Charting the trillion-dollar TAM wars
Anthropic’s $30tn total addressable market estimate is unbelievable because it’s meant to be
Economic news
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Victory Capital to acquire First Eagle in $7bn deal
Acquisition comes after Texas-based investment house lost out on race to buy Janus Henderson earlier this year
Iran war approaching Ukraine-style stalemate, says shipping boss
Freight rates remain at record highs while oil prices fall back on talks between Iran and Oman to reopen the Strait of Hormuz
Fed’s preferred inflation gauge shows core prices rose 3.3% annually in July
The personal consumption expenditures price index was expected to rise 0.1% monthly and 3.6% on a 12-month basis, according to economists surveyed by Dow Jones.
Bessent’s bond intervention puts US Treasury on collision course with Fed
Increased purchases of debt threaten to undermine central bank chief Kevin Warsh’s bid to tame inflation