Kimble Ke

FinTech, AI, Eng. Mgr | Investor, Strategist | Dual Master degrees MSwE & MBMFinance, & BSc from

[Massimo @Rainmaker1973]

Chinese engineers using wires to perfectly catch rocket booster

[Mao Ning 毛宁 @SpoxCHN_MaoNing]

AI robots work in cotton fields across NW China’s Xinjiang — spraying, weeding, and topping plants. All automated, no human in sight.

[The Kobeissi Letter @KobeissiLetter]

Shocking stat of the day:

Nvidia, $NVDA, Micron, $MU, Broadcom, $AVGO, and Applied Materials, $AMAT, are now expected to generate a record $430 billion in combined free cash flow (FCF) over the next 12 months.

That would be more than TRIPLE the FCF they generated just 2 years ago.

At the same time, the combined FCF of Amazon, $AMZN, Alphabet, $GOOGL, Meta, $META, Microsoft, $MSFT, and Oracle, $ORCL, is projected to turn negative for the first time on record.

That would mark a massive reversal from the +$260 billion peak reported by these companies in 2024.

This comes as AI-related CapEx by these 5 companies is estimated to surge to ~$1.8 trillion in 2026 and 2027 combined.

Chipmakers are becoming cash machines, while AI giants are burning record amounts of capital.

[CNSPACE @CNSpaceflight]

It's just the starting. More work ahead

[China Perspective @China_Fact]

DJI drones support in-flight battery swap for continuous operation.

[Bloomberg @business]

China successfully landed an orbital-class reusable booster at sea for the first time, making it the second nation to achieve the milestone https://t.co/3uKRh28BBG

[Kimble Ke @Kimble__Ke]

From one to infinity

[China Xinhua News @XHNews]

China has achieved its first-ever controlled recovery of a rocket booster, a breakthrough for the country's reusable space tech. On the maiden flight of Long March-10B, the rocket successfully placed its payload into orbit, and its first stage returned and was captured by a net system on a seaborne platform.

[The Kobeissi Letter @KobeissiLetter]

Markets in Taiwan and South Korea are experiencing unprecedented inflows:

Total equity fund inflows into Taiwan have risen to +155% of assets under management (AUM) since January 2024, the largest among all global markets.

South Korea has followed closely, at +150% of AUM over the same period, tripling so far in 2026.

Both are now running at least +500% above every other market.

South Korea also leads all markets with +45% of AUM in inflows year-to-date.

This is followed by Brazil, at +25%, and Taiwan at +18%.

Capital is flooding into Asia at an unprecedented pace.

[The Kobeissi Letter @KobeissiLetter]

Chinese AI stocks are skyrocketing:

Shares of Zhipu, a Chinese AI model developer, have surged +2,000% year-to-date in Hong Kong.

MiniMax, another Chinese AI model developer, has gained +260% over the same period.

Both companies build LLMs similar to ChatGPT and Claude, and have become key beneficiaries of China’s domestic AI investment boom.

The rally was further fueled this week after China introduced new measures to expand AI adoption across consumer markets, e-commerce, logistics, and retail, while the securities regulator pledged to ease listing requirements for AI companies.

China’s AI boom is accelerating.

[App Economy Insights @EconomyApp]

$SPCX The SpaceX IPO is here!

What are you buying for $1.75 trillion?

• Space holds the moat.
• Connectivity makes the money.
• AI carries the valuation premium.

[Mastercard @Mastercard]

As AI agents begin to act, payments move into the background — at machine speed and massive scale.

Today we’re introducing Mastercard Agent Pay for Machines — bringing structure, governance, and trust to this new class of payments.

Launching with 30+ partners to bring this to life from day one.

This isn’t just more payments. It’s a new operating model for commerce.

👉 Learn more: https://t.co/TeS6Lj8jLO

[The Kobeissi Letter @KobeissiLetter]

BREAKING: May CPI inflation rises to 4.2%, the highest level since April 2023.

Core CPI inflation also rises to 2.9%, the highest since September 2025.

Inflation in the US is officially back above 4% and more than double the Fed's target.

Odds of Fed rate hikes are rising.

[MarketWatch @MarketWatch]

These ‘nerds’ earned millions betting on space years before the SpaceX IPO made it cool https://t.co/J1GB7ZW9A1

[Global Index @TheGlobal_Index]

Map showing countries and territories with a higher GDP per capita than the world average; 34.2% of the human population lives in these areas

[Jason Smith - 上官杰文 @ShangguanJiewen]

The four largest banks in the world are all Chinese.

This is why China's stock market is not a good metric for understanding China's economy.

Most Chinese companies take loans from banks, not IPOs.

[Mao Ning 毛宁 @SpoxCHN_MaoNing]

Robots are now able to do the tricky needle-threading that many people struggle with.

[McKinsey Global Institute @McKinsey_MGI]

As AI reshapes work, the skills that endure may surprise you. MGI’s analysis of 11 million job postings shows that most skills are evolving, not disappearing.

The fastest-growing skill? AI fluency.
Some of the most resilient? Coaching, negotiation, and conflict.

Discover how roles could change in the age of AI: https://t.co/fRXfHF1k56

[The Kobeissi Letter @KobeissiLetter]

As a result, we have seen the most hawkish shift in Fed expectations since post-pandemic stimulus.

The BASE case shows two rate HIKES by early 2027.

There is even a rising 17% chance of 3 rate HIKES by April 2027.

Just months ago, markets saw up to 4 rate CUTS in 2026 alone.

[The Kobeissi Letter @KobeissiLetter]

What just happened?

The S&P 500 just erased nearly -$2 TRILLION of market cap just hours after 3rd strongest US jobs report in 18 months.

Meanwhile, Bitcoin is officially down over -50% from its record high in October 2025.

What's happening? Let us explain.

(a thread)

[The Kobeissi Letter @KobeissiLetter]

What is happening here?

The US birthrate is now down -30% since pre-2008 levels while financial wealth is at record highs.

Why? Because only asset owners are able to afford this economy.

As shown in our below analysis, this crisis accelerated in both 2008 and 2020.

And, with every recession and every round of inflationary economic stimulus, the crisis simply accelerates even further.

Now, we are seeing the biggest divergence between the S&P 500 and the US birth rate in history.

The result? Tons of young Americans simply cannot afford to have kids in another sign of the "K-Shaped" economy.

The US is facing a massive demographic crisis.