AMZN $15bn bond offering, CRWV / BTC, crypto malaise / UN approves Gaza plan / JGBs / NVDA earnings tom
- Stéphan
- 5 days ago
- 3 min read
Markets : BTC given up all of its 2025 gains, flat on ther year, down 30pct from highs, mind the gap sub -92K they say #sentiment broken, Japan's 20Y Government Bond Yield surges to 2.78%, the highest level in history, as the government prepares a $110 billion stimulus package, #AI #VALUATIONS !... #Amazon now with $15bn bond offering for AI xpansion, The Beat-and-Raise Machine Meets the Law of Big Numbers: Jensen Huang’s Playbook to Keep the Bubble Inflated (Thread, well worth a read) >>> markets beginning to break decent tech levels, underneth it all it's already broken, including crypto and BTC... bunker down... FXlalaland, pretty quiet,CROSSJPY's do look a little high, too high, let's see, precious metals unwinding of longs too on risk-off, await patiently for a decent dip in GOLD, Silver etc
Geopolitics : 60 Minutes just dropped a bomb: Changpeng Zhao — a billionaire felon — got a presidential pardon months after his company enriched a Trump family crypto firm, UN Security Council approves Trump's Gaza plan
Crypto market sheds $1.2tn as traders shun speculative assets. Bitcoin drops 28% in six weeks as worries over AI stocks spill into digital assets and high-octane bets backfire. (FT), Crypto Market Faces Turbulence as Major Tokens Sink and Liquidations Skyrocket
Ahead of #NVDA earnigns tomorrow evening, please read : Kakashii on X: "The Beat-and-Raise Machine Meets the Law of Big Numbers: Jensen Huang’s Playbook to Keep the Bubble Inflated The recent moves and developments from Nvidia since its last earnings call in August are no coincidence. Every step has been carefully and sophisticatedly planned by https://t.co/THiW76H7I2" / X
Regulate AI, before it's too late, or governments better have a plan, and a solid one... Rohan Paul on X: "AI will wipe out 50% of entry-level white collar roles in law, finance, and consulting in 5 years. Because a lot of what these white-collar workers do, AI models are already quite good at without intervention. Anthropic’s CEO. https://t.co/UfrcnwxN8d" / X
This is why people have grown increasingly worried about the financing behind AI over the past few months: bond issuance has surged since September, and global financing of data centers is expected to balloon to almost $3 trillion just through 2028
''''they spending $310mio on interest expense against just $51.9 million in operating income, borrowing money to pay interest on previous loans. The AI data center company went public in March at $40 per share, peaked at $187 in June, and now trades around $75 while carrying $14 billion in debt''''