First impression of Claude 4.8: pretty sharp. I gave it my standard intelligence test (can it solve post-labor economics without searching the internet). It did pretty well.
On the first message (depicted below) it nailed that capital is the primary move as wages erode.
Love seeing the community get more out of https://t.co/guUuBs9DS3. Fresh summary: https://t.co/ZHsVNZYOET #YouTube
Usage is up and we're ranking better on Google. Win-win.
@JSE_Invest the problem is the stock based comp which offsets buybacks quite substantially. when your business suffers regulatory crackdown you shouldn't dilute your stock and fill your pockets. bad move.
@ReneSellmann Tiger, on the other hand, seems less affected because it is generally perceived as a smaller player with lower expectations and visibility. Still, there is reputational damage and it mainly depends on how far the news spreads and whether customers actually care. 2/2
@ReneSellmann Regarding your first question, that crossed my mind as well. Futu likely suffered more damage because I viewed it as the emerging broker — the one with a seat at every table and a strong growth trajectory in user assets. That creates a greater degree of reputational exposure. 1/2
@pandawatch88 “Confiscate illegal gains” means they would seize the client’s profits and transfer them to the PRC, not merely tax them, right?
If the client has already cashed out, would FUTU then be liable to pay on the client’s behalf? And what kind of amount could $FUTU be exposed to?
@AKL_019 According to “Futurezone,” the sale could proceed without approval in Austria, but with major consequences: MediaMarkt might withdraw from Austria, putting around 2,000 jobs across 56 stores at risk.
@pandawatch88 It sounded like baba is going all out doing alphabet moves. market perception can change but now it sounds like a huge effort and questionable if they can do it right.