Truth
Massive and well deserved repudiation of an obviously mentally addled President who spent 2 years lying and thieving and taking for granted his mandate. Trump not only lied to us but did the exact opposite of what he promised. Although democratic rule is likely to be another sort of terrible, at least we can now reject MAGA and replace it with a true America first right wing party.
B. Funk retweeted
Five years from now young investors will look back at this market and realize what an extraordinary opportunity fear created. And that opportunity could get even bigger in the days and weeks ahead. Nothing creates greater price misallocations than fear and greed. We’re living through one of those moments right now. And with fear creating opportunities in some of the world’s strongest businesses there’s little reason to take on the added risk of speculative companies.
That was a great quarter by $AMZN and the AWS guide for ‘27 & ‘28 of 40% plus is extraordinary.
$META $AMZN $SPCX the best to own over the next few years. They all control their own destinies, don’t have any businesses that are being cannibalized, or any real competition for its Core Business(es).
If they spend appropriately and innovate, they will be huge winners and the best risk/reward.
Companies sell when they are forced to, or when they think things can’t get any better. $LITE selling, $ORCL guiding to a CAPEX peak in ‘28.
Maybe Zuck is right when he says $META hasn’t found any upward limit for its compute needs. This is great for $META & $SPCX
$GOOGL Alphabet CFO: "With respect to cloud margins, given the supply constraint environment, we started utilizing third-party compute capacity at the end of Q3, and will ramp usage in Q4. We expect margin headwinds in the near term as we utilize this capacity."
Hey @NBA you’re league is a joke.
GIANNIS JUST “PASSED TO HIMSELF” IN TRANSITION, TOOK ABOUT 47 STEPS, AND THEY CALLED IT A BUCKET…
You literally cannot pass the ball to yourself in the NBA. That’s a travel every single time at every level…
But superstar privilege is alive and well. Refs let him Euro-step from half court like it’s nothing…
This is why casual fans tune out. Same rules don’t apply to everyone…
How many more of these “missed” calls are we supposed to ignore this season?
B. Funk retweeted
The world’s most accomplished tech founders and business leaders are betting hundreds of billions on AI with extraordinary conviction. Meanwhile much of the investing world thinks they’re making a massive mistake. The irony is hard to ignore. An investment industry where very few have historically managed to beat a passive index is now questioning the judgment of the people building the technology and running the businesses that will put it to work. Maybe the investors are right. Maybe the builders are. But I can’t remember a time when the stakes were this high and the two sides saw the future so differently.
$META sell-off is comical. They are growing their CORE business 20% plus and introducing new revenue streams with insane take-up that will also become multi-billion income streams…and doing it all at less than 1x PEG, and below a market multiple.
And they have over 50% of the entire world 16 years and older as a built in user base. Thanks for the shares back in the 600’s.
You have all lost your minds.
Elon & $SPCX just single- handedly put the AI compute bear case to bed.
Low valuations, terrible sentiment, mid-term election year, earnings acceleration, top in rates, top in oil, with the next 8 months historically being the most favorable period for stocks.
A lot of people who’ve sold in the past couple of weeks are going to regret it next year.
B. Funk retweeted
Been obsessed with the stock market since I was a teenager. Have traded through the dotcom bubble, the financial crisis and just about every market mania since. But I’ve never seen anything like the skepticism surrounding AI. Not even close. Every time one bubble narrative falls apart a new one takes its place. Rumors become headlines. Misleading data goes viral. Claims that could be debunked with 5 minutes of research get repeated by major media outlets, influential investors and Wall Street analysts. It’s relentless and honestly pretty fascinating to watch. Of course there will be spectacular failures and massive wealth destruction along the way. That’s what happens during technological revolutions. But I’ve never witnessed this much effort to convince the world that something so transformative is actually one giant speculative bubble destined to take the entire economy down with it. I understand why AI scares people. What I find harder to understand is why so many investors seem to be rooting for it to fail.