Tesla’s share price has always moved like a sports car in ludicrous mode—except the road is iced, the driver is tweeting, and half the planet is riding shotgun. This week, as the stock ricocheted another 12 % on “delivery optimism” (read: a leaked e-mail and a photo of Elon high-fiving workers in Shanghai), the reverberations…
A micro-cap company from Plano, Texas, just reminded the planet that the twenty-first-century gold rush isn’t in the Yukon—it’s in whatever widget happens to rhyme with “artificial intelligence” this week. Rezolve AI (ticker: RGTI, formerly the less glamorous “Armada Acquisition Corp.”) has become the latest contestant in the global sweepstakes where venture capitalists, pension funds,…
The Winklevoss Twins: Bitcoin’s Poster Boys for the Global Age of Digital Delusion In an era where the line between visionary and opportunist blurs faster than a Tokyo salaryman after his fifth shochu, Cameron and Tyler Winklevoss have managed to transform themselves from Harvard’s most famous aggrieved parties into the poster children of cryptocurrency’s promise—and…
Quantum Roulette: Why the Whole Planet Is Watching a Maryland Startup’s Stock Ticker From Davos to Delhi, the IonQ wager is the latest proof that humanity will happily mortgage tomorrow for a 3% pop today. GENEVA—While the Doomsday Clock inched to 89 seconds from midnight, delegates at this week’s UN “AI for Good” summit were…
Brown Boxes, Red Ink, and Brownian Motion: UPS Stock as the World’s Dark Crystal By Our Correspondent Somewhere Between Frankfurt Flughafen and a Manila Suburb News that UPS shares recently slipped 3 % in pre-market trading—after the company trimmed its full-year revenue forecast—should, in any sane century, concern only logistics nerds and the handful of…
Diego Lopes and the Quiet Collapse of Geography by Our Man in Everywhere Somewhere above the Sea of Japan, Diego Lopes is probably snoring—mouth open, noise-canceling headphones askew, drool pooling on a $4 neck pillow that will outlive us all. To the flight-tracking apps, he’s just another purple blip slicing through the jet stream. To…
The Global Mortgage Rate Hunger Games: How Central Bankers Decide Who Sleeps Under a Roof While you were doom-scrolling through real estate listings you’ll never afford, central bankers from Frankfurt to Tokyo were playing their favorite party game: “Let’s See How High We Can Crank Rates Before the Middle Class Implodes.” The results, dear reader,…
GLOBAL REAL ESTATE: THE LAST BOARD GAME WHERE EVERYONE CHEATS BUT STILL LOSES By the time you finish reading this paragraph, a two-bedroom flat in Singapore will have appreciated by roughly the price of a used Toyota. Meanwhile, a crumbling farmhouse in rural Sicily—complete with an olive tree that looks like it lost a bar…
Paramount, Skydance, Warner Bros: The World Watches Three Aging Gladiators Swipe Right on Each Other By Our Correspondent in Whatever Time Zone Still Has a Functioning Streaming App PARIS—Somewhere between the croissant crumbs and the existential dread of another trade-war Tuesday, the entertainment-industrial complex just tried a three-way corporate tango. Paramount Global, Skydance Media, and…
Redmond’s Golden Goose Goes Global: Why the World Quietly Roots for MSFT to Keep Printing Money By Matteo “Machiavelli with Wi-Fi” Delacroix In a small, fluorescent-lit office somewhere in Nairobi, an IT intern named Amina is patching a hospital’s Windows fleet before the next ransomware wave arrives. In São Paulo, a fintech founder who just…
Adobe Stock Price Jumps, Proving Once Again That Creativity Is the World’s Most Tradeable Delusion By Dave’s Locker International Affairs Desk San José, California – In the pantheon of global absurdities—just between climate summits that serve shrimp cocktails flown in from three continents and crypto conferences that burn through a small nation’s worth of electricity—Adobe’s…
RH Stock: A Global Game of Musical Chairs Where the Tune Keeps Changing By Dave’s International Bureau of Schadenfreude If you squint hard enough from the rooftop bar of any five-star hotel in Dubai, you can almost see the gravitational pull that RH—once the quaintly named Restoration Hardware—now exerts on the planet’s moneyed classes. The…
