New
Thursday Links: American Sadness
ETFs
- The Roundhill Memory ETF ($DRAM) has quickly garnered more than $1 billion in AUM. (wsj.com)
- Eric Balchunas and Joel Weber talk with Bloomberg Intelligence semiconductor analyst Jake Silverman about the growth in $DRAM. (bloomberg.com)
Prediction markets
- Kalshi penalized three US congressional candidates for wagering on own campaigns. (cnbc.com)
- Research shows traders systematically overbid YES markets. (papers.ssrn.com)
AI
- Ten things that matter in AI right now including 'weaponized deepfakes.' (technologyreview.com)
- How AI use tamps down on brain activity. (paulkedrosky.com)
- Can AI spot counterfeited art? (smithsonianmag.com)
Companies
- Anthropic is booming, but issues are popping up. (axios.com)
- Power suppliers like GE Vernova ($GEV) are seeing big jumps in backlogs. (sherwood.news)
- Google ($GOOGL) has been quiet on the AI front of late. (semafor.com)
- Software stocks are all trading together. (sherwood.news)
CEOs
- Companies are turning to older CEOs. (fa-mag.com)
- Why CEOs are getting older over time. (papers.ssrn.com)
Sports
- Churchill Downs ($CDN) has purchased the rights to the Preakness Stakes. (awfulannouncing.com)
- It's tough to find good vibes about the upcoming World Cup. (newyorker.com)
- Canada's Rogers Communications ($RCI) is a veritable pro sports index fund. (sportico.com)
Books
- A review of "Streetwise: Getting to and Through Goldman Sachs" by Lloyd Blankfein. (rpc.cfainstitute.org)
- Five insights from Tyler Goodspeed's new book, "Recession: The Real Reasons Economies Shrink and What to Do About It." (nextbigideaclub.com)
Economy
- The world has a diesel problem. (nytimes.com)
- Why Hawaii and Alaska feel the pain of higher energy prices. (wsj.com)
- Food, housing and health insurance have all hit consumers under Trump. (newsletter.mikekonczal.com)
Earlier on Abnormal Returns
- Longform links: gold's hold. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: why survival matters. (abnormalreturns.com)
- Don't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)
Mixed media
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