AVs Wayve just raised a $1.2 billion funding round. (techcrunch.com) Waymo now operates in 10 cities and is planning further expansion. (axios.com) What’s going on with Tesla’s ($TSLA) robotaxi efforts? (sherwood.news) Why Uber ($UBER) bought...

ETFs Trading costs matter, even for indexed ETFs. (wsj.com) Why you shouldn’t put illiquid assets into an ETF, the case of the ERShares Private-Public Crossover ETF ($XOVR). (morningstar.com) Warner Bros. There’s little argument that...

Viewing How TBPN redefined the technology talk space. (newyorker.com) Netflix ($NFLX) is playing hardball with stand-up comedians. (deadline.com) AI Meb Faber talks with Prof. Aswath Damodran about the AI spending boom. (podcasts.apple.com) Matt Zeigler...

Markets The media has picked up on the degen theme. (trendlabs.com) Once something has been packaged into an ETF, a theme is probably played out. (monevator.com) What does ChatGPT know about recent market moves? (morningstar.com) IPOs Nasdaq ($NDAQ)...

Books David Epstein talks with Bill Gurley, author of “Runnin’ Down a Dream: How to Thrive in a Career You Actually Love.” (davidepstein.substack.com) Five insights from Robert Sampson’s new book, “Marked by Time: How Social Change...

Markets Consumer staples now trade a premium to the Mag 7. (chartkidmatt.com) Emerging market equities have undeperformed U.S. stocks for well over a decade, until now. (stockmarketmedia.com) Financial stocks have given up all their relative...

Podcasts Christine Benz and Ben Johnson talk private markets with Hilary Wiek, principal analyst at PitchBook. (morningstar.com) Jordan Harbinger talks with Derek Coburn author of “Let’s Retire Retirement: How to Enjoy Life to the Fullest — Now...

Markets An indicator that shows we are still in the midst of a bull market. (stockmarketmedia.com) It’s hard to talk about the stock market without talking about Nvidia ($NVDA). (sherwood.news) Strategy Investors love...

Round-ups A round-up of recent academic research including ‘A Macroeconomic Perspective on Stock Market Valuation Ratios.’ (alphainacademia.substack.com) A round-up of recent research on return forecasting including ‘Credit Spread News...

Markets Why investors are focusing on companies that AI can’t disrupt. (downtownjoshbrown.com) Why memecoins failed. (howardlindzon.com) Companies Nvidia ($NVDA) is the biggest company in the world. Most consumers don’t know its...