Russia stocks higher at close of trade; MOEX Russia Index up 1.93%

Moonshot AI’s Kimi K3 could encourage a surge in enterprise workloads and provide a long-term tailwind to chip demand.

The escalation is showing no signs of stopping in the Middle East. There were reports that Iran targeted Kuwait yesterday and hit a desalization plant and now Iran’s semi-official Tasnim says that the Revolutionary Guard targeted a ship that ignored warning and tried to pass through Hormuz. Oil is having another big day with WTI…

Letter from the Governor

Alphabet shares climbed 3% on Monday after The Information reported the company is developing a new server chip, internally dubbed “Frozen v2,” designed to run Gemini models more efficiently. The chip would permanently embed parts of Gemini’s architecture directly into the silicon, reducing the number of calculations and amount of data movement required to answer…

The United Arab Emirates (UAE) Ministry of Defence said that two UAE national tankers, the Mombasa and Al Bahiyah, were targeted by two Iranian cruise missiles in the southern lane of the Strait of Hormuz, in Omani territorial waters, Reuters reported on Tuesday. The source added that one Indian crew member was killed and eight…

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