Correspondent
Naomi Fairbank
5 stories
JPMorgan Has Upgraded Meta to Buy and Forecast Negative Free Cash Flow of 65 to 75 Billion
The bank sees roughly 30 per cent upside on the back of Meta's new AI agent, while modelling two consecutive years of cash burn on the infrastructure…
Naomi Fairbank·3 min
Trump's Senate Pick in Texas Got Five Minutes at Five O'Clock in His Own State
Ken Paxton is trailing in the polls, and the convention his party staged in Dallas gave him a slot most delegates were still in traffic for.
Naomi Fairbank·3 min
AI Is Eating the Tasks That Used to Train People, and the Payroll Data Already Shows It
Between 27 and 43 per cent of the hours in entry-level professional work have gone, and most of what disappeared was the work that taught juniors how…
Naomi Fairbank·3 min
Manipulation Counts Dropped, a $90,000 Penalty Ordered: How a Swaps Case Quietly Ended
A federal judge in Manhattan ended the market manipulation case against swaps trader John Patrick Gorman III on 1 September with a $90,000 penalty…
Naomi Fairbank·5 min
Nuvei to pay $4.85 million over merchant screening, and the FTC adds a knowledge test it must now plead
A federal judge in Arizona entered the order on 9 September 2026 and closed the case, and the two Commissioners who brought it used the filing to…
Naomi Fairbank·6 min