🎈 Happy Anniversary, Dot-Com Bubble.
On this day 25 years ago — March 24, 2000 — the S&P 500 hit a peak it wouldn’t revisit until 2007. Three days later, the Nasdaq 100 reached its final all-time high… for the next 15 years.
For years, the United States routinely accused China of technology theft.
Now, the opposite might happen: China is worried that the United States might steal technology from them. How the tables have turned. Source: Jostein Hauge @haugejostein
Google just dropped its biggest bag ever.
A $32B move to dominate cloud security. Nearly as much as its 10 largest deals—combined. Source: App Economy Insights @EconomyApp
BREAKING: BYD unveils battery system that allows EVs to charge as fast as regular cars
Source: ns123abc (@NIK) on X
🔴 TRUMP & TSMC TO ANNOUNCE MASSIVE $100B U.S. CHIP INVESTMENT
Trump and TSMC, the world's largest contract chipmaker, are set to unveil a $100B investment in U.S. semiconductor manufacturing over four years. This expands on TSMC’s $65B Arizona site, which began mass production in 2024, and is fueled by the 2022 CHIPS Act’s $6.6B grant and tax incentives. With AI, smartphones, and military tech at stake, the move aims to counter Taiwan’s 90% grip on advanced chips. Source: WSJ thru Mario Nawfal on X
Europe has AI regulations without AI companies.
Europe has crypto regulations without crypto. Europe wants to censor social media without social media companies. Source: Michel A.Arouet
$BABA beats on the big three revenue, adjusted net income and adjusted EPS!
"Cloud revenue growth accelerated to double digits at 13% year-over-year, with AI-related product revenue achieving triple-digit growth for the sixth consecutive quarter" Source: The Transcript
An interesting chart by stocktwit 👉 $PLTR insider transactions in 2024:
• Buys: $0 • Sells: $3,104,510,822.09 👀👀👀👀👀 Yesterday after the close, Palantir CEO Alex Karp has announced a new plan to sell $1.2 billion of stock. $PLTR 🔴 was down -12% in after-hours trading
