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...Microsoft, which has had more legal targets painted on its back than anyone, is the highest-valued corporation in the world....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com Apple the formerly magnificent Only five of the Magnificent 7 tech stocks are performing magnificently in 2024....
...But all anyone in our business could talk about was whether a new journalism model was taking root. Any thoughts welcome: robert.armstrong@ft.com and ethan.wu@ft.com....
...But you can still email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...There’s a lot of talk about what is going on here. Ethan WuYeah, it’s monopolist. Yeah. It’s been sued. Robert Armstrong(Laughter) Yeah. China. No no, no....
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...Brian Arthur’s paper “Increasing Returns and the New World of Business”. Arthur makes a distinction between classic production industries, for steel and the like, and knowledge-based industries....
...It’s a substantive comment, and we’ve included it below. If other CEOs out there (other than John Ridding) have complaints, send them to: robert.armstrong@ft.com and ethan.wu@ft.com....
...And live from the carpet, it’s Robert Armstrong. Robert ArmstrongIt’s true....
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...[MUSIC PLAYING] One of the biggest US debuts in quite a while, it’s generated a lot of attention. And the question really for Reddit is, is it a good business and can it survive in Meta’s world?...
...If your child has a Frozen II Nerf gun they used once and never again, email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...Put another way, in a world where liquidity is everywhere, changes in the money supply don’t signal much about the availability of credit....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. How much inflation is priced in?...
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. Is Uber’s buyback a good idea? Yesterday Uber announced a $7bn buyback authorisation as part of a larger investor update....
...I mean maybe that exists in all industries, but I think because the fashion industry is kind of more interesting, like . . . Robert Armstrong Let me introduce you to some bankers some time, Jo....
...Anyway, it will be fun to watch, and I’m curious to hear your thoughts: robert.armstrong@ft.com....
...Email us about anything else: robert.armstrong@ft.com and ethan.wu@ft.com. NYCB gets worse It is a sign of our times that a pretty big US bank is in deep crisis and nobody much cares....
...The industry looks to be firming up. That Uber is profitable in cash terms is a big deal. That does not, however, resolve the question of whether it is just a big taxi company. Yes, it generates cash....
...MA has been the industry’s growth area....
...But it really is quite an eye-opener into how a big hedge fund can get big ideas about itself, and it can look extremely strange to the outside world. Robert Armstrong I’m gonna recommend two books....
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...At this rate, we’ll have to revise our “it’s not a bubble” view to “well, it wasn’t a bubble until you all went nuts”. Email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. The Lex column has a new editor, Unhedged’s pal Helen Thomas. This is big news; the job is only given to transcendent geniuses....
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