Hope you all had a great monday. And are geared up for one busy week for all things AI. It starts with old agreements redrawn and re-litigated. And a busy kickoff to Mag 7 earnings reports (Google, Meta, Microsoft & Amazon on Wednesday, Apple...

The pattern running through today’s items: “Re-drawn and Re-litigated AI deals.” Microsoft and OpenAI re-drew their landmark 2019 deal. Elon is re-litigating his exit from OpenAI in court ahead of two mega-IPO docket dates. And the Mag 7 Q1 prints this...

Finance Investors are swapping their private BDCs for public BDCs. (wsj.com) The private equity industry has changed a lot over the years. (investmentecosystem.com) Amazon-backed X-Energy ($XE) is now public. (pitchbook.com) Layoffs Big Tech is using...

As a reminder, MarketSurge (by Investor’s Business Daily) is a sponsor of the weekly show. All the charts you have been seeing in the videos and will continue to see are from MarketSurge. They are offering my readers 2 months for $59.95 – save...

Podcasts Ben Johnson talks with Michael Gates, Blackrock’s head of model portfolio solutions for the Americas. (morningstar.com) Josh Brown talks with Louis Diamond, CEO of Diamond Consultants, to break down the surge in advisor movement....

It was an inevitable move this AI Tech Wave. Just like the Sam Altman inspired quest for the first, one-person billion dollar firm. The first billion dollar plus AUM, AI only hedge fund. Quant trading has already created multi-billion dollar Wall...

Here’s a preview of what we’ll cover this week:  Macro: Regional Banks Second A Resilient Consumer; Businesses Are Borrowing Again Markets: Thematics Are Back; Burry is betting on Microsoft; Make A Safe Bet; China’s Berkshire; Owner Of QQQ; The...

Markets The stock market serves to confuse you. (awealthofcommonsense.com) There are plenty of reasons why a stock can stumble. (humbledollar.com) Sam Ro, “At the end of the day, publicly traded companies aren’t out here to sell a product. They’re...

Good morning everyone… I have a few VIP passes for the May 4 Cashtag Awards (see above) for my readers here, so hit me up if you want to attend. Before I get started on the markets, AI and the grift… I love this chart from the A16z newsletter titled...

Stay in touch Are you a financial advisor? Every Friday we send a (free) advisor-focused newsletter. (newsletter.abnormalreturns.com) Don’t miss a thing! Sign up for our daily e-mail newsletter. (newsletter.abnormalreturns.com) Top clicks this week...