Quote of the Day
"The comparisons between the AI hype-frenzy and the Dotcom boom are obvious and endless. They’re also largely correct. We’re at the beginning of the story, not the end."
(Dave Nadig)
Chart of the Day
In May, the top 50 stocks in the S&P 500 outperformed the other 450 by the widest margin since at least 2005.
Strategy
- A lot of issues really come down to perspective. (ritholtz.com)
- Some career advice from noted investor David Tepper. (investmenttalk.co)
Companies
- Meta ($META) is requiring workers to come back to the office three days a week. (cnbc.com)
- Amazon ($AMZN) is looking to add wireless service for Prime members. (finance.yahoo.com)
Apple
- There are only open questions right now about Apple's ($AAPL) VR efforts. (nytimes.com)
- What Apple's ($AAPL) VR effort says about the state of the company. (bigtechnology.com)
AI
- How AI could change online advertising. (msn.com)
- What role will AI play with how ad agencies work? (axios.com)
- Artifact is now re-writing clickbait headlines using AI. (theverge.com)
Streaming
- What's in Comcast's ($CMCSA) $20 Now TV package? (variety.com)
- A reckoning for streaming services is coming. (wired.com)
Economy
- The May NFP report showed the US economy added 339k jobs. (calculatedriskblog.com)
- There is a divergence between the employment and household surveys. (bonddad.blogspot.com)
- What's the difference between a Fed 'skip' and a 'pause'? (ft.com)
- Year-over-year measures of rent continue to decline. (calculatedrisk.substack.com)
Earlier on Abnormal Returns
- Podcast links: the science of sleep. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: safer experiences. (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)
