Just heard:
Michael Burry found the real AI danger.
Apollo is pulling in $38 BILLION for AI chips for Anthropic.
Anthropic value: $965B
Samsung value: $850B
Anthropic income: $7B
Samsung income: $230B
These numbers are getting really concerning.
Looks like th
BREAKING: The US military has conducted strikes on Iranian targets in Goruk and Qeshm Island, Iran, in what it described as "self-defense strikes."
The US says the strikes were carried out in response to "aggressive Iranian actions," including the shootdown of a US MQ-1 drone that was operating over international waters.
Retail investors are crushing Wall Street:
Stocks most favored by retail investors outperformed those most favored by mutual funds by 16 percentage points in May, the largest gap since data began in 2018.
The retail favorite stock basket covers mega-cap tech names, including the Magnificent 7 and semiconductor stocks.
This follows a 14-point outperformance seen in April, making it the 2-month largest gap on record.
This also exceeds the previous 13 percentage point record seen in late 2020, during the early stages of the meme stock mania.
Meanwhile, the total amount of money spent on semiconductor options contracts by retail investors is up to 4.9 TIMES the historical monthly average, the highest on record.
This is also ~25% above the prior record set in March 2024.
Retail investors are loving this market.
🚨 Something bad is coming this Monday.
The US-Iran peace deal is falling apart from both sides.
Trump says no. Iran says no. Markets aren't ready.
Monday won't just be a dip. This is a geopolitical shock hitting a fragile system.
Stocks drop. Bonds drop. Bitcoin dro
US personal savings rate dropped to 2.6% in April, the lowest since June 2022. That's 3 straight months of decline. Consumer spending surged 5.7% while income only grew 2.5% - the biggest gap since 2022. People are burning through savings to keep up with rising costs. Household