There are now 498 AI unicorns, private AI companies with valuations >$1 billion, totaling $2.7 trillion, according to CB Insights. 100 of them were founded since 2023. AI is creating new billionaires at a record pace https://t.co/b6BEQ8vOCG
@bravosresearch Agree with all your analysis of what happened historically. I, respectively, wonder what index is actually shown in the first chart of the S&P 500, which was introduced only in 1957.
I see a presidential betting market #arbitrage. Buy Harris-wins at Polymarket for 41¢ and buy Trump-wins at Predictit for 51¢, spending a total of only 92¢. Win a $1 when the results are announced.
Most memorable stat absorbed from this morning’s reading, “43% of S&P 500 market cap now under FTC/DoJ antitrust investigation.” Courtesy of BoA’s Michael Harnett
It feels like the inverted 2y-10y Treasury yield spread is breaking out of its range over the last year. Typically after inversion, a recession’s start coincides with this spread going positive, only 14 bps away. #yieldcurve#coincidentindicators
Using the elevator as the vehicle, Stephen Smith explains what is wrong with US & local regulation of construction #regulation#overregulation#immigrationpolicy https://t.co/Sgw7z1CI63
Since we are entering the direct elimination phase of the Euros today, if it comes to PKs, look for the team that takes the least time getting itself organized. #PenaltyKicks#Soccer#Futbol#Calcio
Each of the 5 penalty shootouts in the 2022 World Cup was won by teams whose managers spent the shortest time communicating their tactical/logistical instructions after extra time.
To be brief under pressure could indicate that important decisions were made in advance.
3/8
Since I’m not in the industry, I just learned about a big change in the labor economy. “Postings on jobs website Indeed for software-development roles, a proxy for computer science, have dropped 30% from prepandemic levels,” according to @wsj. https://t.co/sgjlg2pfv2