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...It added: “We don’t have anything to announce right now.”...
...“But that doesn’t mean that they are not committed to it . . . The rhetoric is a lot more cautious.”...
...“There can only be so much divergence before it starts to have a big currency impact,” said Mike Pond, head of global inflation-linked research at Barclays....
...In May, North American markets will shorten their settlement cycles to trade date (“T”) plus one day (“T+1”)....
...of a big correction”....
...This use of technology will make a big difference to what is possible for the settlement system....
...That doesn’t mean they don’t do some anti-competitive things. But the whole idea that we should be targeting Big Tech strikes me as fundamentally wrong-headed....
...After a successful debut, user interest hasn’t translated into a rising share price. But tech platforms like having users on board....
...And for all of the histrionics of Musk, there is not even a hint that other big public companies are set to abscond to Texas, Nevada or any other state....
...As befits an AI proxy, Intuit doesn’t look cheap on 36 times forward earnings. Smaller rival H&R Block trades on a multiple of only 12 times....
...You can’t, as they say, make this stuff up....
...But that story only holds if you believe two things — AI will transform everything (I’m not so sure about that, as per my column), and Big Tech business models won’t be disrupted....
...And its chief executive went further today in comments to the New York Times’s DealBook: “It’s quite clear to us that they don’t understand how consumers shop today and they don’t understand the dynamics...
...These range from traditional TV vicars, such as the Reverends Kate Bottley and Richard Coles, to Instagram clerics such as the Reverend Chris Lee, who is especially big in Korea, where they don’t have an...
...Meanwhile in the US, the legal fight with Epic Games won’t go away....
...I was thinking I can't believe I'm dropping $1,000 on Lego that my son isn't going to play with. Within two weeks I had sold a third of it and made my money back....
...The EU has launched probes into Apple, Alphabet and Meta in the first use of a landmark new law designed to rein in Big Tech’s market power....
...Some big regulatory issues too of course. WhatsApp to WesPete: Ha, no I wouldn’t call myself a futurist. Just a comms guy with an eye on the horizon. Maybe a near term realist....
...The big-tech-and-falling-rates story gave way in recent months to the big-tech-and-AI narrative, and AI is an area where Apple is considered to lag Google and Microsoft....
...The Mag 7 value trade Market pundits often talk about the Magnificent Seven big tech stocks as a homogeneous entity. This is a mistake....
...The Big Dog doesn’t really want to get involved in management, but that won’t stop them from second-guessing and undermining the other co-head when the fancy strikes....
From Peter Calow, Professor, Humphrey School of Public Affairs, University of Minnesota, Minneapolis, MN, US
...But Lex isn’t convinced by the hype around the pipeline of tech IPOs coming stateside....
...FTC tries to prevent ‘accessible luxury’ dominance The US Federal Trade Commission is cracking down on Big Purse....
...“If somebody doesn’t believe Tesla is going to solve autonomy they should not be an investor in the company. And we will and we are.”...
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