AI Drafts 500‑page Freight Lawsuit, Exposing Shark Attorneys
This AI generated 500 page freight lawsuit is so wild because it names a bunch of companies who have some of the most vicious shark attorneys in the world Good luck to the filer. They have no idea how this all works 😭
Defense Funding Lagging, Floodgates Soon to Open
Hegseth says about $26 billion of the $154 billion for defense in last year's reconciliation bill has been put under contract, but "the floodgates are about to open." “You’re starting a bit late," SASC Chair Wicker says, adding that OMB had...
Adverb VC Celebrates GetCasa, Reviving Joy in Homeownership
We at @Adverbvc are shouting from the rooftops about @getcasa -- we're grateful and delighted customers, proud investors, and can't wait to see Casa bring the joy back into home ownership.
Insurers Exit ACA Market When Enrollees Get Sicker
Cigna is abandoning the ACA health insurance marketplaces by the end of the year, following in Aetna’s footsteps. Insurers have shown, time and again, they will bail on the ACA market if people are too sick. @TaraBannow reports: https://t.co/kW6Cq06Haa
New Geopolitical Cousins Episode Recorded at Twilight
The new episode of Geopolitical Cousins has just dropped... Cousin @JacobShap and I recorded this one in the twilight hour. https://t.co/sLrtsjAaVt
President Likely to Sidestep War Powers, Extend Conflict
So, we are at day 60 of the US-Iran 'war' and theoretically the President needs to get Congress's approval to continue according to the War Powers Resolution. If they reject continuing, he has a 30-day timeline to withdrawal safely. I...
Tesla FSD Improves, Still Misidentifies Road Objects
Any traffic aware system is a benefit these days when you're creeping along in traffic like this. However, Tesla's FSD is still dodging things in the road it "thinks" are objects. Fortunately, it has stopped doing crazy stuff like hard...
AI Agents Face Fragmented Toolchain Complexity
Current approaches involve multiple tools, vendors, designs, data formats, and abstractions. Can agents really use them all? https://t.co/wgm7kMJxmX #semiEDA #AgenticAI #HLS #RTL #semiconductor
Qualcomm Shares Surge 19% on AI‑focused Earnings Beat
.@Qualcomm stock is up 19% on earnings beat, and datacenter & AI expectations. Qualcomm CEO spoke to @jonfortt on CNBC moments ago. ‘Agent driven devices ‘ will need more CPU, says @cristianoamon, Qualcomm CEO. I will argue that we have...
FCC to Revise Audible Crawl Rule, Protecting Visually Impaired
Reminder for some of my colleagues covering the @FCC meeting today -- the commission votes on lots of items like changes to the "Audible Crawl Rule" which eliminates " a technically unworkable provision while ensuring that people who are...
Top 15 Biopharma R&D Players and Late‑Stage Prospects
My annual report on the top 15 R&D players in biopharma is out. It's a beast at some 9000 words, but if you're interested in the top prospects in the late-stage pipeline, I got a bunch for you. The stakes...
More Sellers, Yet Amazon Revenue Shares Hit 2017 Lows
It's Day 2 at Amazon. More owners than ever, 63%, are selling on AMZ. Yet AMZ market share of U.S. store revenue has declined to 2017-era levels. High fees. Brutal competition. Lack of customer ownership. More brands selling + lower revenue than...
How to Value California Governor’s Mansion Listing
How do we pull comps on the mansion that was built for the California governor? This estate is currently listed for sale, and today I have some thoughts in my weekly post. https://t.co/LymXG0FbtG https://t.co/J1HJJ1HJaT
Pearl Abyss Sells CCP Back at $305M Loss
Crimson Desert studio Pearl Abysss (publicly traded in Korea) is finally selling Eve Online studio CCP (based in Iceland) back to its management. Selling price: US$120M. Buying price in 2018: US$425M. There were rumors about such a deal swirling last year already.
WHOOP Secures Contract for U.S. Navy CREW Program
WHOOP 🤝 U.S. NAVY 🇺🇸 I’m proud to share that WHOOP has been awarded a contract to support the U.S. Navy’s Command Readiness, Endurance, and Watchstanding (CREW) program. Learn more here: https://t.co/Ep9RXpvqe6
Boost Efficiency, Not Cut ROE, for Affordable Utilities
Smart stuff from @GovernorShapiro on the right way to hold utilities' accountable to affordability objectives when setting return on equity (RoE) in rate-making cases. As opposed to strongarm tactics to cut ROE, push for efficiency: make more room in the...
Shin‑Etsu's Naphtha Shortage Signals Chip Supply Risk
“Japan’s largest chemical company, Shin-Etsu Chemical, has withheld its full-year forecast,citing supply constraints on naphtha-derived products due to the war. Shin-Etsu, which also makes silicon wafers for semiconductors, says it’s difficult to “reasonably predict” performance for the fiscal year. Its...
Florida's Next Third‑Party Supercharger Highlights Local Endangered Species
Florida will see the next third-party Supercharger location open soon by Suncoast Charging: at The Hub at Lexington Oaks in Wesley Chapel, Florida. These Superchargers will again get wraps to showcase threatened animals or plants in the immediate area of the...
Barron Trump's Mate Brand Whitewashes Indigenous Roots
Barron Trump's canned yerba mate co-opts the pre-Columbian beverage without any reference to the rightful Indigenous purveyors. Instead, the drink degrades the ingredient and contributes to on-going whitewashing of mate. My report for @thekitchn: https://t.co/oytf5oPRWi
Partial Stair Repairs Avoid Code, Full Rebuild May Fail
Have to be *really* careful about these in LA. Often, the existing stairs are too steep to meet current code. DBS allows you to do partial replacements of rotted wood without bringing to code. But, if you demo the whole staircase (for example,...
Roku's New Home Screen Boosts Ads and Subscriptions
Roku’s content forward home screen will drive ads and subscriptions $ROKU The LightShed Podcast, Ep. 311. With @BrandoLightShed and @WaltLightShed https://t.co/IzuCFFHsaP
YouTube: The Untapped B2B Education Powerhouse
The most underrated distribution channel in B2B right now is YouTube. Long form. Tutorial driven. Talking heads. Educational. Searchable forever. Few B2B brands owns it yet. That is wild to me. We are going to fix that.
Molly's Figure Tour Kicks Off with Live Sit‑Down
Part 1 of Molly’s visit to Figure is live today Molly got a full tour of our engineering efforts and campus. Part 1 is a sit-down. Part 2 is robots
Irisin Hormone Reverses Obesity and Insulin Resistance
Irisin, a hormone released by muscle during exercise, reverses obesity and insulin resistance in mice -- without cutting food intake or causing muscle loss. As a medical school professor, I find this striking. We have spent a decade asking how to...
TTD Slowdown Misread; Fundamentals Remain Solid
$TTD slowdown is misunderstood - Dominant independent DSP for open internet ads - Growth slowed in '25, stock crushed - Amazon/AI fears overblown - Advertisers still need independent DSP platforms - No scaled comps ~$10B mkt cap, $1.3B net cash, ~$1B FCF Pitch by Saga Partners https://t.co/EyIxIZoKfB
Bankruptcy Survivors Become High‑interest Car‑lease Targets
“I’ve done car leases for people who were newly discharged from bankruptcy. These people can get financing at very high rates such as 19% or 25% interest. Because they just went bankrupt they have no debt. In my mind, this...
80/20 Debt-Equity Mix Boosts Utility Durability
Moving all of the utilities to 80% debt and 20% equity is more durable than reducing their ROE. You can do it with the 1706 financing program at LPO like Georgia Power just did.
New Meta‑Higgsfield Loop Sparks Ad Volatility
Both Meta and Higgsfield MCP's launched this week. Meta -> Claude -> Higgsfield -> Claude -> Meta is now suuuuuper easy 😅😬 Great for both automations and for one-shotting new ads. I think advertisers are about to see a ton of volatility, especially...
China Poised to Restart Type 071 Amphibious Ship Production
A few thoughts on China's possible restart of Type 071 amphibious assault ship construction. Subscribe for free and read it here at my substack, The Shugart Update: https://t.co/Wv0hif6Ixj https://t.co/yjmKm4ASHF
IRS May Tighten Form 990 Reporting for Nonprofits
The IRS is eyeing changes to Form 990—and nonprofits could see more reporting requirements ahead. Focus areas: fiscal sponsorship + government funding. Details are still developing → https://t.co/IyKZzykAJY
Oil Prices Surge Past $120, Triggering Historic Energy Crisis
Brent crude oil has crossed $120/barrel for the first time since June 2022. The IEA is calling this the “biggest energy security threat in history.” We’re on track for the biggest oil crisis in decades.
Gene Therapy Soon as Routine as Everyday Surgery
Eric Kelsic envisions the future of gene therapy will be viewed in the “the same way that many of us have had some form of surgery at certain points in our life.” As therapies become safer and more effective, the decision...
Netflix Adds Vertical Feed, Still Forces Landscape Playback
Netflix’s New Mobile App Has a Vertical Video Feed, but You Still Have to Watch TV Shows and Movies in Landscape Mode https://t.co/nGacEzfXWy via @variety
All‑in‑One Tool Cuts Product Development From Weeks to Days
Cursor for code. Lovable for apps. @Genpire_ai for products you can actually hold. One workflow handles the whole cycle, from idea to design to tech pack to manufacturer match. A DTC founder using it said they cut their development time from...
ESPN News Veteran David Roberts Announces Retirement
David Roberts, ESPN’s Supervisor of News and Top Studio Shows, to Retire https://t.co/texcAywsWI via @variety
Netflix Adopts TikTok‑style Tactics, Stays Distinct
Netflix is trying to take a page from TikTok - without becoming TikTok. A top exec explains: https://t.co/ut0xElf6xR
EID Tag Ban Rejected, 69-355 Vote Def
An amendment to block and repeal APHIS from requiring EID tags for interstate movement of cattle and bison failed overwhelmingly on House floor - 69-355.
AI Policy Contradicts Itself: Exporting Chips, Declaring Danger
I can understand a plan to treat AI as a "normal" technology and let Nvidia export powerful chips to China. And I can understand a plan to treat AI as an "abnormal" technology that compels the govt to stop private companies...
Futures
Futures markets suggest that trouble in the Middle East -- and higher energy prices -- will still be with us during the U.S. midterm elections in November. https://t.co/sX0oV15qiq
Even Musk's Lawsuit Raises Surprisingly Valid Points
When the worst person you know makes a good point Despite having a ton of terrible opinions about a wide range of things, Musk has a number of points in his OpenAI lawsuit that are worth considering. Believe me, I don't...
Live at 11 Am ET: RiskReversal YouTube with Adami, Thomas
We're streaming LIVE at 11am ET over on the RiskReversal YouTube page with Dan, @GuyAdami & @LizThomasStrat 📺 WATCH: https://t.co/JpEdnwKikE https://t.co/mkCLCYLFIR
Low‑Rise Home Building Surges After Four‑Year Slump
New Home Construction Industry Rises From The Grave: Low-Rise Home Building Jumps Hi-Rise Condos Still Dead Building new Single Family, Semi's & Townhouses has been Dead in Ontario for 4 years Ottawa has crawled along but Southern Ontario a total crash Until this...
House Price Growth Stalls; Punta Gorda, Austin Plunge
Freddie Mac House Price Index Decreased in March; Up only 0.7% Year-over-year Punta Gorda House Prices Down 21% from Recent Peak, Austin Down 18% https://calculatedrisk.substack.com/p/freddie-mac-house-price-index-decreased-9d1
Vistance Sells RUCKUS to Belden for $1.846 B
"Vistance Networks $VISN announced today it has entered into a definitive agreement to sell its RUCKUS Networks business to Belden Inc. $BDC for $1.846 billion in cash, to be paid by Belden at closing." https://t.co/iqypD3Sr6j
Inseego to Acquire Nokia's Fixed Wireless Access Business
"Inseego $INSG said on Thursday it will acquire Nokia's $NOK fixed wireless access, or FWA business, to expand its global footprint in wireless broadband." https://t.co/O5VEKjus4K via Seeking Alpha
Ad Intelligence Powers Quality, Multi‑Channel Media Outcomes
Advertising Intelligence, Outcomes, and Better Media @RemcoWestermann the CEO of Verve joins @JeremyBloomHere and @sam_khoury1 from Marketecture Media at @PossibleEvent to share how Verve is using advertising intelligence, intent signals, and deeper partnerships to help make media...
Trump's Psychedelic Order Preserves FDA Oversight Balance
My op ed in today's @WashPost - "Trump’s executive order on psychedelics strikes a healthy balance: The president preserved the FDA's role, even as some want the agency's gatekeeping dismantled." https://t.co/9hH7kz107J
Join NYC's Freelance Isn't Free Day Event
Learn about New York's Freelance Isn't Free legislation at Freelancer's Union Freelance Isn’t Free Day free event on May 20th in NYC from 12-5 p.m. at Civic Hall and includes panels with labor leaders and educational workshops. Reserve your ticket here:...
Molybdenum Prices Surge Past $28, $MOLY Near $3B Valuation
Molybdenum prices keep rising. Now firmly above US$28 lb/Mo. That's roughly $ 3bn for $MOLY Expect more announcement re financing and off-take agreement over the quarters. $150m market cap.
Reliance Expands Globally, Customizes Hair Care for India
Expansion Strategy: Reliance plans to scale the brand in India, tailoring products to local hair and scalp needs, while continuing to grow its presence in markets like North America, the UK, and the Middle East.