Monday links: a wave of vulnerabilities
Strategy Ejiye Jimeta Ibhawoh, "AI will change what is scarce. It will not decide who captures that scarcity premium." (rpc.cfainstitute.org) Bear markets are about balance sheets. (hub.tslombard.com) AI No more leaks. Anthopic has dropped its S-1. (techcrunch.com) Elon says the neoclouds are dead. (barrons.com) Meta ($META) is raising some $95 billion. (wsj.com) Microsoft ($MSFT) is offering…
The week in finance brings a wave of vulnerabilities across various sectors. AI is set to change the nature of scarcity, but it won't determine who captures that premium (rpc.cfainstitute.org). Bear markets focus on balance sheets rather than individual company performance (hub.tslombard.com). Anthropic has withdrawn its S-1 filing, signaling a possible shift in the AI landscape (techcrunch.com).
Elon Musk suggests that the concept of "neoclouds" is no longer relevant (barrons.com). Meta Platforms, Inc. ($META) is preparing to raise approximately $95 billion in new capital (wsj.com). Microsoft ($MSFT) is offering a buyout package to its 60,000 employees (theverge.com). For those in wealth management, an exclusive Talking Wealth newsletter is available (talkingwealthpod.com).
Stay updated with daily e-mail updates from Abnormal Returns (abnormalreturns.com). Economic shifts are occurring globally, with Canada decoupling from the U.S. and Mexico finding itself caught between the U.S. and China (apricitas.io, ft.com, atlantic.com). In the realm of finance news, Barry Ritholtz interviews Robin Wigglesworth, author of "A Fabulous Debt," and Nilay Patel speaks with Kevin Roose, author of "The AGI Chronicles" (ritholtz.com, theverge.com).
Podcasts featuring Joe Weisenthal, Tracy Alloway, and Richard Mott discuss the current state of the restaurant industry (podcasts.apple.com).
Written by urgent.news from Abnormal Returns's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
