JPMorgan and Goldman just cut Hong Kong staff from accessing Claude
Corporate world quietly walking back frontier model access OpenAI’s cash furnace keeps raging with no profits showing up
SpaceX listing hype drawing Burry’s eye but he skips the expensive short New Fed chair demands real inflation fight instead of more easy money
Narrative that was everywhere last month now hitting hard limits
BREAKING: JPMorgan just cut off its entire staff in Hong Kong from accessing Claude
Goldman Sachs also did the same last month
It’s over pic.twitter.com/YAvtg3W8sM
— NIK (@ns123abc) June 18, 2026
"The commitment to deliver [on reducing inflation] is strong, unanimous and unambiguous. And that's, I think, an important message. We've missed for 5 years. And we're gonna fix that." – Kevin Warsh
Well said.
Now start hiking rates, end QE, and stop printing money. pic.twitter.com/rQzSI8e3zG
— Charlie Bilello (@charliebilello) June 17, 2026
“OpenAI burned $3.7 billion in first quarter of 2026 […]. Recent reports said OpenAI was planning to slash its AI pricing to better compete with rival Anthropic. Such a move could further hurt the company’s finances, especially given that it is yet to turn over a profit.
The company clocked a net loss of about $39 billion in 2025, the Financial Times reported earlier on Tuesday“.
Michael Burry says he’s tempted to bet against SpaceX, but passes on expensive options