INSANE: 10 | Vintage Vibes

Amazon received hundreds of millions in Trump tariff refunds – and says it will return some to customers

Amazon says that it received over $500 million in refunds from Trump’s trade tariffs

The Independent UK · Aug 3

A Former OpenAI Employee Built A $45 Billion Fortune From AI. Then A Hedge Fund Selloff Wiped Out Most of Its Value.

Situational Awareness ultimately sold its public equity holdings, including stakes in companies such as SK Hynix and CoreWeave, to Citadel at a discount after facing mounting margin pressure.

International Business Times · Aug 3

'Paycheck to Paycheck': 63% of Americans Have Under $500 Left Each Month After Paying Their Bills

A CNBC and SurveyMonkey survey reveals 63% of Americans live paycheque to paycheque, with many delaying major life decisions due to financial strain and rising debt.

International Business Times UK · Aug 2

Reddit Did Not Announce Any AI Deals In Its Earnings Report. Its Stock Is Plunging

Reddit's stock fell more than 20% on Friday, its largest intraday drop since the company went public.

International Business Times · Jul 31

Investors Look Overseas as Magnificent Seven Concerns Grow. Janus Henderson Sees Opportunities in Europe and Asia

Investors are increasingly looking to Europe & Asia instead of the U.S. stock market as concerns mount over the heavy concentration of the "Magnificent Seven" technology giants in major indexes.

International Business Times · Jul 31

Apple Plans To Launch An AI-Powered Siri. But Some People Might Have To Pay For It.

As Apple prepares to launch an AI-powered Siri sometime this fall, the company also is considering whether it should charge for access for people who use it a lot.

International Business Times · Jul 31

Chevron’s Strong Quarter Shows Why It Still Leads the Energy Sector

Chevron posted Q2 2026 earnings of $12.1 billion as elevated Brent crude and strong refining margins boosted results, but the stock struggled to rally as gains appeared already priced in.

MarketBeat · Jul 31

Microsoft Surges, Meta Sinks As Investors Demand Returns From AI Spending

Wall Street is beginning to reward companies that are successfully converting AI investments into measurable returns and punish those who are not.

International Business Times · Jul 30

The Hidden Reason Leopold Aschenbrenner's Situational Awareness Fund Was Forced To Unwind

Situational Awareness built major AI infrastructure positions before leverage and market volatility forced the fund to unwind its public portfolio.

International Business Times UK · Jul 30

AI Star Leopold Aschenbrenner Built A $45 Billion Hedge Fund. Weeks Later It Has Been Forced To Unwind Bets

Several of Situational Awareness' prime brokers, including Bank of America, Goldman Sachs, and JPMorgan Chase, have been working with the hedge fund to either raise cash or reduce positions in an orderly manner.

International Business Times · Jul 30