Friday Links: Reward Risk

Google

• What if Google loses its antitrust case? (thebignewsletter.com)
• Google Search now adds links to websites archived in the Internet Archive’s Wayback Machine. (theverge.com)
• How the Google and Apple app ecosystems compare. (genuineimpact.substack.com)

Companies

• May Zuck DGAF. (sherwood.news)
• Does Intel ($INTC) Need Microsoft ($MSFT) To Save It? (spyglass.org)
• MicroStrategy ($MSTR) continues to buy more Bitcoin. (theblock.co)
• Dollar stores face a number of problems. (on.ft.com)

American steel

• There is no good argument to block Nippon Steel’s purchase of US Steel ($X). (rogerlowenstein.substack.com)
• How US Steel ($X) might end up without a suitor. (theatlantic.com)

Finance

• Why Brookfield Corporation ($BN) is considering a move to New York City. (ft.com)
• Is it even possible to imagine how junior bankers work? (ft.com)

ETFs

• If the SEC approves the SPDR SSGA Apollo IG Public and Private Credit ETF, expect to see more of them. (morningstar.com)
• Single-stock ETFs are going global. (finance.yahoo.com)
• More leveraged ETFs are coming. (fa-mag.com)
• A JP Morgan Chase ($JPM) Guide to ETFs. (am.jpmorgan.com)

overall

• No matter how you slice it, the US economy looks pretty good compared to Europe. (axios.com)
• The era of Shein and Temu getting away with tariffs may soon be over. (sherwood.news)
• You can thank our immigration system for why Chinese students in the US have a hard time staying. (nytimes.com)
• What does the World Happiness Ranking actually measure? (sherwood.news)

Earlier, about Abnormal Returns

• Podcast Links: Overcoming Cynicism. (abnormalreturns.com)
• What you missed at our Thursday linkfest. (abnormalreturns.com)
• Long-form links: Dealing with trolls. (abnormalreturns.com)
• Elder financial fraud is only on the rise. Maybe AI can help you. (abnormalreturns.com)
• Renowned personal finance writer Jonathan Clements is dying. He still has a lot to learn. (abnormalreturns.com)
• Are you a financial advisor looking for out-of-the-box thinking? Then check out our weekly email newsletter. (newsletter.abnormalreturns.com)

Mixed medium

• Has online dating actually reduced search costs? (stlouisfed.org)
• The dating recession is real and has a lasting impact. (bloomberg.com)