My Thoughts on Current Events
3 Nov 2024 4 minute read 0 comments Perfectionist25
Commodity markets generally experience minor fluctuations during US election periods. Historically, the Bloomberg Commodity Index has shown slight declines in the pre-election period, while increases were experienced in Trump's terms and losses in Bi...
2 Nov 2024 3 minute read 0 comments Perfectionist25
Fitch also released a moderate assessment report for the Eurozone. The report stated that "There appear to be some signs of recovery in consumer spending" for the Eurozone. It was announced that consumption growth rose to 0.5 percent quarter-on-quart...
1 Nov 2024 6 minute read 1 comment Perfectionist25
Traditional car manufacturers are getting hit after hit. I have previously explained how German manufacturers such as Volkswagen, Mercedes and BMW are struggling in China. Volkswagen's profits fell by 62% this quarter, the hits never end. But they be...
31 Oct 2024 11 minute read 0 comments Perfectionist25
The stock markets in the United States are experiencing incredibly active days. Because on the one hand the balance sheets are coming in and on the other hand the flow of economic data never stops. Wednesday was also a super active day. It was a bit...
31 Oct 2024 2 minute read 0 comments Perfectionist25
SoFi Technologies’ Q3 earnings report delivered an impressive performance, beating both revenue and earnings estimates, and reported its fourth consecutive quarter of profitability. The company beat revenue expectations by nearly 10% and earnings per...
30 Oct 2024 4 minute read 0 comments Perfectionist25
In 2001, Jim O’Neill, an economist at Goldman Sachs, coined the term “BRIC.” It was a catchy acronym for Brazil, Russia, India, and China, and it quickly took its place in the global economy. These countries were seen as rising powers that could shak...
29 Oct 2024 4 minute read 1 comment Perfectionist25
You just say it and AI does the rest. It writes a program for you. It manages your operations for you. It fills out forms for you. It makes vacation plans for you. They told us a lot about this future, but so far we have to do a lot of manual things...
27 Oct 2024 4 minute read 1 comment Perfectionist25
AI is changing the world in ways we can’t even imagine. But it has a secret: its enormous appetite for electricity. Last year, AI alone consumed 4% of all electricity in the US, and by the end of the next decade, that number could climb to 9%. With p...
26 Oct 2024 2 minute read 0 comments Perfectionist25
Oklo’s strategy of selling energy through Power Purchase Agreements rather than selling power plant designs stands out. This model creates long-term value and predictability by enabling recurring revenue streams rather than one-time transactions. Thi...
25 Oct 2024 9 minute read 0 comments Perfectionist25
Wednesday was a good day for Tesla investors, maybe for the first time in a long time. Because Tesla announced with numbers that the downward trend was reversing on Wednesday. I was also pleased with what Tesla announced on We Robot Day, but the numb...
