Why are stocks not dropping?
or why earnings yields and bond yields aren't the same thing...
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💬New Philochat
Sent out Central Bank of Nvidia, Part #3 this week to share updated thoughts on the AI Cycle and how it has already started to unravel. Markets still very complacent. Read the piece. Anthropic is expected to file its S-1 asap, and we will be on standby to read
The Central Bank of Nvidia, Part #3
RIP Data Center.
Anthropic Investor Day
Flash Philo on Anthropic (and some Neoclouds)
💬New Philochat
AI OpenAI ARR expectations were proven excessive, with the market getting a cold shower of downward revisions. Meanwhile, Anthropic is said to IPO within the next month. Firmus has cancelled its IPO as investors have pushed back on their A$44 billion valuation. We've explained ad nauseam how