Thursday links: the need for regulation
Prediction marketsKalshi is going to allow bets on drug trials. (theguardian.com)Kalshi is rolling out more features for institutional traders. (semafor.com)Trump's teleprompter operator reportedly has been betting on Kalshi on speech outcomes. (abcnews.com)FinanceThe Bloomberg Terminal is the still the market leader. (ft.com)Truth Social is now selling access to its API. (axios.com)PharmaNovo Nordisk ($NVO) is besting Eli Lilly ($LLY) in weight loss pills. (wsj.com)Eli Lilly ($LLY) is buying AtaiBeckley which is developing psychedelics for mental health treatment. (cnbc.com)Merck's ($MRK) cholesterol pill, Lipfendra, is a blockbuster in waiting. (biopharmadive.com)AIEverybody is converging on the need to regulate AI. (axios.com)Are AI executives uniquely at-risk of violence? (wsj.com)The Apple-OpenAI suit is going to involve a lot of e-mails. (spyglass.org)Stay in touchWork in wealth management? Sign up for our advisor-exclusive Talking Wealth newsletter. (talkingwealthpod.com)Don't
Prediction markets
- Kalshi is going to allow bets on drug trials. (theguardian.com)
- Kalshi is rolling out more features for institutional traders. (semafor.com)
- Trump's teleprompter operator reportedly has been betting on Kalshi on speech outcomes. (abcnews.com)
Finance
- The Bloomberg Terminal is the still the market leader. (ft.com)
- Truth Social is now selling access to its API. (axios.com)
Pharma
- Novo Nordisk ($NVO) is besting Eli Lilly ($LLY) in weight loss pills. (wsj.com)
- Eli Lilly ($LLY) is buying AtaiBeckley which is developing psychedelics for mental health treatment. (cnbc.com)
- Merck's ($MRK) cholesterol pill, Lipfendra, is a blockbuster in waiting. (biopharmadive.com)
AI
- Everybody is converging on the need to regulate AI. (axios.com)
- Are AI executives uniquely at-risk of violence? (wsj.com)
- The Apple-OpenAI suit is going to involve a lot of e-mails. (spyglass.org)
Stay in touch
- Work in wealth management? Sign up for our advisor-exclusive Talking Wealth newsletter. (talkingwealthpod.com)
- Don't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)
Video
- Amazon ($AMZN) Prime is leaning into shows based on young-adult fiction. (wsj.com)
- Why Netflix ($NFLX) movies and shows look like slop. (freddiedeboer.substack.com)
- Versant ($VSNT) is remaking 'Fandango at Home.' (hollywoodreporter.com)
Oil
- Global stocks of oil have been effectively drawn down. (ft.com)
- Diesel prices are again over $5 a gallon. (nytimes.com)
Economy
- Retail sales are strong. (bonddad.blogspot.com)
- The Fed's balance sheet won't shrink rapidly. (economist.com)
Earlier on Abnormal Returns
- Longform links: detecting AI errors. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: the best upgrade. (abnormalreturns.com)
Mixed media
- Jason Zweig's summer reading list including: Robin Wigglesworth's "A Fabulous Debt: The Epic Story of How Bonds Built the Modern World." (wsj.com)
- Summer reading from Behavioral Scientist including: "The Science of Second Chances: A Revolution in Criminal Justice" by Jennifer Doleac. (behavioralscientist.org)
- A positive review for Liaquat Ahamed's "1873: The Rothschilds, the First Great Depression, and the Making of the Modern World." (gregmankiw.blogspot.com)
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