autonomy
Posts
The Great Monetization 💸

The Great Monetization 💸

Social-Media and Money are changing Δ

autonomous
April 25, 2023

GM 🌞

Last week was relatively tame in markets and macro world. US companies are reporting stronger than expected earnings but some of the largest companies are yet to report.

That said, bets against the US Dollar continue to mount and now hedge funds are positioning against US Treasuries.

For now, the music keeps playing, let’s see how corporate earnings go this week there’s plenty to watch, McDonalds, Microsoft, UBS, Spotify, Visa, Meta, Amazon to name a few. View a full US earnings calendar here

It’s only natural that this week begins with another round of, Life Imitates Art.

In something of a Succession episode Tucker Carlson and Don Lemon were booted from their respective networks on Monday as the mainstream media race-to-the-bottom continues.

Without further ado let’s jump into the money this week 🪂

In Focus 👁️

Who’s Looking Beyond the Dollar

Hedge funds place biggest ever short on benchmark Treasuries

Zimbabwe requires $100M of gold to kick-start its proposed bullion-backed digital currency

Standard Chartered is forecasting a $100k Bitcoin rally by end-2024

LVMH is the first European company to surpass $500B in market value

Visa is hiring software engineers as it plots its ‘ambitious’ crypto product roadmap

Netflix is spending $2.5 billion on S. Korean film and TV shows.
Netflix’s co-CEO, announced the investment after meeting South Korea’s president Yoon Suk Yeol. 2021 S. Korean culture exports reached a record $12.4 billion.

Social Media Re-Conquista

Jack Dorsey-backed Bluesky has been downloaded 245,000 times by iPhone users as the invite-only.

Elon launched X, Facebook is Meta, and there are new social apps niching down into themes, demographics, and media types. Pioneers are building self-owned data platforms. In Web3 we are seeing decentralized social-media platforms like Damus.

Social-Media is undergoing it’s next phase in its conquest of the attention economy: Phase II: The Great Monetization. We’ll see who can navigate this next phase.

AI Enters the Work-Force

AI found to improve worker productivity, not surprising.

For research purposes, we are working on Chat-GPT investing assistant prompt list so we can streamline some our work.

Banks like Morgan Stanley have announced researching implementation