NewsSeptember 7, 20265 min read
In a conversation exploring the collision of traditional finance and futuristic technology, top Wall Street strategist Tom Lee sketched out a wild “black swan” scenario in which the global financial…
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NewsSeptember 7, 20265 min read
Public and private market investors have indiscriminately been attributing huge premiums to AI companies, and the party continues — the music is still playing and people are still dancing. But when…
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NewsSeptember 7, 20264 min read
Sentiment shifted in the stock market this week as investors began to question the value of corporate software and IT services in an age where artificial intelligence may be able…
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NewsSeptember 7, 20262 min read
Robotaxi pioneer Waymo has raised another $16 billion to help fuel its ambition for its fleet of self-driving cars to provide rides throughout the world while other deep-pocketed rival services…
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NewsSeptember 7, 20263 min read
First, the good news. Bitcoin ticked up 5% this morning to $65.9K per coin. That’s it. That’s all the good news about Bitcoin today. Everything else is bad news. The…
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NewsSeptember 7, 20266 min read
Niklas Östberg is a rare beast. A founder-CEO who took his company public and survived a shareholder backlash. Sam Altman might like to take his number as he considers floating OpenAI. Reporting on your results every three months is not…
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NewsSeptember 7, 20263 min read
Jay Malavia and Zayd Alzein both got interested in prediction markets around the time of the 2024 presidential election. But they quickly noticed that the emerging industry—which invites users to…
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NewsSeptember 7, 20265 min read
The U.S. stock market roared back on Friday, as technology stocks recovered much of their losses from earlier in the week and bitcoin halted its plunge, at least for now.…
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NewsSeptember 7, 20264 min read
Patriots quarterback Drake Maye was a 2024 first round, third overall NFL draft pick with a reported $36.6 million contract—but you likely wouldn’t be able to tell it from the…
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NewsSeptember 7, 20263 min read
Four-time Super Bowl champion Joe Montana wasn’t looking to be an investor after his NFL career, but his San Francisco 49ers teammates convinced him to give it a shot. Recommended…
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