Luís Melim Pereira

Development Finance and Foreign Investment. Economics and guitar geek. Dad.

[Puppies & Positivity @Puppieslover]

Tigers look orange to humans because we are trichromats, but they appear green to deer and wild boars because they are dichromats.

[Luís Melim Pereira @luismelim]

Lex getting the 1A treatment

[DCU Brief @DCUBrief]

New set video of Superman vs Lex Luthor in 'Man of Tomorrow'

(Via James Nobbe on Facebook)

[Luís Melim Pereira @luismelim]

To me the new Ferrari Luce has a great interior, nice innovations and tech but… Ferrari feels like the wrong brand for this car.

Ferrari just lost 3bn in market value after the reveal, literally diluting brand value. 3bn would be enough to buy a brand like Lucid Motors and, with the right price point, turn the Luce into a Plaid S competitor now that Tesla stopped building them

[Ferrari Japan @FerrariJPN]

クリエイティブ集団LoveFromのJony IveとMarc Newsonとのコラボレーションにより生まれた #FerrariLuce

削ぎ落として形づくられた彫刻的なシルエット。そしてシェル状フォルムと純粋な造形を想起させるスタイリング。

Rosso FiammanteとGiallo Luceをまとい、姿を現したイノベーション。それはこれまでの常識を覆す、新たなデザイン言語の純粋性を映し出す存在。

#Ferrari

[Rihard Jarc @RihardJarc]

A MUST-read interview with a Siemens employee explaining just how high demand is for energy equipment right now because of AI:

1. The whole situation is shocking even for people who have been in the business for 40 years. They are getting orders that are double the size of what their entire factory can produce in a year.

2. Demand is so high in the last 5-8 months that they don't need to convince or send any analysis (such as CO2 emissions, etc.) to clients because they just want the equipment, because there's so much backlog that they just want to catch the order.

3. Decisions are being made very quickly by clients; the backlog for some of the energy equipment companies is 5-6 years. For transformers, the situation is even more difficult.

4. He mentions that right now, data center builders do not care about sustainability; they just want power at any expense, reliable power. They say they will think about sustainability later.

5. The orders have gone from previous 20-30 MW orders to now 200-500 MW units. Customers have previously wanted to get equipment from different OEMs, but now they prefer an integrated standardized solution.

6. An interesting dynamic is that even though the data center requires 100 MW, the builders are buying N+1 units of gas turbines (so more than just for 100 MW) as backups, as well as having more energy capacity, as they believe they will continue to grow that data center.

7. He does believe there is some double booking going on on transformers and switchgears because of extra-long lead times.

8. Everyone is trying to reduce PUE, and water use effectiveness, but even after improving, they just use the same power to run more compute.

9. The problem is also liquid cooling, as it is expensive, and water availability in many regions is a problem.

10. Margins on equipment in the sector have gone from 4-6%, where they were 2-3 years ago, to 20-23% and in some cases even 40%. The data center builders know the margins are high, but they are fine with it because they just want to get it.

found on @AlphaSenseInc

[João Miguel Correia @joaocorreia_dev]

A uve actualizou os números do custo de €/Km
Fóssil vs elétrico

[Luís Melim Pereira @luismelim]

Probably a data issue. Announced cuts so far are large (2 million seats out of 130million/year) but not that deep

[Alexander Stahel 🌻 @BurggrabenH]

Probably nothing

H/t @gemoscatelli

[Charlie Bilello @charliebilello]

Global Central Bank Update:
-Australia hiked rates for the third straight meeting, 25 bps move up to 4.35%.

https://t.co/l5IYmkeySJ

[More Perfect Union @MorePerfectUS]

The cost of domestic plane tickets has risen dramatically this year, per WSJ.

[The Kobeissi Letter @KobeissiLetter]

Global airlines are cancelling flights at an unprecedented pace:

Airlines have cut 2 million seats and 12,000 flights worldwide from their May schedules over the last 2 weeks, reducing the total available seats to 130 million.

This comes as jet fuel costs have DOUBLED since the Iran war began, forcing carriers to cancel unprofitable routes, switch to smaller aircraft, and raise ticket prices.

Turkish Airlines and Air China account for the largest seat reductions, cutting ~520,000 and ~490,000 seats, respectively.

Lufthansa leads in flight cancellations, at ~4,000 flights in May alone, with the airline having removed 20,000 flights from its schedule between May and October.

Meanwhile, Gulf carriers, including Emirates, Etihad, and Qatar Airways, are still operating well below pre-conflict capacity, as the closure of Gulf airports has disrupted ~33% of all European journeys to Asia.

Singapore and Tokyo airports asked carriers not to add extra services to limit jet fuel use, and Vietnam introduced jet fuel rationing.

The global aviation shock is spreading.

[Portugal at the UN @Portugal_UN]

At #ECOSOC FfD Forum, Portugal stressed the need for a coherent, inclusive & rules-based financial system that supports sustainable development: stronger coordination, sustainable debt solutions, & renewed multilateralism so countries can invest in people, not just service debt.

[Alex Turnbull @alexbhturnbull]

Summer plans cancelled folks.

[Portugal at the UN @Portugal_UN]

At today’s @UNECOSOC special meeting on credit rating agencies, 🇵🇹Portugal stressed need for more evidence-based and forward-looking sovereign assessments, better use of MDB data and expertise, and stronger country capacity to engage with rating processes fairly and effectively.

[Andrew Curran @AndrewCurran_]

Striking image from the new Anthropic labor market impact report.

[Luís Melim Pereira @luismelim]

Home

[Nationalist @euronationalizt]

The European Hawaii

[Xavi Ruiz @xruiztru]

Percentage of monthly income needed to rent 100m2 by European region.

[Blossom @meetblossomapp]

The 2 eras of Apple $AAPL leadership 🍏

[Boring_Business @BoringBiz_]

Still crazy to think that one of the smartest minds of history (Isaac Newton) lost all his money investing in a financial bubble

Goes to show that raw intellect has very little to do with being a good investor

[The Kobeissi Letter @KobeissiLetter]

Something is seriously wrong here:

For the first time in history, a NEW home in the US costs $33,500 LESS than an EXISTING home, per Reventure.

Not even June 2005 saw such a large gap, right before the 2008 Financial Crisis.

What is happening? Let us explain.

(a thread)

[Financial Times @FT]

The spending required to build the data centres needed to power the AI era will be one of the biggest movements of capital in modern history.

Who will pay for the $3tn AI building boom? We take a look here: https://t.co/icgpeSWpNw

[Aleksander Holynski @holynski_]

Something fun we discovered: you can use #Genie3 to step into and explore your favorite paintings.

Here's a short visit to Edward Hopper's "Nighthawks".