Trump's own teleprompter operator got caught betting on his speeches before he gave them, per ABC news.
Gabriel Perez, who has run Trump's teleprompter since 2016, made over $100,000 betting on Kalshi's "Mentions" market, where users bet on specific words or phrases said during a speech. CFTC investigators found he placed bets on more than a dozen speeches over three months, including the State of the Union, a Davos address, and a Medal of Honor ceremony. Kalshi flagged the activity itself and referred it to regulators. Perez is now in settlement talks with the CFTC, and he still holds his job today. Source: Bull Theory
President Trump says New York is making a "terrible decision" by blocking data centers.
Trump says AI data centers are "money machines" that create jobs and generate massive tax revenue. He claims companies are now moving to states like Texas, Florida, Arizona, and Alabama instead. Trump also warned the US cannot afford to lose AI infrastructure and data centers to China and other countries. Source: Bull Theory Afficher la traduction
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
VAR intervention rate per 100 fools
Source: The Footy Feed
