Shazeer, co-author of the Transformer paper, left Google on June 18 for OpenAI less than two years after Google paid $2.7 billion to bring him back.
Author Archives: newanalytica
SpaceX stock falls 18% from its record high as IPO euphoria cools
SpaceX stock (SPCX) has retreated 18% from its $225.64 all-time high as rate-hike fears and the $60 billion Cursor acquisition weigh on the post-IPO rally.
Euro bond issuance hits record $1.1 trillion as dollar’s global role ebbs
Euro-denominated bond issuance hit a record $1.1 trillion in 2025, up 30%, and the euro now leads the dollar in green bonds, the ECB’s June 2026 report shows.
Ukraine strikes Tyumen refinery 2,000 km inside Russia with new drones
Ukraine hit an oil refinery in Russia’s Tyumen Oblast on June 20, over 2,000 km from the border, as Zelenskyy disclosed new drones with a 3,000 km range capability.
De la Espriella wins Colombia’s presidential runoff in narrowest race on record
Abelardo de la Espriella’s narrow runoff win on June 21 ends four years of Gustavo Petro’s leftist government and reshapes US-Colombia ties.
House panel clears bill to subject AI chip exports to weapons-sale review
The House Foreign Affairs Committee advanced the AI OVERWATCH Act 42–2–1, a bill that would require congressional review of advanced chip exports to adversaries and ban Nvidia Blackwell sales to China for two years.
Crypto platforms promised SpaceX IPO access. No shares were delivered.
Binance, Bybit, Bitget, and MEXC refunded hundreds of millions in customer funds after their SpaceX tokenized stock campaigns collapsed on IPO day, exposing the limits of blockchain equity access.
Bank of England holds at 3.75% as two MPC members push for a hike
The Bank of England’s MPC voted 7–2 to hold rates at 3.75% on 18 June, with two dissenters backing an immediate hike to 4% as UK inflation stays at 2.8%, nearly a full point above target.
Netanyahu says Israel will stay in Lebanon indefinitely despite US-Iran deal
Benjamin Netanyahu declared Israel will remain in southern Lebanon ‘for as long as necessary,’ openly defying the terms of the US-Iran memorandum of understanding signed on 19 June 2026.
Cabinet ministers push Starmer to name his departure date
Home Secretary Shabana Mahmood has told Keir Starmer to set a departure timetable, as two cabinet resignations and Andy Burnham’s Makerfield landslide push the Labour leadership crisis to a new threshold.