To The Moon

This is one reason why many have called for sfaety checks and enhancements to the way AI is allowed to act.  And there is also the truth that AI breaks copyright laws in sourcing information. The way they operate is they scoured whatever information is available in the web (including hacking into non-public sites) to deliver the information requested by users.  So how does this speak into PDPA laws? It's a brave new world which many are rushing into without considering the full impact on society.

This is not surprising and I did see this happen when they first announced their last quarter results. The worry here is this did not just happen to Oracle, but also Marvell, Coreweave, Nividia, etc. All annouced sterling results which mostly beat revious results but also expectations of analyst. What this may suggest is, the market is completely out of sync with reality and much of today's valuation is really unrealistic. And also, the market is very very retail driven. This is dangerous as these are people who are mostly sheep following the calls of investment "gurus". And they are the ones who are buying with borrowed funds. Look what happened to the KOSPI last month to understand what is happening. And with the bond yields going nuts, plus Kezin Walsh now expected to raise rates, not o

$Marvell Technology(MRVL)$  Daily high above $227 and closing at $221. Still up for the day versus previous day but what a dramatic movement.  This is quite normal for MRVL. But one thing I am noticing is since it's high about a month ago, when Huang called it the next trillion $ company, it's been a steady retreat. What happens if the AI boom really disappears. Or even gets delayed about some are calling for now?  Scary thought. 

US Treasury's Yields Top 5% This from Bloomberg news just released. "It was a bit of a bad-news Monday for the US economy as 10-year Treasury yields surpassed 5% for the first time since 2023, worsening the collision between rising inflation and swelling government and corporate borrowing." This is bad news for stocks as it means the money market is straining and liquidity is drawing away from private debts. And with hotter inflation, plus relatively strong job markets, the likelyhood of the Fed having to raise interest rates more than just once this year is higher. September is really going to be bad again.

Donald Trump may have to place Kevin Walsh under arrest now. Before he makes any decision....

It is not surprising to see this happen today. After Anthropic CEO, and supported by Musk AND Altman, saying that we need to slow down AI development.  I mean, both Musk and Altman agreeing on something? Seriously? What this may mean is the hypers will pause investments, meaning give less CAPEX buys. And this will hit those stocks which supply into this trade hugely. Especially as valuations are all the way past the moon already. Wednesday may be the nail that seals it. And September may turn out to be another bear month.

This is the part I am payong most attention to right now.  "a 5% yield on the 10-year Treasury note BX:TMUBMUSD10Y could tip the tide into a selloff." This is something we need to be aware of. The big money institution favors protection and returns as much as possible even as they love profit. A 5% treasury yield is guaranteed by the US Government.  This have the potential to suck up liquidity from the markets big time. And let's not forget the US is busy raising cash to save the Japanese ¥. As well as fund their Iran quagmire.

Dario Amodei's call to slowdown in AI development. This is a alarming response to recent warning from a former Anthropic employee's whistle blow about the disregard to safety by the hyperdevelopers. And what was even more shocking was Elon Musl chimed in and agreed too.  What does this mean for the AI bull run? Will it lead to a slowdown in investment to allow AI movement to catch a breathe? And if so, will it impact the growth forecast already built into the valuation of all these AI related companies? The real bearish signal would be announcements from hyperscalers such as Microsoft, Amazon, Google or Meta cutting AI infrastructure budgets. For MRVL and CRWV in particular, that distinction is important because their valuations are much more sensitive to expectations of continue

Us-Iran War Spreading. Besides Lebanon and Yemen, there Is now a new article from the WSJ that China helped Iran with the provision of satellite intelligence. Whether this is true or not, it may prompt Trump to create another situation to divert attention from his coming mid-term election disaster.  This is especially as we see a gathering of the anti-US tariff victims in India right now. India, China, Russia, Brazil. And I will not be surprised to see Canada and some European countries apply to join. The UK too. Now that Trump is stirring up shit in Ireland. The 

Larry probably feels his planned sale would probably tank the share price even more. But with Fed rate hikes expected, we are not sure this can help. Whatever the case, the sale would hurt the value of his remaining holding.