VC who bet on billion-dollar AI firm shares two red flags that stop him investing in a founder
“If the first signs are just not there, I usually don’t want to waste anyone’s time,” angel investor Carles Reina shared regarding meeting with founders.
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Canada August GDP -0.3% vs 0.0% expected
- September advance estimate +0.1%
- Prior was +0.2% (revised to +0.3%)
- Goods-producing industries declined 0.6% in August
- Services-producing industries edged down 0.1%
- Flight attendant strike behind a 1.7% decline in transportation and warehousing
- Wholesale trade sector declined 1.2% in August
- Mining, quarrying, and oil and gas extraction contracted 0.7% in August
- The utilities sector contracted 2.3% as worsening drought conditions hampered hydroelectric power generation
- Retail trade up 0.9%
This article was written by Adam Button at investinglive.com.
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Gaming billionaire: Prepare for AI to ‘completely disrupt everything’ across the industry
Razer CEO Min-Liang Tan said AI can help game developers and testers — as well as players. -
‘Trump effect’ raises hopes for cannabis rally as investors bet on federal reforms, softer marijuana stance
Cannabis stocks could rally on hopes for new hemp regulations and Trump’s possible softer stance on marijuana, fueling investor optimism across the industry. -
Berkshire worries grow as Buffett’s CEO handover nears
Two months from now Warren Buffett will no longer be Berkshire’s CEO and investors appear to be getting increasingly nervous about the year-end transition. -
Interest rate backdrop supports playing offense with bonds, according to Goldman Sachs former ETF head
BondBloxx’s Tony Kelly tackles fixed income opportunities. -
Couple earns $28,000 a month but constantly fights about money: ‘Everything for me is a fire’
Edward and Ellen are quite well-off, earning $336,000 a year. But they struggle to see eye-to-eye on everyday financial decisions. -
Impactive Capital sees a structural shift creating upside for this wastewater company
Impactive Capital recently took a stake in Advanced Drainage Systems and sees earnings growth ahead that is under appreciated. -
EURUSD Technicals: EURUSD breaks to a new month low as seller take more control
The EURUSD sellers are pressing their advantage with a break below the 1.1541–1.1546 support area — a zone that now turns into near-term resistance and defines risk for shorts.
On the downside, the pair is testing an older swing area from June through August between 1.1518 and 1.1529, with the low so far reaching 1.1522. A move below 1.1518 would confirm a deeper bearish extension and keep sellers firmly in control.
Bottom line: Sellers have the upper hand, and as long as the price stays below 1.1546, the path of least resistance remains to the downside.
This article was written by Greg Michalowski at investinglive.com.
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US energy secretary: Goal is to bring Canada-US back together for trade talks
This is the first US cabinet official that’s talked about re-starting US-Canada trade talks. They fell apart last week after Trump had a tantrum about a Ronald Reagan ad.
The market almost entirely shrugged off the breakdown and Trump’s threat of fresh 10% tariffs on Canada, so this isn’t a surprise but there is some uncertainty on when trade talks might restart or conclude. There is a fairly narrow window now with US Thanksgiving and then Christmas coming.
This article was written by Adam Button at investinglive.com.
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