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A tiny group of Americans now owns wealth equivalent to nearly 12% of all the national income generated in the United States in a single year
Source: FT
At the top 1% of AI-spending firms, AI spend per employee is on track to exceed average software-engineer pay by the end of the year.
Source: Hedgeye
Michael Burry says the AI boom isn't funded by real demand
It's a loop cycle: borrow money, buy GPUs, use GPUs as collateral, borrow more money, repeat. Source: Michael Burry Stock Tracker ♟ @burrytracker
Warren Buffett will no longer be gifting shares of Berkshire Hathaway to the Bill Gates Foundation 🚨 🚨
Source: Barchart
France generates 67% of its electricity from nuclear power, the highest share of any major economy.
Extreme heat just forced 3 reactors offline and cut output at 8 more. That gap gets filled by gas. Right when European gas markets are already stretched. Source: Jack Prandelli on X
Buffett never caught a 100x.
His whole 60 year record averages 19.9% a year. The most boring number on this chart built on of the richest investors alive. Source: Rand Group
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