Last December, I get this text message from my business coach, and I haven't stopped thinking about it since. Here's what the text says. Hey, Mary, you ever heard of the band Wicked Lester? I've never heard of this band. But she continues, her next message says, "Their story reminds me of you. " Well, now I'm curious. So, I head to Google and here's what I learn. Wicked Lester is this rock band from the 1970s. It's five guys with one dream. They want to make it big. So, they hit the road, play live twice, a ...

Group 1 - Stocks with negative EPS have significantly outperformed those with positive earnings recently, with unprofitable firms leading gains in broader indexes like the Russell 2000, where approximately 40% of companies reported zero or negative earnings [1][2] - The market is experiencing a unique condition where speculative fervor and optimism towards innovation and growth potential are prioritized over short-term profitability, reminiscent of late-cycle rallies during the dotcom bubble [2][4] - Retail investors are increasingly attracted to companies with negative EPS, particularly those recognized for their disruptive technologies, indicating a broad market enthusiasm for speculative growth over immediate profits [3][4] Group 2 - Plug Power, Inc. has reported negative earnings while investing heavily in infrastructure, with its shares gaining 300% over the past six months [4] - Oklo, Inc., a nuclear startup facing early operational losses, has seen its shares rise 600% since April, driven by the demand for power from the AI revolution [4] - Beyond Meat, Inc., known for its plant-based foods, has experienced a stock increase of over 170% in the last two days despite ongoing losses [4] - Rigetti Computing, Inc., a quantum computing company with no profits, has gained 425% in the past six months [4]

Innovation & Resourcefulness - DeepC's AI chatbot outperforms premium models in programming and math, achieved in 18 months [2] - DeepC's development cost was significantly lower, burning through $5.6 million (560 万美元) compared to OpenAI's $100 million (1 亿美元) [3] - The company repurposed financial modeling tools to create hybrid AI architectures, cutting operational costs by 63% [3] - Open-sourcing parts of the code allowed developers worldwide to contribute improvements, fostering community growth [9] Strategic Approach - Constraints focused innovation, prompting creative problem-solving [4] - The project began as an experimental side project driven by curiosity, without strict deadlines or investor pressure [4] - Outsider perspective allowed questioning industry norms and exploring unconventional approaches [7][8] - The company challenged Silicon Valley's obsession with scale by prioritizing ingenuity [8] Cultural Influence - The approach aligns with China's Shanzai culture, emphasizing remixing, repurposing, and speed [11][12]

Economic Impact - Zero-migration policy poses a potential threat to American innovation and growth [1] Policy Analysis - Donald Trump's zero-migration policy is highlighted as a potential risk [1]

A 72-hour workweek might sound cool to CEOs and founders, but you can't grind your way to innovation, says @gmukunda (via @opinion) https://t.co/I5Nw87xCtN ...

I believe that history will decide that Glass Lewis and ISS have been menaces to innovation, enabling passive investors who care about “tracking errors” to their indexes but do not care about much else. As one of the first investors to put an active equity portfolio into an ETF, I have been shocked at conferences and elsewhere by how little these “investors” know or care about the companies in their portfolios. ...

Yes we will see various interested parties work incessantly to gain advantages unchain, just as we see VCs and crypto corporates lobby governments today. This is an important engine of innovation.Their efforts will be far more legible and traceable onchain. And of course smart actors will use obfuscation techniques. Fortunately, the open source blockchain ecosystem has a super-power called forking.If a group doesn't like the philosophy or decisions of a Layer 1 community, it is possible to fork the running ...

[Music] My name is Rob Scotland. I'm a modern cultural anthropologist, which means I study and analyze modern culture for business purposes. 11 years ago, I stood on a TEDex stage and I made a really bold claim.I said we were raising a generation that was going to save the world. Now, why I said that and since then I've had a front row seat in my bold claim. My son, who was featured in that TED talk, he was five at that time.Now he's 16. This big strapping lad, still plays football, still do all those thing ...

Core Insights - Estee Lauder Companies aims for over 25% of total sales to come from innovation in fiscal 2026, emphasizing product-led growth under its "Beauty Reimagined" strategy [1] - The company plans to increase the share of innovation launched within a year from 10% to 30%, with 16% of that innovation debuting in fiscal 2026 [2] Product Pipeline - The innovation pipeline includes major categories such as skin care, makeup, fragrance, and hair care, featuring both prestige and entry-tier products [3] - Recent product launches include The Ordinary's Sulfur 10% Powder-to-Cream Concentrate, Estee Lauder's Advanced Night Repair Eye Cream, and Re-Nutriv's longevity-focused Watery Lotion [3] Makeup and Fragrance Innovations - In makeup, Estee Lauder is expanding its lip product offerings with M·A·C's Lipglazer Glossy Liner and Bobbi Brown's Cashmere Luxe Matte Lipstick, while Tom Ford Beauty has introduced the Architecture Radiant Hydrating Foundation [4] - The fragrance segment sees expansions from Tom Ford Beauty and Jo Malone London with premium additions to enhance global appeal [4] Financial Impact of Innovation - The innovation program is expected to be gross margin accretive, linking creativity with profitability and supporting broader growth objectives [5] - The focus on new launches aims to strengthen the product development cycle and ensure consistent contributions to future performance [5] Industry Peers - Helen of Troy Limited is also pursuing an innovation-led growth strategy, revitalizing its brand portfolio to drive long-term value creation [6] - Coty Inc. is targeting leadership in fragrance and scenting, with major innovations planned for fiscal 2026 and beyond [7] - e.l.f. Beauty, Inc. is experiencing significant growth through its innovation engine and consumer-centric model, positioning itself for continued expansion [8]

Ethereum L1 Platform Status - Ethereum L1 has evolved into a platform focused on high-value finance [1] - Total Value Locked (TVL) is increasing [1] - New contract deployments, a key indicator of developer experimentation, are decreasing [1] Growth Potential - Re-enabling innovation on Ethereum L1 could unlock a potential 10-100x growth in TVL [1]