shunsanto

摩根斯坦利这种图值得注意，机器人产业离爆发还早，但其增长曲线会非常陡峭，一旦出现一个GPT时刻，无数的100倍机会在等着我们。

JUST IN: Michael Saylor's Strategy now pulling way ahead of BlackRock's BTC holdings 👀 Strategy: 846,842 BTC BlackRock: 811,291 BTC

KEVIN WARSH: AI IS THE BIGGEST CHANGE IN AMERICAN SOCIETY IN MY LIFETIME

Every summer for 3 years we have seen a very significant move between June 15 and July 20. Most of these moves went vertical in 2-3 weeks. In one, it was entirely within 10 days. I think we are setting up for something similar for the 4th straight year. The reason is a mystery.

I fucking love this guy. So bullish. Buying more.

short SPCX / long BTC probably prints over the coming quarters. Watch and learn how value arbitrage works at massive scale.

Kevin Warsh just ended his first ever FOMC meeting as Fed chair. His message to markets: "I can't give you any guidance on what we're going to do next." Here is what he said: 1. Inflation is still way above the Fed's 2% target and prices are too high for most people 2. "We will fix five years of misses on inflation", he is directly saying the previous Fed failed 3. The Fed will no longer tell you in advance what it plans to do with interest rates 4. He watches stock market prices more than anything else when making decisions 5. Interest rates are hurting the housing market but are not slowing down financial markets 6. All 19 members at the table agreed not to raise rates today 7. The 2% inflation target is not changing 8. He refused to say whether bond yields rising after today's decision concerns him 9. He refused to say whether he has spoken to Trump since becoming Fed chair Under Powell, the Fed always told markets what was coming next. Under Warsh, that is gone.

Fear is profitable for media. Patience is profitable for investors.

On its first day of options trading, SpaceX already has the highest volume of option trading on all US exchanges

Technology CapEx spending is exploding: The CapEx-to-Sales ratio of developed market tech firms is up to a record 11.5%. Over the last 2 years, this percentage has risen +4 points, far outpacing any other 2-year increase in history. To put this into perspective, the previous peaks seen in the 1990s and early 2000s were at 9.0% and 8.5%. By comparison, the developed market excluding tech CapEx-to-Sales ratio stands at just 7.0%, below its own long-term average. The AI buildout is also driving investment spending higher in other sectors, with utilities now leading at a CapEx-to-Sales ratio of ~23%, well above its long-term average of ~15%. The AI investment boom is reshaping capital allocation across the entire economy.

Retail investors are piling in to SpaceX stock: Over the last 2 trading sessions, retail investors bought nearly as much SpaceX, $SPCX, as every other US single stock combined in the entire prior week, according to Vanda Research data. On Monday alone, retail purchased +$93.8 million of $SPCX shares, accounting for ~73% of all retail single-stock purchases during the day. In the first 10 minutes of Monday’s session, retail investor turnover in the stock exceeded $7 million. Individual investors also bought some semiconductor stocks such as Marvell $MRVL, Micron $MU, SanDisk $SNDK, and Broadcom $AVGO. Retail appetite for risk shows no signs of slowing.

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SpaceX needed a highly valued public currency so it could start doing acquisitions to add to its empire. $60B for Cursor is just the start. I expect they will make a run at a bunch of physical infrastructure operators. The incentives are all there. Watch and enjoy.

SpaceX seems to be draining the entire US stock market right now. The S&P 500 is down -0.38% today, wiping out $240 billion. The Nasdaq is down -0.52%, wiping out $200 billion. But $SPCX is up 8.71%, adding $220 billion in a single session. Every dollar flowing into SpaceX is a dollar leaving every other index.

The bursting of China's housing bubble in one chart

@zerohedge Great news to the democracy civilization. China’s housing has been collapsing while it also has printed out the most money out of thin air in the past decade 👏👏👏

特斯拉的所有情况，从里到外，都在进入一个“slowly， and suddenly”阶段。

THIS IS ABSOLUTELY INSANE. If you had invested $14,000 in SanDisk $SNDK last year, you would have over $1 MILLION today. SNDK is now up 7,500% in the last 14 months.