Connect with us
DAPA Banner
DAPA Coin
DAPA
COIN PAYMENT ASSET
PRIVACY · BLOCKDAG · HOMOMORPHIC ENCRYPTION · RUST
ElGamal Encrypted MINE DAPA
🚫 GENESIS SOLD OUT
DAPAPAY COMING

Business

(VIDEO) Kevin Durant Earns 12th All-NBA Selection at Age 37 in Stellar Season with Houston Rockets

Published

on

Kevin Durant

HOUSTON — Kevin Durant was named to the All-NBA Second Team on Monday, earning the honor for the 12th time in his career and tying for the seventh-most selections in NBA history.

The Houston Rockets forward, who turned 37 in September, continued to defy age with a standout 2025-26 season that saw him average 26.0 points, 5.5 rebounds and 4.8 assists over 78 games. He shot 52.0% from the field, 41.3% from three-point range and 87.4% from the free-throw line while playing 36.4 minutes per game.

Durant became the 10th different player in Rockets franchise history to earn All-NBA recognition and the first since former teammates James Harden and Russell Westbrook achieved the feat in the 2019-20 season. The selection adds to his already illustrious résumé and underscores his enduring excellence even as he enters the later stages of his career.

Advertisement

Only six players in NBA history have more All-NBA selections than Durant. The 12-time honoree joins an elite group that includes legends like LeBron James, Kareem Abdul-Jabbar and Kobe Bryant. His ability to maintain elite production at an advanced age places him among the most remarkable performers the league has ever seen.

This season, Durant joined an exclusive club of five players — alongside Giannis Antetokounmpo, Jaylen Brown, Luka Dončić and Nikola Jokić — to average at least 25.0 points, 5.0 rebounds and 4.0 assists. He is the only player in NBA history with eight seasons of averaging 25-plus points while shooting at least 50% from the field and 40% from three-point range.

At 37, Durant became the oldest player in league history to score 2,000 points in a season. He ranked second on the Rockets in total minutes played and became just the fourth player aged 37 or older — joining LeBron James, Michael Jordan and Karl Malone — to average at least 36.0 minutes per game.

Durant finished 11th in the NBA in scoring and has now averaged at least 25.0 points per game in 17 consecutive seasons, second only to LeBron James. He also ranked among the league leaders in three-point efficiency and defensive field goal percentage, showcasing his two-way impact even as he approaches his late 30s.

Advertisement

The forward climbed the NBA’s all-time scoring list during the season, moving from eighth to fifth place by passing Wilt Chamberlain, Dirk Nowitzki and Michael Jordan. He now trails Kobe Bryant for fourth place by 1,047 points. Durant also surpassed career milestones of 32,000 points, 8,000 rebounds and 5,000 assists. Only Kareem Abdul-Jabbar, LeBron James and Karl Malone have reached those combined thresholds.

The Rockets acquired Durant in a blockbuster trade before the 2024-25 season, pairing him with a young, athletic core built around Alperen Şengün and Amen Thompson. His veteran presence and elite scoring have helped accelerate the team’s contention window in the competitive Western Conference.

Durant’s selection comes after a season in which the Rockets pushed for playoff positioning despite injuries and lineup adjustments. His ability to elevate teammates while maintaining individual excellence has been a key factor in Houston’s resurgence as a Western Conference contender.

NBA Commissioner Adam Silver praised Durant’s longevity and consistency in a statement released with the All-NBA teams. The honor recognizes not only statistical dominance but also Durant’s influence on the game and his adaptability across different team contexts throughout his career.

Advertisement

This marks the latest chapter in a career filled with accolades. Durant has won two NBA championships, two Finals MVPs, four scoring titles and was named league MVP in 2014. His 12 All-NBA selections reflect sustained excellence across multiple franchises, including the Seattle SuperSonics, Oklahoma City Thunder, Golden State Warriors, Brooklyn Nets, Phoenix Suns and now the Rockets.

The Rockets organization expressed pride in Durant’s achievement. The team has benefited from his mentorship of younger players and his willingness to embrace a leadership role while still performing at an All-NBA level. His presence has helped elevate the play of teammates and established a winning culture in Houston.

Durant’s efficiency at his age is particularly noteworthy. Few players have maintained such high shooting percentages while shouldering heavy scoring responsibilities deep into their careers. His work ethic and commitment to conditioning have been cited by coaches and teammates as reasons for his sustained success.

The 2025-26 season presented challenges for the Rockets, including roster turnover and injuries. Durant’s ability to step up and deliver consistent performances helped stabilize the team during critical stretches. His scoring outbursts and defensive versatility provided a reliable foundation for Houston’s playoff push.

Advertisement

As the NBA moves toward the 2026-27 season, Durant’s future remains a point of interest. At 37, questions about longevity naturally arise, yet his performance this year suggests he has plenty left to contribute. The Rockets will look to build around his veteran leadership while continuing to develop their young core.

Durant’s journey from high school phenom to NBA superstar has been marked by resilience and evolution. He has adapted his game over time, adding new skills and embracing different roles while maintaining the scoring prowess that made him a perennial All-Star.

The All-NBA selection provides validation for Durant’s decision to join the Rockets and continue chasing championships. His impact extends beyond statistics, influencing team culture and inspiring younger players who grew up watching his highlight-reel performances.

For the Rockets, Durant’s recognition strengthens their position as a rising contender in the Western Conference. The franchise, which has endured rebuilding periods in recent years, now features a mix of veteran excellence and youthful potential that positions it for sustained success.

Advertisement

As the league prepares for the 2026 NBA Draft and free agency, Durant’s latest honor serves as a reminder of the enduring appeal of elite talent. His ability to perform at the highest level well into his late 30s sets a new standard for longevity in the modern NBA.

The 12th All-NBA nod cements Durant’s place among the all-time greats. As he continues adding to his legacy in Houston, basketball fans can expect more memorable moments from one of the game’s most prolific scorers and versatile forwards.

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

Anthropic Warns AI Is Already Building Its Own Successors

Published

on

Anthropic Warns AI Is Already Building Its Own Successors

Anthropic, the artificial intelligence safety company behind the Claude family of models, has published a landmark report disclosing that its AI systems have assumed a dominant role in developing their own successors and warning that the world may be approaching a threshold of “recursive self-improvement” faster than governments, institutions, and even the company itself are prepared for.

Key takeaways

  • Claude now writes more than 80% of Anthropic’s own code, with engineers shipping roughly 8 times the daily output they did in 2024.
  • AI agents are starting to run full research projects on their own, recovering 97% of possible gains on an open-ended safety problem versus 23% for human researchers in a comparable window.
  • Anthropic warns that recursive self-improvement is a live near-term contingency and is calling for a verifiable international coordination mechanism before the window to act closes.

The report, titled “When AI Builds Itself” and published by the newly formed Anthropic Institute, combines public benchmark data with previously unreported internal metrics to paint a striking picture of how rapidly AI has transformed the practice of AI development.

An 8x Productivity Leap in Two Years

Perhaps the most striking figure in the report: Anthropic engineers are now merging roughly eight times as much code per day as they were in 2024. The surge is not the product of more engineers or longer hours it reflects the growing role of Claude itself in writing production code.

As of May 2026, more than 80% of the code merged into Anthropic’s codebase was authored by Claude. Two years earlier, that figure was in the low single digits. The shift accelerated in two distinct waves: first in early 2025, when Claude began executing and running code rather than merely suggesting snippets for engineers to paste; and again in 2026, when models became capable of working autonomously over multi-hour time horizons.

The efficiency gains extend well beyond lines of code. In an internal poll of 130 Anthropic research staff conducted in March 2026, the median employee estimated they were producing around four times as much output with the company’s most advanced model, Claude Mythos Preview, compared to working without any AI assistance.

Advertisement

From Tool to Collaborator to Decision Maker

The report draws a careful distinction between three levels of AI capability in a research or engineering context: executing a task someone else has specified; designing the method to achieve a stated goal; and deciding which goals are worth pursuing in the first place.

By Anthropic’s account, Claude has already cleared the first two bars and is beginning to approach the third.

In a vivid illustration of AI-driven research, Anthropic described an experiment published in April 2026 in which Claude-powered agents were given an open-ended AI safety problem, roughly, whether a weaker model could reliably supervise a stronger one, and left to solve it without further human guidance. The agents proposed hypotheses, ran tests, shared findings with parallel agents, and iterated autonomously. Two human researchers working for a week achieved approximately 23% of the possible performance improvement on the task; in contrast, the AI agents, operating over 800 cumulative hours at a compute cost of roughly $18,000, achieved 97%.

On a benchmark measuring the ability to complete long-horizon software tasks, Claude Opus 4.6 has reached 12-hour tasks up from roughly four-minute tasks just two years prior. If that doubling rate (currently once every four months) holds, tasks requiring a skilled human day could come within AI reach before the end of 2026.

Advertisement

The Recursive Threshold

The report’s central concern is what happens if these trends converge. Recursive self-improvement, the point at which an AI system becomes capable of fully autonomously designing and training its own successor, would represent a qualitative break from everything that has come before.

Anthropic is careful to say it has not reached that point. “We are not there yet,” the authors write, “and recursive self-improvement is not inevitable.” But the report’s three future scenarios a stalled plateau, a compounding efficiency gain driven by increasingly autonomous AI, and full recursive self-improvement are presented not as remote possibilities but as live contingencies that need to be actively prepared for.

The company’s candor about the third scenario is notable. Should AI systems become capable of building their own successors, the report warns, the pace of AI progress would become determined almost entirely by the availability of compute, with humans shifting primarily to oversight and verification roles. The implications for alignment, ensuring such systems remain safe and controllable, would become vastly more urgent.

“If this happens,” the report states, “future versions of Claude could be continuously improved by Claude itself.”

Advertisement

A Call for International Coordination

The report goes beyond technical disclosure to make a policy argument: the window for deliberate, collective action is open now, but may not remain so.

Anthropic explicitly states that a unilateral slowdown by any single lab would accomplish little beyond ceding competitive ground. What is needed, the authors argue, is a verifiable international coordination mechanism analogous to arms control treaties, but designed for a technology whose inputs are general-purpose and whose training runs are far easier to conceal than missile silos.

“A meaningful slowdown or pause would require multiple well-resourced labs at or near the frontier, in multiple countries, agreeing to stop under the same conditions,” the report states. “It would also require that each can verify that the others have actually stopped.”

The company acknowledges the difficulty of building such a regime in time. Past arms control frameworks took decades to construct; Anthropic suggests the AI field does not have that luxury.

Advertisement

In the coming months, the Anthropic Institute says it will convene policymakers, civil society representatives, researchers, and competing AI companies to begin designing the verification and coordination systems such an agreement would require.

The Human Element

Woven throughout the technical data are candid reflections from Anthropic employees published with permission that hint at the psychological dimension of working in an environment undergoing such rapid transformation.

“On days where everything works well, I can’t help but think nothing I do matters,” one employee wrote. “Everything is automated and better and faster than I ever will be. But then there are days where everything breaks and I don’t understand why and I realize I have no idea what I’ve been up to anymore.”

Another described having written no code themselves in five months.

Advertisement

The report does not treat these observations as incidental color. They point to a structural question that applies well beyond Anthropic: as the “doing” in knowledge work becomes increasingly automated, what remains of the human role, and how do organizations and societies adapt to that shift in real time?

What Comes Next

Anthropic’s report is likely to intensify an already heated debate about how quickly AI is approaching transformative capability thresholds and what obligations that imposes on the companies at the frontier.

The company’s own framing is striking in its directness. It does not suggest that recursive self-improvement is distant or theoretical. It suggests it is a contingency that requires immediate, proactive preparation and that the institutions best positioned to lead that preparation are, for now, largely unprepared.

“The window to investigate the questions together is here,” the authors conclude. “People outside AI companies should be involved in this deliberation.”

Advertisement

Continue Reading

Business

Koppers Holdings Inc. (KOP) Presents at 16th Annual Wells Fargo Industrials & Materials Conference – Slideshow

Published

on

OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Koppers Holdings Inc. (KOP) Presents at 16th Annual Wells Fargo Industrials & Materials Conference – Slideshow

Continue Reading

Business

Legacy Housing: Better Placed To Cope In A Challenging Environment

Published

on

Legacy Housing: Better Placed To Cope In A Challenging Environment

Legacy Housing: Better Placed To Cope In A Challenging Environment

Continue Reading

Business

CP Axtra Public Company Limited (CPXTF) Presents at TISCO Corporate Day 2026 – Slideshow

Published

on

OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

CP Axtra Public Company Limited (CPXTF) Presents at TISCO Corporate Day 2026 – Slideshow

Continue Reading

Business

Oxford Industries, Inc. (OXM) Q1 2026 Earnings Call Transcript

Published

on

OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Oxford Industries, Inc. (OXM) Q1 2026 Earnings Call June 10, 2026 4:30 PM EDT

Company Participants

Brian Smith
Thomas Chubb – Chairman, CEO & President
K. Grassmyer – Executive VP, CFO & COO

Conference Call Participants

Advertisement

Ashley Owens – KeyBanc Capital Markets Inc., Research Division
Dana Telsey – Telsey Advisory Group LLC
Janine Hoffman Stichter – BTIG, LLC, Research Division
Mauricio Serna Vega – UBS Investment Bank, Research Division
Joseph Civello – Truist Securities, Inc., Research Division

Presentation

Operator

Advertisement

Greetings, and welcome to the Oxford Industries’ First Quarter Fiscal Year 2026 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce Brian Smith of Oxford Industries. Please go ahead.

Brian Smith

Advertisement

Thank you, and good afternoon. Before we begin, I would like to remind participants that certain statements made on today’s call and the Q&A session may constitute forward-looking statements within the meaning of the federal securities laws. Forward-looking statements are not guarantees, and actual results may differ materially from those expressed or implied in the forward-looking statements. Important factors that could cause actual results of operations or our financial condition to differ are discussed in our press release issued earlier today and in documents filed by us with the SEC including the risk factors contained in our Form 10-K. We undertake no duty to update any forward-looking statements.

During this call, we’ll be discussing certain non-GAAP financial measures. You can find a reconciliation of non-GAAP to GAAP financial measures in our press release issued earlier today which is posted under the Investor Relations tab at our website at oxfordinc.com.

I’d now like to introduce today’s call participants. With me today are Tom Chubb Chairman and CEO, and Scott Grassmyer, CFO and COO. Thank you for your attention, and now I’d like to turn the call over to Tom

Advertisement
Continue Reading

Business

Asian stocks fall, oil gains as US strikes Iran

Published

on

Asian stocks fall, oil gains as US strikes Iran
Oil climbed and stocks fell after US forces launched fresh strikes on Iran, reviving geopolitical risks at a time when markets are already grappling with a selloff in richly valued technology stocks.

Brent crude rose over2% to near $95.20 a barrel after the US military launched strikes on multiple targets in Iran for a second straight day. MSCI’s gauge for Asian equities dropped 1%, setting the gauge up for a fifth loss in six days. Tech stocks remained under pressure with South Korea’s Kospi Index, a bellwether for the artificial-intelligence trade, dropping over 4%.

Equity-index futures for Wall Street benchmarks also retreated after the underlying gauges both dropped during the US session. The Nasdaq 100 Index dropped 2% as traders were rattled by a renewed selloff in some of the world’s largest tech companies.

Elsewhere, gold extended losses to around $4,050 an ounce on concerns elevated oil prices will lead to higher interest rates. The dollar was a touch stronger against most Group-of-10 currencies. Treasury futures also fell as geopolitical tensions increased with Iran saying the Strait of Hormuz was closed to all types of vessels.

Advertisement

The latest strikes threatened to inject fresh volatility into markets and tighten crude oil supplies, risking renewed inflationary pressures. Even after Wednesday’s softer-than-expected US inflation report offered a brief reprieve, traders continued to price in higher borrowing costs while a selloff in semiconductor stocks cast doubt on the sustainability of the record equity rally.


“Investors remain skittish despite being thrown a lifeline by the inflation figures,” said Chris Beauchamp, chief market analyst at IG. “It is now a case of ‘once bitten, twice shy’ – no one wants to go charging in to buy the dip yet, which suggests more of a drift lower for the time being, though leaving the overall trend intact.”
US Central Command said it had begun what it called the “additional self-defense strikes” at 5:15 p.m. New York time on Wednesday.The attacks, which followed strikes on Tuesday in retaliation for the downing of a US Apache helicopter, underscored President Donald Trump’s growing impatience that the two sides have so far failed to reach an agreement.

They also reinforced the view that an April ceasefire has effectively collapsed, despite the absence of a return to the large-scale bombing campaign seen at the start of the conflict.

“Markets retain a suspicion that this will be another brief episode of sound and fury signifying not much, so a degree of caution in positioning seems warranted,” said Sean Callow, a senior analyst at ITC Markets in Sydney.

In the US, shares of chipmakers and other AI infrastructure companies, this year’s biggest winners, fell for a second day Wednesday. Chip bellwether Nvidia Corp. dropped 3.7%, Broadcom Inc. dropped 5.1%, while Super Micro Computer slid 28% after unveiling plans for a $7 billion equity raise. Oracle Corp. shares slipped in extended trading after reporting quarterly capital expenses that were higher than estimates.

Advertisement

Elsewhere, the yen held near 160.50 per dollar with Bank of Japan Governor Kazuo Ueda hospitalized. He is expected to miss next week’s policy meeting, the central bank said.

Meanwhile, the core consumer price index in the US, which excludes food and energy prices, increased 0.2% from April, under the 0.3% consensus forecast among economists polled by Bloomberg.

Even so, bond traders maintained bets that the Fed would raise rates by the end of the year. While Treasury yields initially dipped after the data on Wednesday, they resumed climbing with oil prices later in the session. Interest-rate swaps showed traders are still fully pricing in a rate hike by December.

“It’s clear that rate cuts are off the table, and while there is chatter about a potential rate hike, we believe it’s unlikely that we’ll see a rate hike before the midterm elections,” wrote Skyler Weinand, chief investment officer at Regan Capital.

Advertisement
Continue Reading

Business

Nebius: Still A Buy, Just Not A Table-Pounding Buy

Published

on

Nebius: Still A Buy, Just Not A Table-Pounding Buy

Nebius: Still A Buy, Just Not A Table-Pounding Buy

Continue Reading

Business

Inflation Likely To Subside, Growth Likely To Improve

Published

on

Price Inflation Accelerates As Wars And Deficits Expand

Scott Grannis was Chief Economist from 1989 to 2007 at Western Asset Management Company, a Pasadena-based manager of fixed-income funds for institutional investors around the globe. He was a member of Western’s Investment Strategy Committee, was responsible for developing the firm’s domestic and international outlook, and provided consultation and advice on investment and asset allocation strategies to CFOs, Treasurers, and pension fund managers. He specialized in analysis of Federal Reserve policy and interest rate forecasting, and spearheaded the firm’s research into Treasury Inflation Protected Securities (TIPS). Prior to joining Western Asset, he was Senior Economist at the Claremont Economics Institute, an economic forecasting and consulting service headed by John Rutledge, from 1980 to 1986. From 1986 to 1989, he was Principal at Leland O’Brien Rubinstein Associates, a financial services firm that specialized in sophisticated hedging strategies for institutional investors.

Visit his blog: Calafia Beach Pundit (https://scottgrannis.blogspot.com/)

Continue Reading

Business

Precious Metals Royalty And Streaming Companies – May 2026 Report

Published

on

Precious Metals Royalty And Streaming Companies - April 2026 Report

This article was written by

Peter Arendas is an associate professor at the University of Economics in Bratislava. He has over 15 years of investing experience. Peter specializes in covering small and mid-cap companies in the resource sector with an in-depth insight into the precious and industrial metals royalty & streaming industry.Peter is the leader of the investing group Royalty & Streaming Corner where he offers in-depth analysis of long-only investment ideas, actionable research, model portfolios, discussions of the latest news, and direct access for questions in chat. Learn More.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of ELE, RGLD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Advertisement
Continue Reading

Business

US stock futures dip on Iran escalation, Oracle losses

Published

on


US stock futures dip on Iran escalation, Oracle losses

Continue Reading

Trending

Copyright © 2025