FinGenAi

Thursday was the biggest put day in history | Cboe _/ Thursday marked the biggest put-volume day in Cboe history at11.23 million put contracts, surpassing the previous record of 10.22 million set on April 4, 2025.

50 worst-performing S&P 500 Stocks of Q4 -> intel: -56.5 % -> Sandisk: -51.2 % -> Marvell: -49.5 % -> Seagate:-49.4 % -> Lumentum:-47.5 %

Trading firms' #AI & compute investments -> Jane Street - $20B -> Hudson River Trading - $1B/year -> XTX Markets - €1B+ -> Wintermute - $1B over 5 years -> IMC Trading - $300M–$500M+/year -> Qube Research - Hundreds of millions/year -> G-Research - 13,000+ GPUs h/t: A. Golub

Hourly #AI compute prices -> H100 SXM: $3.99 -> H200 SXM: $4.47 -> B200: $8.35 computemarketprice.com/ 👇 Chip rental prices today: On-demand · USD per chip-hour (updated daily).

Inflation and 10Y Government Bond Yield -> How do the Swiss 🇨🇭 do it. Kudos for knowing how to manage their economy.

Eye on the Market | Cembalest, JP Morgan _/ ... questions around #AI off balance sheet liabilities, only 15% of debt & lease commitments appear on balance sheet for big 7 AI companies; that may explain why their credit spreads have been widening rapidly. cdn.jpmorganfunds.com/conten…

These 3 stars need to align before investors rush back into stocks | BofA _/ Investors will rotate risk into tech bonds, Europe and China. _/ SPX >7k holds if banks, mid-caps & junk hold. _/ Buy gold ahead of Feb $41.1T debt ceiling games. morningstar.com/news/marketw…

RIP Cybertruck _/ Tesla will wind down Cybertruck production at its Texas factory ~2027, after years of persistently weak sales for a futuristic model once touted as a rival to legacy pickup trucks that ultimately only sold in just a handful of markets. nitter.gq/elonmusk/status/211859…

Major Investors Are Skeptical Anthropic IPO Can Achieve $1.5 Trillion Valuation _/ Anthropic has been planning to IPO prior to Thanksgiving. It’s unclear if today’s crash will impact that timeline. _/ One major investor said Anthropic’s valuation will need to come down to $1T.

McElligott | Nomura _/ "perfect storm" of unwinding flows into close _/ Dealer Gamma: -$7B for every 1% drop _/ Leveraged ETFs: -$47B in forced selling at the close _/ Vol Control: Approximately -$61B in implied liquidations queued up _/ "Semis-Energy Barbell just got leg-swept"

Key bottlenecks across #AI infrastructure value chain | UBS 👇 The Al value chain: From infrastructure to chips. Table highlights where substitutability is lowest. These hard-to-replace parts of the ecosystem could offer some of the best long-term investment opportunities.

Chip rout tests #Al investment case | UBS _/ High expectations & concentrated positions have recently increased sensitivity of AI-linked stocks to company guidance, changes in risk appetite, and regulatory developments. _/ more likely to redistribute & extend AI investment cycle

CBOE Volatility Index $VIX down a bit this morning but soared 70% yesterday, its 3rd largest gain in history nitter.gq/ackmeni/status/2116851…

The BEAT | MS _/ Tight refinedproduct (diesel) create a direct transmission channel from disruption to inflation _/ Financials, managed care and selected cyclicals remain attractive, with improving opportunities in Europe and Japan, mainly in financials. morganstanley.com/content/da…

Capital Market Outlook | Merrill _/ As crude oil flirts with April’s highs, and the price of diesel sits comfortably above $6 per gallon, disruption to the global energy complex has emerged as a major theme of 2026. _/ We remain overweight U.S. Equities. olui2.fs.ml.com/publish/cont…

Relax, today doesn't even count as far as Stock Market Crashes go -> "1-2-3-4, I can't even count 'em all"