Great piece on the economics of AI from Brad DeLong braddelong.substack.com/p/inference-...

AIpocalypse now www.cnbc.com/2026/05/29/-...

Oopsie... techstartups.com/2026/05/28/c...

SpaceX’s newly released prospectus highlights the company’s efforts to promote the stock while also revealing concerns about the realism of some of its long-term claims. #$SPCX marketwise.com/investing/sp...

Cerebras is set to rise more than 100% of its IPO offering price. Here's a look at the numbers behind that kind of performance. #$CBRS marketwise.com/investing/ce...

Approaching 50x my generous estimate of 2026 sales. Everything is fine...

Crypto-collateralized mortgages cost way more than conventional mortgages. The #crypto industry wants you to believe they're the wave of the future. Like the rest of crypto, they're just products for people who can't think clearly.

SpaceX CEO Elon Musk may have something even bigger up his sleeve than a SpaceX IPO – a potential merger with Tesla. #SPACEX #$TSLA marketwise.com/investing/is...

"These pre-IPO derivatives represent the latest retail frontier of that shift: the same permissionless architecture that once powered memecoin speculation is being used to ride the likes of Anthropic in real time." #crypto finance.yahoo.com/news/ais-hot...

Millions of Americans may be forced to own Elon Musk’s SpaceX stock soon after it goes public, due to recent changes in how the Nasdaq includes stocks in its Nasdaq 100 index. Sounds outrageous, doesn’t it? It gets even worse when you dig into the details, though. #SPACEX

"A survey...of 3750 executives and employees finds that, even though 81% of executives think their AI tools have 'significantly improved productivity,' their workers are actually wasting eight hours per week cleaning up AI-slop...51 work days a year." www.nakedcapitalism.com/2026/04/russ...

This new #crypto product will help almost no one, because few people own enough crypto to make a home down payment anyway. It’s yet another example of crypto “solutions” that are in search of problems. Thank you, @profhilaryallen.bsky.social marketwise.com/investing/cr...

EchoStar acquired the right to $11 billion in SpaceX stock at $212 per share. But the price of SpaceX has soared in recent months with new valuation rounds. #$SATS #SPACEX marketwise.com/investing/ec...

Millions of Americans may be forced to own Elon Musk’s SpaceX stock soon after it goes public, due to recent changes in how the Nasdaq includes stocks in its Nasdaq 100 index. Sounds outrageous, doesn’t it? It gets even worse when you dig into the details, though. #SPACEX

Face-ripping IPO incoming.... #SPACEX

Here's what Meta's near-$1 billion compensation is really about. #$META marketwise.com/investing/me...

marketwise.com/investing/sp... #SpaceX

This gem on a SpaceX IPO: "A PitchBook analyst called that valuation justifiable, while noting that it would mean a price-to-sales ratio of about 110 times on a trailing basis." TL;DR: 110 P/S ratio

''Sir, an AI's writing is like a dog's walking on his hinder legs. It's not done well; but you are surprised to find it done at all.''

Fun times looking at how Elon Musk has cleverly moved up the pre-IPO price of SpaceX to $1.25 trillion (on the way to $1.5 trillion). marketwise.com/investing/sp...

Oh.

Crypto-skeptical? AI-skeptical? Here's a great read to understand the scams behind Silicon Valley's push for #cryptocurrency and #AI fintechdystopia.com

Crypto is setting up the dominoes for the next collapse... #crypto www.thestreet.com/crypto/polic...

And the American thrift investor who reads www.thezenofthriftconversions.com wins more often.

The American thrift investor wins again. $TCBC to be acquired. finance.yahoo.com/news/colony-...

“.. by the time this deal closes .., the company will have spent an entire decade shuffling ownership from one entity to the next, .. all while the stock price and cash flow have steadily declined .. with layoffs .. never ending but executive pay rising.” www.hollywoodreporter.com/business/bus...

Ready to have your $AAPL, $TSLA and $NVDA shares hacked and stolen? www.wsj.com/finance/curr...?

From January, still germane. “I’ve been doing this for 49 years, and we’re probably going from the most anti-business administration to the opposite,” Druckenmiller said on CNBC Monday.

The #crypto grift continues... Worthless assets that are propped up only by speculation.

The best read to understand stablecoins and how the proposed GENIUS Act all but guarantees a bailout for them when (not if) one blows up. #crytpo #cryptofraud

"Cutting government personnel by one-fourth would reduce federal spending by about 1 percent" www.washingtonpost.com/dc-md-va/202...

Here's the rest of the story: "The Federal Reserve decided to delay additional rate cuts for now and keep interest rates unchanged at its first meeting of the year..."