. The US and Iran commit to negotiating and reaching a final deal within 60 days, unless mutually extended 4. The US will begin removing its naval blockade immediately and fully end the blockade within 30 days 5. Iran will use its best efforts to ensure safe passage for commercial vessels through the Strait of Hormuz for 60 days with no charge 6. The US and regional partners will develop a mutually agreed plan of at least $300 billion for Iran's reconstruction and economic development 7. The US will work toward terminating all types of sanctions against Iran, including UN, IAEA, primary, and secondary sanctions 8. Iran reaffirms that it will not procure or develop nuclear weapons and agrees to address its enriched material stockpile under IAEA supervision 9. Until a final deal is reached, Iran will maintain the current status quo of its nuclear program, while the US will impose no new sanctions and deploy no additional forces 10. The US Treasury will issue waivers for Iranian crude oil, petroleum products, derivatives, and associated banking, insurance, and transportation services 11. The US will make frozen or restricted Iranian funds and assets fully available for use 12. The US and Iran will establish an executive mechanism to monitor implementation of the MOU and future compliance with the final deal 13. After signing the MOU and implementing key ceasefire, blockade, shipping, oil waiver, and asset-release provisions, the US and Iran will begin final deal negotiations 14. The final deal will be endorsed by a binding UN Security Council resolution The memorandum will trigger a 60-day window to negotiate a final deal.

Absolutely fucking crazy

New update on Fable 5: and it's less about jailbreaks than anyone initially thought. Via Axios The Axios story that just dropped today reframes the whole thing: Anthropic hired a cybersecurity expert to review Amazon's findings and push back on the government's narrative. The administration viewed her as a "radical Democrat." She was then publicly celebrated by Chris Krebs, the official Trump just fired. That didn't help. Behind the scenes, officials describe a company that simply doesn't know how to talk to this administration. "It's like they just speak different languages," one source said. "Everybody said Anthropic was a bad actor. Some of us said it was time to give them a chance. Now those people are questioning that. They screwed us." Today: Anthropic staffers meet with Commerce, the CIA, and White House science advisor Michael Kratsios to work through compliance with the cyber executive order. The technical question - can Fable 5 be jailbroken - is almost secondary now. This is a story about a company that keeps losing the room. Ill keep you updated.

Yep, very stupid to be a bear. When Trump is doing everything to boost markets before Midterms. On top, your $WOLF power semi basket should go brrr from 800 VDC acceleration. $LITE optical basket should go brrr from InP easing. $SPCX successful IPO gives more appetite to risk on themes/IPOs (eg. Space sector). And overall macro go brr from War/Strait peace deals. It’s already kind of showing, since 2026 rate hike odds also crashed from 65% -> 35% following the news. Along with crude futures dropping. I've actually found Europe to be the most price sensitive to Iran tensions, so EU markets would probably be the most bullish overall… (South Korea/TW was originally with Sk Hynix moving directly in correlation to crude oil futures, but stopped caring after awhile). But basically: Murica go brrrr.

Holy crap, a Brazil municipal employee has discovered a 1000x faster way to finetune LLMs – with a little weird trick! This is insane. Global South rising… Frontier labs hate him

Mythos/Fable was a tiered release It started as Project Glasswing where cybersec firms & NSA got access first, then it spread to banks and finally it was expanded to 150 orgs globally Then they did a public release as Fable 5 Secondly, I have never stated that this will lead to significant demand destruction What I have stated that these shenanigans have caused a loss of trust Enterprises globally need to have a strategy where they control the model layer or at least have a backup option U can't let ur business workflow be dependent on the whims of USG

oh no my dicks too big better put me in jail before i hurt somebody with this giant dong. it’s a public safety risk somebody do something.

Dario (48 hours ago): “US gov should be able to block model deployment” USG: *export controls models* Dario: “not like that”

last one

Yann agrees!

guy who faked-it-until-he-made-it but was starting to get in over his head can’t believe his luck when llms launched

Iran got a hard kill on 14 radars, at least 4 aerial tankers and an E-3 on the first day or so with big salvos. It recently bagged more radars; at least one in Bahrain and another in Kuwait. It has fired more SRBMs and MRBMs than the Pentagon told Congress were in the Chinese arsenal. The CEPs of these missiles were closer to 5m than 20m, smaller than those assumed by Anderson and Press (2025) or @ka_grieco et al (2024) for China (20m). Iran is a great missile power and it showed.

0.3% of the water consumed by US golf courses last year

This interior is Dope ASF

No need for loud graphics when your body lines are this crisp. This concept proves that the future of GT design is all about elegance, aerodynamics, and pure presence Lynk & Co The Next Day Concept

SpaceX AI Satellites are HUGE. They have a wingspan of 70 meters (229 ft) when deployed. To put that in perspective, a Boeing 747-8 has a wingspan of 68.4 meters (224.5 ft).

China's Unitree Will Dominate Global Robotics The Fastest Iteration Cycle In Next-Gen Robotics Should See Unprecedented Acceleration newsletter.semianalysis.com/…

I feel that Chinese success is being totally misread as the triumph of industrial policy. Here’s an alternative theory. Chinese success is due to the general competence of Chinese institutions, of state capacity, of social trust. There is no possibility of capture by anything like the lobby, no space conducive to the hypertrophy of rent-seeking we find in the US (see attached). The Chinese have a dramatically more effective political order; esp compared to the US. This stable and effective political order is in part due to and in part generative of social trust. Together they provide China with the greatest state capacity in the world. The political order, the social trust and the state capacity is upstream of and makes possible the highly effective industrial policy that Western elites fetishize. Plenty of states have tried and are trying industrial policy. Almost all of them in vain. It’s not industrial policy, but the Chinese political order that you need to pay attention to if you want to pull a China.