Sloane Kessler

tape reader since ’87. bid or offer. everything else is noise

[Sloane Kessler @sloaneonthetape]

$ANT NVIDIA/Jensen helping finance ANT IPO by unlocking 1.5T feom it’s own market cap - what a sacrifice

[Sloane Kessler @sloaneonthetape]

Jensen out of the way, the deflation in compute costs might begin. Sam seems to have got what he wanted

[Milk Road Stocks @MilkRoadStocks]

Sam Altman: AI compute costs about $70B per gigawatt over 5 years, and "if it doesn't go down, I'll be very sad."

It has gone up so far because AI keeps getting more valuable and supply is short, so buyers pay more. Altman calls that "compute not keeping up."

In his view, "the cost of energy should go down. The cost of chips should go down."

Even at $20B, he wants "10 x better performance out of it with smarter models every year."

Getting there means "energy's gotta get cheaper," and "all of the gross margin stacking that happens between melting sand... and getting the token back, a lot of that's gotta get compressed."

One of the biggest buyers of AI compute wants its price cut by more than two-thirds, and he's pointing at the margins stacked along the chip supply chain to do it.

FT @sama @collision.

[DYOptions @data168]

Today’s move was a typical bear market rally, largely driven by short covering. Dip buyers are only looking a quick buck so such rallies are rarely sustainable. A real bull trend goes through an accumulation phase. Real buyers build positions quietly. They don’t use amplifiers to tell everyone that they’re bullish like today.

[Sloane Kessler @sloaneonthetape]

@DiligentPlane There’s no way US Intel didnt know about Jensen’s escapades - who’s to say chips allowed to be smuggled weren’t bugged

[matthew sigel, recovering CFA @matthew_sigel]

@brian_armstrong Which agent is in charge of the new 8.2 million share insider selling program?

[Sloane Kessler @sloaneonthetape]

@gnoble79 @rabois @ericjackson @mikealfred George, i'm guessing you're holding OPEN. If yes, then you're literally not helping. I actually know a shopify friend who knows Kaz well - you're an idiot not to see the effort man is pulling to make open work

[Sloane Kessler @sloaneonthetape]

@DratchCap @AtlasShrug1 JG might be Chris Irons from QTR - not 100% though. I have scraped all of JGs posts to pattern match on web so will crack eventually. He's made an incredible call so we deserve to know real person behind it

[Sloane Kessler @sloaneonthetape]

@JoshMandell6 Josh, dont you think Jane street/Citadel who algorithmically orchestrate market will likely dampen BTC vol massively

[Sloane Kessler @sloaneonthetape]

@refinedvolume @ShaneStoffer “Better call Schall”

[Sloane Kessler @sloaneonthetape]

“Down but not out” =

More room for AI trade to fall

Down almost $768k on $MOD & $CRWV

hopefully income from Subs softens the blow

[Diligent Plane @DiligentPlane]

Down but not out

[Sloane Kessler @sloaneonthetape]

@DiligentPlane

[Sloane Kessler @sloaneonthetape]

@BenKizemchuk isn't sphb/splv better ?

[Sloane Kessler @sloaneonthetape]

@Micro2Macr0 😃ur tweet just gave it a bit of breathing space (wgmi didn't move but cifr up).. problem is wgmi, algos taking it below 26 it seems and cifr trdes at a .23 now so if wgmi goes 24-25, then we're in 5s

[Sloane Kessler @sloaneonthetape]

@ShaneStoffer short AMD

[Kaz Nejatian @nejatian]

Today, we are launching Buy with Opendoor in beta in Texas. Use all of Opendoor’s scale to buy any home, Opendoor’s or not.

Save tens of thousands of dollars on your mortgage and fees.

https://t.co/JCZhHMpm1z

[Sloane Kessler @sloaneonthetape]

@nejatian lots of love Kaz, please use $OPEN tag in ur posts

[Sloane Kessler @sloaneonthetape]

I am wondering if JG @AtlasShrug1 is a @QTRResearch subscriber

[Sloane Kessler @sloaneonthetape]

Anthropic launches an AI gym instructor

[Keith Rabois @rabois]

Ok, I am now a fan of Anthropic.: They organized (and just finished) a group Barry’s class w my favorite instructor.

[Sloane Kessler @sloaneonthetape]

I wonder if High beta is cooked for a while (SPHB/SPLV peaked at 2.2)

[Sloane Kessler @sloaneonthetape]

Careful! not seeing much volume. todays action feels sus