If you think that right now, with all that’s happening in markets, there are no ongoing discussions behind closed doors of the US administration offices as to whether or not to publicly support the (reckless) AI hyperscalers, then I suggest it’s time to stop living under a rock and see…
Category:Stocks
SOFTBANK’S KAMIKAZE BET ON OPENAI
By now, it is an open secret that OpenAI is quickly running out of cash and is in desperate need of funding. SoftBank’s latest earnings report shows that OpenAI has few alternatives other than SoftBank paying for the second tranche of the $40 billion it committed to invest in the…
DON’T WORRY, IT’S NOT TOO LATE TO RESCUE THE STOCK BUBBLE
There is one rule that is very powerful and tends to work very well in all situations where it’s suitable to use it: “follow the money”. In our case, this rule applies to the amounts of money central banks handed to traders who then fueled the stock market bubble to…
CARVANA FRAUD: THE SMOKING GUN
Yesterday, Carvana filed its 10-Q for the last quarter, and as usual, I took some time to look into it. Two weeks ago, in “CARVANA – A TICKING TIME BOMB?” I already highlighted numerous red flags about this company; however, none of them was an undeniable smoking gun that could…
THE DATA CENTERS FRENZY WILL BE REMEMBERED AS THE LARGEST WASTE OF CAPITAL IN HISTORY
There is not a single day anymore without an announcement of some sort from the AI bandwagon. Qualcomm just announced it will start selling its own AI chips (“Qualcomm Challenges Nvidia And AMD With Data Center AI Chips“), AMD announced a new $1 billion agreement with the DOE (“US Department…
PRIVATE CREDIT: PEOPLE CAN SMELL THE SMOKE, BUT CANNOT SPOT THE FIRE YET
Alright, let’s dive into something that’s been making big headlines lately: private credit. Think of it as loans handed out by folks who aren’t your typical bank—private equity firms, hedge funds, or specialized finance companies stepping in to lend to businesses, real estate projects, or individuals who might not qualify…
WHY A JEFFERIES BAILOUT IS ONLY A MATTER OF TIME
I admit I never paid too much attention to Jefferies, since in the grand scheme of things, this bank is a relatively marginal player in the global financial system. I was fully aware, though, that their strategy to climb Wall Street league tables mostly relied on dealing with assets and…
CARVANA – A TICKING TIME BOMB?
In the volatile arena of auto finance and parts manufacturing, 2025 has emerged as a pivotal year of reckoning, marked by unprecedented turmoil that has shaken investor confidence and exposed deep-seated vulnerabilities in the sector. The dramatic bankruptcies of First Brands Group and Tricolor Holdings, both filed in late September,…
WILL SANAE TAKAICHI LAST LONGER THAN A HEAD OF LETTUCE?
The surprise victory of Sanae Takaichi as the new leader of the Japan LDP, which will allow her to become the next Prime Minister of Japan, has been welcomed by stock traders with such a loud cheer of joy that overheated Japan stocks marked one of the biggest daily jumps…
THE LAST INNING OF NVIDIA’S GREAT REVENUE FABRICATION SCHEME JUST STARTED
OpenAI and Nvidia’s fates increasingly appear tied to each other. On one side, we have a private company valued at several hundred billion dollars but running out of cash (“OPENAI: LITTLE CASH, BUT PLENTY OF PROMISES, IN AN EFFORT TO AVOID BANKRUPTCY“), while on the other, we have the most…