GDP was revised down to 1.6% while core PCE hit 3.3%, the highest in nearly three years. S&P 500 and Nasdaq hit fresh records anyway, lifted by Snowflake's 36% surge on a $6B Amazon deal. U.S. and Iran traded fresh strikes overnight even as a 60-day ceasefire extension remains unsigned on Trump's desk.
“The gap between who you are today and who you were a year ago is almost entirely explained by the small things you did when nobody was watching.”
“Most of the noise in your head is rehearsal for conversations that will never happen. The thing actually in front of you is almost always simpler than the thing you are imagining.”
“The people who changed your life probably have no idea they did it. Maybe tell one of them today.”
Snowflake reported Q1 revenue of $1.39 billion, beating consensus by $240 million, and announced a $6 billion multi-year deal with Amazon Web Services, a single-customer…
Mastercard formally walked away from a planned investment in rival crypto infrastructure firm Zerohash in May, consolidating its $1.8 billion BVNK acquisition into a…
“Be patient toward all that is unsolved in your heart and try to love the questions themselves, like locked rooms and like books that are now written in a very foreign tongue.”
— year-old aspiring poet in 1903, offered advice that sounds like the opposite of courage: be patient. Do not force resolution. Some questions are not ready to be answered, and the attempt to answer them prematurely produces answers that are technically correct but existentially false, answers you can defend but cannot live inside.
Identify something you have already set in motion, a project launched, a conversation started, a commitment made. Notice the urge to intervene, to check, to optimize, to follow up one more time.…
In September 2008, when Lehman Brothers filed for bankruptcy, regulators scrambled to identify the next domino. They counted counterparty connections. Bear Stearns had been the most connected broker-dealer. But AIG, with fewer total connections…
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Three convergent signals confirmed this week that the mechanism is live and compounding. First, Armin Ronacher, creator of Flask, documented that…
Michigan consumer sentiment just posted 44.8, the lowest reading in the survey's seven-decade history. On the same day, the Dow closed at an all-time high.…
Two events landed within hours of each other on Friday, and neither makes full sense without the other. House Republicans canceled a scheduled vote on the…
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