Thursday links: the attention business
ETFs Investors in crypto ETFs have seen disappointing returns. (morningstar.com) This ETF has essentially been wiped out. (etf.com) SpaceX Just how much SpaceX ($SPCX) is spending on capex. (tomtunguz.com) These investors bought what they thought were stakes in SpaceX ($SPCX). (wsj.com) A big SpaceX ($SPCX) share lockup is expiring today. (cnbc.com) Companies Be wary when companies change their…
Investors in crypto ETFs have been left with disappointing returns, with some ETFs essentially being wiped out. SpaceX, the aerospace company, has been spending a significant amount on capital expenditures. Investors had thought they were purchasing stakes in SpaceX, but a big share lockup is expiring today. Companies should be cautious when altering their forward-facing metrics.
Crocs, the footwear retailer, has an office located in the small island of Malta, which may be a tax-related decision. Corporate America continues to discuss the concept of compounding. CEOs are increasingly hiring Chiefs of Staff to assist with the growing workload. In the technology sector, there is speculation about which SaaS company will be next in line to expand.
Researchers are investigating the brain drain at Google's AI efforts. Apple's Vision Pro, a new mixed reality device, is being utilized in the medical field, specifically in surgical procedures. Consumers concerned about food safety are turning to farmers markets for their produce. Farmers in certain regions have been discarding entire harvests of lettuce, leading to shortages.
As a result, some consumers are seeking out fresh, locally sourced food options. The economy is showing promising signs, with weekly initial unemployment claims hitting new lows. However, U.S. worker income as a percentage of national income has reached an all-time low. The new Federal Reserve Chair is receiving a lot of attention as she assumes her role.
The Camp Kotok conference, known for its secretive nature, is held annually. In the realm of personal finance, the article highlights the importance of being less efficient in certain aspects of one's financial life. In entertainment, Jordan Harper's novel "A Violent Masterpiece" is gaining buzz as one of the year's most anticipated crime novels.
For those who enjoy thrillers, The New York Times has compiled a list of the 50 best thrillers of the 21st century, which includes the critically acclaimed "Gone Girl."
Written by urgent.news from Abnormal Returns's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.