NTLA Floods Market with 6M New Shares, Cash‑burn Evident
$NTLA looks like they ran the ATM for nearly 6M new shares since last quarterly earnings? As I expected. Absolute cash furnace. Their runway guidance was always mathematically implausible without raising like this.
Brazil's Trade Surplus Ignored, Real Remains Undervalued
No other EM has transformed itself in the past decade quite like Brazil, which has shifted its trade balance into a structural surplus. This shift has gotten no recognition in markets whatsoever. The Real remains deeply discounted compared to pre-COVID... https://t.co/1DJ37H8dXi...
Warner Board Claims Value Delivery Amid Sale Process
The WBD board is "delivering significant value to WBD shareholders throughout the [sales] process" -- Warner CEO David Zaslav
Revolut IPO Sparks Unprecedented Fintech VC Liquidity
We are going to see previously unheard of liquidity in fintech VC following the @Revolut IPO. "The firm is targeting a valuation of at least $150 billion through any listing." https://t.co/mos6kPJDYO
Automate Your Passion: Run Business Without You
Build what you love, but create systems and automations so your business actually runs without you being chained to it.
AI Forces VCs to Rethink Sourcing: People Remain Moat
Venture capital is not immune to AI disruption. So we asked ourselves the hard question: If we were starting Harlem Capital today, what would we do differently? We spent three days in a house rebuilding our sourcing strategy from scratch. We walked away...
Dollar Hits Post‑Election Low, Signals Ongoing Debasement
The Dollar yesterday made a new post-election low against EM (black line). Except for the tariff turmoil in Apr. '25, USD has been falling in a straight line against EM currencies. This is the best leading indicator for Dollar direction....
Choosing the Right Leader Drives ROI and Trust
Discover how selecting the right project leader can boost ROI and build trust within your organization with 𝐑𝐚𝐲 𝐇𝐚𝐫𝐤𝐢𝐧𝐬. Stream now: 🔗 https://t.co/xZpXrFRDa1 📽️ https://t.co/IcAVWuUjlI 🔗 https://t.co/DmYp21NDA3 #Manufacturing #LeadershipDevelopment #ROI https://t.co/HrT69nqwVy
Perplexity Computer Orchestrates 19 AI Models for Automated
Only for Max subscribers now, but should expand to Pro in the coming weeks -> Perplexity launches Perplexity Computer, “a general-purpose digital worker” that can route work across 19 AI models, available initially for Max subscribers "There are two aspects...
Turkey's January Trade Deficit Hits Near‑worst, Lira Tumbles
Turkey's trade deficit for January - out today - shows further deterioration. Chart below shows the trade deficit every January from 2000 - 2026. The 2026 number is the worst deficit except for 3 prior years (2018, 2022, 2023). This...
Google Ads API 23.1 Released with New Features
Google Ads API version 23.1 is now available - here is what is new https://t.co/vyucJ6uuPs https://t.co/E8TkQkSGQu
Brazil Real Rebounds to 4.50 as Dollar Weakens
After Russia's invasion of Ukraine in 2022, Brazil's Real went from $/BRL 6.00 to 4.50 in a few months as rising commodity prices lifted the terms of trade. Now the Real is gaining along with most other EMs as Dollar...
AI Hype Threatens SEO; “Google Dead” Myth Dangerous
This is what I have been saying. 😤 So many companies are playing with fire with AI automation stuff right now. The narrative that “Google/SEO is dead” is not only misleading, it’s dangerous. And we are already starting to see the fallout....
Higher Jobless Claims and Fed Speech Dominate Thursday
Economic Calendar for Thurs. Feb 26th 8:30am - Initial jobless claims: Expected 216k; Prior 206k - Continuing Jobless Claims: Expected 1.86M; Prior 1.869M 10:00 - Fed’s Bowman speaks 1:00pm - 7 Year Note Auction: Prior 4.018%
Yen Rebounds While RMB Gains Accelerate in FX Consolidation
Within the continued consolidation of the FX market, there are two standouts: 1) After being the only G10 currency that fell yesterday, the yen is the only one higher today. 2) the RMB's gains have accelerated. https://t.co/AiTduO3fl9 https://t.co/BxiHf6en8T
US Estate Tax Hits Singapore Residents'
You own $3 million in US stocks. You live in Singapore. You pass away. Two versions of what happens next.
Importers Weigh Discount for Guaranteed Immediate Tariff Refunds
If you are an importer, what % discount would you accept to get paid the full amount on your tariff refunds right now with 100% certainty and you keep the money even if there are no refunds.
One‑Third of South Africans Unemployed, Economy Stagnates
In, South Africa, one in three people are OUT OF WORK. No wonder its economy has STAGNATED. https://t.co/8TbCpugNqS
AI Boosts Engineer Efficiency 100x, Redefining Open‑Source Costs
I cannot stop thinking about the implications that Cloudflare / Vinext has on commercial open source, and in general, the cost of migrations, rewrites, and maintenance. One engineer, with AI, proved to be ~100x as efficient as before. This will have...
Ego‑centric Leaders Turn Competence Into Danger
To gain advantage, ego-centric leaders … Manipulate. Feel entitled. Seek status. Exploit the powerless. Competence without humility creates dangerous capability.
IMF Confirms US Fiscal Boost Exceeds Estimates
People keep telling me I'm wrong about the US fiscal boost this year, but the IMF just published this.. thats bigger than our estimates btw https://t.co/HKAuw6DenI
Velesto Energy: More Than Just Oil Drilling
Who is Velesto Energy Berhad? 🌊🏗️ If you’ve been following the Malaysian stock market or the O&G sector, you’ve definitely seen this name. But do they just "dig for oil"? Here’s the breakdown of this local giant. 🧵👇
China's 90% Model Threatens 20 Industries—Act Now
My new book China's 90% Model launches March 17 To mark the launch of my book, I am hosting an exclusive session for my LinkedIn community. Are You Aware? Do You Know? In one hour I will take you through: 🔹What China's...
Inside How Liquidity Providers Power ETFs and Markets
Join me at 2pm GMT today on Spaces to discuss what’s really going on behind the scenes when liquidity providers like Jane Street support key ETFs and markets. https://t.co/a9uhteuOzP
Flydubai Posts $531m Profit, Hits Record Passengers
flydubai posts US$531m profit after tax for FY2025, reinforcing the momentum behind its expanding network strategy. The Dubai-based carrier reported US$591m pre-tax profit on revenues of US$3.7b, up 6% year-on-year. A record 15.7 million passengers flew with the airline, with Business...
Activist Demands Full Sale, Board Faces Ouster
Strategic review under activist pressure w/ ~70% upside - Prominent activist pushing for full sale + plans to replace majority of board - AGM a few months away - Stock at all-time lows (~4x EBITDA) - One seg. sale announced; board now pressured to...
Debate Needed: Jane Street's Role in Bitcoin Liquidity
There’s a lot of heated views about the Jane Street Terraform story. Those who say “nothing to see here” and no big market maker conspiracy. And those who think something very untoward has been happening for ages. I think both...
Zimbabwe's Lithium Ban Likely Short‑Lived, Minimal GDP Impact
The Zimbabwe export ban seems to be due to transfer pricing, ie producers understating grade/value of exports. Similar to what we saw from the Chinese company that operated Bald Hill in Australia a few years ago. On my calcs, average Zimbabwe...
Deepfake Fraud Costs UK £9.4B, US Must Act
The UK’s £9.4B loss to deepfake-enabled fraud is not a headline, it’s a warning. AI-powered scams are scaling faster than legacy identity and compliance systems can adapt. If the US doesn’t harden digital onboarding, verification, and cross-sector fraud defenses now, the bill...
Ecom Founders Reinvest Payday, Not Splurge—Different Results
Everyone on payday: Planning what to buy. Ecom founders on payday: Planning how much to reinvest into ad spend. Different mindset. Different results.
Record Dividend Amid Profit Dip Raises Order Book Questions
Velesto Energy just reported a profit dip for FY25, yet they are paying out the highest dividend in the company's history. Is the RM1.3 billion order book enough to offset lower rig utilization and declining charter rates? Here is the breakdown of...
UBS Predicts 20% Chinese Stock Rally on Inflation
Chinese stocks may gain another 20% as rising inflation expectations translate into better earnings, according to UBS Securities Asia https://t.co/X14DnpuQpY
China's Rare Earth Export Curbs Still Limit US Supply
Chinese rare earth export controls are still choking off lots of material to the US
Stripe Targets PayPal in $159B Mega‑Deal
Stripe may be gearing up for a mega-deal by eyeing PayPal at a $159B tender valuation. If it happens, it would reshape the payments landscape and reignite competition in digital finance. Big bets like this show how fast fintech’s strategic plays are...
Software Engineer Job Postings Rise With Vibe Coding Trend
Interesting chart. Job postings for software engineers have picked up since vibe coding became a thing: https://t.co/vyIZW909Nh
Trump's Pressure Pushes Modi to Diversify India’s Trade Partners
#IndiaWatch🇮🇳: Thanks to Trump’s threats and tariffs, Modi has pivoted and opened India’s doors to Japan, Brazil, Canada & the EU. MODI IS FASTER ON HIS FEET THAN YOU THINK. https://t.co/I5SCjNBPfI
Mentorship Fuels Startup Success and CEO Growth
93% of startups say mentorship drives their success. 80% of CEOs credit a mentor for where they are today. A mentor gives you two assets: experience to avoid mistakes and access to networks you lack. If you want faster growth and fewer blind...
Hidden Socioeconomic Bias Undermines Talent Assessment
The Unseen Potential #Bias Around #SocioeconomicBackground in #Assessment and #Selection https://t.co/u8QbSgT6p3 #HCM #HRM #HumanResources #HRTech #CHRO #CPO #Hiring #Recruitment #PeopleManagement #Culture #Change #FutureofHR #HRCurator
AI Makes Open‑source Rewrites Trivial, Cloudflare Proves It
We will see much, much more of this happening. AI is changing open source incredibly rapidly. Rewriting an open source project to a new language/framework used to be a massive effort: AI is making it trivial as Cloudflare just showcased with...
More Funds ≠ True Diversification; Look Deeper
Most people think diversification means owning lots of different funds. A client came to me with 17 funds across 4 fund houses. "My advisor said this was maximum diversification." When I showed him what he actually owned underneath, something broke.
Activist Pressure, Not Weak Yen, Drives Real Improvements
Seems to me that the biggest improvements have been in firms: - Shamed into increasing their P/B to 1.0x - Targeted by shareholder activists like Oasis - Already had the right mindset, eg Hitachi / Itochu - Illusory improvement from the weak yen https://t.co/KxTgEB3c9O https://t.co/DoX7UvP2gs
Automation Boosts Demand for Skilled Engineers, Not Reduces It
This is counterintuitive for some, which is why there’s a paradox named after it. But if you lower the cost of something that was previously supply constrained, demand for that thing goes up. Software engineering is just one of the...
Real‑time Data Powers HCF’s Analytics Transformation
Recently I caught up with Amiet Dhagat, Head of Data Services Analytics and AI for HCF, to get the inside story around their stellar success in transition from static data to dynamic data, and why real-time data has been so...
China’s Role: Minor Export Market, Major Input Supplier, CNY Undervalued
It means a lot less than this. As an export market China is way less important than the US to Germany/ the EA. As a source of consumer & intermediate inputs China is of course a massive supplier,...
Team Success Needs Process; Individuals Don’t.
You don’t need process for a single person. You need process for a team (of different people) A team of great people can figure out a process really fast. The problem is that most people just aren’t that competent.
CIOs Suffer Costs From Trendy “Vibe Coding” Practices
The “Vibe Coding” Hangover: Why CIOs Are Paying the Price for “Janitor in a Drum” Logic https://t.co/rj4X6vTgjx
Build Growth Engines, Not Chase Numbers
Growth isn’t a target. It’s a system. In FMCG, hope isn’t strategy. Many brands still chase growth with: • More distribution • More promos • More SKUs • Hope for volume That’s reaction, not design. Real growth is engineered: • Right reach • Clear portfolio roles • Strong channel margins • Data-driven...
Japan and Korea Hit Record Highs on Nvidia Rally
Asia stocks rally: Japan & S.Korea hit records as Nvidia lifts chipmakers; China/HK mixed, BOJ inflation data a risk. Trade: buy Korean memory names on pullbacks. 📈 — Viktor Kopylov, PhD, CFA More insights: t.me/si14Kopylov
Turn 60% OKR Success Into 90% with 40 Fixes
My 2026 stretch KR: Increase success of okrs from 60% to 90% Start here: 40 reasons why okrs fail and how to fix https://t.co/Uibo8M8di3
Start with Clarity, Then Leverage AI, Not Overwhelm
If AI makes you feel more overwhelmed, you are using it backwards. Clarity first. Then leverage.