Friday links: new challenges

StrategyWhat do you know that the market doesn't? (morningstar.com)The stock market owes you nothing. (safalniveshak.com)Your index funds already own plenty of technology stocks. (wsj.com)CryptoBinance got hacked, bigly. (arstechnica.com)ICE is planning to bring Hyperliquid's perpetual futures on shore. (coindesk.com)AnthopicAnthropic ($ANT) is SpaceX's ($SPCX) biggest customer. (semafor.com)A look at Anthropic's ($ANT) capital raising over time. (ft.com)CompaniesThe best companies don't rely on gatekeepers for their success. (flyoverstocks.com)Just how much U.S. energy companies have profited from the Iran War. (nytimes.com)User growth at Block's Cash App has flattened out. (bloomberg.com)Reddit ($RDDT) has an AI problem. (axios.com)Prediction marketsThe state of Utah has filed criminal charges against Kalshi. (frontofficesports.com)Can we trust election-related prediction markets? (cnbc.com)Stay in touchDon't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns