In case you missed it... Soybeans jump to highest price since July 2024 📈📈
Source: Barchart
Samsung bets big on AI 🇰🇷 Korean tech giant
Samsung just announced plans to buy and deploy 50,000 Nvidia GPUs — a massive move aimed at supercharging its chip manufacturing for mobile devices and robotics. 💡 The partnership is another win for Nvidia, whose GPUs remain the gold standard for building and deploying advanced AI systems. 🔧 Samsung also confirmed it’s working with Nvidia to optimize its 4th-gen HBM (High Bandwidth Memory) for next-generation AI chips — a move that could reshape the global AI hardware landscape. 👉 The AI arms race just got another heavyweight upgrade.
💥 Microsoft’s latest SEC filing quietly revealed a lot about OpenAI’s finances.
According to the numbers, OpenAI lost roughly $11.5 billion last quarter — a figure inferred from Microsoft’s own disclosures. 📊 With a 27% stake in OpenAI, Microsoft recorded a $3.1 billion hit to its net income, pointing to massive operating losses at its AI partner. 💸 The filing also shows Microsoft has now funded $11.6 billion of its $13 billion total commitment to OpenAI — and those losses are now being reflected directly in Microsoft’s earnings under equity accounting rules. 🤔 The takeaway: the AI boom is incredibly expensive, and even the biggest players are feeling the weight of the burn rate.
Japanese Yen hits weakest level against the U.S. Dollar in more than 8 months
Source: Barchart
🚨The S&P 500 has NEVER been this expensive:
The index Price-to-Sales (P/S) hit 3.6x, WAY above the 2000 Dot-Com Bubble peak of 2.1x. The Price/Book (P/B) ratio hit 5.6x, above the 2000 high of 4.6x. Forward P/E is 26x, the second-highest since the Dot-Com Burst. Source: Global Markets Investor
📉 China’s manufacturing slowdown deepens.
October’s PMI came in at 49.0 — hitting a 6-month low and missing expectations of 49.6 (Reuters poll). That’s down from 49.8 in September. 🇨🇳 China’s manufacturing sector has now been in contraction since April, underscoring persistent weakness in global demand and domestic investment. ⚙️ The country’s manufacturing activity has remained in contraction since April. Source: CNBC
📈 The comeback of Amazon — in one chart!
🚀 AWS is back in growth mode. Demand for cloud computing is on fire, and Amazon Web Services is accelerating fast. 💡 According to CEO Andy Jassy, AWS’s power capacity is on track to double the levels seen in 2022 — and then double again by 2027. That’s not just a rebound — it’s a full-blown AI-fueled growth surge. 🔥 The message is clear: the AI trade still has momentum, and Amazon is positioning itself right at the center of it. Source: Jefferies, HolgerZ
🚀 Big Tech just confirmed it — the AI spending boom is still in fire 🔥
This week’s earnings from the MAG7 show that AI CapEx is accelerating into 2026, powered by massive, structural demand that shows no signs of slowing. 💰 This investment wave isn’t just a side story, it’s the engine driving the bull market. 👀 Now the big question everyone’s asking: Will the rumored OpenAI IPO mark the peak of the AI bull run… or the next leg higher? Source: WSJ
