This “AI efficiency mentor” preaching AI scaling to his audience like he’s the second coming of productivity… but couldn’t be bothered to actually lead his own 5 valuable employees and teach them the exact same workflows he built to scale the whole org. Nah, easier to just replace them all and tweet “GONE” as if there wasn't a better angle to show the value of AI for teams. Real leadership.
$BTC
Bitcoin has reached the 50-Month EMA (purple)
And indeed price is now bouncing from here but this overall reaction is likely to be limited
Over time, Bitcoin is likely to breakdown from this EMA and continue macro downside in this Bear Market
#BTC#Crypto#Bitcoin
BREAKING: China banned Nvidia's, $NVDA, RTX 5090D V2 gaming chip while Jensen Huang was visiting China with President Trump last week, per FT.
Details include:
1. The chip was added to a list of banned goods at China’s customs checkpoints last Friday
2. The move comes as the Chinese government wants to support domestic chipmakers such as Huawei and Cambricon as they catch up to US rivals
3. The RTX 5090D V2 was introduced last August specifically to comply with US export controls
4. It was aimed at Chinese gamers and 3D animators but it has also been bought by AI developers
The AI arms race continues to ramp up.
Shocking stat of the day:
Semiconductor stocks have accounted for more than half of the S&P 500's +8% year-to-date gain, or +563 index points.
NVIDIA, $NVDA, alone has contributed +110 index points to the S&P 500.
This is followed by Micron, $MU, at +58 points, Broadcom, $AVGO, at +44 points, AMD, $AMD, at +40 points, and Intel, $INTC, at +39 points.
As a result, the remaining 495 stocks in the index have collectively contributed +272 points.
This comes as the Semiconductor index, $SOX, has rallied +64%, 8x the performance of the S&P 500.
Chip stocks now also account for 18% of the S&P 500’s market cap, near an all-time high.
Semiconductor stocks are a modern-day gold rush.