Good morning. Could the next generation of tech giants fit in a single office? In the coming years, some of the most valuable companies in the world will have “sub-100 employees,” Daniel Nadler, the founder and CEO of OpenEvidence, predicted…
S&P 500 futures ticked down 0.14% this morning before the open; the index was up 1% yesterday. This morning, indexes in Asia and Europe followed suit, mostly going up. Japan’s Nikkei 225 was flat and China’s CSI 300 sank by…
Bridgewater Associates founder Ray Dalio published a dire warning Monday: the conflict between the United States, Israel, and Iran will be a decisive confrontation over the Strait of Hormuz, and the outcome will determine far more than the price of…
Good morning. Good morning. Phil Wahba writing this morning from New York. What’s a company to do when the founder has left—but hasn’t moved on? That’s the plight Lululemon, which reports earnings today after the bell today, finds itself in…
Earlier this month, Andrej Karpathy, a well-known AI researcher who was one of the founding employees of OpenAI and later headed up AI for Tesla, went viral on X. This alone isn’t so unusual. Karpathy—who now works as an independent…
Six of California’s 214 billionaires have been widely reported to have left the state in time to avoid a proposed 5% wealth tax — but that small cohort would have collectively generated $27 billion in tax revenue, roughly a fourth…
The richest person in the world and the most well-known person leading the cause against creating more people like him have many differing views on taxing the ultrawealthy. But now, Elon Musk and Sen. Bernie Sanders, two men on opposite…
Crypto has no shortage of detractors, but even they would concede the industry has produced massive innovations, including Bitcoin and stablecoin payment rails, that have had a profound effect on global commerce. Now, another crypto invention is on the cusp…
Advanced technology isn’t just automating tasks in the white collar world—AI agents and robots are flipping burgers, stocking warehouses, and even doing household chores. Driverless taxis have also entered the mainstream, despite job loss fears from gig workers. But the…
Peter Thiel isn’t just skeptical of The Giving Pledge—he’s been actively working to dismantle it from within, telling signatories to walk away from their commitments and calling the organization an “Epstein-adjacent, fake Boomer club.” In an interview with The New…