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We're recapping last Friday's (June 19) mini market analysis.

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We're recapping last Friday's (June 19) mini market analysis.

Transcript

35 segments

0:00

President Trump announced that a deal

0:02

had been reached with Iran that would be

0:04

signed Friday. As a result, futures

0:07

soared and the market experienced a

0:08

strong rally on Monday. Oil prices

0:10

declined by 5% and the 10-year yield

0:13

fell back below

0:15

>> [music]

0:15

>> 4.5%. But let's not get too carried

0:18

away. This is not a treaty and it is not

0:20

a peace agreement. In other news, Fox is

0:22

buying Roku, the streaming company, in a

0:25

large deal that values Roku at 22

0:28

billion. It was some really bad news for

0:31

Anthropic to go for the weekend. If you

0:33

will recall, a few months ago, Anthropic

0:35

tried to limit the usage of its models

0:38

by the Department of Defense. The DoD

0:40

was not amused and classified Anthropic

0:43

as a supply chain risk. [music] This

0:46

effectively shuts down Fable 5 and

0:48

Mythos 5 completely, which are

0:50

Anthropic's latest and most

0:52

sophisticated models. [music]

0:54

Apparently, the government was made

0:56

aware of a method to, quote unquote,

0:58

"jailbreak" or bypass restrictions on

1:02

Fable 5 and Mythos 5, which are intended

1:05

to limit a customer's ability to abuse

1:07

the product for hacking or other

1:09

potential harms. The lesson here is that

1:11

it's not a great business strategy

1:14

>> [music]

1:14

>> to go to war with the United States

1:16

government.

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