Jay

Never let a good crisis go to waste

[Las Vegas Locally 🌴 @LasVegasLocally]

Professional poker player Jared Griener says he was ambushed, hogtied, and robbed of his entire bankroll inside his Las Vegas Airbnb on Sunday night — minutes after cashing out his World Series of Poker winnings (about $57,000).

[NoLimit @NoLimitGains]

Uhoh. China.

[Michael | Hypermarkets @itsmichaelluu]

The AI "bubble" already popped.
Average drawdown: -42% from peaks so far:

🔴 NuScale $SMR -85%
🔴 Oklo $OKLO -76%
🔴 Redwire $RDW -69%
🔴 Navitas $NVTS -63%
🔴 Oracle $ORCL -62%
🔴 Intuitive Machines $LUNR -62%
🔴 AST SpaceMobile $ASTS -58%
🔴 IonQ $IONQ -57%
🔴 Planet Labs $PL -57%
🔴 Super Micro $SMCI -56%
🔴 Applied Opto $AAOI -56%
🔴 Rocket Lab $RKLB -55%
🔴 IREN $IREN -54%
🔴 Ondas $ONDS -53%
🔴 Tempus $TE -51%
🔴 ServiceNow $NOW -50%
🔴 CoreWeave $CRWV -50%
🔴 Applied Digital $APLD -43%
🔴 Ouster $OUST -42%
🔴 Arm $ARM -42%
🔴 Bloom Energy $BE -39%
🔴 Nebius $NBIS -38%
🔴 Palantir $PLTR -38%
🔴 Marvell $MRVL -37%
🔴 AeroVironment $AVAV -34%
🔴 Cameco $CCJ -33%
🔴 Coherent $COHR -32%
🔴 Western Digital $WDC -31%
🔴 Vistra $VST -30%
🔴 Constellation $CEG -30%
🔴 Microsoft $MSFT -28%
🔴 Intel $INTC -28%
🔴 SanDisk $SNDK -27%
🔴 Lumentum $LITE -26%
🔴 Micron $MU -24%
🔴 Kratos $KTOS -22%
🔴 Broadcom $AVGO -21%
🔴 Vertiv $VRT -19%
🔴 Dell $DELL -17%
🔴 Meta $META -17%
🔴 Red Cat $RCAT -15%
🔴 Alphabet $GOOGL -10%
🔴 Nvidia $NVDA -10%
🔴 AMD $AMD -9%
🔴 TeraWulf $WULF -8%
🔴 Amazon $AMZN -8%
🔴 GE Vernova $GEV -7%
🔴 Taiwan Semi $TSM -6%
🔴 ASML $ASML -5%
🔴 Arista $ANET -5%

UPDATED cheatsheet for you to save:

[The Kobeissi Letter @KobeissiLetter]

BREAKING: US stock market futures extend losses as the US announces its sixth consecutive night of strikes on Iran.

[Wall St Engine @wallstengine]

NETFLIX $NFLX Q2’26 EARNINGS HIGHLIGHTS

🔹 Revenue: $12.56B (Est. $12.59B) 🔴; +13% YoY
🔹 EPS: $0.80 (Est. $0.79) 🟢; +11% YoY
🔹 Oper Margin: 33.4%; -70 bps YoY
🔹 FCF: $1.53B (Est. $2.72B) 🔴; -33% YoY

Q3’26 Guide:
🔹 Revenue: $12.86B (Est. $13.01B) 🔴; +12% YoY
🔹 EPS: $0.82 (Est. $0.84) 🔴
🔹 Operating Income: $4.27B (Est. $4.36B) 🔴
🔹 Operating Margin: 33.2% (Est. 33.5%) 🔴

Narrows FY26 Outlook:
🔹 Revenue: $51.0B-$51.4B (Est. $51.41B) 🔴
🔹 Revenue Growth: +13%-14% (Prior: +12%-14%)
🔹 Operating Margin: 31.5% (Est. 31.7%) 🔴
🔹 FCF: ~$12.5B (Est. $13.09B) 🔴
🔹 Advertising Revenue: ~$3.0B; roughly 2x YoY

Regional Revenue:
🔹 UCAN: $5.43B; +10% YoY
🔹 EMEA: $4.03B; +14% YoY
🔹 LATAM: $1.58B; +21% YoY
🔹 APAC: $1.51B; +16% YoY

Other Q2 Metrics:
🔹 Operating Income: $4.19B; +11% YoY
🔹 Net Income: $3.40B; +9% YoY
🔹 Operating Cash Flow: $1.74B; -28% YoY
🔹 H1 View Hours: >97B; +2% YoY
🔹 Share Repurchases: $4.7B; largest quarter to date

Key Updates:
🔸 Q2 FCF was pressured by higher cash tax payments, partly related to the WBD termination fee.

🔸 GenAI workflows were used in roughly 300 titles in 2026, primarily in post-production.

🔸 Netflix will move its What We Watched report to an annual Q1 publication starting in 2027.

🔸 Recent price increases performed in line with the company’s expectations.

Comments:
🔸 “Our financial performance remains solid and we’re on track to meet our objectives for the year.”

[Barchart @Barchart]

JUST IN 🚨: Nasdaq 100 $QQQ is on track for its worst July in 22 years

[unusual_whales @unusual_whales]

1.2 million Korean investors have been hit with margin calls this last week, reportedly 1 in every 30 working-age adults, per CT

[Kalshi Finance @Kalshi_Finance]

BREAKING: 1 in 30 South Koreans hit with margin calls as the KOSPI crashes

[The Kobeissi Letter @KobeissiLetter]

BREAKING: China’s crude oil imports dropped -41% YoY in June, to 29 million tons or 7 million barrels per day, the lowest in 10 years.

MoM, oil imports fell by -4 million tons, or -12%, to the weakest level in 8 years.

Import volumes have now declined -26 million tons, or -47%, since the late-2025 peak.

By comparison, the average between 2020 and 2025 was ~45 million tons per month.

Meanwhile, China's seaborne crude imports stood at around 6 ⁠million barrels per day in June, with imports from the Middle East falling to their lowest in 10 years.

At the same time, Iranian oil imports fell -40% MoM, to below 800,000 barrels per day.

The Iran War has created a historic supply shock.

[Just a Dude Who Invests @DudeWhoInvests]

The stock market everyday

[NoLimit @NoLimitGains]

Something is happening in China.

[Polymarket Money @PolymarketMoney]

JUST IN: Canada was the “biggest buyer” of US Treasuries in May

[Watcher.Guru @WatcherGuru]

JUST IN: 🇹🇼🇺🇸 Taiwan's semiconductor $TSM to invest an additional $100 billion in its Arizona chip plant.

[Barchart @Barchart]

Short Sellers have made almost $4 Billion betting against SpaceX $SPCX

[Evan @StockMKTNewz]

UNITEDHEALTH $UNH JUST REPORTED EARNINGS

EPS $6.04 beating expectations of $3.74🟢
Revenue of $112B beating expectations of $110.7B🟢

[unusual_whales @unusual_whales]

BREAKING: $TSM earnings:

- EPS: $4.31, est: $3.77
- Revenue: $40.20 billion, est: $39.7 billion

[Messi Fanatic @MessiFanatic_]

This is so cruel 🤣😂😭

[林和停 @heting1578]

在死亡的边缘疯狂试探～

[作家崔成浩 @cuichenghao]

昨天，内地一货车拉钢卷，因为没捆结实，沿途洒落数千米，视频车主为发抖音，一直慢慢跟在后面拍视频，而不是迅速追上去告诉货车司机，而饱受网友批评。