Daily Alpha · YouTube
· Midday Alpha · by Buzzberg Research
Who was talking 32 videos · 15 channels
Frontier AI benchmarks
1 video · 51mGDPx shows leading models near 12% on expert tasks; finance and legal remain hard, so capability is concentrated.
SemiAnalysis launches GDPx benchmark; frontier models score near 12% in high-value domains
SemiAnalysis introduced GDPx with 14 specialist data partners across 11 frontier domains; even leading models score near 12%, and finance and legal remain surprisingly hard.
Equity correction
1 video · 8mMike Wilson sees a late-stage but unfinished correction; semis may fall another 10-15% into mid-November.
Morgan Stanley's Mike Wilson says the June-start correction is late-stage but not finished
Morgan Stanley's Mike Wilson says the correction that began in June is late-stage but not finished; damage beneath the surface is extensive, while semis could fall another 10-15% into mid-November.
Midterm/Fed risk
1 video · 48mDivided government may limit legislation but not inflation, tariffs or a Fed that may still tighten.
Bloomberg frames divided Washington as a risk event, not an all-clear
Bloomberg's midterm coverage treats a likely divided Washington as a near-term risk event: polls point to Democratic gains, but affordability, inflation, tariff/executive-action risk and a Fed that may still tighten remain.
Jim Bianco turns neutral on bonds after six years bearish, calling 5% yields fair value
Jim Bianco shifted from six years bearish on bonds to neutral, arguing roughly 5% yields are fair value with about 3% inflation and 2% real growth; he still sees AI as a real but bubble-like cycle with room to run.
Anthropic's amended S-1 shows $17B quarterly revenue but a swing to operating loss and $900B of commitments
Anthropic's amended S-1 shows third-quarter revenue near $17B, roughly 47% sequential growth, but a swing to an operating loss driven by emergency short-term compute purchases and a large employee-donation matching charge.