Syz the moment

Nvidia Is Up +23.2% $NVDA. Meta Is Up +11.3% $META. Alphabet Is Up +9.1% $GOOGL. Microsoft Is Up +7.4% $MSFT. Amazon Is Up +4.7% $AMZN. 🔴 Apple Is Down -0.1% $AAPL 🔴 Tesla Is Down -26.2% $TSLA Source: Jesse Cohen, Bloomberg

Lumiere can generate video from different inputs, including text-to-video, which works like a regular image generator and generates a video from a text prompt, and image-to-video, which takes an image and uses its accompanying prompt to bring the photo to life in a video. The model can also put a fun spin on video generation through stylized generation, which uses a single reference image to generate video in the target style using a user prompt. In addition to generating video, the model can be used to edit existing video through various visual stylizations that modify a video to reflect a specific prompt, cinemagraphs that animate a specific area of a photo, and inpainting, which fills in missing or damaged areas in the video. Source: Shruti Mishra, www.zdnet.com

Source: Game of Trades

In other words, the debt is now greater than the property value on all of these properties. Currently, US banks hold over $2.9 trillion of CRE debt, the majority of which is held by regional banks. Office building prices are down 40% from their highs and CRE as a whole is down over 20%. All as rates rise and many of these loans are due CRE is beyond bear market territory.

Source: Charlie Bilello

$GOOGL $MSFT $AAPL Source: Bespoe

The move lower has erased $20 billion in market cap in just two hours. Intel provided Q1 2024 EPS guidance of $0.13, which is well below expectations of $0.34. They are also guiding Q1 2024 revenue of $12.2B-$13.2B, below expectations of $14.2B. The question becomes if this weakness is an Intel issue or an industry-wide issue. Source: The Kobeissi Letter

Note that short interest as a % of equity float is near record low... Source: Bloomberg, HolgerZ