Thursday links: the need for regulation
Tadas Viskanta
Abnormal Returns
19 hours ago
2 MIN READ
Prediction markets
- Kalshi is going to allow bets on drug trials. (theguardian.com)
- Kalshi is rolling out more features for institutional traders. (semafor.com)
- Trump’s teleprompter operator reportedly has been betting on Kalshi on speech outcomes. (abcnews.com)
Finance
- The Bloomberg Terminal is the still the market leader. (ft.com)
- Truth Social is now selling access to its API. (axios.com)
Pharma
- Novo Nordisk ($NVO) is besting Eli Lilly ($LLY) in weight loss pills. (wsj.com)
- Eli Lilly ($LLY) is buying AtaiBeckley which is developing psychedelics for mental health treatment. (cnbc.com)
- Merck’s ($MRK) cholesterol pill, Lipfendra, is a blockbuster in waiting. (biopharmadive.com)
AI
- Everybody is converging on the need to regulate AI. (axios.com)
- Are AI executives uniquely at-risk of violence? (wsj.com)
- The Apple-OpenAI suit is going to involve a lot of e-mails. (spyglass.org)
Stay in touch
- Work in wealth management? Sign up for our advisor-exclusive Talking Wealth newsletter. (talkingwealthpod.com)
- Don’t miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)
Video
- Amazon ($AMZN) Prime is leaning into shows based on young-adult fiction. (wsj.com)
- Why Netflix ($NFLX) movies and shows look like slop. (freddiedeboer.substack.com)
- Versant ($VSNT) is remaking ‘Fandango at Home.’ (hollywoodreporter.com)
Oil
- Global stocks of oil have been effectively drawn down. (ft.com)
- Diesel prices are again over $5 a gallon. (nytimes.com)
Economy
- Retail sales are strong. (bonddad.blogspot.com)
- The Fed’s balance sheet won’t shrink rapidly. (economist.com)
Earlier on Abnormal Returns
- Longform links: detecting AI errors. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: the best upgrade. (abnormalreturns.com)
Mixed media
- Jason Zweig’s summer reading list including: Robin Wigglesworth’s “A Fabulous Debt: The Epic Story of How Bonds Built the Modern World.” (wsj.com)
- Summer reading from Behavioral Scientist including: “The Science of Second Chances: A Revolution in Criminal Justice” by Jennifer Doleac. (behavioralscientist.org)
- A positive review for Liaquat Ahamed’s “1873: The Rothschilds, the First Great Depression, and the Making of the Modern World.” (gregmankiw.blogspot.com)
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