Allison Morrow
@amorrow.bsky.social
Journalist. Runner. Always looking for my next coffee/tattoo. Founder of the CNN Business Nightcap newsletter. Former WSJ.
Investors are bracing for the end of the AI rally. Short interest is now higher than at any other time since the fallout of the financial crisis.
Shorts are back in fashion on Wall Street | CNN Business
The most popular trade on Wall Street for the past couple of years has been a simple one: Buy Big Tech and ride the AI wave.
cnn.com
If you're recording social conversations you're a narc and a loser. Publicly shame these people. Smash the device. Do not give consent. (Gift link)
This Conversation Is Being Recorded. They All Are.
People in tech use AI apps to record and transcribe meetings, workplace chats and even dates—all in the name of productivity.
wsj.com
Last night, I published the last edition of Nightcap, the CNN Business newsletter I launched six years ago. It feels weird! But it means I'll be able to do more in-depth reporting outside the confines of a daily deadline. I'm excited, if a bit sad. www.cnn.com/newsletters/...
i think it is a solid sign of how fundamentally checked out bezos is from the actual state of american politics that he is mouthing the cliches of 20 years ago as if they are novel insights
George Pearkes@peark.es · 3mo agoThis is absolute nonsense *BEZOS: US DOESN'T HAVE A REVENUE PROBLEM, IT HAS A SPENDING ONE
1. This is super well done. 2. There's a kicker that doesn't get talked about enough: "We are making the most money we have ever made, yet we have the least financial freedom we have ever experienced."
Ariel Edwards-Levy@aedwardslevy.bsky.social · 3mo agoReally, really excited to share our new deep-dive polling on affordability and the economy -- what it means for Americans across the country (and, yes, what the potential political ramifications are.) Main story here: www.cnn.com/2026/05/12/p...
Bottom line: Nothing about this offer makes much sense, financially or strategically.
GameStop’s pursuit of eBay has analysts scratching their heads | CNN Business
It’s not just in your head: GameStop’s pursuit of eBay doesn’t seem to make a lot of sense.
cnn.com
I just think if you know me here, you should also know Hank. This is Hank.
“Try to control your propensity to use social media to make things worse outside this courtroom...perhaps you've never done that before. This would be a first. Can you agree to that?" --Judge Yvonne Gonzalez Rogers to Elon Musk, Sam Altman and Greg Brockman, per CNN's Samantha Delouya
The nail in the coffin of Millennial optimism
Allbirds shares soar 600% as it pivots from footwear to AI | CNN Business
Shares of Allbirds — the 2010s pioneer of trendy sneakers and eco-conscious Millennial retail marketing — took flight in an almost comical fashion Wednesday morning after the company announced an extr...
cnn.com
I don’t know how you run this story on a pile of evidence that amounts to “these two cryptography enthusiasts on the internet sometimes said similar things”
My Quest to Solve Bitcoin’s Great Mystery
nytimes.com
So good.
Rachel Bachman, WSJ sports reporter@realbachscore.bsky.social · 4mo agoAfter Claudia Goldin became the first woman to win a solo Nobel in economics, she got hundreds of invitations. She accepted three. One was advising WNBA players on a labor deal. She helped players land the biggest % raise in US sports history. www.wsj.com/economy/wnba...
The trailer for EVERYONE IS LYING TO YOU FOR MONEY. In select theaters starting April 17th 🍿🤑🤣
Horrifying as expected but also pretty funny at the end when Mace says "if you can't define what a woman is, you can't define what fraud is."
Aaron Rupar@atrupar.com · 5mo agoNANCY MACE: What is a woman? Have you learned that lesson? WALZ: I'm the governor of Minnesota. I'm not here to be a prop for your obsession.
The FBI director fired a dozen counterintelligence experts, days before the Iran attacks, because those people did their jobs. www.cnn.com/2026/03/03/p...
“This isn’t an AI story. It’s a workforce correction wearing an AI costume,” wrote Jason Karsh, a former Block employee, on X. Gift link:
Jack Dorsey Blamed AI for Block’s Massive Layoffs. Skeptics Aren’t Buying It.
Block—owner of payment apps, bitcoin and music streaming—grew its workforce to nearly 13,000 during the pandemic.
wsj.com
The biggest obstacle to this website's growth is that almost all of its user base goes to bed at 8 pm
"The narrative that U.S. growth was dependent on AI spending emerged early last year when the economy looked wobbly ... It was tough to shake the narrative once it took hold."
This economic idea transfixed Wall Street and Washington. It may be a mirage.
Massive investment in AI contributed “basically zero” to U.S. economic growth last year, Goldman Sachs has calculated.
washingtonpost.com
Gosh if only some economist would have warned us this would happen
A year in, it’s official: Americans, not foreigners, are paying for Trump’s tariffs | CNN Business
A new report from the Federal Reserve Bank of New York confirms what economists have long warned about: The burden of tariffs is borne almost entirely by the people living in the country that imposes ...
cnn.com
Every time one of these AI CEOs goes viral for saying the most self-serving, demonstrably false nonsense I am fascinated by how many people take it seriously.
OpenAI disbanded its mission alignment team, created in 2024 to promote the company's stated mission to ensure that artificial general intelligence benefits all of humanity, per @caseynewton.bsky.social @platformer.news.web.brid.gy
Exclusive: OpenAI disbanded its mission alignment team
Joshua Achiam will become the company's chief futurist
platformer.news
This is not a "free grocery store," it's a pop-up food bank, open for one long weekend, designed to give Polymarket some good press.
NYC’s first free grocery store opens next week—here’s everything we already know about it
Yes, it’s real: free groceries, no catch.
timeout.com
Fun fact: Yale University holds a 379-year-old “perpetual” bond, written on goat skin and issued by Hoogheemraadschap Lekdijk Bovendams, a Dutch water authority. som.yale.edu/story/2026/p...
Prof. Rouwenhorst Discusses Yale's 378 year-old Perpetual Bond with the BBC
som.yale.edu
Scoop: In a letter to lawmakers, NY AG Tish James and four DAs call out Tether and Circle for throttling law enforcement efforts to claw back funds for victims of fraud.
Stablecoin law allows crypto firms to profit from fraud, prosecutors say | CNN Business
Exclusive: Stablecoin law allows crypto firms to profit from fraud, prosecutors say
cnn.com
Instead of career journalists, we really ought to be sending Gen-Z interns with three roommates and no health insurance to cover Davos
In my “listening to Max Richter and crying while I make dinner” era, join me fam this shit rips
