Companies
- Marc Rubenstein, “PayPal Holdings Inc is not a bank and doesn’t enjoy any of the protections that are afforded to banks.” (netinterest.co)
- Why CVS ($CVS) and Walgreen’s ($WBA) are struggling. (msnbc.com)
- There’s Netflix ($NFLX) and everyone else. (sherwood.news)
- Spirit Airlines ($SAVE) kinda sucks, but you will miss it when it’s gone. (slate.com)
AI
- OpenAI’s current cash isn’t going to last long. (bigtechnology.com)
- On the pace of AI model improvement. (tomtunguz.com)
- Data centers are reaching some size limits. (semafor.com)
Automattic
- Automattic is in turmoil. (404media.co)
- Can users still rely on WordPress and more importantly Matt Mullenweg? (slate.com)
Global
- Japan’s government bond yields now exceed China’s. (ft.com)
- The West is coming to terms with the extent of Chinese espionage. (wsj.com)
- How donor fatigue is affecting Ukraine’s defense. (politico.com)
Economy
- There’s still no sign of a recession in the data. (econbrowser.com)
- Why neither candidate is talking about the deficit. (semafor.com)
- This year’s Nobel Prize winners in Economics did not come with universal acclaim. (vox.com)
Earlier on Abnormal Returns
- Podcast links: crime and disorder. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: facilitating communication. (abnormalreturns.com)
- Celebrating our nineteenth blogiversary. (abnormalreturns.com)
- Are you a financial adviser looking for some out-of-the-box thinking? Then check out our weekly e-mail newsletter. (newsletter.abnormalreturns.com)
