📈 Chartist of the financial markets. Created Prophet (sold to Ameritrade) and https://xitter.cf/t.co/GBXrbomGyl. Original @tastyliveshow host, author & market pundit 📈

Silicon Valley, California
Joined November 2007
Slope of Hope retweeted
When you realise your stake in a $2 trillion IPO would be worth over one hundred billion dollars but you went to prison for 25 years instead
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Slope of Hope retweeted
Yikes. Anthropic just pulled the exact accounting trick that companies did in 2000 bubble for IPO. They hid all their expenses via convertible notes redeemable at IPO. $108 billion worth. Dotcom firms often paid suppliers, ad agencies, lawyers and even landlords with stock or equity to save cash. AOL swapped shares for services and ads (e.g., Homestore, DrKoop). Telecom suppliers like Lucent, Cisco and Nortel used vendor financing, sometimes with equity or warrants, to drive equipment sales.
So we’re all in agreement Anthropic was paying all of its expenses in convertible notes?
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I present to you the Anthropic S-1. Shield your eyes, Frank. sec.gov/Archives/edgar/data/…
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Anthropic says it does not expect to pay a dividend "in the foreseeable future" Yeah, you didn't have to tell us that.
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On October 5th I declared Brazil's $EWZ a "tempting short." It's crashing now by about 25%.
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Slope of Hope retweeted
Used to lose money trading stocks. People advised to diversify portfolio. Now i am losing money in gold, silver, bitcoin, mutual funds and stocks.
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Slope of Hope retweeted
Google did this to build a data center in Finland. It was illegal, but they did it anyway. Big Tech is out of control.
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Slope of Hope retweeted
Imagine believing what this shithole is peddaling
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Slope of Hope retweeted
🚨 TWO MAJOR RESEARCH FIRMS ARE WARNING ABOUT A POTENTIAL MULTI TRILLION DOLLAR AI DISASTER. TS Lombard and Gartner have released some shocking estimates about what could happen if the AI spending boom collapses. According to TS Lombard's Dario Perkins, a sharp collapse in AI spending could trigger: • S&P 500 crashing 30%. • Tech stocks plunging 40%. • $125–190 BILLION in credit losses. • Around 800,000 jobs lost. • More than $20 TRILLION in stock market value wiped out. And now Gartner has issued an even more disturbing warning about the money being poured into AI infrastructure. According to Gartner: • AI companies are expected to spend nearly $1 TRILLION on infrastructure in 2026 alone. • Another $6 TRILLION could be spent between 2027 and 2030. • AI data center owners would need to generate $8.5 TRILLION in revenue through 2030 to cover spending, financing costs and earn a 12% return. • But Gartner expects no more than $3.6 TRILLION in AI revenue attributable to data centers during that period. That's a nearly $5 TRILLION gap between the revenue needed to justify the investments and the revenue Gartner expects. And the situation gets even worse. Gartner warns that more than $3.5 TRILLION in AI infrastructure spending could be exposed to impairment by 2030. By 2032, more than $4 TRILLION in asset value could be at risk of write-downs. It also predicts that over 80% of neocloud providers could cease operating independently by 2030. The biggest problem is that these companies are spending enormous amounts of money on GPUs and data centers that could become outdated before they generate enough revenue to recover their costs. And the stock market is heavily exposed. The Magnificent 7 alone account for roughly 35% of the S&P 500's market value. All seven have significant exposure to AI through their businesses, investments or infrastructure spending. If AI companies start cutting spending, chipmakers, cloud providers and data center operators could all take a massive hit. With AI-related debt potentially reaching $2.9 TRILLION by 2027, the damage could spread to banks and other lenders as well. This is no longer just about whether AI companies are overvalued. The bigger risk is that trillions of dollars are being invested in infrastructure that may never generate enough profit to justify its cost. And if the AI spending boom suddenly reverses, the damage could spread far beyond technology stocks. A $20 trillion market crash is a scenario, not a certainty, but the amount of money at risk is becoming impossible to ignore.
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Here's what the "Don't Be Evil" company is up to $GOOGL
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Slope of Hope retweeted
Foldable iPhone Duo devices are reportedly breaking in large numbers, with displays failing along the hinge crease. Buyers in Japan, China, Australia, and other countries have reported the same issue. In some cases, the display reportedly fails while the phone is still on display in stores. The symptoms are identical: after just a few days of use, a black line appears across the screen.
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Slope of Hope retweeted
Whoever did this… 10/10 no notes 🤣
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Slope of Hope retweeted
Y’all, hear me out.
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Slope of Hope retweeted
BREAKING 🚨: Meta $META posted negative free cash flow for the first time in history 👀
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Slope of Hope retweeted
Revenue: $16.3B Net loss: $80.7B IPO valuation: $2T
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Stop looking for a new Press Secretary. I found her.
This quoted post is unavailable.
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Ten days until the election!
🤖 Made with AI
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Slope of Hope retweeted
Me checking my portfolio on my brand new iPhone Duo
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.........what?
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…..or enough to pay almost 1% of the national debt.
Berkshire Hathaway is now sitting on a staggering $365 Billion in cash, enough to buy 472 companies in the S&P 500 🚨 🤑
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