My back-to-work morning prepare WFH reads:
• Ken Griffin on Trump, Harvard and Why Novice Traders Received’t Beat the Professionals: The founding father of $66 billion hedge fund Citadel is making waves in Miami, the nucleus of the brand new “Wall Avenue South.” (Businessweek)
• Huge Tech joins the navy, with Meta, Palantir and OpenAI in entrance: Silicon Valley corporations are abandoning security insurance policies to win Pentagon contracts, turning on a regular basis AI into weapons techniques. (Quartz)
• Apple Will Have to Depart Its M&A Consolation Zone to Achieve AI: Apple might want to make the most important acquisition in its historical past to place an finish to its synthetic intelligence debacle. Additionally: Meta rolls out new Oakley sensible glasses; Honor prepares a brand new ultrathin foldable cellphone; and Apple’s annual back-to-school deal will get underway. (Bloomberg)
• The Tesla Mind Drain: The way forward for the struggling automotive firm rests on Elon Musk greater than ever earlier than. (The Atlantic)
• How Weight-Loss Medicine Blew Out the U.S. Commerce Deficit: Shipments have propelled Eire, a rustic of 5.4 million, to the second-largest goods-trade imbalance with the U.S., behind China. (Wall Avenue Journal)
• Numlock Sunday: Chris Dalla Riva introduces Uncharted Territory: An information-driven historical past of widespread music. It covers from 1958 to the start of 2025. So fairly shut until at this time, or as shut as we will get until at this time, and nonetheless adhere to a publishing schedule. The concept is that I spent a few years listening to each Billboard Scorching 100 primary hit. That chart began in 1958 and nonetheless exists at this time, and alongside the way in which, with tons of details about every tune to inform a novel historical past of widespread music. (Numlock Information)
• Iranian regime collapse could be severe blow for Russia: Whereas some in Moscow have tried to place constructive spin on Israel’s assault, Kremlin dangers dropping key strategic accomplice. (The Guardian)
• Scientists Stumble Upon Method to Scale back Cow Dung Methane Emissions: New Zealand farms are piloting a low-cost resolution to scale back local weather air pollution from cattle. (Bloomberg)
• Right here’s How Authorities Spending Has Grown—and The place the Cash Is Going: Social Safety stays one of many largest federal spending classes, whereas internet curiosity on the nationwide debt is the fastest-growing main expense (Wall Avenue Journal)
• The New Previous Sound of Grownup Nervousness: Haim has made a intelligent breakup album for a era that’s cautious of tying the knot. (The Atlantic)
Remember to take a look at our Masters in Enterprise interview this weekend with Steve Laipply, International Co-Head of Bond ETFs at BlackRock. Beforehand, he was Head of U.S. iShares Mounted Revenue Technique and a member of BlackRock’s Systematic Mounted Revenue Product Technique Staff.
For the primary time, social media overtakes TV as Individuals’ high information supply
Supply: Nieman Lab
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