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BusinessUS stocks and bonds appear highly stretched, with tech and AI stocks making up over 40% of the S&P 500 market cap, surpassing the dotcom bubble peak. Treasury yields are at generational highs, posing risks or opportunities. The rising term premium could impact both stocks and bonds, raising concerns about a potential market inflection point despite strong AI profits and economic growth.
Mint Markets·
The United Nations has issued a warning against the use of technology designed to read the minds of citizens. This caution highlights concerns about privacy and ethical implications surrounding such invasive technologies. The warning aims to prevent misuse and protect individual rights in the face of advancing technological capabilities.
The New York Times·
PoliticsThe execution of Fort Hood shooter Nidal Hasan will be carried out publicly and livestreamed, according to Pentagon officials. The execution will be by firing squad, and the event is planned to be accessible to the public through a live broadcast. This decision was confirmed by Pentagon and media reports.
India Today·
PoliticsTwenty rebel TMC MPs, including Sayoni Ghosh, have not responded to Lok Sabha Speaker Om Birla's notice, risking disqualification. Mamata Banerjee issued an ultimatum to these MPs and MLAs to return within 15 days or face consequences. The Speaker has requested a two-week extension to decide on the disqualification notices. Ten MPs were absent from a recent rebel meeting.
Hindustan·
WorldApsara Foundation and Apollo Hospitals organized an event in Chennai to raise awareness about inclusive education. The initiative supports education and skill development for autistic, Down syndrome, and transgender youths, aiming to foster greater inclusion and opportunities for these marginalized groups.
The Hindu··Chennai
India will face the West Indies in the second T20 International cricket match held today in Ranchi. This match follows the first T20 International between the two teams, continuing their series. The game is a key event for both teams as they compete in this international cricket format.
News On AIR··Ranchi
Mint Markets·
US stocks and bonds appear highly stretched, with tech and AI stocks making up over 40% of the S&P 500 market cap, surpassing the dotcom bubble peak. Treasury yields are at generational highs, posing risks or opportunities. The rising term premium could impact both stocks and bonds, raising concerns about a potential market inflection point despite strong AI profits and economic growth.
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