Patrick Boyle On Finance

In the race to dominate generative AI, Big Tech firms haven’t just been building, they’ve been buying. But there’s something strange about most of the deals that they have struck. Companies like Meta, Microsoft, Amazon, Google, and Nvidia are embedding themselves deep within the AI ecosystem through strategic investments, exclusive partnerships, and talent acquisitions- with deals that stop just short of formal takeovers, but the economic impact of these deals it turns out – is indistinguishable from full control.Drayton D'Silva Substack Article: https://enterprisevalue.substack.com/if-i-did-it [https://enterprisevalue.substack.com/if-i-did-it]Patrick's Books: Statistics For The Trading Floor: https://amzn.to/3eerLA0 [https://amzn.to/3eerLA0] Derivatives For The Trading Floor: https://amzn.to/3cjsyPF [ https://amzn.to/3cjsyPF] Corporate Finance: https://amzn.to/3fn3rvC [https://amzn.to/3fn3rvC ]Ways To Support The Channel: Patreon: https://www.patreon.com/PatrickBoyleOnFinance [https://www.patreon.com/PatrickBoyleOnFinance] Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyle

Patrick Boyle, a former Wall Street trader, rates the biggest finance movies like "The Wolf of Wall Street," "The Big Short," "Rogue Trader" and "American Psycho" for realism.Patrick's Books: Statistics For The Trading Floor: https://amzn.to/3eerLA0 [ https://amzn.to/3eerLA0] Derivatives For The Trading Floor: https://amzn.to/3cjsyPF [https://amzn.to/3cjsyPF] Corporate Finance: https://amzn.to/3fn3rvC [https://amzn.to/3fn3rvC ]Ways To Support The Channel: Patreon: https://www.patreon.com/PatrickBoyleOnFinance [https://www.patreon.com/PatrickBoyleOnFinance] Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyleVisit our website: https://www.onfinance.org Follow Patrick on Twitter Here: https://bsky.app/profile/pboyle.bsky.socialBusiness Inquiries ➡️ sponsors@onfinance.org

As the Senate decides on Donald Trump’s One Big Beautiful Budget, a lesser-known provision tucked into the House-approved bill has drawn attention from Wall Street.The measure, known as Section 899, would allow the U.S. to add a new tax of up to 20% on foreigners with U.S. investments, including multinational companies operating in the U.S.Some analysts call the provision a “revenge tax” due to its wording. It would apply to foreign entities if their home country imposes “unfair foreign taxes” against U.S. companies, according to the bill. Patrick's Books: Statistics For The Trading Floor: https://amzn.to/3eerLA0 [https://amzn.to/3eerLA0] Derivatives For The Trading Floor: https://amzn.to/3cjsyPF [https://amzn.to/3cjsyPF] Corporate Finance: https://amzn.to/3fn3rvC [https://amzn.to/3fn3rvC ]Ways To Support The Channel: Patreon: https://www.patreon.com/PatrickBoyleOnFinance [https://www.patreon.com/PatrickBoyleOnFinance] Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyle [https://www.buymeacoffee.com/patrickboyle]Visit our website: https://www.onfinance.orgFollow Patrick on Twitter Here: https://bsky.app/profile/pboyle.bsky.socialBusiness Inquiries ➡️ sponsors@onfinance.org [sponsors@onfinance.org]

Donald Trump and Elon Musk have been locked in a public fight after Musk spent days bashing Trump's "big, beautiful bill" — a multi-trillion dollar budget key to unlocking the president's agenda currently being voted on in the Senate. In return, the president threatened to cut the federal government's contracts with Musk's companies, including SpaceX.Patrick's Books:Statistics For The Trading Floor: https://amzn.to/3eerLA0Derivatives For The Trading Floor: https://amzn.to/3cjsyPFCorporate Finance: https://amzn.to/3fn3rvC Ways To Support The ChannelPatreon: https://www.patreon.com/PatrickBoyleOnFinanceBuy Me a Coffee: https://www.buymeacoffee.com/patrickboyleVisit our website: https://www.onfinance.orgFollow Patrick on Twitter Here: https://bsky.app/profile/pboyle.bsky.socialBusiness Inquiries ➡️ sponsors@onfinance.org

Why did the star lot of the spring season, a bronze head by the master sculptor Alberto Giacometti, fail to sell at Sotheby’s?Alberto Giacometti’s 1955 bust, “Grande tête mince" (“Big Thin Head”), carried a pre-sale estimate of $70 million in Sotheby’s Modern evening auction. The auctioneer started the bidding at $59 million dollars. But no one bid - the piece went unsold. It was the second high-profile lot to disappoint in two days. Andy Warhol’s “Big Electric Chair” (1967-68) was withdrawn from Christie’s 20th century evening auction the day before. Is the fine art market in trouble?Patrick's Books:Statistics For The Trading Floor: https://amzn.to/3eerLA0Derivatives For The Trading Floor: https://amzn.to/3cjsyPFCorporate Finance: https://amzn.to/3fn3rvC Ways To Support The ChannelPatreon: https://www.patreon.com/PatrickBoyleOnFinance [https://www.patreon.com/PatrickBoyleOnFinance]Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyleVisit our website: https://www.onfinance.orgFollow Patrick on Twitter Here: https://bsky.app/profile/pboyle.bsky.social