Artemis

Alpha with Artemis #6: The Bull and Bear Case for Anthropic $ANTHR
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The real winner last night: prediction markets
-While not all volume is politics related, growth from $10m -> ~$4.0b since 2020

Over $10b for 2028 presidential race?

Never count out $V

After trending downards on the Credit Card Competition Act and the "Citrini Scare", $V has exceeded earnings and is capitalizing on future growth opportunities (stablecoins, agents)

What's driving the growth? (1/5)

Election Day is upon us and we have the comparable tables

-@Kalshi most recent $40bn valuation puts it between a sports book and an exchange (6X run rate)
-Meanwhile, sports books trade near record EV/EBIT multiples

In outcomes we trust.

The most AI pilled card processor?

Congrats, @AmericanExpress

The company spent the most time of the largest card processors talking about all things AI driven commerce.