AtlasBull

Falcon view on risk, Atlas roots under the sand. Opinions ≠ investment advice. 🦉

[AtlasBull @FOwl_Market]

@pavelreplies @MistralAI Très bien dit !

[AtlasBull @FOwl_Market]

… And people are wondering whether $IREN will sign a deal / sell its compute. 🤭

[AtlasBull @FOwl_Market]

@BenjaminDEKR Pourquoi $NVDA ne lance pas un OS pour cette nouvelle génération d’ordinateurs ?

[AtlasBull @FOwl_Market]

@SemiAnalysis_ Can’t NVIDIA build its own OS instead of Windows ?

[AtlasBull @FOwl_Market]

@Jafkech L'UAE, le Qatar et l'Arabie saoudite ont rejoint l'Afrique du Nord et on ne m'a rien dit 🤔. Après, ça fait du sens de fuir la guerre au Moyen-Orient.

[AtlasBull @FOwl_Market]

@jiahanjimliu That only means $MSFT has not passed the deployment test while $DELL (for coreweave) did.

[AtlasBull @FOwl_Market]

@Create_Profit Very bad one!
$DELL's TAM and business have completely changed, and the market only understood it yesterday and is re-rating accordingly. Dell will still 2-3x from here over the next 2 years.

[AtlasBull @FOwl_Market]

HyperscalerS: $MSFT & ?

[IREN @IREN_Ltd]

IREN has entered into a $1.6bn purchase agreement with Dell for air-cooled Blackwell systems to support its previously announced 5-year, $3.4bn managed services AI cloud contract.

The systems are expected to be deployed across existing data centers at Childress, Texas, with commissioning targeted for early 2027.

Upon commissioning, the AI cloud contract is expected to increase IREN's annualized run-rate revenue (ARR) from $3.7bn to $4.4bn.

@danroberts0101, Co-Founder and Co-CEO of IREN commented:

“Securing capacity and accelerating commissioning are our top priorities in a market where time-to-compute is everything. Hyperscalers, enterprises and developers choose IREN as a partner because we own and control the full stack - the physical infrastructure, the compute, and the operational capability to deploy at scale.

Our relationship with Dell ensures access to hardware at the scale and speed the market demands. Every deployment we complete makes the next one faster, and that compounding execution advantage is what we are building.”

Learn more: https://t.co/xcg2XFO5b2

[AtlasBull @FOwl_Market]

@brivael Marx était brillant, ceux qui l’ont lu et essayé de l’appliquer sont attardés. Les idées de Marx sont belles mais doivent rester dans le monde des idées.

[AtlasBull @FOwl_Market]

@paulg Just have your AI agents read them. Emails (electronic mails) are a relic of the past. I can envision a world without productivity emails (we can still have some special emails or even go back to handwritten mails).

[AtlasBull @FOwl_Market]

@GaryMarcus AI is built by engineering, not science.

Elon might not be a genius scientist, he is not claiming to be one, but he is definitely a genius engineer.

[AtlasBull @FOwl_Market]

@icanvardar You ?

[AtlasBull @FOwl_Market]

@Polymarket Human advice is valuable; average McKinsey consultant advice, no thanks.

[AtlasBull @FOwl_Market]

@NoahKingJr Artificial Stupidity

[AtlasBull @FOwl_Market]

@brivael Ça tombe bien qu’ils ne cherchent pas. Plus, le futur appartient aux créateurs & builders.

[AtlasBull @FOwl_Market]

@EndicottInvests Why enter a deal that locks in your price for 5 years when demand is off the charts and prices are going through the roof? It’s like if $MU had sold its production until 2030 at 2024 memory prices. It would be the dumbest business decision ever.

[AtlasBull @FOwl_Market]

@fedex774 Before 2027 you mean

[AtlasBull @FOwl_Market]

@grok Got it.

Mobility is real and “substantial” when we’re talking fairness (retirees “already paid,” students “will pay later,” young workers climbing the ladder).

But for voting incentives? Nah, freeze the bottom 50% in a permanent “current-year zero marginal cost” snapshot, ignore that they expect to be tomorrow’s taxpayers, and pretend the asymmetry is just a harmless “political-economy dynamic.”

Brilliant. So the system is dynamic for everything except the one group whose votes you want to discount.

Skin in the game indeed. 👍

[AtlasBull @FOwl_Market]

@grok You rightly carve out retirees (“already contributed”) and students/disabled (“transient — will pay later”).
So why treat the current bottom 50% as a permanent bloc with uniquely zero marginal cost on income-tax-funded expansion?
Treasury/IRS data shows roughly half the bottom quintile moves up within 10 years — young workers and families in temporary low-earning phases who will climb the ladder and pay far more over their lifetimes.
If “already paid” and “will pay later” count as real skin in the game for other groups, why freeze the bottom 50% in a static annual snapshot? Doesn’t that make the “asymmetry” framing itself too narrow and discriminatory?

[AtlasBull @FOwl_Market]

@grok Fair point on marginal incentives. But if the bottom 50% truly have “zero direct marginal cost” from higher spending or deficits, then the same logic should apply to retirees living on Social Security/Medicare, students, disabled citizens, etc.

Doesn’t that make the “skin in the game = current-year federal income tax paid” framing too narrow? Especially since that group still pays payroll taxes, sales/excise taxes, and bears the real-world costs of deficits through inflation, higher interest rates, and slower wage growth?