¿Que?

[¿Que? @acarlsen]

@TheRabbitHole @SkepResCenter The Noble Savage Trope

[¿Que? @acarlsen]

@FriedrichHayek It's not just the postlibs...

[¿Que? @acarlsen]

@TrentTelenko I'm still waiting for a shotgun CIWS.

[¿Que? @acarlsen]

@alifarhat79 https://t.co/WG8NnTdFxh

They're currently on the 🐻 side of the equation.

[Fed @lord_fed]

Let me understand this right…

The current narrative is sell the AI capex payer because spend depresses FCF and buybacks. Buy the recipient because that same capex becomes revenue, margin, backlog, and scarcity pricing.

So if hyperscalers cut capex, they can rip and the bottlenecks can puke. I’ve honestly sat here for a while thinking about this… have we created a market where AI capex is heads I win, tails I win?

Capex up? Bottlenecks rally and drag the market higher.

Capex down? Hyperscalers get the FCF/buyback story back and drag the market higher.

[¿Que? @acarlsen]

@unusual_whales

[¿Que? @acarlsen]

@VolSignals Sooo... up we go then.

[¿Que? @acarlsen]

@luusssso It's a square buttplug.

[¿Que? @acarlsen]

@Nano_Aggression @HumanityChad That's clearly a Boxer.

[¿Que? @acarlsen]

@prpl8 Pritzker the Hut?

[¿Que? @acarlsen]

@ezralevant @instapundit Or...

[¿Que? @acarlsen]

@VolatilityQ We could do the funniest thing on July 4...

[¿Que? @acarlsen]

@LaocoonofTroy That's a suplex, not a body slam.

[¿Que? @acarlsen]

@PearlJam The math ain't mathin'

[¿Que? @acarlsen]

@michaeljburry

[¿Que? @acarlsen]

@FriedrichHayek Wait until they realize it's not just California.

[¿Que? @acarlsen]

@RampCapitalLLC How does disappointment taste?

[¿Que? @acarlsen]

@zerohedge

[¿Que? @acarlsen]

@jhubluejays16 @zerohedge Upper 80s? Amateurs.

[¿Que? @acarlsen]

@TallowFan @VidarOdinsonX @SeedOilDsrspctr Welcome to the internet.

[¿Que? @acarlsen]

@jomangblandino @MoonL88537 Claude gave me a 7-legged octopus.