Friday links: real economic benefits

Retail tradingFive minute bets on crypto? Sure, why not? (ft.com)Are retail traders finally pulling back? (sherwood.news)FinanceNasdaq ($NDAQ) is bending over backwards to accommodate SpaceX. (wsj.com)SPVs are booming. Not all of them have clear title to the stock they are selling. (bloomberg.com)Wealthfront ($WLTH) is seeing outflows from its cash management business. (riabiz.com)The structured note business keeps growing. (citywire.com)AIIf the Department of Defense can blacklist Anthropic then no company is safe. (wsj.com)A political backlash against AI was brewing, the Iran war just backburnered it. (riskgaming.com)There's a lot more to replacing labor than just automating tasks. (davidoks.blog)GLP-1sHow the market for GLP-1s has evolved. (wapo.st)Not everyone responds well to GLP-1s. (nytimes.com)Eli Lilly ($LLY) warns about GLP-1 knockoffs. (biopharmadive.com)Art marketArt auctions saw a boost in sales last year. (barrons.com)David Gilmour's 'Black Strat' just sold for a recor