You can’t tell me Asia is struggling yet US companies are going to be posting record profits.
Even AI data center components require materials from Middle East and shipped on boats from Asia. If they cant afford or access gas we’re fucked.
Most of these data centers also in EU. If it cost more to generate memes, what happens to earnings… Fed can print all they want, until they find a magic camel to suck up oil faster, hold on to your butts
Disclosure:
Young oil Barron in the making.
370c LNG
51p NKE
https://i.redd.it/tj6wzuhgznrg1.jpeg
Posted by Routine-Phrase457
8 Comments
If You buy now, and it’ll be a good Christmas.
When the SPY is down 9% im down 50%, but when the SPY is up 10% im up 6%
I’m just waiting for people to realize there is not nearly enough demand to justify the data center buildup, and the building that is happening is done using loans collateralized with rapidly depreciating assets.
This is going to be as pleasant as squatting over bed posts.
Companies might beat earnings but outlook will be grim. Calls on the word “headwinds” 😂
Your holes?
>Even AI data center components require materials from Middle East and shipped on boats from Asia.
pure retardium.
gpus/cpus/hbm/etc already cost so much that a 1000% increase in shipping doesn’t impact their prices.
and dc components don’t need anything from the ME. what?
So you’re the one responsible for killing everyone’s stonks? Get him, guys!
Its gonna be so cooked when AI companies find out there electric bill next quarter