Abu Dhabi, the Capital of Capital: leading the World’s major Cities by the size of their SWFs.
Source: Najeh Awad, Visual Capitalistwolf
This is Warren Buffett's last full week as the CEO of Berkshire Hathaway
source : wolf
"Macro hedge funds are enjoying their best year since at least 2008…"
Per the @FT thru Mo EL Elrian: "An index from data provider HFR tracking the returns of such funds — which aim to profit from economic trends by trading equities, bonds and commodities — was up 16 per cent at the end of November”
Think you need to go ultra-conservative with your investments at retirement?
Think again! A 65-year-old married couple has a 47% chance that at least one spouse will live to age 90. Your portfolio should be prepared to last several decades into retirement. Source: Peter Mallouk
Wall Street Never Sleeps: Nasdaq Pushes for Almost 24/7 Trading
Forget the 9-to-5 grind. Nasdaq (NDAQ) is formally proposing an ALMOST 24/7 trading day for U.S. stocks and ETFs. We're talking 23 hours of non-stop action, split into a day and night session, kicking off as early as 4 a.m. ET! 🚀 What's Driving This Insane Shift? Global Demand: The world doesn't sleep, so why should the market? International investors are tired of waiting. The Robinhood Effect: Competition from platforms like HOOD is forcing established exchanges to adapt or die. The Race is On: NYSE is also prepping for 22-hour trading. This is the new financial arms race. The Trade-Off (The Controversial Part) 👇 While the 'always-on' market sounds like a trader's dream, the critics are sounding the alarm: 💧 Diluted Liquidity: Will those late-night hours be a ghost town, making trades painful? 🎢 Volatility Spike: Prepare for some serious overnight whiplash. 💀 Operational Nightmare: How will banks, brokers, and listed companies actually staff 23-hour coverage? (RIP work-life balance for the finance sector). Launching in late 2026 (pending SEC approval). Get ready, your trading strategy is about to need a caffeine IV. Source: Wall Street Pit
The 'AI Revolution' is still only 2 1/2 years old (if you date it to the release of ChatGTP)
We have experienced swings on which models are gaining the most attention as Goldman's Jim Schneider illustrates the chart below... Source: zerohedge
🚨 CODE RED at OpenAI! Sam Altman sounds the alarm! 🚨
The AI race just got a lot hotter, and the early leader is feeling the heat. 🔥 OpenAI CEO Sam Altman has declared a "code red" to completely refocus the company's efforts on its flagship product, ChatGPT. Here's the critical breakdown you need to know: The Threat: Rivals like Google (Gemini 3) and Anthropic (Opus 4.5) have recently leapfrogged OpenAI's GPT-5 on key industry benchmark tests. The lead is shrinking FAST. The Fix: A "surge" effort is underway to significantly improve speed, reliability, and personalization of ChatGPT. The Sacrifice: OpenAI is delaying other ambitious projects—like AI agents for shopping/health, advertising products, and personalized news (Pulse)—to dedicate resources to the core chatbot. The Stakes: This is a "critical time" for the $500bn start-up, grappling with intense competition, soaring data center costs, and the non-stop battle for top AI talent. Stats That Matter: ChatGPT still has a dominant market share with over 800 million weekly users. BUT, users are now spending more time chatting with Google's Gemini than with ChatGPT (per Similarweb data). ChatGPT already accounts for roughly 10% of global search activity and is growing quickly. The Bottom Line: The AI frontier is moving at warp speed. As Google integrates its powerful, bespoke-chip-trained Gemini 3 models immediately, OpenAI is forced to pause future innovations to defend its core product. The fight for the AI crown is officially on! Who do you think wins this high-stakes race? 👇 Source: FT
'How to spot a bubble bursting. Forget valuations. Look out for search-engine hits and fund managers getting fired.'
'Surges in Googling do a much better job than valuations at forecasting an imminent fall as the chart’s third column shows. In each case the price of the stock, basket, fund or cryptocurrency dropped considerably over the 12 months following the peak in internet searches.' 'Naturally, such observations do not constitute a rigorous study. There will have been many instances of internet traffic concerning popular investments spiking with no subsequent fall in prices. In fact, searches for 'AI stocks' hit their zenith in mid-August and their prices continued to rise serenely for weeks.' https://lnkd.in/epm6nUdP Source: MastersInvest.com, The Economist
