Quote of the Day
"Whatever you're selling, your business is increasingly dependent on digital algorithms, online crowds, and pure chance."
(Dror Poleg)
Markets
- What price does Apple ($AAPL) need to hit to get to $5 trillion in market cap? (allstarcharts.com)
- 30-year mortgage rates are pushing 7% again. (mortgagenewsdaily.com)
- Good luck trying to predict the future shape of the yield curve. (mailchi.mp)
Crypto
- Prosecutors are pouring through a ton of evidence in the SBF case. (nytimes.com)
- Coinbase ($COIN) is not sitting back in its fight with the SEC. (theblock.co)
AI
- Fake AI stories will continue to roil the financial markets. (finance.yahoo.com)
- OpenAI competitor Anthropic just raised a $450 million Series C round. (venturebeat.com)
- AI will act more like a co-pilot than anything else. (semafor.com)
- How Sequoia Capital is betting on AI. (businessinsider.com)
Companies
- Companies are getting it from all sides during proxy season. (wsj.com)
- Can measures of employee well-being predict future company performance? (fastcompany.com)
Finance
- Why aren't more regional banks merging? Nobody wants to give up the big seat. (washingtonpost.com)
- London, as a financial center, is at-risk of being left behind. (ft.com)
Streaming
- The cost of watching sports on TV is only going to increase. (nymag.com)
- Ad loads are on the rise at streaming services. (businessinsider.com)
- Max is here, how does it differ from HBO Max? (theverge.com)
Economy
- The median new home sales price is down 15.3% from the peak. (calculatedriskblog.com)
- Single family home size is trending down. (thebasispoint.com)
Earlier on Abnormal Returns
- Research links: costly bond funds. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: complex things. (abnormalreturns.com)
- Are you a financial adviser looking for some out-of-the-box thinking? Then check out our weekly e-mail newsletter. (newsletter.abnormalreturns.com)