Welcome to Cautious Optimism, a newsletter on tech, business, and power.
Last week in CO: Is OpenAI worth 300B? … CoreWeave succeeds … Circle’s going public! … Welcome to the New World Disorder … Big Tech faces enemies at home and abroad
Weekend links: All the apps you need to write a book … SF wants tech back … Tuberculosis is back … Protests … Meta launches Llama 4 … Weak spines …
Monday
Notable earnings: 🦗
U.S. economic events: Consumer Credit Change, Used Car Prices
Global economic events: Balance of trade (Germany), Retail Sales (Euro Area), Auto Production and Exports (Mexico), Westpac Consumer Confidence Index (Australia), Inflation Rate (Indonesia)
Tuesday
Notable earnings: 🦗
U.S. economic events: NFIB Business Optimism Index
Global economic events: Balance of Trade (France), Car Production (Brazil), RBI Interest Rate Decision (India), Consumer Confidence (Japan)
Wednesday
Notable earnings: Delta
U.S. economic events: Wholesales Inventories, Fed Barkin Speech, EIA Crude Oil Stocks Change
Global economic events: Machine Tool Orders (Japan), Inflation Rate (Mexico, China), Consumer Inflation Expectations (Australia), Unemployment Rate (South Korea)
Thursday
Notable earnings: 🦗
U.S. economic events: Inflation Rate, CPI, Jobless Claims, WASDE Report, Monthly Budget Statement
Global economic events: Industrial Production (Italy, Turkey, South Africa), Monetary Policy Meeting Minutes (Mexico), ECOFIN Meeting (Euro Area)
Friday
Notable earnings: 🦗
U.S. economic events: Core PPI, Michigan Consumer Sentiment and Inflation Expectations (preliminary)
Global economic events: Total Social Financing (China), Inflation Rate (Argentina, Brazil, India, Spain, Germany), Balance of Trade (Russia, United Kingdom)
More Crickets ! > More Cow Bell. Nice graphics.