🧠 AI & Cloud Infrastructure

AMZN is strategically integrating its AI investments (Anthropic, OpenAI) with its compute infrastructure. Expect OpenAI to heavily leverage Amazon’s compute, mirroring the Anthropic deal 1.
$ORCL aims to raise $50B in 2026 (debt and equity) to boost OCI capacity, driven by contracted demand from major clients like $AMD, $META, $NVDA, OpenAI, TikTok, and xAI 9.

📊 Macro & Market Sentiment

US demographic outlook shows deterioration: CBO projects annual deaths will exceed births starting in 2030, with the gap widening yearly through 2056 2.
Despite perceived market exuberance, Goldman’s U.S. equity sentiment indicator holds near neutral, suggesting positioning is not stretched for “true market euphoria” 3.
Futures show resilience, holding up well despite the crypto bloodbath 4.
Expect Warsh to tolerate inflation, provided productivity can absorb it; a clear return to the Greenspan playbook 6.
S&P Futures just flipped green, and Silver surged 11%; expect a wild week ahead 12.

$NATGAS is behaving like a meme stonk, a trend observed across the broader commodity space 7.
$XOM is at ATH’s, signaling a major breakout; $150 is likely next 10.

ASML, Lam, and KLA earnings calls highlight a shared bottleneck: fab clean room constraints 5.
Puzzled by the performance divergence: ASML reports strong orders and results, yet Lasertec, whose equipment is typically paired with ASML’s, shows less impressive performance 13.

$ETH hit its lowest point since June 23rd 2025; a significant bounce is expected near $2,100 8.

Regarding the Ministry of Finance announcement on January 31st, while legally sound for the three major operators, I see an ethical failing for those with insider knowledge for a month prior 11.