Forwarded from The Kobeissi Letter
In case you don't realize what is happening:
Meta and Microsoft just posted massive earnings beats, but that's not even the main story.
Microsoft announced that it now expects to spend $30 billion on CapEx next quarter ALONE.
And, Meta now expects to spend up to a combined $72 BILLION on CapEx in 2025.
The vast majority of these capital expenditures are going directly into AI.
Magnificent 7 companies are funneling hundreds of billions of dollars into AI investments on a quarterly basis.
The AI trade has never been hotter.
(@TheKobeissiLetter)
Meta and Microsoft just posted massive earnings beats, but that's not even the main story.
Microsoft announced that it now expects to spend $30 billion on CapEx next quarter ALONE.
And, Meta now expects to spend up to a combined $72 BILLION on CapEx in 2025.
The vast majority of these capital expenditures are going directly into AI.
Magnificent 7 companies are funneling hundreds of billions of dollars into AI investments on a quarterly basis.
The AI trade has never been hotter.
(@TheKobeissiLetter)
Forwarded from Walter Bloomberg
SEC CHAIR SAYS MOST CRYPTO ASSETS ARE NOT SECURITIES
(@WalterBloomberg)
(@WalterBloomberg)
Forwarded from Ian's Intel
ChatGPT Summary of "Project Crypto"
Key Objectives:
- Enable on-chain securities infrastructure
- Define clear categories for crypto assets
- Welcome back crypto firms previously driven offshore by regulatory hostility
- Allow compliant token launches, airdrops, and ICOs in the U.S.
- Support legal tokenization of stocks, bonds, and other assets
- Reform crypto custody rules and support self-custody
- Allow “super-app” platforms to offer multiple services under one license
- Integrate DeFi protocols into regulated markets
- Introduce an “innovation exemption” for new business models
Source
Key Objectives:
- Enable on-chain securities infrastructure
- Define clear categories for crypto assets
- Welcome back crypto firms previously driven offshore by regulatory hostility
- Allow compliant token launches, airdrops, and ICOs in the U.S.
- Support legal tokenization of stocks, bonds, and other assets
- Reform crypto custody rules and support self-custody
- Allow “super-app” platforms to offer multiple services under one license
- Integrate DeFi protocols into regulated markets
- Introduce an “innovation exemption” for new business models
Source
Forwarded from Frens Market Feeds
added small bits to my bags in this dip
still have cash to deploy if we go further down, so i'll be patient
also regularly taking out perps profits to deploy spot instead
still have cash to deploy if we go further down, so i'll be patient
also regularly taking out perps profits to deploy spot instead
also considering hedging some bags, but i'm not planning to sell to buy back lower etc.
Forwarded from Ian's Intel
Forwarded from Ian's Intel
GRAYSCALE FILED AN UPDATED VERSION OF ITS SPOT SOLANA ETF S-1 APPLICATION, DISCLOSES 2.5% FEE
🔗 — Link
🔗 — Link