“The AI boom that built the bull market is starting to wobbleThe selloff in Palantir and the Nasdaq highlights a tense dynamic: America’s entire stock market has arguably become a leveraged bet on AI.”qz.com/the-ai-boom-…
I think this video is spot onLabels stopped signing rock bands in the 2000s bc they were too labor intensive vs. electronic music, leading to less creativity, over-reliance of similar tools, more formulaic music, easy trend-chasing, and an over-saturation of same soundsyoutu.be/1bZ0OSEViyo?…
"As of writing, Tesla has at least $48.39 billion in debt.However, Musk has also used his Tesla stock as collateral for SpaceX, Twitter, and Tesla loans. Before he bought Twitter, over half of his shares were collateralised; now, that figure is far, far higher."
As someone who’s been yelling about the Times’ weasel words for 25 or so years, welcome to the Noticer Club. Contact President Driftglass for more information.
The New York Times likes to say Trump "has stretched the limits of his powers” and “tests the boundaries of the presidency.” But this is not a test or a stretching exercise. He’s a lawless politician building a dictatorship. Say it. 🧵 1/3
Back in June, I wrote about the news media’s weasel wording, such as saying Trump is “bending the military’s role” and “flirting with lawless defiance of court orders.” Yes, “flirting.” You can subscribe for free to my Stop the Presses newsletter. 🧵 2/3
The New York Times wrote strongly about the MAGA threat in an editorial last week. It needs to make the same points in its news pages. It's not an opinion that Trump is building a dictatorship. It's apparent to anyone who is paying attention, and we need more people to pay attention. 🧵 3/3
“Tesla’s stock market value loss will be colossal because this valuation is simply stratospheric,” he said. “I’m not sure that Tesla will still exist in 10 years. It’s an innovative group, but they’ll be beaten by BYD’s efficiency.”
