In partnership with

In partnership with

In partnership with

Good day valued readers,

We hope this week's carefully curated selection of news finds you well. In this edition, we cover the latest developments across investing, finance, crypto, AI, and other topics to help you stay informed.

As always, our goal is to provide you with a professional, unbiased roundup of noteworthy news to augment your understanding of what's happening in the world. We take pride in hand-selecting articles from trustworthy sources across a diverse range of industries.

Please enjoy this week's newsletter. We're grateful for the opportunity to share these insights with you and look forward to continuing to be a valuable resource.

Read time: 8 minutes

Sign Up to this newsletter.

Image of the week

Quote of the week

Offshore talent that come with impressive resumes

“She’s contributing far greater than an executive assistant. She’s also a project manager, podcast producer, copywriter, social media manager, and more!” - Chris Hutchins, All The Hacks

Known for their executive assistants, marketing, finance, and ops talent — Oceans is the global talent partner for brands like True Classic, Pattern Brands, and Othership.

Get full-time, highly experienced talent for only $3000/month.

Learn more about Oceans

Make your revenue goals a reality

Become a top-performing independent marketing and creative consultant by:

• Earn passive income

• Boost client loyalty

• Work on retainers

Calculate my potential

Offshore talent that come with impressive resumes

“She’s contributing far greater than an executive assistant. She’s also a project manager, podcast producer, copywriter, social media manager, and more!” - Chris Hutchins, All The Hacks

Known for their executive assistants, marketing, finance, and ops talent — Oceans is the global talent partner for brands like True Classic, Pattern Brands, and Othership.

Get full-time, highly experienced talent for only $3000/month.

Learn more about Oceans

Investing and Finance

Welcome to this week's tech and market roundup! As AI continues to reshape the tech landscape, we're seeing seismic shifts in market valuations and corporate strategies. Nvidia's meteoric rise has propelled it past Microsoft in market cap, while Samsung issues a rare public apology for lagging in AI development. Meanwhile, the healthcare and finance sectors are experiencing their own tremors, with Humana grappling with Medicare rating fallout and Robinhood soaring on positive investor news.

From mining stocks reacting to China's economic maneuvers to Honda's massive recall, this week's newsletter covers the breadth of market movements that are shaping our economic future. Buckle up as we dive into these stories and more, exploring how they might impact your investment strategies and the broader tech ecosystem.

1. Samsung issues public apology after falling behind on AI - Read more

2. Nvidia Overtakes Microsoft as World's Second-Largest Company by Market Cap - Read more

3. Humana Stock Is at Multiyear Lows as Investors Digest Its Medicare Rating - Read more

4. Microsoft's Stock Has One Fewer 'Buy' Rating on Wall Street Today - Read more

5. Robinhood Stock Soars on Investor Day News, Barclays Note - Read more

6. Mining Stocks Sink on Disappointment with Latest China Stimulus - Read more

7. Why Nvidia Stock Rose Again Tuesday, Nearing Record High - Read more

8. Honda recalls nearly 1.7 million vehicles for steering problem that could lead to crashes - Read more

9. Reddit Stock Rises as Jefferies Calls Stock a 'Buy' on AI Strengths - Read more

10. AMD likely to launch new AI chips at San Francisco data center event - Read more

11. Wall Street shrugs at Google’s legal setbacks isn't denial, it's pragmatism: Morning Brief - Read more

12. Stock market today: Dow futures slip as stocks tread water ahead of CPI inflation report - Read more

Crypto News

Welcome to this week's crypto and blockchain update! The cryptocurrency landscape continues to evolve at a breakneck pace, with significant developments across regulatory, technological, and market fronts. FTX's clearance to repay customers marks a pivotal moment in the aftermath of one of crypto's biggest scandals, while Hong Kong and the UAE are making moves to establish themselves as crypto-friendly jurisdictions. On the corporate front, we're seeing interesting maneuvers from companies like Crypto.com challenging SEC regulations, and traditional finance players racing to launch crypto-spot ETFs.

The ongoing mystery of Bitcoin's creator Satoshi Nakamoto has taken an intriguing turn with an HBO documentary suggesting a potential identity. Meanwhile, the technology underpinning cryptocurrencies continues to advance, with Coinbase enabling Taproot address transactions and Palau introducing blockchain-based savings bonds. These developments, coupled with the charging of 18 individuals in a major crypto fraud case, underscore the complex interplay between innovation, regulation, and market integrity in the crypto space.

As we delve into these stories, we'll explore their potential impacts on the future of digital finance and blockchain technology.

1. Sam Bankman-Fried’s Bankrupt FTX Crypto Exchange Is Cleared to Repay Customers - Read more

2. Hong Kong Gearing Up to Approve More Cryptocurrency Exchange Licenses by Year-End: SFC - Read more

3. UAE Exempts Crypto Transactions From Value Added Tax - Read more

4. Japan's Answer to MicroStrategy Buys Up Millions More in Bitcoin - Read more

5. Crypto.com Sues SEC Over Crypto Regulation After Wells Notice - Read more

6. Wall Street Races to Launch Latest Cohort of Crypto-Spot ETFs - Read more

7. HBO Documentary Suggests Bitcoin Creator Satoshi Nakamoto Is Developer Peter Todd - Read more

8. Coinbase Users Can Finally Send Bitcoin to Taproot Addresses - Read more

9. Palau introduces blockchain savings bonds with Soramitsu - Read more

10. Eighteen Individuals and Entities Charged in International Operation Targeting Widespread Fraud and Manipulation in the Cryptocurrency Markets - Read more

11. SEC Chair Gary Gensler on Crypto: ‘It’s Unlikely This Stuff Is Gonna Be a Currency’ - Read more

12. Bitcoin ETF options expected by Q1 2025: Bloomberg analyst - Read more

13. Trump Crypto Project Submits Proposal to Ethereum DeFi Giant Aave - Read more

14. Stripe Follows Through on Crypto Payment Support in USDC Following Six-Year Hiatus - Read more

15. Stablecoin Use Booms in Argentina as Inflation Skyrockets: Report - Read more

16. Vitalik Buterin seen as dark horse for 2024 Nobel Prize in Economics - Read more

17. LatAm Bank Littio Ditches Ethereum for Avalanche as Demand for RWA Vaults Grows - Read more

18. Ethereum Price Drops as Chinese Government Kickstarts Sales for $1.3B Worth of ETH Seized from PlusToken Scam - Read more

Artificial Intelligence

Welcome to this week's AI and tech innovation roundup! The rapid advancement of artificial intelligence continues to reshape industries, spark debates, and earn scientific recognition at the highest levels. In a groundbreaking moment for the field, the 2024 Nobel Prize in Physics has been awarded to John Hopfield and Geoffrey Hinton for their foundational work in machine learning, underscoring AI's growing importance in scientific circles. This recognition comes as AI integration accelerates across various sectors, from banking to meteorology, with the UK banking sector seeing a doubling in AI adoption.

Tech giants are not sitting idle, with Google enhancing its search engine with AI capabilities for visual and audio queries, while Uber is launching an AI assistant powered by OpenAI's GPT-4 to help drivers transition to electric vehicles. However, the AI boom is not without controversy, as evidenced by the former Google CEO's statement prioritizing AI advances over climate conservation and warnings from AI researchers about potential "Orwellian" futures.

On the business front, companies like Grindr and Foxconn are leveraging AI for innovative applications and seeing tangible benefits in revenue, respectively. As we navigate this AI-driven landscape, the need for upskilling becomes paramount, with Gartner predicting that 80% of the engineering workforce will require new skills by 2027. Amidst these developments, we're also seeing creative applications of AI, from electronic tongues revealing AI's inner workings to AI-powered tools promising to boost productivity across various industries.

1. Google's former CEO: AI advances more important than climate conservation - Read more

2. Grindr Aims to Build the Dating World’s First AI ‘Wingman’ - Read more

3. EdgeRunner: Auto-regressive Auto-encoder for Artistic Mesh Generation - Read more

4. Inflection AI and Intel Launch Enterprise AI System - Read more

5. Google’s search engine’s latest AI injection will answer voiced questions about video and photos - Read more

6. Foxconn beats estimates with record third-quarter revenue on AI demand - Read more

7. Uber to launch AI assistant powered by OpenAI's GPT-4o to help drivers go electric - Read more

8. AI adoption doubles in UK banking sector - Read more

9. ‘Godfather of AI’ shares Nobel Prize in physics for work on machine learning. The 2024 Nobel Prize in physics has been awarded to John Hopfield and Geoffrey Hinton for their fundamental discoveries in machine learning, which paved the way for how artificial intelligence is used today. - Read more

10. Fintech OpenBB aims to be more than an ‘open source Bloomberg Terminal’ - Read more

11. Adobe to offer free app to help with creator attribution amid AI boom - Read more

12. AI Researcher Slams OpenAI, Warns It Will Become the "Most Orwellian Company of All Time" - Read more

13. Sal Khan on the critical human skills for an AI age - Read more

14. Zoomtopia 2024: Unveiling AI-first work platform innovations - Read more

15. A matter of taste: Electronic tongue reveals AI inner thoughts - Read more

16. Stripe deepens collaboration with NVIDIA to enhance Stripe’s AI-powered capabilities and expand global access to NVIDIA’s AI platform - Read more

17. How Meteorologists Are Using AI to Forecast Hurricane Milton and Other Storms - Read more

18. Gartner Says Generative AI will Require 80% of Engineering Workforce to Upskill Through 2027 - Read more

19. The best AI productivity tools in 2025. These 60+ AI apps will help you work faster - and better. - Read more

Top Article Picks this week

Welcome to this week's cultural and scientific digest, where we explore the intersection of language, technology, and human behavior. Our journey begins with a linguistic conundrum: the problematic nature of the phrase "Hey guys," reflecting on how our everyday language choices impact inclusivity. We then dive into the corporate world, examining how top CEOs are adapting to the perspectives and values of Gen Z, a generation that's reshaping workplace dynamics. The cultural landscape continues to evolve, as evidenced by the controversies surrounding internet sensation Mr. Beast, highlighting the complex relationship between content creators and their audiences.

Shifting gears, we explore scientific frontiers with the emerging field of marine carbon dioxide removal, poised to make significant strides in combating climate change. This leads us to contemplate our collective cognitive abilities, questioning whether our impatience is hindering our intelligence in an era of instant gratification. The resurrection capabilities of generative AI bring us face-to-face with ethical dilemmas, as deceased celebrities find new "life" in the digital realm.

On the financial front, we examine the enormous influence of investment giants Vanguard, BlackRock, and State Street, pondering their role in shaping global economics. As we adjust our clocks for daylight saving, we take a moment to unravel the celestial mechanics behind lengthening days. Our exploration of the human mind continues with cutting-edge research on brain stimulation enhancing meditation practices.

Finally, we confront sobering realities: the hidden online lives of our youth and the global scandal of food waste, both issues demanding our attention and action. As we reflect on these weighty topics, we find a moment of levity in ancient puzzles that have entertained generations, before concluding with insights on positive communication and the art of changing minds – timeless skills in our ever-changing world.

1. The Problem With ‘Hey Guys’ (Reading time: 8 min) - Read here

2. 9 Things Top CEOs Have Learned From Gen Z (Reading time: 5 min) - Read here

3. The Out-of-Touch Adults' Guide to Kid Culture: Mr. Beast's Many Controversies, Explained (Reading time: 6 min) - Read here

4. Marine Carbon Dioxide Removal is About to Go Big (Reading time: 6 min) - Read here

5. Are We Too Impatient to Be Intelligent? (Reading time: 16 min) - Read here

6. Generative AI is a Resurrection Machine (Reading time: 20 min) - Read here

7. Do Vanguard, Blackrock, and State Street Run the World? (Reading time: 6 min) - Read here

8. With AI, Dead Celebrities Are Working Again—And Making Millions (Reading time: 5 min) - Read here

9. Daylight saving is about to start. But why do the days get longer? (Reading time: 4 min) - Read here

10. How zapping the brain can supercharge meditation (Reading time: 8 min) - Read here

11. We only learnt of our son’s secret online life after he died at 25 (Reading time: 16 min) - Read here

12. The scandal of food waste – and how we can stop it (Reading time: 16 min) - Read here

13. These 6 Ancient Puzzles Entertained Our Ancestors with Riddles and Numbers (Reading time: 6 min) - Read here

14. The Six Keys to Positive Communication (Reading time: 10 min) - Read here

15. How to (Actually) Change Someone’s Mind (Reading time: 6 min) - Read here

Weekly YouTube videos

Investment Bonus

🎇 Earn passive income with up to 15% APY.

❄ Why invest with Debitum? 0%* default rate in 5 years. Licensed and Regulated platform. Business loans. Secured by real collateral. Sustainable returns 11 – 15% p.a. BuyBack obligation and other protection mechanisms. You will get 25 EUR by using our invitation link below.

Debitum - Your number one choice for investing in business loans - Join Here!

Book of the week

Nassim Nicholas Taleb's "Skin in the Game" is a thought-provoking exploration of risk, responsibility, and decision-making in various aspects of life. Taleb argues that true understanding and ethical behavior come from having a personal stake in the outcomes of one's actions. He challenges conventional wisdom on topics ranging from politics to finance, religion to social justice. The author emphasizes the importance of symmetry in risk-taking, asserting that those who benefit from decisions should also bear the consequences.

Taleb's iconoclastic approach takes aim at "educated philistines" and questions the validity of universal ethical rules. He posits that minorities, not majorities, drive societal change through their unwavering commitment to their beliefs. The book's title becomes a litmus test for credibility, with Taleb advising readers to be wary of those who don't have "skin in the game." Drawing from a wide array of historical and contemporary examples, Taleb illustrates his points with both erudition and wit.

While the author's style can be abrasive and self-assured, his insights offer a fresh perspective on risk management and decision-making. Taleb's emphasis on practical wisdom over theoretical knowledge resonates throughout the book. He advocates for simplicity in solutions and skepticism towards complicated explanations. "Skin in the Game" challenges readers to reconsider their understanding of fairness, justice, and personal responsibility.

Though sometimes controversial, Taleb's ideas provide a valuable framework for navigating an increasingly complex world.

And finally …

Do you want to get free shares worth up to €100?

Join Trading 212 Invest with this link, and we will both get FREE shares.

Thanks for the read!

If you like what you read, forward it to your friends, so they can sign up here.