Pilane Capital

All 👀 are still on the Fed next week and what their decision is on interest rates.

A rate cut would be a boost for the tech trade and for stocks more generally.

“It is still too early to count on AI benefits as most [companies] remain in pilot mode, and material AI [revenue] is more likely a 2025-26 event”

Brent Thill, Jefferies analyst

NEW SUBSTACK!

The assassination attempt, the outage, and the decline in global stocks Insights to help you outperform Wall Street

NEW SUBSTACK!

Goldman Sachs issues warning over AI exuberance Insights to help you outperform Wall Street

Tech just keeps going higher

Here’s a newsflash for you

As per the Wall Street Journal, Apple $AAPL and Facebook’s parent company Meta $META are in talks around a similar partnership that the iPhone maker struck with with OpenAI to bring ChatGPT into the revamped version of Siri.

Elon Musk on Apple’s $AAPL ChatGPT integration: “an unacceptable security violation”.

“If Apple integrates OpenAI at the OS level, then Apple devices will be banned at my companies. That is an unacceptable security violation. And visitors will have to check their Apple devices at the door, where they will be stored in a Faraday cage”.

Reaction to Musk’s comments included requests that he creates a new smart phone powered by Starlink

Apple $AAPL CEO Tim Cook announces ‘Apple Intelligence’ at WWDC 2024.

This is Apple’s brand new AI system available for free on the iPhone 15 Pro as well as on iPads and Macs with an M1 chip and later.

It was also announced that Siri is getting an AI upgrade by integrating with OpenAI’s ChatGPT-4o chatbot.

Siri will be able to determine whether a query would be better suited to ChatGPT and will ask for your permission before sending its request to the OpenAI tech.

You will be able to use ChatGPT through Siri for free and without having to register an account.

The California State Teachers’ Retirement System (CalSTRS) Chief Investment Officer Chris Ailman said he will vote against Elon Musk’s pay package at Tesla $TSLA.

If you can decipher what those who control the direction of the stock market are about to do next, you’re on the fast-track to winning.

This week is about the June Federal Reserve meeting and a key inflation reading on Wednesday.

There’s also the consumer sentiment number for June on Friday.

Nvidia's $NVDA 10-for-1 stock split will also make headlines.

Get ready.

NEW SUBSTACK!

It’s official: Apple has entered the AI arms race The most influential news stories of the week influencing the tech trade

NEW SUBSTACK!

Warren Buffet holds record $189 billion in cash Thank you to our partners. Comprehensive stock market insights with a 14-day trial and a 30-day money-back guarantee after your trial ends. Start your free trial. Say farewell to crypto security concerns. With the Trezor Safe 3, you’re covered. Shop now

NEW SUBSTACK!

NVIDIA tanked 10% this week, here's what to do about it Disclaimer: D J Thomas has positions in stocks mentioned in this article Wondering if you should’ve sold your NVIDIA (NASDAQ: NVDA) position, or at least trimmed it after reading the headlines this week? Then you’ll love my all-time favourite investing strategy.

Interesting customer data on the flow of VC funding in the UK

Look after your energy by saying goodbye to things/people that do not make you happy

Confirmation that inflation is still very much alive

S&P 500 closing above 5000 for the first time ever.

Was it ever in doubt?

Some thoughts on the price of

One of the best ways of preserving your mental health is to practise not feeling guilty when saying no.

I challenge you to say no today.

Stay aware of current threats to the financial system.

$NVIDIA has had an impressive 45% run since the start of the year

Despite what your upbringing will have taught you, winning is everything.

Cloudflare $NET results:

EPS: 15 cents v 12 cents expected

Revenue: $362.5 mln v $353.1 mln expected.

Guidance is for 13 cents in adjusted net EPS on $372.5 mln to $373.5 mln in revenue in the first quarter.

Expectations were for 12 cents in EPS and revenue of $372.3 mln.

$ARM posting an impressive jump in price after results of adjusted EPS of 29 cents, v an estimate of 25 cents.

Revenue rose 14% to $824 million v $761 million average estimate.

Arm has projected EPS of between 28 cents and 32 cents on sales of $850 million to $900 million v 21 cents per share on sales of $780 million.

Tech is still driving the growth train

Are you holding ?

It’s February so I’m just checking in that you’re still on your purpose and you’re still committed to your mission.

Stop giving away your time freely to other people and start the thing you’ve wanted to start.

Commit to doing a little bit of it everyday, oh, and ditch the guilt: it’s time to think about you.

PayPal beats expectations on earnings and revenue.

A step in the right direction.