Gavan Ganung

Stock picker, trader, toolbuilder. Compounding my own capital for decades. Writing at Snocap.

[Gavan Ganung @GavanInvests]

OpenAI put its AWS agents on stage at DevDay today.

Bedrock Managed Agents lets companies run OpenAI agents entirely inside AWS. The data never leaves Amazon's cloud. It's still a limited preview, and $CRM is the named customer.

Same week, Reuters reported Anthropic's IPO filing: $110B of compute committed to Amazon, out of $518B total, about 80% of which can't be canceled.

Both leading labs now have serious business running through it.

$AMZN is my largest position, about a fifth of my book. I am compelled to keep adding to my position here. I am surprised Amazon is still lagging since the last earnings.

[Gavan Ganung @GavanInvests]

https://t.co/lwhC6nZdcs

[Gavan Ganung @GavanInvests]

Workers' share of business output: lowest since 1947.
After-tax corporate profits as a share of GDP: highest since 1947.

AI didn't start this. It pushes the same direction, faster.

If you only sell your time, you're on one side of that trade. Own even a small piece and you're on both.

Check out my write up on this topic.

[Gavan Ganung @GavanInvests]

OpenAI announcing dots as the $META Muse competitor today. Dots is only available to Pro plans and the features dont look any better than what Muse offers. Now we have Grok Bot by $SPCX, Muse, and Dots competing.

But no one can compare with $META essentially free offer as a personal assistant. I think Muse has the best runway now to win over customers.

Looking forward to $GOOGL inevitable offering in this space.

$AAPL notably missing the boat with their latest Siri release.

[Gavan Ganung @GavanInvests]

@trylimitlessfin Growth rate

[Gavan Ganung @GavanInvests]

I am still surprised we haven't seen a $DASH or a $UBER Muse connector.

[Gavan Ganung @GavanInvests]

$META is going to crush SMB with Muse
https://t.co/M0YXw5NImT

[Alexandr Wang @alexandr_wang]

1/ muse for small businesses 📊

we found lots of people using muse to run their small business. plumbing businesses, grocery stores, farms, restaurants, and shops.

today we're launching a bunch of connectors to make that easier!

[Gavan Ganung @GavanInvests]

Since Opus 5.5 I dont have to check my usage every hour. Insane upgrade and value.

[Gavan Ganung @GavanInvests]

Insane if true
https://t.co/iOyXUCEsV3

[Oguz Erkan @oguzerkan]

This is insane.

Oil exports from the Persian Gulf are almost back to pre-war levels.

Meanwhile, Iranian exports have literally hit zero.

Blockading Iran’s blockade actually worked.

Iran can’t stand this for much longer.

[Gavan Ganung @GavanInvests]

State of the Markets https://t.co/GwNcbzt18L

[Gavan Ganung @GavanInvests]

@SixSigmaCapital That $TWST is unstoppable

[Gavan Ganung @GavanInvests]

Hoping for peace in the Middle East
https://t.co/1icFY52JDW

[amit @amitisinvesting]

IRAN AGREES TO SUSPEND URANIUM ENRICHMENT IN EXCHANGE FOR U.S. SANCTIONS RELIEF — AL HADATH

- MEDIATORS ARE PRESSURING IRAN TO MAKE CONCESSIONS ON ITS NUCLEAR PROGRAM.

- IRAN HAS AGREED TO HALT URANIUM ENRICHMENT IN EXCHANGE FOR RELIEF FROM U.S. SANCTIONS.

Al Hadath is the Saudi Arabian state-owned news agency…markets liking it but we need a real deal to come to fruition now, if Iran is actually willing to give up uranium enrichment for sanctions relief…that could be meaningful progress on the potential for a deal.

[Gavan Ganung @GavanInvests]

At the end of 2023 Uber made $3.4B of free cash flow and traded at 39 times it.

Today it makes $10.1B and trades at 13.9 times.

The market is pricing a world where robotaxis go around Uber. Here's the world I think we get instead. https://t.co/G68hkrJFjD

[Gavan Ganung @GavanInvests]

Built a lofi stream for traders where every song is generated live in your browser.

None of them existed before you pressed play.
Put it on at the open. Sit tight.

https://t.co/M9Vk71gTJe

[Gavan Ganung @GavanInvests]

@Investinc_Intel Looks like it came from Microsoft with collaboration with OpenClaw team which was purchased by OpenAi

[Gavan Ganung @GavanInvests]

The claw!! Interesting partnership with openai here. i imagine that we will see a new agent from openai anytime. $MSFT gets first dibs.
https://t.co/J1ZM0yLGDr

[Peter Steinberger 🦞 @steipete]

Microsoft shipped a really compelling product on top of @OpenClaw today. We worked with them since March to make the codebase ready for large-scale deployments, they are a great partner and open-source contributor. 🙏🦞

[Gavan Ganung @GavanInvests]

@CathieDWood early days

[Gavan Ganung @GavanInvests]

Anyone out there attempting to short the refiners with this Iran news? $DINO $PBF $MPC I can't trust the headlines but those names had quite the run over the past month.

[Gavan Ganung @GavanInvests]

Agents for enterprise. AI is at the point now that the model itself is not important.
https://t.co/PQGww1OtpD

[Satya Nadella @satyanadella]

We’re building Copilot as a new OS for work that spans every model, every form factor, and every task. Today, we’re announcing our biggest update to Copilot to date, bringing four things together:

· Autopilot: proactive and long-running agent built for the enterprise
· Code: build apps with Copilot, hosted inside your company’s tenant
· Home: Chat + Cowork together
· Office: now fully embedded in Copilot (and Copilot embedded in Office, of course!)

Plus, you can invoke Copilot in Teams, and we’re introducing Today, a proactive experience that surfaces the most important information from across M365 without needing to ask for it.

The way we work is changing and so are our workflows. This update brings AI into that flow, from answering a question, to building an app, to getting work done on your behalf.