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News On Demand, For Those On The Go
Copy of Elon Musk Loses Case Against OpenAI & Sam Altman; Nigeria Stock Market Overttakes European And London Stock Markets In Trade Settlement Times; And Shakira Gets A €55 Million Tax Refund From Sp
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
Elon Musk Loses Case Against OpenAI & Sam Altman; Nigeria Stock Market Overttakes European And London Stock Markets In Trade Settlement Times; And Shakira Gets A €55 Million Tax Refund From Spain
Courts, capital markets, and portfolio strategy all moved today. OpenAI cleared a major legal overhang when a California jury rejected Elon Musk’s lawsuit, Nigeria’s SEC set June 1 for a T+1 settlement cycle to speed up market plumbing, Berkshire continued its post-Buffett shakeup by fully exiting UnitedHealth after the stock rebounded, and Shakira won her latest Spain tax battle with the court ordering a refund of tens of millions of euros. It is a day defined by reversals,
5 min read
Martha Stewart’s AI Startup; Honda's First Ever Annual Loss; McKinsey Cuts Cash Comp On AI Pivot; And The Families Of The Boeing Crash Get $49 Million Settlement
Martha Stewart AI Startup is the latest company cashing in on the AI investment boom after raising $10 million at launch, while Honda Motor Co. posted its first annual loss in nearly 70 years as its EV strategy struggles to gain traction. Meanwhile, Boeing faces another costly setback tied to the 737 MAX crisis after a U.S. jury awarded $49.5 million to a victim’s family, and McKinsey & Company is reportedly revamping partner compensation as AI begins reshaping the consulting
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
Copy of Elon Musk Loses Case Against OpenAI & Sam Altman; Nigeria Stock Market Overttakes European And London Stock Markets In Trade Settlement Times; And Shakira Gets A €55 Million Tax Refund From Sp
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
Elon Musk Loses Case Against OpenAI & Sam Altman; Nigeria Stock Market Overttakes European And London Stock Markets In Trade Settlement Times; And Shakira Gets A €55 Million Tax Refund From Spain
Courts, capital markets, and portfolio strategy all moved today. OpenAI cleared a major legal overhang when a California jury rejected Elon Musk’s lawsuit, Nigeria’s SEC set June 1 for a T+1 settlement cycle to speed up market plumbing, Berkshire continued its post-Buffett shakeup by fully exiting UnitedHealth after the stock rebounded, and Shakira won her latest Spain tax battle with the court ordering a refund of tens of millions of euros. It is a day defined by reversals,
5 min read
Martha Stewart’s AI Startup; Honda's First Ever Annual Loss; McKinsey Cuts Cash Comp On AI Pivot; And The Families Of The Boeing Crash Get $49 Million Settlement
Martha Stewart AI Startup is the latest company cashing in on the AI investment boom after raising $10 million at launch, while Honda Motor Co. posted its first annual loss in nearly 70 years as its EV strategy struggles to gain traction. Meanwhile, Boeing faces another costly setback tied to the 737 MAX crisis after a U.S. jury awarded $49.5 million to a victim’s family, and McKinsey & Company is reportedly revamping partner compensation as AI begins reshaping the consulting
5 min read
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