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News On Demand, For Those On The Go
Copy of Femi Otedola Doubles Down On His Bet On First Bank; Nigerian Fintech Startup Collapses Quickly After Raising $1 Million; And More Businesses Pay For Claude Than ChatGPT
Today's set of headlines is really about where capital, power, and attention are moving right now. Alphabet’s valuation is creeping toward Nvidia’s lead as investors reward a more diversified AI story, Trump is bringing a heavyweight business delegation to China to chase trade and purchase deals, Dangote is targeting a potential $50 billion listing for his refinery, and Jane Street is turning market volatility plus AI-linked stakes into a record trading haul. The common threa
5 min read
Femi Otedola Doubles Down On His Bet On First Bank; Nigerian Fintech Startup Collapses Quickly After Raising $1 Million; And More Businesses Pay For Claude Than ChatGPT
Today's headlines is really about control, confidence, and conversion. In Nigeria, Femi Otedola has just committed another ₦43.41 billion to First HoldCo, doubling down on his bet on First Bank and First Holding Company, while Nigerian Fintech startup Chimoney folds shortly after raising $1 million as it ultimately ran out of cash, showing that a good idea can still be unprofitable. In AI, Anthropic has overtaken OpenAI in workplace adoption for the first time, and in creator
5 min read
Netflix Reveals Staggering Spend On Original Content; Wall Street's NACHO Trade; eBay Rejects GameStop Offer; And AP & Swatch Royal Pop Collaboration
The worlds of entertainment, trading, and tech speculation are colliding in dramatic fashion. Netflix has revealed it spent a staggering $135 billion building its streaming empire over the last decade. On Wall Street, a new AI-fueled investing craze known as the “NACHO Trade” is concentrating enormous amounts of capital into a handful of mega-cap tech giants, raising both excitement and fears of market fragility. Meanwhile, GameStop stunned markets with an ambitious $56 billi
5 min read
The Economics of Snowfall
A Deep Dive Into Who the Economic Winners and Losers are during Snowfall "The weather outside is frightful.” Frank Sinatra I was working from home on a random weekday when I took a break to look at the view from my apartment and let my mind wander. Whilst I watched people penguin walk and cars all but crawl, I settled on an interesting thought: who benefits and suffers the most financially when it snows? That question led me down an incredibly fascinating rabbit hole, t
16 min read
Your "Investment" Is Probably a Gamble. Here's How to Know for Sure.
The Differences between Dice, Deals & Dividends; "The market can remain irrational longer than you can remain solvent.” John Maynard Keynes I commonly get consulted for investment proposals, whereby people are asking of me where I believe is best for them to deploy their capital in order to get a financial return, and the first thing that I ask [after strongly indicating that I am not a financial advisor, and the entire conversation isn’t financial advice] what their time
22 min read
From Manger to Markets: An analysis of Christmas’ Commercial Takeover
Has Capitalism Devoured Christmas? Underneath the bustle of the German Christmas markets, the pouring of mulled wine and hot chocolate, the wrapping of selected trinkets, and the voices of the choir singing Christmas carols, is the faint, almost imperceptible, constant pinging of successful transactions, whether it be Apple Pay, Google Pay, cash, or a physical card. That sound is the evidence of the “Golden Quarter” in full swing, and the silent prevalence of the second r
11 min read
Femi Otedola Doubles Down On His Bet On First Bank; Nigerian Fintech Startup Collapses Quickly After Raising $1 Million; And More Businesses Pay For Claude Than ChatGPT
Today's headlines is really about control, confidence, and conversion. In Nigeria, Femi Otedola has just committed another ₦43.41 billion to First HoldCo, doubling down on his bet on First Bank and First Holding Company, while Nigerian Fintech startup Chimoney folds shortly after raising $1 million as it ultimately ran out of cash, showing that a good idea can still be unprofitable. In AI, Anthropic has overtaken OpenAI in workplace adoption for the first time, and in creator
5 min read
Netflix Reveals Staggering Spend On Original Content; Wall Street's NACHO Trade; eBay Rejects GameStop Offer; And AP & Swatch Royal Pop Collaboration
The worlds of entertainment, trading, and tech speculation are colliding in dramatic fashion. Netflix has revealed it spent a staggering $135 billion building its streaming empire over the last decade. On Wall Street, a new AI-fueled investing craze known as the “NACHO Trade” is concentrating enormous amounts of capital into a handful of mega-cap tech giants, raising both excitement and fears of market fragility. Meanwhile, GameStop stunned markets with an ambitious $56 billi
5 min read
Alphabet On Pace To Dethrone Nvidia As Most Valuable Company; Trump’s Handpicked Envoy Of CEOs Accompany Him To China; And Dangote Refinery’s $50Bn IPO
Today's set of headlines is really about where capital, power, and attention are moving right now. Alphabet’s valuation is creeping toward Nvidia’s lead as investors reward a more diversified AI story, Trump is bringing a heavyweight business delegation to China to chase trade and purchase deals, Dangote is targeting a potential $50 billion listing for his refinery, and Jane Street is turning market volatility plus AI-linked stakes into a record trading haul. The common threa
5 min read
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