AI is eating software.
Source: Vala Afshar, FRED
"The MSCI US now accounts for a staggering 74% of the market capitalization of the All Country World MSCI."
Source: Yardeni
BREAKING: Softbank CEO Masa Son was reportedly visiting the US yesterday to announce a $100 billion investment with President- elect Trump, per CNBC.
The investment will be focused around building out AI and aims to create 100,000 jobs in the US. SoftBank CEO says his "confidence level" in the US economy has "tremendously increased with [Trump's] victory" - announces $100 BILLION investment. "Because of that - I am committing $100 billion and 100,000 jobs into the United States. This is DOUBLE of last time... because President Trump is a double-down president." Source: Eric Daugherty @EricLDaugh
Bitcoin’s current token distribution:
57% Individuals 17.6% Lost 6.6% Not mined yet 5.2% Satoshi Wallet 3.9% ETFs 3.6% Companies 3.4% Miners 2.7% Governments Source: Cory Bates on X
Enron: The rise, the fall, the cautionary tale.
QUESTION: What's today's Enron? Source: Hedgeye
🚨 ALERT: $2.14 BILLION worth of Bitcoin shorts face liquidation if $BTC reaches $111,111.
Source: cointelegraph.com
BREAKING >>> The Dow Jones just hit an 8-day losing streak
The longest since 2018 $DIA
To put things into perspective:
Chip specialist Broadcom has added $324bn to its market value in just 2 days—exceeding the entire market value of Germany's largest company, SAP, which is worth $310bn. Source: HolgerZ, Bloomberg
