AI

A collection of 189 posts

AI

JPMorgan: AI stocks show similarities to 2000 tech peak

JPMorgan strategist Jason Hunter says the AI trade is echoing the 1999-2000 dot-com peak, pointing to a divergence between surging chipmakers and lagging hyperscalers as a warning sign heading into September.

Tech

Tim Cook's Final Day as Apple CEO: From $350B to Over $4T

Tim Cook's final day as Apple CEO is August 31, capping a 15-year run that took AAPL from roughly $350 billion to over $4 trillion in market cap before John Ternus takes over.

Macro

Gen Z Men Are Dropping Out of the US Job Market: NYP

Male Gen Zers are dropping out of the US labor force at accelerating rates, with AI displacement hitting entry-level tech and finance roles hardest, per NYP.

Tech

Cities Are Dumping Flock Safety Contracts at a Record Pace in August

Flock Safety is losing city contracts at a record pace, with 90 jurisdictions cancelling in August alone. Here are the tickers and themes traders should be watching.

Politics

Sanders to Introduce Bill Banning Flock Surveillance Cameras

Senator Bernie Sanders announced plans to introduce legislation banning Flock Safety's AI-powered license plate reader cameras. The move targets the $8.4 billion private surveillance company amid growing privacy concerns over mass data collection.

Markets

BofA's Hartnett: Stocks Face 10%+ Drop if Democrats Take Senate

Bank of America's Michael Hartnett warns that U.S. stocks could fall over 10% if Democrats take control of the Senate in the upcoming November midterm elections. This forecast is based on potential impacts to financial deregulation and AI capital expenditure policies, challenging the market's…

AI

Anthropic CEO Amodei: AI Could Cure Most Diseases in 5-10 Years

Anthropic CEO Dario Amodei says AI could help cure most human diseases within 5 to 10 years by compressing decades of biological progress. Here is what it means for AI and biotech traders.

Macro

US Corporate Profits Hit Record as Worker Share Sinks to 1950s Low

US corporate profits hit an annualized $4.8T in Q2, 18% of national income and the highest share since WWII, while the worker share of wages and benefits fell to 60%, the lowest since the 1950s.

AI

China Secretly Fueling US Data Center Backlash, Per Axios

Axios reports X has flagged roughly 200 accounts from a suspected Chinese bot farm pushing opposition to US AI data centers, adding political risk to the AI capex trade.

Tech

Trump Weighs New Sweeping Tariffs on Semiconductors, Report Says

The Trump administration is reportedly weighing a new round of sweeping tariffs on semiconductors, with the plan possibly extending to laptops, servers and gaming consoles that contain foreign chips.

Markets

SEC subpoenas Goldman, JPM, Citi, BofA over Situational Awareness collapse

The SEC has subpoenaed Goldman Sachs, JPMorgan, Citigroup and Bank of America over their role financing AI hedge fund Situational Awareness, which nearly collapsed in July after a leveraged chip trade blew up.

Markets

Young Adults Deeply Distrust AI CEOs, Survey Shows

A new survey reveals young adults deeply distrust AI CEOs like Sam Altman, Elon Musk, and Mark Zuckerberg. This sentiment, driven by job loss fears and a broader shift in public perception, could impact the long-term market adoption and regulatory landscape for AI technologies.

Markets

JPMorgan Warns of Autumn Stock Downturn, Sees AI Echoing 2000 Peak

JPMorgan says risk of an autumn stock downturn is rising, citing weakening internals, defensive rotation, and AI stocks showing similarities to the 1999-2000 tech peak.

AI

West Virginia bets on data centers to kill its income tax

West Virginia Gov. Patrick Morrisey unveiled a 20-year plan to route 50% of hyperscale data center revenue into reducing and eventually eliminating the state income tax.

AI

Anthropic Eyes Public S-1 Filing as Soon as End of August 2026

Anthropic is preparing to publicly file its IPO prospectus as soon as end of August 2026, following its June 1 confidential S-1 and a $965B Series H valuation.

Tech

Employers use personal data to set the lowest salary you'll accept: MW

MarketWatch details the rise of surveillance wages, where employers use personal and financial data to set the lowest salary a worker will accept. Intuit, Salesforce, Colgate-Palmolive, Amwell and Healthcare Services Group were named in a related report.

AI

Goldman Sachs: AI Is Cutting 16,000 U.S. Jobs Per Month

Goldman Sachs economists estimate AI is erasing a net 16,000 U.S. jobs per month, with substitution wiping out 25,000 and augmentation adding back 9,000. Gen Z and entry-level workers are absorbing most of the impact.

Markets

Michael Burry: Palantir Worth Under $1 Long-Term, Adds Puts

Michael Burry re-established his Palantir short with March 2027 puts and says the stock’s intrinsic value is under $1, citing stock-based comp and off-balance-sheet commitments.

AI

Stripe Tells Investors ‘The Singularity’ Has Begun

Stripe told investors ‘the singularity’ began on January 1, disclosed 41% H1 revenue growth, and confirmed the OpenRouter acquisition at a reported $7.5B to $8B+ price tag.

Tech

Anthropic's Annualized Revenue Surpasses $65 Billion Ahead of IPO

Anthropic's annualized revenue has surpassed $65 billion, outpacing OpenAI and signaling strong market demand ahead of its anticipated IPO.

AI

Circular AI financing: Nvidia's mega-deals reignite bubble fears

Nvidia's $750B in AI deals with OpenAI, SK Hynix and neoclouds have reignited circular financing concerns. Bulls call it a virtuous circle, bears see vendor financing risk. Here is what to watch.

AI

Ray Dalio: AI Shows 'Classic Signs' of a Bubble Like 1929 and 2000

Ray Dalio says AI enthusiasm has pushed markets into bubble territory that echoes 1929 and 2000, pointing to stretched valuations and surging stock issuance — but says the bubble hasn’t been pricked yet.

AI

Musk Leans on Natural Gas Turbines to Power SpaceX AI Data Centers

Elon Musk is leaning on natural gas turbines to power SpaceX's AI data center build-out, with $2.8B committed and capacity potentially scaling to 15 GW by 2027.

Markets

Jane Street Lost $15 Billion in July, First Down Month in a Decade

Jane Street posted a $15 billion loss in July, its first monthly slump in about a decade, after AI hedge fund Situational Awareness blew up and Asian equity bets went the wrong way.

Tech

Anthropic CEO Amodei's Wife Cami Clark Pitched Epstein on Porn Startup

Cami Clark, wife of Anthropic CEO Dario Amodei, pitched Jeffrey Epstein on investing in her self-described 'revolutionary porn company,' per WSJ emails, as Anthropic eyes a potential multi-trillion-dollar IPO.