10 Monday AM Reads

Is the AI Capex Bubble About to Burst? The spending on artificial intelligence may end, but it will likely not occur as quickly as investors anticipate, according to a recent analysis. Wall Street's love for Scott Bessent and Kevin Warsh seems to have cooled, as Catherine Rampell discusses the bond market's recent shift in sentiment.

Rising bond yields are adding billions to the debt costs of G7 countries, as the world's developed economies face higher financing costs since the US-Iran war began. Ordinary Abundance reflects on the wealth present in everyday comforts, capabilities, and freedoms that would have amazed previous generations. The Joint Account outlines six conversations about money that should be had before getting married, emphasizing that planning a shared life involves more than just bank accounts.

Wall Street Journal reveals how Big Tech blinded itself to the grassroots AI revolt, with its limited perspective becoming increasingly out of touch, even as IPOs from Anthropic and OpenAI approach. Slate explains why weather apps often fail to feel accurate, despite advancements in forecasting accuracy. Plain English discusses the parallel trends of decreasing alcohol consumption and increased awareness of moderate drinking's health risks among Americans under 35.

San Francisco Chronicle reports that Earth's oceans just broke a heat record, with the warmest globally averaged sea surface temperatures in recorded history, driven by a surging El Niño and long-term warming.