spoke to a number of other investors who say that this transition from training to inference may also introduce cheaper, less powerful alternatives. John. >> Seema.Thank you. My next guest says Michael Burry, may be right about some specific companies, but the biggest risk remains under investing compared to over investing. Joining me now is Daniel Newman, CEO of Futurum Group.Daniel, great to have you on overtime finally. Okay, so this is kind of pitting Nvidia and its set against the big cloud players, th ...

We always have to be cautious at reading too much into any one report and that's going to be even more the case when we have a government shutdown that we're not getting the data that we need to make monetary policy in the context of the overall picture of the job market. It seems like the pre-existing trends that were in place before the government shutdown labor market seem to be continuing uh you know at at a similar rate. You continue to see modest potential overall job creation.and you continue to see ...

Major oil producers said the downturn in the chemicals market is showing little sign of easing, with a surge in Chinese supplies and lackluster demand continuing to depress markets https://t.co/A1uZP2VmPx ...

Key Issue - New York City's rent affordability crisis is impacting even the wealthiest residents [1] - Voters overwhelmingly supported Zuran Madam Dani due to the rent crisis [2] Market Dynamics - Rents in neighborhoods like Greenpoint and Long Island City have jumped more than 40% since 2020 [2] - High earning professionals returning with remote work flexibility fueled bidding wars and rapidly escalating prices [3] - Demand is high in a city with 8 million residents, but space is limited [2] Policy & Solutions - Zuran Madam Dani's win signals New York voters are ready for radical change [3] - Proposals like freezing rent and investing in affordable housing will be tested [3]

I would say if you're looking at why employment is doing what it's doing that's much more about the change in immigration. So the supply of workers has obviously come way down. There's very little growth if any in the supply of workers and at the same time demand for workers has also come down quite sharply.Uh and uh to the point where we see uh what I've called a curious balance. It's you know typically when we say things are in balance that sounds good but in this case the balance is because both supply a ...

Cryptocurrency Market - Ray Dalio states crypto is now an alternative currency with a limited supply [1] - Increased dollar supply or decreased dollar demand could make crypto an attractive alternative [1]

Crypto Market Analysis - Crypto is now an alternative currency with a limited supply [1] - Increased dollar supply or decreased demand could make crypto an attractive alternative [1] - Reserve currency governments' bad debt situations threaten their appeal as reserve currencies [1] - This situation contributes to the rise in gold and cryptocurrency prices [1]

Nvidia Earnings Estimates - Revenues forecast to increase by 53% year-over-year [1] - EPS forecast to increase by 48% year-over-year [1] - Estimates keep creeping up, reducing the potential for an upside surprise [1] Market Dynamics & Investor Behavior - Volatility around earnings is up 50% since the pandemic [3] - US market is 100% electronic and 99% algorithmic [3] - Options market is implying about a 6% move to the upside or downside for Nvidia [7] Demand & Supply Analysis - Demand for Nvidia is the weakest since early May, currently below 4 on a 10-point scale [4][5] - Historically, Nvidia stock has declined when demand is below 5 on a 10-point scale [5] - 55% of Nvidia volume is short [6] - 51% of the S&P 500 volume is short [6] Potential Downside Risk - Market has topped demand and rising supply, indicating potential downside risk [7] - Nvidia has about an 8% weighting in the S&P 500 [7]

Supply Dynamics - Bitcoin is unique as a monetary asset due to its fixed supply, meaning price increases won't lead to increased supply [1] - The market's volatility is permanently skewed towards upward movement [1]

AI Talent Market & Competition - The AI talent pool is very small, with perhaps a maximum of 2,000 people globally capable of building frontier models [2][7] - Competition for top AI talent among companies like OpenAI, Meta, Anthropic is intense, leading to potentially nine-figure or even eight-figure compensation packages [1][3] - Meta structures AI talent offers like executive pay, highly correlated to company and individual performance targets, not just typical restricted stock units [9][10] Company Performance & Strategy - Google is considered wildly ahead in AI among big tech companies, with a strong talent density and Gemini performing well [13][15] - Apple is significantly behind in AI talent and may need to acquire a company like Anthropic, which could cost over $50 billion [14][16][17] - OpenAI acquired Cursor, indicating the plug-and-play nature of AI models and the risk of disintermediation for companies only at the model layer [19] Future Trends & Challenges - Data, scale, and network effects are key to long-term lock-in in the AI space, similar to social media [22] - Persistent memory and data integration across devices and applications are crucial for AI models to achieve true lock-in effects [20][21]