موج

[موج @CVDF_]

Talks focus on reducing steel tariffs of up to 50% and 25% auto tariffs, although Washington is reportedly seeking additional Canadian concessions.

[موج @CVDF_]

US AND CANADA NEGOTIATE RELIEF FROM STEEL AND AUTO TARIFFS

The US and Canada are reportedly negotiating a deal to ease tariffs on Canadian steel and automobiles, potentially before the November 3 midterm elections.

[موج @CVDF_]

According to Iranian state TV, Tehran is discussing a proposal involving the lifting of the US blockade with officials from Saudi Arabia, Turkey, and Pakistan.

[موج @CVDF_]

IRAN SIGNALS FLEXIBILITY ON STRAIT OF HORMUZ DEAL

Iran says it could reopen the Strait of Hormuz within 4–5 days, rather than the proposed seven, if its conditions are met.

[موج @CVDF_]

OPENAI ROLLS OUT GPT-6.1 TERRA

OpenAI says GPT-6.1 Terra is rolling out, offering faster, lower-cost AI with improved computer-use capabilities.

The model can understand screens, navigate apps, and automate everyday tasks.

[موج @CVDF_]

FY26 Guide:
🔹 Revenue: $21.00B (Est. $20.61B) 🟢; from $20.5B
🔹 Adj. EPS: $11.55 (Est. $11.18) 🟢; from $11.30
🔹 Adj. Operating Margin: 8.4%; unchanged
🔹 Free Cash Flow: $460M; from $600M

[موج @CVDF_]

CELESTICA $CLS Q3’26 EARNINGS HIGHLIGHTS

🔹 Revenue: $5.83B (Est. $5.46B) 🟢; vs $3.19B LY
🔹 Adj. EPS: $3.30 (Est. $2.97) 🟢; vs $1.58 LY
🔹 Adj. Operating Margin: 8.5%; vs 7.6% LY
🔹 Adj. Oper Earnings: $496.1M (Est. $459M) 🟢

[موج @CVDF_]

It’s part of the up to $750 billion Anthropic has signaled it could spend on computing capacity in the coming years.

[موج @CVDF_]

Anthropic has agreed to spend up to $120.5 billion on computing power from SpaceX, $SPCX, according to its IPO filing.

The deals are with SpaceX’s AI unit and give Anthropic access to Nvidia, $NVDA, chips.

[موج @CVDF_]

This lease will deliver the next generation of NVIDIA Vera Rubin chips for SpaceX's terrestrial compute buildout and is an important step in our plan to build a Super Intelligence future. It represents the largest committed GPU financing ever.

[موج @CVDF_]

SpaceX has officially announced that they have secured $40 billion in the largest GPU financing ever.

The company entered into a $40B master finance lease for GPUs and related equipment with an entity managed by Apollo Global Management.

[موج @CVDF_]

Pretty interesting considering Intel lost the AI software battle to $NVDA CUDA and now wants to avoid making same mistake in quantum by owning tools developers build on before industry takes off

[موج @CVDF_]

$INTC is reportedly acquiring quantum software startup Classiq for ~$2.3B as it looks to build software layer that works across different types of quantum computers.

[موج @CVDF_]

compute prices might even rise more as less new data center capacity gets funded and the current footprint become more scarce.

[موج @CVDF_]

If lending conditions get worse the AI buildout slows down, some neoclouds might get in trouble as they need external capital to build, semis demand slows down in the short-term because of the bottleneck becoming capital, but for hyperscalers ( $AMZN, $MSFT, $GOOGL )

[موج @CVDF_]

the conditions are not that bad as the buildout race slows down and so does the short-term CapEx pressure, competitive pressure from neoclouds & AI model companies as well as

[موج @CVDF_]

next month and years (as spot compute prices are much higher), if demand continues to stay this high.

Worsening financing conditions for neoclouds are actually a gift to hyperscalers, as they keep compute tighter in the future and give hyperscalers back their oligopoly.

[موج @CVDF_]

My comment is that you will continue to see hyperscaler revenue accelerate not just from more data centers coming online, but from hyperscalers under-earning currently on long-term contracts that will roll off and get repriced over the

[موج @CVDF_]

Ben Horowitz on the All-In Pod just said that he spoke to the $AMZN CEO a few days ago, who told him that they are SOLD OUT of compute past 2028 (maybe end of 2028).

[موج @CVDF_]

According to $ANT, 48% of their total revenue comes from the $AMZN, $GOOGL, and $MSFT marketplaces.

Up from 47%, 32%, and 11% in the prior years.

The hyperscalers really control enterprise spend, as their share is growing despite $ANT's brand becoming stronger over this time.