Quote of the Day
"Intelligence is unlikely to make common sense."
(Kevin Kelly)
Finance
- Wealthfront has filed to go public. (cnbc.com)
- Why OpenAI needs to raise so much capital. (ft.com)
- Data centers are increasingly funded by debt. (wsj.com)
- Sports gambling companies are increasingly at-risk from prediction markets. (sherwood.news)
ETFs
- ETF share classes are here. (morningstar.com)
- This asset manager is going all-in on ETFs. (fa-mag.com)
- The JPMorgan Total Credit ETF will invest part of the portfolio in private credit. (msn.com)
- Active ETFs have advantages over open-end cousins, but still have a hurdle to overcome. (morningstar.com)
Apple
- The new iPhone Air is great. (om.co)
- Liquid Glass is an UI/UX misstep. (therectangle.substack.com)
- How an outing with a new Apple ($AAPL) iPhone, AirPods and Watch went. (spyglass.org)
Saudi Arabia
- Saudi Arabia's investment strategy skews towards male-focused businesses. (axios.com)
- A lot of American comedians are happy to perform at the first ever Riyadh Comedy Festival. (theguardian.com)
Ukraine
- How Ukraine developed semi-autonomous interceptor drone technology. (giftarticle.ft.com)
- Why the Russian oil industry is in decline. (wsj.com)
Economy
- The housing market has stalled out. (bonddad.blogspot.com)
- The economic gap between hiring and capex is notable. (ft.com)
- You'll miss dollar dominance when it's gone. (ninaeichacker.substack.com)
Earlier on Abnormal Returns
- Research links: higher cost and complexity. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: succession planning. (abnormalreturns.com)
- With great gratitude, remembering Jonathan Clements. (Updated with new links.) (abnormalreturns.com)
- Don't miss out! Sign up for daily e-mail newsletter. (abnormalreturns.com)
