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AI is entering a new phase: its 2.0 era. AI 1.0 was built on unstructured data that applied general machine learning to broad business problems. It marked the shift from…
Read article →It’s taken over 20 years for e-commerce to get to 16% of global retail sales. If we draw a parallel, agentic commerce will be much faster. I predict we’ll get…
Read article →Warren Buffett may have said he was “going quiet” after he retired from his role as Berkshire Hathaway CEO last year, but the investment strategy of his sunset years in…
Read article →America’s new love affair with gambling reached a crescendo on Super Bowl Sunday, when federally regulated prediction market Kalshi processed an eye-popping $871 million in trading volume—most of it tied…
Read article →S&P 500 futures were up marginally this morning after the index closed down 0.33% yesterday. The index is up 1.41% year to date, which isn’t bad given that we’re only…
Read article →Caterpillar was founded in 1925. But it is having a moment in the AI age. Recommended Video Shares of the company have climbed to record levels in recent weeks, pushing…
Read article →Elon Musk’s net worth surged to $852 billion this week—a record high set into motion by the merger of two of his companies, SpaceX and xAI, ahead of a highly…
Read article →The hardest things to see are often right in front of you. This is the case with respect to the radical redirection of corporate governance under way in the United States…
Read article →Apollo chief economist Torsten Slok has found a head-scratcher buried in the financial data: For years, the price of gold and real interest rates have been inversely correlated; as interest…
Read article →S&P 500 futures were up 0.32% this morning after the index closed flat yesterday at 6,941. Investors seem to be buoyed by the strong job-market numbers published yesterday by the…
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