Investing when the market is expensive

The US stock market is expensive by historical standards. Given that it now comprises almost three-quarters of some global index trackers, by association those funds look pricey too. For instance, here’s the geographic exposure of the iShares Core MSCI World global tracker fund (ticker: SWDA): Source: iShares Some readers expressed scepticism when I began pointing […]

20 mins read

Binance founder CZ receives alert from Google about possible government-backed attacks

Key Takeaways Binance founder CZ received an alert from Google about a possible state-backed cyberattack targeting him. Google regularly issues warnings to high-profile crypto leaders about potential government-sponsored hacking attempts. Share this article Binance founder CZ received a security alert from Google warning of a possible state-backed attack targeting him. CZ shared the notification via […]

1 min read

What it means for price discovery?

Decentralized exchanges (DEX) registered $1.43 trillion in spot volume during the third quarter, marking the strongest quarterly performance on record and signaling a structural shift in how crypto markets establish prices. The figure represents a 43.6% increase from the $1 trillion registered in the second quarter, and surpasses the previous record of nearly $1.2 trillion […]

3 mins read

gpt-image-1-mini

gpt-image-1-mini. OpenAI released a new image model today: gpt-image-1-mini, which they describe as “A smaller image generation model that’s 80% less expensive than the large model.” They released it very quietly – I didn’t hear about this in the DevDay keynote but I later spotted it on the DevDay 2025 announcements page. It wasn’t instantly […]

3 mins read

Even after Stargate, Oracle, Nvidia, and AMD, OpenAI has more big deals coming soon, Sam Altman says

At nearly the same moment as Nvidia CEO Jensen Huang was expressing surprise over OpenAI’s multibillion-dollar deal with competitor AMD — shortly after his company agreed to invest up to $100 billion into the AI model maker — Sam Altman was saying that more such deals are in the works. Huang appeared on CNBC’s Squawk […]

4 mins read