Seems like someone in the white house is listening to all the media rhetoric about there being an AI competition between the US and China.
Labubus, obviously.
The real question is whether SEGA or Phil Collins's label will sue first.
Much of the DOGE commission's responsibility had been moved to the Office of Personnel Management (OPM) for the past several months. See "DOGE 'cut muscle, not fat'; 26K experts rehired after brutal cuts" by Ashley Belanger
It needs to be profitable because it needs to generate enough economic activity directly (in ticket sales) or indirectly (by increasing taxable income) to produce/expand/maintain the system.
Investor momentum is shifting, and smart money is chasing startups like Commonwealth Fusion Systems and Helion (among others; however, they seem to be the front runners).
Renewables are and continue to be one of the most expensive power generation options on the market (I keep looking for signs that that has changed, and I see nothing on the market today that tells me otherwise). Even novel fission technologies such as SMRs MSRs threaten it from a cost angle (ignoring regulatory costs, which is why MSRs in particular seem to thrive in environments where regulations are non-existant or are "flexible"). Working fusion reactors would beat everything else on the market on a cost basis and could plug right into the grid, no problem. Fabricating the reactors may be expensive initially until economy of scale kicks in for individual parts, though honestly if you think companies for CFS and Helion haven't already addressed that in some fashion, I'd say you're nuts.
Keep your eye on Commonwealth and Helion. Things are changing.
Nobody's really brought a radically more cost-effective energy source to challenge fossil fuels. Nuclear and renewables have their advantages, but cost isn't yet one of them.
If you follow the markets day-by-day, crypto often follows the market, at least when it dips. The swings are different and the magnitudes are different which is why you see the different deltas from ATH. But the stock market is definitely not using crypto as a leading indicator as stated in the summary.
The IBM 2250 is impressive ... if you compare it with a system selling for a tenth its price. -- D. Cohen