Daily Alpha · Substack
· Midday Alpha · by Buzzberg Research
Nonconsensus argues an old-school capex boom explains limited output gains better than AI productivity, while QTR asks whether Nvidia will restate earnings.
Nonconsensus says an old-school capex boom explains limited output gains better than AI productivity
The newsletter asks why, if AI is the single greatest productivity-enhancing technology in history, there are only limited signs of improving output, and offers an old-school capex boom as the simpler explanation.
It challenges daily claims of extraordinary productivity growth from AI.
Source →QTR's Fringe Finance asks whether Nvidia will pull guidance and restate earnings
The post asks whether Nvidia's new leadership will stand behind the company's past financial statements and future forecasts after Jensen Huang's resignation.
It raises the risk that new leadership does not stand behind past numbers and forecasts.
Watch Whether Nvidia's new leadership stands behind its guidance.
Source →Rooster Global expects the dollar index to be pushed up before the PPI report, then reverse lower
With the PPI report due 2.5 hours later, the author writes that 'the boys are pushing the DXY up b4 the take down'.
It is a short-term DXY timing call rather than an equity recommendation.
Watch The dollar index after the PPI report.
Source →