Broken Clock
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Between this video and his latest post Dwarkesh lost like 80% of his hard earned aura
He is a tool
Oups
Problem is the chain of event matter, as long as NVDA seem to guarantee financing the sand castle can withstand a lot. If NVDA starts to have pb of its own (which will likely happen with Jalapenos and more to come) then it will think about its own survival before its "partners"
Alternatively if Trump ban Open source you can short neocloud to the ground
The US is so politicized that if you can make an idea big enough you're pretty much guaranteed the Rep or the dems will side with you
Good luck justifying a hike pre midterms with those numbers
GOOD LUCK
Stocks have decided that they will sell off no matter lol but yes this print is fine, raise the chance of Warsh talking hawkish at JHole but no hike in sept.
When I see how much gap exists between models I am excited
Meta looking juicy, I won't buy as I hate the company but one of the better looking stock
The 16bn$ settlement reduce uncertainty and might be the catalyst it needed
I think today session is done; NVDA earnings and forecast good tmr green big, NVDA earnings bad tmr red big
PCE slightly disappointed, NVDA earnings good but estimates Q3 slightly disappointing but NQ is holding off
Interesting
I have a proud american portoflio: long 30y and long NQ (bad entry though so mid size)
Not great
Forwarded from Monitoring The Situation
The surprise visit by the director of the CIA to Moscow this week was to deliver a warning to Russia not to attack NATO countries, according to people briefed on the visit.

A shortfall in critical Western munitions, driven by expenditures in the Iran war, also could factor into Putin’s thinking. The U.S. has degraded its stockpile of certain weapons because of transfers to Ukraine after Russia’s 2022 invasion, as well as the Iran conflict.

The last known visit by a CIA director to Moscow was in November 2021, when William Burns, who led the agency under former President Joe Biden, warned Putin not to attack Ukraine.

(Putin starting another front)