New Mexican, Former Assistant Research Professor, Business Owner
US
- Tweets 44,725
- Following 1,200
- Followers 15,065
- Likes 60,287
Roger retweeted
BREAKING: "Speculative data center debt is being repackaged and sold to pension and retirement funds, university endowments, and other institutional investors in a manner eerily reminiscent of the subprime bubble," per AFR
326
1,807
12,544
556,689
RAM Vendors cancel customer orders as new 10-15% price hike hits. WCCFTECH warns we are at the point where custom PC builds are no longer practical. $DRAM
wccftech.com/system-integrat…
1
5
24
1,603
$AMZN hikes Prime 30% in Australia, weeks after Europe. US price hike expected by Black Friday. $TLT ish
techradar.com/seasonal-sales…
1
4
7
1,057
10 million student loan borrowers in default are getting wage garnishments after the midterms. Bessent also says massive deficit cuts are coming that will destroy the economy, banks, land lords, home values, stock market, and businesses.
It’s the only way to fix the K Shaped economy outside of taxing high net worth individuals (which Democrats clearly failed to do when they had power). It’s happening after midterms. The administration is telling us it’s happening.
We’re where we are because of Biden and Trump. Now comes the pain for everyone. Republicans and Democrats both know everything is about to collapse. Trump is just giving the final push to break it when Democrats take over the Senate and House. Push blame.
Every one has their own right to blame the other party. They’re both at fault. We’ve reached the breaking point though and it happens to fall when Democrats will take the House and Senate.
$COF $BAC $WFC $JPM
bloomberg.com/news/articles/…
1
3
27
1,635
Keep in mind $SPCX had a notice issued today even on put buys that shorting was so so high in demand that borrowing fees could end up being applied on execution of put orders.
SpaceX had good earnings. I like SpaceX. My kids hold SpaceX. The good earnings partially come from borrowing to lease compute. A Neo-cloud.
The big final lockup period now ends. Anthropic $1.5 trillion valuation doesn’t mesh with a $2 trillion + SpaceX. There is major risk of Tesla buyout.
This isn’t a “fear” post, but it is definitely a be careful post.
17
64
11,380
Bye bye banks, homes, and the stock market right after midterms. Bessent already warned that the administration planned to nuke the economy by fiscal tightening and gutting of programs after midterms, now is wage, benefit, and potential asset garnishment of 10 million people.
$COF $WFC $BAC $JPM
BREAKING: The Trump administration is reportedly preparing to pursue wages and benefits of borrowers with defaulted federal student loans, per Forbes.
The Education Department is working with the Treasury Department to hire private debt collection agencies.
Borrowers in default may face administrative wage garnishment of up to 15 percent of their earnings without a court order.
27
181
1,682
307,512
Roger retweeted
Anthropic's Updated S-1: An $80.7BN Half-Year Loss, A $750BN Compute-Tab, And A 'Catastrophic Incident' Warning zerohedge.com/ai/807-billion…
33
95
506
101,839
US to begin the largest wage and asset seizure in history after the midterm elections; seizures will target 10 million students in student loan default. $COF $BAC $WFC $JPM
The banking and housing system are about to implode.
forbes.com/sites/adamminsky/…
35
121
424
30,128
Roger retweeted
JUST IN: China's DeepSeek releases an open-source tool designed to dramatically reduce the computing costs of running AI models.
119
361
5,707
240,075
Roger retweeted
$CRWV
The questionable accounting has been there all along….
“…By ignoring $559 million in depreciation, $267 million in interest, and $145 million in stock-based comp.
That’s nearly $1 billion in real costs erased from view — the same optical surgery Enron and WorldCom performed on their income statements….”
- @1CoastalJournal
$CRWV
Every AI related company with questionable accounting hoping @1CoastalJournal doesn’t come for them
“…On a GAAP basis, CoreWeave LOST -$290.5 million in Q2.
But with the stroke of an “adjusted EBITDA” wand, it suddenly became $753 million in profit with a 62% margin.
How?
By ignoring $559 million in depreciation, $267 million in interest, and $145 million in stock-based comp.
That’s nearly $1 billion in real costs erased from view — the same optical surgery Enron and WorldCom performed on their income statements….”
__________
The questions have swirled for a long time. 👇👇
Interesting the mainstream media is still too scared to poke the bear much.
________
June 2024
In this article there is no mention of #Nvidia's relationship with CoreWeave, or the billions CoreWeave got from Magnetar Capital, but it does talk about concerns over whether Nvidia's impressive stock run will prove too good to be true
nitter.siddz.com/kshaughnessy2/status/1…
_________
5
62
238
13,451
JP Morgan reassures investors that its company and institutional banks as a whole have not touched $CRWV debt, so there is limited risk to the global banking system as the company spirals toward…
money.usnews.com/investing/n…
12
16
69
4,806