Founder and editor of The Felder Report: https://thefelderreport.com
Jesse Felder
Loading...
‘Investors are finally waking up to the “instability of the narrow/concentrated market’s AI leadership,” Nomura’s Charlie McElligott told clients. “We almost certainly CANNOT resume making new highs without the Mag7 Hyperscalers doing the heavy lifting.”’ www.marketwatch.com/story/big-te...
‘The tech rally hides a fragile US consumer, traditionally the engine of US growth. If the AI bubble bursts, household spending can’t save the economy or the stock market.‘ www.man.com/insights/vie...
‘Outside the post-pandemic shock, the NFIB’s index of prices is its highest since 1981. Historically, this has led inflation inflection points by nine months. That currently suggests that a reacceleration is underway.’ www.bloomberg.com/opinion/news...
‘The United States is cashing out its insurance policy in order to maintain the illusion of abundance. But the abundance illusion has not changed the underlying physics. It has simply compressed the timeline for when the physics reasserts itself.’ www.carlyle.com/carlyle-comp...
‘The growing influence of affluent consumers on the price-setting process helps explain why inflation has remained above target. We see clear evidence that asset inflation is influencing consumer behavior and corporate pricing decisions.’ www.palmvalleycapital.com/post/don-t-f...
‘The tech boom obscures the Iran war’s market impact. Excluding the chip-rich South Korea and Taiwan, and for the US excluding tech from the S&P 500, equity markets are down since Feb. 27, the last day of trading before war broke out.’ www.bloomberg.com/opinion/news... by @johnauthers.bsky.social
‘Charging users for subscriptions is Meta Platforms’ latest bid to build a business outside advertising. The company badly needs it to work, but its chances don’t look great.’ www.wsj.com/tech/ai/meta...
‘SpaceX's biggest addressable market, it says, is AI. A recent report from finance startup Ramp showed that more than 30% of its business customers were paying for Anthropic's and OpenAI's AI services in April, while xAI's adoption remained around 5%.’ www.reuters.com/business/med...
‘In a pitch to private investors, Elon Musk once predicted that Twitter would quintuple its revenue to more than $26B. Instead, the social media platform’s ad revenue plunged 65% last year. And it was ultimately folded into SpaceX this year.’ www.nytimes.com/2026/06/11/t...
‘This prospect of a price war is deeply uncomfortable for “hyperscaling” tech giants. The cost their of their wild infrastructure spending keeps rising so any threat to OpenAI and Anthropic profits (and thereby their own ability to keep spending) is troubling.’ www.bloomberg.com/opinion/arti...
Jesse Felder
Jesse Felder
Jesse Felder
Jesse Felder
Jesse Felder
Jesse Felder
Jesse Felder
Jesse Felder
Jesse Felder
Jesse Felder
<June 11, 2026>For nine consecutive weeks, we’ve turned on our computers each morning to find the same headline preparing investors for higher equity prices.With stock valuations already at nosebleed ...
Things change fast in artificial intelligence. One minute corporate desk jockeys are competing to use AI coding and reasoning tools as much as possible, the next their bosses are complaining about bud...
