We're recapping last Friday's (June 19) mini market analysis.
35 segments
President Trump announced that a deal
had been reached with Iran that would be
signed Friday. As a result, futures
soared and the market experienced a
strong rally on Monday. Oil prices
declined by 5% and the 10-year yield
fell back below
>> [music]
>> 4.5%. But let's not get too carried
away. This is not a treaty and it is not
a peace agreement. In other news, Fox is
buying Roku, the streaming company, in a
large deal that values Roku at 22
billion. It was some really bad news for
Anthropic to go for the weekend. If you
will recall, a few months ago, Anthropic
tried to limit the usage of its models
by the Department of Defense. The DoD
was not amused and classified Anthropic
as a supply chain risk. [music] This
effectively shuts down Fable 5 and
Mythos 5 completely, which are
Anthropic's latest and most
sophisticated models. [music]
Apparently, the government was made
aware of a method to, quote unquote,
"jailbreak" or bypass restrictions on
Fable 5 and Mythos 5, which are intended
to limit a customer's ability to abuse
the product for hacking or other
potential harms. The lesson here is that
it's not a great business strategy
>> [music]
>> to go to war with the United States
government.
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