To The Moon

This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with:. And honestly, I have no one to blame but the person looking back in the mirror.Technically, I guess all of these AI discussions are making me a more informed journalist, leader, and human being.But sometimes listening to what people deep in the weeds are doing in AI sound like a completely different language. Think Martians speaking on Pluto. And the lingo and development of AI tools and products are moving at a speed multiples faster compared to my last West Coast venture in September 2023."I think over the next few years and maybe decades, almost every company will be hit with some kind of innovator's dilemma in that the way they used to make revenue is going to change because a lot of their processes are going to get automated with AI. And that just changes the nature of the work that you're doing. You need to stop thinking about almost any repetitive process. E

About the author: Harvey D. Shapiro is a financial writer and consultant based in New York.This time was supposed to be different. This was going to be a stockpickers' market in which astute active investors would no longer trail the index and could show their mettle. Instead, active management has continued to underperform.OK, you say, but all that's a first-half-of-2024 story; the Magnificent Seven have cooled off a bit since then, and in normal markets managers have a better chance of getting it right. But it turns out that normal markets are very frequently narrow markets. Before the Mag Seven, remember, there were the FAANG stocks . Collectively, the average return for these five was nearly 50% in 2017, compared with the S&P 500 return of 21.8%. The FAANGs came to make up more th

Keppel DC REIT Management, the manager of Keppel DC REIT , has completed the acquisition of a data center located in Tokyo, Japan, according to a Wednesday filing on the Singapore Exchange.The acquisition improves Keppel DC REIT's portfolio, adding to its geographical diversification and increasing its rental income from clients with investment-grade credit profiles.The acquisition raises the REIT's assets under management to SG$3.9 billion, spanning 23 data centers across 10 countries in Asia Pacific and Europe.Price : S$2.05, Change: S$+0.03, Percent Change: +1.49%