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Trmp signs order imposing 25% steel and aluminum tariffs
Pres Donald Trmp signed an order Monday that imposes a 25% tariff on all steel imports to the United States. “This is a big deal," Trmp said while signing the order in the Oval Office. "The beginning of making America rich again." The tariffs come just a week after Trmp …
SMCI
31K YOLO on $BABA 🚀
I made a post about a week ago when I bought calls on BABA when the stock was in the 90s. I then sold for a loss. Well I’m back to buy high and sell low! 31K yolo - expiration just after earnings. Let’s watch this puppy rise.
Tech megacaps plan to spend more than $300 billion in 2025 as AI race intensifies
Yolo
UPS - lowering it's small package volume to increase margins
This scale down with Amazon was accelerated by UPS because the margins were thin and using up their workforce to sustain it. Even Amazon said their deliveries are too costly for them which is why they depended on UPS. Don't think people understood that this will increase revenue. It's currently …
More trouble ahead for NVIDIA: Cerebras and Mistral Le Chat
A new LLM chat product that can produce near-instant responses (for prompts that do not involve a web search, that is) is out. This new feature apparently runs completely on non-NVIDIA hardware: >On Thursday, Mistral released an app called Le Chat that it said can respond to user questions with …
France to Announce €109 Billion in AI Investments, Macron Says
TL;DR: France is set to invest a total of €109 billion ($113 billion) in artificial intelligence projects over the coming years. The funding will come from various sources, including companies, funds, and international investments. Key highlights: • Brookfield Asset Management plans to invest €20 billion in developing data centers and …