Author: http://wealthcreation.club

http://wealthcreation.club—We are educating regular people about how to be able to make more money in a disciplined way

Bitcoin Having: Mission Accomplished

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🚨 🚨 BREAKING: The #Bitcoin  network completes the fourth-ever ‘halving’ of rewards to miners, reducing the rewards earned by miners to 3.125 bitcoins from 6.25

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Watch Softbank Closely

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🚨 🚨 SoftBank Group is considering a $100 billion investment to fund a new AI chip company

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World’s Largest Commercial Chip

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🚨 🚨 At 72 square inches, the Wafer Scale Engine 3, or WSE-3. is the largest commercial chip ever made. It has four trillion transistors, 50 times the computing power of the Nvidia’s H100

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The Nasdaq Drop Is A Good Thing

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🚨 🚨 The Nasdaq Drop Is A Good Thing Here’s Why: Meta, Microsoft, Amazon, and Google together are spending a fortune on AI infrastructure. Those four are expected to have combined fiscal-2024 capital spending of $178 billion, up more than 26% from a year earlier. Microsoft alone will see capex increase 53% this year, according to estimates tracked by FactSet. Spending will jump 31% at Alphabet, and 26% at Meta

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AI Investors Take Note

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🚨 🚨 AI Investors Take Note: Over time, more inference workloads will be handled on “edge devices.” The theory is that it’s cheaper, and more data-safe, to stay out of the cloud. “The center of gravity in inference is shifting from the cloud to the edge”

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JPY Bears Listen Up

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🇯🇵 🇯🇵 JPY Bears Listen Up: BOJ to raise rates again later this year – Reuters poll

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Make 30% From E-Commerce

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🚨 🚨 Morgan Stanley has upgraded an e-commerce platforn that has 30% upside from current levels and says that share gains “support confidence in the durability of growth against tempered consumer spending expectations”

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EUR/CHF: Buy On A Dip

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🚨 🚨 EUR/CHF: Buy On A Dip. CHF is the preferred funding currency given dovish SNB outlook. As such, bias remains to fade upside in CHF

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India: 8 Stocks To Buy

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🇮🇳 🇮🇳 8 stocks to buy as India’s huge election gets underway

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Israel Strikes

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🇮🇱 🇮🇱 BREAKING: This Os Why Markets Are Dropping: Israeli missiles have hit a site in Iran, a senior US official tells ABC News. This is believed to be the start of Israel’s retaliation for the attack launched by Iran this week

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