An investor who accurately called the 2008 housing market collapse believes that OpenAI has once again received a direct hit from Google. In a new podcast episode, Steve Eisman says Alphabet (GOOGL) dipped last week after investors got jittery about its $180 billion allocation for AI CapEx this year. But Eisman says OpenAI should be the one paying very close attention to Google. “The company that should be really nervous about Google’s huge CapEx guidance is OpenAI, which is private. The AI-LLM competition has become an arms race. How is OpenAI going to compete with Google when the CapEx numbers…
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.
JPMorgan sees room for US stocks to climb further this year, but says the path to a true melt-up depends on whether growth spreads beyond a narrow slice of the market. Speaking in a new CNBC interview, JPMorgan Private Bank co-head of global investment strategy Stephen Parker lays out what separates the firm’s base-case outlook for the S&P 500 from its more aggressive bull-case scenario. Parker says JPMorgan’s base case assumes solid earnings growth, but little help from valuations. Under that view, the S&P 500 delivers high single-digit returns, landing roughly in the 7,200 to 7,400 range. But Parker says…
Traders at banking giant Goldman Sachs warn that the sell-off in the S&P 500 is likely to extend after the index tripped a bearish trigger. Goldman’s trading desk says the S&P 500 has breached a key short-term trigger that prompted Commodity Trading Advisers (CTAs) to dump their holdings, Bloomberg reports. According to Goldman, CTAs are trend-following algorithmic funds that focus on market direction rather than fundamentals, and a renewed drop could systemically set off a $33 billion sell-off. If the S&P 500 plummets to 6,707, Goldman says the funds could dump as much as $80 billion over the next month.…
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…
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…