RT Cryptoshi (@cryptoshi47)When this consolidations ends for #USELESS and it breaks to the upside, the run will be so violent that all these fudders will be in shamblesPractice patience till thenHold strong and have ammo for max bidding the range lowsHigherGod Willing https://t.co/QQSGQ2BChD ...

AI Valuation & Fundraising - Open AI 在最近一轮融资中以 3000 亿美元的估值筹集了 83 亿美元[1] - 法国 AI 初创公司 Mistral 寻求在最新一轮融资中获得 100 亿美元的估值[1] - 私募市场 AI 领域中的 19 家公司在过去两三年中平均增长了 300%，收入基数较大，达 10 亿美元级别[2] - 截至目前，这 19 家公司已筹集了 650 亿美元，相当于美国股市流入资金的一半[17] AI Market Dynamics & Competition - 每周有 7 亿人使用 Open AI，几个月前这一数字为 5 亿[3] - 自 2024 年 1 月以来，整个 AI 行业的估值增长了约 200%[10] - 私募市场自 2024 年 1 月以来增长迅速，约为 56%，而标准普尔 500 指数增长了约 36%[10] - 生成式 AI 领域可能只有少数赢家，但在 Agentic 和其他基础设施领域，可能会涌现出几家规模远超其他行业的公司[7] - 行业竞争激烈，企业愿意花费数百万甚至数十亿美元来挖走竞争对手的顶尖人才[8] Investment Strategies & Public Market Exposure - Anthropic 和 Open AI 吸引了大量资本涌入[5] - 通过投资微软（Open AI 的主要所有者）和软银（向 Open AI 投资了 300 亿美元）等上市公司，公众可以在公开市场参与对私有 AI 公司的投资[16]

Market Analysis & Prediction - The market experienced a substantial corrective week [1] - ETH experienced a $1,600 increase in value over several weeks, a period of consolidation is expected [1] - Another week of consolidation is anticipated [1] - August is typically a corrective month, building stamina before further upward movement [2] Investment Strategy - Buy the dip in August and hold Altcoins into Q4 [2] - A super bullish Q3 and Q4 is expected [2]

Industry Dynamics - Rail industry is bracing for further consolidation [1] Investment & Shareholder Activity - Activist investor Ancora is a "growing shareholder" in rail operator CSX [1]

Financial Data and Key Metrics Changes - The company reported a sequential revenue growth of 2.6% and a year-on-year growth of 3.8% in constant currency terms [3][5] - The guidance for revenue growth for the financial year 2026 has been revised from 0% to 3% to a new range of 1% to 3% in constant currency terms [5][10] - The margin guidance remains unchanged at 20% to 22% [5] Business Line Data and Key Metrics Changes - Large deals amounted to $3.8 billion, driven by leadership in enterprise AI and client consolidations [4] - The company has built 300 AI agents across various business areas, which are now deployed within client operations [4] Market Data and Key Metrics Changes - The U.S. market has shown flat growth, while Europe has experienced strong growth, attributed to prior investments in that region [17][19] - The company noted that Europe remains a strong market due to investments made in previous years [19] Company Strategy and Development Direction - The company is focusing on enterprise AI and has seen good traction with AI agents, which are helping clients improve decision-making and operational efficiency [4][14] - There is a strong emphasis on consolidation as clients increasingly select Infosys for their needs [14][28] Management's Comments on Operating Environment and Future Outlook - Management acknowledged ongoing economic changes but noted a stable outlook, with increased demand for AI and consolidation services [10][13] - The company is optimistic about future growth driven by enterprise AI and new revenue streams from deeper analytics and optimization efforts [41] Other Important Information - The company has maintained a constant headcount, with utilization at a peak of 85% [15] - A wage hike was implemented in January and April, impacting margins by 100 basis points this quarter [20][27] Q&A Session Summary Question: Why has the upper end of guidance not been raised despite strong performance? - Management explained that while performance was strong, the economic environment remains uncertain, leading to a cautious approach in guidance adjustments [10][11] Question: How much of the growth is attributed to acquisitions? - Inorganic growth contributed approximately 40 basis points to the reported 2.6% growth [12] Question: What is the outlook for hiring and productivity with AI? - Management indicated that while headcount remains flat, productivity is expected to increase due to AI, potentially reducing the need for significant hiring in the future [18][64] Question: Is there any revenue cannibalization observed? - Management noted that productivity benefits from AI are being shared with clients, but did not confirm any significant revenue cannibalization [22][23] Question: What is the impact of wage hikes on margins? - The wage hikes and higher variable pay have negatively impacted margins by 100 basis points, but pricing benefits and productivity improvements have helped offset some of this decline [27][54]

Market Trend - The market is consolidating and lifting [1]

Market Expectations & Potential Catalysts - Optimism is high for large-cap banks' Q2 earnings, with focus on loan growth and investment banking activity in the second half of the year [2][3] - IPO market recovery is seen as a potential catalyst for investment banks [3] - High valuations (e g, Bank of America trading at a PE of around 15) suggest caution going into earnings announcements [4] - Regulatory changes are a significant driver for bank stock movements this year [6] Key Metrics & Risk Factors - Net interest income growth, impacted by net interest margin, is a key focus [9] - Credit quality remains generally good, but commercial real estate office market and low FICO score consumers are potential areas of concern [8] - Risk-on sentiment suggests less concern about credit picture, while risk-off would increase focus on credit [7][8] Mergers and Acquisitions - Industry expects consolidation among regional banks due to deregulation [13] - The top 5-7 banks control 85-90% of the assets, with smaller banks controlling the rest, indicating increased polarization in banking [14] - Potential for big regionals to merge or be acquired by G-SIBs exists [15] - Clarity on Basel III endgame proposal is needed before M&A activity accelerates [15] Leadership Transition - Jamie Dimon's leadership has significantly impacted JP Morgan's stock [10] - Jamie Dimon's eventual retirement will likely negatively impact the stock on the day of the announcement [12] - Marianne Lake is considered a potential successor to Jamie Dimon [11]

Let's go to Cool Wave and cool scientific first because this is all about the need for compute. They actually hide the asset about a year ago for a much less price point. And since then core scientific shares have gone up a lot.So I think patience has paid off for them, although you might see that shares are down today. That's something we're following closely because you don't often see that in M&A, but because it's an all stock deal and core, we've is a pretty volatile stock that could be weighing on shar ...

Market Trends - The crypto industry is entering a long period of consolidation [1] - Past alt seasons are over [1] - Many of the old guard will leave the crypto space [1] Investment Strategy - The advice is to find a problem you genuinely care about solving and focus on it for 3+ years [1] - The opportunity lies in enduring the consolidation period [1]

𝗔𝗟𝗧𝗦𝗘𝗔𝗦𝗢𝗡 𝟮𝟬𝟮𝟬-𝟮𝟭➙ CONSOLIDATED FOR 15-16 MONTHS➙ CAPITULATION HAPPENED DURING MARCH CRASH➙ ENTERED AN EXPANSION PHASE AND PUMPED FOR 8-9 MONTHS𝗔𝗟𝗧𝗦𝗘𝗔𝗦𝗢𝗡 𝟮𝟬𝟮𝟰-𝟮𝟱➙ CONSOLIDATING FOR 16-17 MONTHS NOW➙ APRIL CRASH WAS THE FINAL CAPITULATIONWITH RATE CUTS AND PRO-CRYPTO REGULATION INCOMING, I THINK ALTS COULD ENTER A SUSTAINED UPTREND.IT WON'T BE LIKE 2020-21 CYCLE, BUT COULD BRING LIFE-CHANGING GAINS. ...