As workers worry about AI, Nvidia’s Jensen Huang says AI is ‘creating an enormous number of jobs’

When it comes to the specter of AI’s labor-displacing potential, Jensen Huang thinks that the American worker has nothing to fear. During a conversation Monday night with MSNBC’s Becky Quick hosted by the Milken Institute — an economic policy think tank, the jovial Nvidia CEO said that AI was an industrial-scale generator of jobs, not…

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CLARITY Act stablecoin deal shifts investor mood

ZeroStack CEO Daniel Reis-Faria says the CLARITY Act stablecoin deal reduces investor uncertainty but has not resolved institutional hesitation yet. Summary Senators Tillis and Alsobrooks reached a CLARITY Act yield compromise on May 1, banning passive stablecoin yield and preserving activity-based rewards. Polymarket odds of the CLARITY Act passing in 2026 jumped from 46% to…

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Trump considering federal AI model oversight

White House officials are exploring official government oversight of new AI models, according to the New York Times. U.S. officials, speaking on the condition of anonymity, told the publication that the Trump administration is forming an AI working group composed of tech leaders and government representatives. The group will be tasked with outlining potential oversight…

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Yen Carry Trade on Steroids? Strategist Flags Bitcoin-Linked STRC Yields

Key Takeaways: Comparison to the yen carry trade signals potential for large-scale capital reallocation. STRC offers monthly cash dividends, public-market access, and an 11.52% effective yield. Regulatory clarity could accelerate institutional participation and expand alternative yield benchmarks. Bitcoin-Linked Carry Trade Draws Wall Street Attention Wall Street may be underestimating a major carry trade forming around…

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