Renowned short-seller Jim Chanos says he has come up with a simple strategy on how to approach the AI trade. In a new Risk Reversal Media interview, Chanos says the AI trade has quietly split into two very different categories, and investors should be careful which side they’re on. “So the thing we’ve been saying to simplify our thought process on this is if you want to play AI, you want to be long the people who are producing the magic from the chips. You don’t want to be long where the chips reside.” Chanos says many companies now marketed…
Author: Henry Kanapi
Henry Kanapi
Henry Kanapi is a journalist and editor covering the intersection of artificial intelligence, financial markets, and technology disruption. He has sourced, written, and edited thousands of stories on crypto, banking, and macroeconomics as Senior Editor at The Daily Hodl, where he helped shape coverage for an audience of over two million monthly readers. At CapitalAI Daily, Henry brings a decade of newsroom experience to fast-paced reporting on AI breakthroughs, market shifts, fraud cases, and regulatory battles. His focus is on accuracy, clarity, and exposing how money moves in the age of artificial intelligence. Henry’s work has been cited by leading financial outlets, investment firms, and research communities tracking the future of markets. He is committed to a high editorial standard rooted in transparency and trust.
The founder and CEO of Altimeter Capital says a convergence of AI and space could unlock a wave of demand across both retail and institutional investors. In a new episode of the All-In Podcast, Brad Gerstner says SpaceX’s merger with xAI has positioned the rocketmaker to capture the two largest markets in existence. “Well, let’s just stick with what we know. SpaceX is merging with xAI. You’re merging the two biggest TAMs (total addressable markets) in the world. All of artificial intelligence and all of space together with the world’s greatest entrepreneur.” Gerstner points to comments recently made by Elon…
SpaceX CEO Elon Musk says the rocketmaker’s priorities have shifted, as it now aims to build a new city in space closer to Earth. In a new post on X, Elon Musk says SpaceX has already shifted its focus toward building a self-growing city on the Moon, arguing that it can be achieved far sooner than a permanent settlement on Mars. “For those unaware, SpaceX has already shifted focus to building a self-growing city on the Moon, as we can potentially achieve that in less than 10 years, whereas Mars would take 20+ years.” Musk says the change is not…
Federal Reserve chair nominee Kevin Warsh says the economic impact of AI is already showing up in boardrooms and balance sheets, even if official data will lag for years. In a new interview with Sadi Khan, Warsh says that within a year, leading US companies will begin doing things that look unimaginable today, expanding margins and taking market share as AI-driven efficiencies compound. According to Warsh, the dynamic will create a major challenge for policymakers, particularly central bankers who rely heavily on backward-looking data. “A problem with that for a has-been government economist like me is we’re going to look at…
A veteran market strategist believes that a big payoff is in the cards for Mag 7 firms amid a wave of massive AI spending. On Saturday, reports emerged that hyperscalers are looking to spend a total of $655 billion in AI this year, led by Amazon’s $200 billion CapEx guidance. The news triggered a dip across the Mag 7 names as investors worry whether the eye-popping CapEx numbers would ultimately lead to profits. In a new CNBC interview, Ed Yardeni says the investments are being driven by real capacity constraints. According to the analyst, investors are too focused on current…
US job openings have fallen to levels typically associated with recessionary periods, according to new data highlighted by market analyst Adam Kobeissi. In a new post on X, the editor-in-chief of The Kobeissi Letter tells his 1.3 million X followers that US job openings declined by 386,000 in December to 6.5 million, the lowest level since September 2020. Kobeissi notes that the slowdown has accelerated over the past two months, with job openings falling by a combined 907,000, marking the largest two-month decline since March 2023. Zooming out, the scale of the pullback becomes more pronounced as he says available…
The chief executive of the retail-focused trading platform Robinhood believes that AI won’t take over industries where productivity is not the product. Speaking in a new interview on the Full Send Podcast, Tenev draws a parallel between today’s AI debate and a moment from nearly three decades ago, when machines first proved they could outperform humans in chess. At the time, the breakthrough was widely framed as a turning point that could diminish the relevance of human competition. But Tenev says history played out very differently. “Back in 1996, the first AI victory over humans was Deep Blue, IBM’s AI…
Predictions that artificial intelligence will wipe out software-as-a-service (SaaS) companies are being exaggerated, according to Crypto and AI Czar David Sacks. In a new episode of the All-In Podcast, Sacks pushes back on the growing narrative that AI-generated code will make large enterprise software platforms obsolete. Sacks points to long-established enterprise platforms like Salesforce as an example of why the replacement thesis falls apart under scrutiny. “I mean, I think there’s a little bit of a hand wave going on here when people say that AI is going to wipe out SaaS. I don’t think that’s true. You take a…
Fed Chair nominee Kevin Warsh believes that productivity gains, not job replacement, are the real economic promise of AI. In a new interview with Sadi Khan, Warsh says history shows that sustained wage growth only follows periods of higher productivity, and AI may be setting up the next major shift. But he warns that workers and economies that fail to participate in that productivity shift risk being left behind. “Because if we learned anything in economics, what we learned is productivity gains are the predecessor to wage gains. And if you can’t be part of that productivity revolution, then this ladder…
Altimeter chief executive Brad Gerstner believes that some software names will weather the AI storm, but warns that others will likely head lower. Speaking in a new CNBC interview, Gerstner says the recent correction in software valuations reflects uncertainty around long-term cash flows rather than a loss of confidence in current performance. “What AI has done over the course of the last several months… people just said something very rational. I can’t see as far into the future. So I’m going to pay less for the terminal value. I’m going to pay less for those future free cash flows. I’m…