JENSEN TO AI DOOMERS: “ENOUGH PREDICTIONS” Huang on Ezra Klein: catastrophic AI forecasts “aren’t scientific,” even when they come from scientists. Called Hinton-style 10–20% collapse odds ungrounded and “hurtful.” Said alarmism can scare kids out of college and that doomers’ track record is “literally horrible.” Of course he’s saying this. Nvidia’s entire business is the exponential buildout those warnings keep trying to slow. Optimism isn’t just a worldview when you sell the picks and shovels for the boom. Doesn’t mean every doom take is serious. Doesn’t mean the guy with the most to gain from “full speed ahead” is the neutral referee either.

RETAIL INVESTORS ARE GOING ALL-IN LONG ON $SPCX, BUT A BRUTAL CRASH BACK TO IPO LEVELS IS INEVITABLE I love watching retail traders turn aggressively bullish on a stock where, fundamentally, virtually nothing has changed on a macro scale. These long positions are being driven solely by Elon Musk’s announcement about an upcoming rocket launch. Yet the threat of insider dumping, the very catalyst that recently crushed the stock well below its IPO price, hasn't gone anywhere. Guess what happens as the next lockup expiration date approaches? A direct slide right back to the IPO price. 👉 Quick Digest: The stock rallied 5% over the past week. Nvidia Orbital AI Deal: SpaceX is partnering exclusively with Nvidia to deploy redesigned NVL72 hardware into orbit via its upcoming Starmind satellites, aiming to make space the cheapest destination for AI compute. Cantor on Rocket Lab: Cantor Fitzgerald reaffirmed that $RKLB remains an attractive entry point, noting its Neutron rocket could emerge as the only viable rival to the Falcon 9. Launch Date Rally: $SPCX surged nearly 6% today, crossing back above $150 after SpaceX slated Starship’s 14th flight and first-ever orbital test for September 22. Nasdaq-100 Rebalance: Following Monday’s quarterly rebalance, SpaceX’s weighting in the Nasdaq-100 will more than double from roughly 1.28% to 2.82%.

DIESEL JUST BECAME A MACRO PROBLEM 🛢️ The White House is now considering multiple ways to bring diesel prices down: → suspend diesel taxes → ease fuel-blend restrictions → potentially restrict diesel exports → pressure refiners to voluntarily cut exports That’s not a normal fuel-market response. It tells you how serious the price shock has become. The weird part: cutting exports can lower US prices, but it also tightens global diesel supply. So the policy can help US consumers while pushing the shock elsewhere. And if diesel stays expensive, the next problem is inflation. Trucks, farming, construction, logistics — diesel touches almost everything. It is symbolic that this news is breaking right around the same time as claims of successful progress in US–Iran negotiations. Talking about successful talks while simultaneously pushing radical measures to preserve domestic reserves just doesn't add up. It looks like the White House doesn't put much faith in the success of these negotiations either, if they are happening at all, considering Iran called it fake news. Either way, it's logical to expect another spike in Brent and a fresh wave of risk-off sentiment across the market. A bad sign for equities and BTC.

BITCOIN JUST SMASHED A MAJOR RESISTANCE LINE — MASSIVE ATH BREAKOUT OR DEAD CAT BOUNCE?! BTC has successfully broken through one of its key long-term resistance levels. The crucial move now is confirming a solid hold above $86k. 🟢 Last time this trendline broke, it paved the way for a brand-new ATH 🔴 If we drop back below, we risk triggering another cascading sell-off