realridge

just being around. knowing nothing. advising nothing. serving no purpose. just another idiot.

[realridge @onerealridge]

@zerohedge Why? Time magazine, or whatever it is, @TIME already decided Jensen is UNimportant for AI

[realridge @onerealridge]

@qcapital2020 Or FOUR

[realridge @onerealridge]

You give 9-year job guarantees to people who know they will be cut down the road. People still ask why Germany failing as an economy?

[Wall St Engine @wallstengine]

Porsche will cut another 5,000 jobs by 2035 under a second restructuring package agreed with labor representatives.

The reductions come on top of 3,900 previously announced job cuts and another 500 disclosed earlier this year by new CEO Michael Leiters.

The agreement also extends plant-location guarantees through 2035 and includes €2.1 billion in investments across Porsche’s Zuffenhausen and Weissach factories.

The cuts come as parent Volkswagen battles high costs, tougher competition and tariff pressures.

Source: Reuters

[realridge @onerealridge]

@zerohedge GPIF also says harder to enjoy sex while managing market impact

[realridge @onerealridge]

@eurofounder Now wait until Germany imposts 10K value added taxes on all EVs China makes worldwide just because.........

[realridge @onerealridge]

@DavidDTawil At least EU is still leading India, for maybe me another year?

[realridge @onerealridge]

@dampedspring Stock market was the economy. Stock market is not the economy.

[realridge @onerealridge]

@BobEUnlimited Why would the red dot at 2022 level rather than the beginning of 2025 level?

[realridge @onerealridge]

@endless_frank Them spending $100m on a $1b raise to raise the conversion price is very telling they are onto something, not clinching pennies. Waiting for the pr on what that is. $asts

[realridge @onerealridge]

Not happy with the raise. But $1b convertible note is
5% of market cap, with conversion premium dilution should be under 4%. This 11% drop is way overdone. $asts

[realridge @onerealridge]

@DavidDTawil @AOC @WhiteHouse It’s a very strange thing that the west is the only societies with so many native born people hating their own culture. As a legal immigrant from one of the striving and thriving East Asian cultures, America has/had the best to embrace

[Elon Musk @elonmusk]

Wow

[StreetSignal @StreetSignal__]

The Great Memory Debate @SemiAnalysis_ @jukan05 @Klaytonlolus

Just too Good to Pass Up.

https://t.co/UBk61Avsjr

Is VR 7x or 1/2 of Grace Blackwell? $nvda $mu $dram

[realridge @onerealridge]

@ChrisJBakke Well. What if I have $15k liability insurance and already used $10k of it. Real case just read

[realridge @onerealridge]

@brivael Beautifully true.The west has done so much right and dominates in true power of science, economy and social structure in last 400 years. But one needs to realize the real persistently dominant society that’s China. Why? Meritocracy to its bone,only true religion of its society

[StreetSignal @StreetSignal__]

Mark Zuckerberg Has Not Earned This Much Money to Spend

Three years ago, Mark Zuckerberg renamed his company after a product nobody wanted, lit roughly $90 billion on fire chasing it, and asked shareholders to trust his vision. Reality Labs has now posted cumulative losses north of $90 billion since Meta began breaking it out, and last quarter alone delivered $402 million in revenue against a $4 billion operating loss. The metaverse is, by any honest accounting, the most expensive personal hobby in the history of capitalism. So when the same CEO returns to investors and announces he is now raising 2026 capital expenditures to as much as $145 billion — nearly double last year's spend, and more than the GDP of most countries — the burden of proof should sit squarely on him. On Wednesday's earnings call, an analyst asked Zuckerberg the only question that matters: what signs are you watching to know this investment is paying off? His answer, in full, was "that's a very technical question." That is not an answer. That is a man who does not have one.
The contrast with his peers is what makes the moment damning. On the same day, Sundar Pichai walked through Google Cloud's 63% revenue growth, an enterprise backlog of $462 billion, and 800% year-over-year growth in revenue from products built on its generative AI models. Satya Nadella laid out exactly where Microsoft's $190 billion is going — GPUs and CPUs to meet Azure demand he can quantify. Both stocks rose. Meta's fell 9% after hours. The market is not punishing AI capex; it is punishing a CEO who cannot explain his own. And the spillover from his inability to articulate a thesis is not contained to his shareholders. Meta is now an incremental buyer in a hyperscaler cohort whose combined 2026 capex will exceed $600 billion, and the company itself blamed memory component pricing for the upward revision — meaning Zuckerberg's open-ended bid for compute is one of the forces driving up costs for every other firm trying to build a real AI business with a real plan.

There is a version of this story where Zuckerberg is right and the rest of us look foolish in five years. Meta's ad business is genuinely strong, the company grew revenue 33% last quarter, and superintelligence, if it arrives, will pay for everything. But "trust me" is not a capital allocation framework, and Zuckerberg has not earned the trust. He missed on the metaverse, then quietly cut Reality Labs' budget by 30% and laid off 8,000 people on May 20 to fund the next bet. He has now told his own employees, on the record, that he does not have a "crystal ball plan for the next three years" — while committing the company to a spending trajectory that requires exactly such a plan to be coherent. Public companies are not personal sandboxes. At some point, a board, a shareholder base, or a regulator is going to insist that the man spending $145 billion of other people's money be able to articulate, in sentences a sixth-grader could follow, what he expects to get for it. Until then, the only honest answer to "should we trust Mark Zuckerberg's vision again" is the one he gave the analyst: that's a very technical question.

@nypost @nytimes @WSJbusiness @elonmusk @Meta

[realridge @onerealridge]

@qcapital2020 Isn't everybody in Canada working for the government already? Who do they have to fire? 😶

[realridge @onerealridge]

@DeItaone US surely not executing in the Iran war. But Germany? What does it have that’s competitive in the world now, and in 10 years, other than virtue signaling? Show you know how to execute for the good of your country for its meaningful position in the world

[realridge @onerealridge]

@wallstengine Blue Origin definitely should. But that may throw another wrench into $asts launch schedule of 45 sats this in 2026. But better safe than sorry.

[realridge @onerealridge]

@zerohedge Hold on. Wasn’t EU president just cheering Hungary abandoning Russia and choosing Europe last night?