Today on Equity, Alex is catching you up on stocks around the world, crypto prices, and the weekend's biggest news. We're talking about the exit of Stability AI's CEO, the EU's Digital Markets Act, Spotify's edtech push, why Liquid Death is crushing it, and more.
Today on the show we had a lot of ground to cover: Stocks around the world are in retreat to start the week, while crypto prices have themselves given back some recent gains. The biggest news item that we covered this morning was the exit of Stability AI’s CEO, the company’s revenue growth and burn rate have come into question before, making the move all the more newsy.
Over in the EU, a number of U.S.-based tech companies are under inquiry thanks to the new Digital Markets Act. At some point you have to wonder if tech giants are going to find a better working relationship with the bloc.
And speaking of Europe, Spotify’s next push is another non-musical effort, which I had a few thoughts about. None of which were incredibly excited, I have to admit. The news from China, including it getting the Vision Pro next, and a push to get Intel and AMD chips out of state computers. And we closed with this beverage startup report!
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