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?

Correct assessment

BREAKING: President Trump is having private discussions with senior aides about potentially declaring the Iran War over, per WSJ.

Aides are reportedly advising President Trump that an escalation of the war beyond recent strikes could cost Republicans the midterm elections.
(@TheKobeissiLetter)

Now the ball is in Iran court, if they don't find a way to get oil prices even higher (the higher the merrier) they are taking a risk that Trump can win the midterms

Trump has the upper hands but he is not the one who decide what happens next

i hope he does it because it will the best chance to go very fat in oil, the situation is becoming increasingly dire and trump has not choice but to fully withdraw (which I won't think he will ever do) or come back harder later

Nice price action, only 12 more days of that