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Monday Market Open
Dear Champion,
Man OH MAN. What a day to be breathing.
I hope you had a great weekend, won a few parlays in March Madness, had a few drinks with the boys, hit a new PR in the gym, asked him/her out, took your parents out to dinner, or whatever you did.
I am excited to share some intel with you, we got - Apple’s acquisition of DarwinAI, Trump Media news this week, and GameStop earnings.
I hope this gives you a head start for the week. We got more content cooking for you, so keep refreshing that inbox.
Have a hell of a week,
(Also - Reading this while listening to any song on this⚡ album ⚡ just hits harder. You’re welcome).
Market Indices & Commodities
| Gold | $2,179.00 | +0.67% |
| Copper | $4.02 | +0.26% |
| Silver | $24.74 | +0.43% |
| NASDAQ | $16,347.52 | -0.49% |
| S&P 500 | $5,219.56 | -0.28% |
| TSX | $21,982.75 | -0.01% |
| CSE Comp | $198.02 | -0.24% |
What happened?
The Recap of the Week
Trump Media will go public, a Truth Social/DWAC merger 📈
Reddit finishes first week of trading🔥
China blocks Intel and AMD chips in Govt. computers📰
Pelosi buys $5m of Databricks, a privately held company 🫣
Boeing CEO steps down amongst quality issues📰
Graph of the Day
Lithium Consumption by Brand
News
What on the Horizon?
Monday - Keep an eye on the newly formed Trump Media🧐 (no crazy earnings today).
Tuesday -⚡Gamestop and McCormick earnings.
Wednesday - Crude oil inventory plus Carnival Cruise Line, Jefferies, and Cintas earnings.
Thursday - Walgreens earnings and US home sales.
Friday - Markets closed for Good Friday.
⭐I could see this being Robinhood’s highest volume trading week so far this year with Crypto, Reddit, Gamestop, Trump Media, and more. Trump Media is a merger between Truth Social and DWAC.
The Secret Sauce
Apple beefing up AI
Fellas,
Maybe you heard that Apple acquired Darwin AI, a Canadian based startup that focuses on, hmm, - “visually inspecting components during the manufacturing process”.
The company also specializes in “compact yet powerful AI that sits completely on board, so that data can be processed in real-time on a device,” - Alex Wong.
Quite (very) simply put the company specializes in manufacturing processes improvement and making AI models more compact/efficient. Maybe I will do a deep dive later.
After the acquisition, Darwin’s X account and website went offline and not a ton of info is out there about what they “do”, but I guess this is a part of Apple playing chess not checkers.
The Darwin team (<50 people?) has joined Apple’s AI team.
One of the big G’s that was the Co-Founder of DarwinAI has become the director of Machine Learning at Apple, and let me tell ya, this dude is worth watching.
^The average person next to interview after you
Okay, but how does this benefit Apple?? (good question)
Apple’s IOS 18 will be coming out in September. Rumor has it that this will be a hugeee IOS update - full of AI.
Rumors about Siri becoming cracked, iMessage improvements, custom design changes, shortcuts, and a lot more that I wont go into until more info comes to light. It seems like Apple isn’t in the front row (relative to other big tech companies) as far as AI advancements, but I have a feeling that won’t be the case at the end of this year.
Darwin’s visual inspection technology & efficiency/compaction improvements will certainly benefit Apple’s AI push this year and in more years to come.
Excited to watch.
Let’s let Tim Cook…
Thank you
That’s all Folks
Hey, thank you for checking out Monday Market Open. Keep an eye on your inbox for more Alpha coming your way this week.
Cheers,
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