if you’re a smart investor according to
Mark zuker you’d be patient that’s
essentially what he asked for last night
so patient that the stock market decided
now you’re taking a bath son down 13%
$170 billion worth of equity value wiped
out because he wants to spend so much
more on the lab’s business which is
about Hardware which is about the future
of AI rather than delivering now and the
market is not happy about it by the way
there’s a slow down in the USA you’re
looking at GDP being the slowest in 2
years 1.6% and inflation underlying
inflation spiking Higher by 3.7% that is
wreaking havoc with the bond market
which is trying to get its last Bond
auction away so yields are up over 5% on
two-year paper and ratcheting higher on
tens no Houston we don’t have an
inflation problem look at this Anglo
American up 13% in the UK who is
anglo-american they’ve got lots of
copper and that’s what BHP buletin want
to pay 39 billion for they want to get
their hands on anglo-american it’s all
about the copper for your AI future