We have a lot of technology-related news this week. Hewlett Packard Enterprise partners with Nvidia to make high-end AI servers and further cement Nvidia’s position as the entrenched market leader. Peter Thiel invests $200MM in Polymarket. These prediction markets/betting platforms not only provide people an opportunity to bet on economic or political events; but also, … Read more
Inside Asian Gaming is reporting that Macau gross gaming revenue was up 19% in June. Some think that much of the increase was due to performances by Jacky Cheung. If so, that’s great. The government specifically asked the integrated resort concessionaires to increase non-gambling revenue. Looks like that’s happening. Information contained in this report, … Read more
This morning, authID ($AUID) announced an OEM relationship with Prove to Provide Deepfake‑Resistant Identity Verification Capabilities Globally and Defend Against AI‑Generated Fraud. I have calls in to company executives to get more information. As of now, I believe that this deal will result in revenue to $AUID based on Prove’s existing book of business. On … Read more
The Fed didn’t cut rates as expected, but the new dot plot and some hawkish comments by Chairman Powell caused the market concern. We explain the multiple reasons why DKI isn’t worried about Fed projections. The GENIUS act is heading towards approval and Americans are about to be introduced to the benefits of stablecoins. They … Read more
Lots of tariff-related non-news this week. The CPI was up by 0.1% which was far from the disaster predicted by fiat economists. Energy has been a tailwind and may become a headwind. Shelter may become a tailwind. Either way, prices of goods are not rising as feared. The press report on the jobs report is … Read more
