Moh

@Ric_RTP “Senior reporter at Axios” is all I needed to read to know this was BS before watching

Microsoft just banned its own engineers from using AI. The tool was literally costing MORE than the humans it was supposed to replace. They lied to you about AI adoption and now the whole narrative is blowing up: Microsoft gave thousands of engineers access to Claude Code six months ago and encouraged them to use it. Engineers loved it and adoption exploded. But then the invoices arrived. Token-based pricing means every query, every code review, every debugging session costs money. At scale across 100,000 engineers, the numbers became so large that Microsoft issued an internal order to cancel nearly all Claude Code licenses by end of June and force everyone onto their own cheaper tool instead. The company that invested $5 billion in Anthropic just told its own people to stop using Anthropic's product because it costs too much. Uber's story is even worse... Their CTO Praveen Neppalli Naga told The Information that the budget he planned for the full year was "blown away already" by April. Uber had rolled out Claude Code in December 2025. By March, 84% of their 5,000 engineers were using it with 70% of all committed code coming from AI systems. Heavy users were burning $500 to $2,000 per month each. Naga himself spent $1,200 in a single two-hour demo session. The company had even built internal leaderboards ranking engineers by how much AI they used. They literally gamified the spending and then ran out of money. Now look at what Nvidia's own VP of applied deep learning Bryan Catanzaro said to Axios last month. Direct quote: "For my team, the cost of compute is far beyond the costs of the employees." This is a VP at the company that SELLS the chips saying that using AI is more expensive than paying humans. Think about what this means for the entire AI narrative. Every CEO on every earnings call for the past two years has said the same thing: AI will make us more efficient, reduce headcount, and cut costs. The stock market rewarded every company that said it. Fired workers, stock goes up. Announced AI adoption, stock goes up. But the actual companies deploying AI at scale are discovering the math doesn't work. The MORE employees use AI, the HIGHER the bill. Goldman Sachs forecasts a 24x increase in token consumption by 2030 as companies adopt AI agents. Gartner just published a report showing that even though individual token prices will drop 90% by 2030, total enterprise AI costs will go UP because agents consume exponentially more tokens per task than basic tools. Meta built an internal dashboard called "Claudeonomics" to track which employees use the most AI. Amazon started pushing engineers to "tokenmaxx," their internal term for consuming as many AI tokens as possible. Both companies are spending hundreds of billions on AI infrastructure this year alone. And Microsoft, the company that bet its entire future on AI, just told 100,000 engineers to stop using the tool they liked best because the per-token bills got out of control. The companies building AI are telling investors it saves money. The companies using AI are finding out it costs more than the humans it was supposed to replace. And even the company that makes the chips just admitted it through its own VP. This is the gap nobody on Wall Street is pricing in. $725 billion in AI infrastructure spending this year across Big Tech. And the first companies to actually deploy these tools at scale are already pulling back because the economics don't work. What do you think?

@GavMcCracken why not just put all in oil?

It's incredibly likely that gold goes lower and back tests high $3000s before launching if what I think just started in the middle east started. $3700-$3900 range will be where I buy physical en masse.

AI costs have become absurd. A single basic task on Hermes costs me $20 on Opus via API on Hermes. This is precisely why China models will become more ubiquitous than frontier models.

@GavMcCracken sad day

Massie lost. T-4 days.

@RomanPuglise how much is the house worth

Client Scenario: Married couple. Both 38. Household income $620,000. $1.4M in 401ks and IRAs. $280k in a taxable brokerage. $180k left on the mortgage at 2.9%. Two kids — 6 and 8. They keep telling us they feel behind compared to their peers. What are your thoughts?

@JenXIsWaving @ThisWeeknAI Booooooooo

@ThisWeeknAI Who is pushing the anti-AI propaganda and how does it benefit them? AI is a tool that should be used in moderation. It is against our own detriment to not use it at all.

3 commencement speakers were booed at the mention of Artificial Intelligence (Video) 1. Eric Schmidt, Google CEO 2. Scott Borchetta, Big Machine Records CEO 3. Gloria Caulfield, Tavistock Development VP

@KC_Invests You’re not thinking outside the box. Pandemic. The biggest demand destruction event possible. My guess is that’s what’s driving this hantavirus outbreak.

You might think I’m crazy… But the only 2 scenarios that fix the economy now is 1. Emergency Rate Hikes 2. $200 Oil

@TheLongInvest reading this in between sets funny enough

Go to the gym

@GavMcCracken @AlexStepherylh 😂 I thought it was sarcasm but wasn’t sure, thx for confirming. And yes, our amazing Maxwell-funded schools teaching us critical thinking 👏🏽

@AlexStepherylh @moh_moneys Alex is correct, sorry to say Moh but you need to go back to the government funded school system to learn about why you should full port semiconductors to be a patriot.

The Iranians aren't the low IQs our propaganda told us they were. Genius strategy here, they get to keep the Strait closed for longer now. Bearish oil, long tech.

@MartinShkreli @AndresSolomon2 @GitaGopinath Just two Frauds in a Pod

@AndresSolomon2 @GitaGopinath i do think liz probably would have figured it out and eventually done it. but made mistakes along the way. its not easy.

A painting of the end of meritocracy: A meeting of the two largest economies and not one woman at the table.

@GavMcCracken Hantavirus pandemic is a looming possibility and exactly what the system would need in terms of demand destruction

Last week review: WTI is around $110, axios claims imminent "peace deals" bring oil into low $90's. Iran passes Trump a note saying "LOL we're delaying again". Trump says "OPEN THE FUCKIN' STRAIT YOU CRAZY BASTARDS, I'M NOT HAPPY WITH THIS". WTI goes up to $98. King Bessent.

@GavMcCracken @gavin serious question. It’s odd timing for this hantavirus to breaking out, and we both know the only way the system destroys enough oil demand is another type of Covid-type event. I’m all in on oil, but do worry about this type of scenario.

My portfolio will never recover from this. How could I let myself go into oil with around 200% of my net worth. Fuck.

@PaintSlinger117 @thechosenberg Blaming a cancer patient vs your own govt that allows absurd predatory financial schemes while simultaneously devaluing your labor and inflating assets for the wealthy is exactly why the poor will get poorer. smarten up

@thechosenberg Cunt, actually. It's shit like this that make interest rates so ridiculous.

Hero.

@GavMcCracken @gavin I’ve sold all all my equities and have half of portfolio in $oxy. Im with you here. Any other equities/trades you recommend ?

And that my friends, is how I compound at >280%/yr.

@jbulltard1 @MartinR66803484 @stockdatamarket So you’re saying Avis when it skyrocketed, market was right? Market was wrong… “efficient market” fallacy

@MartinR66803484 @stockdatamarket i have 40,000 followers, you think im a bot? Price action is truth and you retards can think whatever you want but intel tripled this month for a reason, its ok if you missed it, but to say the market is wrong and you're right is comical. Happy now?

SUPER DOT-COM BUBBLE? Even Intel during the dot-com bubble was CHEAPER than today. Intel’s forward P/E ratio — the favorite metric of permabulls — was “only” 28x at the peak of the dot-com mania. Today? 104x. And unlike back then, Intel now has: - no real growth - no durable cash flow - massive debt Yet the valuation is far more extreme than one of the biggest bubbles in market history.

@GavMcCracken Calling out insider trading is now antisemitic. Along with calling out genocide.

Sad thing: "news, even bad news & scandal are good news" bc no one puts effort into their internal world model. Barak will gain funding bc he did a bad job reporting, pretended it was antisemitic, then all 6 friends came out "supporting" him & the uninformed think credible again.

@craig_labonte Nice. It’s so frothy right now , hard to fight the urge to exit equities.

@moh_moneys I'm playing this market for all its worth, 5 strong alpha plays and small cash on Nvo. I am on the take for now, bullish. Hims, Asts, Iren, Nbis, and Onds. After being a goldbug for 20 yrs. I understand what you are saying. we have to follow, take what the market gives.

S&P at ATHs. Oil is broken. Moderna +119%. Unsettling theory👇🏾

Maybe the market is correctly priced after all…thoughts?

5/ And we have a new Fed incoming, w/ pandemic playbook ready: Cut rates. “Inflation is transitory” BS. No need to tighten for at least a year or two. Market reaches higher highs (while labor class is screwed).