wHaTeVeR

I just don't care

[Andrew Lokenauth @FluentInFinance]

It’s absolutely wild that the U.S. prints trillions of dollars out of thin air, dilutes the value of every dollar you earn, and most people have no clue.

[El Playero de la AXION @PlayeroDeAxion]

Te dejo el auto para que lo revises, últimamente calienta un poquito.

[Ricardo @Ric_RTP]

Google just reported $99 billion in profits it never actually received.

Alphabet posted net income of $112.1 billion for a single quarter. Earnings per share came in at $9.11 against a Wall Street estimate of $2.87.

That is one of the largest profit quarters any company has ever printed.

Yet the stock fell about 7% the same day.

When people read past the headline and opened the earnings release, they found the reason sitting in one footnote...

$99 billion of that profit came from a line called other income. Alphabet describes it as "primarily the result of net unrealized gains on our equity securities."

So Google did not sell anything. It marked up shares it already owned and ran the increase through its income statement.

That single line added $77.1 billion to net income after tax. It accounted for $6.26 of the $9.11 in earnings per share.

Strip it out and adjusted earnings per share were $2.85. Analysts wanted $2.89. The ACTUAL business missed.

Now here is what makes this insane:

Most of that $99 billion came from two holdings, SpaceX and Anthropic.

SpaceX went public on June 12 at roughly $1.77 trillion, up from about $400 billion a year earlier. Alphabet's stake is worth $94.1 billion, and roughly $80 billion of it sits under sale restrictions.

Anthropic went from a $350 billion valuation to $965 billion inside the same quarter. Alphabet's private company holdings were worth about $124.3 billion on June 30, and the vast majority of that is Anthropic.

Google cannot sell either position right now.

Now trace where that valuation came from:

Google started putting money into Anthropic in 2023. A $300 million bet has grown into a $13.3 billion position with commitments of up to $30 billion more.

Anthropic committed to buying at least five gigawatts of computing capacity from Google Cloud.

Google Cloud revenue then grew 82% to about $24.8 billion, the strongest quarter that business has ever had.

That growth is part of the story the market uses to price both companies.

And when Anthropic's valuation jumped, Google booked the jump as its OWN profit.

Google is the investor, the supplier, and the party deciding what the asset is worth. A tax and accounting consultant named Robert Willens flagged this back in April, pointing out that Alphabet is able to influence the value of one of its own assets.

And Alphabet's free cash flow for the quarter was negative $5.9 billion. That is the first negative quarter since Google went public in August 2004.

Capital spending hit $44.9 billion. Operating cash flow was $39.1 billion. Capex now eats about 37.5% of every dollar of revenue, the highest share in the company's public life.

To fund it, Alphabet has taken on roughly $100 billion of debt this year and raised about $85 billion in a June share sale, its first in more than two decades. This is a company that spent years buying its own stock back.

What happens next:

Alphabet raised 2026 capital spending guidance to between $195 billion and $205 billion, the second raise in three months. The finance chief told analysts 2027 spending will rise significantly.

The company also disclosed $811 billion in contracted future spending commitments as of June, up nearly $500 billion from March.

Those commitments are signed contracts that get paid in cash. The profit is an estimate of what a private company might be worth on a given day.

Estimates move in both directions. If Anthropic or SpaceX gets repriced downward, the same line that produced the biggest quarter in Google's history runs backwards, and this quarter produced no free cash flow to absorb it.

Meta, Microsoft and Amazon are all carrying their own private AI stakes into their own earnings reports.

Watch how much of their profit they actually collected in cash...

[Maciej Smoleń 🚗Moto @auto_moto_pl]

🇮🇹 DeTomaso Pantera

Oj😍

[HOW THINGS WORK @HowThingsWork_]

Throwback to when this Robot in China suddenly lost control and started lashing out towards engineers and guests. 😳🦾

They managed to shut it down a few moments later.

[wHaTeVeR @olarren]

@RamiroFerrer @barondelmerval @MorenoVuelve Piensan que nunca les va a llegar a ellos, si seguimos asi es solo una cuestion de tiempo

[Ramiro Ferrer @RamiroFerrer]

Conocido tostador de café me dice que julio 2026 va a terminar 30% abajo que julio 2025 en kilogramos vendidos.
La probable quiebra de Le Blé y de tantas otras marcas es una señal de la catástrofe que se está gestando.

[wHaTeVeR @olarren]

@Brownmoose No, before friday...

[wHaTeVeR @olarren]

@elonmusk Yeah sure, try to make a movie with grok when every 10 seconds quality goes from 720p to 144p...

[Motivaciones Fútbol @MotivacionesF]

DAVID LUIZ: “Tuve de compañero a Pablo Aimar, de Argentina. Me acuerdo de que cuando llegué al Benfica muchos jugadores me ayudaron, pero Pablo un día me habló en su habitación y me dijo: ‘Vamos a ver el último partido’.

Empezó a enseñarme cómo pasar de una pelota en defensa a una en ataque, cómo crear espacios, cómo esconder un pase para tratar de encontrarlo entre líneas. Esa clase de consejos que nunca había tenido.

Fue alguien que ese año me permitió mejorar mucho en mi juego. Yo pensaba '¿cómo alguien tiene tiempo para pensar en que puedo mejorar?'. Estaba tan feliz, es un jugador top, para mí el mejor con el que jugué. También es el ídolo de Messi. Si es el ídolo de Messi, tiene que ser mi ídolo, seguro”.

[Messi Fanatic @MessiFanatic_]

This robbery needs to be talked about more…

[Barchart @Barchart]

Walmart $WMT forms a Death Cross ☠️ for the first time since June 2022 👀 The last one marked a bottom before the stock ripped higher by 165% over the next 2.5 years 📈 📈

[wHaTeVeR @olarren]

@Mr_Derivatives QQQ should easily end the year on the red...

[emini tic @TicTocTick]

Bear 🐻 market is now upon us…

Many of you have you not seen one let alone traded one. Infact many of u may not even be born before last major bear market.

To make matters worst, you’re on margin & in high beta.

A 10% $VOO sell off will feel like 80% to u.

It will hurt.

[kpak @kpak82]

$HYG has triggered a fun fact.
Fun facts are high probability scenarios.

Anyway last 4 times this triggered $SPY market went on major corrections:
April 2025
January 2022
February 2020
October 2018

[Justin Banks @RealJGBanks]

HOW TO STOP LOSING

You keep buying after the trend has already changed

$SMH is a perfect example. This is how we saw leaders like $NVDA and $INTC become weak EARLY

Higher Highs + Higher Lows = Stay long

Lower High + Lower Low = Trend change

Save this. You’ll use it forever.

[EliteOptionsTrader @EliteOptions2]

A perfect scenario for small account holders:

1. Big sell off after FOMC.
2. $SPX test 7000 and $QQQ to 637 in August
3. Load calls in $SPX $QQQ and chip stocks 1 month out.
4. Grow your account by 5x.

I'll post my plan and charts on Sunday. HAGW everyone! 🙏

[Michael Burry Stock Tracker ♟ @burrytracker]

Breaking: Michael Burry has disclosed his updated positions

He:
• Added to Micron $MU short at $933.86
• Added to Nvidia $NVDA short at $210.28
• Added to Caterpillar $CAT short at $893.49
• Added to Semiconductor ETF $SOXX short at $535.83
• Added to Flutter $FLUT long at $100.72
• Added to DraftKings $DKNG long at $23.07
• Added to Molina $MOH long at $197.02

Burry left his Tesla, Palantir and QQQ shorts untouched

[wHaTeVeR @olarren]

@Barchart Retail is all in. About to get wacked