Hot chai. Cold facts. Zero chamchagiri.
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To every Indian trader, influencer, expert YouTuber, government-sponsored financial analyst, every chaatu Vishwaguru shouter, and every news channel that celebrated India's 7.8% growth.
THE NASDAQ JUST HIT AN ALL-TIME HIGH, BTW.
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GOOGLE JUST LAUNCHED PLAYGROUND. ANYONE CAN BUILD AND SHARE A VIDEO GAME BY TYPING A PROMPT.
NO CODING. BROWSER GAMES, 2D OR 3D, SHARED WITH A LINK.
ROBLOX FELL AS MUCH AS 8% BEFORE THE MARKET OPENED. UNITY ROSE AS MUCH AS 5%.
ROBLOX LAUNCHED ITS OWN PROMPT-TO-GAME TOOL IN JULY. THE MARKET'S QUESTION TODAY, WHO WINS WHEN GOOGLE SHOWS UP?
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UNION MINISTER ASHWINI VAISHNAW SAYS EUROPE INCREASINGLY SEES INDIA AS A MANUFACTURING AND INNOVATION HUB.
A UN TRADE BODY'S ANALYSIS BACKS HALF OF IT, INDIA IS EUROPE'S TOP EMERGING-MARKET DESTINATION FOR MANUFACTURING INVESTMENT.
FOREIGN INVESTORS SOLD ₹9,484 CRORE OF INDIAN SHARES IN ONE DAY ON OCT 1.
VAISHNAW IS TALKING ABOUT THE BUILDERS. THE MARKET IS TALKING ABOUT THE EXIT.
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THE US GOVERNMENT IS BUYING BACK ITS OWN DEBT TO STOP YIELDS RISING.
UP TO $6 BILLION THURSDAY. THAT'S 3X THE NORMAL SIZE.
THE 10-YEAR HIT 5.34% LAST THURSDAY ANYWAY. HIGHEST SINCE 2002.
WHEN A GOVERNMENT HAS TO BUY ITS OWN BONDS TO CALM THE MARKET, ASK WHO ELSE IS BUYING.
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ROCKSTAR JUST CONFIRMED THAT JASON CAN BE CAUGHT NAKED IN THE SHOWER.
IT'S ONE OF 35 NEW GTA 6 FEATURES. THE INTERNET IS TALKING ABOUT ONE.
ALSO ON THE LIST: NPCs REACT WHEN YOU FOLLOW THEM, AND POLICE TRACK WHETHER THEY RECOGNISE YOUR FACE.
THE INTERNET: THE SHOWER. ROCKSTAR: ALSO, COPS WHO REMEMBER YOU.
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To every rate cuts are coming analyst, every anchor shouting India is insulated, and every guru who said bonds are safe:
THE US 10-YEAR YIELD HIT 5.34% LAST THURSDAY. HIGHEST SINCE 2002, BTW.
UK 30-YEAR: ABOVE 6%, FIRST TIME SINCE 1998. FRANCE 10-YEAR: ALMOST 5%, HIGHEST IN NEARLY 25 YEARS.
AMERICA, BRITAIN, FRANCE AND JAPAN, ALL SELLING OFF AT ONCE.
INDIA'S RBI HIKED RATES TODAY. THE WORLD'S BORROWING BILL IS BEING RESET.
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RBI JUST HIKED INTEREST RATES.
FIRST TIME SINCE FEBRUARY 2023.
DECEMBER: RARE GOLDILOCKS PERIOD.
OCTOBER: REPO RATE UP TO 5.5%.
STANCE: CALIBRATED TIGHTENING. CUTS OFF THE TABLE.
THE ECONOMY GREW 7.8%. THE CENTRAL BANK IS TIGHTENING. BOTH CAN'T BE THE WHOLE STORY.
THE REASON: INFLATION AND OIL, FROM THE WEST ASIA WAR.
EVERYONE WHO CLAPPED FOR 7.8%: YOUR EMI MAY CLAP BACK
BREAKING | 🚨Reserve Bank of India (RBI) HIKES REPO RATE by 25 Basis Points
MPC votes unanimously to hike repo rate to 5.50%: RBI Governor Sanjay Malhotra
🔴 Track LIVE updates ⤵️
moneycontrol.com/news/busine…
#RBI #RepoRate #SanjayMalhotra
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ELON MUSK IS A TRILLIONAIRE AGAIN.
SUNDAY: HE RENAMES SPACEXAI TO SPACEXSI. ONE LETTER.
MONDAY: HIS NET WORTH JUMPS ABOUT $65 BILLION IN 24 HOURS.
HE LOST $750 BILLION OVER THE SUMMER, THE BIGGEST WEALTH WIPEOUT IN HISTORY, AND IS STILL NEARLY 3X RICHER THAN THE NO. 2.
MEANWHILE, YOU'RE STILL WAITING FOR YOUR APPRAISAL.
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CJP SAYS ITS 3 DEMANDS ARE NON-NEGOTIABLE. LOOK AT WHO HAS TO SAY YES, BTW.
1. CEC RESIGNS: ONLY HE DECIDES THAT. HIS REPLACEMENT IS THEN PICKED 2 TO 1 BY THE GOVERNMENT'S SIDE.
2. RESTORE THE JANUARY 2025 LIST: THE SUPREME COURT UPHELD SIR IN MARCH. THE OLD LIST ALSO BRINGS BACK 2.8 CRORE NAMES MARKED DEAD.
3. REPEAL THE 2023 LAW: THAT NEEDS PARLIAMENT. THE SAME PARLIAMENT THAT PASSED IT.
THEY TOOK DOWN A MINISTER IN JULY. THIS TIME ALL THREE LOCKS HAVE THE GOVERNMENT'S KEY.
The government may use every intimidation tactic, but we will not back down.
CJP stands firm on its three demands. They are NON-NEGOTIABLE:
1. Gyanesh Kumar must resign, and criminal proceedings must be initiated against him.
2. Freeze SIR, halt upcoming elections, restore the January 2025 voters list, and order an independent inquiry.
3. Repeal the 2023 ECI appointments law and establish an independent, credible selection process.
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ELEVENLABS WILL SPEND HUNDREDS OF MILLIONS IN INDIA, BTW.
INDIA IS ITS 2ND-BIGGEST MARKET, AFTER THE US.
THE PITCH: VOICE AI IN 14 INDIAN LANGUAGES, FOR CUSTOMER SUPPORT AND SALES.
INDIA'S BPO SECTOR EMPLOYS ABOUT 1.65 MILLION PEOPLE. ANALYSTS FORECAST ROUGHLY 1 MILLION BPO AND IT-OUTSOURCING JOBS ACROSS INDIA AND THE PHILIPPINES WILL BE IMPACTED BY 2030.
THE CEO CALLS IT MOVING UP, ASK THE 1.65 MILLION IF THEY AGREE.
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THE ELECTION COMMISSION HAS DELETED 13.3 CRORE NAMES FROM DRAFT VOTER LISTS. BTW
MORE THAN THE POPULATION OF MEXICO.
2.8 CRORE WERE DEAD. 1 CRORE WERE DUPLICATES. ABOUT 9.5 CRORE WERE ABSENT, SHIFTED OR OTHER.
IN BIHAR, 65 LAKH WERE DELETED. ABOUT 3 LAKH GOT BACK IN.
HOW MANY OF THE 9.5 CRORE ARE LIVING VOTERS WHO JUST MISSED A FORM? ASK THE EC.
JUST IN: India removes more than 130 million names from its voter rolls — more than the population of Mexico.
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Norway wants smart glasses banned from beaches, gyms, schools and hospitals.
Read that list again. Places where people are undressed, sick, or small.
Sydney's councils want them out of pools and childcare centres. UK cinemas and pubs already showed them the door.
Tech's pitch: a camera on your face, for your convenience.
The world's reply: not near my kids.
JUST IN: Australia, Britain, & Norway are moving to ban smart glasses in public settings over privacy concerns.
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Hollywood had 5 big studios this morning. It has 4 tonight.
Paramount just bought Warner Bros. for $110 billion and renamed the pile Sky-dance.
One boardroom now owns Harry Potter, DC, SpongeBob, Game of Thrones, HBO, CBS and CNN.
Netflix walked away. Twelve states and the Writers Guild sued, then settled.
Your streaming bill is not about to go down.
Warner Bros and Paramount have officially merged.
DC Studios, Nickelodeon, Cartoon Network, CNN, CBS, HBO and Paramount+ are now all under the same company.
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To every anchor screaming WALL STREET AT RECORD HIGHS, every finfluencer calling it a bull market, and every uncle who thinks America's rally is his SIP's rally:
THE S&P 500 IS WITHIN 1% OF A RECORD, BTW.
NVIDIA, APPLE AND MICROSOFT ARE ABOUT 21% OF IT. THE TOP TEN, ABOUT 38%.
ONLY ENERGY AND TECH ARE UP DOUBLE DIGITS THIS YEAR.
THAT'S NOT A MARKET. THAT'S A FAN CLUB WITH A TICKER
MEANWHILE THE SENSEX IS 2% ABOVE ITS ONE-YEAR LOW
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What if Gyanesh Kumar resigns today? Here's the timeline nobody on your TV debate will give you:
Step 1: He writes to the President. The Commission doesn't collapse. Sandhu and Joshi carry on.
Step 2: A selection committee picks the next CEC: the PM, a Cabinet minister the PM nominates, and Rahul Gandhi. Two votes against one.
Step 3: The protesters get their resignation. The government gets to choose the replacement.
He retires in January 2029 anyway. The big demand is basically 27 months of early retirement. Change the face. Keep the committee. ☕
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AN IRAN-LINKED AGENCY SAYS SAUDI ARABIA'S BIGGEST OIL FIELD IS ON FIRE, BTW.
NO ARAMCO STATEMENT. NO MAJOR WIRE CONFIRMATION. JUST A HEADLINE
OIL TO $150?
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To every anchor already calling it nautanki, every spokesperson typing drama, and every officer who signed off on the barricades:
237 ELECTED MPs WALKED FROM PARLIAMENT TO THE ELECTION COMMISSION TODAY. THEY DIDN'T GET A MEETING. THEY GOT POLICE BUSES.
THE LEADER OF THE OPPOSITION WAS DETAINED ON HIS WAY TO A CONSTITUTIONAL BODY.
IF 237 MPs CAN'T GET AN APPOINTMENT, WHAT CHANCE DOES ONE DELETED VOTER HAVE?
#RaGa
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To every anchor screaming BULLS ARE BACK, every finfluencer posting rocket emojis, and every buy the dip guru who has been buying since Nifty 26,000
THE SENSEX IS UP 350 POINTS TODAY, BTW.
IT IS STILL JUST 2% ABOVE ITS ONE-YEAR LOW AND 5,500 POINTS BELOW ITS 200-DAY AVERAGE.
TWO GREEN DAYS AFTER EIGHT RED WEEKS IS NOT A RALLY. IT'S A CHAI BREAK
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OPENAI IS FINALLY WATERMARKING CHATGPT TEXT, ONLY IN EUROPE.
ONLY BECAUSE THE LAW FORCED IT.
CHANGE 1 IN 4 WORDS AND DETECTION DROPS TO 17%.
AND YOU CAN'T EVEN USE THE DETECTOR. IT'S FOR APPROVED RESEARCHERS ONLY.
We're expanding our approach to content provenance to include text in response to EU regulatory requirements, while recognizing the significant limitations of current text watermarking technology.
Our tools already help verify whether an image or audio file was created with our models. This work builds on those efforts to help people better understand when content may have been generated or edited with an OpenAI model.
In the EU, we’ll start watermarking eligible text from ChatGPT and Codex over the coming weeks to comply with the EU AI Act.
Customers using our API can turn on text watermarking for select models worldwide today.
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To every markets reflect the economy professor, every fundamentals guru, and every anchor explaining this rally with a straight face:
THE NASDAQ IS UP 1% AND THE NASDAQ 100 JUST HIT A RECORD, BTW.
THE REASON? AMERICA ADDED ONLY 29,000 JOBS LAST MONTH.
BAD NEWS FOR WORKERS. CHAMPAGNE ON WALL STREET.
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