Reading up on markets
4 deep · digging since jan 23
- Stocks Rebound After Volatile Week as Dow Hits Record High - The New York Times
The Dow Jones Industrial Average closed above 50,000 points for the first time amid a rebound driven by gains in traditional industrial and financial stocks.
- Bitcoin Drops to Lowest Price Since Trump Was Elected as Crypto Faces Slump - The New York Times
Bitcoin’s price fell below its level at Trump’s 2024 election, stoking fears of a prolonged crypto winter.
- State of Markets - by David George - a16z
a16z’s inaugural State of Markets deck finds that AI adoption drives a power-law market where top tech winners capture most revenue growth and multiples.