Big news: China just started making its own lithography machines to take on ASML's chipmaking monopoly.
This follows CXMT's announcement that DDR5 memory production is now at full capacity.
Told everyone to stay away from semis near the top. Got called dumb and told I didn’t get the 'AI trade.'
Most people would’ve caved and changed their mind to fit in. I didn’t.
That’s my #1 rule: stick to the plan and don’t let anyone talk you out of it.
Letting th
🚨 BIG NEWS:
The US Senate might finally pass the Crypto Clarity Act next week 🇺🇸
Trump already said he’ll sign it 'right away'
Odds of it getting through this year hit 38%
This is super bullish for crypto!!
BREAKING: US investment-grade corporate bond funds posted -$7.1 billion in outflows last week, their largest weekly withdrawal since the 2020 pandemic.
On Monday alone, these funds recorded -$8.2 billion in outflows, the biggest daily outflow in over 6 years.
By comparison
Saudi Arabia just slashed the price of its main Arab Light crude for Asia by $11 a barrel for August. That's the biggest cut in at least 26 years, according to Reuters.
⚠️ Heads up:
Michael Burry, the Big Short guy, just warned:
"The stock market's end is coming soon"
Here's what he's betting against:
AI, chip stocks, and semiconductors.
He knows something bad is about to hit.
Something worth noting 👀
On June 15th, Rep. David Taylor (R) purchased Chevron $CVX stock.
Fun fact: He's on the subcommittee that oversees federal pipeline safety regulators.
Chevron runs one of the biggest pipeline networks in the US — directly regulated by that sam