Brownstone Research

Predictive Investment Research from the Bleeding Edge of High Tech

[Oklo @oklo]

We've just secured a key piece of the puzzle for scaling our Aurora powerhouses: the fuel to run them.

Oklo has officially signed definitive, multi-year fuel purchase agreements with @centrus_energy, securing enough nuclear fuel to support up to five Aurora powerhouses for multiple years, with deliveries scheduled to begin in 2029.

These agreements build on the letter of intent announced in June, supporting the first phase of our planned 1.2 GW Ohio power campus, future Aurora projects, and later refueling our first powerhouse in Idaho.

Securing fuel years in advance helps us plan future projects with greater certainty and puts another important piece in place as we work toward commercial deployment.

There's also a direct connection to customer demand. @meta's prepayment for future electricity from Oklo is helping fund fuel purchases for our initial Ohio deployments. In turn, our prepayments to Centrus will help expand U.S. uranium enrichment capacity, strengthening the domestic fuel supply chain we'll need as we grow.

This is how we're turning customer demand for electricity into investment in both new Aurora powerhouses and the fuel needed to operate them.

Learn more: https://t.co/9IJLmdThN3

[Brownstone Research @Brownstone_X]

@monad @Uniswap @xStocksFi The tokenized platform tied to the @NYSE runs on a custom chain built with Avalanche tech so it can control who takes part. Open venues like this leave room for what that setup can't, such as vaults, lending markets and agents that rebalance around the clock.

[NASA Administrator Jared Isaacman @NASAAdmin]

I’m confident America can win the race back to the Moon. Our @NASA teams and industry partners have done a lot to earn that confidence.

Under @POTUS’ leadership, we’re aiming for something more ambitious than another landing. We want the next crew to be able to pick up where the last one left off. That’s why we’re building a Moon Base.

[Elon Musk @elonmusk]

Robotaxi works 168 hours a week

[NSF - NASASpaceflight.com @NASASpaceflight]

The Starlink Speed Loader has left Starfactory to load Ship 42 with 26 Starlink V3s.

https://t.co/HSumkyMNOs

[Brownstone Research @Brownstone_X]

@SpaceX Some of that infrastructure is headed to orbit. The first AI data center satellite in the Starmind constellation is set to launch in Q3 2027, with significant volume in 2028, because power from the sun is limitless up there and cooling is free.

[Brownstone Research @Brownstone_X]

Full piece: https://t.co/5bE0dFO7uz

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[Brownstone Research @Brownstone_X]

Crowds overpay for long shots because they focus on the huge payoff and stop watching the odds. Prediction markets price that probability, so when a contract implies a 10% chance and the real odds are much lower, taking the other side can pay.
$BTC #PredictionMarkets

[Brownstone Research @Brownstone_X]

@Cointelegraph Whichever agency comes out ahead, a prediction market price is still only the crowd's guess at the odds. People tend to overpay for long shots in hopes of a big payout, which is why an unlikely event priced at 10% can be worth less than its price suggests.

[Base @base]

$5B DEX volume for tokenized stocks

And counting

[Elon Musk @elonmusk]

Starship Super Heavy rocket booster moved to launch pad

[Brownstone Research @Brownstone_X]

@DeItaone Oil has already come a long way off its highs. Brent topped out near $119 in late October and slipped back under $100 last week, and a lasting end to the war would make that relief easier to hold, easing inflation and giving the Fed room to hold off on more hikes.

[Brownstone Research @Brownstone_X]

@KobeissiLetter Worry is running well ahead of the data. Job openings bounced back to 7.5 million in September, and October payrolls beat expectations by about 100,000, which is hard to square with a labor market that is about to crack.

[Brownstone Research @Brownstone_X]

@DeItaone The rebound has an economy behind it that never stopped growing. While the AI selloff grabbed the headlines last week, October payrolls rose by 165,000, about 100,000 more than economists expected, and job openings also came in well above estimates.

[Brownstone Research @Brownstone_X]

@ICE_Markets @okx @coinbase @RobinhoodApp Full piece: https://t.co/T6KaMxtWUZ

Subscribe to Chain of Thought free: https://t.co/jiR43How8v

[Brownstone Research @Brownstone_X]

BREAKING: OKXICE, the joint venture of @ICE_Markets and @okx, opens tokenized stock trading this month with over 70 assets, including @coinbase and @RobinhoodApp shares. Sixty-seven companies objected, including all of the Magnificent Seven.
$COIN $HOOD #Tokenization

[Brownstone Research @Brownstone_X]

Full piece: https://t.co/nY4qGohjmb

Subscribe to First Signal free: https://t.co/c0iev9Mh21

[Brownstone Research @Brownstone_X]

Bitcoin trades near $73,000, right at the 200-day moving average we've watched for a month. Buy-side order book depth has climbed since summer and the halving cycle points to a final low about now, so we see year-end dips as the last entry point.
$BTC $IBIT #Bitcoin

[Brownstone Research @Brownstone_X]

@business Metals are becoming a growth market because of what technology needs. @Tesla is building an Austin factory designed to make 10 million Optimus robots a year, and buildouts on that scale will need metals and materials in volumes the industry has never supplied.

[Brownstone Research @Brownstone_X]

Full piece: https://t.co/nY4qGogLwD

Subscribe to First Signal free: https://t.co/c0iev9LJct

[Brownstone Research @Brownstone_X]

What got lost in last week's AI rout? Job openings bounced back to 7.5 million in September and October payrolls came in 100,000 above expectations. If the recent pullback in oil holds, it could also take some of the sting out of inflation.
$DIA $USO #Economy