Finance
- Investment bank Lincoln International ($LCLN) went public. (pitchbook.com)
- What you need to know about evergreen funds. (caia.org)
ETFs
- What you need to know about the Roundhill Memory ETF ($DRAM). (morningstar.com)
- The big ETF players are not afraid of taking each other on. (pionline.com)
- The vast majority of ETF flows are in cheap passive funds, but high fee active funds are surging. (morningstar.com)
SpaceX
- The SpaceX S-1 has dropped. (axios.com)
- Starlink is the jewel of SpaceX. (om.co)
- The VC returns on the SpaceX IPO would be unprecedented. (pitchbook.com)
- Anthropic is paying SpaceX $1.25 billion per month through May 2029. (axios.com)
- SpaceX has a Starship lauch coming up. (npr.org)
AI
- Putting Nvidia's ($NVDA) profits into some sort of perspective. (spyglass.org)
- Anthropic is going to generate an operating profit in Q2?!? (wsj.com)
- Google ($GOOGL) has some inherent advantages in AI. (axios.com)
- Patrick O'Shaughnessy talks with Gavin Baker about the state of AI. (youtube.com)
- An OpenAI IPO filing is imminent. (axios.com)
Sports
- Private equity involvement in youth sports has made things worse. (theatlantic.com)
- The online gambling industry is restructuring itself. (frontofficesports.com)
- The Enhanced Games are all about selling supplements and peptides. (sherwood.news)
Russia
- The Kremlin is now flooding BlueSky with propaganda. (nytimes.com)
- Jude Law does a good job portraying Putin in 'The Wizard of the Kremlin.' (theatlantic.com)
- The challenges of rebuilding Ukraine. (klementoninvesting.substack.com)
Economy
- Walmart ($WMT) warned about the stresses on lower income consumers. (sherwood.news)
- Americans are starting new businesses, but are not hiring many employees. (bloomberg.com)
- Jobless claims keep ticking lower. (bonddad.blogspot.com)
Earlier on Abnormal Returns
- Longform links: more conscious investors. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- AI models are not a trusted fiduciary. Be careful. (abnormalreturns.com)
- Personal finance links: the caregiving penalty. (abnormalreturns.com)
- Don't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)