Quote of the Day
"AI will infuse marketing, sales, customer support, product, & engineering in new ways - nearly all of it requiring data to deliver cost savings & productivity boosts."
(Tomasz Tunguz)
Markets
- More signs that the U.S. stock market is overbought. (capitalspectator.com)
- The Series I savings bond frenzy is over. (bloomberg.com)
- Individual investors have a lot of advantages over professional investors. (awealthofcommonsense.com)
Big Tech
- All things considered, Meta ($META) and Google ($GOOGL) dominate online ad spending. (marketwatch.com)
- How Amazon ($AMZN) is targeting AI. (bigtechnology.com)
- How AI is affecting infrastructure spending. (tomtunguz.com)
- With valuations down, why aren't big tech companies buying more startups? (news.crunchbase.com)
Talent
- Goldman Sachs ($GS) is finding it harder to hang onto its own talent. (wsj.com)
- Venture capital firms are cutting platform teams. (theinformation.com)
Farming
- American farmers are desperate for labor. (npr.org)
- Why global farmland is expected to continue shrinking. (modernfarmer.com)
- How rising temperatures are affecting farmers in Italy. (wsj.com)
- California farmers are re-filling aquifiers. (reasonstobecheerful.world)
Economy
- The Fed's favorite inflation indicator, the PCE, moderated in June. (calculatedriskblog.com)
- Consumer sentiment is always a lagging indicator. (ritholtz.com)
- Measures of shelter costs are set to decline dramatically. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Podcast links: how to say no better. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: 36 years of data. (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)
