⁠Quiver Quantitative
Representative Andy Barr defends Trump's crypto involvement:

"The President's assets are in a blind trust managed by his children" https://t.co/jWa3vAbPVm
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⁠Wall St Engine
$AMZN TO SPEND $10B ON NC DATA CENTERS:

As part of its $100B capex plan this year, Amazon’s putting $10B into new North Carolina data centers to grow its AI infrastructure. The move will bring 500 jobs and expand AWS capacity to meet booming demand for generative AI, per CNBC. https://t.co/olDhbJcMLE
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⁠App Economy Insights
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https://t.co/tDxvHeLe2e https://t.co/C4ZvsxJYqn
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⁠Wall St Engine
RT @elonmusk: This is debt slavery for the American people

The accrued interest on the national debt now exceeds $1 trillion a year—more than we spend on national defense

And yet Congress continues to add to the debt at an astounding rate of $2 trillion per year—with our national debt growing faster than our economy

Unless we turn this around quickly, our debt and deficit will increasingly threaten our ability to fund the basic operations of government

But have no fear, these massive deficits are “essential”—that is, they play an essential role in Congress’s ability to avoid making difficult decisions while “getting things done” (i.e., spending more money), which seems to be the prime directive of The Uniparty™️

This harms hardworking Americans—especially the poor, who are hit hardest by the invisible, highly regressive tax this inevitably creates (in the form of inflation)

Meanwhile, big spenders in Congress—in both parties—forge ahead, knowing well that the media will praise them for voting to spend more, and relentlessly criticize anyone who wants to cut … well … basically anything

No amount of media praise directed at politicians can provide moral justification for the immense harm that this cruel, vicious cycle inflicts on hardworking Americans - Mike Lee
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⁠Wall St Engine
TRUMP: PUTIN CONVERSATION WAS GOOD BUT WILL NOT IMMEDIATELY LEAD TO PEACE https://t.co/9zYB96Db1X
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⁠Wall St Engine
CBO says Trump’s tax and spending bill would ADD $2.4T to the deficit over 10 years, while his tariffs could CUT deficits by $2.8T over that same stretch. Tariffs would hit GDP by 0.6% and push PCE inflation up 0.9% by 2026.
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⁠Wall St Engine
OPENAI TOPS 3 MILLION PAYING BUSINESS USERS - CNBC https://t.co/5Gfs11Sb9Q
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⁠Investing visuals
Why $NBIS is a compelling business:

🔹 All-in-one AI stack
🔹 Strong balance sheet to fuel future growth
🔹 Portfolio of high-quality subsidiaries
🔹 Deeply experienced workforce
🔹 Massive global TAM
🔹 Founder-led
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⁠Wall St Engine
TRUMP: DEBT LIMIT SHOULD BE ENTIRELY SCRAPPED TO PREVENT AN ECONOMIC CATASTROPHE https://t.co/yt5Lhlyvy6
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⁠Quiver Quantitative
UPDATE: Last month, Representative Robert Bresnahan filed a purchase of Microchip Technology stock.

$MCHP has now risen 83% since the trade. https://t.co/oU283xu6kw
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⁠Quiver Quantitative
Elon Musk has called for Congress to proposed a new spending bill that doesn't grow the deficit.

Many members of Congress are invested in companies that directly benefit from proposals to increase spending.

Historically, Congress has done well in those investments: https://t.co/knk0iIibnl
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