Unchained
How Microsoft Won the OpenAI Fight as Markets Rally on Iran
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One side wins the OpenAI-Microsoft divorce, Ram calls a 19% earnings growth year 'bananas,' and Chris wants the US to hack back against DeFi exploiters. Here is the full rundown.
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Chris Perkins and Ram Ahluwalia cover a lot of ground this week: Iran appears to be seeking a deal to end the Strait of Hormuz blockade as US economic pressure mounts, and the US government just worked with Tether to seize over $300 million in Iranian-linked stablecoins.
Bottoms-up S&P earnings estimates are running at 19% year-over-year growth, tech earnings are about to hit, and both hosts think the setup for markets is unusually constructive.
They also break down the new Microsoft-OpenAI agreement, the arrest of a special operations soldier for betting on the Maduro raid on Polymarket, and what the Kelp DAO hack means for DeFi's path to institutional adoption.
Hosts:
Ram Ahluwalia, Co-Host, CEO of Lumida
Chris Perkins, Co-Host, CEO of 250 Digital Asset Management
Timestamps
🕊️ 01:41 Iran wants a deal. What the blockade is doing to its oil exports
💰 05:53 How Tether helped the US seize $300M from Iran
📈 06:18 Ram on why 19% earnings growth is 'bananas' and what it means
🤖 09:55 Microsoft and OpenAI rewrite their deal. Why Microsoft won
🔐 22:28 Why Bitcoin-gold is the chart to watch
🏛️ 34:09 Why the Clarity Act may be stalled over Democrats’ concerns over Trump’s crypto conflicts
🎯 36:16 A soldier bet on the Maduro raid and got arrested. Right call?
📊 42:52 How prediction markets are changing investing
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