Matt Turner

Might be time to dust this thing off…

OH MY GOODNESS 😱 UCONN LEADSSSS UNBELIEVABLE #MarchMadness

You think the S&P 500 Index is too concentrated? Try going to another country for a while. The US is one of the *least* concentrated markets. Here's countries ranked by the % of market made up by top 10 biggest stocks, via @psarofagis in a banger note out today that is part of our ongoing 'Stop Overthinking Everything Because the Market Loves Punishing Midwits' theme..

Women, children and Bloomberg keyboards first

Perfect day drinking weather next weekend 63 degrees with a 50% chance of snow

Worth every dollar of capex

$ODD down over 50% after saying revenue will drop 30% this quarter because of “algorithm changes”

@_JoshSchafer A rounding error out of a stock up 1,600% in a year.. almost impressive how little it moved

Short reports just don't hit they like used to now that we have this Substack thing.

We live in a world where Petco shares could go up 30% on this $WOOF

Gotta hand it to them, prediction markets really nailed this one

Turns out letting people Klarna their DoorDash orders was a bad idea

Apple's correlation to the Nasdaq 100 has plunged to the lowest in 20 years

When did Wendy’s start selling software?

A former karaoke company recreated itself as an AI-fueled logistics company, unveiled a new platform & spurred huge market losses in the latest “scare trade.” @neubergerberman’s Joe Amato called AI-disruption fears a “heat-seeking missile” in search of its next sector to target.

“Plunge Protection Team”

The state of markets right now: Algorhythm, the AI firm that is sinking logistics stocks today, used to be called The Singing Machine Company and sold karaoke products until 2024

Christmas for boomers

Wild stat of the day: Amazon has spent more on capex in the last three years than in the previous 26 years combined $AMZN

Fixed the Bitcoin selloff

Update: It’s so over $PLTR

“Palantir can’t withstand the SaaS apocalypse” Palantir: