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10 Wednesday AM Reads
The Big Picture (Ritholtz)·3 minMy mid-week morning reads: • SpaceX: Here’s What You Get For $1. 75 Trillion: The largest IPO in history. Here are the numbers that matter.
Today's curated set
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Condo Prices Already Dropped By Up To 33% In 24 Bigger Markets
Authored by Wolf Richter via Wolf Street, The price drops are getting relentlessly steeper: In 24 bigger markets, prices of mid-tier condos through April have dropped by 15% to 33% from their respecti…
'Giant Turd': Progressive Dems Continue To Rage At DNC 2024 Autopsy
Authored by Corbin Trent via Common Dreams This past week the DNC released its autopsy of the 2024 election.
Second Chinese 'Combat' Patrol Buzzes Taiwan Within Days, On Heels Of Xi-Trump Summit
In the wake of this month's Trump-Xi summit in Beijing, and as a 'paused' but still looming major US-approved weapons deal and transfer to Taipei is set to go forward, China is stepping up military pa…
🐺 WOLF PICK: First Solar $FSLR Just Inflected. The Street Hasn't Noticed.
WOLF PICK: First Solar $FSLR Just Inflected. A 515 basis point margin beat, a $2 billion cash tell, and a trade ruling that taxes every competitor but one.
Nearly 1.2 Billion People Live With Mental Disorders Globally: Study
Authored by Naveen Athrappully via The Epoch Times, There were an estimated 1. 17 billion people suffering from mental disorders worldwide in 2023, up by 95.
Japan's Auto Giants Are Losing The EV Race To China
Japan’s car industry is being forced into a major reset as Chinese automakers rapidly outpace traditional rivals in electric vehicles, software, and manufacturing speed, according to Nikkei.
Something Stinks
“The crisis of today is the joke of tomorrow. Wells For much of the modern age, elemental sulfur has been an industrial nuisance.
Why China Keeps Selling U.S. Treasuries
Alice Han and James Kynge break down why Russia is pushing hard for China to approve the Power of Siberia 2 pipeline, what China’s accelerating selloff of U.
India Earnings Revival Under Threat as Commodity Prices Surge
Workers assemble a vehicle at a VinFast Auto Ltd. factory in Thoothukudi, Tamil Nadu, India, on Monday, Aug.
Ethereum’s selloff tests whether its neutrality-first model can defend ETH’s value amid Foundation ‘brain drain’
Crypto’s next phase is being shaped less by slogans than by whether core institutions can prove they deserve investor trust.
How This One Fund Built The Entire Venture Capital Industry
When you think of successful VCs, names like Sequoia, a16z, General Catalyst or Accel come to mind, right? And for most of these, success felt inevitable in hindsight.
Despite primary wins, Trump’s grip on power is slipping
Trump seems to rule the GOP with an iron fist, as he showed last week when Rep. Thomas Massie went down (for now…) in Kentucky.