Quote of the Day
"There's $13 trillion trapped in venture capital and private equity funds right now, and it's wrecking America’s system to create new companies."
(Rett Wallace)
Finance
- Why is Vanguard pushing into private equity investing? (wsj.com)
- New SPAC deals are instrumental in the Bitcoin Treasury trend. (institutionalinvestor.com)
- A closer look at 'beautifully designed' Figma's S-1. (tomtunguz.com)
Companies
- Amazon ($AMZN) has already deployed more than a million robots in its warehouses. (wsj.com)
- Paramount Global ($PARA): we did nothing wrong, but are still paying $16 million to settle a lawsuit. (npr.org)
AI
- Seth Godin, "Either you work for an AI or AI works for you." (seths.blog)
- AI is a boon for disinformation providers. (wired.com)
- Is AI the key to a four-day workweek? (axios.com)
Chicken
- Why QSRs keep shifting toward chicken dishes. (ft.com)
- How Raisin' Canes became the 3rd largest chicken chain in the U.S. (cnbc.com)
Tariffs
- On the tariff costs to business, so far. (axios.com)
- A small business owner who used Amex points to pay a big tariff bill. (sherwood.news)
Economy
- Heavy truck sales fell in June. (calculatedriskblog.com)
- Everybody discounts the ADP employment report, but it showed a decline in June jobs. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Personal finance links: ready for help. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: informed trading. (abnormalreturns.com)
- Don't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)
