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The AI boom is increasingly running on circular money, and it’s reminding some investors of 2008, per Bloomberg.
Chipmakers and cloud giants invest in or lend to AI companies, which then use that money to buy chips and computing power from the very same companies.
Recent examples:
- Broadcom, $AVGO, agreed to lend Anthropic up to $42 billion to buy chips and computing hardware
- Nvidia, $NVDA, has put more than $40 billion into AI companies this year, including $30 billion in OpenAI.
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The $15 million Yankees question that could determine Giancarlo Stanton's future
The tricky power-play 'challenge' that the Rangers are still trying to solve
The AI Hangover: Goldman Says Buy The Dip As Hedge Fund Stop-Outs Push Nets To A One-Year Low
The highest craftsmanship fashion has to offer, couture blurs the lines between art and reality.
🔗 Here, Gigi Hadid steps into a world reminiscent of the European Old Masters:
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The endless James Bond search is worse than a presidential election cycle
The AI Bubble Has A $3.6 Trillion Problem, And It's Getting Worse $SPY #trading# #investing# #finance#
The number of US home sellers has hit the highest level since 2020, per Redfin:
The wealthy have long torn down older houses, or those needing extensive renovation. But even new houses are now being purchased for nine-figure sums and then razed to make way for custom builds. 🔗
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