Podcasts about trillions

SpaceX completed the largest IPO in history, valuing Elon Musk's space exploration company at more than $2 Trillion, and making him the world's first trillionaire. It also paves the way for Anthropic and Open AI, the next trillion dollar companies to test the public markets, ushering in a new wave of massive public companies built on the dream of productivity through artificial intelligence. Gil Luria of D.A. Davidson helps us separate the dreams from the realities of how the AI economy will play out over the next decade, and which companies will survive and thrive. Plus, the World Cup kicked off billions of dollars of spending and marketing throughout North America. The Express goes inside the lines of the biggest revenue generating sporting event in history. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Monday 15 June 2026 The US and Iran are set to sign a 60-day ceasefire which will reopen the Strait of Hormuz. A growing number of local market economists believe the next move in interest rates could be down Elon Musk’s worth hits $1 trillion as Anthropic’s latest AI model is suspended because it’s too dangerous The housing market has another week to forget Qantas mulls dumping its A380s We’re running a short survey to hear from you, with the team at Fonto. It only takes a few minutes, and you can be in the running to win a $3,000 Luxury Escapes voucher. Hit follow on the podcast so you don’t miss the latest news, and join our free daily newsletter here And don’t miss the latest episode of How Do They Afford That? - property investing for passive income. Get the episode from Apple, Spotify or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

SpaceX is now publicly traded, and it's leaning heavily into space and AI. What does that mean for us humans here on earth?Today, Elon Musk's company SpaceX had a banner day in the stock market. The company is now valued at more than $2 trillion.That is, after an already record-breaking initial public offering, or IPO.That historic IPO is likely to make Musk the world's first trillionaire.And while SpaceX isn't profitable yet, investors have big expectations for the company's ambitions in space and artificial intelligence.For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org. Email us at considerthis@npr.org.This episode was produced by Alejandra Marquez Janse, with audio engineering by Ted Mebane and Becky Brown.It was edited by Courtney Dorning and Patrick Jarenwattananon. Our interim executive producer is Courtney Dorning.See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy

A veteran of three tech eras on how the innocence was lost — and whether AI actually might win it back, through what he calls "enlightened AI." Read More: www.WhoWhatWhy.org

https://www.FKNpods.comDive deep into the shadowy realm of the Pentagon's financial enigma with Paige Carter in this riveting episode of The Conspiracy Files. Despite numerous audits over the years, the Department of Defense's records have consistently shown staggering amounts of unaccounted-for funds. What implications do these missing trillions hold for national security and public trust? Through investigative analysis, uncover the historical and institutional factors that have allowed such discrepancies to persist and explore the potential hidden expenditures or systemic mismanagement cloaked under a veil of secrecy.As we unravel these mysteries, we encounter the power structures and classified programs that have institutionalized financial opacity within the Pentagon. With remarkable testimonies from insiders and auditors and a close examination of redacted documents, this episode challenges the official narrative and calls for a renewed demand for transparency and accountability. Join us as we shine a light on a complex web of financial irregularities and push for answers to one of the most significant economic puzzles in modern history.

AI is unprofitable. Companies are shoveling TRILLIONS into AI and only Nvidia is turning any kind of a profit... selling GPUs to the other companies. Amazon, Microsoft, Meta and Open AI are all losing massive amounts of money. And investors are starting to notice. In fact, the AI bubble burst might be happening as we speak... Watch the podcast episodes on YouTube and all major podcast hosts including Spotify. CLOWNFISH TV is an independent, opinionated news and commentary podcast that covers Entertainment and Tech from a consumer's point of view. We talk about Gaming, Comics, Anime, TV, Movies, Animation and more. Hosted by Kneon and Geeky Sparkles. Get more news, views and reviews on Clownfish TV News - https://more.clownfishtv.com/ On YouTube - https://www.youtube.com/c/ClownfishTV On Spotify - https://open.spotify.com/show/4Tu83D1NcCmh7K1zHIedvg On Apple Podcasts - https://podcasts.apple.com/us/podcast/clownfish-tv-audio-edition/id1726838629 MORE CLOWNFISH TV - Official Merch Store: http://ClownfishMinus.com Facebook - https://facebook.com/ClownfishTV X - https://x.com/ClownfishTVcom Clownfish TV subreddit: https://www.reddit.com/r/ClownfishTVOfficial/ Disclaimer: This series is produced by Clownfish Studios and WebReef Media, and is part of ClownfishTV.com. Opinions expressed by our contributors do not necessarily reflect the views of our guests, affiliates, sponsors, or advertisers. ClownfishTV.com is an unofficial news source and has no connection to any company that we may cover. This channel and website and the content made available through this site are for educational, entertainment and informational purposes only. These so-called “fair uses” are permitted even if the use of the work would otherwise be infringing. #Tech #AI #Podcast #Commentary #News #Reaction #Gaming #Comedy #Entertainment #Hollywood #PopCulture #Tech #Anime #FYP Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Google wants federal approval to dump 32 million lab‑bred mosquitoes into California and Florida over two years, using bacteria‑infected males to crash local mosquito populations and raising big questions about consent, unintended consequences and weaponizing bugs in the future

The energy transition conversation focuses on what connects to the grid. Far less attention goes to whether anyone is coordinating what those assets do once connected. AI training runs swing hundreds of megawatts in seconds as GPUs checkpoint and restart a profile that looks like a generator tripping offline. At distribution level, millions of inverter-based resources create localised variability that overwhelms individual circuits even when aggregate models look healthy. The planning tools in use today were designed for neither problem.Host Bridget van Dorsten is joined by Kay Aikin, CEO and Founder of Dynamic Grid, energy engineer, grid architecture advisor to the DOE-supported GridWise Architecture Council, and contributor to the UN Environmental Program's building decarbonisation work. Kay unpacks what an AI training facility actually does to the grid with full GPU load for hours or days, then a drop to ten percent in seconds during checkpointing. She talks about how at the scale now planned, the Stargate project in Texas alone could represent ten percent of ERCOT disappearing in four seconds. The behaviour is stochastic and cannot be modelled with traditional statistical tools. At distribution level, virtual power plants responding to wholesale signals without circuit-level visibility can create competing oscillations, the kind of emergent dynamics that contributed to the Spanish grid failure.The proposed fix is an AI controller at the substation, sending price-based signals and flexible operating envelopes to large assets and VPP operators, giving them twenty-four-hour forecasts and real-time circuit visibility. Total cost: under a hundred thousand dollars installed. The reason it isn't everywhere is cost-of-service regulation. Utilities earn returns on deployed capital, so a million-dollar transformer replacement is more profitable than software that eliminates the need for it.Without new approaches, rebuilding the US distribution grid could cost up to ten trillion dollars by 2040. Kay is developing grid utilisation metrics with regulators in Maine, Virginia, and Maryland to incentivise extracting more from existing infrastructure. The episode closes on the need for distribution system operators and the affordability death spiral that looms if the structural incentives don't shift. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Paulo sits down in person at Insignia's Singapore office with Yam Ki Chan, Managing Director, Asia Pacific at Circle. The conversation maps Yam Ki's vantage point at the intersection of finance, technology, and policy, from his years negotiating for the U.S. government on the G20 and G7, through Google Pay and Google Cloud, to leading Circle's regional buildout. He unpacks how stablecoins are upgrading the underlying rails of global finance, why Asia's trade-exposed economies are uniquely positioned to benefit, and what becomes possible when treasury, trade financing, settlement, and even micro-payments can clear 24/7 in seconds. The discussion closes with a candid view on the policy landscape across Singapore, Hong Kong, Japan, and Korea, and a builder's outlook on the trifecta now reshaping the digital economy: AI, stablecoins, and tokenization.Timestamps(0:00): Introduction(1:37): A Career Across Policy, Tech, and Finance(3:50): IPO Milestones and the Journey to Trillions(5:39): Asia Adoption Playbook(8:52): Real-World USDC Use Cases(11:40): Upgrading Financial Rails(13:56): Circle's Full-Stack Platform(17:00): Treasury, VC, and Programmable Money(20:59): Programmable Money and the Bigger Opportunity(26:13): Southeast Asia's Role in Stablecoin Adoption(30:00): Policy Outlook Across Asia(33:00): A Closing Note for BuildersAbout our guestYam Ki Chan is the Managing Director, Asia Pacific at Circle (NYSE: CRCL), where he is responsible for the company's business and strategy in the region. He leads a team driving partnerships and market expansion across Asia, and also serves as Managing Director of Circle Singapore. In his time at Circle, he has overseen the enablement of USDC in Japan — the first stablecoin recognized in the country.Before Circle, Yam Ki spent six years at Google, holding strategy & operations and public policy roles across Google Payments and Google Cloud, where he worked on partnership strategy, market launches, and government affairs in Asia-Pacific. Prior to Google, he served as a Director at the White House National Security Council, where he coordinated the interagency process on U.S. economic strategy in Asia and was a member of the U.S. negotiations team for the G-20 and G-7. Before joining the NSC, he worked at the U.S. Department of the Treasury in the Office of the U.S.–China Strategic and Economic Dialogue and the Committee on Foreign Investment in the United States. Earlier in his career, he was in technology investment banking at Jefferies in Silicon Valley.He holds a Master of International Affairs from Columbia University and a Bachelor's degree in Economics from Carleton College.Directed by Paulo JoquiñoProduced by Paulo JoquiñoFollow us on LinkedIn for more updatesThe content of this podcast is for informational purposes only, should not be taken as legal, tax, or business advice or be used to evaluate any investment or security, and is not directed at any investors or potential investors in any Insignia Ventures fund. Any and all opinions shared in this episode are solely personal thoughts and reflections of the guest and the host.

EPISODE DESCRIPTION New revelations about federal spending are stunning Americans as reports detail trillions lost to fraud, unchecked grants, and massive government overpayments. Tara and Lee break down the shocking numbers, the Biden-era programs now under investigation, and why the Trump administration says it's clawing back taxpayer money before it disappears forever. From welfare fraud to DEI grants and explosive accusations surrounding IRS expansion, this episode dives deep into what could become one of the biggest government accountability stories in modern American history. SHORT CLICKABLE TITLE OPTIONS $3 TRILLION Gone?! The Biggest Fraud in U.S. History Biden's Grant Machine EXPOSED Trump Finds BILLIONS Missing IRS Expansion Had a Hidden Purpose? The Government Spending Scandal Nobody Can Explain THUMBNAIL TEXT OPTIONS $3 TRILLION?! WHERE DID IT GO? FRAUD EXPOSED TAXPAYERS ROBBED? THEY NEVER CHECKED BILLIONS VANISHED KEY TALKING POINTS Reports claim federal fraud totals may exceed $3 trillion Discussion of Biden-era grant distribution programs Concerns over welfare overpayments and accountability failures Debate over DEI and renewable energy grant spending Trump administration implementing E-Verify reviews IRS expansion controversy revisited Taxpayer surveillance concerns involving Venmo and PayPal reporting Discussion about future elections and government reform SEO KEYWORDS government fraud, Biden grants, Trump administration, IRS expansion, welfare fraud, taxpayer money, federal grants, DEI spending, government accountability, New York Post, federal waste, tax cuts, JD Vance, political corruption, government overspending

Host Brian Walsh takes up ImpactAlpha's top stories with editor Amy Cortese. Up this week: Two different approaches that impact investors are taking to address Big Tech's AI data center buildout; who wins when access to private equity is opened up to American retirees; and, how 2x is spurring a global race to the top in gender-lens investing.To try ImpactAlpha Edge, ⁠⁠⁠⁠click here⁠⁠⁠⁠. This week's stories:“Investors must push for transparency on AI's water risks,” by Ceres' Kirsten James."Elemental Impact teams with hyperscalers to deploy clean tech solutions," by Amy Cortese.“In the name of ‘democratization,' private equity firms eye US retirement savings,” by Isaac Silk and Amy CorteseSubscribe to Impact(ed) on Spotify, Apple or wherever you listen.“Spurring a global race to the top in gender-lens investing,” by David Bank

Host Brian Walsh takes up ImpactAlpha's top stories with editor Amy Cortese. Up this week: Two different approaches that impact investors are taking to address Big Tech's AI data center buildout; who wins when access to private equity is opened up to American retirees; and, how 2x is spurring a global race to the top in gender-lens investing.To try ImpactAlpha Edge, ⁠⁠⁠⁠⁠click here⁠⁠⁠⁠⁠. This week's stories:“⁠Investors must push for transparency on AI's water risks⁠,” by Ceres' Kirsten James."⁠Elemental Impact teams with hyperscalers to deploy clean tech solutions⁠," by Amy Cortese.“⁠In the name of ‘democratization,' private equity firms eye US retirement savings⁠,” by Isaac Silk and Amy CorteseSubscribe to Impact(ed) on ⁠Spotify⁠, ⁠Apple⁠ or wherever you listen.“⁠Spurring a global race to the top in gender-lens investing⁠,” by David Bank

DESCRIPTION Today's broadcast dives into explosive new allegations of government waste, fraud, and abuse uncovered by the Trump administration and DOGE investigators. Tara and Lee break down jaw-dropping figures involving welfare overpayments, fraudulent SBA loans, fake nonprofits, Medicaid abuse, and taxpayer-funded NGO schemes that allegedly siphoned hundreds of billions from the federal government. The show also covers California legislation critics say would criminalize investigative journalism targeting nonprofit fraud, plus growing outrage over activist groups receiving taxpayer money while journalists and whistleblowers face intimidation. SUMMARY This episode focuses on the Trump administration's aggressive anti-fraud campaign and the staggering amounts of taxpayer money allegedly lost through government programs over the last two decades. Tara highlights claims that trillions may have been stolen through welfare fraud, Medicaid abuse, fake nonprofit organizations, and fraudulent COVID-era SBA loans. The conversation also examines the political implications of the crackdown, including accusations that Democratic officials ignored or protected fraud networks tied to activist organizations and NGOs. Tara argues new legislation in California targeting citizen journalists and nonprofit investigations reflects growing panic among political elites as public scrutiny intensifies. The show closes with discussion about DOGE operations continuing behind the scenes, federal prosecutions expanding nationwide, and the broader debate over government accountability and taxpayer transparency. KEY TOPICS DOGE fraud investigations SBA loan fraud allegations Medicaid and welfare overpayments NGO funding controversy California journalism legislation Government waste and abuse Federal fraud prosecutions Immigration nonprofit scrutiny Biden administration oversight criticism Trump administration anti-fraud efforts SEGMENT HIGHLIGHTS “DOGE Never Went Away” Tara discusses claims that DOGE investigators are still actively uncovering major fraud operations inside federal agencies. “$186 Billion In Overpayments” Breakdown of massive welfare and Medicaid overpayment figures reportedly tied to ineligible recipients. “The $200 Billion SBA Bombshell” Reaction to new allegations involving fraudulent PPP and SBA loan programs. “California's War On Citizen Journalists” Discussion about controversial legislation critics say would punish investigative reporting targeting nonprofit misconduct. “The NGO Money Pipeline” Tara explains claims that taxpayer money was routed through activist organizations and nonprofits with little federal oversight. QUOTE OF THE DAY “They are trying to criminalize journalism because the fraud is finally being exposed.” SOCIAL MEDIA TEASER Every day brings another MASSIVE fraud revelation. Tara breaks down the exploding DOGE investigations, billions in alleged government waste, California's push to silence citizen journalists, and why Democrats are panicking as prosecutions ramp up.

Our guest this episode is Robin Wigglesworth, the editor of Alphaville, the FT's financial blog. He leads a team of three other writers in London and New York that dig into anything deeply nerdy or plain delightful that they spot in markets, business, or the global economy. He joined the FT from Bloomberg News in 2008. Robin is the author of Trillions, published in 2021, a book on the past, present, and future of passive investing and how it is reshaping financial markets. His new book, A Fabulous Debt, will be published in the fall.   Rick Ferri, a long-time Boglehead and investment adviser, hosts this episode. The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The organization supports a free forum at Bogleheads.org, and the wiki site is Bogleheads® wiki.    Since 2000, the Bogleheads have held national conferences in major cities across the country. In addition, local Chapters and foreign Chapters meet regularly, and new Chapters form periodically. All Bogleheads activities are coordinated by volunteers who contribute their time and talent.   This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012. Your tax-deductible donation to the Bogle Center is appreciated.

Interview recorded - 11th of May, 2026On this episode of the WTFinance podcast I had the pleasure of welcoming on Simon Dixon. Simon Dixon is a former investment banker, geopolitical and financial analyst, and co-founder of BnkToTheFuture, which has facilitated over $2.5 billion in investments into more than 100 companies including Coinbase, Kraken, and Robinhood. He has spent nearly two decades applying a follow the money lens to the forces reshaping the global economy.During our conversation Simon spoke about how the financial system shapes the world, end of the US Empire, PetroYuan on the horizon, emergence of a multipolarity financial system and more. I hope you enjoy!0:00 - Introduction3:21 - Financial System shapes the world11:31 - System beginning18:00 - End of US empire21:40 - PetroYuan25:58 - Next empire?29:17 - Multipolarity finance31:52 - AI36:15 - One message to takeawaySimon is the CEO and Co-Founder of Bnk To The Future, a platform dedicated to helping people build and protect their Bitcoin wealth. He authored Bank To The Future – Protect Your Future Before Governments Go Bust, the first published book to include Bitcoin.Simon left investment banking in 2006 to campaign for monetary reform and discovered Bitcoin when it was just $3. Since then, he's focused on empowering people to prepare for a rapidly evolving financial world, investing early in companies shaping the Bitcoin ecosystem, such as Coinbase, Kraken, Bitfinex, BitPay, Ripple, Robinhood, and others.Every Friday, he hosts BitcoinHardTalk live on YouTube and X, discussing Bitcoin, macroeconomics, and geopolitics. Simon Dixon - YouTube -  @SimonDixon21  Website - https://www.simondixon.com/X - https://x.com/SimonDixonTwittWTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas

Iran war could hit trillionsBillionaires buy our electionsCruz reveals Social Security plotFEMA scrappedCDC fired before hantavirusCNN shocked Americans actually want rich taxedSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Over the last year, as its CEO Sam Altman preached a gospel of insatiable compute, OpenAI has created a web of deals that tie a meaningful chunk of Silicon Valley's AI buildout to its own trajectory. Big names like Nvidia, Oracle and SoftBank have all inked infrastructure contracts with the ChatGPT maker, but there is one company perched further out on a limb than the rest: CoreWeave, an AI cloud company with a roughly $60 billion market cap. The Wall Street Journal reported Monday that OpenAI missed internal projections for revenue and user growth. It claimed OpenAI CFO Sarah Friar is worried the company may not be able to pay for future computing contracts. If that's even directionally right, it will land hardest on CoreWeave—which counts OpenAI as one of its biggest customers and has borrowed more than $40 billion in mostly high-interest debt used to finance GPUs and data centers. CoreWeave's view, at least publicly: it can ride out turbulence as long as demand for AI compute keeps outrunning supply. "OpenAI is a terrific partner, but not our only one,” a CoreWeave spokesperson said, namechecking other big-name customers including Meta, Anthropic, Microsoft and Google. “As more companies build and deploy AI, demand for compute continues to grow. We continue to see demand exceed supply across the AI ecosystem.” Problem is: that “AI ecosystem” is not a broad-based consumer market so much as a coterie of spenders writing very large checks. Trillions of dollars' worth of infrastructure commitments are concentrated in a few places: big tech balance sheets (Oracle, Meta, Microsoft and Nvidia) and a handful of newer entrants that buy AI capacity and then rent it out (like CoreWeave, Nebius and Nscale). CoreWeave's model—buy GPUs, spin up data centers, lease the capacity to labs—turns that concentration into both opportunity and fragility. By Phoebe Liu, Reporter Richard Nieva, Senior Writer. Learn more about your ad choices. Visit megaphone.fm/adchoices

Today, a look at US market performance behaving very differently yesterday as some software names got a big boost on an otherwise negative day, in part on DataDog's earnings result. Also, an interesting geopolitical signal comes out of Greenland, while there is plenty to talk about in macro and FX even if FX volatility remains restrained, waiting for US jobs data and next week's critical Trump-Xi summit. This and more on today's pod, which is hosted by Saxo Global Head of Macro Strategy John J. Hardy. Links discussed on today's show: The Goldman Sachs research report on "Tracking the Trillions" in AI spending - very thorough look at many of the issues in understanding the risks in the assumptions about chip lifespan and much more. An X post that looks at how the massive cap-ex spend on AI will drive S&P 500 earnings projections through next year, even if balance sheets are less robust on the other side. Craig Tindale's massive work on how we are looking at climate change risks in the wrong way, with risks of ugly feedback loops in key systems that could accelerate change in ways the generalist models aren't.   About twice per week, you will find links discussed on the podcast and a chart-of-the-day over at the John J. Hardy substack. Read daily in-depth market updates from the Saxo Market Call and the Saxo Strategy Team here. Please reach out to us at marketcall@saxobank.com for feedback and questions. Click here to open an account with Saxo. Intro music by AShamaluevMusic DISCLAIMER This content is marketing material. Trading financial instruments carries risks. Always ensure that you understand these risks before trading. This material does not contain investment advice or an encouragement to invest in a particular manner. Historic performance is not a guarantee of future results. The instrument(s) referenced in this content may be issued by a partner, from whom Saxo Bank A/S receives promotional fees, payment or retrocessions. While Saxo may receive compensation from these partnerships, all content is created with the aim of providing clients with valuable information and options.

Welcome back to the Alt Goes Mainstream podcast.We were live from iCapital Connect's conference in Phoenix, where we sat down with some of the industry's leaders across asset management and wealth management.Hartley Rogers is a pioneer in private markets. He is the Executive Co-Chairman of Hamilton Lane, where he plays a significant role in investing and client relationship activities, as well as in strategic and organizational development. He is a Member of the Investment Committees and is the Chairman of the Board of Directors. Prior to joining Hamilton Lane in 2003, Hartley was a Managing Director in the private equity fund management areas at Morgan Stanley and at Credit Suisse. He started his career on Wall Street in 1981.This was a thoroughly fascinating conversation. Hartley's wealth of knowledge made for a nuanced discussion that married the evolution of the business of asset management with why and how product structure innovation has unfolded as it has in private markets. We also dove into an area that is Hartley's passion: venture and the innovation economy.We covered:Hamilton Lane's evolution scaling from 50 people in a single office to 800 people across 22 offices.The transformation from investment consulting into a solutions provider and asset manager for investors.The importance of data, tools, access, and portfolio construction to manage the increasing complexity of private markets.How will the wealth channel invest in private markets?The misconceptions of evergreens being “ATMs.”What is the “special sauce” in constructing an evergreen portfolio?How secondaries can help feed the evergreen fund engine.What defines a manager's edge.What private markets strategies excite Hartley.I'm really excited to share this conversation with you all, as it's equal parts invigorating and informative.Thanks Hartley for sharing your wisdom, expertise, and passion about private markets.Show Notes00:00 Hamilton Lane -Then and Now03:55 Hartley's Origin Story04:39 Hamilton Lane's Consulting Roots04:57 From Consulting to OCIO Partner05:15 Scaling Changed the Job06:53 Why Clients Still Need Help07:15 Trillions in Private Markets07:44 Mega-Managers and Complements08:56 Finding Smaller Manager Alpha09:20 Middle Market Opportunity09:47 Why Companies Stay Private10:56 Churn and New Entrants11:17 GP Skillset Has Expanded11:51 From Leverage to Operations12:02 Data Transforms Underwriting12:43 Hamilton Lane Data Advantage13:33 Secondaries and Evergreen Rise14:04 Evergreen Design and Liquidity14:40 Why The Wealth Channel Prefers Evergreens15:41 Evergreen Diversification Needs16:47 Allocating Core vs Satellite18:44 Evergreens Evolve Like ETFs34:27 ClosingA Word from Our Sponsor, UltimusThis episode of Alt Goes Mainstream is brought to you by Ultimus, the full-service fund administrator and transfer agent powering asset managers in private and public markets. As alts go mainstream, you need real expertise to handle complex fund structures, connect with key distribution partners, and handle sophisticated compliance, reporting, and transparency demands.That's Ultimus: high-tech, high-touch solutions for over 450 clients and 2,500 funds with $775B in assets under administration. Backed by an expert team of over 1,200 employees, they place client service at the core of their business, helping you navigate complexity during your fund structuring or launch and then supporting you through every stage of growth. Whether you're already in the market or thinking about entering private wealth, you can trust their team's deep expertise in retail alternatives to help you reach your goals.Learn more at ultimusfundsolutions.com or email info@ultimusfundsolutions.com.We thank Ultimus for their support of alts going mainstream.Hamilton Lane Disclaimer: The views expressed herein are those of the speaker as of the date of recording and are subject to change. This content is for informational and educational purposes only and does not constitute investment advice, an offer to sell, or a solicitation of an offer to buy any security or investment product.

An island nation only one-third the size of Virginia, Taiwan produces more than 90 percent of the world's most advanced chips and more than 90 percent of the servers powering the AI revolution. And last year, Taiwan became the United States' fourth-largest trading partner—after Mexico, Canada, and China.More than one-fifth of global maritime trade goes through the Taiwan Strait, according to a Center for Strategic and International Studies analysis, and any conflict over Taiwan would be devastating for the global economy—and likely far worse than the economic disruptions caused by the Iran War.Chinese leader Xi Jinping has told the People's Liberation Army (PLA) to be ready for a successful Taiwan invasion by 2027, the PLA's 100th anniversary.In this episode, I sit down with Taiwan's representative to the United States, Ambassador Alexander Yui, to understand why Taiwan matters and what's at stake as the Chinese Communist Party has ramped up its campaign to isolate, intimidate, and encircle Taiwan in recent years.Taiwanese President Lai Ching-te's recent visit to Eswatini—Taiwan's only African ally—had to be abruptly postponed when Seychelles, Madagascar, and Mauritius revoked overflight permissions—presumably due to pressure from Beijing.“They are constantly harassing our naval and air surroundings, trying to create panic and uneasiness,” Yui says.Since 2013, Beijing has built more than two dozen militarized outposts in disputed waters in the South China Sea and has recently been militarizing yet another artificial island known as Antelope Reef.Views expressed in this video are opinions of the host and the guest, and do not necessarily reflect the views of The Epoch Times.

In Episode 29 of The ₿roadcast, Bram Kanstein, Michael Tanguma, and special guest Joe Consorti break down the most important Bitcoin and macro developments from the past few weeks.00:00 - Intro & Welcoming Joe Consorti00:33 - Powell Leaves the Fed in Chaos07:30 - AI Deflation & the Fed-Treasury Trap12:22 - Bitcoin as Outside Money16:02 - Czech National Bank & Sovereign Game Theory26:29 - ARMA, Gold Sales & the Mar-a-Lago Setup31:13 - Wall Street Packing Their Bags34:39 - The Stretch Debate42:52 - Iran, $120 Oil & the Wrong Fed Call44:59 - The Lag: Sovereigns, Stripe & Agentic Payments57:39 - Save in Bitcoin, Spend in DollarsThe ₿roadcast: Bitcoin culture meets Business & Finance. We catch up LIVE on news, tweets, videos, charts, trends, and other Bitcoin related content that stood out to us in the past two weeks ⚡️ Published on Saturday at 9AM EST / 3PM CET.

Trillions of dollars worth of goods move around the planet every year, and a shocking amount is lost, spoiled, or discarded. That wasted food, medicine, and equipment isn't just a business problem; it's a massive, underappreciated climate problem.This week on Everybody in the Pool, Molly talks with Krenar Komoni, CEO and founder of Tive, a supply chain visibility company that helps businesses track and monitor shipments in real time. What started as a GPS tracker for his father-in-law's trucking company has grown into one of the fastest-growing companies in supply chain tech. Tive's small-but-mighty trackers don't just follow a shipment's location — they also monitor temperature, light, and shock along the way, helping businesses intervene before a load of strawberries (or a shipment of vaccines) becomes a very expensive, very wasteful problem.We talk about:Why real-time shipment visibility is a key ingredient in creating a greener supply chainHow temperature monitoring can save hundreds of thousands of dollars of food and medicine from going to wasteWhat "permanent disruption" and climate change means for global supply chainsHow route data is helping companies find faster, more fuel-efficient paths they didn't know existedTive's commitment to sustainability in its own products, including lithium-free trackers and a tracker recycling programWhy AI agents will be hungry for real-time supply chain data, and what that could unlock for global efficiencyKrenar's 10-year vision: tracking 5-10% of all global shipments (and why that would be a very big deal)Links:Tive: https://www.tive.com/All episodes: https://www.everybodyinthepool.com/Join our Discord! https://discord.gg/2EsDhwQC2zSubscribe to the Everybody in the Pool newsletter: https://www.mollywood.co/Become a member for the ad-free version of the show: https://everybodyinthepool.supercast.com/ Hosted on Acast. See acast.com/privacy for more information.

Twelve official definitions for R&D. Zero agreement. The US government publishes at least a dozen distinct official definitions across agencies, accounting standards, tax authorities, and international bodies. Not one agrees with the others on where research ends and development begins. Trillions of dollars flow through R&D budgets every year. Boards approve them. Investors evaluate them. Governments subsidize them. Analysts benchmark them. And the term at the center of all of it has no settled definition. A company can gut its research investment without triggering a single alarm on its income statement. Researchers who gained rare access to confidential federal R&D data found exactly this: when companies face financial pressure, they cut research while leaving development essentially untouched, and the combined number barely moves. Every benchmark, every board conversation, every investment thesis built around the R&D line may be built on sand. Innovation, ideas made real, requires both. Research is how you find the idea. Development is how you make it real. Strip out the research and you're not innovating, you're iterating on what already exists. Strip out the development and you're just experimenting. The problem is that nobody in the room knows which one they're actually funding, because the definition that would tell them doesn't exist. Someone needs to draw the line. This episode is about why nobody has, and the definition I think should replace the chaos. By the end, I'm going to put that definition in front of you and ask you to push back on it. Not to agree. To tell me where it breaks. How We Got Here Four institutions took a run at defining R&D. Each one got it right for their own purposes. None of them got it right for yours. Frascati: Built for Governments In June 1963, OECD economists met at a villa in Frascati, Italy, south of Rome, and produced what became the international standard for measuring R&D across nations. Now in its seventh edition. The Frascati Manual divides R&D into three tiers: basic research (theoretical work with no application in view), applied research (original investigation toward a specific practical objective), and experimental development (using existing knowledge to produce new products or processes). To qualify, an activity must be novel, creative, uncertain in outcome, systematic, and transferable. Used by governments across roughly 75 countries. Solid for what it was designed to do: let nations compare R&D investment on consistent terms. What Frascati cannot tell you: whether a specific company's spending is creating competitive advantage. It counts the type of activity. It doesn't assess what the activity produces for the organization doing the spending. A company can satisfy every Frascati criterion investigating something every competitor already knows. The knowledge is new to them. That is enough. The accountants drew a different line, for a different reason, with a different consequence. FASB: Built for Accountants In October 1974, the Financial Accounting Standards Board issued Statement No. 2, Accounting for Research and Development Costs, now codified as Topic 730. Every public company filing under US GAAP operates under it. The rule: all R&D costs expensed as incurred. Research, development, basic, applied: one line on the income statement. Their definition: research is a planned search aimed at discovery of new knowledge. Development is the translation of research findings into a plan or design for a new product. The rationale is explicit in the original standard. Future benefits from R&D are, in FASB's language, "at best uncertain." Expense everything immediately. The standard solved the problem it was asked to solve, which was accounting treatment: when to recognize the cost, not whether the cost was strategically sound. The consequence: sustaining engineering, feature maintenance, and incremental product updates all land on the same line as genuine exploratory research. Nobody looking at the income statement from outside can see the difference. The number is technically accurate and analytically opaque. Abraham Briloff, the late accounting professor at Baruch College, put it plainly: "Accounting statements are like bikinis. What they show is interesting, but what they conceal is significant." He was talking about financial reporting broadly. He could have been writing specifically about the R&D line. Researchers at Duke and London Business School spent years tracking corporate scientific output and found that it declined steadily across industries even as headline R&D spending kept rising. The combined number was hiding a substitution. Nobody on the outside could see it. Outside the United States, a different standard governs, and it creates a comparison problem most analysts never account for. IFRS: Built for International Investors IAS 38 governs R&D under IFRS, and its treatment differs from FASB in one significant way. Research costs are always expensed, same as FASB. But development costs can be capitalized as an asset on the balance sheet once a company can demonstrate technical feasibility, intent to complete, ability to use or sell the result, likely future economic benefit, adequate resources, and reliable cost measurement. A European company that capitalizes its development phase carries those costs as an asset: lower expenses in the period, higher total assets. An identical US company expensing everything under FASB takes the full hit immediately: higher expenses, lower assets. Same underlying investment. Incomparable financial pictures. Run the standard industry benchmark, R&D as a percentage of revenue, and you may conclude the US company is investing more aggressively. You may be comparing the same dollar invested under two different accounting regimes. Roughly 169 jurisdictions use IFRS. The United States does not. India uses an adapted version. Japan maintains its own standards board. The benchmark the industry trusts most is meaningless for cross-border comparison, and almost nobody says so. Section 174: Built for Tax Authorities The Internal Revenue Code adds another layer. Section 174 governs the deductibility of what the US tax authority calls "research or experimental expenditures," and the definition is not the same as FASB Topic 730. A company's R&D for tax purposes and its R&D for financial reporting can cover different activities and produce different numbers. The Tax Cuts and Jobs Act of 2017 tightened this further: domestic R&D expenses that were previously deductible immediately now must be amortized over five years, international over fifteen. The definition of what qualifies shifted when the timing rules changed. Within one country, one company, three definitional regimes apply simultaneously: Frascati for any government reporting, FASB for the income statement, and Section 174 for taxes. A single dollar of R&D spending can be classified three different ways depending on who's asking. The Gap None of Them Fill Four frameworks, built by four institutions, for four different purposes. Not one was built for the question that actually matters. Is this investment creating new knowledge that gives us a capability nobody else can easily replicate? The gap between them is where innovation decisions actually live. The National Science Foundation recognized the problem clearly enough that it publishes a separate annotated document just to catalog the competing definitions, because they're too inconsistent to assume any two readers are using the same one. That gap isn't an oversight. It's a structural consequence of four institutions doing their own jobs well. The question practitioners need answered was nobody's institutional job. You've been in the room. The R&D number is on the slide. Nobody asks what's inside it, because the accounting standard doesn't require an answer, and the room has learned not to expect one. So it went unanswered. Until now. A Better Definition for R&D Research is work directed at creating new knowledge where the outcome is genuinely uncertain and the knowledge cannot be readily obtained from existing sources. Development is the translation of that knowledge into products, services, or processes that meaningfully advance an organization's capability in ways competitors cannot easily replicate. Four elements define it: Genuinely uncertain outcome. If you know what you're going to get before the work starts, it's engineering execution, not research. The uncertainty doesn't have to be total. Most applied research has a likely direction. But there has to be real doubt about whether the approach works, whether the knowledge emerges. Cannot be obtained from existing sources. This is the one nobody puts in writing. If the knowledge is already in the literature, available from a consulting engagement, or present in a competitor's published work, finding it again isn't research. Generating new knowledge and capturing existing knowledge are different activities. Only one belongs here. This criterion alone would reclassify a significant portion of what companies currently call R&D. Advances capability competitors cannot easily replicate. Development only qualifies when it translates research into something that genuinely moves the organization forward competitively. Sustaining engineering doesn't pass it. Feature parity doesn't. Competitive catch-up doesn't. All real work, none of it development under this definition. Agnostic to accounting jurisdiction. This definition doesn't tell you how to expense or capitalize anything. That's already governed by whichever standard applies. What it does is establish what genuinely belongs in each category, regardless of where the company files. That makes it usable across FASB and IFRS companies without translation. There is a simpler way to put it. For any project in your R&D budget, ask two questions. First: are we creating new knowledge, or executing against something we already know? If you're executing, it's not research. Second: does this translate into a capability competitors cannot easily replicate? If not, it's not development either. It's product engineering, valuable and necessary, but a different budget category entirely. Three buckets: Research, Development, and Product Engineering. That taxonomy, applied honestly across a typical portfolio, would reclassify a significant share of what most companies are currently reporting as R&D. The Call I'm not asking FASB to rewrite Topic 730. What I am asking: that the people who actually make innovation decisions start applying a definition built for the question they're trying to answer. If you run an R&D function: apply this definition to your current portfolio. Not to change the accounting. To see what's actually in the category and what isn't. The gap between what your budget calls R&D and what this definition calls R&D will tell you something worth knowing. If you sit on a board: ask what portion of the R&D line is directed at new knowledge creation versus sustaining existing products. If no one in the room can answer, you're governing a number you don't understand. And if you think the definition is wrong, tell me. Where should the line be drawn differently? What element doesn't hold? What did I miss? That's not a polite invitation. That's the actual point of this episode. Definitions become standards when enough serious people apply them consistently and make the case until the institutions catch up. The four frameworks we inherited were each built by an institution serving its own purpose. This one is built for the people making the decisions. The most consequential line in any company's budget is the one separating what builds the future from what protects the present. Nobody drew it clearly. It's past time someone did. The idea was never the hard part. It never is. The call is. If this episode shifted something for you, subscribe wherever you listen to podcasts. On YouTube, hit subscribe and the bell so you don't miss the next one. And if you want to go deeper every Monday, Studio Notes is free at philmckinney.com. Until next time. See the pattern. Make the call. The Innovators Studio | philmckinney.com

Adrian W. J. Fritz says the next one will be led by tokens that look like businesses. He joins The Rollup to break down ETF flows, the AI trade, and what institutions actually want from digital assets.Adrian W. J. Fritz is the Chief Investment Officer at 21Shares, one of the world's largest digital asset ETP issuers with nearly eight years of experience navigating bull and bear markets across global markets.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro01:00 Adrian's Background03:28 Big Four Asset Thesis05:00 Classifying Digital Assets08:11 Bitcoin $730K Reaction09:00 ETH Productive Money Thesis11:26 Quantum Risk From Institutions13:07 Four Year Cycle Nuance15:05 Stablecoin Supply At Highs16:40 ETF Flows In Europe18:46 UK Retail Ban Lifted19:30 Ucits & Crypto ETFs21:02 Passive vs. Active Products23:14 DeFi Exploits & Institutions25:11 On-Chain Finance26:28 AI Trade & Crypto Apathy29:22 Capital Rotation To Digital Assets30:32 Show Me The Money Era33:14 Next Cycle Led By Revenue35:37 21Shares Focus For 2026Website: https://therollup.co/Spotify: https://open.spotify.com/show/1P6ZeYd...Podcast: https://therollup.co/category/podcastFollow us on X: https://www.x.com/therollupcoFollow Rob on X: https://x.com/robbieklagesFollow Andy on X: https://x.com/andyyyJoin our TG group: https://t.me/+TsM1CRpWFgk1NGZhThe Rollup Disclosures: https://goodidea.ventures

Today, I am honored to welcome Dr. Karen Corbin, an Associate Investigator and Obesity Program Lead at the AdventHealth Translational Research Institute, and the Founder and Chief Geek of Geeks That Speak. Her scientific career centers on human nutrition and metabolism, with a focus on uncovering the mechanisms behind individual susceptibility to metabolic diseases, including obesity, diabetes, and liver disease. A gifted scientific storyteller, Dr. Corbin founded Geeks That Speak to help scientists and fellow geeks communicate complex information in ways that are clear, compelling, and actionable. She joins us today to share her perspective on the gut microbiome and its role in women's aging. She discusses her background as a registered dietitian and research scientist, and we explore the fundamentals of the gut microbiome, metabolic health, fermentation, and metabolism, including specific metabolites such as short-chain fatty acids, bile acids, and postbiotics. We examine fiber as a critical fuel substrate, the research on its utilization, and the unique metabolic vulnerabilities women in midlife face. We also explore whether the microbiome drives insulin resistance, whether late-night eating becomes more disruptive after the age of 40, what's overhyped versus underappreciated in the wellness space, and the latest thinking on GLP-1s, fecal transplants, dysbiosis, and more. Today's conversation with Dr. Corbin is truly insightful and informative. Be sure to stay tuned all the way to the end, where she talks about upcoming research regarding a fiber-devoid diet and how protein can ferment in the colon. IN THIS EPISODE, YOU WILL LEARN: Dr. Corbin describes the colon as a dynamic ecosystem where microbes function like a community rather than the passive waste container it was once thought to be How the gut microbiome influences metabolism, immunity, and brain signaling How microbes directly influence calorie absorption and energy access What true fiber intolerance may signal Why gut health becomes increasingly important with hormonal shifts and aging How microbes and the body influence each other, impacting insulin sensitivity, metabolism, and energy use Why late-night eating becomes more metabolically disruptive as circadian rhythms and hormones shift with age How differences in metabolic pathways can cause the same foods or supplements to affect people in different ways Bio: Dr. Karen Corbin Karen Corbin, PhD, RD, is an Associate Investigator and Obesity Program Lead at the Advent Health Translational Research Institute and the Founder and Chief Geek of Geeks That Speak. Dr. Corbin's scientific career focuses on human nutrition and metabolism. She explores the mechanisms, including the gut microbiome, that drive individual susceptibility to metabolic diseases such as obesity, diabetes, and liver disease. Her overall goal is to advance clinically relevant research poised to transform patient care. Dr. Corbin is also an expert in scientific storytelling. She founded Geeks That Speak to help scientists and other “geeks” deliver complex scientific information in a way that is impactful, relevant, and inspires action. Connect with Cynthia Thurlow   Follow on X, Instagram & LinkedIn Check out Cynthia's website Submit your questions to support@cynthiathurlow.com Join other like-minded women in a supportive, nurturing community: The Midlife Pause/Cynthia Thurlow  Cynthia's Menopause Gut Book is on presale now! Cynthia's Intermittent Fasting Transformation Book The Midlife Pause Supplement Line Connect with Dr. Karen Corbin On her website LinkedIn

Tamny critiques the federal government's "command economy" response, specifically the trillions of dollars in stimulus and the Payroll Protection Program. He argues that consumption does not drive growth — investment does — and that by "hoovering up" capital from those most capable of investing and redistributing it to consumers, the government delayed natural economic recovery. The PPP propped up "the past" and prevented the necessary "creative destruction" that allows a dynamic economy to evolve. Tamny ultimately advocates for freedom as the only sustainable answer to future crises, noting that private enterprise — not government mandates — produced the vaccines in record time. (4)1918 SEATTLE

Why is Wall Street betting on crypto? On this episode of CoinDesk's Public Keys from the New York Stock Exchange, Jennifer Sanasie is joined by 250 Digital Asset Management CEO Chris Perkins to discuss his firm's acquisition by Franklin Templeton. Superstate CEO Robert Leshner and Invesco's Kathleen Wrynn break down their partnership, with Invesco becoming the investment manager of Superstate's Short Duration US Government Securities Fund (USTB). Plus, NYSE Senior Market Strategist Michael Reinking unpacks the macro environment. - Timecodes: 00:00 Welcome to Public Keys 00:32 Bitcoin Miners Pivot to AI 02:09 Franklin Templeton Expands Crypto Push with Franklin Crypto 03:00 Institutional Moment Explained 06:23 Bitcoin Psychology and Volatility 10:12 Invesco Partners with Superstate, Now Managing $900M US Treasury Fund 12:53 DeFi Utility and Collateral 14:02 Investor Appetite for 24/7 Products 15:12 Is Blockchain Tech Ready for Trillions? 17:56 BTC ETFs Snap 4-Month Outflow Streak 20:38 Macro Outlook For Week Ahead 27:22 Bitcoin to $10K? Mike McGlone's Bearish Call Has a Catch - This episode was hosted by Jennifer Sanasie.

The AI "boom" is a scam that is destroying America's land, energy, economy, and manufacturing future — while crowding out the AI we actually need. Today, I cut through the "chat slop" to define what AI actually is — and what it isn't. I break down the critical difference between the insolvent, land-destroying pursuit of artificial general intelligence and the real, low-latency "edge computing" that could actually rebuild American manufacturing, revolutionize agriculture, and strengthen our military. Discover why the current AI framework is the new "green energy" scam, how it threatens local zoning and power grids, and why true Austrian economics demands that we pull the plug on these government favors before the bubble bursts. The next tech revolution is the form of AI nobody is discussing. LLM chat slop, on the other hand, is the new mRNA and green energy.  Learn more about your ad choices. Visit megaphone.fm/adchoices