CJ_Blockchain

NAN2 Hailis:
This cut—stay calm and don’t be arrogant! 🔪🔪🔪

At this point, let’s do a fill-in-the-blank exercise.

Micron Technology CEO Sanjay Mehrotra was interviewed on a FOX Business program on July 9.
He conveyed several well-worn but crucial points:
1⃣ Memory demand is at an unprecedented level, and memory is currently in a state of severe shortage. When the host pressed on when the shortage would end, Mehrotra refused to provide a specific timetable.
2⃣ Data centers have already accounted for more than 50% of total memory demand.
3⃣ Beyond data centers, demand also comes broadly from smartphones, computers, automobiles, industrial, defense, aerospace, and other fields.
4⃣ Advanced storage products c

Found a very interesting piece of data.
Since the beginning of 2025, SK Hynix's forward PE has been averaging around 6x.
That is, over the past two years, no matter how SK Hynix's stock price has moved, the market has been pricing SK Hynix as a cyclical stock.
All the stock price gains have come from EPS growth.
In other words, in the future, memory chips don't need to be priced as a growth stock either. Even if a constant 6x cyclical-stock valuation is applied, memory can still see share price growth driven by EPS increases.

As strong as Nvidia is, it has still seen multiple pullbacks of over 30% during the AI boom in the past three years.
Even at the beginning of 2025, it suffered a drawdown of more than 43%, nearly wiping out all 2x leverage.
Why should storage be spared?
The AI wave isn’t over yet—rest assured.

I know you made money on Solana with Ansem,
and you're going to BSC to earn CZ.
But! But!
Never play celebrity coins on BASE!!!
Careful Jesse! Careful Jesse! Careful Jesse!

Looking at the details,
Unemployment rate 4.2%, lower than expected.
The reason for the lower unemployment rate is that the labor participation rate has dropped, not that employment has increased. Because some people have permanently exited the labor market.
So the unemployment rate can be considered neutral for now.
But with the World Cup in the US in June, non-farm payrolls being this low will put pressure on the Fed.
So it's a neutral data point plus a positive data point.
Favorable for delaying rate hikes.

Youth spends a lot of time wandering, but grows in a few moments.
The stock market is actually the same; Meta recovered the entire June decline in one day.
Most of the gains are actually concentrated in those few days.
If you miss those days, stock returns drop sharply.
This is one of the reasons why swing traders and those who chase ups and downs often cannot outperform the index.

meta took the excess computing power and used it to build a cloud.
Then the market responded with a sharp plunge. So this news was interpreted as:
“Is computing power not that scarce? Does meta have spare computing power that it can use for others?”
This is how the market is interpreting it right now, but in reality meta should have done this long ago.
They made a mess out of their own open-source models—using their own employees to train models plus day-to-day usage simply couldn’t possibly consume that much computing power. They should have taken it out and monetized it long ago.
I

Circle’s misfortunes come all at once 🧐:
Dozens of financial companies, including Visa, Stripe, Mastercard, BlackRock, and Coinbase, will launch a new stablecoin called OUSD and share the returns with partners.
I checked the partners on the official website, and I’ve put the screenshot below. In short, besides Circle, every crypto ecosystem, every payments company, and every financial institution are all cooperating to create a new stablecoin—OUSD.
Apart from Circle…