Blackstone, Apollo, KKR... all still in the green while everything else is already down 3-5%.
They're the ones behind the SPVs keeping this whole Ponzi going.
For a real selloff to happen, bonds need to bear steepen and these private guys need to take a big hit. Otherwise,
Bookkeeping and accounting aren't the same thing. Bookkeeping is like keeping a daily log of every dollar in and out. Accounting? That's the bigger picture—analyzing, summarizing, and making sense of it all.
Nvidia’s Jensen Huang just called Marvell the ‘next trillion-dollar company’ 👀🤯 But honestly, don’t get too hyped just yet 🚨
Full story: https://t.co/OTT6vZgSfo
🚨 Heads up: the AI bubble might pop soon.
Microsoft gave OpenAI $13 billion.
OpenAI used it to pay Microsoft's Azure.
Microsoft counted that as revenue.
Amazon and Google are doing similar things with Anthropic, inflating AI valuations.
OpenAI burns $60 billion a yea