🗞️ Polaris Dawn spacewalk closer

September 11, 2024   |   Listen Online   |   Read Online Brought to you by: Top stories today: OpenAI could release Strawberry AI as part of ChatGPT in 2 weeks Harris jumps from 46% to 50% on betting markets after debate with Trump CPI, core CPI projected to continue to slow down Polaris Dawn astronauts reach farther from Earth than anyone in 50+ years Follow us on X | Instagram | Advertise 0. Data and calendar All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT). All times are ET. 1. OpenAI could release Strawberry AI as part of ChatGPT in 2 weeks ChatGPT-generated graphical representation of Strawberry AI model. Strawberry is said to be better to use for complex queries than the existing GPT-4o. Included the ability to "think" before responding. 10–20 seconds of thinking before delivering results. Initially, it will be text-only, unlike most AI models that are multimodal. Differential pricing could also be there. 2. 23 Essential Financial KPIs* Oracle NetSuite. Take charge of your company's success with the perfect mix of financial metrics. Download your step-by-step finance KPI guide now to unlock: Formulas to help get you started right away with your freshly-chosen KPIs. Clear definitions of the key finance KPIs you should be measuring. Applicable case studies to show you step-by-step how each KPI works. Get My Copy *Sponsored. 3. Harris jumps from 46% to 50% on betting markets after debate with Trump Polymarket. Harris successfully baited Trump into defending his felony convictions, his wealth, crowd sizes, and abortion: Bloomberg, WSJ. Trump focused on the Biden-Harris record of high inflation and loose Souther border. A 2nd debate has been called by Harris's campaign. Trump said he'd "have to think about it," suggesting he would accept a debate on Fox News. Watch the full debate here Full Debate: Harris vs. Trump in 2024 Presidential Debate | WSJ 4. CPI, core CPI projected to continue to slow down, out at 8:30 AM ET CPI: exp. 0.2% MoM / 2.5% YoY in Aug., from 0.2% / 2.9% in Jul. Core CPI: exp. 0.2% / 3.2%, from 0.2% / 3.2%. Markets price in 67% odds of a 25 bps cut on Sep. 18 and 33% odds of a 50 bps one CME FedWatch Tool. 5. Polaris Dawn astronauts reach farther from Earth than anyone in 50+ years X: SpaceX. SpaceX's Crew Dragon traveled 755 miles above Earth's surface. Sarah Gillis & Anna Menon set a record for farthest space travel by women. Yesterday: SpaceX launched Polaris Dawn, led by Jared Isaacman. Tomorrow: spacewalk is expected with the 4 astronauts. Relatedly, Elon criticized the FAA's 60-day consultation process for approving Starship X: Elon Musk. 6. 23% of all PE deals in U.S. in 1H 2024 were growth equity deals, surpassing leveraged buyouts PitchBook. 1st time growth equity deals outpace larger buyout firms. Leveraged buyouts were 19%+ of the total PE deals in 1H. 7. Global bond yields slide to 2-year low this week over slowdown fears 3.3% yield on investment-grade debt, lowest since September 2022: Bloomberg. 8. Repo financing by hedge funds crosses $2T in March 2024, ~2x the levels of Sep. 2022 Bloomberg, Office of Financial Research. 10 biggest hedge funds drove the repo borrowing growth, with 50% of the volume. Multi-strategy hedge funds 2x their borrowings over past 4 years to $2T+ Bloomberg, Office of Financial Research. FICC financing revenue among top 12 banks grows steadily at 9%+ to $26.1B in 2023 Bloomberg, Coalition Greenwich. $18.4B FICC financing revenue reported in 2019. 5% to 10% higher financing activity expected this year. 9. 10-year breakeven inflation rate falls to 2.02%, lowest closing level since 2021 Bloomberg. 10. Employee ownership in PE funds +172% since 2019: Carta data Carta. ~20% of PE-backed companies have over 100 employee equity owners. Growth in employee stakeholders has slowed since 2022 Carta. B2B and healthcare dominate PE companies with employee stakeholders Carta. 11. Interesting videos, posts, and memes In conversation with Sergey Brin | All-In Summit 2024 How Paranoid Thinking Can Fuel Technological Advancement The iPhone 16 is here — but it's not finished | The Vergecast 12. Other headlines AI Glean, AI startup offering search capabilities, raises $260M+ at $4.6B. AWS announces $10.45B investment in UK for AI, cloud infrastructure. Facebook admits to scraping Australians' public data for AI training. Senate leaders urge FTC to investigate AI summaries for anti-competition. Chinese companies rolling out models to dominate AI-powered driving. Athyna: hire incredible global talent with up to 80% savings vs. U.S. hires.* monday.com connects and empowers teams to excel in every aspect of work. Get started now!* Oracle NetSuite: CFO of Tomorrow: Your AI Guide.* *Sponsored. Tech PlayStation 5 Pro announced, out on Nov. 7 for $700. Oracle founder Larry Ellison's net worth rises by record $14B in a day. GameStop's Q2 FY24 revenue -31% to $798M, net income hits $15M. MariaDB, which went public in late 2022, acquired by PE firm K1. Jack Ma urges Alibaba to trust in markets, innovation on 25th anniversary. Dell warns job cuts will continue as margins remain under pressure. Sidebar is a personal board of advisors for the next generation of leaders. Join now! * Pipedrive helps you drive more deals from day one.* Mercury makes startup finances simple.* *Sponsored. Clicking on ad links may share your email with Mercury for remarketing purposes. Tech & law CA mandates protections for violence survivors in connected vehicles. Big tech execs to testify at Senate hearing next week about election issues. Nike shareholders vote against workers' rights proposal. Biotech Vitalism Foundation has new Media page with conference talks, interviews. Weight-loss market to get 16 new drugs by 2029, hit $200B by 2031. Novo Nordisk's experimental weight-loss pill has side effects in early trial. Gilead inks $35M deal with AI drug firm Genesis. Bain launches $3B fund for life science companies. Business China lawmakers review plan to raise retirement age. Buffett's BofA sales slow after price declines. REA Group says Rightmove rejected $7.3B takeover offer. Goldman Sachs to hand off $2B credit card book to Barclays. Honda cuts jobs in China, suspends production for about 2 weeks at 3 plants. Crypto Caroline Ellison, ex-Alameda CEO, asks for no prison sentence. Tron, Tether, TRM Labs start financial crime fighting force. tZero Group becomes 2nd crypto firm with U.S. broker-dealer status. UK regulator charges first individual with running illegal crypto ATM network. Singapore to allow cashless bets in casinos but not crypto. U.S. politics Harris attacks Trump on abortion, immigration in ABC debate. Trump calls for government shutdown if voting laws remain same. Taylor Swift endorses Harris for president after debate. Trump plans to rethink NATO relations, troops to Mexico if he becomes president. World Israel offers Hamas leader Sinwar safe exit in exchange for hostages. Iran to be sanctioned by U.S. over ballistic-missile deliveries to Russia. Blinken set to visit Ukraine on Wed. in show of support for Kyiv. Russia's steady advance threatening Ukraine's East. Ukraine targets Moscow in biggest drone attack yet. IMF, Ukraine reach deal to provide access to some $1.1B. Was this newsletter forwarded to you? Sign up here. Liked it? Forward it to friends and get rewards (see below). Share Bay Area Times Share our newsletter with your friends and get free Bay Area Times rewards! You currently have 0 referrals, only 1 away from receiving our Generative AI Unicorns Database. 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