Funding an AI Promise
The biggest AI listings want you to fund a promise and wait a decade. The smart money is in the dull, profitable companies where the AI earns its keep
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The mere threat of One Nation will be enough
The marginal revolution upended the science of economics 150 years ago. But it has the power to revolutionise your understanding of politics today.
Nobody’s Buying
Our major cities are reporting the worst auction weekend since the depths of COVID. The ASX will feel it next.
Part II: As Empires Crumble… Precious Metals Reign
Trump has used US Bankruptcy Laws to his advantage several times on his road to making billions. So, should US debt holders be concerned? That’s what James Cooper explores in today’s edition of Mining Memo.
The Great AI Loss Leader
The Hyperscalers are betting trillions that AI will restore their golden cashflow era. The economics underneath it are far weaker than the share prices suggest.
Commodities Hammered
The ASX remains frustratingly rangebound as tax-loss selling hammers underperformers and cracks begin appearing elsewhere, highlighted by Judo Capital’s 40% collapse.
