Meta open AI strategy centres on smaller, locally run models
Meta is backing open AI models to close the gap with rivals, though the limits of Llama 3’s openness remain significant.
By Marcus V. Thorne 1 day agoMarkets Editor
Marcus V. Thorne
Marcus writes the market wraps and the flows analysis: equities, volatility, and the positioning behind the tape.
Latest from Marcus V. Thorne
Fire Point says it supplies much of Ukraine’s long-range strike capacity
Fire Point says it supports more than 60% of Ukraine’s deep strikes as the wartime drone maker targets output above 100,000 this y...
By Marcus V. Thorne 3 days ago
Russia sanctions bill Senate passage sends Graham measure toward House
The Senate approved a Russia and Iran sanctions bill named for Lindsey Graham, though reports distinguish its final vote from an e...
By Marcus V. Thorne 3 days ago
CMP IPA 500 ranking places firm at No. 393
CMP announced a No. 393 position in the 2026 IPA 500, placing the Utah-based accounting firm in the Top 400 revenue ranking.
By Marcus V. Thorne 4 days ago
Yen intervention stock rally reflects wider AI financing risks
U.S.-Japan support for the yen eased one market stress as AI debt concerns, oil prices and earnings shaped a record U.S. equity ru...
By Marcus V. Thorne 5 days ago
Etsy layoffs 2026: 220 roles cut as company reshapes product and engineering
Etsy plans to eliminate about 220 jobs, or 12% of staff, alongside stronger second-quarter sales and a higher GMS outlook.
By Marcus V. Thorne 5 days ago
Jim Cramer casts SpaceX as a possible holding for future generations
Jim Cramer called SpaceX a decades-long proposition after a 13.6% share fall, while warning that a lockup expiry could weigh on tr...
By Marcus V. Thorne 6 days ago
CNBC Investing Club cuts Honeywell Aerospace rating after earnings miss
CNBC Investing Club reduced its proprietary Honeywell Aerospace rating after supply constraints drove a 2026 outlook cut.
By Marcus V. Thorne 6 days ago
China offshore trust tax sets 20% levy and 90-day settlement window
China’s new offshore trust tax rules impose 20% charges on transferred asset gains and trust income, prompting advisers to assess...
By Marcus V. Thorne 6 days agoSteadpoint acquires Northline Industrial to launch Trinity Hunt MRO platform
Steadpoint has acquired Northline Industrial as Trinity Hunt’s first MRO platform investment; deal terms were not disclosed.
By Marcus V. Thorne 1 week ago
Trump Iran deal comments send oil lower and lift European equities
Trump’s reported pause in planned Iran strikes was followed by a sharp fall in Brent crude, lower bond yields and modest gains in...
By Marcus V. Thorne 1 week agoSimile $200 million funding values AI research startup at $2 billion
Simile raised $200 million at a $2 billion valuation as it builds AI-generated consumer panels, though its accuracy claims remain...
By Marcus V. Thorne 1 week ago