Unseelie Gambler

$SPY to $190 🤷

[zerohedge @zerohedge]

An informed source says that the exchange of messages between Iran and the US has been stopped for at least a few days for what is called the initial memorandum of understanding between Tehran and Washington: Fars

[Dow @mark_dow]

Trump has won this war 7 times.

He’s negotiated a peace settlement 12 times.

And he’s opened the Strait of Hormuz at least 4 times.

What more do you want from him?

[Bull Theory @BullTheoryio]

🚨 THE ENTIRE AI BOOM MIGHT BE BUILT ON FAKE REVENUE.

Latest corporate filings show that OpenAI and Anthropic alone make up over half of the entire $2 trillion future cloud backlog held by Microsoft, Oracle, Google, and Amazon.

This massive pipeline is actually being created through a circular accounting trick called a round trip revenue loop.

But how it works ?

A tech giant gives billions of dollars to an AI startup as an "investment". But hidden in the contract is a strict rule forcing the startup to hand that exact same money straight back to the tech giant to rent their computer servers.

Look at the documented case of Microsoft and OpenAI.

When Microsoft invested $13 billion into OpenAI, it didn't just give them cash; it gave them "cloud credits" to use Microsoft servers. OpenAI used those exact credits to train its AI models, and Microsoft then turned around and recorded that server usage as brand new "cloud revenue" from a customer.

The tech giant is literally paying itself with its own money and calling it a sale.

This is why OpenAI’s annual cloud bill has ballooned to over $60 billion, double its actual revenue of $25 billion, kept alive solely by this recycled funding loop.

Anthropic runs the exact same play, spending $2.66 billion on Amazon Web Services in just nine months, which was basically 100% of all the money it earned at the time.

This manufactured demand triggers a second accounting trick where tech giants book massive paper profits. Every time a startup gets a higher value from a new funding round, the tech giant updates the value of its investment on its books and counts that unearned paper gain as direct profit.

In Q1 2026, Alphabet reported a record $62.6 billion profit, but $28.7 billion nearly half, was just a paper markup on its Anthropic investment. In the same quarter, Amazon reported $30.3 billion in profit, but $16.8 billion of it was just an Anthropic paper gain.

While Amazon reported record profits, its actual free cash flow collapsed 95% to just $1.2 billion because it had to spend $44.2 billion in real cash to build physical data centers.

This has created a massive danger where these giant companies rely heavily on just one or two unstable startups. Microsoft has 49% of its $627 billion future backlog tied to OpenAI, while Oracle has an incredible 54% of its entire $553 billion pipeline relying on OpenAI alone.

This perfectly mirrors the 2001 dot-com crash when Global Crossing and Qwest Communications swapped identical fiber-optic network capacity with each other just to book fake sales.

Qwest had to erase $1.4 billion in fake income, and Global Crossing went completely bankrupt.

The only difference is that the dot-com swaps were illegal, but today's AI loop is fully legal under current accounting rules.

This legal loop inflates tech company stock prices, forcing automatic retirement accounts and index funds to buy even more of these tech stocks. It is a self feeding loop where investments, sales, and stock prices all go up on paper without the AI technology ever making real cash profits.

[Unseelie Gambler @Mi3stro]

@DeItaone Lol

[MaxLongTop @bebankless]

@DeItaone

[Unseelie Gambler @Mi3stro]

@LazyFPL Fernandes 2 goals 1 assists.

[FPL FIESTA @Fpl_Fiesta]

GW 34 begins tomorrow.

#FPL #fplfiesta

[*Walter Bloomberg @DeItaone]

TRUMP: ISRAEL NEVER TALKED ME INTO WAR WITH IRAN

[Unseelie Gambler @Mi3stro]

@DeItaone "Environmental Protection Services"

[*Walter Bloomberg @DeItaone]

TRUMP ON IRAN: THEY WANTED TO CLOSE UP THE STRAIT AGAIN

[*Walter Bloomberg @DeItaone]

*TRUMP: FRANKLY, GAS PRICE HASN'T GONE UP AS MUCH AS I THOUGHT

[*Walter Bloomberg @DeItaone]

*TRUMP: STOCK MARKET HASN'T GONE DOWN VERY MUCH AT ALL AFTER WAR

[Unseelie Gambler @Mi3stro]

@DeItaone What?!

[LiveSquawk @LiveSquawk]

White House Pushed Pakistan To Broker Temporary Iran Ceasefire – @FT
https://t.co/q7sJ3gNYBe

[*Walter Bloomberg @DeItaone]

IEA TO RELEASE 400M BARRELS OF OIL—BUT IMPACT LIMITED

The International Energy Agency will release 400 million barrels from emergency reserves—about four days of global oil use and 22% of members’ stocks.

Physical limits mean releases can’t exceed 2.5 million barrels per day, far below the 20 million barrels daily normally flowing through the Strait of Hormuz. Analysts say the move helps, but won’t significantly move markets.

[*Walter Bloomberg @DeItaone]

🚨 IRAN HAS LAID ABOUT A DOZEN MINES IN STRAIT OF HORMUZ, SOURCES SAY

[Unseelie Gambler @Mi3stro]

@DeItaone 'trading'

[Unseelie Gambler @Mi3stro]

@DeItaone Lower!

[Unseelie Gambler @Mi3stro]

@DeItaone If you wait long enough they'll be forced sellers. The bank will eventually become a burden for them...