Greetings and Salutations — Amongst AI related stocks with market caps greater than $10b, earnings TTM (trailing twelve months) are +21%, year over year +38%. Revenues rose 22% on a median basis and sequential growth (quarter over quarter) rose 5.3%. Naturally, all of this good news have caused some people to be gravely afraid of […]

I figured I’d annoy you with a double entrendre to kick off this week’s newsletter. Yes, markets went up and indeed SpaceX came public, much to the chagrin of all of the Elon haters and ZH aficionados. It was a spectacular IPO, the finest of all time, and there’s a lot more where it came […]

Good day fuckers —  Well I am back from Japan and was going to discuss that this week — but the market Gods chose to crash stocks yesterday, so now I am obliged to discuss it. The monsters on X are out in full force with tall tales of 2008 and 2000 — suggesting that […]