 The following is a presentation of TFNN The Trader's Edge with Steve Rhodes Toll free at 1-877-927-6648 or internationally at 727-873-7618 The Trader's Edge now Steve Rhodes Steve Rhodes More like Jacob Shoup. Am I right? What's going on everyone? Interesting day in the market. We have the dollar break topside well above that magic level that Tom talks about. We're at 105 14 but the ES the SPX futures have also gone up We're nearing kind of a yearly high on the futures there the yearly highs at 46 34, of course We still have a long way to go currently at 45 48 But quite the recovery From earlier this year and so what's up with the divergence usually when the dollar goes higher You get the futures going lower and I think what we're seeing here regarding this Is that even though CPI wasn't phenomenal yesterday? Now there was core CPI core CPI wasn't Wasn't too bad and so I think what the market's looking at is there's not going to be many more rate hikes currently, right? I there probably will still be some kind of hawkish position from the feds at least in September they're not looking to raise rates any further and We might have rates just be a little bit sticky for the next year or something like that as it stands now That seemed to be a positive sentiment for the SPX futures So interesting RTY up 1.47 and Q up point eight four YM Dow futures point six four percent gold Getting hit a little bit with that dollar popping up, but still trading at 931 or sideways today Silver 2291 down copper has made Huge bump today nice little rally at Let's see here Contract trading at 382 right now, so there's another one there was speaking about in the den This is tgb. They're kind of like a mid-tier copper miner to seco mines But some 18% today Huge huge amount of volume on this gap up What's occurring with this is China there? They were going kind of through a deflationary situation and they're decreasing the amount of reserve funds that are needed to be held so that frees up some cash for them and That was pretty bullish for copper So that's that with the news regarding the metals there Light Street crude contract at 90 right now still moving pretty high Brent crude at 93 48 Steel Dynamics 100 Tesla. We'll talk about them a little bit. So moving pretty strong right now 1.64 percent With the cues point eight nine Google doing all right meta doing all right Disney face-palming at 83 bucks still and Apple At one 75 71 again, it seemed that their iPhone 15 release wasn't I didn't have the intended effect that they wanted they also released a How do you call it like I like I guess I guess an advertisement in some way But it was more a public service announcement that a lot of the internet found pretty cringy I guess the goal is noble. They're trying to go plastic-free a lot of their Plants and offices or carbon neutral, but I think the way that they decided to kind of convey that to everyone Kind of made them it was a little bit embarrassing However, that's not obviously impacting their stock at any means one of the big pieces of news today is arm holdings is public So they're a British semiconductor Manufacturer and design company. This is gonna be really interesting. Yeah TSMC kind of investing them a little bit This is a big move by SoftBank to put them out there But it'd be interesting to see how the West kind of rebounds now with Production of semiconductors as we're kind of de-investing out of Taiwan due to some geopolitical Conflict that arises from China It's very funny because this kind of hit China relatively hard Obviously, they've made some breakthrough recently with their semiconductors But I saw a funny bit of news and it's not again really tied to finance but more just geopolitical economics, but The US State Department called China's Excuse me, let me mute my computer here called China's quote-unquote ban on the iPhone over reaction Which I find funny be since we kind of stemming off the flow of semiconductors Which is obviously far more integral to any kind of development in one second. We got a dm here All right, what else are we looking at today? We're gonna pull something else out, but got distracted there. Ah, yes. Yes We've been speaking of crypto a little bit too and it's kind of integration into, you know, the traditional markets It's obviously crashed pretty heavily due to some conversation in G20 about a global Kind of regulatory body for it or regulatory rules, but Deutsche Bank is actually going to start holding crypto for institutional clients So we look here. I got another dm. We'll get to that soon here after I run through this and I think this is pretty interesting Because you get all these these younger bankers, right? Maybe they're like they're fresh out of like Wharton or Harvard or something like that Even the MIT guys are big on this and crypto has been treated a lot like game theory with these guys And I would assume probably a lot and like private equity is treated that way as well In some investment courses that I had in college. We'd run through game theory Regarding, you know diversification of portfolio And kind of things along those lines So adding crypto to it even if the fundamentals aren't really there in essence the price movements are real and The hype around it is real as well So Deutsche Bank is partnering with Swiss crypto firm Taurus and provide custody services for institutional clients cryptocurrencies and tokenized assets The partnership means Deutsche Bank will for the first time be able to hold a limited number of cryptocurrencies for its clients as well as tokenized versions of traditional financial assets that's this is We can talk more about this at a later date Maybe tomorrow and I can write it up a little bit on it and get all the information that you guys deserve out here on the Tokenization of traditional financial assets but very interesting kind of move and I love this New like voodoo finance that they're doing with it The crypto trader trading is not the banks immediate plans. They said but they're aiming to offer this Or excuse me. We're positing offering this the W E F in 2020 and Tidbit for the crypto markets They've struggled to recover from last year's series of collapses at top crypto firms and this left investors with large losses Imprompted lawmakers around the world to call for more regulation. Ethereum is also dealing with some Regulatory issues right now as well and the founder of Ethereum has released a little bit of a conversation on that today He says cooler heads will prevail But we're talking about competing with global financial institutions, so We'll see how that goes for him. I still think out of all of it. Ethereum is probably the most Forward-thinking with their proof of stake as opposed to proof of work proof of stake, you know, you still have large Whales as they call them so people who hold a lot of the float of crypto They're obviously gonna get more from it But the issue that you run into with this proof of proof of work concept where you're solving hash algorithms to create new blocks And therefore new Bitcoin is that it wasn't very equal, right? And what I mean by that is you had large institutions You had large just entities in general even criminal enterprises who were able to invest a lot of money In to the hardware in order to craft these hashes and get more crypto So at the end of the day you you still had a lot of assets developing at the top folks. Stay tuned. We'll be right back Currencies commodities and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe Which is why it's a great time to try out Teddy keg stats tiger 4x report Teddy keg stat breaks down the 4x markets every Monday using his 30 plus years of experience as a trading veteran of futures 4x stocks and options Teddy releases his weekly tiger 4x report every Monday morning with coverage of all the major currency pairs Including the dollar index the euro dollar pound dollar dollar Swiss dollar yen as well as many more And he also has weekly coverage of the crude oil market and the 30-year t-bonds as they both influence 4x markets tremendously When you sign up for the tiger 4x report you also gain instant access to Teddy's 60-minute webinar archive He just hosted 4x strategies and fundamentals. What is behind the tiger 4x report for all the details and to start your 30-day Tiger 4x report subscription today visit the front page of TFNN comm TFNN educating investors You might think that if you want to be successful at trading in the stock market You're going to need a crystal ball after all it's impossible to predict the future, right? Like any endeavor in life before you decide it's impossible get some advice from the experts You might find that it's not so impossible after all for daily market overviews that give you direction on the key indices selective stocks and commodities Subscribe to the opening call newsletter at TFNN comm the opening call newsletter is written by Basil Chapman Creator of the trading methodology known as the Chapman wave the Chapman wave Up-down sequence gives you an edge in identifying price turns finding the peaks and valleys and stock prices get the opening call Newsletter by Basil Chapman in your inbox every day first time subscribers also get a 30-day money back guarantee If you're not satisfied let us know and you'll get a full refund within 30 days of signing up TFNN comm educating investors Steve Rhodes started his trading career as a student almost 20 years ago and the student has now become the master Steve won the prestigious timer of the year award in 2018 and barely missed that mark again in 2019 finishing at number two for the year an amazing accomplishment Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn and he shares his vast amount of trading knowledge Every day in his mastering probability newsletter Steve's award-winning newsletter Mastering probability is delivered every trading day with updates throughout the afternoon sign up for Steve's market newsletter Mastering probability and you'll receive access to seven of Steve's educational webinars Absolutely free at TFNN all our newsletters come with a 30-day money back guarantee So you have absolutely nothing to worry about visit TFNN.com and try mastering probability 30 days risk-free today TFNN educating investors Toll free at 1-877-927-6648 internationally at 727-873-7618 Welcome back everyone We had questions from Zee in the den just asking some of my thoughts on the closed-door talks at the summit about AI and its potential impact The first thing at least on it. I suppose my opinion is I really wish That there would have been a portion of it that was open committee that we could have listened to I think this impact has like wide-scale implications for all of us And I think even more so than past kind of emerging technological ages have had on the populations Because this this goes so exponential you see like AI in some theories can like develop on itself and the implications it has for daily tech I mean eventually what you can end up having is that most people don't know how anything works, right? So you kind of create these large classes different classes of citizens You know and I I bring it up too. I was thinking one day. I've told the story before but I was thinking one day. I was reading Or I saw like a short on YouTube About a tool that loggers use to move logs and someone was saying they quoted Archimedes You know about fulcrums and I was like, you know, this isn't a fulcrum Whatever I was kind of thinking like mechanical principles and stuff like that and I started thinking, you know when I was a kid You know, we had like the the seesaw right and that's a fulcrum concept and these and just a bunch of different little You know, I won't say toys but out like outside activities and kind of in a way it conveyed Mechanical principles on the younger generation right through play and they would later learn You know the theories in class or something like that, but a lot of kids nowadays I mean these things still exist, but it's so tech heavy But if you ask someone, you know, how an iPad actually works like where's it getting dated from? How is it storing the data? How does it show you these images on it? graphical user interface is so advanced now that you know common person can kind of Utilize these really complex algorithms and stuff like that And I think that's worrisome in a lot of ways Because again, it just creates two classes of citizens ones that are very ignorant of how things work In the common world and in tools that are used for everyday kind of operations And then obviously a group who know everything about it and there's a there's a power dynamic In congruency there, which I think is a problem with AI Obviously this kind of compounds this risk quite heavily I would say a lot of people still even understand how like the language models work, right? Which I think is super necessary Elon Musk said this is one of the famous bits of news come out that AI poses Civilizational risk if it is not regulated properly, which you know, this is valid. I mean we're seeing how AI Is being used in warfare applications. It's already extremely advanced and you know, we're just at the cusp of this I mean imagine when computing gets even better than it is currently You know AI will be like a you know, it's hard to kind of really Articulate how Insane it could be I would suppose. I mean I even saw something recently and this is I wouldn't even consider this truly AI but they developed like rifles and You shoot these rifles and you can move it on the target and it and it hits it the bullet itself will curve and make small Minor adjustment adjustments. This is obviously quite a big force multiplier and again I think it's that kind of power dynamic and currency that occurs with stuff like that So I think the takeaway that Congress had is there's going to need to be pretty tight Legislative work with industry in order to one make sure AI There's opportunity for AI to be developed but also being able to reel it in a little bit as well And you know just for the benefit of everyone and so it doesn't get out of hand One of the other things that Elon said and this is where you start getting into the more like the businessman aspect of things He was kind of taking a jab at open AI Saying you know the name open AI Confers some kind of like idea about how they operate and the idea was that they had open source Everyone could see this AI right and this was supposed to be very equalizing where anyone could get access to the back end of this AI See how it generates its answers Know that there's no manipulation whatever and now with Microsoft coming in and investing such a large amount of money in open AI Elon Musk said there's a threat that they could You know he suggested he's an outright say it But there's potential for there to be manipulation there and then also at any time Microsoft can pull the plug on it now This is coming from a guy who's also in the midst of making a language model AI that's going to compete with with Microsoft and Chad gpt for so you know you got to take that with a grain of salt and he's always on that mode So anyways, I think it's good that they had this conversation. I really would have liked to see Or you know at least have a recording and you could do You know some communications and skiffs like they've it is sensitive for you know national security or whatever Yeah, that's that's my two pence on that. It'll be interesting to see how we go forward and really as it stands now The consumer end for AI is nothing compared to what they have on really high enterprise and you know kind of military time with that That they that AI is kind of probably beyond a lot of comprehension for the average person You know just because we are not used to that kind of stuff I always take two and I'm gonna stop harping on this now because I know I'm just rambling at this point but I always think about the story with what GPS was right and how the military had GPS For years prior to it moving to the consumer market and then the GPS that we have currently Is you know lagged a little bit to military data? So you know you think about that in a realm where? Computing has gotten so much more advanced but more expensive so only large entities can really afford that level of computation and Yeah, you can your mind can kind of wander with what kind of tech they really have and it'll trickle out You know as it becomes either phased out or they get better things and then they'll move into the consumer market anyways Kind of on the tech conversation We were talking about how MGM studios got attacked by a cyber ransomware group and this is some It's a little word of the wise Caesar's entertainment ended up paying the ransom So what happens is they lock all the encrypt all your files and yet that there's a button You can go and pay the ransom and once that's confirmed on the blockchain you get a key and that Decrypts all of the files You don't ever pay the ransom that is the worst thing you could possibly do in any situation Okay, so in this case Caesar's entertainment were able to decrypt their files Which is fine, but there's a again this famous story of before Russia invaded Ukraine They launched a ransomware Virus called not Petia right and it was the same concept They're trying to make it look like it was not state actor So it had the classic details of ransomware words like okay click here pay me ten Bitcoin or whatever and we'll decrypt all your files well in reality there was no Decryption key because it was something military and there was no, you know, it wasn't just like a general Criminal gang interested in getting money And so you always run that risk when you're paying ransoms that there's actually not a decryption key and This payment in my opinion was probably done a little bit due to ignorance on the part of some high-level execs at Caesar's That's not said in this but that is that is the mode of operations You don't pay them and furthermore when you end up paying something like this What you're doing is putting a massive target in your back that look I can be extorted And I'll you know go along with what you're saying if you get in and I'm sure it was not difficult for this group to really Put this ransomware on the computer So anyways, that's an update on that. There's a lot of money lost in this as well So folks stay tuned we will be right back old report As a precious metal gold is still king It continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the London OTC Market the US futures market and the Shanghai gold exchange the gold report Tom O'Brien publishes his weekly gold report every Monday morning for subscribers consisting of coverage of the XAU HUI GDX the dollar bonds the South African Rand as well as 25 different mining equities with specific buy-sell recommendations the gold report New subscribers get a 30-day money back guarantee so you have nothing to risk Subscribe to Tom O'Brien's gold report newsletter now at TFNN.com Sharpening your skills as an investor is like getting better at playing a musical instrument You have to practice sure, but you also need excellent instruction from experts at TFNN You'll get advice and guidance from the authority and technical market analysis And it's not just dry tedious text either TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV Live every market day from 8 30 a.m. To 4 p.m. Eastern for free each host is an experienced trader and gives their take on the market while taking calls and questions live from around the World from the moment the market opens until the closing bell sounds Tiger TV has eight different shows with expert hosts To help you make the right moves with your money watch online at TFNN.com or on TFNN's YouTube channel and become the investor You were born to be TFNN educating investors TFNN has just launched their new trading room the Tiger Zen hosted at discord TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours And now they are expanding their reach with the Tigers Den available to all Tigers and Tigresses for just one dollar for the year There's no catch or added costs when you join our community of traders in the Tigers Den you can look over the shoulders of Tom O'Brien and the other TFNN hosts while they Analyze charts during their live Tiger TV programs and join an interactive trading community with hundreds of members exchanging ideas Interact with other Tigers and Tigresses as they share trading ideas news analysis and discuss the market action all trading day even at night And on the weekends the Tigers Den at discord is accessible on mobile or tablets as well So it's always at your reach to sign up today and become a part of this educational community of traders Just visit the front page of TFNN.com Don't forget you can listen to TFNN live on your mobile device 24 hours per day go to TFNN.com and hit watch Tiger TV That's TFNN.com and hit watch Tiger TV Welcome back folks. Take a look at Chevron right now. They haven't been hit Hard at all by this news, but it's still somewhat interesting what's going on There are strikes at their LNG Australian plant So the Chevron corporal qualified natural gas plant in Australia's reported a production outage Thursday as Workers escalated a strike action against facilities that provide more than 5% of global LNG supplies and at these facilities 25% Output decrease has been seen due to these strikes The US energy giant said in a statement that is working to resume full production at its Wheatstone facility Following a fault which has impacted about 25% of LNG production The cause has been identified and restart activities have commenced Chevron's Wheatstone and Gorgon plants in Western Australia state account for more than 5% of global LNG and that's a lot of leverage for these strikers However Chevron did not link the disruption to an escalation Thursday and its strike at its Wheatstone and Gorgon LNG plants around 500 workers The Chevron sites have been taking limited strike actions since September 8th. Hence this kind of You know downward motion we hear where are we at right here this kind of sideways movement Regardless They're saying it's not that And they'll probably resume production But pretty interesting news again. They haven't really been hit at all hard today. They're just kind of sideways But we're seeing strikes go on a lot of places and in that realm as well. We can talk about Some of the jobless claims going on so a lot of the issue that's happening is you had like rising wages The Fed was trying to depress these wages and also increase unemployment in order to cool off the economy This obviously can peave off the smaller people And so you're seeing a lot of striking to for higher wage growth as inflation is raging It's such a weird, you know double-edged sword right because you depress wages and this really affects the common person And you're depressing these wages at a time when prices of everything else are rising So you get this pretty disgruntled kind of energy that occurs from it and with this Associated Press article It says applications for us jobless benefits have ticked up only slightly So the number of Americans applying for unemployment benefits last week ticked up modestly after falling to the lowest level in seven months The week before as companies continue to retain employees despite the Federal Reserve's efforts to cool the economy U.S. Applications for jobless claims rose by 3,000 to 220,000 for the week ending September 9th The Labor Department reported Thursday jobless claim applications are seen as a representative of the number of layoffs in a given week Of course the four-week moving average of claims is less volatile measure fell by 5,000 to 224,500 The Federal Reserve is well into the second year of its battle against inflation having raised interest rates 11 times since March of last year At 5.4 percent the feds benchmark borrowing rate is at its highest level in 22 years The feds rates hikes are meant to cool the job market and bring down wages, which many economists believes helps ease the pressure on price growth Yeah, like I said, that's just it's just a tough spot for a lot of people. Yeah, because you're just making it in the inner, you know In the short term right and on the short term, I mean this could be like a few years You make it actually more difficult for people to consume things and we are Seeing that as a there was a poll that was developed and a lot of Americans think that they're gonna have to reel in their spending There's this article to they'll talk about just after this But you know childhood poverty and income decline is popping as well especially after the coronavirus pandemic benefits ended and I just You know, I wonder I was reading this article to that the bank of it was about the Bank of England and how They admitted they had made a pretty big mistake in increasing the money supply as much as they did and In some capacity they're saying that has to do at least with inflation in some capacity And you know a lot of spending It's done by larger corporations and stuff like that and it just seems that Smaller people can get hit a lot with that right? It's kind of hard to blame like your average American consumer for the level of inflation that's occurring especially when they're just trying to secure a job have a job and You know make more money can't really fault people for that, but that is the nature of things currently So we'll see how that develops out See if I can pull this up You just click it here. I had this article. I was gonna speak about it yesterday, but I just I ran out of time But again looking at like how the average American consumer is doing You know versus the stock market or anything like that This Associated Press article saying the child poverty in the US jumped and income declined in 2022 as coronavirus pandemic benefits ended So all the same time the official poverty rates Black Americans dropped to its lowest level on record and income inequality declined for the first time since 2007, which is great When looking at pre-tax income however the income inequality increased when using after tax income Which is another result of the end of pandemic era tax credits according to the Census Bureau reports on income reports reflected at sometimes conflicting factors last year buffeting US households workers face a robust job market and With the number of full-time employees increasing year-over-year the share of women working full-time year-round Reaching an all-time high and an increase in income for households run by someone with no high school diploma but they also face rising inflation at the end of the Pandaric Emma excuse me and the end of the pandemic era stimulus benefits. It's interesting too though You know I I speak with them I have some friends who are in you know like fabrication And welding and stuff like that and I know is bringing up one who worked for a company that They they they keep methane under high pressures in these containers and he welds for them and You know they they can't get enough people they Need to hire more they're pushing out They're kind of complete dates by years at this point And so it's just this we have this strange hodgepodge of everything going on in the economy right now And it's like how does it end is something as simple as trying to depress wages and You know increase unemployment is that? You know the most how do you say like I suppose efficient way of doing it Is this like the actual correct way of doing it? I know from taking a lot of economics courses that it's you know These equations are very simple and stuff like that but the world is always so much more complex And so I wonder we're going forward. We'll see a revision of how You know the Fed kind of deals with inflation and obviously I don't think that's going to be any time soon whatsoever But I think the world is so vastly different now And with the rise of you know really of globalism in a trade in like a major way We're really seeing an increase in that even though we have since you know the 80s. It's been really solidified as pretty standard And just demand for things is very high so You know we'll see how that goes But we were also talking about how factory input or excuse me output is decreasing and really for reasons like this as well As some decreased demand from China Anyways interesting to kind of muse about Some new news as well a new IPO valuation will be Birkenstock That's coming out of Germany as an eight billion dollar valuation. I I don't know what to think about this. I'll have to look a little bit more and I mean I wear Birkenstock's I'm wearing them right now. I think they're like very comfortable shoes, but I always get a little bit nervous about companies that have really just kind of one line of I guess of products, right? I mean you look at Nike, obviously They're very well known for their shoes, but they've really become a standard apparel company Overall, right? They have so many different lines of products and Birkenstock's, you know, they're great with their designs But I don't know. I just these kind of Stock options never really interest me, but we'll talk just a little bit more about that when we get back and folks stay tuned for that You might think that if you want to be successful at trading in the stock market You're going to need a crystal ball after all it's impossible to predict the future, right? 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So it'll be interesting. I I think if this does come out I don't obviously this is probably not a high growth stock at all Especially for really like one major line of product, but it might hold its value pretty well We'll take a look. None of the data is up for arm right now and I wanted to look through it and kind of go through How ipos usually work because And it's this is again. This is another we had a Unit on this in one of my investment courses But I mean, you know, you don't need college to know any of this But you always see these really wild movements with ipos. Obviously it starts it runs all the way up Then there's a big sell-off and you kind of get this stabilization price for quite a while until Some new news comes out from it Give me one moment So, yeah, we'll talk just a little bit more about arm. Um, just some more specifics on it How does the initial value of 54.5 billion for its ipo? Was priced at 95.5 million shares at 51 apiece Which is the high end of its expected range of 45 to 51 The ipo raised nearly 5 billion for majority owner soft bank, which is pretty intense and they own 90 percent of arm stock Now this is strange as well because navidia offered to to purchase arms last year and the valuation Of its ipo is 36 percent higher than what navidia had offered Uh, and also the revenue dipped Last year as well or excuse me, um In his file, uh, I can't speak and it's fiscal 2023 Ending march 31st and that's from weak smartphone sales. So, you know, it stands to see what this is like Well, there's been a lot of talk that this valuation might be a little too high And as we like I said as we usually see with ipos you get this huge price run up Because of the hype and then people trying to fight uh for that sell out So we might get some kind of situation In around that 45 that lower end of the analysis. So Well, see I can't wait for that data to come out and i'm not really sure why it's not pulling still Um regardless We'll talk here About tesla So this is uh pretty interesting news here They have these giga factories which are massive like one-stop shops for everything and they work on a bunch of different Kind of components of these kind of smart cars almost Uh tesla has combined a series of innovations to make a technological breakthrough that could transform the way it makes electric vehicles And uh help elan musk achieve his aim of having production costs The company pioneered the use of huge presses with 6,000 and 9,000 tons of clamping pressure To mold the front and rear structures of its model y and a quote And a quote giga casting process right on that slash production costs and left rivals scrambling to catch up And a bit to extend its lead tesla is closing in on an innovation that would allow it to diecast Nearly all complex under body of the ev into one piece that would be really huge and if you've never seen these diecasts you should check them out that's the Like fabrication process just for these like random little bits that you don't even think about that Maybe go on your like lawnmowers and all these kind of deals. They know they use die casting Um, and they're just these large singular molds very expensive ip as well They keep these kind of designs very top secret, uh, which I think is pretty neat So die casting the entire you know, how does it say? The the under body of the ev in one piece is pretty nuts And then yeah rather than about 400 parts in a conventional car that would obviously increase uh output substantially The know-how is core to teslas unbox manufacturing strategy unveiled by chief executive musk in march I think is neat and really, you know, I think that You know elon musk obviously lives in people's heads rent free and everything But he does have a lot of interesting solutions, especially with like some extraction from lithium He wanted to be more in charge of that. I like his idea At least for tesla of kind of having the whole supply chain If he doesn't control all the but at least have his hands in a lot of it And he came up with some novel ideas for getting lithium, right? That would be a little bit cheaper as well and I spoke about that. I think last year So anyways, I think this is really neat the 3d printing is this is neat as well There's another car company. I forget the name of it But they are using generative ai to design lighter weight and more efficient Um components within the car. So the engine itself actually, let me see if I can just pull it up Let me see here And it's so weird because the human mind is, you know, obsessed with ideas of like symmetry and everything like that Um, okay, here you go Is this right? Yeah, the zinger 21 So this design for the internal this is like a supercar, of course But this was designed using generative ai And you use less materials and Essentially, it's much stronger as well. This kind of design is more efficient. I just think that's pretty neat in going forward I mean, what a what what like a just fantastic concept. I think Anyways, this is the cool thing with ai right like it pushes the Kind of more instinctual limits Or the limits that instincts impose on humans it kind of like gets us out of that which I think is is pretty neat So if this die casting works, I would love to see how that works But I I again think that will probably be kept under a pretty strict Control on a need-to-know basis really we were talking a little bit about shrinkage and how a lot of retailers were blaming theft essentially on cuts into revenue Then this article we came through was saying, uh These quarter this quarterly release around Was just referring to shrinkage and what that has to do with is it could be administrative errors It does include shoplifting But it can also include damaged products and so on and so this article here is saying the retailers are losing 100 billion a year from return Fraud bots and coupons stacking. That's not really theft. I mean return fraud is theft in You know, obviously a legal way, but it's not, you know, running in breaking cases and taking everything Now the key points on this is the anti fraud company risk a field Pulled 300 global companies and found losses for policy abuses and this is administrative issues really at the end of the day Such as return fraud and coupon stacking or costing retailers 100 billion annually In one case just 4 000 users created 137 000 fake accounts to take advantage of a discount code. Wow Again guys smart it you got to have smart coding practices there Resulting in 14 million annual losses one survey respondents said they would rather have a customer break into their warehouse and steal an item Then order it and return it because the returns process is so long and costly Uh for the last three years this individual named robert had used a different email address to take advantage of a black friday hulu promotion That most recently offered new customers a year-long subscription for just $199 a month instead of $799 a month in cost Yeah, and a lot of times it's as simple as that. I mean, wow, right and what a gross oversight Um administratively speaking folks stay tuned. We will be right back If you're looking for potential trading setups in the stock market then rocket equities and options report is a newsletter You should try tom. 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Uh, we were at the end of this show About two and a half minutes left. So we'll talk a little bit. Uh, this isn't a scientific article or anything like that But it kind of ties in a little bit and it's also funny the endpoint of it So this is the shipping giant maersk unveils world's first vessel using green methanol Interesting the new container ship ordered in 2021 has two engines one move by the traditional fuels and another run with green Methanol an alternative component which uses biomass or captured carbon and hydrogen from renewable power Uh, the new vessel emits 100 tons of carbon dioxide less per day compared to diesel bay ships interesting Um, so yeah, there's you know a big moving towards uh, just also reminded me as well from that, um That apple kind of public announcements. Um, that they're no longer shipping with air. They're they're using uh, see now because it's apparently greener Um, but on this point, I there is these discussions going around about ships instead Using what they're calling high tech rigid sales and so time is really a flat circle and we're getting back to the age of sales if this Cuts through there's just a retic again in interest in it But seeing the ideas of what they're again calling high tech rigid sales Is hilarious and maybe we'll get some cool letter of marks from that and the the age of piracy will come back or something But uh, interesting nonetheless, uh, but this green methanol Obviously this output is far superior Uh, than just burning traditional fuels shipping accounts for around three percent of global carbon emissions An amount comparable to major polluting countries. However decarbonization, excuse me decarbonizing the sector has been challenging uh, Denmark's minister of industry morten butzkov said this is because uh, it is a global industry This is interesting to do because I was just talking about Um, that virus that the russians released on ukraine, not petia and maersk actually got affected by this if I recall correctly Um, and they had uh anyways, that's kind of irrelevant But I thought it was interesting that this story involved maersk as well Around 90 of traded goods in the world are carried via ocean shipping According to the organization for economic cooperation and development. So folks focus on let's manifest the age of sales again I think that would be a phenomenal not for the environment But for life's lore as well. Thank you so much for joining me We have larry up at 1 p.m. And then tom will bring us home At 3 p.m. Thank you so much