Investor | Tech Founder - AI Consumer App on IOS “SilverSpoon Ai” | Former Mainframe Systems Engineer @Broadcom, @Fidelity, @McMasterCarr, and more
$SPOONAI
Joined August 2021
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I'll be moving future updates on "SilverSpoon Ai" mobile app and the new $SPOONAI community token over to the official page @silverspoonai. Follow that page for updates. This one is my personal page and I post about stocks, investing, sports, and all other aspects of my life.
The app has been doing well without spamming updates on X so I haven't been posting a lot on here about it.
I'll try my best to provide more regular updates on that page. Please stop messaging me to do paid promotion. I rather it grow organically and have people who actually believe in the product and community promote it at their own will.
We have exciting updates to the mobile app coming in a few weeks that will include our spin on utility of the community token. Stay tune!
If Datacenter permitting slows, companies that already control energized sites and secured power capacity could become much more valuable.
Folks be on here bearish as hell but only short like 6 shares.
Where’s the conviction at, Big Short? 😂
Mike Moves retweeted
We've now launched Opendoor's 3P products to both buyers (in beta) and sellers (early release). List with Opendoor and Buy with Opendoor take the benefit of our scale and AI tools and give it to everyone.
We want more homeowners - even if they don't buy or sell to Opendoor.
I love the swift towards an asset light model
$OPEN is launching “Buy with Opendoor” allowing customers to purchase any home rather than being limited to properties the company owns.
Pretty big shift toward an asset-light model where Opendoor can earn mortgage, title and closing fees without having to buy property.
Mike Moves retweeted
Perplexity is working with IREN to power fast, trustworthy AI.
Under our multi-year agreement, @perplexity_ai will run workloads on NVIDIA Blackwell Ultra GPUs at an IREN data center campus, supporting the models and agents behind Perplexity Computer.
More than 50,000 organizations use Perplexity every day, asking more than 1.5 billion questions a month. IREN AI Cloud delivers the capacity and consistent performance to power AI workloads at scale.
Learn more: iren.com/resources/blog/perp…
If you feel like dumping your core positions, log out of your brokage account and take a break. Don’t let short-term macro noise shake you out.
Warren Buffett has pointed out that Berkshire’s stock fell roughly 50% three times, even when nothing was wrong with the business. His lesson: owning stocks takes the financial and emotional strength to sit through steep declines. You really have to be in the right psychological position.
That doesn’t mean holding blindly. Revisit why you bought. If the business has changed or your thesis no longer holds, reassess. If only the price has changed, take a breath before letting fear drive your portfolio decisions, especially if you are a long term investor.
This is a great video to watch:
youtube.com/watch?v=NeCAAAbb…
Mike Moves retweeted
Amazon $AMZN plans to begin selling its Trainium AI chips outside AWS in late 2027.
CEO Andy Jassy says the company expects to build “a very significant business selling chips externally.”
He says external sales generate revenue immediately, while using those chips inside AWS generates more total revenue and free cash flow over five to six years of use.
This is so bullish!
The slight miss and/or 12% dip after earnings doesn’t phase me. I’m still holding for the long run.
Amazon $AMZN CEO Andy Jassy just said
"There has never been a trillion dollar revenue business, and we may have two of them in the next 5-10 years."
Interesting. Looking to see what comes from this.
DOORDASH TO ACQUIRE INSTACART IN $17 BILLION DEAL
$DASH has agreed to acquire $CART for $65 per share.
Instacart shareholders can receive cash, DoorDash stock or a combination, with stock limited to 25% of the total consideration.
DoorDash plans to retain Instacart's brand, app and enterprise technology products while combining DashPass and Instacart+ into a single membership.
Instacart customers would gain access to over 50,000 additional stores, while combined membership savings are estimated at $100 million annually.
The deal is expected to close in late 2027 or H1 2028, pending shareholder and regulatory approvals.
Let’s go! $OPEN 🚀
I am excited to announce that I have joined the board of directors at Opendoor (NASDAQ: OPEN). OPEN is an important company solving a big problem in a massive market. I have already begun working with Kaz and the board. More to come. investor.opendoor.com/news-r…
Great move. Congrats @mikealfred!
