Reading List
The most recent articles from a list of feeds I subscribe to.
Klarna's shares closed up 14.55% at $45.82 in its NYSE debut, giving it a $17B+ market value, after the company and some of its backers raised $1.37B in its IPO (Bloomberg)

Bloomberg:
Klarna's shares closed up 14.55% at $45.82 in its NYSE debut, giving it a $17B+ market value, after the company and some of its backers raised $1.37B in its IPO — Klarna Group Plc rose 15% in its trading debut after the company and some of its backers raised $1.37 billion in an initial public offering …
iPhones 17 and the Sugar Water Trap
Ben Thompson has a wonderful take on yesterday’s event and what it says about Apple overall:
Apple, to be fair, isn’t selling the same sugar water year-after-year in a zero sum war with other sugar water companies. Their sugar water is getting better, and I think this year’s seasonal concoction is particularly tasty. What is inescapable, however, is that while the company does still make new products — I definitely plan on getting new AirPod Pro 3s! — the company has, in the pursuit of easy profits, constrained the space in which it innovates.