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In The Theory of Moral Sentiments, Adam Smith explains that we want to establish a “mutual sympathy of sentiments.” We want people to agree with our views, and we want to agree with their views. Smith first expanded on this idea—that we are constantly searching for ways to cooperate with one another—in The Theory of…
Starting the week on a bullish note, Meta Platforms (META +2.59%) stock closed 3% higher yesterday, up from its finish the previous market session. Shares of the social media stock continued their ascent today after the company provided insight into its new image-generation model. Shares of Meta closed 2.6% higher today, after retreating from an…
Smoke from massive wildfires in Canada engulf the New York City skyline, reducing visibility and casting an orange haze over the city, July 16, 2026. Selcuk Acar | Anadolu | Getty Images President Donald Trump on Friday blasted Canada for wildfires enveloping swaths of the United States in a smoky haze, and said he would…
Tthe market’s view of artificial intelligence is that one of the big winners will be the model-makers,. after all those are the people who invented it. Markets — at least private markets — have assigned huge valuations to the companies building the models, predominantly OpenAI and Anthropic. The history of great invesntions suggests investors should…
India’s primary bourse preps a landmark IPO alongside Jio, testing markets amid a global slowdown. India’s National Stock Exchange (NSE) has filed for an initial public offering with the Securities and Exchange Board of India, in what is expected to be one of the most consequential listings in the country. The official filing document revealed…