π THE AI CAPEX CYCLE
Follow the money. Ignore the noise.
Iβve been quiet for a while.
Not gone. Just listening more than talking.
Hereβs what the numbers say.
This is not an AI βtrendβ.
This is a capital reallocation happening on balance sheets.
In 2024β2025, hyperscalers committed over $ 130B... Show More
π THE MARKET IS OVERHEATEDβ¦ BUT NOT EVERYWHERE
Recent price action shows one clear trend:
capital keeps flowing into the same names, and market concentration is reaching levels that create valuation pressure.
According to CEPR, the top 10 US tech companies now represent almost one-third of the entire... Show More
π +36% YTD. First copier joined β just the beginning.
Big thanks to the first person who decided to copy my strategy β itβs a small step, but it means a lot.
I focus on tech and gaming, sectors I believe will keep driving growth in the years ahead. I also keep a smaller exposure to medtech/biotech... Show More
π Jobs Shock: U.S. Labor Market Weaker Than We Thought
π August
Only +22,000 jobs added β way below the usual monthly gains (last yearβs average was ~150k).
Unemployment rose to 4.3%.
π Big Revision
The latest benchmark shows 911,000 fewer jobs created from Apr 2024 β Mar 2025 than initially reported.... Show More
We use our own and third-party cookies on our websites to enhance your experience, analyze traffic, and for security and marketing. For more info, see our Cookie Policy or go to Manage Settings.
Privacy Preference Center
When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it can give you a more personalized web experience. Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.
More information
Manage Consent Preferences
Strictly Necessary Cookies
Always Active
These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. These cookies do not store any personally identifiable information.
Performance Cookies
These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance.
Functional Cookies
These cookies enable the website to provide enhanced functionality and personalisation. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies then some or all of these services may not function properly.
Targeting Cookies
These cookies may be set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. If you do not allow these cookies, you will experience less targeted advertising.
Cookie List
label
ConsentLeg.Interest
label
label
label
Thu Mar 05 2026 15:40:28 GMT+0000 (Coordinated Universal Time)