Jay Van Sciver

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Jay Van Sciver

Jay Van Sciver

@HedgeyeIndstrls

Industrials & Materials Sector Head at Hedgeye Risk Management; autos, machinery; Not Investment Advice https://t.co/W18yedTtTV

انضم Ağustos 2012
1.1K يتبع16.6K المتابعون
Jay Van Sciver أُعيد تغريده
SteveQB
SteveQB@SalesQBWilson1·
I became aware via Twitter. Kept seeing this “wild guy” named Keith talk smack about CNBC and about his process. Kept dipping my toe into content, then tried a few trials and I was hooked. I finally found honesty, trust and accountability. Biggest score came from ULS via Jay @HedgeyeIndstrls @KeithMcCullough @Hedgeye @HedgeyeAM
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Hedgeye
Hedgeye@Hedgeye·
🚨 China's Real Estate Market has erased all gains from the last 20 years
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Hedgeye
Hedgeye@Hedgeye·
Male labor force participation has dropped to 67%, down from 75% in 2000
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Tom Tobin
Tom Tobin@HedgeyeHC·
I’ve have had 2 of these knee surgeries. Turns out patients who got fake surgery do better at 10 years than the ones who got the real thing. Maybe #peptides people and the self helpers aren’t so crazy. Healthcare culture has to change — ask questions and expect better, you’re the one getting cut. 🦵 eurekalert.org/news-releases/…
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Felix Wang, CFA
Felix Wang, CFA@HedgeyeTech·
Semis were up 30% in April, wow. $SMH
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Bloomberg
Bloomberg@business·
Tesla generated more than half a billion dollars in revenue last year from selling products to two of Elon Musk’s other companies, the carmaker disclosed in an amended annual filing bloomberg.com/news/articles/…
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Jay Van Sciver
Jay Van Sciver@HedgeyeIndstrls·
@gnoble79 @elonmusk Maybe they could just rent the Terminator movies prob cheaper than the AI extinction expert Could cross examine The Matrix
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George Noble
George Noble@gnoble79·
As always, the truth is not a thing for @elonmusk Elon Musk is the Ivar Kreuger of our day. He is a self aggrandizing, dishonest carnival barker. The truth will catch up with Musk.
Dwayne@CtrlAltDwayne

Day three of the OpenAI trial. Court hasn't even started and Elon's lawyer Molo is already on his feet trying to bring in an AI extinction expert. Stands up in front of the judge and says extinction risk is a real problem, this is a real risk, we all could die. Judge Gonzalez Rogers wasn't having it. Pointed out the obvious bit where Elon, despite these supposed risks, is currently running his own AI company. Then she dropped the line of the trial. I suspect there are plenty of people who do not want to put the future of humanity in Mr. Musk's hands. The judge dunked on Elon before he'd even been sworn in. Lmao. Then Savitt got up and asked why Elon hasn't started another AI nonprofit since leaving OpenAI's board back in 2018. Elon's answer under oath: why would I start another nonprofit when I already started a nonprofit. You don't have one though. That's the whole trial. He's suing because his nonprofit isn't a nonprofit anymore but in the same breath he's telling the jury he doesn't need to make a new one because he's already got one. Watching the logic eat itself in real time. Then the AGI bit. Elon swears under oath Tesla isn't pursuing AGI. Savitt calmly pulls up his X post from March 4, eight weeks ago, where Elon wrote Tesla will be one of the companies to make AGI and probably the first to make it in humanoid form. Elon had to sit there and watch his own tweet entered into evidence against him. By him. Then distillation. Savitt asks if xAI used OpenAI's models to train Grok via distillation. Distillation is explicitly banned by OpenAI's terms of service. Elon's first answer is well, generally AI companies distill each other. Savitt pushes him for yes or no. Elon goes partly. The guy suing OpenAI for breaking promises just admitted under oath in federal court that his own company broke OpenAI's TOS to build Grok. At this point he's basically a witness for the defence. Then the hypocrisy reel. Is Tesla socially beneficial. Yes. SpaceX. Yes. Neuralink. Yes. X. Yes. All for-profit, none capped. Then why did xAI start as a benefit corporation in March 2023 and quietly flip to a C corp. Elon doesn't have a clean answer. The guy suing over a nonprofit becoming for-profit is himself a serial flipper of nonprofit adjacent stuff into for-profits. Then the Tesla giveaway moment which is honestly my favourite. Savitt goes you were handing out free Teslas to OpenAI staff right when Brockman was pushing the for-profit ramp up, what's that about. Elon panics and clarifies on the stand that to be clear, I paid full price for the Teslas, I didn't get a discount. His emergency defence under oath was that he didn't get a deal on his own cars from his own factory. Lmao. Then Birchall takes the stand and the case actually gets cooked. OpenAI's lawyer asks about the donor advised funds at Vanguard and Fidelity that Elon used to send the money. Asks Birchall whether Elon had any legal right to direct where the money went once it hit the DAF. Birchall says I'm not a lawyer, I don't know precisely. The whole lawsuit hinges on Elon's 38 million creating a charitable trust he can enforce. It went through donor advised funds. DAFs legally don't work like that, once you donate the money it's not yours anymore. His own money manager just told the jury he doesn't actually know if Elon had any rights over that money at all. Letting Elon testify was a mistake. It's not looking good for him and it's only day 3 of active trial, lmao. Trial resumes Monday.

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Hedgeye
Hedgeye@Hedgeye·
🚨 HEDGEYE LIVE IS COMING Join Hedgeye CEO @KeithMcCullough and the entire team in Greenwich, CT on May 13-16. Spots are limited, get your tickets now!
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Keith McCullough
Keith McCullough@KeithMcCullough·
The Flows If you don't have the humility to respect either the market or its flows, you'll get an education "As we have been tracking over the past several weeks, a large part of that move was supported by an estimated $251 billion in forced buying from 401(k) flows and systematic strategies, which created a powerful non-discretionary tailwind for equity beta as those funds piled back into index-related products" @t1alpha
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Hedgeye
Hedgeye@Hedgeye·
The S&P 500 closed at a new all-time high
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Felix Wang, CFA
Felix Wang, CFA@HedgeyeTech·
$AAPL China March Q revenues at $20.5bn (I was modeling $20.9bn, Bloomberg at $18.9bn)...margin guidance will dictate the stock action later
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Hedgeye
Hedgeye@Hedgeye·
The S&P 500 gained +10.4% in April, its best month since 2020
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Tier1 Alpha
Tier1 Alpha@t1alpha·
$SPX just posted one of its strongest April returns on record, supported by an estimated $251 billion in forced buying from 401(k) flows and systematic strategies.
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Hedgeye
Hedgeye@Hedgeye·
Hedgeye Live 2026 is two weeks away. An extraordinary event. An unforgettable experience. Serious investors focused on what matters most right now. Last-minute tickets are still available. Don’t miss this. Join us May 13-15 in Greenwich: hedgeyelive.com
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Hedgeye
Hedgeye@Hedgeye·
Offshore tax shelters hold $8.7 trillion of the world’s wealth
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Hedgeye
Hedgeye@Hedgeye·
Google is now up +10% on the day, the most in over a year. We rated $GOOG as the best member of the Mag 7 across the Three Foundations (Hardware, Application & Distribution), and the report validated every box. Cloud accelerated to 63% growth, hitting $20 billion. Backlog nearly doubled to $460 billion as Search still grew 19%. The DoJ ruling cleared the way, exactly as @SamofAmerica's April thesis laid out. Read the full Mag 7 breakdown 👇
Hedgeye@Hedgeye

x.com/i/article/2047…

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