Martin.hood

The big tech are actually very interested in blockchain-it offers lightning-fast order execution, ultra-low fees, and a host of other advantages, such as zero downtime. A higher valuation is possible.

Hmm

Interesting

🚨 CHINA'S AI BUBBLE IS BURSTING Almost ¥23.5 TRILLION has been wiped out from the Chinese stock market from its 2026 peak, as it has entered bear market territory. And AI is taking the biggest hit. China's STAR50 index has crashed 40% in less than four months, wiping out ¥3.2 Trillion. Some of the biggest AI stocks have suffered even worse losses: • Unitree: Down nearly 50%. • CXMT: Down over 25% in a month. • Zhongji Innolight and Eoptolink: Down around 60%. But why is China's AI market collapsing? 1. Extreme valuations: AI stocks have become so expensive that even strong future growth can't justify their prices. 2. Weakening confidence in AI demand: Investors are questioning whether companies can generate enough profits from the massive spending on AI. 3. US restrictions: Fears of new restrictions on Chinese technology entering American data centers are hurting chipmakers and suppliers. 4. Speculative buying: According to Goldman Sachs, AI stocks accounted for 57% of trading activity across the Chinese markets it examined, leaving investors heavily exposed when selling began. And here's what's really shocking. Even after the crash, China's STAR50 trades at roughly 100 times earnings, compared with around 30 times for the Nasdaq 100. This means that the Chinese stock market crash may not be over yet, and there's still more pain ahead.

As someone who has personally spent $500k / mo+ on Google Ads for years, I can tell you with certainty: This revenue growth in Search is artificial & extremely unhealthy for Google’s business long term Search volumes are declining as legacy search is being increasingly cannibalized by non-monetized LLM queries Google’s response? Manufacture revenue growth via short-sighted, highly extractive, customer-hostile tactics. I.e. charge advertisers more for lower quality clicks, including clicks they do not want and explicitly did not approve Google to charge them for A few examples to illustrate: For all of its history until recently, Google operated on a 2nd price auction model I.e. if you bid $5 CPC and the next highest bidder bids $1 CPC, Google charged you $1.01 for the click (one penny more than the 2nd highest bidder) rather than the $5 you bid This was a genius move by Google early on as it incentivizes advertisers to input their true maximum willingness to pay rather than trying to play the game of bidding low and constantly adjusting to try to stay just ahead of the next highest bidder while still not paying too much However recently, Google silently deprecated the 2nd price auction and began charging advertisers as much as their bid and budget caps allow, regardless of what anyone else is bidding It’s a short-sighted cash grab at the expense of the long term health of the advertiser ecosystem Making thing worse, Google also recently nerfed keyword targeting precision Google previously had precise keyword targeting settings that allowed advertisers pick individual search phrases to bid on, defined down to the character w/ exact match or phrase match targeting This was one of the core features that made search advertising magic, enabling advertisers to run extremely precise campaigns based on exactly what their target customer typed But now, even if you bid on a specific term or phrase using the strictest exact -match targeting settings, Google will show your ad across 1000’s of unrelated keywords, labeling them as as “exact match (close variant)” The definition of “close variant” means whatever they want it to and changes constantly. The result is advertisers get billed for clicks that are totally irrelevant to their business and that their targeting settings explicitly forbid Google from targeting. Google does it anyway and there’s no ability to turn this off So now exact match is broad match, and broad match is just meaningless spam This is all very bad for advertisers, but for Google, it allows them to show your ad and bill you for clicks across 1000x more searches that were previously going unmonetized (mainly because they’re garbage queries no one wants) This is how you grow revenue atop declining search volumes Lastly, and perhaps most egregiously, Google quietly stopped respecting budget caps by a factor of 2x. For example campaigns we’ve been running for years with $1000 daily budget caps suddenly began spending $2000+ per day And the extra spend is entirely on the garbage keywords Google arbitrarily throws in as “exact match (close variants)” which have no value to our business, but can’t be turned off Google offers no refunds nor any recourse for overspend or spend on keywords you explicitly did not target These are not the actions of a healthy business. These are the actions of company whose core business is in decline but desperately needs to pump quarterly earnings so Wall Street will continue to fund insane capex while hopefully looking through their rapidly deteriorating negative free cash flow Google operated a benevolent monopoly for the better part of 25 yrs Meaning the value Google captured from Search was but a small fraction of the value it created, and that spread produced a potential energy that justified expectations of high earnings growth far, far into the future This is now no longer the case At the alter of AI capex, Google is sacrificing the golden goose

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It is impossible to find a comparable option with high revenue and a low circulating market cap. ethereum:0xad29f2723fcdbcf665f210f25e06f97477e417cf 10x higher

fertility rates are so abstract that people struggle to understand the scale of the catastrophe we’re experiencing. take 1.14 children per woman (italy and japan) if that continues, each generation is roughly half the size of the one before it start with 100 people in a generation, the next only has about 54, then 29, then 16. in three generations, roughly a century, you have a generation 84% smaller than the one you started with. for taiwan that would be 97.4%! i don't think people really understand what that means

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If you're looking for some play similar to PONS, send me a message.

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