Oracle of Wall St

IRS 2019 to 23 cumulative net AGI migration by state (domestic only): 🔴 Trump states gained +$253.9B 🔵 Harris states lost −$253.9B 🔴 FL +$137.0B 🔴 TX +$36.8B 🔴 NC +$19.5B 🔴 AZ +$19.4B 🔴 SC +$19.2B 🔴 TN +$16.1B 🔴 NV +$13.9B 🔵 CO +$8.6B 🔴 ID +$8.1B 🔴 UT +$5.2B 🔵 NH +$4.4B 🔴 GA +$4.2B 🔴 MT +$4.2B 🔵 ME +$3.3B 🔴 AL +$2.8B 🔵 DE +$2.8B 🔴 WY +$2.8B 🔴 AR +$1.7B 🔴 SD +$1.7B 🔴 OK +$1.3B 🔵 VT +$1.1B 🔵 WA +$558M 🔵 NM +$351M 🔵 HI +$327M 🔵 RI +$301M 🔵 OR +$249M 🔴 MS −$69M 🔴 WV −$284M 🔴 KY −$673M 🔴 WI −$811M 🔴 ND −$1.1B 🔴 AK −$1.3B 🔴 NE −$1.5B 🔴 IN −$1.6B 🔴 MO −$1.6B 🔴 IA −$1.8B 🔴 KS −$1.9B 🔵 CT −$3.3B 🔴 LA −$3.6B 🔴 MI −$4.9B 🔵 DC −$5.6B 🔵 VA −$7.2B 🔵 MN −$7.3B 🔴 OH −$8.9B 🔴 PA −$9.7B 🔵 MD −$10.1B 🔵 MA −$16.2B 🔵 NJ −$17.1B 🔵 IL −$41.1B 🔵 NY −$76.7B 🔵 CA −$91.4B Source: IRS SOI Migration Data 2019–23 · FEC 2024

47 out of 50 top housing markets are getting weaker. Prices didn’t fall because demand disappeared. They’re falling because payments broke the buyer. You can’t 2x prices + double rates and expect the market to just… keep going.

Mexico is the absolute outlier in the OECD: workers log the most hours on Earth (~2,200+ annually) yet deliver relatively little economic output per hour—despite huge advantages like proximity to the USA. Something went seriously wrong. My take: the education system. Even grads from top STEM unis often have shockingly weak fundamentals (based on interviews). Sure, brilliant Mexicans exist, but the system fails the average citizen badly. Work smarter, not longer. Fix education → unlock potential. Study math, just ask Peru 🇵🇪

IRS 2023 net gains by state: 🔴 Trump states gained $37.2 B. 🔵 Harris states lost $40.8 B. 🔴 FL $+20.6B 🔴 TX $+5.3B 🔴 SC $+4.1B 🔴 NC $+3.9B 🔴 TN $+2.7B 🔴 AZ $+2.7B 🔴 NV $+1.5B 🔴 ID $+981M 🔵 NH $+743M 🔴 GA $+678M 🔵 CO $+671M 🔵 DE $+562M 🔴 AL $+545M 🔴 MT $+499M 🔵 ME $+494M 🔴 UT $+460M 🔴 AR $+446M 🔴 SD $+258M 🔴 OK $+251M 🔴 WY $+145M 🔵 VT $+87M 🔵 RI $+34M 🔵 HI $+11M 🔴 WV $+10M 🔴 MS $-65M 🔵 NM $-85M 🔴 WI $-109M 🔴 KY $-121M 🔴 ND $-145M 🔴 AK $-211M 🔴 MO $-235M 🔴 NE $-246M 🔴 IA $-271M 🔴 IN $-353M 🔴 KS $-369M 🔵 CT $-495M 🔵 OR $-526M 🔵 WA $-549M 🔴 LA $-806M 🔵 DC $-864M 🔵 VA $-935M 🔴 MI $-1.0B 🔵 MN $-1.5B 🔴 OH $-1.7B 🔵 MD $-1.9B 🔴 PA $-2.3B 🔵 NJ $-2.8B 🔵 MA $-4.2B 🔵 IL $-6.1B 🔵 NY $-10.6B 🔵 CA $-12.9B Net AGI from IRS migration 2022–23.

1367 US medical students did not get a US residency spot. 6733 international, non-US medical students got a US residency spot.

“Most freshmen are not capable of playing winning football yet at this level.” Notice what Curt Cignetti didn’t mention in this interview: Talent. Every college player already cleared the talent threshold coming out of high school. But talent still has to pass through four stages before it becomes winning football: 1️⃣ Physical development: Bigger, stronger, faster 2️⃣ Scheme mastery: Understanding the offense/defense 3️⃣ Program standards: Learning the expectation level 4️⃣ Consistent execution: Proving you can do it every week Most players take a year or two to move through those stages. But it’s not about age. It’s about physical and mental maturity. 🎥 YOption W/ Yogi Roth & Rhett Lewis

Apple can't even fix Siri but they're making more money from AI than companies spending 30x more. They pulled in $900 million from AI apps last year. On track to cross $1 BILLION in 2026. Not by building AI models or spending hundreds of billions on data centers... But simply by charging everyone else a 30% tax for the privilege of reaching iPhone users. OpenAI, Google, Anthropic, xAI. Every major AI company on the planet pays Apple a cut every time someone subscribes to ChatGPT, Gemini, Claude, or Grok through the App Store. 75% of that $900 million came from ChatGPT alone. Meanwhile, here's what Apple's competitors spent on AI last year: Amazon: $100+ billion Microsoft: $80 billion Google: $75 billion Meta: $65 billion Combined: almost $400 billion. Apple's AI spend? $12.7 billion. A fraction. And Apple is STILL making a billion dollars from AI while spending 30x less than the competition. Morgan Stanley projects Amazon's free cash flow will go NEGATIVE this year. Potentially by $28 billion. Barclays says Meta's free cash flow could drop 90%. These companies are hemorrhaging cash trying to build the future of AI. Apple just sits there collecting rent. Think about the absurdity of this situation: Sam Altman raised $110 billion for OpenAI. Spent years and billions building ChatGPT. Got 900 million weekly users. Built the most popular AI product in history. And Apple takes 30% of every subscription that flows through the iPhone. Altman does the work. Apple gets the cut. Google spent $75 billion on AI infrastructure and is STILL paying Apple $20 billion a year to be the default search engine on iPhones. Now Apple is collecting ANOTHER revenue stream from Google's Gemini app subscriptions on top of that. Google pays Apple coming and going. The strategy is so simple it's almost offensive. Every other tech company is in an arms race. Burning cash. Building data centers. Training frontier models. Fighting over who has the best AI. Apple's strategy: Let them fight. Whoever wins still needs the iPhone to reach consumers. And whoever reaches consumers through the iPhone pays us 30%. Apple is the toll road for AI. And here's the thing that makes it even more brutal: Siri is STILL terrible. Apple's own AI assistant is years behind ChatGPT and Claude. They're literally partnering with Google's Gemini to replace the brains behind Siri because they couldn't build it themselves. Apple LOST the AI technology race. But it doesn't matter. Because they won the distribution race decades ago. 2.4 billion active iOS devices worldwide. The App Store processes every major AI subscription. And Apple takes a cut of all of it. Wedbush analyst Dan Ives estimates Apple's AI layer alone could be worth $1.5 trillion over the coming years. Adding $75 to $100 per share just from being the middleman. No data centers. No training runs. No frontier models. No billion-dollar compute bills. Just 2.4 billion devices and a 30% tax on everyone who wants to reach them. This is the most underrated business model in the entire AI industry. Everyone's debating who builds the best AI. Apple's already decided it doesn't matter. Because whoever wins still pays them. Do y'all think Apple is making the right move by not participating in the AI race?

When life puts you in the wrong lane but you’re still winning 😂

Residents exiting Massachusetts took a net of $4.2 Billion in adjusted gross income with them in 2023, one of the largest totals in the country, after a tax on millionaires took effect - Bloomberg

@stats_feed Miniature schnauzer’s are the best choice

Married men, what’s the best advice you’d give young guys when choosing a life partner?

The biggest surprise for me on the Iran war is how many retired generals are on TV

Ernie DiGregerio with one of the best passes in NBA history 🎯

How incompetent is the French military? A sailor on Charles de Gaulle aircraft carrier just revealed its location by using a fitness tracker (Strava) while jogging on the ship's deck 🤣 Source: Le Monde

I'm sorry but this super micro thing is awful but parts of it are genuinely hilarious They literally used a hair dryer to move serial numbers from real servers to dummy servers to throw in a warehouse and got caught on camera

🚨BREAKING: SUPER MICRO CO-FOUNDER ARRESTED FOR SMUGGLING $2.5B IN NVIDIA GPUs TO CHINA >SMCI co-founder Yih-Shyan "Wally" Liaw arrested today >personally holds $464 MILLION in SMCI stock >charged with smuggling BILLIONS in Nvidia servers to china >used a southeast asian shell company to funnel $2.5B in servers to chinese buyers >$510 million worth shipped in just THREE WEEKS in spring 2025 >built thousands of fake dummy servers to fool U.S compliance auditors >caught on surveillance camera using a HAIR DRYER to swap serial number stickers >coordinated the whole thing over encrypted group chats >SMCI down 12% after hours >faces up to 30 years in federal prison ITS SO OVER…

If Yael Eckstein, President and CEO of the International Fellowship of Christians and Jews (IFCJ) received total compensation of approximately $931,098 in 2024, according to Paddock Post reports, that seems very high. Be careful to which organizations you donate your hard earned money by researching the compensation of their top 5 officers as disclosed in their annual FORM 990 filed by every not for profit organization.

This is what grade inflation looks like. AP exams suddenly became easier. So when your local school, district, or state touts record AP participation and passage rates ... now you know why. Source: fordhaminstitute.org/national/comme…

Funny … uninformed politicians, no surprise.

And now we have three oil markets: Asia (Oman oil at $167), Brent ($113) and US (WTI $97)