Republicans surge past Democrats in Senate midterm odds projected to remain in power.
Source: Polymarket
World's Largest Data Centers ▶️
Source: Mack
World Cup in one chart
Source: Zerohedge, BofA
This is such an important chart.
Where the cost of labor is cheaper, it doesn't make much sense yet to use AI. AI can probably augment some of the work, but replacing the human is just not cost effective. But this will probably not be the case forever. The simpler tasks will become cost effective from an AI perspective at some point, as AI models become more efficient. Source: Ayesha Tariq, CFA
Goldman: On the back of 3 large data center and hyperscaler transactions over the past week+ April IG supply finished at $205 bn, nearly doubling the informal street estimate (~$110bn).
This took IG supply over the past 12mo to new highs at ~$2trn (~20% of outstanding IG bonds), pari with peak Covid. Source: Neil Sethi
Bet on the President, the Fed, or CPI, skip the analysis, guesswork, and bias.
Eric Balchunas explained on X why prediction market ETFs may end up being far more popular—and legitimate—than most people expect. For every major macro event (elections, Fed decisions, inflation data), investors are flooded with expert opinions on which assets will rise or fall. Yet, time and again, the opposite happens. Prediction markets flip the approach. Instead of guessing how markets will react, you simply bet on the outcome itself—yes or no. It strips away interpretation, narrative, and bias. “But why use a prediction market ETF instead of going direct?” People asked the same question about crypto. The reality: most investors prefer ETFs. They’re regulated, low-cost, familiar, and fit seamlessly into brokerage accounts. That’s why this category has real potential—even if it comes with a bit of noise along the way. Source: Eric Balchunas on X Bloomberg Intelligence
GAMESTOP CEO COHEN SAYS OFFERING TO BUY EBAY FOR $56B: WSJ
Cohen offering $56B for $EBAY, or a 20% premium to the closing price on Friday. He already has a 5% stake Offer is $125 / share in cash and stock. He has a letter from TD Bank to provide $20B in debt financing. According to Cohen: “There is nobody who is more qualified, based on my experience, to run the eBay business," "It could be a legit competitor to Amazon," Source: Negligible Capital
World's Most Cash Rich Companies
Source: The Market Mind
