I will double my size

Sell more puts spreads and buy more calls

BREAKING: Uber, $UBER, is laying off 10% of its employees in a massive restructuring effort aimed at reducing costs.

The layoffs will impact a total of 3,300 people and will reduce the number of managers in the company by 20%.

The move comes as Uber has vowed to commit more than $10 billion to robotaxi partnerships in the coming years.
(@TheKobeissiLetter)

Unrelated? Don't think so

^

Looks like the average crypto trader after a 2y bull market

RIP

I won't blindly buy puts but I will be buying puts at first signs of weakness on SNOW

And I will start a normal sized position in EWZ that I will make a large one if given the chance

Memory is 70% of the cost an AI rack atm

Everyone wants memory cost down and I will never bet against human ingenuity

The memory trade is thus will the bottleneck last longer than market anticipates?

I'm not knowledgeable enough to answer that

Nothing to add, all those people saying X is almost frontier is a gigantic larp

The gap is not getting smaller, and in practice is much larger than bench let you believe

Not specifically an issue with Chinese models benchmaxxing, it's the same for Grok, or even 5.6 Luna or Opus etc vs the real frontier

Imperative to show china is not isolated ahead of the summit and after the 19-1 vote at G20 on Iran

Everybody is getting squeezed, so far in the west it has rewarded asset owners but now workers and middle class have nothing left and the debt are immense. How much more can they be squeezed without touching the wealth of the top 10%?

U want more?