I read the Brookings paper everyone is quoting. The $10.3T AI boom is real, but the paper is not the victory lap people think it is. My biggest concern isn't the boom. It's the king.

BREAKING: Jim Cramer declares sellers have been “cleaned out” as AI & tech stocks rally following last week's selloff.

So, 800k thousand jobs were fake.

Elon Musk says he plans to give every child in America one share of SpaceX stock in 2027, a giveaway that could exceed $10.5 billion; he called it “the first of many.”

JUST IN: US jobs reports have been revised lower in 16 of 20 months, erasing 793,000 jobs

Can someone explain to me why buy $QQQM instead of $QQQ ???

JUST IN: 🇺🇸 American boomers over 75 years old now have 15 times the median household wealth of Gen Z and Millennials.

JUST IN: 🇺🇸 Majority of California students cannot read or do math at grade level, new test scores reveal.

JUST IN: Elon Musk predicts SpaceX will reach a $100 trillion market cap in 10 years

Why doesn’t $TSLA already build a competitor to Amazon? They have the manufacturing capabilities worldwide. They have the ability to make transport vehicle vehicles. They have the AI to go from point A to point B. They have a global supply chain that’s the most robust in the world. They already have an iconic brand that consumers would recognize easily. They have some of the top talent of workers that cover a wide range of different jobs and skills. They have an extremely resilient construction team that is able to construct buildings, fast, efficiently, and cost-effective. I truly think that this is something that Tesla should consider as part of their business model. Add Robotaxi into the equation and you got a delivery workforce that is about to grow immensely. Add in the Tesla robot and you got your labor force.

The average Canadian expects to buy their first home at the age of 41, per FP

Would be a smart idea for $TSLA to make this become a reality.

BREAKING: A Tesla–SpaceX merger could be announced before Tesla’s annual meeting in early December, per Barclays. The most likely structure: SpaceX acquires Tesla in an all-stock deal, with Tesla shareholders getting about 0.7 SpaceX shares per Tesla share, plus a likely premium. Barclays says Musk would own about 37% of the combined company, with roughly 56% of the voting power.

I'm a bull on this merger. I'm a bull on $TSLA and $SPCX before it, and I'd be a bull on the combined company after it. Rockets, Starlink, AI, EVs, energy under one roof is the endgame. But the 0.7 ratio making the rounds is fantasy math at today's prices. $SPCX trades around $152. $TSLA trades around $363. 0.7 shares gets a Tesla holder about $106 for a $363 stock. Value neutral today is closer to 2.4 shares. Do the ownership math and it tells the real story. At 0.7, Tesla holders end up with about 17% of the combined company while contributing about 42% of its value. That gap is the whole negotiation. The deal happens eventually, in my opinion. The December timeline is the part I'm skeptical of. Musk sits on both sides of the table and both shareholder bases get a vote. Watch the percentage Tesla holders actually get, not the ratio headline. And whatever you do, never be a long-term short of anything Elon runs 🚀

Well life just got a little bit more interesting now…

15% down in a week for $SPCX. 👀

Biden DOJ collected information on 639,000 Trump supporters, per Fox.

Trump on higher oil prices: This is a very small price to pay.

Over $1 trillion in value was wiped from the US stock market today.

BREAKING: Iran told regional diplomats that a new US attack against Iran is "imminent," and that they are "100% certain" it will happen, per i24. "The atmosphere in Tehran is such that people feel the bombings are going to resume in the short term," the diplomats say.

I don't know what's holding up Bitcoin. With the Democrats about to take Congress and rising inflation and bond yields pricking asset bubbles, the price should be a lot lower by now. Sell your Bitcoin before the bottom drops out of the market and buy gold! schiffgold.com