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JUST IN: 30-year Treasury yield hits 5.61%, highest since 2002.
The average 30-year mortgage rate is now 7.58%, highest since November 2023.
At these rates, a $400,000 mortgage will cost you $1,015,000.
Trump has said the Iran war is almost over 53 times since it started.
April–June: the S&P 500 went up 10.9% on days he said it.
July–September: it's down 2.2%.
The Trump pump is dead.
🚨 NVIDIA CEO JENSEN HUANG ON WHAT NVIDIA IS ACTUALLY INVESTING IN THE US:
"All in, we're probably up to maybe like a hundred billion dollars. Not to mention because of the purchasing commitments I provide to TSMC, Wistron, Foxconn, Amkor, and all these different companies, because of that commitment I'm able to encourage them to come and manufacture here in the United States."
His claim on reindustrialization:
"We probably contributed more to re-industrializing the United States in chip manufacturing than just about any company in the world. We're not only re-industrializing manufacturing, we're doing it so fast that we're creating a shortage of labor."
"But we're creating a lot of jobs."
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BREAKING: $NVDA CEO takes a radical new strategy toward AI, called “optimism”
Frontier labs skeptical of the strategy but the market appears to like it
BREAKING: $NVDA CEO takes a radical new strategy toward AI, called “optimism”
Frontier labs skeptical of the strategy but the market appears to like it
NVIDIA $NVDA CEO JENSEN HUANG JUST SAID AI AGENTS THAT BREAK OUT OF THEIR LIMITS ARE AN ENGINEERING PROBLEM, AND A SOLVABLE ONE
"If it's not an engineering problem, it's not solvable," Huang told CNBC this morning.
His model is the early internet. Downloaded apps brought
@HuinGuillaume@McDonalds are these test kitchen cooks? we have never seen such brilliant buns and excellent maillard on an in-store product.
if not, we must know the mcdonalds in question and pay it a visit.
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