For those wondering why premarkets are ugly…it has to do with South Korea:
- KOSPI, South Korea’s index, fell 9.9% for the worst day since March
- Korean lawmakers are reportedly discussing taxes on unrealized stock gains which could also be causing people to sell
- $SPCX did a complete round trip to its opening IPO price and we don’t know how many Koreans are levered in SpaceX but it is a very popular name given $TSLA was a top 5 stock in South Korea…any volatility in SpaceX could also lead to selling across the country
- KOSPI falling is hurting the memory names in the US since Samsung and SK Hynix took a pretty large dip, but you also have $MU earnings tomorrow so it could be people selling into the print
- Finally, you have continued fears of a rate hike with BofA coming out saying we may get 3 hikes this year
Honestly, the last time this happened…people just bought the dip on KOSPI in March. Not sure if this is the time where it actually collapses or if it’s just a typical selloff after going up 95%.
$MU earnings will likely be what decides where we go from here.
Water usage has been a hot topic in the AI data center world, but the numbers may surprise you.
According to the Manhattan Institute, data centers use 0.2 percent of daily water usage in the U.S. and that number has dramatically decreased in the past few years due to a new method: liquid cooling.
By moving to 45°C liquid cooling, AI factories in favorable climates can use dry coolers instead of conventional cooling-tower-based systems, cutting facility cooling water use from roughly 2.6M gallons per MW per year to near zero.
Liquid cooling enables AI factories to be both water and energy efficient, while creating opportunities for heat reuse and dispersal to local communities, allowing these factories to become energy grid assets.
Learn more below ⬇️
https://t.co/7WanoPNKTR
Had the pleasure of being interviewed by Tommy G to expose politicians for their sketchy trades
Pelosi was trading options while serving as Speaker of the House
No investigation. No punishment. Nada.
The biggest scam in life is having to ask for permission for a day off work to spend with your family. Slavery was never abolished, it was rebranded as corporate life. Take risks. Swing for the fences. Or be back from lunch by 1pm till you’re 65…