Eddie Donmez’s Post

In Case You Missed It: The World’s Most Valuable Company Microsoft Has Just Signed The Biggest Clean Energy Deal In History 🤯 Microsoft has signed a major long-term deal with Brookfield Asset Management ($900 billion AUM) to develop renewable energy power capacity in the U.S. & Europe between 2026 and 2030. The $10+ billion deal will see Brookfield supply Microsoft with an eye-watering 10.5 gigawatts of clean energy to power AI data centres & cloud computing. This is a huge deal. In fact, it’s 8x larger than the previous biggest corporate renewable electricity purchase agreement. And will nearly double Microsoft’s renewable energy capacity. Chairman at Brookfield, Mark Carney, perhaps said it best: “The AI revolution powered by clean energy”. AI 🤝 Clean Energy Huge.

BREAKING: The World's Biggest Bank, J.P. Morgan, Unveils 'IndexGPT' — AI Powered Thematic Investment Baskets 🤯 Last year, amidst the wild hype around ChatGPT, J.P. Morgan filed a trademark for 'IndexGPT'. It mentioned “cloud computing software using artificial intelligence” for “analyzing and selecting securities tailored to customer needs”. But now according to Bloomberg, they are finally unveiling the product. So, what does it do? IndexGPT basically uses AI to identify investments that are associated with a given trend or 'theme' and creates investment baskets. According to the BBG article here's roughly how it works: Generates keywords associated with the theme --> Fed into a Natural Language Processing model --> Scans news articles etc --> Identifies companies associated with that theme --> Selects financial securities & creates thematic baskets According to CEO Jamie Dimon, JPM now employees in excess of 2,000 people working on AI. One thing is clear, banks are betting BIG on AI and rightly so. AI.

Wow: Google Paid Apple An Eye-Watering $20 BILLION Just To Be The Default Search Engine On Safari 🤯 Unsealed court documents revealed that payments reached $20 billion in 2022 according to Bloomberg. Remarkable.

Incredible: Markets Are Now Currently Pricing A 27% Probability of ZERO Rate Cuts In 2024 🤯 That's up from just 2% one month ago. A pretty dramatic shift in market expectations. With inflation remaining elevated, the Federal Reserve is widely expected to keep rates unchanged at 5.25% - 5.5% later today. Over to you Mr Powell.

In Case You Missed It: Elon Musk's Tesla Has Won Preliminary Approval To Roll Out 'Fully Self Driving' Technology In China 🤯 After a surprise visit to Beijing, Musk has reportedly received a big green light from Chinese officials. This clears a significant regulatory hurdle in Tesla's second most important market behind the U.S. Why is this a big deal? Despite an extremely challenging start to the year (shares down ~30% YTD). The mass adoption of FSD represents the next big opportunity (and challenge) for the long-term Tesla growth story. Mass adoption of FSD would enable Tesla to capture software-like margins (vs the current 17-20% gross margins on vehicles). This could be achieved via purchases of FSD within Tesla vehicles. Or licensing the software to other automakers. *Or via a potential 'robo-taxi' fleet in the future* And they are making progress... Tesla recently surpassed 1 billion miles driven using FSD. Quite remarkably, this figure was at ~700,000 just ~6 months ago. Clearly a big growth metric that they are focusing on. Musk claims that Tesla will spend as much as $10 billion on AI this year to power this technology. Tesla shares are up ~10% in pre-market on this news. Catalyst. Creative Capital

Insane: U.S. Interest Payments Will Hit $1.7 TRILLION By April 2025 🤯 Interest payments on the US’s $34 trillion debt are already above $1 trillion today. But assuming rates stay where they are, this figure will hit $1.7 trillion by next April. Parabolic.