Following the sharp decline in July, capital has flowed back into rallying assets, causing the U.S. stock market's "fear gauge" to plummet, yet Wall Street is growing increasingly cautious.

The strong rebound in U.S. stocks has created a calm illusion of sharply declining volatility, but Wall Street is sounding the alarm: the options market is showing "biblical" levels of bullish distortion. Beneath the surface prosperity, market positioning structures are extremely fragile. With NVIDIA's earnings report and the central banks' annual symposium approaching, any external catalyst could trigger a severe one-sided storm at any moment.

wallstreetcn34minutes ago

Google's AI division under pressure: From founders stepping in to oversee operations to a major DeepMind restructuring, can Gemini break through?

1. Constraints on computing power and internal disagreements have hindered the iteration of Google's large language models; Google co-founder Sergey Brin has taken direct oversight of Gemini and is betting on recursive self-improvement technology. 2. DeepMind has experienced executive departures and a restructuring of authority, resulting in diminished research autonomy; its strategic focus has clearly shifted to regaining technological leadership in large language models. 3. Amid intensifying competition, Google is scaling back derivative projects and concentrating resources with the aim of reclaiming its leading position in AI large language models.

cls.cn50minutes ago

Cerebras shares plummeted 16% in after-hours trading following its earnings report; the path to challenging NVIDIA remains fraught with challenges.

An AI chip the size of a dinner plate, integrating trillions of transistors, is Cerebras’ core asset in challenging NVIDIA. The company is betting on reducing chip interconnects and lowering HBM costs, with plans to expand manufacturing capacity tenfold this year, but the market remains waiting for it to prove its commercial viability.

Golden10 Data11:45

Michael Burry Smells Trouble in the Market's Unusual Calm: 'Big Short' Fame Investor Has a 'Trick' to 'Avoid the Folly'

'The Big Short' investor Michael Burry Wednesday said the stock market's unusually long stretch without a broad-based selloff is a warning sign that a reversal could be building beneath the surface.

Benzinga10:29

The Crux of Jensen Huang's $500 Billion Gamble: Can Chips Overturn the Iron Law of Depreciation in Tech Products?

This bold wager involves securitizing receivables from AI chip leases to create a new class of financial assets. The core rationale is that chip demand, driven by the AI boom, will keep chip prices elevated for an extended period.

wallstreetcn10:23

Earning $100 Million This Year! It Pays More to Be a Top Influencer Than a Big Short

Michael Burry’s paid newsletter, “Cassandra Unchained,” has surpassed 300,000 subscribers in its first 231 days. Based on an annual subscription fee of $379, this implies a theoretical annual revenue of approximately $113.7 million. Meanwhile, the AI and semiconductor stocks he has shorted, including NVIDIA, Micron, and AMAT, have surged significantly this year, with Micron’s year-to-date gains reaching 697%, placing considerable pressure on his short positions.

wallstreetcn08:23