Anthony Hughes

Financial journalist

[Bloomberg @business]

While AI labs promise ROI, the reality is the technology costs more than ever — and more companies are deciding they can't afford it, writes @Parmy (via @opinion) https://t.co/yoOewh9Rdg

[Cryptofungus @Cryptofung]

my wife explaining how the overpriced house she likes is actually a great deal after I just lost half my net worth in cryptocurrency

[Cricketopia @CricketopiaCom]

Ball of the Century

#OnThisDay in 1993, Shane Warne bowled his first ball in England and that turned out to be the Ball of the Century.

It drifted lazily onto leg stump, then spat back a yard or two and clipped the top of off.

The famous picture of Ian Healy aahing and Gatting oohing tells the story perfectly.

[ExtraXTime @FTextraTime]

Leagues with the Most Players on the #FIFAWorldCup2026

[James Seyffart @JSeyff]

Great article on the details around the S&P decision *NOT* to make any changes for mega cap IPOs

[Barstool Sports @barstoolsports]

“If I keep buying the dip, it keeps dipping, you got no money to buy the dip, you’re outta dip!”

Dave still has the worst timing with crypto

[Vince Rugari @VinceRugari]

In the city American sport abandoned, the Socceroos have found a true home
https://t.co/uNWHv44wP8

[The Wall Street Journal @WSJ]

Anthropic is calling for top AI labs to weigh slowing the pace of development, suggesting that AI systems are advancing so rapidly that they may soon be able to improve themselves without human intervention in ways that could pose societal risks. https://t.co/8c7xkeX17B

[J.P. Morgan @jpmorgan]

Live from our global headquarters: Jamie Dimon and Elon Musk discuss SpaceX and more. https://t.co/WQfJ3j8atX

[Elon Musk @elonmusk]

SpaceX IPO info

[Sawyer Merritt @SawyerMerritt]

Fidelity has announced that it is making the SpaceX IPO available to any customer with a retail brokerage account with $2,000 or more in the account (down from up to $500k before).

"SpaceX has decided to reserve a much higher percentage of the offering (up to 30%), which means there should be more shares available to retail clients, which is why we have decided to reduce IPO eligibility for this offering."

[LuxAlgo @LuxAlgo]

🚨 The S&P just announced they will NOT change eligibility requirements to 'fast track' index inclusion for megacap stocks such as the upcoming SpaceX or Anthropic IPOs.

Looks like $SPCX will just have to settle for joining the Nasdaq 100 $QQQ.

[Craig Stephens | Access IPOs @AccessIPOs]

Fidelity has modified some long-held rules for #SPCX
- Min. account balance: $2,000 (normally $500k)
- Min. request: 1 share (normally 100)

Flipping policy holds.

[Jack Kuhr @JackKuhr]

SpaceX aims to eventually hit 70% gross margin and 45% net income margin.

[*Walter Bloomberg @DeItaone]

GOLDMAN SACHS EXPECTS SPACEX’S AI REVENUE TO SURGE 100 TIMES BY 2030

[litquidity @litcapital]

Conspiracy theorists who think Vanguard and BlackRock control the world after reading this tweet

[Luke Cannon @lukecannon727]

“Michael, so you own 5% of all Bitcoin & decided you were going to sell some to test the liquidity?"

“That’s correct Dave.”

“And you did this immediately after using up your cash to buy back debt at an 8% discount?”

“I did, Dave.”

“So when you actually did what you said you were going to do, the liquidity test didn't go well?”

“Sadly true, Dave.”

"And you only sold 32 BTC, even though you knew that wouldn't be enough to cover the next year of dividend payments?"

"Yes, Dave."

"So in the process of selling BTC to try & save STRC, you ended up killing BTC, STRC, & MSTR?"

"Very astutely observed, Dave."

[Vince Rugari @VinceRugari]

Alexi Lalas has more to say about the Socceroos.

And he wants Tony Popovic to print it out and stick it to the wall of their dressing room.

https://t.co/dpQtFEZRQY

[Mindset for Money @Mindset4Money_X]

Warren Buffett watching Berkshire buy $GOOGL at the same price and time as Cathie Wood: