Thursday links: fundamental explanations

MarketsThe yield on the S&P 500 is now just a tick above 1.0%. (barrons.com)Why the spread on CoreWeave ($CRWV) bonds is soaring. (axios.com)ExchangesThe CBOE ($CBOE) is extending trading hours. (cnbc.com)How to perpetual futures on private companies work? (etf.com)Private equityBlackstone ($BX) is all-in on AI. (finance.yahoo.com)Private equity fundraising is have a tough time. (wsj.com)AIThe AI labs have downgraded safety culture. (thezvi.substack.com)How self-replicating botnets could muck up the Internet. (theatlantic.com)In the future, AI will be integrated into everything. (kevinkelly.substack.com)Stay in touchDon't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)Work in wealth management? Sign up for our exclusive Talking Wealth newsletter. (talkingwealthpod.com)GlobalWhy Ukraine needs to change tactics. (theatlantic.com)Russia is now testing European shipping. (wsj.com)Why the Houthis have ramped up their attacks on Saudi Arabia. (theconversat