As recovery efforts continue and questions remain following the collapse of the Francis Scott Key Bridge in Baltimore early Tuesday morning, a truck has been recovered from the Patapsco River.
In the first part we chat about fast food and the spread of surge pricing to everything, then use some recent announcements in the tech sector to get into the magical thinking and fictitious capital that totally sustains the AI industry all for the grand dream and supreme purpose of squeezing out another 3% annual growth in the economy.
••• Uber-style pricing is coming for everything https://www.vox.com/money/24105250/fast-food-restaurants-dynamic-pricing-algorithm-wendys
••• Scientific Journals Are Publishing Papers With AI-Generated Text https://www.404media.co/scientific-journals-are-publishing-papers-with-ai-generated-text/
••• Microsoft Hires DeepMind Co-Founder Suleyman to Run Consumer AI https://www.bloomberg.com/news/articles/2024-03-19/microsoft-hires-deepmind-co-founder-suleyman-to-run-consumer-ai
••• Saudi Arabia Plans $40 Billion Push Into Artificial Intelligence https://www.nytimes.com/2024/03/19/business/saudi-arabia-investment-artificial-intelligence.html
••• Have We Reached Peak AI? https://www.wheresyoured.at/peakai/
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Hosted by Jathan Sadowski (www.twitter.com/jathansadowski) and Edward Ongweso Jr. (www.twitter.com/bigblackjacobin). Production / Music by Jereme Brown (www.twitter.com/braunestahl)
Merchants are going to be taking a bigger cut of credit card swipes, what does it mean for VIsa and Mastercard?
(00:21) Bill Mann and Dylan Lewis discuss:
- The tragic Francis Scott Key Bridge collapse in Baltimore and how it affects the port and the companies with goods going in and out of it.
- Visa and Mastercard’s $30B settlement with merchants over interchange fees.
- A curious crypto story with Nilam Resources.
(12:09) Tech insider Kara Swisher joins Deidre Woollard to talk about her new best-seller “Burn Book” and how a tech CEO helped her kids use social media a little less.
Haiti is the middle of a crisis and is without a government as gangs in Port-au-Prince prevent one. But some parts of Haiti have lived without a functioning government for so long they cannot remember what it's like to have one. Our reporter in Haiti takes us to one such village.
As local news is hollowed out, rightwing news fills in the gaps. In Tennessee—ground zero for the culture war—Justin Kanew's site, The Tennessee Holler, holds leaders to account. Kanew joins Tim Miller on the anniversary of the Nashville school shooting. Plus, an update on the bridge disaster from Baltimore Banner reporter Justin Fenton.
NBC fired Former RNC Chair Ronna Romney McDaniel shortly after it hired her. Join Federalist Editor-in-Chief Mollie Hemingway and Senior Editor David Harsanyi as they examine the partisan hackery of corporate media mouthpieces like Chuck Todd, give a rundown of Democrats' lawfare cases against former President Donald Trump, and share their opinions on culture picks including "The Gentlemen" and "Road House."
If you care about combatting the corrupt media that continues to inflict devastating damage, please give a gift to help The Federalist do the real journalism that America needs.
Cryptocurrency platorms are very popular in Nigeria, so why have Nigerian authoraties clamped down on cryptocurrency firms? And what's going on between the firm Binance and the Nigerian government?
Also Mauritians once enjoyed a healthy economy but the Mauritian rupee has taken a hit. Why is that and what's been the impact?
And how the London based play 'For Black Boys Who Have Considered Suicide When The Hue Gets Too Heavy' is opening up conversations considered taboo, within black communities.
What is the nature of good and evil? For some, it’s a matter of shifting perspective. For others, there are absolutes – clearly defined right and wrongs, good guys and bad. In tonight's episode, the guys explore one of history’s most extreme symbols of evil: the opposite of divinity, a dark oppositional messiah – the eternal enemy of God and Jesus; known, for millennia, as the Antichrist. What exactly is this? Where did it come from, and how does its story continue to evolve in the modern day?
The latest price moves and insights with Helene Braun and Bret Kenwell, Equity and Options Analyst at eToro.
To get the show every day, follow the podcast here.
On "Markets Daily," Bret Kenwell, Equity and Options Analyst at eToro, joins Markets Daily to share insights on the impact of the end of the quarter on the crypto market and the increasing institutional allocation to Bitcoin. Helene and Bret discuss the potential for spot Bitcoin ETFs in different regions, including Hong Kong. Additionally, they explore the correlation between Bitcoin and the stock market and the potential for a Litecoin ETF.
Takeaways |
The end of the quarter can have an impact on the crypto market as investors reposition their portfolios for the next quarter.
Institutional allocation to Bitcoin is increasing, with some experts suggesting that even a 5% allocation from big institutions could lead to significant price increases.
The approval of spot Bitcoin ETFs in different regions, such as Hong Kong, can open up new opportunities for investors and drive higher demand for Bitcoin.
The correlation between Bitcoin and the stock market, particularly the NASDAQ, suggests that Bitcoin can act as a leading indicator for market movements.
Consensus 2024 is where experts convene to discuss ideas shaping our digital future. Join developers, investors, founders, brands, policymakers and more in Austin, Texas from May 29-31. The tenth annual Consensus is curated by CoinDesk to feature the industry’s most sought-after speakers, unparalleled networking opportunities and unforgettable experiences. Take 15% off registration with the code MD15.
This episode was hosted by Helene Braun. “Markets Daily” is produced and edited by senior producer Michele Musso, and executive producer Jared Schwartz alongside Senior Booker, Melissa Montañez—all original music by Doc Blust and Colin Mealey.
