US Home Prices hit another all-time high in March, rising 6% over the last year. Affordability remains near record lows.
Source: Charlie Bilello
Apple iPhone shipments in China rebound 52% in April
Source: Bloomberg
waouuu... this could be a major medical breakthrough...
Source: Mario Nawfal
The cost of training the ChatGPT-5 model could range from $1.7 to $2.5 billion, according to HSBC.
This is 17.5 times more expensive than ChatGPT-4 and nearly 400 times more expensive than ChatGPT-3. Only a few can afford such a race in expenses, so the leadership in AI technologies will remain with the current market technology leaders. Source: Vlad Bastion Research, HSBC
As highlighted by Tavi Costa ->
Silver production in Peru continues to fall severely, now down 43% from peak levels. Together with China, Peru is projected to be the second-largest producer of silver globally. Limited new supply paired with structurally higher demand is the perfect recipe for major price surges in any commodity. Source: Tavi Costa, Crescat Capital, Bloomberg
Hedge Funds dumped stocks at the fastest rate since January and, in particular, sold Industrials at the fastest pace in a decade.
Source: Goldman Sachs thru Barchart
$NVDL (2x Nvidia ETF) went from 0 to 1,452% return in 350 days since launching..
The ETF now has $2.7b in assets and $1b/day volume. Source: Eric Balchunas, Bloomberg
Warren Buffett’s Current Portfolio
Source: Barchart
