Main cuts (2021-2025 national total: ~12,200 programs) hit arts, humanities, languages & management hardest. Prominent examples from Communication University of China (16 majors axed): - Photography, comics, visual communication design, new media art, fashion design - Translation - Several economics, trade, sociology & applied stats programs Product design also dropped at places like Univ of Shanghai for Science & Tech due to AI modeling/rendering. Shift is toward AI, robotics, semiconductors, embodied intelligence & “intelligent” creative/tech hybrids. Many programs merged rather than fully eliminated.

is sam gonna need to rent some capacity to @xai … codex feels so slow today

Shorts .... hold on. .... you gonna get your face ripped off today

MİLYAR DOLARLIK ROBOTİK ŞİRKETLERİNİN 50 YILLIK MOTOR TAKINTISI AZ ÖNCE ÇÖPE ATILDI. Mit araştırmacıları insan kasını birebir kopyalamış. Ama o bildiğiniz ağır metal dişliler, karmaşık hidrolikler veya binlerce dolarlık servo motorlarla değil. Sadece elektrik yüklü bir sıvı ve minik bir pompayla. Sistem dümdüz senin kolun gibi çalışıyor. Pompa içeriye elektrik veriyor, iyonlaşan sıvı hareket ediyor ve lifler kasılıp gevşiyor. Kolunu büktüğündeki kasılmanın aynısı. SIFIR MOTOR. SIFIR HARİCİ DONANIM. VE TAMAMEN SESSİZ. Herkes bilim kurgu geyiği yapıyor. Oysa burada koca bir endüstrinin maliyet yapısının nasıl tabana vurduğunu izliyorsunuz. Yıllardır donanım üretmek demek, arıza yapan metal yığınlarıyla ve sürtünmeyle boğuşmak demekti. Şimdi olay sadece basit bir sıvının iyonlarla yönlendirilmesine döndü. Bu lifleri gerçek kas gibi birbirine sardıkça gücü katlanarak artıyor. Yani performansı artırmak için daha büyük ve pahalı bir mekanik motora ihtiyacın yok. Sadece o bağlama birkaç tel daha ekliyorsun. Kuvvet doğrudan ölçekleniyor. DONANIM ARTIK YAZILIM GİBİ UCUZ VE MALİYETSİZ BİR ŞEKİLDE ÖLÇEKLENİYOR. Parça üreticilerinin fişi çekildi. Üretim bandındaki ağır sanayi tezgahlarından bahsetmiyoruz artık. Etrafında dolaştığını bile duymayacağın, seninle aynı organik esnekliğe sahip maliyetsiz sistemler geliyor. Mekanik devri kapandı. Yeni oyuna uyanın.

FSD Supervised now approved in Denmark 🇩🇰 Rollout will begin soon

well how is trade going so far ?

Dans le manifeste "techno-optimiste" de Marc Andreessen, il y a une phrase qui m'a marqué : "Our enemies are not bad people – but rather bad ideas." Nos ennemis ne sont pas des mauvaises personnes. Ce sont des mauvaises idées. Prenons Jancovici. L'homme est brillant, sincère, travailleur. Il ne se lève pas le matin en se disant qu'il va nuire à l'humanité. Mais l'idée qu'il porte la décroissance, le rationnement, la frugalité érigée en horizon civilisationnel est une idée profondément destructrice. Elle prend des esprits brillants et les transforme en commissaires politiques d'un futur appauvri. Et le plus fascinant, c'est ce que cette idée fait aux gens qui l'adoptent. Dans mon entourage, une grosse partie de mes amis est sur cette ligne décroissantiste, avec tout le package qui va avec. L'argent c'est mal mais ils en veulent. Il faut moins prendre l'avion mais ils rêvent de voyager partout. Il faut consommer moins mais ils ne renoncent à rien de ce qu'ils aiment vraiment. Et tous ont un point commun : ils sont déprimés. L'un d'eux m'a même confié qu'il était sous antidépresseurs. Ce n'est pas un hasard. C'est mécanique. Quand tu crois que ton désir de vivre, de créer, de t'élever est moralement suspect tu te détruis de l'intérieur. Tu passes ta vie à t'excuser d'exister. Tu vis dans la dissonance permanente entre ce que ton corps veut (plus, mieux, plus loin) et ce que ton idéologie t'ordonne (moins, sobre, immobile). D'où ma théorie : Quand on pense quelque chose de fondamentalement faux décroissance, communisme, extrémisme religieux (de tout ordre) ce n'est qu'une question de temps avant que ça devienne vraiment destructeur. D'abord pour soi. Puis pour les autres. Les mauvaises idées tuent. Lentement chez ceux qui y croient, brutalement chez ceux qui les subissent. C'est pour ça que la bataille des idées n'est pas un luxe d'intellectuel. C'est la bataille la plus importante de notre époque.

🇫🇷 2021 : « Bitcoin, le Salvador... soyons sérieux. »  🇮🇷 2026 : un dollar par baril, payable en bitcoin, pour traverser Ormuz. L'Europe tergiverse. Le Monde change. Ma tribune dans @LesEchos 👇 lesechos.fr/idees-debats/cer… Entre ces deux événements, il s'est passé quelque chose que l'Europe refuse de voir. 👉 Les Etats-Unis ont constitué une réserve stratégique de Bitcoin. 👉 La Russie et la Chine l'utilisent pour régler des échanges énergétiques. 👉 L'Iran en fait un instrument de souveraineté sur la route par laquelle transite 20 % du pétrole mondial. Maersk, CMA CGM et les plus grands armateurs du monde doivent en acquérir pour opérer. 🤯 Jusqu'au début du mois d'avril, pour vous fournir en pétrole, il vous fallait du dollar. Dorénavant, il vous faut aussi du bitcoin. 😴 Pendant ce temps, en Europe, on se demande encore si Bitcoin est une monnaie. En 2019, Paris, Berlin et Londres avaient créé INSTEX pour commercer avec l'Iran hors du dollar. Quatre ans de diplomatie. Zéro transaction. Téhéran a réglé le problème en quelques heures avec un protocole ouvert et public. Dans ma tribune publiée hier dans Les Echos, je pose la question que personne ne veut formuler : dans le plus grand réarrangement monétaire depuis la fin de Bretton Woods, pourquoi l'euro est-il absent de tous les scénarios ? Pourquoi, quand le dollar recule, le monde choisit-il l'or, le yuan, les devises secondaires, et maintenant Bitcoin, mais jamais l'euro ? En 1453, à Constantinople, alors que les Ottomans font tomber le dernier bastion d'un empire millénaire, les élites byzantines, hors du temps, débattent de la nature d'un Saint-Esprit qui ne viendra pourtant jamais à leur secours. L'épisode est passé dans le langage courant : débattre du sexe des anges. S'absorber dans des querelles secondaires pendant que l'essentiel bascule. Cinq siècles plus tard, les nouvelles élites byzantines n'ont rien perdu des traditions de leurs aînés. Le sujet de la querelle a simplement évolué avec son temps : « Bitcoin est-il une monnaie ? ». Mais les murailles sont déjà tombées.

FSD Supervised now rolling out to Teslas in Lithuania 🇱🇹! Making European roads safer, one by one

🏛️🇺🇸 "This is the hardest piece of legislation I've ever worked on," says Sen. Cynthia Lummis during opening remarks at the Senate Banking Committee's markup of the Digital Asset Market Clarity Act.

Could send S&P500 to 8000 in 2 days.

$IPGP IPG Photonics: The Strategic Pivot, Path to Recovery, and Investment Thesis. IPG Photonics is the dominant player in fiber lasers, but dominance in industrial cutting has become a more complicated position to hold. Chinese competitors have driven sustained price pressure in that segment, and the margin profile that once defined IPG's quality premium has eroded as a result. The strategic response — pivoting toward medical technology, battery welding, and defense — is the right directional move, but it's an early-stage reorientation against a backdrop of near-term financial pressure. Recent results show demand recovering and revenue growing, which confirms that the core business remains viable. The more important question is whether that top-line recovery translates into margin restoration, and the answer so far is incomplete. Free cash flow conversion has been inconsistent, and profitability hasn't yet reflected the volume improvement in a way that validates the thesis. Leadership has been overhauled. The new CEO is focused on operational discipline and broadening the product portfolio toward integrated laser systems — a higher-value configuration that moves IPG up the stack from component supplier to solutions provider. That's the right ambition, but integrated systems require different sales motions, longer customer relationships, and more complex delivery capabilities than standalone laser units. The organizational transition to support that shift is still underway. The valuation is carrying a recovery premium that the financials haven't yet earned. The stock is pricing in a successful execution of the strategic pivot, which means margin expansion and free cash flow improvement need to materialize on a visible timeline to justify current levels. A high-quality business with a credible long-term direction, but the entry point demands that the complex pieces — new leadership, new markets, new product configurations — come together with reasonable speed. The upside is real if the pivot lands. Medical, battery, and defense are structurally better markets than commodity industrial cutting, and IPG's technical foundation is strong enough to compete credibly in all three. The risk is execution timeline — the gap between strategic intent and financial proof points is still wide, and the stock doesn't offer much patience buffer at current multiples.

everybody calm down. i got this.

WATCH: BLACKROCK CEO LARRY FINK SAYS "I ACTUALLY BELIEVE A NEW ASSET CLASS WILL BE BUYING FUTURES OF COMPUTE, WE JUST DON'T HAVE ENOUGH COMPUTE POWER RIGHT NOW."

JPMorgan and Goldman Sachs are now offering hedge funds ways to short the $1.8 trillion private credit market. They've assembled baskets of companies with exposure, alt managers, BDCs, and lenders tied to private credit. This isn't speculation. These are structured products designed to bet against an entire sector. Private credit defaults hit a record 9.2% in late 2025. Blackstone's $82 billion flagship credit fund saw $6.5 billion in redemption requests in Q1. BlackRock had to cap withdrawals after requests hit 9.3% of its HPS fund. Morgan Stanley and Cliffwater are also gating redemptions. JPMorgan already started marking down software-related loans in private credit portfolios. When the banks that lend to these funds start cutting the value of the collateral, it forces deleveraging at the worst possible time. US banks have lent nearly $300 billion to private credit providers. The exposure is not contained. Goldman's own data shows hedge funds are "aggressively shorting" financial stocks, the most-sold sector of the year. Financials are down 11% on the S&P. The same banks that helped build the private credit boom are now building the tools to bet against it. If that sounds familiar, it should.

Nvidia DLSS 5 OFF / Nvidia DLSS 5 ON

Did Morgan Stanley really just say they think $LMND is going to 10x their business?! 🤯 The stock is up 6% pre-market. m.investing.com/news/analyst…

The Czech central bank became the first European central bank to buy Bitcoin. Not a sovereign wealth fund, not a private institution but a central bank. The same type of institution that told you Bitcoin was worthless, speculative, and dangerous is now putting it on its balance sheet. This is what adoption looks like (and why gold went from a $15T asset to a $37T asset in 24 months) Every central bank that buys Bitcoin makes it harder for the next one to ignore. Game theory works in one direction. Once your competitor holds a scarce asset, your cost of inaction goes up every day. The dominoes are falling. One balance sheet at a time.

Giant Bitcoin drone ad displayed over Lugano, Switzerland 🇨🇭

Feel the Stretch. $STRC