因为9月Tricolor，以及后面一系列情况把卖Vol的打止损了 CDS的坑是投行neg gamma砸出来的，不完全归因市场看空科技公司信用 CDS和股票走势分离，其实相对让人更加放心 CDS spread很窄、股票连续涨才需要担心。这种情况市场弹性很差，一跌就砸割大的

“According to data from Wood Mackenzie, by 2030 SMRs should generate power at $182 per megawatt hour compared with $133 per megawatt hour for conventional nuclear. Natural gas is expected to sit at $126 per megawatt hour, while onshore wind and solar, backed up by battery, are projected to be around one-third less expensive.”

could you please elaborate? Confirmed supplier to the Google TPU ecosystem?

对呀 很多人被搞到破产 从MT4那些外汇，原油，期货到现在的B圈。内地人一看到HK交易所就觉得高大上，也不知道是不是合规。 以上内容，本人亲身经历或者周边朋友经历。 好吧，还有现在的保险佬，卖房佬很多不是正经生意人。港府呵呵了。

When it rains it pours. Amidst a barrage of AI skepticisms starting with the “OpenAI seeking govt bailout” stories, we now have news that the Chinese are all so good at making efficient models that what costs American labs hundreds of billions to do only costs $4.6M in China. 🤪

If you take 2026 capex, and compare it to what each would be spending if capital intensity remained flat with the average pre-AI, it's around $292.9B extra. That's not entirely right tho, because a portion of GP growth is from AI capex. I estimate around $100B but who knows.

觉得账面亏钱就卸载IB，然后过半年再装回来 怕什么？买的又不是山寨币。都业绩暴增、都在喊缺货 政治的事情我确实不懂，但是其实都是WWE，都是一场戏 我去年底逃跑，今年最大失误就是4月没敢抄底，没看透TACO。加仓的时候所幸Intc 这些还没涨 现在政府关门看看就好，我们都是观众，坐好，别入戏

They just want to shake you out and get your equity if you understand their L/S positions. There wasn't a better opportunity than this week to FUD you guys out with 3 great negative catalysts(OpenAI concern + Fed Hawkish + Gov shutdown) Don't panic.

Last peak week of the Q3 earnings season ahead with 2,700+ companies set to report. Some notables this week include newly IPO'd companies: $ETOR, $GEMI, $BRCB, $VIA, $STUB, $FIGR, and $LGN. Also watch for: $TCEHY, $BABA (currently unconfirmed as of Nov. 7), $CSCO, $AMAT, $DIS, $SE, $BN, $JD, $OXY, $VOD, $BAP, $TME, $RGTI and many more. #earnings #stockmarket #ipos #investing #trading

TRUE Humanoids at home and real world are at least 5-7 years away If Tesla can shorten that timeline, then they will win big

Nope - Only Bytedance from China has shown meaningful progress on long-horizon tasks and multi-agent RL systems. - In US, OpenAI and Google have shown lots of progress in that area. - The OG o3, which got 73% on ARC AGI 1, was running on 20K H100s. - OpenAI used the outputs from the OG o3 to create the o3 that was publicly available - The distilled model was not that great, but they solved that problem with GPT-5 Pro - GPT 5 Pro can run for 45 minutes to solve a single query and is approaching the OG o3 scores at 1/10th cost. - OpenAI has publicly stated that their AI research intern will run 100s of thousands of GPUs (it will be a system of agents) - Chinese startups don't have the money to afford this kind of compute

I toured the Xiaomi factory in Beijing last week and they were dogging on Porsche even then the factory is so roboticized they've ~4x'd Porsche's daily production on 1/3 of the worker count despite this NEV competition compresses margins like crazy. hence the low sticker price

Shorting Xiaomi Is Consensus Among Hedge Funds, Goldman Says Hedge funds are increasing bearish bets on Xiaomi Corp. ahead of its earnings, with short interest in Goldman Sachs’s prime book jumping 53% over the past week, according to a Wednesday note from the bank’s sales desk. The note said selling by pension and hedge funds has intensified over the past two weeks, with feedback suggesting Xiaomi is “a consensus short/sell at least in the short term due to a lack of catalysts.” Safety concerns, factory delays, and weak demand for its electric vehicles despite promotions are dampening sentiment. Goldman analysts also cut their price target by over 10%, citing margin pressure from rising memory chip costs. Xiaomi is set to report third-quarter earnings on Nov. 18, with revenue expected to rise 23% year-on-year, data showed. #XIAOMI $XIACY mktnews.com/flashDetail.html…

Overnight borrowing rates have settled out at a more normal level following the month-end pressures last week. Standing repo facility usage was nil for the second straight day, and repo rates are now back in the same range the Fed has set for its benchmark fed-funds rate.

$GOOGL TPU v7 Ironwood liquid cooling.

$GOOGL is rolling out Ironwood, its most powerful TPU yet, competing with $NVDA AI chip. Google's Ironwood (7th-gen TPU) is 4x faster than the prior version and can scale up to 9,216 chips in a pod to run massive AI models without bottlenecks.