PNW Rip

So someone read the first story a few weeks ago and tried to shoot their shot? and become a 'new sex slave'? Wild times

146 workers laid off as Oregon alcohol distributor finalizes sale koin.com/news/business/…

@PDXBIZJournal s/o Bend company Dust Moto

Bend-based Dust Moto, with a vision of an American-made electric dirt bike, is acquired by LiveWire Group. bizjournals.com/portland/news/…

this is so good.

@RihardJarc What kinds of consequences are there if orderers get cancelled? Is the buyer in the hook for full price?

A MUST-read interview with a Siemens employee explaining just how high demand is for energy equipment right now because of AI: 1. The whole situation is shocking even for people who have been in the business for 40 years. They are getting orders that are double the size of what their entire factory can produce in a year. 2. Demand is so high in the last 5-8 months that they don't need to convince or send any analysis (such as CO2 emissions, etc.) to clients because they just want the equipment, because there's so much backlog that they just want to catch the order. 3. Decisions are being made very quickly by clients; the backlog for some of the energy equipment companies is 5-6 years. For transformers, the situation is even more difficult. 4. He mentions that right now, data center builders do not care about sustainability; they just want power at any expense, reliable power. They say they will think about sustainability later. 5. The orders have gone from previous 20-30 MW orders to now 200-500 MW units. Customers have previously wanted to get equipment from different OEMs, but now they prefer an integrated standardized solution. 6. An interesting dynamic is that even though the data center requires 100 MW, the builders are buying N+1 units of gas turbines (so more than just for 100 MW) as backups, as well as having more energy capacity, as they believe they will continue to grow that data center. 7. He does believe there is some double booking going on on transformers and switchgears because of extra-long lead times. 8. Everyone is trying to reduce PUE, and water use effectiveness, but even after improving, they just use the same power to run more compute. 9. The problem is also liquid cooling, as it is expensive, and water availability in many regions is a problem. 10. Margins on equipment in the sector have gone from 4-6%, where they were 2-3 years ago, to 20-23% and in some cases even 40%. The data center builders know the margins are high, but they are fine with it because they just want to get it. found on @AlphaSenseInc

We need more power, even after taking into consideration that we need more power.

Not the normal thought when discussing portland donuts. other than the map being a little odd (Mt. Hood is in WA?), this is spot on to what I hear daily.

@StockMKTNewz So Gates foundation sells and @BillAckman buys? What a wild day.

Bill Gates' Gates Foundation fully sold out of its Microsoft $MSFT shares during Q1

U of O cutting $65m from their budget due to declining enrollment. Probably nothing.

Dow breaks 50k again, Peace Health ousts Oregon CEO, FBI offers rewards for info on Ex Air force agent, Border Patrol Chief resigns, Washington to get $538M in delayed Covid era Fema fund, Amazon announces more job cuts.

i3D Manufacturing acquires Burloak Technologies

Uhhh 911 I’d like to report a murder 😂😂😂 @ramit

Amazon employees doing nonsense work to boost AI usage, AI stocks have a bad day, CPI inflation reported at 3.8% YoY, .6% MoM, Google and SpaceX in talks over orbital data centers, FDA Commissioner resigns, NW Energy & Black Hills Energy consider merger.

wtf is this

The NACHO Trade is here. “Not A Chance Hormuz Opens.” The all-important shipping route for global energy supplies will remain effectively shut until the economic costs of its closure—including higher oil prices and accelerating inflation—start piling up. - WSJ