Today I was working on something and planned to talk about something completely different, but then the WSJ dropped this bombshell: “OpenAI Misses Key Revenue, User Targets in High-Stakes Sprint Toward IPO”. I am pretty sure nobody expected to read something like this today, especially ahead of hyperscalers’ earnings due…
Category:Daily
Daily post about finance and breaking news
WHY YOU CANNOT SHORT THIS MARKET, EVEN WITH THE MIDDLE EAST ON FIRE
I don’t know whether, by the time I publish this article, anything I say will still be relevant given the current circumstances, but I hope most of the information will still be useful. Let me start with gold and silver, whose long-term fundamentals are strengthening every day, but which, in…
WHY WHO’S F/AROUND IN THE OIL FUTURES MARKET MIGHT FIND OUT IN 7 DAYS
At 10:00 am EST on April 13, the US Navy officially began a blockade of the Strait of Hormuz (”Trump says Iranian ships to be ‘eliminated’ as US naval blockade begins”), turning the world’s most important oil chokepoint into the epicenter of a fresh pricing shock. In theory, at least….