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Next Financial is a forward-looking newsletter covering emerging trends in finance. We analyze markets, supply and demand dynamics, capital flows, and consumer behavior to help investors and decision-makers understand where opportunities are forming

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Who Gets Paid When AI Starts Spending Money?

AI agents are beginning to make purchases, move money and execute financial transactions.

You Can Trade Anything. You May Own Nothing.

The financial world is removing the difference between accessible and inaccessible assets.

The trillion-dollar race to connect every person, machine, and battlefield from orbit

On February 26, 2022, two days into the invasion, Ukraine’s Minister of Digital Transformation wrote to Elon Musk.

How Much? The question that decides your returns — and it isn’t what you buy

In 2016, two researchers — Victor Haghani (a founder of the ill-fated hedge fund LTCM, now running Elm Wealth) and Richard Dewey — handed 61 people a rigged game and watched them fail at it.

Alex Karp Says AI Labs Are Stealing Their Clients' Data — Here's Why Open Source Will Flip the Script

On July 1, Alex Karp went on CNBC’s Squawk Box to talk about a Palantir–Nvidia partnership.

The money isn't in selling guns — it's in selling powder

For the first time since the Cold War, Europe is rearming in earnest — and it’s not a drill.

8.8 vs. 96.5: The Number That Decides the Nuclear Race

You’ve probably seen the headlines.

The Real Money in Space Isn't Where You Think

Most investors are betting on who launches the most rockets or operates the biggest satellite constellations.

Snap’s AR Glasses Flop Might Be Exactly What the Company Needs

Snap just unveiled its new Specs AR glasses at $2,195.

Uber is finally profitable. But what happens when the drivers disappear?

Uber finally did it.