Prediction markets
- Kalshi is launching the American (political) Power Index. (axios.com)
- Kalshi and Coinbase ($COIN) are now offering perpetual futures. (cnbc.com)
- On the state of insider trading on prediction markets. (bloomberg.com)
AI
- Anthropic has run past OpenAI, valuation-wise. (pitchbook.com)
- Inference-focused companies are generating revenues and investor interest. (newcomer.co)
- Companies are coming to terms with their spending on tokens. (wsj.com)
Housing
- New Zealand home prices are down some 16% from their peak. (bloomberg.com)
- Housing is a resource like any other for the economy. (buttondown.com)
Economy
- Looking for evidence that AI is taking jobs. (apollo.com)
- Eight measures of U.S. prices. (econbrowser.com)
- The crackdown on immigration is pushing population growth toward 0%. (axios.com)
Earlier on Abnormal Returns
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: moving the algorithm. (abnormalreturns.com)
- Don't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)