Market Trends & Industry Dynamics - AI and tech industry consolidation may occur in the new year [1] - There will be a war for talent among the biggest AI players, with potential new entrants [3] - A drive towards efficiency in AI model training is expected, moving away from constant expansion of data centers and GPUs [3] - Open source AI models, particularly from China and the US, will provide basic levels of compute and access [9][10] Investment Opportunities & Potential Risks - Breakthroughs in AI efficiency will lead to the rise of certain players, potentially acquired by larger companies [8] - Some believe there is a bubble around the constant upward spiral of more GPUs, power consumption, and data centers [8] - Major transactions in the large language model space are possible, especially for more efficient players [12] - Anthropic's valuation could potentially reach hundreds of billions of dollars, though this is viewed as unlikely [13] Company Strategy & Financial Performance - Meta is investing extensively in building a larger team focused on AI [6] - Apple has a significant cash hoard and stock to deploy for potential acquisitions in the AI space [11] - Companies with nine-figure (hundreds of millions) to twelve-figure (trillions) valuations are considering operating independently [13] - The resource intensity of operating AI models can be a cash drain [14]

COMPANIES. AND WE'VE BEEN TALKING ABOUT THAT A LITTLE BIT THIS MORNING. >> I KNOW.TESLA SHARES ARE TRADING CLOSE TO A RECORD HIGH. YESTERDAY I LOOKED GOT TO 4.98% AT ONE POINT YESTERDAY. BUT THE CLOSING HIGH I THINK IS LIKE 4.89% AND CHANGE.WE'D ALMOST BE THERE RIGHT NOW FOR IF IT'S ONLY UP $0.62%. VERY VOLATILE THOUGH, BUT BASICALLY TRADING AT AN ALL TIME HIGH. DAN LEVY IS BARCLAYS SENIOR AUTO ANALYST AS IT CARS.IS IT TAXIS. IS IT WHAT IS IT AT THIS POINT. AND MAYBE THE THE CONCERN ABOUT THE EXPIRING SUBSI ...

LATEST: ⚡ US Ethereum ETFs recorded $84.6 million in inflows on Monday, ending a seven-day streak of outflows that saw over $700 million exit spot ETH ETFs throughout the previous week. https://t.co/lYWv18F996 ...

Welcome back to Squawkbox. Rick Santelli here live at CME HQ with some delayed but very important data points. We'll be looking at October preliminary durable goods.Philly Fed and GDP second time around the block delayed third quarter numbers. We're looking for 3.3% zoom zoom zoom 4.3%. 4.3%.That is a nice jump. And I know many may question day the gathering, but on the surface this would be the strongest quarter going back to the third quarter of 2023 when it was 4.7%. This is strong.3.5% on consumption bl ...

The mysterious street artist strikes again. We are talking about Banksy, of course. He has a new mural in London.The graffiti art shows two children lying down and pointing up at the sky. Banksky's art tends to be critical of government policies on things like migration or war. The meaning of this new piece still to be interpreted. ...

An update on a story we've been following. A bear squatting in the crawl space of a California home. Fish and wildlife officials set up a trap to lure the 500lb animal out, only to accidentally capture a different bear.Officials say that bear was released to a nearby habitat. Meanwhile, the homeowner still working to evict her unwelcome guest. ...

Ride the ₿ear. https://t.co/IzYPRiLd7y ...

ground right now. I'm sorry. >> An 8, 11, and 12year-old caught by police after stealing a car and crashing it.>> This my first time in the park. >> Well, I could tell by the way that you drove. You suck at driving.>> Just before 3:00 Saturday afternoon, a Flock license plate reader alerted his officers to a stolen car driving in the area. Dash camera video shows when police tried to pull it over, the 11-year-old driver took off, reaching speeds between 60 and 80 miles per hour before losing control and cra ...

Overnight, another lethal strike. The US targeting a lowprofile vessel in the eastern Pacific Ocean at the direction of Secretary Hegsth, US Southern Command posting, saying it was operated by designated terrorist organizations and one narco terrorist engaged in narot trafficking was killed. ...

💳 Introducing the MEXC × @EtherFi Co-Branded Card✅ Up to 4% cashback✅ Works with Apple Pay & Google Pay✅ Usable worldwideJoin the club now: https://t.co/vrrRxmClDP https://t.co/R7n3waWvjl ...