SpaceX wants to become your mobile carrier.
The company has agreed to buy nationwide 800 MHz spectrum from Grain Management—a move that could bring Starlink closer to competing directly with America’s telecom giants. The market reaction? AT&T, Verizon and T-Mobile fell in extended trading. SpaceX rose around 2.5%. The strategic shift is clear: Starlink wants to serve customers directly, with less reliance on traditional operators. And it has a powerful engine behind it: its connectivity business generated $4.29 billion in revenue and $1.66 billion in operating income in Q2. But spectrum alone won’t solve everything. FCC approval is still required. Reliable indoor coverage in cities would likely require ground-based towers. No launch date has been announced. The next telecom battle could combine satellites above us with towers around us. How much of your next phone bill could eventually go to SpaceX? Source. Gurgavin, CNBC
This is what crowd out looks like
Source: Jason Furman
Michael Burry has spent nearly 18 years trying to make The Big Short 2 happen.
Source: Shay Boloor
Everyone is watching GPUs.
AI agents could make CPUs the next bottleneck. 🚀 Mizuho projects agentic CPU sockets will jump from 1.3 million in 2026 to 16 million by 2030. The inflection point? 2027: almost eightfold growth to 10.2 million sockets. By 2030, AI could account for nearly half of server CPU shipments, including head node processors. Potential market size: 🔹 $209 billion for server CPUs. 🔹 $80 billion for agentic processors alone. Who could benefit? • AMD: high core counts and growing server share. • Intel: a vast enterprise footprint. • Arm: power-efficient custom processors. • Micron, Samsung and SK Hynix: rising memory and storage demand. These are forecasts, but the implication is striking: Businesses long considered mature could become major AI growth engines. The next semiconductor supercycle could reach far beyond GPUs. Source: Milk Road AI
Ranking updated
Source: Brew Markets
“.. Oil market turmoil will continue beyond next year, executives said at the conference on Monday, as it could take years to refill inventories on top of meeting global demand.”
Source: Carl Quintanilla
Being right about a crash once doesn’t make you right about markets forever.
Peter Lynch said it best: “Far more money has been lost by investors trying to anticipate corrections, than has been lost in corrections themselves.” Michael Burry’s 2008 call was legendary. But spotting a crisis and compounding wealth over decades require different skills. One rewards a bold contrarian bet. The other demands patience, discipline—and the ability to change your mind. Permanent pessimism can sound sophisticated. It can also carry a huge opportunity cost. 📈 You don’t need to predict every correction to build wealth. You need a strategy that survives them. Source: Oguz Erkan
How Warren Buffett Quickly Reads Financial Statements
A simple rule-of-thumb framework Source: Brian Feroldi, Compounding Resourcesshared by Brian Feroldi
