The Brutalist Report
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- Shenzhen-listed RoboTechnik, which claims to be the largest silicon photonics tool maker and whose stock is up 340% over the past year, files for a HK listing (Zinnia Lee/Forbes) [1h]
- US Bureau of Labor Statistics data: employment in 18 AI-exposed occupations fell 0.2% between May 2024 and May 2025, while the broader US labor market rose 0.8% (Matthew Boesler/Bloomberg) [5h]
- LA-based Fasset, which offers stablecoin-powered banking and cross-border payments services across Asia, Africa, and the Middle East, raised a $51M Series B (Krisztian Sandor/CoinDesk) [5h]
- Sources: Kalshi has probed and flagged 400+ suspicious trades YTD, more than 2x the number it investigated in all of 2025; Polymarket has seen a similar uptick (Anirban Sen/Reuters) [6h]
- South Korea's Hana Bank agrees to acquire a 6.55% stake in Dunamu, which runs South Korea's largest crypto exchange Upbit, for $672.5M from Kakao (Kwanwoo Jun/Wall Street Journal) [6h]
- Power prices on the largest electric grid in the US, operated by PJM, jumped 76% YoY to an average of $136.53/MWh in Q1 due to rampant demand from data centers (John Ainger/Bloomberg) [9h]
- Sources: OpenAI acquired Weights.gg, which offered AI tools to create clones of people's voices, earlier this year; PitchBook: Weights.gg had raised roughly $4M (Mike Isaac/New York Times) [10h]
- Sources detail friction between Samsung's memory and logic chip businesses over higher bonuses for memory chip workers, leading many to leave or apply elsewhere (Hyunjoo Jin/Reuters) [10h]
- Seoul-based WIRobotics, which develops wearable and humanoid robots and is collaborating with Nvidia and AWS, raised a ~$68M Series B led by JB Investment (Lee Jaewoon/The Elec) [11h]
- YouTube expands its AI likeness detection program to users over the age of 18, after rolling it out to select creators, politicians, journalists, and others (Mia Sato/The Verge) [12h]
- No new articles in the Past 24 Hours.
- Mortgage and refinance interest rates today, May 16, 2026: Rates rise right along with Treasury yields [1h]
- HELOC and home equity loan rates Saturday, May 16, 2026: Rates remain low, but poised to rise? [1h]
- Best CD rates today, Saturday, May 16, 2026: Best account provides 4% APY [1h]
- Best high-yield savings interest rates today, May 16, 2026: Earn up to 4.1% APY [1h]
- Best money market account rates today, May 16, 2026: Best account provides 4.01% APY [1h]
- Take-Two Interactive Software set to deliver in-line quarter as GTA VI update draws focus [17h]
- AI Data Center Play And Chipmaker Broadcom Stock Named Top Pick By Analysts [18h]
- Cameco (CCJ) Remains A Beneficiary Of The Long-Term Upside In Western Nuclear Fuel Infrastructure, According To GLJ Research [18h]
- BWX Technologies (BWXT) Could Present A Case For Strong Upside, Says Ananym Capital Management [18h]
- TD Securities Reiterates “Buy” Rating On Uranium Energy (UEC) Following Q2 Fiscal 2026 Results [18h]
- No new articles in the Past 24 Hours.
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