Donald Chu

Tech AI Crypto Tennis

[Wall Street Mav @WallStreetMav]

40% of Canada’s top 10% earners are gone — doctors, engineers, tech. Exactly the people they need most.

Replaced with third worlders.

Canada educates their Whites, makes life so horrible that they leave for the USA, then imports the 3rd world to replace them.

[Tennis Channel @TennisChannel]

THE BEST POINT YOU'RE EVER GONNA SEE ON A TENNIS COURT 🤯

SIMPLY OUTRAGEOUS FROM NOVAK AND JACK!!

#TennisParadise

[DK🇺🇸🦅🇺🇸 @1Nicdar]

How sick is this? 🤬

Dude’s wearing a Ukrainian flag pin, but was too much of a chicken sh*t to stand for Iryna and her grieving mother.

[Donald Chu @donaldchu]

@DoctorJack16 Exactly. The Norway wealth fund and the other haters can take their money elsewhere.

[Donald Chu @donaldchu]

@SawyerMerritt @xai Would have been great for Tesla shareholders to have the xAI exposure. The board didn’t make a recommendation on this resolution. I wonder if it would have made a difference if they had recommended in favor of it.

[Donald Chu @donaldchu]

@elonmusk Done! Voted in favor of your pay package aligned with boards recommendation. Also voted in favor of the resolution for up to $5B investment into xAI.

[Donald Chu @donaldchu]

@sundarpichai Thank you, Sundar, for leading $GOOGL into the AI age. When everyone was freaking out at $160/ share just a few months ago, I bought heavy knowing that you and Sergei can pull this off. It's clear to me that Google will emerge as one of the AI leaders for years to come.

[Donald Chu @donaldchu]

$GOOGL shares dipped 4% today on hype around OpenAI's ChatGPT Atlas launch – an AI agent browser for summarizing, automating, and chatting your way through the web.
Not going to be the end of Chrome like some people think, far from it. Google's moat is ironclad. Chrome owns 72% of the worldwide browser market with ~3B users.
Switching is a hassle and Google's integrated products like Android, Gmail, YouTube, and Google cloud platform ties users in.
There's likely a heavy overlap for OpenAI's 800M ChatGPT users.
MacOS-only at launch for Atlas for now.
It's not a zero sum game, both can win but more importantly, Google will continue to dominate with Gemini's AI driven search.
I've been buying Google from $150-170's range, today's 4% drop is nothing. Anyone bought the dip?

[Donald Chu @donaldchu]

86% beats for earnings so far. Quality rebounding in October. Q2 GDP at 3.8%, Q3 estimate at 3.3% (Atlanta Fed tracker at 3.9%). Drivers include AI capex, manufacturing renaissance, and resilient consumer spending.
Speculative stocks correcting is a healthy reset. Prioritize Mag 7 quality: Bullish $AMZN $GOOGL $NVDA $TSLA Breadth strengthening + rate cuts ahead: higher into year-end.

[Donald Chu @donaldchu]

NY Greenlights Power for Micron's $100B Chip Plant
New York approved a key 345-kV underground power line today, enabling Micron's massive $100B semiconductor megafab in Onondaga County—the largest private investment in state history. Backed by Gov. Hochul and CHIPS Act, it'll create 50K+ jobs (9K direct), produce 25% of U.S. chips by 2030, with production post-2025. Site prep underway despite high energy demands; news fueled $MU's rally. Boosts U.S. AI/tech supply chains.

[Donald Chu @donaldchu]

Micron $MU shares jumped ~5.5% to $202.55 today 10/16, hitting new highs with AI-driven demand for HBM/DRAM chips. Up 140% YTD, analysts like Morgan Stanley, BNP Paribas ($270 PT), and Citi ($240 PT) cite a "memory supercycle" and undersupply. Q4 FY2025 revenue hit record $11.32B +46% YoY

[The Tennis Letter @TheTennisLetter]

Jannik Sinner wins a FANTASTIC point against Novak Djokovic at the Six Kings Slam.

Huge hitting.

Great court coverage.

The smile at the end from both of them says it all.

Brilliant. 😮‍💨

[Donald Chu @donaldchu]

Is this a regional bank crisis?
The $50 million charge-off at $ZION, while notable, represents a small fraction of its overall portfolio. Zions Bancorp's total loan portfolio was approximately $67 billion as of mid-2024, meaning the charge-off is about 0.075% of its loans. However, the broader concern is the potential for hidden "credit cockroaches" (fraudulent or deteriorating loans). If this issue extends beyond Zions to other regionals, the affected portion could grow.

I would monitor regional bank earnings & earning calls transcripts (next few days/weeks) for delinquency spikes.
Commercial real estate (CRE) delinquency trends
FDIC or Fed statements on systemic risk (likely by late October 2025).
In the short term, I'd avoid Regionals and reduce exposure to $KRE $ZION $WAL. I would pick up dips on Nationals: $JPM $C $BAC as they offer stability.
Other ways to hedge: Shift to $TLT, gold, $BTC, $ETH if cockroach fears escalate.
Long-Term: Unless delinquencies exceed 5% or fraud spreads widely, this is likely a "normal credit cycle" adjustment, not likely to be a 2008 repeat.

[David Sacks @DavidSacks]

Charlie Kirk should have been celebrating his 32nd birthday today. Instead he was posthumously awarded the Presidential Medal of Freedom. He was a martyr for free speech, silenced for speaking the truth. Leftists celebrated his assassination. We will never forget.

[Donald Chu @donaldchu]

Full Press release here
https://t.co/WK9tswdKoz

[Donald Chu @donaldchu]

JPMorganChase $JPM announced a 10-year, $1.5 trillion initiative to finance and invest in U.S. industries vital to national security and economic resilience. The firm will commit up to $10 billion in direct equity and venture capital to support growth and innovation in select American companies across key sectors. 1/

[Donald Chu @donaldchu]

JPMorganChase $JPM plans to expand its existing $1 trillion in planned financing for these sectors by up to $500 billion (a 50% increase), serving mid-market and large clients.

Expertise and Hiring: Recruit more bankers and specialists; form an external advisory council from public/private sectors.
Research and Insights: Thematic studies on private companies, supply chains (e.g., rare earths, AI); leverage the new Center for Geopolitics and Asset & Wealth Management investments.
Policy and Partnerships: Advocate for R&D, permitting, procurement, and growth-friendly regulations; collaborate on talent development and skills training.
4/

[Donald Chu @donaldchu]

Green day today October 13! Last Friday's 3% S&P drop (to 6552) was triggered by Trump's post threatening 100% tariffs on China over rare earth export controls, sparking $20B in crypto liquidations (largest since 2021) and broad selloffs. Crypto saw massive leverage unwinds (e.g., perpetuals up to 250x), wiping out traders—some reports of severe personal impacts. Markets shrugged off the ongoing government shutdown (nearing historic length, though military pay secured). Trump's weekend pivot—"Don't worry about China, it will all be fine"—plus de-escalations from JD Vance, admin officials, and China (framing controls as non-bans, seeking talks) fueled a green rebound today. Futures hinted at recovery, with retail reportedly buying Friday's dip heavily.