Reading up on finance

Regulators have subpoenaed major Wall Street banks for details on the trading activities of the AI hedge fund Situational Awareness amid concerns of its near collapse.

The author recounts how his inexperienced team discovered a profitable CEX-DEX arbitrage edge and iteratively optimized it before competition eroded returns.

Lovable raised $400 million in a Series C round, underscoring investor confidence in its business model and future prospects for expansion.

Wall Street is overlooking the growing debt burdens of major technology companies.

The rise in Treasury yields partly reflects investor expectations that AI-driven economic growth will keep interest rates elevated, analysts say.

U.S. national debt surpasses $40 trillion due to war spending, tax cuts, and tariff refunds, undermining promises of fiscal restraint.

Wall Street traders sensed trouble in Leopold Aschenbrenner’s Situational Awareness hedge fund after it sought to sell its Anthropic stake amid margin calls and falling AI stocks.

Six major investment firms are seeking $500 billion in funding to finance AI computing infrastructure for Nvidia customers amid the ongoing artificial intelligence boom.

Finance teams must rebuild their functions around AI-native workflows to automate routine tasks, enable real-time insights, and shift focus from data processing to strategic decision-making.

Google Finance and Apple's Stocks app have added new features to improve tracking of markets and investments.

SpaceX reported a nearly sevenfold increase in capital expenditures and rising revenue in its first post‑IPO financial results, highlighting its AI investment surge.

The article invites readers to answer six brief questions forecasting the US economy in 2031 to compare their own predictions.

Indiana University undergraduates manage a $12 million real-estate fund that sold its first investment nationwide for a 65% gross profit.

The piece argues that frontier AI labs' overconfidence leads to reckless bets and misguided claims, exemplified by a collapsed hedge fund and AI models breaching security.

Situational Awareness, a high‑flying AI hedge fund founded by a 24‑year‑old, has been rescued by rival Citadel, whose founder Kenneth Griffin facilitated the bailout.

South Korea’s KOSPI index has experienced wild swings driven by investor enthusiasm and anxiety over the global AI boom in recent months.

Citadel purchased Situational Awareness’s leveraged stock portfolio after AI‑related losses forced the hedge fund to sell holdings to meet margin calls.

X Money launches in the US for Premium and Premium+ subscribers, offering fee‑free P2P payments, a Visa debit card, Apple Wallet integration, and up to 6% APY.

Selecting a real estate agent who has recent local experience and asking probing questions leads to a better home sale outcome.

Google raised its artificial-intelligence investment projections for the coming year, underscoring its aggressive spending strategy while Wall Street analysts question the eventual financial payoff.

Growing investments in artificial intelligence and related companies are significantly lifting stock market valuations while simultaneously stimulating broader economic spending across the economy.

The House passed a bipartisan bill that would ban members of Congress from trading individual stocks, though Democrats withdrew support after Republicans added a voter ID provision.

The piece details the fierce rivalry between Polymarket CEO Shayne Coplan and Kalshi CEO Tarek Mansour as they compete to dominate the prediction‑market industry.

The World Cup final drove prediction‑market activity on Kalshi and Polymarket to record levels, generating billions in bets and possibly the largest gambling event ever.

Wealthy fans bypass crowds by flying private helicopters to World Cup games, underscoring growing inequality as elite travel overwhelms public access.

MarketWatch identifies 14 value stocks from the Russell 1000 Value Index with high revenue growth estimates through 2028, noting value stocks tend to outperform growth during high inflation.

A cryptocurrency analytics report found nearly a million investors lost $3.8 billion on the Trump memecoin, with retail investors bearing most losses while savvy traders profited.

President Trump and his family gained massive financial profits from a memecoin while many investors suffered significant losses.

Thinking Machines Lab fine-tuned a custom model on expert-labeled financial data to outperform frontier LLMs on information-filtering tasks at lower cost.

S&P 500 rejects rule changes that would have fast-tracked SpaceX, OpenAI, and Anthropic into the index, maintaining standard eligibility criteria like profitability and a one-year seasoning period.

AI boom has fueled a retail investing frenzy in South Korea, Taiwan, and Japan, with individuals pouring life savings into volatile stocks.

Secretive Wall Street trading giant Jane Street is aggressively expanding into AI and hiring over 500 employees this year.

Elon Musk's net worth exceeded $1 trillion after SpaceX shares surged 20% on their first day of trading, making him the first trillionaire.

Wall Street banks are offering their wealthiest clients exclusive access to SpaceX's public listing to deepen relationships in the wealth management business.

xAI's GPU rental deals with Anthropic and Google transform it into a datacenter REIT-like business, driven by financial engineering, compute shortages, and infrastructure advantages.

Leopold Aschenbrenner's AI-focused hedge fund, Situational Awareness, grew from hundreds of millions to over $20 billion in assets, drawing an investment from quant-trading firm Jane Street.

A former chemicals plant worker ran a $170 million cattle operation that was actually a Ponzi scheme sustained by phantom livestock and fraudulent financial reports.

AI chatbots are threatening high-paying wealth manager roles by automating financial advice and tax preparation tasks.

Wall Street banks, led by Jamie Dimon, are preparing for SpaceX's IPO, projected as the largest ever, with massive fee potential.

Morgan Stanley will let external AI agents pull client stock-plan data directly from ShareWorks and Equity Edge, bypassing human interfaces.

Dell's stock fell on Tuesday, ending an eight-day winning streak, while competitors in the AI server market saw significant gains.

OpenAI and Anthropic are racing to go public first, with significant advantages for the first mover and disadvantages for the second in the AI IPO race.

SpaceX and its bankers are engineering FOMO around its IPO, making investors fear missing out more than the risk of a flop.

Online rent payments have become the majority method for the first time, but still barely edge out mailing checks.

Over a quarter of UBS's family-office clients have reduced or plan to reduce dollar assets, shifting investments towards Western Europe and China due to concerns about the weakening reserve currency.

Goldman Sachs won the highly competitive mandate to lead SpaceX’s initial public offering, expected to be the largest in history.

Ron Baron, an 83-year-old investor, has bet his firm's future on SpaceX and Tesla, counting on SpaceX's upcoming IPO to reverse fund losses.

Robinhood is launching a feature allowing customers to delegate trading and credit-card spending decisions to AI agents like Claude and Cursor via dedicated accounts.

Retail prediction-market traders—'sharps'—have earned millions betting on events like elections and movie scores, often beating institutional forecasts.

Wall Street banks are accelerating job cuts as AI automates trading, analysis, and back-office tasks, with executives framing the shift as opening new frontiers.

Yahoo Finance launches AlphaSpace, a customizable research dashboard with AI assistant, aiming to bring Bloomberg Terminal-style tools to its 150 million retail investors.

Berkshire Hathaway disclosed a $2.6 billion Delta Air Lines stake and increased its Alphabet position, with several stocks rising on the news.

As of March 2026, U.S. debt totals $39 trillion, with domestic investors holding $17.7 trillion and foreign holders $9.3 trillion.

Matt Ankrum's Coffee Can strategy seeks 100-bagger stocks by holding high-quality incumbents, arguing that companies like Toast will adopt AI rather than be disrupted by startups.

Akamai stock reached a 26-year high after Bank of America upgraded it following a $1.8 billion AI deal, signaling it is now an AI play.

European AI-focused stocks surge as the US-driven technology rally broadens to global markets, lifting the region's few prominent AI plays.

The richest 0.1% of U.S. households now control 14.5% of total wealth, up from 8.7% in 1990, driving growth in top wealth management teams.

Most AI systems in trading contests lose money, overtrade, and generate inconsistent decisions even under identical instructions.

Brew Markets offers a 20% discount on YCharts Professional, which provides portfolio tools and research for advisors, as endorsed by Josh Brown.

A viral meme trend exaggerates Jane Street's notoriously difficult interview process, reflecting the firm's record $40 billion trading revenue and high compensation.

Bloomberg is testing ASKB, an AI chatbot for its Terminal, to help traders synthesize vast data via natural language, though it may challenge traditionalists.

The Morning Brew explains the five recurring market indicators it tracks—S&P 500, Nasdaq, Dow Jones, 10-year Treasury note, and Bitcoin—plus how stocks, oil, and gold work and why they matter.

Larry Ellison's $212.9 billion net worth is almost entirely in Oracle stock, which he pledges as collateral for personal loans to fund assets like superyachts and a Hawaiian island.

Wall Street banks are cutting jobs in trading and back-office roles as AI automates tasks, while executives tout AI's potential for new opportunities.

The Treasury Secretary and Federal Reserve chair convened an unusual meeting to warn bank executives about cyberthreats from Anthropic's new powerful AI technology.

The sudden ubiquity of the word 'tranche' stems from its use in reporting on a released batch of documents, reviving a 16th-century financial term.

Stripe's $159B valuation comes from $1.9 trillion in processed volume (34% YoY growth) and a $1B Revenue suite run rate, powering 90% of the Dow and 80% of the Nasdaq 100.

AI disruption threatens to compress software revenue, putting at risk the $475 billion in BDC loans and highly-leveraged data-center debt built on that revenue's durability.

Epstein's financial records show he invested in multiple Silicon Valley startups, using tech industry connections for deal access.

GPUs are being financialized as a new asset class through debt securitization, derivatives, and tokenization, despite rapid obsolescence threatening traditional financial infrastructure.

Professional traders on Polymarket, known as "sharps," are making millions by betting on prediction markets.

Prediction markets like Polymarket incentivize manipulation and gambling on news events, risking public trust by merging information with financial speculation.

Michael Saylor leveraged an ordinary software company to bet heavily on Bitcoin, a strategy that succeeded for years but is now faltering.

F.C. Barcelona’s 2.5 billion euro debt from mismanagement and overambition threatens its financial stability, requiring urgent restructuring to stay competitive.

The shrinking number of U.S. public companies creates a two-tier market where the wealthy access private shares of high-growth firms while most investors are left with older, slower-growing stocks.

Robinhood and Susquehanna are launching a new futures and derivatives exchange to expand prediction contracts offerings tied to sports, elections, and other events.