Syz the moment

Through September, U.S. companies cut nearly 950,000 jobs — the highest year-to-date total since 2020 and worse than any full year since the Great Recession (excluding COVID). October alone brought headlines: 💻 Amazon – 14,000 corporate roles gone (AI cited as a factor) 🏪 Target – 1,800 jobs cut ☕ Starbucks – 900 employees laid off 🎬 Paramount – 1,000 roles eliminated Even Southwest Airlines announced its first major layoffs ever. Government jobs made up ~300,000 of those cuts, but tech and retail are taking the brunt. “We’re not just in a low hire, low fire environment anymore. We’re firing.” – Dan North, Allianz Trade The new pattern? AI is accelerating restructuring. 60%+ of executives on LinkedIn say AI will replace entry-level tasks. Companies are trimming labor to protect profits amid tariffs and cost pressures. Job security is no longer guaranteed — even in stable sectors. Source: zerohedge, Bloomberg

At the APEC CEO Summit in South Korea, Jensen Huang painted a powerful picture of what’s happening in AI right now — and why growth might only accelerate from here. He explained it simply: “The AIs get better. More people use it. More people use it — it makes more profit. More profit creates more factories. More factories create better AIs. And the cycle repeats.” That’s the AI virtuous cycle — a self-reinforcing loop driving innovation, usage, and investment at record speed. 💡 The result? Smarter models → More adoption → Bigger profits → Massive infrastructure buildouts → Even smarter models. It’s not just hype, it’s momentum. Big Tech is pouring billions into AI infrastructure, fueling this cycle and redefining how fast industries evolve. Source: CNBC

Source: Voronoi app by Visual Capitalist

Same metal in the same vaults, but one lives on ETH and suddenly performs 60% better because it trades 24/7. Gold bugs just became crypto users and they don't even know it yet Source: Katusa Research

• Stargate $500 billion • Nvidia $100 billion • AMD $100 billion • AWS $38 billion • Intel $25 billion • TSMC $20 billion • Microsoft $13 billion • Broadcom $10 billion • Oracle $10 billion ➡️ Total Value: $816 billion Source: Morning Brew ☕️@MorningBrew

🟢 EPS: $0.21 vs. $0.15 expected 🟢 REVENUE: $1.18B vs. $1.09B expected PALANTIR Q3 2025 EARNINGS: - $1.18B revenue, +63% YoY - $883M U.S. revenue, +77% YoY - $397M U.S. commercial revenue, +121% YoY - $486M U.S. government revenue, +52% YoY - GAAP net income $476M, 40% margin - Rule of 40 at 114% - $6.4B in cash CEO Alex Karp: "Some of our detractors have been left in a kind of deranged and self-destructive befuddlement. This remains the beginning, the first moment of a first chapter." $PLTR IS UP +4% IMMEDIATELY AFTER-HOURS Source: amit

Source: zerohedge, Bloomberg

Michael Burry’s 13F shows he’s betting heavily against AI favorites 66% of his entire portfolio is in $PLTR puts, and another 13.5% is in Nvidia $NVDA puts That’s nearly 80% of Scion Asset Management betting against two of the biggest names in AI Source: Stocktwits on X