#FinanceDaily : AMD, Muse, Fed Rate

this all becomes. I'm looking at this very closely. I'm impressed with it. Another announcement that came out of Coinbase is they're allowing access to qualified users and they're starting with the Aura IPO, but they are allowing users access for qualifying users to get access to the Aura IPO that's inbound. I'm not sure of all the details on this yet, but this is also an interesting innovation, and it just continues to point to the fact that these platforms are innovating in very new and creative ways, and I'm just having a fun time covering all of it back to Eric. Thank you very much, Carlo. Indeed, if we can do the trading directly from X, it will be so easy for everybody to get on board just with a ticker. So step by step, we're getting to a place where it will be accessible to everybody, hoping that the application stays strong and secure, which is in this AI. Doing attacks from all lectures is my number one concern. There's a lot of reaches recently, but the defences should be going up as well over time. So, and hopefully all the big operating systems and software companies will do a full review of their code with the AI also to make sure that the code review removes most of the bugs that they have, that the AI can figure out, and to remove them, because zero days are usually what attackers use, so some bugs which have not been used yet, or that have not been patched, that are known, and then have not been patched. Usually what is being used, and in this AI age, we can find them and patch them relatively rapidly, which was not as easy before. So, on this note, good morning, Eladio. Are you here, my friend? Oh, Eladio doesn't seem to be here, still on his piano getting ready. Oh, I'm here, I'm here. I'm here. I just, you just caught me off guard here. Because yesterday you and I had a little discussion on on Twitter and you were wondering if some of the things happening within me, these are being done on purpose. I'm thinking alongside the same lines as you, that it might very well be. Well, that's interesting. Yeah, I mean, look, for a while, and I mentioned this, I think to Anas, I don't know if he wants to comment on it later, when he does his part. It's just, again, and it's hard to know with this president. You would agree. Some things happen impulsively, but the trend has been the same here. If you're an adversary of the United States of America and you're Russia or China, those are really the only two adversaries that matter mostly China. And I noticed I said adversaries, I didn't say enemies. Their competitors, obviously, in the case of Russia, they crossed the line by changing the post-World Order, by actually starting a war again in Europe. So there are a lot of moving parts. And Eric, you've said something for a long time that I might have to agree. The world, in this case, I think this president has preparing God forbid if we do go into a bigger conflict that is not just two regional conflicts. Does that make sense, Eric, positioning the pieces? It is worldwide, and the main accesses are indeed Russia, Italy. And what's behind this fuel? And if you wage war, look, Russia's war is being impeded now by the fact that 75% or 70% of all the oil that comes from Russia is what we call medium-sour crude. Now, there are only 6% of the diesel production, but a lot of that oil is, I think, and I'm asked what have to correct this. I don't know. A lot of the oil is also refined in other places, so it is delivered to refineries outside of Russia in order to create diesel. So these drone attacks are a problem, but the question I have is behind closed doors is Trump acting like he's pissed that Ukraine used the drones to attack the military, the energy infrastructure of Russia? I'm not so sure, because their war effort is directly tied into their ability to put fuel in the battlefield too, and they suspended their exports. And if you know the same thing happened with Saudi Arabia because of the attacks from the Houthis, and the question I have is why did the Trump administration wait this long to do anything? If anything, they haven't done very much the Biden administration, which much more aggressive against the Houthis. So that tells me that maybe there's a larger overarching plan, and the question we all have to ask is, OPEC is much weaker now than it was before the war. They've lost a member, they've lost another member of Venezuela, which is basically controlled by us. And OPEC, I mean, if you're a middle eastern oil power, you're not happy here, right? So the question becomes, is this a way to squeeze the world to prevent something worse from happening? Because it's kind of hard for China to use military force or kinetic force in order to do something about Taiwan when they have fuel problems, even though they have a tremendous strategic reserve. So these are all things that you have to think if you're a chess player and you're looking to position your country in the best possible way, now that this post-World War Order has been completely shattered by Russia and the United States. Absolutely, we're definitely going to order right now. Just one second, a lot of you as well, just so you know, and everyone knows, China can only attack successfully Taiwan during August and September, and that window is nearly closing because of how the interest of the streets of the area. Lumido, that's just not going to happen at this point. Oh, I understand what's not going to happen is really past. So we're going to have 12 months before even the possibility of it happening. No, no, that's not going to happen for the symbiotic relationship that the United, that Russia, I mean that China has with the rest of the world as their manufacturer. In a way, sure, we're dependent or many manufacturers are the people, companies that manufacture are dependent on China. But the question becomes, how dependent is from a symbiotic relationship is China that would prevent that? I mean, do you realize what would happen if China went after Taiwan? There'd be an economic global catastrophe. The South Korean market would lose half of its value in one day. Yes. Just a second, please because I see the numbers are still down. Retweet the space so people can find us. Some people may still be looking to David's account to find us. Please just retreat the space where everybody can find us. I'm going to go through the news of the day, the financial news of the day, then we can continue from there. There's a big news that Alibaba unveils their top AI chip in China. It's still weaker than Nvidia because it technologies not as progress, but they're getting their slowly, slowly. So they're progressing. What is really important here is that they're developing their own infrastructure from the full stocks, from the chip all the way to the finished AI because of data centers. So they're catching up step by step and they're relying mostly on those chips. So we have who are way have their own, then you have Alibaba have their own series of chip and Nvidia is a different stock altogether, which has been restricted to some extent in China. The Paramount Skydance that we talk about many times. So the settlement allows to file by 12 states. The settlement filed in court Monday clears the way for the deal to close. So we may have a deal after all. As we said yesterday, they might have to stay in California. Let's see what happened with that. Meta's new AI agent Mews has racked up most downloads and daily active users in the US and Canada than Chad GPT did over the same period after its mobile debut. So that's a good sign from Meta. Although now everybody is using AI, so of course they're going to download faster. I haven't tested it. My glasses yet. I haven't used my glitter glasses for a while, but I hope that it improves them too because I had some complain about these meta glasses before. But I have no doubt that they will catch up. Everybody's catching up on everybody in the AI space. We have so many AI providers right now and so many models. I can't even count them anymore. It's really crazy how fast this has gone and how many people are trying to compete with each other for that. Okay, X will now tell users when governments have forced it to limit their posts. X is expanding. It's under the hood transparency tool to show when posts have been downranked or withheld in response to local laws or government demands. And it will include the country which has the demand. So there's a bit more transparency there. I like it. I can see what's going on. Transparency is always a good thing in my opinion. Good host to Elon for making that effort because we know that the other platforms we have no idea what's going on. So at least that's good. So that's for the government stuff. It doesn't mean, you know, if the X staff has done rank you, for example, like they need to Mario, when this is released, you'll have put for the government ones at least it shows up. So at least we have that. Then we have hyper liquid coming on. We have Kraken any comments on that? It's a carol still here. No, it'll be not. Yes, this is actually sorry, Eric. Yes, this is actually a massive development. This, yeah, this is a massive development. I think I am as my mic on. Anyone hear me? Yes, yes, I can hear you. Go ahead. Okay, sorry. Okay. The app is glitching a bit. I'm going to step down because it's glitching there. Sorry. Okay, no problem. I lost Andy Kaufman also had trouble bringing Ravi up today. So apologies to the audience. We're having some glitches. It is what it is the usual Twitter. Yeah. Okay. So now there's saying that from from the summit in between Trump and she and AI, a hotline, not a trade pact, strategic slowdown or diplomatic reset could emerge as the summit's most meaningful outcome. So the Cold War president is the hotline Washington, the Moscow established after Cuban missile crisis for those who were not there on this planet at that time, including myself. When we had the October missile crisis in 1962, Moscow and Washington didn't have a hotline to each other. So they had to essentially try and calculate what the other one would respond. The president of the United States could not talk directly to President Russia. So they put an emergency red phone at the time, what do we call and there might be something like that between between the United States and China, just in case something happens with AI later on in the game. AI is revolving really fast. I saw yesterday some robots doing some combat with each other with humans as well. The robotics aspect of it is developing fast as well. So the world is really going to change with that. Amazon block meta is popular in new muse agent from perusing and buying projects on its platform. Essentially meta was using it without Amazon's permission. So the two are fighting. Amazon saying, why are you using your AI to buy my stuff from my platform? I needed my permission for it. So I don't know if they'll go to court or if it'll just still like that. I think, you know, that's one thing. Everybody's using Amazon. I think with AI agent who might be able at some point in the near future directly orders, say the AI, okay, order me this stuff from Amazon and they'll be able to order it. So let's you tell you, so Elijah, you have a hamlet? Yes, my friend. So yesterday we saw, this is about markets, right? Two, we saw the most unbelievable rally in risk assets led by technology and led ironically by the very AI names that were questioned by this regulatory captured debacle where you have to decide whether the three CEOs, you know, and I don't ignore Mark Zuckerberg because I think that Facebook or meta, in fact, I remember David Nikoski mentioning, I don't know if he's here, like the day before the Fed meeting or two when they announced their release of Muse. And the fact that it is a sort of like coal pilot attempt to charge for an assistant, which could be a new revenue stream for them. And meta, along that day, I think the market was down substantially and I think the Dow was even down 800 points or something like that right before the Fed meeting and meta was green. And I remember David Nikoski mentioning that if it hadn't been up as much as it had, we would have had a bigger sell off because it is one of those big champions that control a large weight in the index. So to make a long story short, I think that that really changed everything. And the timing is perfect. And if you look at meta, they drop two quarterly earnings and Mark Zuckerberg's the best strategic announcer of earnings, I think in terms of looking at where the market is and when you want to take the hit and when you want to push something out into the next quarter or you know and again, a lot of the earnings can do that. And so because of this, I think meta has changed the landscape and AMD yesterday in my opinion was up in a great deal yesterday because of that. And you're looking at these mega, mega cap companies. Now these are, this is AMD's a trillion dollar company. And it's hard to deny that that that that whatever everybody was worried about everybody's realized that that president Trump is in charge of the country and he's not going to allow for any type of over regulation. He sees this as the internet way back then in spite of the risk that are involved with AI. But this is game on and cat backs is going to continue and we may not even have a deceleration this year or into next.