Steve Hou
@stevehou0
Quant Research @Bloomberg, opinions my own. Perpetually curious, but also "incredibly unsophisticated" (according to Chamath Palihapitiya).
🚨 The webinar is actually on Wed, July 23, at 2:45 pm - 3:15 pm EST [Sorry I got the time wrong before. Classic.] Register here: online.moneyshow.com/2025/july/accr…
Excited to speak at MoneyShow’s Virtual Expo next Thu, July 24 @ 1:30 pm ET! I’ll present “The Reformers: an earnings inflection strategy ” -- how beaten-down, money-losing companies can turn into big winners. 😄 Register free → bloom.bg/4lTLOWx
X makes you young and healthy!
1. Do you tend to get sick a lot? 2. Do you feel like you've aged worse than other people in your age cohort?
mission creep or the mission?
Anyone wants to let Comet trade stonks for them?
"By age 55, most are past their prime earning years, according to analysis of 110 million ADP payrolls or more than 13 million jobs. It found that median earnings peak at $97,600 for workers aged 45 to 54 years old and then taper from there." h/t: @atanzi
"150 AI researchers with enough funding behind them can create an OpenAI". This one-liner explains why SOTA foundational models won't be commoditized. The (human and financial) capital intensive nature of AI industry means it will be oligopolistic. Question is if it will be…
$NVDA's Jensen explaining why Zuck's strategy of poaching top AI talent and paying them +$100M makes sense. "150 AI researchers with enough funding behind them can create an OpenAI".
How much of the "slow hiring" and high continuing claims despite a seemingly tight labor market is attributable to AI? It seems most are either assuming zero or a tremendous amount, neither of which feels quite right to me.
ServiceNow CEO: slowing hiring in "soul crushing jobs" due to AI. $now
"Donald Trump will visit the Federal Reserve Thursday to tour the construction site he’s criticized for cost overruns." I think President Trump just misses his real estate roots. Can we contract the refurnishing project to the Trump Org?
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SCOOP: As part of its turnaround effort, Intel has partnered with Sydney Sweeney on a new custom AI chip (SS-100). More details to come.
“Feverish retail buying is leading to one of the largest quant drawdowns in years…”, and yet there was no such similar drawdown in 2021? Remember ARKK, GME, AMC and WallStreetBets?
Feverish retail buying is leading to one of the largest quant drawdowns in years…
Handshake deals are better than legally binding trade agreements imho. They are flexible and changeable in case either party changes their minds.
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Just earlier today, I posted an article on what recent alternative data was saying about $GOOGL's GCP, showing strong signs of adoption growth. In the report there is more data on $AMZN's AWS & $MSFT Azure. I highly recommend giving it a read. Cloud providers are accelerating.
“unpopular technology that is struggling to find a use case” Haven’t seen a post from Doctor Giggleballs in a long time since we don’t follow each other. He’s still doing this nonsense? Ofc AI investments are expensive and risky. We don’t know what the future payoff is going…
People that compare current AI spend to $AMZN AWS are mouth breathing knuckle draggers. Not even close to the same thing. In 1Q06 (the farthest back I found data), nearly A DECADE before AWS became profitable, $AMZN had capital expenses of $46M. Their revenue? $2.28B. So…