Warren Buffett now owns an astonishing 5.1% of the entire U.S. Treasury Bill Market 🚨🚨🚨
@barchart
The White House is considering an executive action to speed up the development of nuclear reactors…
$OKLO is soaring on the news, went from flat on the day to up 6% 👀 ➡️ Oklo Inc. is a Santa Clara, California-based advanced nuclear technology company founded in 2013. The company focuses on designing and deploying compact fast reactors, specifically the Aurora powerhouse, to provide clean, reliable, and affordable energy. These reactors, ranging from 15 to 75 MWe, use high-assay low-enriched hashtag#uranium (HALEU) and recycled nuclear waste as fuel, offering inherent safety features like self-stabilizing and self-controlling mechanisms. Oklo aims to sell power directly to customers, including data centers, industrial sites, and defense facilities, through power purchase agreements. Source: Stocktwitt, Grok
Who will be right?
BoA hedge fund clients around record low (to 2008) 4-wk net buying flows. Institutions also have been big sellers, while retail at record highs. Neil Sethi @neilksethi
US power demand
@zerohedge
JUST IN 🚨
Hong Kong Dollar Funding Cost plunges by largest amount since the Global Financial Crisis Source: Bloomberg, Barchart
🔴 XAI AND PALANTIR PARTNER TO ACCELERATE AI IN FINANCIAL SERVICES
▶️ xAI has partnered with Palantir to drive AI adoption in the financial services sector, focusing on developing AI-driven solutions for businesses. The partnership, unveiled on May 6, extends an earlier collaboration with TWG Global. The collaboration aims to implement AI to enhance growth and operational efficiency, especially in the financial sector, by using "modular AI agents" tailored to specific business needs. AI’s integration at the C-suite level is key to its success, according to both companies, as they seek to unlock AI’s full potential in financial operations. Source: PYMNTS thru Mario Nawfal
Ships sailing from China to US hits 2 week high.
But Long Beach was supposed to be a ghost port... @zerohedge
Here's an intraday composite of the S&P 500's action on the last eight Fed Days
Bulls will be rooting for a reversal of this trend today. Source: Bespoke
