SPEAKER_05 0:00

Oh yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, yo, lalalal. What the fuck is good? How are y'all doing? Um, it's a Friday. It feels like a Friday. I'm trying to decipher if it was an electric day in the markets or a boring day in the markets. Surprisingly, a lot happened today, but nothing at the same time. I think. I mean, the biggest story is government regulation of open AI. That is a big deal. Today's like an important day for the world, I think. And it's an important day for us to figure out what is coming, where we're headed, what the future is gonna look like. And grounds, generally ground setting, I think. The open AI news, I think, is big, man. Also, they just announced the model names. They're fucking Luna, Terra, and Soul is insane. You can, I mean, that's a crypto shot, like a direct crypto shot. Soul Earth Moon. Bro, it's crypto. Come on, Soul Terra Luna, come on, bro. Come on, dude. You guys are so naive. Good. You have to go to a World Cup game. I'm gonna go. I'm gonna go to a game in LA. I'm going to LA for the first time since I left. And I don't know what to expect. Does anyone live in LA on the stream? Yeah, mom, I'm going. I sorry. Um, I you guess I'm supposed to tell you that. I don't know. I'm going for like a day. Am I supposed to tell you that? I haven't been back. I feel like they're I feel like the last people in LA are uh it's TVPN. It's like the last the last cohort in LA. And they're they're holding shit down over there. I can't lie. Well, number one is Citrini just wrote an article and like half of it is long IRL. No mention of AMC, and you said the short StubHub. I'm just like, what the f what? And I'm like, bro, come on, man. You know, I almost sold AMC yesterday because I was really mad and I wanted to make a video about my my trade thesis. I wanted to make a long video, go over it, but I didn't sell it. But what I am gonna do today is I'm gonna go see backrooms. Maybe, maybe tomorrow. Today or tomorrow. I wanna see obsession, but I feel like seeing obsession with another man is like a little bit questionable. Backrooms feels like socially acceptable. Look at this. Highest grossing movie in 2026. Look at our options. Spider-Man Avengers Toy Story 5, which is the best-selling Toy Story ever. Spider, uh Super Mario Galaxy movie, Christopher Nolan, the Odyssey movie, Dune movie, Wicked. Ah, I'm good. New Hunger Games, didn't even know it was out. New Star Wars didn't even know it was out. Michael, don't know what it is. Project Hail Mary, which they were calling better than Interstellar when it came out. It was super mid. But man, it's impossible to look at these movies. I mean, this might be the greatest lineup. 2026 might have the best movie lineup, maybe ever packed within one year. And I man, I don't care how bad the economics are, it's impossible to look at this and say to myself, I'm not long AMC. I can't sell it. They're gonna dilute, they're gonna add nine figures, they have the worst management ever. But I cannot look at this lineup. The great it's the greatest list of movies packed into a single year, arguably ever. I just cannot get my attention narrative brain to look at this and say I'm not gonna be long AMC. That's my update on IRL. Um, all right, also speaking of IRL, it's a pretty dark headline here, but I've been seeing this all over my feed the last couple days. And a bus driver in France crashed today because he fainted due to the heat having no AC in the bus. I googled it today. Air conditioning was invented in 1902. It's like a over air conditioning is over a hundred years old. Why does Europe not have air conditioning?

SPEAKER_02 3:27

Need to turn off your air conditioning and remove it from your house. Those of you using air conditioning in the UK are the reason for the climate emergency and the record-breaking temperatures which are destroying the planet and taking people's lives. It is not okay for you to watch the world burn while the rest of us have to stand paddling cool.

SPEAKER_05 3:44

Is this true? Is a condition destroying the world?

SPEAKER_02 3:47

Use hand fans and wear fewer clothes. It is not okay to destroy the planet. Use hand fans.

SPEAKER_05 3:53

And we need to change the law and make these devices This is like this is like making a joke that every Chad GBT promptly cuts down a tree.

SPEAKER_02 4:00

Illegal. Devices that have high carbon footprints just so you can stay cool should be a crime. And the prosecutions and fines that follow should be retrospective to anybody who owns air conditioning or has it installed in their homes.

SPEAKER_05 4:13

Air conditioning is like how I'm watching this from my like 64 degrees, 64 degrees bedroom. I don't understand it. Um only about 20% of European homes have air conditioning. Historically, Europe's my mild summers meant cooling wasn't deemed a necessity, making AC rare. Additionally, traditional European buildings use thick walls and clever window management to block heat. However, CNN reports climate change has sparked a massive shift in how the continent adapts. Older properties or listed heritage buildings often face strict zoning rules. Okay, so you know what my brain did is like the first thing I did when I saw this is I went to ChatGPT and I asked this exact question. I'll ask it again. What is the best public vehicle to long air conditioning? I have it, but I only use it five days a year. The problem is this isn't like an air conditioning long um because it's it's illegal. Like you can't use it. I mean, this looks good. It's an air conditioning, I mean this looks insane. 61 billion dollars. 40,000 died from guns in the United States, and 125,000 died from heat in Europe. How is it triple? Wait, wait, wait. How many people die from heat in the US annually? That's I should ask that first. 1,500 and 125,000 die in Europe. The same amount of people that die from a heart attack every year in America die from heat in Europe. That is just that is actually insane. All right, we actually do have a lot to talk about. I gotta focus. I gotta focus. I gotta focus. Let's start with this and then let's get into it. We have a lot, we we have a lot to cover. Michael Saylor! They're gonna make a good movie about this fellow when it's all said and done. This went straight to my Instagram story when I saw this. It went straight to my Instagram story. You know how much was you know how much six billion dollars was in like 1998? If he does it twice, who is gonna play Sailor? I know Getty Images, by the way. How is Getty Images? I got the opening ideal. Wait, what happened? What happened? What the fuck is this? What happened? They gapped this like a hundred What happened? Wow, that is dark. Unbelievable headline, Michael Sailor. This is the new meta, bro. This is in New York somewhere. Somebody posted this. The new meta is everybody has money. And so the sick founders don't care about your marginal dollar, they care about how much motion you have. The celebrity VC thing is gonna go up only. This is this is the new new. Look at this mock corner on a fucking bodega. They announced their um, I don't know what the company is. Bro, imagine this is your investor lineup. $35 million Series A. This is your lineup. Khloe Kardashian, Alex Earl, Jessica Alba, Paris Hilton, Ice Spice, Carly Kloss. I don't even know who that is. Mindy Calling, don't know who that is. Halsey, I don't even know who that is. Gonna Ashley Graham, never heard of him. Winnie Harlow, never heard of him. Olivia Colpo, never heard of him. Eileen Goo, do know Vlad Teniv. Imagine Ice Spice, brother. Imagine, imagine on an investor lineup, Ice Spice has bigger font than Vlad Teniv. Imagine that. Imagine that's 2026. In 2026, Ice Spice and Chloe Kardashian is ahead of Vlad Teniv. Lori Harvey, I guess. Bobby Brown, never heard of Shabuzi, no clue. I'm gonna pronounce it wrong and you make fun of me, so I'm not gonna say it. The Chain Smokers, Jay Shetty. It's like, come on, bro. Big Jay Shetty on the front page in 2026. Rebecca Minkoff, Rachel Zoe, Sahel Bloom, Allison Ellsworth, Sarah Blakely. I've never I know um Bobby Brown is Whitney Houston's ex. Bobby Brown. I mean, I chat, do you know who this is or no? Do you know who this is? I mean, why is he on the front with all due respect, why is he on the front page of a VC race? Oh, Vlad Taniv?

SPEAKER_04 7:55

I mean, on the page is fine, but I had a Vlad Robin Hood on a VC race? Robin Hood Adventures? Come on, bruh.

SPEAKER_05 8:02

Why how are you gonna bro me on this, by the way? It's a series A! What are you talking about, man? Look up Carly Kloss. Husband. Carly Klaus. I like the spelling. Um husband. Oh, okay. My bad. My bad. Sorry. Fuck. My bad. To be honest. I don't know a ton of ton of models, but this this uh unfortunately or fortunately, depends how you look at it. It is Thea. What is Thea? Thea race. It also was super viral. It's an AI-powered shopping platform co-founded by Theobi Gates. Whoa. That's a interesting name. Can we watch it for a second? Venture Capital lineup was Khloe Kardashian number one is Phoebe. Sorry. Khloe Kardashian number one is nuts. That is objectively that's insane. Say what you want about the rest, but Khloe Kardashian at 226 first is crazy. That's crazy. I'm sorry, that's crazy.

SPEAKER_03 8:58

It's just denounced. But wait a second, this isn't Coachella at all. This is Fiat's 35.5 million dollar series, a funding round. And it's stacked from head to toe with celebrities and influencers. And also, somewhere in the middle, we have Vlad Teniv, the CEO of Robinhood. Which needed to be explained in parentheses because this lineup is absurd. From Chloe Kardashian, Sydney Sweeney, and Alex Durrell to the Chain Smokers and Gunna.

SPEAKER_05 9:24

Fia just closed an Vlad Teniv, Gunna, and Sydney Squeenie on the cap table. I'm I'm never gonna fail.

SPEAKER_03 9:47

And that's what I want to talk about here because it goes well beyond the gravity.

SPEAKER_05 9:52

Yeah, anyways, but new meta. Um, the biggest news I think that's happened since Fable, it's arguably as big, is the Trump administration has asked OpenAI to stagger GPT 5.6 release over security concerns. This is in fact a huge deal. Um OpenAI CEO Sam O reportedly told staff that GPT 5.6 will be released first in a limited preview to a small group of partners after a federal government request. In a memo, Altman said the government would be approving access cust uh wait in the memo, Altman said the government would be approving access customer by customer during this preview period. The request reportedly came after OpenAI worked with government agencies over the past month to review the model, including the Office of National Cyber Director and the Office of Science and Technology Policy. The information also reports Commerce Secretary Howard Lutnick. Why is Howard Lutnick the the arbiter of AI? Um cautioned OpenAI against launching without approval from other agencies. Alman told staff this is not a preferred long-term model and said OpenAI will work with the government and the rest of the industry on a more sustainable process for future releases. Um the situation comes out of the White House's recent clash with Enthropic, where export controls reportedly forced Enthropic to withdraw its fable and mythos models from the market over national security concerns. And so we have a market here, polymarket, GBT 5.6 released by and under June 30th. At one point, this was 96, I don't know, 95, 87, it was like 90 plus 95 at the peak. It's now 2% that this gets released. And and this is probably the biggest announcements come out in AI. Um, I it's to me, it's more significant than Fable. Fable gets banned, and for the first time, we're like, oh my god, the government using control and dictating when AI model can be released is now possible. But when they do it to 5.6 for the second model release, when they do it to 5.6, you realize that there will never again gone are the days where a new model is done and it's finished and it's the best in class and it just gets released to the public. That will never happen again. Yeah, so this is where we're at. Um, I have a few tweets on it, we'll just read through. Um, I also don't think this is Dario's fault, really. Like, he probably sped it up and created some unnecessary fear and panic amongst the White House. But at the end of the day, it either is what it's advertised as or it's not. And if it's a cyber weapon, it's a fucking cyber weapon. If we would get there one way or another. Um, this is precisely what the D cells wanted. In fact, I go as far as to say they explicitly trained Mythos to be dangerous at cyber for this purpose. Sad day. I mean, I don't know, you blame him. Here's another take. I like this Andrew Curran guy a lot. I want to D nap, let's get this this guy on stream. He's good takes. For the people saying this is a pause or victory for safety, it is not. I agree. This does not slow development in any way. No, it does not. It only slows the rate at which the labs can release the models, not how fast they can train them. The gap between what is available to the public and what the labs have internally will steadily widen from this day forward. This actually makes no one happy. The old AGI has been developed internally. Joke will absolutely come true now, though, long before it was available to the public. That's the real um can you show your AS custom instructions? I hate my custom instructions. It's the most frustrating part of me using AI. Also, on I wish I could come here and tell you that VVV is the trade here, but it's not. It's not, it's not. Um, they use user outputs to train the next models, also don't fully agree with it. Yeah, but they'll use like elite users, they'll use elite user outputs to train their models. They won't use like the normies, they're gonna use the best startups and the best, they're gonna use Amazons and Google. They don't even need ours realistically. Or I say ours, yours. They don't even need yours. They're gonna just use the collision brothers and Zuckerberg's outputs, and that's what we're gonna get. Today it's popular to say the unofficial AI licensing regime is slowing down innovation or whatever, but people are not looking at the big picture of how quickly this enormously consequential technology is moving. The particular circumstances around mythos may have accelerated all this slightly, but it was inevitable. That was my take. An easy an earlier is better than too late. Any good choice will look early inside the exponential. I think it's a possible development that the feds understand the gravity of this technology. Models being publicly delayed a week by a week here or there is really not the end of the world. Procedurally, this is the right way to do it. Procedurally, this is not the right way to do it, but they'll figure it out. One very sad outcome will be if Americans are just left behind, if not Americans are left behind from this frontier forever. Um, yeah, the free world should be maintained. This is the unfortunate outcome. And I think it's I think it's where we're headed, fellas. I don't really know what the trend is or what exactly we okay. Here we go. The two, one more. This almost this means Chinese models are almost certainly going to be restricted in some way, possibly even banned in the West. Right now, they're roughly nine month months behind. This is not true. At least from what I understand, this is not true. If every American frontier release is forced into a slow staggered rollup from now on, they'll start closing that gap immediately. Over time, this destroys Western lab business models because users will eventually have access to genuinely equivalent open source alternatives, and in time, even better ones. The US government will not allow it to happen. The only way to prevent it is if China agrees to the same staggered release schedule. Unlikely, but I suppose it is possible. Seven stream streak, let's go. Keeping the gap roughly where it is today. Otherwise, the US will likely restrict or ban Chinese models. There's probably a nine-month window at most, probably a lot less before one of those outcomes play out. Okay, here's one more. A death spiral looms. Restrict total number of customers, revenue growth stall, no money for the next 10x training run, data center demand stall, no available compute, can't serve new customers, bubble end. Everything goes local. Yes, everything. The problem is local is so expensive. So that's where we're at. Um, okay, one more, one more. In a matter of weeks, US federal AI policy has gone from implausibly libertarian to increasingly Conian and opaque. Today, over 35 distinct observations. I analyze how we got here and offer the most succinct statement I can about what exactly I propose we do next. And yes, I do believe he works at open AI. I do believe he works at open AI. And so you said VVV wasn't a trade. The reason VVV is not the trade is because VVV is just a rapper. Like, I'm gonna be honest, VVV actually does not accomplish much in this scenario. It accomplishes VVV actually accomplishes nothing under this trade circumstances, like it accomplishes nothing because it doesn't they don't train a model, they don't have their own weights, they they have nothing, they just are a private rapper to hide your messages, just like every other coin generally. Yeah, so the only time VVV is a trade is when they announce when open AI comes out and is like every chat GPT log ever has been leaked, and then you're like, uh, that's not good. Privacy matters, let's buy VPV. But when would that happen? I don't know. But I you know, I don't know what the trade is. Like, I went back and forth on this for a while. I was thinking some of these, like, it's it's it's a hardware play, probably. Apple's too big, Raspberry Pi is way too small. It's maybe some cloud like AWS thing, but I I don't know. I think it's it's it's a weird one because there's there is a trade for everything. I don't really know. If I knew I'd be buying it, but local AI and IRL events, I think, are my like spot themes for the next couple years. Other announcement is that open AI is leaning towards pushing its IPO until 2027 for the New York Times. Details include choppy markets in recent weeks have led OpenAI to reconsider the timeline of the IPO. The company's worried it might not find much enthusiasm from retail investors. I don't really believe that to be true. Advisors are recommending OpenAI either wait until 2027 IPO at 1 trillion or lower the valuation for a quicker IPO. Recent volatility in tech stocks has raised concerns around open AI's IPO. I mean, to be fair, maybe not tech semis specifically have been up only. As a result, Softbank owned how much of OpenAI does Softbank own? They own 13% and they got crushed. OpenAI got crushed or soft bank got crushed. Um significant move on this, like yeah, 15, 13 on the announcement. And classic, classic, classic clip. I actually don't think this clip is super relevant because them not going public right now means that they have enough financing private markets to keep going without going public. However, it's classic. Let's watch it.

SPEAKER_01 18:19

Can the company with 13 billion in revenues make 1.4 trillion of spend commitments, you know, and and and you've heard the criticism saying we're doing well more revenue than that.

SPEAKER_00 18:30

Second of all, Brad, if you want to sell your shares, I'll find you a buyer.

SPEAKER_05 18:33

I just this were the top of OpenAI Microsoft relationship too.

SPEAKER_00 18:36

Enough. Like, you know, people are I I think there's a lot of people who would love to buy open AI shares. I don't I don't think you would include myself. Including myself who talk uh with a lot of like breathless concern about our compute stuff or whatever, that would be thrilled to buy shares. So I think we we could sell you know your shares or anybody else's to some of the people who are making the most noise on Twitter or whatever about this very quickly. We do plan for revenue to grow steeply. Revenue is growing steeply. We are taking a forward bet that it's going to continue to go grow, and that not only will ChatGPT keep growing, but we will be able to become one of the important AI clouds, that our consumer device business will be a significant and important thing, that AI that can automate science he does have a crazy voice. So, you know, there are not many times that I want to be a public company, but one of the rare times it's appealing is when those people are writing these ridiculous open AI is about to go out of business and you know, whatever. I would love to tell them they could just short the stock, and I would love to see them get burned on that.

SPEAKER_05 19:38

So classic clip, but you get this take, which is like I think we see a max exodus of open AI employees leaving their anthropic in the near term. Anthropic is probably still on track to IPO this year, and a few things attract talent, like a near-term liquidity event. That's a good take. Open AI push you back to the IPO be a big blow to employee morale. So here's where we're at. Open AI IPO by December 31st was as high as man, it was 77%. And now it's down to 21. I think the reality situation is open AI is just getting mogged by anthropic right now. They are, I don't think they're that far off. And in a lot of ways, it should be more America versus China than OpenAI versus Anthropic. But they're getting mogged, they're getting mogged pretty bad. And I think the worst follow-through to this would be talent leaving. Like, look what would happen to Google. Google dilutes, and then Google announces four employees leave Google AI lab, Gemini, to go to Enthropic, and the stock is just getting it's getting crushed. And so a similar thing happening to open AI for Enthropic, it hasn't happened yet, so maybe we're just talking shit, would be pretty catastrophic. Like Anthropic is just gulping up everybody, and again, I don't know if it's because they built God internally or it's this weird EA philosophy that all of these AI researchers seem to love. The EA stuff is so bizarre, it's it's bizarre. Above Vision Pro and Smart Class Achieved delete for open AI, dude. AI lab talent wars is like free agency in the NBA. It's insane. It's like the night before the dead trade deadline in the NBA. There's four teams and they all just get traded back and forth. Everyone goes everywhere, they get traded back and forth, back and forth, back and forth, back and forth. It's like everyone's on a one-year contract, and it's it's it's like the night before the trade deadline, and I'm playing 2K franchise mode. It's insane. All right! All right, man, it's a it's if it is the most Friday of all Fridays. But as I look at the bottom right hand corner of the monitor that is on my left, I look at the clock, and it is 4.04 p.m. Let's not waste any time.

SPEAKER_04 21:39

You already know what it means. It means it is marked.

SPEAKER_05 21:46

Let's take a look. First and foremost, the SPX had a weird day, and we come in at $7,353.97. It is down.05% on the day. This is Buy is almost 732. It was green, then it was red. Then it closes down 0.10. Um, the cost we had a nasty breaker day yesterday, was down six percent on the close. Q's down 1.3, Nasdaq down 1.3. The Dow is flat down 0.1% on the day. Socks, the semi-index looking ugly. I must admit. It's printing a little uh should I do it? Should I do it? Should I do it? Chat, it looks like a shoulder, a head, and a little shoulder. Not great, a little bit scary. Um, the IGV, the worst coin of all time, with a strong balance that's up four percent. And then the IBB. Look at this beauty. Look at this, the IBB. This was a breakout buy I've ever seen. When you get about that top wick breakout, clean five percent right now. And wow, this thing is unbelievable. I don't even really know most of the companies in here. What's crazy is it's not Lily driven. Lily's like one percent of this, the IBB. So that thing looks nuts. Um, crypto currencies. What have I done to my Bitcoin chart? Here's Bitcoin. I mean, guys, I don't people are calling the bottom on this. I don't know how it hit like fit, it hit tested 60, bounced us to like 75. Try to come down to the level again. We bounced to like 80, went straight back down to test that 60 level and went to 67 this time. Down again, and we got to like 66, and then now we're here again at this level. Like it is hammering at the 60 level. I don't know. I don't know who's left to sell, but I really don't know who's left to buy. Solana, I'm also not touching. This is ETH, which is a just disaster. Mando is pretty short. This chart he said 1800 is an invalidation. We'll see what happens. This is stretch, which is just look at this. Look at this thing. $74 on stretch. Um, the thing that blew me the most about the Mando convo yesterday is the idea that there isn't a sailor blow-up level. Like, there isn't this moment or a date or a price that we're waiting on for him to be like, okay, this is it, and you spiral deleverage. He can kind of sit here and slow bleed us for a year, like he doesn't owe he doesn't have to pay back these bonds until like deep 2027. And so there's a lot of we're gonna deal with the sailor problem and then we're gonna buy Bitcoin, but I don't think it's gonna be that clean. So I'm yeah, I don't know. The whole Bitcoin thing to me is just like untouchable at the moment, so I'm staying away. Um, silver had a nice recovery after a disgusting day. That's 58.7, up one and a half percent on silver, gold as well. That's up one percent, back above 4k, 4067, and then copper, my baby, that I've never traded before. I would like again, this level is the level. I would like to buy it up here, but I'm not doing anything just yet as it relates to copper. Um, oils are down a lot, dude. I thought about it today, by the way. I actually thought about it. I was on the phone with D Nap, and I said, DNA, I think I'm gonna long oil right now. And he's like, Are you fucking insane? I said, Yeah, you're right, I'm not gonna do it. There was some break of ceasefire where Iran blew up like three US drones, and then Trump came out and was not happy about it. But then I remembered that by longing oil, you're longing an asset that almost every country on earth is incentivized to see trade low uh lower. What's DNAP's X to go? So crude oil is down three and a half percent to sixty-nine forty-one a barrel, and Brent oil is down 72. It's down two and a half percent to 727. Why trade come on? Flood, you like this? How I have you pinned on the chart. Look at this right there, man, where you belong. All right, Palantir finally with a decent day is up. Pond is up 5.2, but I mean it's completely lost the trump level now. It does not look good. Um, and the rest of defense is green, but barely. All right, big tech, semis, a little bit of SAS, memory, the stuff that we actually care about. Um, biggest gainers a shit coin SPCE. Robo Strategy second is up 10. Blackberry is up 10 and ripped into ATH after some unbelievable earnings. Snowflake up 10. ASTS space that's up eight. Cerebris up seven back to 180. It's still 48 off first tick of the IPO. Brutal Microsoft, that's up 5.7, Salesforce is up five. IBM, I'm actually still on this. I don't know, it hasn't traded great, but I uh I'm up six, three X leverage, I'm up like 20 something percent on IBM from that quantum day. I'm just I'm kind of just sitting in it. Um, I I didn't really want to keep holding it, but they didn't walk me out, and I'm like, I don't know, I guess I should just stay in it. Adobe up five, Rocket Lab up five, uh Cloudflare up five, Amazon up 2.5, Apple with a decent recovery day. That is up three and a half, but down half a percent after hours. Um SpaceX wanted to look interesting today. It it wanted so bad to get interesting today, and I think it maybe does get interesting above like the 65 range, but as it currently stands, not great. Here's where it gets scary NVIDIA down 1.6, AMD down 2, Google down 2.2, Oracle down 2.5, SpaceX $45 in Q327. You're nuts, you are nuts, Intel down 3.5, Broadcom down 3.6, ARM down four, Marvel down five, micron after maybe the greatest earnings report ever, is down seven percent, dude. Ooh, uh-oh. That's not great. Nokia seven, QCom eight, sand disk down eleven, bloom energy down twenty twenty percent on bloom energy. That is pretty fucking terrifying. All right, some of our consumer names. Biggest gainer from the depths. If there's a will, there's a way. AMC plus 15. Thank you very much. Um, butterfly makes the chips for the mid-journey sauna thing, scanner thing. That's up 10. Sigma 10, service now 10, Stubhub, up eight. Eli Lilly, Ripper. There was a clear rotation that happened today, I think, to Bio. That's up seven. Circle seven, Zeta six, Reddit five, hood five, himself four, and looks very good. GME three, Airbnb three, biggest losers. Uh Nebigus down seven, Leopold, Strategy down three and a half, down to 82. Disgusting. Iren, your new biggest sponsor of the Golden State Warriors, that is down one. Nike is flat. Let us add a couple names to this list. Let's add Wendy's duh's up. Ah, not bad. Up six. Yeah, not great. Up six. And yeah, that's mostly it. All right, crypto uh IRL, real quick. Everything IRL. Um, six flags down two. Madison Square Entertainment is just all-time high after all-time fucking high. Up another two. The UFC looks insane. That's up six. Um, Royal Caribbean, I hate that stock. Live Nation after Citrini Show. That's up three. The sphere is up six. I just bought the wrong stock, dude. I bought the wrong fucking stock. About Stub Hub instead of the fucking sphere. Madison Square, the other one is about to make an all-time high. IMAX down six, and Cinemark is up four. TTWO take two interactive. Let's actually add it. Oh, it's on there. Uh flat. Did a whole lot of fucking nothing today. All right, altcoins. Gito 25% monster. Look at this chart. Okay, up 15% on the Kraken News. Lighter up 12. Pump fun up 11. Crazy. Why is Pump Fun up 11? Uh Sear up. Ugh. God, some of these charts are so bad. Monero up three. And then nothing else really worth writing home about. All right, let's check on chain real quick. Do I dare? Oh man, it is such a Friday today. Cards 66 mil. I'm gonna give you a hot take. Y'all want a hot take about our latest cards shill? I'll give you a hot take right now. I think Arthur Hayes is good for crypto. And I like the fact that Arthur Hayes and his fund are buying tokens on the liquid market. And does he like tweet about them a little bit annoying? And is he like the not the cleanest holder? Fine. But what Arthur Hayes is doing, buying tokens on the liquid market, is so much better than VCs funding the latest L3 infra garbage and just dumping it on our head top. I think he's good for crypto. I stand on it. I don't like cards because something's wrong with this coin. It's like cursed for no particular reason. But I'm pro Arthur Hayes all day. Pro Arthur Hayes. Asteroid 40. Ugh God. This is sell every news. This low-key printed the elephant too. This is a sell the news every candle. What about the Carlos Amani geode? This is not bad. This is not bad at all. 88. Um neat, I don't know. 26. Railgun. Oh, clad. Cléd pumped a little bit, and then pin's is like 12 mil. US is striking hormone. Stop. Stop, stop, stop, stop, stop, stop. Oh my god. Give me a fucking break. Oh my god. I just don't have it in me. Oh, I want to do it so bad. I want to do it so fucking bad. I'm shocked actually. Same story every day in WTI. Overnight selling rally during business hours. How is this a fade? It's insane. There's nothing that they can do. It's actually nuts. He's talking about memory stocks. This was really hopeful. Thanks for the vague post. So it was a Friday ass stream. It was a short stream, but I get to do that on Friday. I don't have to wear a suit jacket and I don't have to to I get to do whatever I want on Friday. I get to do what I what the fuck I want on Friday. Every other day, I don't have a choice. But man, I leave you with that. Like, go to go home, close your laptop, whatever. Sit there and think about it. If you really want to do this, man, if you really are are you know, even if it's not trading, even if you don't want to be a trader, but you're like, I want to be tapped into the markets, I want to build a startup around finance, I want to, I want to be literate in this world, I want to understand what's going on. There's all this cool amazing technology in America right now with AI and space and Mars colonization. Even if you just want to ascend and be around this whatever, I don't even know what you call it, this like immersion of all of these technologies and the in these brains and these internet people at the same time. Like, if you really want to do this, even if it's not trading, you want to be a VC, you want to invest whatever, you want to be around this inertia that has confconf conformed itself right here amongst 174 people. Like, if you really want, if you really want to do this, man, it's like it's right there for you. Nobody fucking wants it, nobody else can focus, nobody can focus, no one can read a fucking page of a book, and nobody else really wants it that bad. I don't know. I think if you really want to do this, man, the next couple years, the pit, the stream, what we're gonna do. I'll let you join the pit right now. Yeah, fuck that. How about that? I'll let you join right now. You want to join? Come in, come come rock with us, man. Come rock with us, come come fucking rock with us. I'm I recruit you, brother. I recruit you, I recruit you. Come here, come rock with it. Trust in me, trust in this vision. I promise you're gonna be all right. I'll see you on Monday, baby. Have a good weekend, be safe on Friday. Go out. IRL Max. If you're going to a movie, please go to AMC. If you're buying a ticket for this weekend, buy from StubHub. And I will catch you when I catch you. I'll see you when I see you. Have a great rest of your day. Love you, motherfuckers.

SPEAKER_04 33:53

Peace.