Tuesday links: being distinctly human
AI What is an 'AI stock'? Nobody really knows. (trendlabs.com) Security is a big business for AI. (tomtunguz.com) Anthropic is becoming more efficient with compute. (morningstar.com) Why people will pay a premium for human attention. (newsletter.drorpoleg.com) Companies GM ($GM) is switching to the Nasdaq. (nytimes.com) Why LVMH stock is nearly 60% off its highs.…
Tuesday links focus on the human aspect of artificial intelligence. AI stocks remain a mystery, while security companies benefit from the AI boom. Anthropic, an AI company, improves its efficiency with compute resources. People are willing to pay more for human attention, as opposed to AI. Major companies like GM are switching to trading on the Nasdaq exchange.
Luxury brand LVMH's stock has fallen nearly 60% from its peak. Discrimination against female executives often occurs when companies face trouble. Some investors have turned to managed futures ETFs. Janus Henderson launches a tokenized fund tracking the Nasdaq-100 Index. The NBA teams up with Kalshi and Polymarket, a gambling platform, for betting on election outcomes.
Regulators are investigating how gambling companies target customers. Abnormal Returns and Talking Wealth newsletters keep readers updated on the latest financial news. Home prices in the US rose by 2.1% in August, according to the Case-Shiller index. The Fed may skip a rate hike this month. Inflation remains a concern for many, as it is unlikely to ease up soon.
Written by urgent.news from Abnormal Returns's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.