Also dual-class SpaceX stock, fake Iranian crypto fees and Global Tetrahedron M&A.

Fund management Why did it take so long for competition to come for Invesco’s $QQQ franchise? (riabiz.com) Ted Seides talks the mechanics of index fund management with Rodney Comegys who is the CIO of Vanguard Capital Management and Head of...

Research Don’t fall for fake diversification schemes. (behaviouralinvestment.com) Bank-run QIS programs are booming. (wsj.com) Competitive advantages are hard to find, let alone maintain. Why it matters for valuation. (morganstanley.com) How...

Well, it’s happened. Long awaited. Apple CEO Tim Cook passes on the baton from founder/CEO Steve Jobs in 2013, to 25 year veteran John Ternus, 50, this September. Long expected. The fifty year old who spent half his life at fifty year old...

Presented by STOCKTWITS CHART ARTThe Stocktwits Summary 📝 Monday 😬: Stocks slipped after Friday’s all-clear party as the Hormuz standoff snapped back into focus and traders realized the ribbon-cutting ceremony was, in fact, canceled. The S&P barely...

CLOSING BELLHappy Monday Monday started the week with a slight decline as the market was holding its breath after hitting all-time highs on Friday following Iran ceasefire news. The S&P 500 ended the day barely clinging to 7,100. As it turns out the...

Notable moments from the consumer end of the AI Tech Stack today. Four takes, plus Gadget AI on the coding-wars counter-example. Four Key MP Takes today: (1) Consumer AI Is as Popular as Congress. Stanford’s 2026 AI Index — US favorability under 30%,...

OVERVIEW What The Kelp Happened 🤦 Here’s What’s Happening 👇️ Another weekend, another bridge exploit, another nine-figure hole in a DeFi lending protocol. The Kelp DAO drain is just the seventeenth major bridge to fall down since 2021. Here’s...

Markets Weed stock came in with a lot of hype, but have been a disaster. (trendlabs.com) New all-time highs are not, in and of themselves, any kind of sell signal. (awealthofcommonsense.com) Finance Why the cashtag (still) matters for consumers of...

Disgorgement, private credit cyclicality, time value of hedge fund managers, pre-tax alpha and an SEC podcast.