GLM-5.2 is now just 0.005 away from Fable-5 in visual spec-to-app development. On VISTA’s latest C4 leaderboard: 🥇 Claude Code + Fable-5 — 0.274 🥈 Claude Code + GLM-5.2 — 0.269 🥉 Claude Code + Opus 4.8 — 0.263 　 Claude Code + Sonnet 4.6 — 0.248 　 Cursor + Composer 2.5 — 0.212 　 Codex + GPT-5.5 — 0.205 The story is no longer just “which model writes better code.” For real app-building agents, performance is increasingly shaped by the full stack: 🧠 model 🛠️ harness 🔁 tool loop 👁️ visual understanding ⚙️ reasoning setup The harness is becoming part of the model. 🔗

Seedance 2.5 at 1080p on OpenArt AI Prompt: Create a highly realistic, cinematic 30-second video for Seedance 2.5 featuring the same young Korean woman throughout the entire sequence, with consistent facial identity, body proportions, hairstyle, clothing, and natural skin texture. SUBJECT: A beautiful Korean woman in her early 20s with a natural, believable appearance. She wears an attractive everyday summer outfit: a fitted cropped T-shirt, stylish high-waisted casual shorts that are fashionable but natural for everyday streetwear, clean black sneakers, and a delicate simple necklace. Her black hair is loosely tied back with a few natural strands framing her face. Minimal makeup, realistic skin texture, subtle imperfections, expressive eyes and a relaxed, confident personality. SETTING: A charming older Korean neighborhood on a warm late-afternoon day. Narrow residential streets, low concrete houses, small local shops, parked bicycles and scooters, utility poles, faded signs, leafy trees, pedestrians in the distance and authentic Korean street details. The environment must feel genuinely lived-in rather than staged. VISUAL STYLE: Ultra-photorealistic cinematic documentary footage with the feeling of an authentic viral street-life video. Natural sunlight, realistic shadows, physically accurate reflections, believable skin and fabric textures, subtle lens imperfections, realistic depth of field and natural motion. High-quality modern capture with occasional handheld movement that feels human-operated, not artificially generated. No excessive beauty filter, plastic skin, CGI appearance or overly perfect composition. 30-SECOND SEQUENCE: 0–5 SEC: The woman walks casually through the narrow neighborhood street toward the camera, occasionally glancing around. A gentle breeze moves her hair and T-shirt naturally. The camera follows her from slightly behind and then moves alongside her. 5–10 SEC: She notices a tiny neighborhood snack shop and slows down. She looks through the open storefront, smiles naturally and walks closer. Capture small spontaneous gestures and realistic eye movement. 10–16 SEC: She orders a popular Korean street snack from the vendor. Show close-up details of the food being prepared: steam rising, utensils moving, sizzling sounds and realistic hand movements. She watches with genuine curiosity and exchanges a short laugh with the vendor. 16–22 SEC: She receives the hot snack, carefully blows on it because it is still hot, then takes her first bite. Her reaction is spontaneous and genuinely happy. Capture a brief close-up of her expression followed by a wider handheld shot. 22–27 SEC: She suddenly notices the camera filming her. She gives a playful surprised smile, steps slightly toward the lens and casually gestures as if inviting the viewer to follow her. Keep the interaction natural and unscripted-looking. 27–30 SEC: She turns and continues walking down the neighborhood lane. The camera follows for a few steps before naturally falling behind. End with her disappearing around a corner while the warm afternoon street ambience continues. CAMERA: Natural handheld cinematography, subtle operator movement, realistic walking camera motion, occasional focus adjustment, natural rack focus between the woman and surroundings, realistic motion blur, mild exposure adaptation and imperfect framing. Mix medium tracking shots, environmental wides, natural close-ups and over-the-shoulder shots. Avoid excessive camera movement or artificial cinematic effects. AUDIO: Authentic Korean neighborhood ambience only: footsteps, distant conversations, birds, passing scooters, bicycles, cooking sounds, light traffic, food sizzling, utensils and natural street noise. Include short natural Korean conversation between the woman and vendor, but keep dialogue casual and understated. NO background music. REALISM REQUIREMENTS: Maintain exact character identity across every shot. No face changes, age changes, hairstyle changes, clothing changes, duplicate people, warped hands, extra fingers, distorted food, floating objects, impossible shadows, inconsistent lighting, artificial facial expressions, unnatural walking, rubbery motion, text artifacts or CGI-looking environments. Every interaction must obey real-world physics. Make the entire sequence feel like genuine footage captured spontaneously in a real Korean neighborhood. FORMAT: 30 seconds, high-quality Seedance 2.5 generation, cinematic realism, natural 16:9 composition, detailed environmental textures, believable human motion, coherent continuity between shots, professional image quality while retaining the authenticity of real handheld street footage.

10 year Treasury yields bottomed in March 2020 at 0.5% They're now at 5.2% During this period of rapidly rising interest rates the S&P 500 is up 18.8% annualized High rates + high inflation and we still got ~15% real annual returns Strange times

🚨 *FED PROJECTS 2 MORE 2027 RATE HIKES *FED 2027 MEDIAN FED FUNDS 4.1% (+0.5) *FED 2027 MEDIAN CORE PCE 2.5% (UNCHANGED) *FED 2027 MEDIAN PCE 2.3% (UNCHANGED) *FED 2027 MEDIAN UNEMPLOYMENT 4.1% (-0.2) *FED 2027 MEDIAN GDP 2.4% (+0.1)

Premarket movers: Mag 7 stocks are mostly lower: Nvidia (NVDA) climbs 0.9% after its board authorized an additional $150 billion under the company’s existing share repurchase program, increasing the total remaining amount authorized to $235 billion (Meta Platforms (META) -2.5%, Alphabet (GOOGL) -1%, Amazon (AMZN) -0.7%, Tesla (TSLA) -0.5%, Microsoft (MSFT) -0.5%, Apple (AAPL) -0.3%) Precious metals miners are broadly lower, following a drop in gold and silver prices as persistent tensions in the Middle East push up government bond yields and dent the appeal of non-yielding metals. Shares of oil majors rise. Kodiak Sciences (KOD) jumps 66% after saying the company has met key endpoints for both Zenkuda and tabirafusp-ted in the Phase 3 study in patients with wet age-related macular degeneration. NetEase ADRs (NTES) rise 4% after Morgan Stanley names it top pick among peers, expecting the firm’s new Ananta game to become a blockbuster launch and a core growth driver next year. SK Hynix ADRs (SKHY) drop 3% as reports of subsidiary Solidigm’s IPO plans trigger concerns over the rationale behind the move. Snowflake (SNOW), a maker of software that helps organize and analyze corporate data in the cloud, falls 4% as the company intends to offer $3.5 billion of convertible senior notes. Teleflex (TFX) inches 1.4% higher after BofA Global Research upgraded the medical device supplier to buy, citing upside to earnings.

In 2023, more than 5,000 attended the 30th Annual "OWN IT!" Baron Conference at New York's iconic Met Opera House. The 2024, 31st Annual "Building Legacy" Baron Conference on November 15th at The Met… features exceptional executives of SpaceX...MSCI...Arch Capital...and Red Rock Resorts...the Baron Capital team...incredible entertainment...and an ice cream cone served by former ice cream truck driver Ron... Oh yeah...good luck winning one of three awesome Tesla Y door prizes. All expenses, including door prizes...are paid by @BaronCapital...not our clients... Investors should consider the investment objectives, risks, and charges and expenses of the investment carefully before investing. The prospectus and summary prospectuses contain this and other information about the Funds. You may obtain them from the Funds’ distributor, Baron Capital, Inc., by calling 1-800-99-BARON or visiting Please read them carefully before investing. Portfolio holdings as a percentage of net assets as of June 30, 2024 for securities mentioned are as follows: Space Exploration Technologies Corporation - Baron Asset Fund (2.9%), Baron Fifth Avenue Growth Fund (0.9%), Baron Focused Growth Fund (10.3%), Baron Global Advantage Fund (6.1%), Baron Opportunity Fund (2.8%), Baron Partners Fund (13.2%*); Tesla, Inc. - Baron Fifth Avenue Growth Fund (3.2%), Baron Focused Growth Fund (8.6%), Baron Global Advantage Fund (3.3%), Baron Opportunity Fund (3.5%), Baron Partners Fund (28.9%*), Baron Technology Fund (2.5%); MSCI Inc. - Baron Asset Fund (0.5%), Baron Durable Advantage Fund (2.1%), Baron FinTech Fund (2.5%), Baron Focused Growth Fund (3.1%), Baron Growth Fund (9.8%), Baron Partners Fund (1.8%*); Arch Capital Group Ltd. - Baron Asset Fund (4.8%), Baron Durable Advantage Fund (2.1%), Baron FinTech Fund (3.0%), Baron Focused Growth Fund (6.4%), Baron Growth Fund (12.7%), Baron International Growth Fund (2.8%), Baron Partners Fund (9.5%*); Red Rock Resorts, Inc. - Baron Discovery Fund (1.6%), Baron Focused Growth Fund (3.9%), Baron Growth Fund (1.5%), Baron Partners Fund (1.5%*), Baron Real Estate Fund (1.7%), Baron Small Cap Fund (3.6%). *% of Long Positions. Portfolio holdings are subject to change. Current and future portfolio holdings are subject to risk. All expenses associated with this conference are paid by Baron Capital, Inc. No conference expenses are paid by Baron Funds. BAMCO, Inc. is an investment adviser registered with the U.S. Securities and Exchange Commission (SEC). Baron Capital, Inc. is a broker-dealer registered with the SEC and member of the Financial Industry Regulatory Authority, Inc. (FINRA).

Never mess with a grandma holding an umbrella! Crazy action game choreography with Seedance 2.5. (Prompt in the comments 👇)：CORE OBJECTIVE Generate a 30-second, 16:9, photorealistic next-gen AAA open-world action game gameplay sequence. The entire sequence takes place only in the same daytime Showa-era Japanese narrow alley <<@>>. Environment: overcast daylight, recently rained, wet stone pavement, puddles and subtle reflections, light drizzle. Camera: third-person over-the-shoulder gameplay perspective with responsive, player-controlled movement. Use natural tracking, lateral movement, short push-ins and pull-backs, and subtle orbiting during combat. Characters: Traditional umbrella-fighting grandmother <<@>> Young thug in a red jacket <<@>> Young thug in a blue hoodie <<@>> Extremely large, obese boss <<@>> Keep all character identities, faces, clothing, body proportions, silhouettes and physical characteristics strictly consistent with their reference images throughout the entire sequence. The grandmother always uses the same burgundy long-handled umbrella. Do not redesign, replace, recolor or alter the umbrella. HUD AND HEALTH-BAR LOGIC — HIGHEST PRIORITY Health bars are persistent animated fill bars, never static icons. Whenever a character takes a valid hit, the health-bar fill must visibly decrease at the exact moment of impact, moving smoothly and continuously from the right edge toward the left. Every individual hit removes only part of the remaining health. ABSOLUTE HEALTH-BAR RULES Never instantly empty an entire health bar. Never allow a character to remain visibly full-health after taking a valid hit. Never empty a bar before the character is actually defeated. Never remove the health bar simply because the character is hit. Only the final successful attack, at the exact moment the character is genuinely knocked down and loses combat capability, may reduce the remaining health to zero. After reaching zero, the empty bar remains visible for approximately 0.5 seconds, then fades out completely. Health percentages exist only as invisible animation logic. Never display numerical health values or percentages on screen. RED-JACKET THUG <<@>> His independent health bar appears at full health when combat officially begins. First successful throw: smoothly drops to approximately two-thirds remaining. Follow-up kick: smoothly drops to approximately one-third remaining. Final punch or umbrella-handle strike: the remaining health stays visible until the actual finishing impact. At the exact moment he is knocked down, the final remaining portion smoothly reaches zero. Empty bar remains briefly visible, then fades out. BLUE-HOODIE THUG <<@>> His independent health bar also begins completely full. Every clearly visible successful punch and low sweep causes the red fill to decrease in small, smooth increments. The bar must always retain visible remaining health before the final attack. Only the final hit that actually knocks him down empties the remaining health. The empty bar briefly remains visible, then fades out. The two thug health bars are completely independent. They must never empty simultaneously without corresponding separate finishing attacks. BOSS HEALTH BAR The boss health bar must not exist before the boss enters the fight. At approximately 11 seconds, when the giant obese boss <<@>> begins his angry charge, his boss HUD appears in the upper-right corner. It consists of: Boss portrait “BOSS” Large red health bar The boss health bar starts completely full and remains visible throughout the entire boss fight. Each distinct group of successful attacks causes a separate, smooth reduction in the bar. Valid damage includes: abdominal punches strikes to the back of the knees repeated kicks to the chest special umbrella attacks successful combo sequences The bar must always retain visible remaining health. Immediately before the final throw, only a small amount of red fill remains. At the exact moment the boss is slammed onto the wet stone pavement and is completely incapacitated, the final remaining red segment smoothly reaches zero. The empty bar remains briefly visible, then fades out. PLAYER HEALTH BAR The grandmother's green health bar remains in the upper-left HUD. It decreases only when the boss visibly lands a successful hit on her. Every successful boss attack must correspond to a small, synchronized reduction. The player's health bar must never decrease without a visible cause. 0–4 SECONDS — APPROACH / NO HUD The camera is positioned slightly behind and off to the side of the grandmother <<@>>. She walks calmly toward the far end of the narrow Showa-era Japanese alley, holding her closed burgundy long-handled umbrella. The red-jacket thug <<@>>, blue-hoodie thug <<>>, and giant obese boss <<@>> approach from the opposite direction, gradually forming a threatening three-person blockade. The red-jacket thug aggressively says in Japanese: “ばあさん、金を出せ！” The grandmother simply looks up at him with a completely expressionless face. The dialogue must finish before the fourth second. ABSOLUTELY NO HUD during this section. Do not show: portraits health bars minimap enemy markers skill icons boss interface combo indicators damage numbers any other gameplay UI The screen should feel like uninterrupted gameplay before combat begins. 4–5 SECONDS — FIGHT START / THUG HEALTH BARS APPEAR At exactly the moment combat begins, briefly flash: “FIGHT START” At the same moment, the gameplay HUD smoothly fades in: Upper-left Grandmother portrait Green health bar Skill cooldown represented only by a circular light/dark progress indicator Lower-left Circular minimap Three red enemy markers Above the two thugs The red-jacket thug <<@>> and blue-hoodie thug <<@>> simultaneously receive their own independent full red health bars, floating directly above their heads and following their movement. Upper-right Remain completely empty. Do not display the boss portrait or boss health bar yet. 5–11 SECONDS — THUG FIGHT / INDIVIDUAL DAMAGE The red-jacket thug <<@>> throws a punch. The grandmother sidesteps, catches his arm and executes a realistic over-the-shoulder throw. At the exact moment his body hits the ground, his overhead health bar smoothly decreases from full to approximately two-thirds. The grandmother immediately follows with a kick. The second hit causes another smooth health reduction to approximately one-third. She follows with one final punch or umbrella-handle strike. Only when the final impact actually knocks him down does the remaining health smoothly reach zero. The empty health bar remains briefly visible before fading out. The blue-hoodie thug <<@>> attacks from behind. The camera quickly tracks with the grandmother as she turns and shifts laterally through the narrow alley. She blocks his attack with the burgundy umbrella, then counters with a series of punches and low sweeping kicks. Every clearly visible successful hit must correspond to a small, smooth reduction of his overhead red health bar. The health bar must visibly retain remaining fill between attacks. Only the final successful strike that actually knocks him down may empty the bar. The empty bar remains briefly visible and then fades out. When a genuine uninterrupted sequence of successful attacks occurs, briefly display: “COMBO ×4” No damage numbers. No floating hit-point indicators. 11–26 SECONDS — BOSS FIGHT / CONTINUOUS HEALTH-BAR STATE Once both thugs are down, the giant obese boss <<@>> suddenly lets out an aggressive roar and charges. At the exact moment his charge begins, reveal the boss HUD in the upper-right corner: Boss portrait “BOSS” Large full red health bar The boss health bar remains fixed in the upper-right corner until his final defeat. The boss swings a heavy horizontal punch. The grandmother avoids the first strike but the second attack clips her shoulder. At the exact impact, her upper-left green health bar smoothly decreases by a small amount. The boss then uses his forearm to knock her umbrella aside and follows with a powerful body charge, driving her into a wooden wall. Her green health bar decreases again, synchronized precisely with the successful impact. The grandmother breaks free. She kicks the boss behind the knee, then delivers a rapid sequence of abdominal punches. Every genuine group of successful hits causes the boss's red health bar to smoothly decrease by a visible segment. The boss grabs her and violently shoves her back against the wall. Her green health bar decreases again. The boss charges once more. She sidesteps at the last instant, causing the boss to crash heavily into the wooden wall. She immediately counters with a strike behind the knee followed by two consecutive kicks into his chest. The boss health bar continues to decrease smoothly in separate stages. The two fighters then exchange rapid punches, blocks, elbows, kicks, grapples and counters. Keep the action grounded, physical and believable. The camera should maintain a strong third-person playable-game feel, dynamically following the combat as the characters move left and right through the alley, along walls and around obstacles. Use: lateral tracking short push-ins short pull-backs subtle camera orbiting responsive over-the-shoulder framing controlled handheld-like gameplay movement Avoid excessive cinematic camera movements that would make the scene feel like a pre-rendered movie rather than real gameplay. SPECIAL ATTACK The grandmother's circular skill cooldown indicator gradually completes and becomes illuminated. She then uses the burgundy umbrella to trap and control the boss's arm. She strikes behind his knees repeatedly, follows with heavy abdominal blows, then uses the umbrella and her body momentum to pivot around him. During genuinely uninterrupted successful hit sequences, briefly display: “COMBO ×6” Later, during another genuine uninterrupted sequence: “COMBO ×8” These indicators must only appear when the corresponding continuous hits actually happen. The boss health bar continues to decrease smoothly after every legitimate attack group. Never empty the bar prematurely. The grandmother finally captures the boss's arm and uses her momentum to execute a powerful rotational throw. As the throw begins, the boss health bar still contains a small visible red segment. The boss crashes heavily onto the wet stone pavement. At the exact moment his body hits the ground and he becomes completely incapacitated, the final remaining red segment smoothly decreases to zero. The empty boss health bar remains visible briefly, then fades out. 26–28 SECONDS — MISSION COMPLETE / WALK AWAY All three enemies are now lying defeated in the alley. The individual empty enemy health bars and boss interface fade out first. Then the grandmother's upper-left HUD and lower-left minimap smoothly fade away. Light rain continues falling. The grandmother opens her burgundy umbrella and calmly walks deeper into the alley. The camera follows her from behind. Display a refined golden metallic UI treatment: “MISSION COMPLETE” Below it: “敵を全員倒した” Keep the typography polished and premium, consistent with a modern AAA game interface. 28–30 SECONDS — FINAL FRONT CLOSE-UP Remain in the exact same Showa-era Japanese daytime alley <<@>>. The camera smoothly moves from behind the grandmother, arcs around to the front, and continues moving backward as she walks toward it. End on a clear front-facing close-up. Her identity and facial appearance must remain completely consistent with <<@>>. Her short white curly hair is slightly damp from the rain. The burgundy umbrella is open above her head. Her expression remains calm, cold and completely unfazed. Her breathing is steady. She briefly looks straight ahead, then her gaze passes just beside the camera as she continues walking. The three defeated enemies remain visible far behind her in the background. Do not cut back to a rear view. The final frame remains on her face beneath the burgundy umbrella, with fine rain falling around her. HUD STYLE Use <<@>> only as a visual reference for HUD structure and material language. Borrow only: interface zoning translucent panels subtle metallic borders premium AAA game UI finish Do not inherit: characters environments numbers button prompts icons text layouts that conflict with the HUD specification above The HUD should feel like an original modern AAA action game interface. HARD UI RESTRICTIONS Absolutely no: damage numbers health percentages countdown numbers reward numbers experience points score floating damage values right-side button prompts unnecessary UI notifications The only combat text allowed is: “FIGHT START” “COMBO ×4” “COMBO ×6” “COMBO ×8” and the final mission-complete text: “MISSION COMPLETE” “敵を全員倒した” Combo indicators may appear only during genuine continuous hit sequences. AUDIO No background music. Use only diegetic gameplay sound and UI feedback: footsteps wet pavement and puddle splashes light rain Japanese dialogue HUD activation sounds punches and kicks umbrella impact and metallic blocking sounds body impacts wooden wall impacts grappling sounds heavy falls onto wet stone water splashes exertion breathing subtle environmental ambience Keep the sound design grounded and realistic, with no exaggerated arcade effects. OVERALL VISUAL TARGET Photorealistic next-generation AAA open-world action game. Realistic human anatomy and movement. Physically believable combat. Wet post-rain surfaces with natural reflections. Overcast daytime lighting. Detailed Showa-era Japanese alley architecture. Stable character identities and costumes. Strong sense of weight, impact and physical momentum. The sequence must feel like actual high-budget gameplay footage, not a cinematic trailer, animation, anime sequence, or stylized fighting montage. The grandmother remains the visual and gameplay protagonist throughout the entire sequence.