57 years of tennis playing 49 years of commodity futures trading Creator of wood art ( https://xitter.gq/t.co/M0zresWFI0 )
Arizona
Joined September 2012
- Tweets41.8K
- Following8.4K
- Followers7.6K
- Likes517K
The collapse of Reddit will be studied.
After reporting earnings, its stock collapsed 30% in a single day.
It's down 44% in 2 weeks.
But the most important detail is what was revealed in that earnings call.
The CEO said AI is killing Google search.
People no longer get sent to Reddit from Google. They merely get their answers from the AI Mode itself.
Even Google confirmed this themselves with their disastrous results - AI mode is cannibalising their search business.
Pretty soon, no one will visit Reddit voluntarily. Its traffic will continue to crater.
The worst part?
Reddit isn't alone. There are millions of companies and publishers that rely on search traffic.
That's what happens when you rely on a single funnel for discovery.
Just back from a 3 weeks vacation (50th wedding anniversary)
Madeira-outstanding....followed by a Trans Atlantic cruise
Question is what do you do for encore
Zheng makes history, the first Chinese player to win the China Open! 👍🎾
One of the most special and emotional moments of the @WTA as Zheng Qinwen wins her first ever 1000 title in front of her people in Beijing!
Qinwen had elbow surgery and her career was in doubt, she's come back and beats the No 4 seed Mirra Andreeva! 🙏🇨🇳
As superintelligence grows more powerful, the values we give it become even more critical...
🚨 ELON MUSK ON WHY TRUTH MATTERS FOR SAFE AI
Elon said the most important principle for building safe superintelligence is that it must be maximally truth-seeking.
If you force an AI to accept things that are fundamentally untrue or two ideas that completely contradict each other, it loses the ability to reason clearly about reality.
He warned that this would make the AI insane.
As superintelligence grows more powerful, the values we give it become even more critical. An intelligence that can understand the universe needs to be grounded in truth, not contradictions.
Truth-seeking is the foundation of safe superintelligence.
$TLT held above the yearly S2(77.39) on a weekly closing basis and closed the week up indicating a potential bullish reversal. In order to have a bullish reversal it needs a weekly close above 78.87. If it closes the week above 78.87 an intermediate term low may be in.
‼️
We don't know what's going on with the plague in Russia. But after COVID in Wuhan, we know not to trust dictatorships that tell us everything's ok. Turkey gets 7 million Russian visitors per year. Thailand gets 2 million. That's how this could spread...
robinjbrooks.substack.com/p/…
“.. AI companies are privately gaming out scenarios for a public and political revolt after a catastrophic AI event .. most likely a cyberattack, that shuts down access to financial services, internet connectivity, or even power and water.”
@axios
axios.com/2026/10/09/ai-comp…
What will be the new name?...
"ChipBucks".....?..... 😀
FT Exclusive: The world's leading coffee shop chain has worked with advisers in recent months on a takeover proposal for Chipotle, a burrito chain with a market value of nearly $39bn. ft.trib.al/cXMWfgX
U.S. 10-YEAR TREASURY AUCTION DRAWS STRONG DEMAND
The Treasury sold $39 billion of 9-year 10-month notes at a 5.300% high yield, with a 2.77 bid-to-cover ratio.
Indirect bidders took a strong 80.34%, direct bidders 17.12%, while primary dealers were left with just 2.54% — signaling solid end-investor demand.
$SPX - There is now a massive divergence between the S&P 500(blue line) and the S&P 500 A-D line(black/red line). The last time there was such a big divergence was in January 2025. It doesn't necessarily mean it will end the same way it ended in 2025 but that's a big red flag.
