Trump and Bessent surely are making an extraordinary case for
a) every country needs nuclear weapons to deter the US (see how nice he is to everyone in possession of nukes?)
b) no government/central bank can afford holding a large part of their reserves in USD
*ORACLE CORP - IN FISCAL YEAR 2027, ORACLE EXPECTS TO RAISE APPROXIMATELY $40 BLN THROUGH A COMBINATION OF DEBT AND EQUITY FINANCING
*ORACLE CORP - DOES NOT EXPECT TO ISSUE ADDITIONAL DEBT IN CALENDAR YEAR 2026
@SenWarren Started laughing at “the SEC”. Are you aware it doesn’t exist anymore? It is Wild West for Trump and his cronies… and in the end they all get a pardon anyway
Reuters: U.S. officials have visited China multiple times and urged the Chinese side to resolve the InP export controls, but China is still causing delays in export approvals.
As a result, U.S. photonic chip manufacturers that need InP are facing difficulties.
However, China does not appear to be particularly favoring domestic Chinese companies over U.S. companies operating in China. China wants to maintain the bottleneck the U.S. is facing in InP, so most Chinese domestic InP producers are focusing on the domestic market.
Chinese InP manufacturers such as Yunnan Germanium and Guangdong Xiandao are both in talks with Chinese authorities to secure export approvals, but even if approvals are granted, overseas shipments are likely to remain limited.
I wonder in which direction the money will flow. I assume there will be a defense like budget to fund the build out, for “national security reasons” you know… absolutely not to keep the party going and bail Trump and his buddies out
🚨 Breaking: Iran was just given a 2-day ultimatum to reach a deal.
If they fail to do so in 2 days, the consequences are clear: they will have another 2 weeks. Or 2 months.
@BradMunchen 100%. Because it will never be competitive with Data centers on earth. But he even might even pull a Trevor Milton and send a “prototype” to Space though.