PSLATTS

Everything Google announced at I/O 2026. Plus the ones I'd keep an eye on: 1. Core AI Models ✦ Gemini 3.5 Flash: 4x faster, built for agents ✦ Gemini 3.5 Pro: major improvements, out next month ✦ Gemini Omni: world models, any input to any output Gemini Omni handles video editing, audio, and images all in one thread. This is Google's true multimodal model. 2. Agentic Era ✦ Gemini Spark: 24/7 AI agent on a virtual machine ✦ Gemini for Mac OS: local file access and dictation ✦ Daily Brief: inbox and calendar into one digest Gemini Spark is Google's answer to OpenClaw. It runs in the background and handles long tasks for you. 3. Search & Commerce ✦ Generative UI: search builds custom widgets live ✦ Search Agents: create and run tasks at scale, 24/7 ✦ Universal Cart: tracks drops, checks compatibility ✦ Agent Payments: AI buys under your defined rules Search Agents don't find information anymore, they act on it. Google Search became an employee. 4. Hardware ✦ Audio Glasses: Gemini, hands-free, this autumn ✦ AR Display Glasses: live translation and overlays ✦ Android XR: new spatial computing platform Audio Glasses are the sleeper hit here. Hands-free Gemini in your ear, no headset, shipping this autumn. 5. Creative & Productivity ✦ Google Pics: image editing with object-level control ✦ Stitch: AI UI design from a prompt or voice ✦ Docs Live: speak, Gemini formats the doc live Doc Live lets users to "brain-dump" ideas verbally to Gemini to generate and format documents in real time 6. Developer Tools ✦ Agent-First IDE: built for multi-agent orchestration ✦ Subagents: 93 built a full OS in 12 hours for $1k Google's Agent-First IDE is a new standalone desktop application designed for multi-agent orchestration. 7. Infrastructure ✦ TPU 8th Gen: 3x stronger, 1,500 tokens per second ✦ SynthID: watermarking expanded to 100B+ outputs OpenAI and NVIDIA are adopting Google's SynthID watermarking standard. This is a rare moment of cross-company collaboration on AI transparency. 8. Science ✦ WeatherNext: Cat 5 hurricane predicted 3 days early ✦ Isomorphic Labs: AI accelerating drug discovery WeatherNext predicted a Cat 5 hurricane strike three days early. This is AI doing something important. Google is building AI that acts, not AI that answers. The agents run in the background. The shopping gets delegated. The brief writes itself. Your job is deciding which tasks to hand over first. Repost ♻️ to help someone in your network. P.S. Which one changes your workflow the most?

@FreightAlley @GasBuddyGuy What I think is not being said is that a large part of the cost base is fixed. This excess revenue starts falling straight down to the bottomline.

Truckload spot rates hit an all-time high, topping the COVID peak. Today's rate is $3.69/mile. We expect truckload rates to rally through the rest of the summer. How soon until $4/mile?

@FreightAlley Craig are you hearing if shippers are renegotiating their annual bid rates? Or what circumstances would this happen? Otherwise the large carriers don’t participate materially until next year

@FreightAlley $KNX still top pick? How quickly can they renegotiate their contracted rates? I think low teens % was > # of spot loads vs contracted. Annual renewals are usually Q1…

Trucking capacity is the tightest it has been in years, with no relief coming anytime soon. The SCOTUS decision could result in the biggest trucking capacity purge in history. There are an estimated 1.2m trucks (36%) with no safety-rating. There are an estimated 300k trucks with a conditional safety rating. That is 1.5m trucks that have a broker can’t demonstrate is “safe” using government data. To put it in perspective, the compliance crackdown has taken an estimated 40k trucks out of commission since last June and we’ve seen what rates have already done. If brokers refuse to load those trucks it would wipe out more capacity than any event in history. Welcome to the trucking super cycle.

@InsAgencyOwner @FreightAlley @TheLastRefuge2 You just look at their CSA scores

@FreightAlley @TheLastRefuge2 How does a freight broker vet drivers for every trucking company they match loads to? This seems like a near impossible feat.

OMG, this is the most pivotal moment in trucking history since Deregulation. It could be an extinction event for 30-50% of all freight brokers. Matt Lefler and I will be on the air at 11AM ET to discuss. Live, streaming on X.

@FreightAlley Craig wouldn’t you want to buy $CHRW on this? Surprised it’s down… I mean sure the asset based carriers home run but the compliant brokers should be huge winners too

@FreightAlley Craig… more flatbed tailwinds in South LA x.com/muskonomy/stat…

The biggest story of the year is the way the economy is being reshaped right in front of our eyes. The heartland, being obliterated by globalization, is making an economic comeback thanks to the AI build out, abundant energy, and tax policies that encourage domestic sourced materials over foreign. For the past decade, the middle of the country didn’t produce freight, it received it. That has flipped this year. freightwaves.com/news/the-heart…

@FreightAlley @FreightWaves Thanks. Only a matter of time until this translates into fleets more buying trucks from dealerships… will be interesting to hear from Rush today after the bell.

@pslatterywalker @FreightWaves Just confirmation that industrials are surging

Although several year-on-year operating comparisons for TFI International (NYSE: TFII) were negative compared to the first quarter a year ago, the company in its prepared statement released in conjunction with the earnings was upbeat. vist.ly/4z2fd

@futureman1977 Thx. How’d you land on $HAL over $SLB? Anything material you like better btw the two? Or just own both now? $TS letting it run into earnings?

Opened a position in $HAL today at 17x. Also have a large position in $TS. I like the oil field services play, given long-term tailwinds from re-build/expand of ME and Venezuela (VZ). Also, robust projections for NAM expansion thru 2029. VZ not priced in. reuters.com/business/energ…

@FreightAlley Nice move up today, will be interested to see $KNX earnings coming up next week.

@FreightAlley Stock only up 2% AH tho… agree strong but expected bigger move.

JB Hunt had one of their strongest earnings calls in years, declaring the Great Freight Recession over. Hunt is a very conservative firm, and CEO Simpson is typically very measured in her comments - this sets the tone for the rest of the carriers as we head into earnings.

One time as a young CEO: We couldn’t get a permit issued by a neighboring state regulator. Weeks went by with it sitting on some guy’s desk. Phone, faxes, zoom, etc. Nothing worked. I told the person in charge of our project: “Fly out there and sit in their office until you get the permit. Bring them donuts, humility, and kindness every day.” We got that permit in 2 hours. I learned: Much of business happens because you get on a plane and go meet in person. Zoom is fine but misses this core part of human nature. Get on the damn plane.

@futureman1977 ConocoPhillips has dispatched a team to Venezuela to evaluate the prospects for a return to drilling in the oil-rich Caribbean nation almost two decades after billions of dollars in assets were seized by the socialist regime. (BBG)

@pslatterywalker stock is breaking out after a multi-year consolidation. repricing higher on VZ opportunity.

Venezuela will replace every inch of steel across its energy infra. I've been accumulating $TS to play this massive overhaul event. $TS is the only OCTB company that can handle a project of this scale + you get 4% yield while you wait for this to unfold.

@futureman1977 Good call here

$BLK private credit exposure is 1.37% of AUM. This selloff is misguided.

@drewfallon12 Hi Drew - Enjoyed this and agree especially after $OFRM. Any updates on Olipop exit prediction or 2027 IPO timing?

Prediction: Olipop goes public in 2027 with sales of >$1B at a $4-6B valuation. JP Morgan is lead left Poppi gets acquired for less than Olipop's IPO price a year later

Olipop raised $50M Series C from JP Morgan Growth capital arm at a $1.85B valuation Thats a markup of ~20,455% from the seed round in 2019 that included BFG & Colter ventures. Only one investor was before that round👀 Where do they go from here? Lets underwrite Olipop👇

@SFarringtonBKC @FreightAlley You could also buy PSLOGI 7.875% 144a notes

@FreightAlley Thank you!

Flatbeds surge to all time high of $3.95/mile as industrials rip. I would have never guessed this possible with a weak housing construction market, but here we are. Manufacturing pulling the freight market up.

You’re never out until you’re out. Play the game in front of you. Not the game you wanted to happen. Not the game that just happened. Not the game you hoped would happen. But the game that is happening. It's a remarkable lesson for basketball, for all of sport, and really, for all of life. In the Elite 8 of the NCAA tournament, the UConn Huskies came out flat against the No. 1 seed Duke. The Huskies trailed by 15 at halftime. No. 1 seeds were 134-0 all time in the NCAA tournament when leading by 15 or more points at halftime. That’s across the entire NCAA tournament history. Every round. Every year. UConn had every reason to give up. But they simply refused. Most people check out when the odds turn against them. But UConn never stopped playing to win. Their big man Tarris Reed Jr. put the Huskies on his back. He played incredibly on both sides of the ball. The Huskies cut the lead to 13. Then to 11. Then to 7. Then to 5. And then, in the final seconds of the game, they cut the lead to two. Duke inbounded the ball, UConn pressured and forced a turnover. With less than a second on the clock, Braylon Mullins—who had shot 0 for 4 from three—put up a deep 3 from the logo, and nailed it. UConn 73. Duke 72. 134-1. After the game, UConn coach Dan Hurley said this about Mullins: "The courage. You have a young man, he's a rare human being. The toughness about him, to take the shot, on a tough shooting night, but he was due." It was an off night. And yet with everything on the line you have no choice but to pull the trigger. Shooters shoot. That's confidence in the process. March Madness is an ultimate test of emotional regulation. Over 3 weeks and 6 games, nothing ever goes to plan. You prepare. You practice. You visualize. Then stuff happens. The difference between those who collapse and those who rise? How they respond, especially when things don’t go their way. What's true in basketball is true in life. It's easy when everything is going your way. But things will go wrong. You'll fall behind. The score won't look good. Most people check out when the odds turn against them. UConn never stopped playing their hardest. Not when they were down 19. Not when they were 1 for 11 from three. Not when history said it was over. It’s called having a next play mentality: You can't control what already happened. You can't control the score. You can only control the next play. One stop. One bucket. One possession at a time. That's how you erase a historical deficit against the No. 1 team in the country. It's how you work through the biggest challenges in life too. Excellence does not mean control. It does not mean perfection. It means refusing to quit on yourself when the situation looks hopeless. It means trusting your preparation even when nothing is falling. It means playing the game in front of you. Not the game you wanted. Not the game you hoped for. The game that is happening. Stay in the arena. Play the next play.

@negligible_cap Agree - Rates need to be lower for Trump to do this… he’s upside down here

*ACKMAN: FANNIE AND FREDDIE ARE 'STUPIDLY CHEAP' $FNMA $FMCC both down over 60% last 6 months. I do think Bill is ultimately right here but this isn’t the environment. They probably go lower near term

@FreightAlley Makes sense on rejections… at some point backhauling shingles for 2/mi not worth the time, truckers will just move on to next 5/mi load. These cities like Dallas all need to re-rate.

Dallas is tightening faster than other trucking market with rejections topping 19%