It's been a very tumultuous week in the markets with a $2 trillion drop in the S&P 500, set against surprisingly optimistic earnings from tech giants like Microsoft and NVIDIA.
We explain why CapEx concerns are the likely culprit for the downturn, and the downstream effects on the health of the AI bubble.
Plus, a whole bunch of news with Anthropic, OpenAI, SpaceX, and how an AI agent might try to rent YOU out.
------
🌌 LIMITLESS HQ ⬇️
NEWSLETTER: https://limitlessft.substack.com/
FOLLOW ON X: https://x.com/LimitlessFT
SPOTIFY: https://open.spotify.com/show/5oV29YUL8AzzwXkxEXlRMQ
APPLE: https://podcasts.apple.com/us/podcast/limitless-podcast/id1813210890
RSS FEED: https://limitlessft.substack.com/
------
TIMESTAMPS
0:05 One of Those Weeks
2:40 CapEx Concerns
5:43 Market Reactions to AI
9:51 Anthropic vs. OpenAI
13:34 OpenAI's Competitive Edge
16:45 SpaceX Update
18:52 Dystopia
23:59 Sci-Fi Innovations
27:19 AI in the Real World
31:22 Coming Soon
------
RESOURCES
Josh: https://x.com/JoshKale
Ejaaz: https://x.com/cryptopunk7213
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
