Venture Capital

Michael Lewis says "The Stock Market is Rigged". ✔️ @venture

Elon Musk has lost $582 billion in net worth in the last 38 days, as SpaceX crashes 50% from its all-time high. ✔️ @venture

🇨🇳 China aims to produce 70% of its AI chips domestically by 2030 According to Morgan Stanley , China's AI chip self-sufficiency could rise from 10% in 2021 to 70% by 2030 . After a brief plateau around 2025-2026 , growth is expected to accelerate as domestic production scales. U.S. export restrictions have pushed China to build its own semiconductor supply chain, from chip manufacturing to equip…

🔽 $2.8 TRILLION has been wiped out from stocks, gold, silver, and crypto in the last 24 hours Here's why everything is crashing: 🖱 Alphabet's earnings disappointed investors last night. It raised its 2026 AI spending plan to $195-205 billion, and tech stocks are crashing on fears that AI spending is growing faster than profits. 🖱 Oil prices jumped to 42 day high today after Houthi rebels attacked…

📈 The S&P 500 has never been this concentrated At the peak of the dot-com bubble , it took 32 stocks to make up half of the S&P 500 . Today, it takes just 24 , making the index more concentrated than at any point in its history. Since ChatGPT launched, 42 AI-related companies have generated up to 75% of the index's returns, profit growth, and capital spending. ⠀ That concentration is becoming a b…

💰 A $100K check that became a $15 billion investment In 1998 , Andy Bechtolsheim , co-founder of Sun Microsystems , watched a demo of Google's PageRank and wrote a $100,000 check to "Google Inc." in less than 30 minutes . The company hadn't even been incorporated yet. Google went public in 2004 , turning his stake into roughly $300 million . Instead of selling, Bechtolsheim kept his shares, and t…

🚨 Big Tech's hidden debt has reached $1.65 trillion A Nikkei analysis found that America's largest tech companies now have $1.65 trillion in off-balance-sheet obligations, exceeding their reported debt of $1.35 trillion . The commitments come from long-term AI infrastructure projects, including data center leases and GPU orders that accounting rules allow companies to keep off their balance sheet…

🇺🇸 Trump proposes 50% tariffs on Canadian imports Donald Trump announced plans to impose 50% tariffs on a wide range of Canadian imports starting August 19 , using Section 338 of the Tariff Act of 1930 after earlier tariffs were blocked by the Supreme Court. The proposed tariffs would apply to many goods previously exempt under the USMCA , while Canada is already considering a "dollar for dollar"…

📉 How leverage turned South Korea's AI boom into a market crash South Korea went from the world's best-performing stock market to a 30% correction in less than a month. Nearly $1.3 trillion in market value disappeared after years of gains driven by just Samsung Electronics and SK Hynix , which together accounted for more than 50% of the KOSPI . The AI story itself didn't break. Both companies rem…

📊 Global recession risk drops to a 4-year low MacroMicro's Global Recession Probability Index has fallen to its lowest level since January 2021 , with the current reading near 20% , well below the 50% recession threshold. The improvement largely reflects the recent drop in oil prices from $120 to $70 , which helped cool inflation and improve macro data. ⠀ If oil keeps rising again on renewed Midd…

Cannibal stocks (Buy back compounders): ✔️ @venture

🛢 Oil could put inflation back at the center of the market Inflation had started easing as oil prices fell after the June ceasefire. That trend is now at risk of reversing as tensions in the Middle East escalate again. The Strait of Hormuz , which carries about 20% of global oil supply , has seen tanker traffic drop sharply. Reuters also reports that Iran has told the Houthis to prepare for a pos…