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The Latest Breaking News from Citrini

AI Job Apocalypse Debunked? BofA Presents Nuanced Data — And Warning Signs

A growing wave of AI-linked layoffs has yet to translate into widespread job destruction across the U.S. economy, according to Bank of America.

Benzinga

'This Is Fake News': Elon Musk Kills Viral $52 Billion SpaceX-Foxconn AI Deal Story

Elon Musk refuted a viral claim that SpaceX ordered $52 billion worth of AI servers from Foxconn, highlighting the rapid spread of unverified information on social media.

International Business Times UK

CXMT close to matching Micron's memory capacity in 2026, research claims — would put China on track to become world's second-largest DRAM producer

As CXMT's DRAM capacity set to match Micron's, China's DRAM industry could become world's second largest after South Korea.

Tom’s Hardware

From analysis to the latest developments in health,
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DRAM demand predicted to outstrip supply by 28.7 exabytes in 2030, which is almost as much as the actual DRAM in the world right now

More to come? Joy.

PC Gamer

Wolfspeed Is Surging on Bullish Analyst Note. What Comes Next for WOLF Stock.

Wolfspeed stock ended yesterday in the green as Citrini issued a constructive research note. Here’s why its analysts are bullish on WOLF shares.

Barchart

The $39 trillion national debt just got its own version of the viral Doomsday essay

Centrist political group No Labels is using science fiction to sound the alarm: "Neither party has any credibility on the debt or deficit right now."

Fortune

AI is destroying jobs – and the energy crisis could make that much worse

Every wave of new tech has come with a doomsday scenario. But governments just aren’t planning a human response on the scale required, says Guardian columnist Larry Elliott

The Guardian - UK

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3 Giants Across Sectors Lift Dividends 15% or More

Dividend increases of nearly 15% or more don't come around every day. These three big names across key sectors are doing just that.

MarketBeat

OpenAI investor Vinod Khosla believes AI will be able to do 80% of all jobs by 2030. Here’s how life could be affordable after mass unemployment

The Silicon Valley billionaire foresees a deflationary economy—but also free health care and education, along with a tax overhaul.

Fortune

Morgan Stanley Says These Could Be 2 of the Best Agentic AI Stocks to Buy Now

The premiere financial services firm expects these two payment giants to get a big boost from AI. But both are reportedly facing a big threat.

Barchart

Ken Griffin's Citadel Securities Debunks Citrini's Terrifying 2028 AI Doomsday Prediction

Citadel Securities challenges Citrini Research's dystopian economic crisis forecast of AI destroying global jobs, leading to a market crash and record unemployment in 2028.

International Business Times UK

Why Sequoia’s Alfred Lin isn’t worried about the SaaS-pocalypse

Despite fear-mongering about an AI-spurred economic crisis, Lin said that software remains a verdant area to invest.

Fortune

Block CEO Jack Dorsey lays off nearly half of his staff because of AI and predicts most companies will make similar cuts in the next year

The former Twitter CEO said AI was “enabling a new way of working” as his company scales back its workforce as a result of AI productivity gains.

Fortune

Is DoorDash Stock Set to Be the Next Major AI Victim?

A new scenario making the rounds on Wall Street puts DoorDash squarely in the crosshairs of the AI revolution it helped accelerate.

Barchart

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Fortune

Citadel Securities demolishes viral AI doomsday essay, arguing the real ‘Global Intelligence Crisis’ is ignorance of macro fundamentals

So you’re spooked by a viral essay. How about, I don’t know, looking at the data?

The Independent UK

Investors hit back at report that gave dystopian vision of AI future

One expert said they think ‘it seems more likely that AI will be a complement rather than a substitute for labor’

Fortune

People are getting fake news on their phones and that’s increasing the risk of a market crash

The great smartphone panic of 2026 builds off the “dumb money” revolution of the past five years. Now viral doomerism is threatening the real economy.

The Guardian - UK

‘A feedback loop with no brake’: how an AI doomsday report shook US markets

Shares in Uber, Mastercard and American Express fall on back of apocalypse scenario posted on Substack

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