Snapshots that wow!

Learn to code, they said

Software Development jobs in the US have plummeted to almost one third of their 2022 peak. With the advent of Gen AI, there has been a surge in job postings for prompt engineers- a fancy designation for those who structure instruction for large language models to process.

Source : Federal Reserve Economic Data

Time for US to go small?

“The biggest US companies have been dominating the equity market for well over a decade. As a result, the outperformance of US large caps (S&P 500) over small caps (Russell 2000) is now at its most extreme level since November 24, 1999.

What happened in the 7 years following the 1999 extreme? Reversion to the mean. Small caps would outperform large caps by a wide margin, with the Russell 2000 gaining 90% versus an 11% gain for the S&P 500.”

Source: Charlie Bilello

After a point, no one knows anything!

The third founder of Apple- Ronald Wayne, sold his entire stake in Apple- 10% of the company, for $800! This would have been worth $328bn today. Dividends not included.

BCCI collects the demographic dividend!

“As per ICC’s new revenue distribution model, BCCI is projected to take home nearly 40% of the ICC’s net surplus earnings from its next four year commercial cycle.

Source: SOIC

For once, western media gets it right!

Post the US Presidential debate debacle on Thursday, there is only one clear winners- meme makers!

Source:Time Magazine

Reality writes stranger than Fiction!

“Had Pakistan given up Junagadh and Hyderabad state, the new Indian government would likely have accepted Pakistan’s claim on Kashmir.”

Source:Vinay Sitapathi’s Jugalbandi- BJP Before Modi