Avsnitt 586 - Var ska AI stålarna in härnäst

0:00Erik Strömstedt:Just what is it that you want to do? We want to be free. We want to be free to do what we want to do. And we want to get loaded. And we want to have a good time. And that's what we're going to do. We're going to have a good time. We're going to have a party. We'll be right back.

0:45Sämre veckor efter att ha haft en mega period. Blivit girigast i stan. Draget upp Sizen. Fick man en liten käftsmäll förra veckan. Då fick du något FDI-besked där. Så du bara gick runt och dansade på kontoret. Nej men det var väldigt roligt. Vilket bolag var det? Unicure. Vi har pratat om den i podden. De sparkade FDI-chefen där. Då trodde man på lite förändring. Jag köpte aktierna för två extra. Sålde för en vecka sedan. Och sen några dagar senare så kom det ett superbesked. Allt det som vanligt. Så det får du berätta lite om. Jag tänkte prata lite om BTA-handel och lite tekniskt rätter, BTA-er.

1:23Det är lätt att det blir snurrigt. Sånt har jag suttit och handlat. Just idag har vi lite AI-frossa. När vi släpper avsnittet kanske det är AI-fest. Det känns som att det är en gång i varannan vecka kommer någon AI-frossa. Ja, exakt. Nu tror jag att det kan hålla i sig lite. Det var oväntat att han hittade någon. It has not come from any place Even though I think it has not reported It's really about the reason It's not No, so it's going to talk a little about We'll talk a little about SpaceX We have footballs-VM It's summer-burs You have a little more sparing Oil, crash on the road Fed-chef, so you're going to talk about We're out and talk about We're out and talk about the first time There's a little bit of a meningar om räntan ska upp eller ner.

2:12Dollarn är på väldigt högt. Det var under 8 eller under 9. På 8 någonting. Nu var det 9 ,87 tror jag idag. Så det har verkligen rört sig där. Så det blir lite bolag, lite sommarbörs och lite makro och sådär. Det blir spännande. Och i slutet avsnittet så har vi intervju med TalkPoll som är tillbaka. De fick ju även en stor order igår. Passande nog. Det var vdn på besök. Erik Strömstedt. We talked about him about the future and the future. So listen to the end of the episode. It was really cool that it was in the same way with new things. Yes, we'll go.

2:56We have with us Robomarkets. Today is full action on the US. We have got an AI-requil. You have Micron, SanDisk, Nvidia All of these minnesbolages And they with AI-wrapped They are very much They are very interesting to handle Via Robomarkets You can both go long and short You can go long on ISK With a dollar And then you can even Kortize the actuals Today is it a little more Fart on the side Yes, exactly Precis. So if you want to get a good explanation of this and trade it here, so it's a Robomarkets super good to be able to do. Yes, and then we also want to tips on their podcast 4 minutes to Wall Street.

3:46It's maybe even harder to hang with when you're on playa or you're on semester. Then you just want to slow on the AI-summering. What's going on? How will open the budget before the USA opens? So you'll have a little bit of a It's a great recap Info USA opening every day To get a Blueprint on what's happening It feels like when it's Even more in Sweden It feels like that USA has more For the future, because there are not a semester So we do And not at the same time So there it is It's easy to handle Europe via them And USA And then you do it very easy Via Robomarket so you can do it on TradingView-plattform.

4:30Stort tack Robomarket! But remember, investering in your risk and it's not sure you'll get back your investment capital.

4:42Let's start with a little BTA-handel. Betaled, tecknade aktier. Have you had any so? Yes. That's when you do a new emission. so that the ones who have taken the new emission will be BTAR or BTUR and then it's the normal market

5:04I was talking about it I had a little bit here in a company called Wild or Wild which was on with a lot of mini-satelliter which would have been super-hatched but it didn't really go well for them ekonomously so the kurs has always gone down now they made a company of a company and have, if I have been right, sat the satellite on drone in the power of so that you can get better coupling or do it on a different way. And they have got a pro-order from the ukrainian military. But it was special here was that they took in the money on 15 hours. And then came a little Ukrainian-newscape here at the time.

5:46So the aktien went to 5 kronor. I think that it was up 10 000%. That was a lot of Unheard of And then people Teckned their emission on 15 kronor Aktien står i 4 kronor And then it was two En BTA Between 30 and 40 kronor And then it was the normal Vild-aktien I 4 kronor And then it was Tyvärr many Stackare Who bought the normal Aktien on 4 kronor And then Igår So Man slår ihop That to the end So that all Alla som har tecknat emissionen får till slut vanliga aktier. BTA-aktier blir vanliga. Det här är verkligen ett tips till folk. Titta, vad finns det för aktier ute i din aktie? Har du något som handlas 90 % ner då kommer du troligtvis inte vara framgångsrik om du långsiktigt köper stabbaktien, den vanliga.

6:40Igår slogs det här ihop och så gick det från 15 miljoner aktier till 150 miljoner aktier. Det kommer ut jättemycket nya. Det kommer att vara samma i intrum och liknande. There has the price already gone up. But then opened Wild from 4 kronor in 40 hours. The BTA stunges on 30 hours. Many had done a fine win. I ate so many BTA and thought I hope it opened up on 2 kronor. But it does it never happen. You're sitting and dreaming on helgen. People have a look at it. It's a bit special in this case. that often it can be so that the normal stock market doesn't have anything and so all the stock market is in BTA for there is a lot of new stock market to a higher price but it was a completely wrong stock market in the normal stock market so I think it was a stock market for 60 million and the stock market is quite little it was worth 100 million when it was gone when it went down here on 40-50 but now it has been I bought it again, I bought it a little here when it opened in the classic how do you think mannen på gatan.

7:46Här är en aktie som är 90 % ner. Den måste jag köpa. Så jag tänkte likadant som dem. Köpt ännu mer på 40 öre. Handlade runt en lite. Har nu sålt ur mig här och får se om jag återkommer. Den handlar väldigt starkt. Jag tror att den var uppe i 70 öre. Så den har gått från 40 till 70. Men stod ju då i 4-5 kronor här. 3-4-5 kronor i förra veckan. Så det här måste man verkligen hålla koll på. I större aktier så finns det oftast aktielån, blankning, hedgefonder då blir det inte sådana arbitrage men när man är ute i småskogen på de mindre listerna så finns det helt galna sådana här rörelser och oftast finns det ju om det är emissioner, det kan komma garanter vi såg i Obducat, det bara dyker upp flera miljoner aktier som någon har köpt billigt vi ska komma in på Sivers det kommer kanske dyka upp en sån situation där också så att man får hålla koll på det här, då finns ju till exempel nyemissioner.se får man ge en shoutout where they write about all emissions and prices.

8:45There are many interesting places. Then you have to pay attention to the company you own and handle. How does it look like the company's market? Who can people convert? Will it come new markets? It's about having a tongue right in the mouth. Really. We'll go over to AI-fross. I'm going to go over to the first time. I korted Sandisk on 1500. I stunged it flat for two weeks. It seems like now I'm going to look at it at 2.200. I always think that when you look at Sandisk, which is the most important example of that it needs to be a-I-svênged, I always look at how much it is up on a year.

9:25Erik Strömstedt:Let's see if I can't say it. But it's up to 4.000 % on a year. And this is a company with hundreds of billion dollars in the value. This is not Vyld or any other company. I year is Sandisk up 857%, 4 ,700 % on a year. What is it that has now made these companies to pause a little now? The company is up 53 % on a month. So that's a real deal, it doesn't even notice. No, but it's not that they are up so much. The company is down 8 ,5 % on the market. All the company, Minen, Korea, you name it. Exactly. They have gotten a little pause today. It's super natural. Taiwan-börsen, Kospi, alltså sydkoreanska börsen gick ner väldigt mycket i natt.

10:12Den har ju gått fantastiskt bra så det är ju inte heller... Trots nedgången på 9 % i natt så är Kospi upp 91 % i år. Det här är alltså en börs, inte en aktie. Det är det stora aktieindex. Samsung som man kopplar till TV-apparater har ju också blivit en av de här minnesvinnarna. De, Esco, Hynix, Micron och Sandisk. What say our AI Bessar-kille? It came a little bit in In the helgen It came a little bit Of course The companies have Suged at very much capital From the rest of the market We can see All All has gone bad And half-ledare And AI has gone bad But it started to come A little konkurrens Frossa That comes in the helgen Kina släpper ett bolag som heter ZAI släpper en modell som heter GLM 5.2 och den går liksom direkt upp och hamnar nummer tre på det här intelligensindexet för AI alltså då är den är alltså bakom en Tropic Frontier-modeller och och open AI också Bakom eller framför, de är ett och två They're 1-2 and then they're number 3.

11:34On just coding So they're number 2. And then it's not all good Because this is open source. And they haven't Has taken on Nvidia's chip Over the whole. On Huawei's own. So it's just a... We'll remember DeepSeek For the year. Tänk if they had to be able to do it on them. Yeah, exactly. But it was a short oro there. Yes, exactly. The one was not the best. But this is a hacky hell on the best models and has taken its way with a lot of cost. So it started to look like I don't know I think like solceller. The one I remember is that to work with the solceller that produce and then comes to Kina and to work bill now Now it's not the same way that they push the technology and the knowledge of the technology.

12:34But if it takes six months for them to get out an open source model that's like a good model, then you can start to ask the value of the value. And then the question is how much we will be in the West? It's even a relationship between the US and the Europe. So how much we will be in the West to use of a Chinese model? Yeah, but if it's open source, that you can take home the market and can go to the local. Then they have to have a little trojan there. Exactly. But what I mean is that the idea of that the USA could stend down an Tropic directly on a 90-minute deadline to an Tropic and then have the national security and then stend down their Fable.

13:23It's not something you want to have... It can not happen with the open source model. No. So it is very interesting for example in Europe. It looks like you have more intäkter if you have a open source model. Mindre? Intäkter if you are LLM. Absolutely. But especially if you can do it locally and it's an open source model it's a break-up of tokens. it will be no tokens you pay for your own consumption and you pay for your own consumption and you pay for your own consumption and so on but then they have a version where you can pay but the one was also much more expensive so this is a set of that for the week or not in the week but in the week before the week so you stashed down Fable and then the week on G7-money it was a AI so you had to do it so you had to do it a AI-kommission and sovereign AI became the new trend and then släpper Kina a model that is open source that you can drive locally that holds the standard it will not be good it will probably be good for the world it is really good for consumer, for the company and for all of us who will pay for AI so it is top that it comes in konkurrens and that AI will probably be commoditized It's like a raw product and not as it has been.

14:55But that's the question. It's a full-time job in the money in AI-utveckling. And until the last time we come to the model. In fact, we should have the last model. And maybe not think about what are the problems we need to solve. Do we really need to do the same or do we need to do this model? Just these problems we do. And it's where it starts to become problematic for OpenAI and Entropic and so on with the price of the company. Can they take a bet on it? They've been able to pay for a few weeks to pay for what they actually use. So, the cost of the token will go up for many. We see Facebook, Microsoft, Goldman, JP Morgan.

15:50They suddenly suddenly start to get the anställda. They say, no, they don't need to use these models. They're too cheap. They're too cheap. So now it comes a price tank for an Entropic Open AI's customer. I don't know, the intjuringspotentials are completely different. annorlunda. Det blir väldigt intressant hur de sätter upp sina affärsmodeller. Båda de här bolagen ska ju noteras i år. De har väl lärt sig av SpaceX som vi ska prata om sen. Hur man riggar en IPO. De vill ju vilja fixa till siffrorna inför IPO nu. Ja, och sen har du en annan aspekt och det är ju statligt ägande i Antropic och Open AI-modellerna.

16:32För det börjar diskuteras om. Trump är på idén att staten ska vara med and to pick up and to have to be able to. And Bernie Sanders was out and saw a cut on these companies so that the US state will get 50 % of the companies. It says that it has a political enhet from Bernie Sanders to Donald Trump that that cap is a good idea. And then it will happen. It can't stop if it's over the whole line. So then it will happen. And that would also set a pause on the money that forces in. But they will be in even more money. Yeah, maybe. It has been a lot of time in these investments, Trump, in the market.

17:23Absolutely. But you will not buy after it before, so you know how it will happen. So, a little spickor in the facade on the AIH. and then it will be over on the half-lead industry Amazon has the Tranium chip there I don't have a problem you are expert on Tranium chip but in all the way, they now have to buy out capacity to the AI that will train AI models so that the Nvidia has done before so there you see that you can see that you can see on Nvidia's mobile so there are several reasons why it might be a relief It started well in the past that Google Gick down and then it was two of their Most experienced Orcs or anstall in AI One bytte well to Antropic and one bytte Innan It started to come a little bit It's a combo of Vinsthämtage I think it's difficult to describe how it Ska to affect Våra börser Atlas is a semiconductor We have Nokia but we don't have much.

18:34Our budget was down 1 ,6%. Ska we down on that Koreas crash or not? We are not AI-flying here. It's a sentiment. It's a sentiment. We handle high index, but it's not so that we have gone up so much about AI. I'm on with my Octave here, hexagon and knopping. They're more in the software category. There has been AI frossa, that you have to vibe code ihop allting. Relativt känns det som att vissa, den är uppe idag fick ju en rek, men Microsoft och de här var ju uppe också som har gått dåligt. Att software, får man en AI-frossa då ska ju pengarna ta iväg en någon annanstans. Andelen får man ju en allmän börsnedgång, eller så får man ju en rotation där alla liksom bara springer in i AI-bolagen.

19:23Precis, det var exakt rotation. Jag skulle komma till det. För som du nämnde, Microsoft har ju gått dåligt. De var ju ute nu for a few days ago and talked about that they should infliva DeepSeek for that it's more than a dollar. So, all of a sudden comes this with the idea of the price-tank on the models. Then if you just zoom out and see how to invest in the market, so we have had the most of the smallest of the kvartals in the market. We start to go on the kvartals next week. The most of the most of the market is that the market has been done? Look at the half-leaders and AI of the market, they have gone to the market.

19:56Why do they have no so? Yeah, but they have gone to the moon. In the slutet of the quarter comes all the new ones that we have grabbed here now. In all of a sudden, it's that you have to ask spending and capex and how much it actually gives in front of what it costs. And China comes with a super-bra model for no money all. Which is also open source and can drive locally. then you take home the most because you look at all the other sectors like the market, the market has gone bad the market has not gone bad it's a lot that has gone down which has not been hanging with the market, the market has been I and I have a lot of capital from all I mean, not even the company that got with SpaceX which is a tech-onglomerate eftersom de köpte Cursor med egna aktier förra veckan.

20:56De ska också ta in 20 miljarder dollar i obligationer, bara några dagar efter IPO. Så att den här industrin, AI och halvledare suger kapital från allt annat. Och nu går vi mot slutet på pvartalet. Det finns jättestora vinster att hyvla av i samband med att det kommer dåliga rubriker. Så alla som sitter på halvledare och AI-vinster I got an excuse to take home Vinst inför kvartalsskiftet And that's why And this is not even since Vinsthämtaging, we're going to be down 8 % But they were up 8 % Absolutely But I think that it's Logical to use To use these rubriks For having a cover For selling off And diversifying That's why I think that rotation can come When you do it in the new kvartalet, alltså efter första juli.

21:53Ja, men precis.

21:59Vi är sponsrade av Pareto Securities och där har de ju deras riktigt fina erbjudande på nordiska aktier när man handlar 0 ,025 % i rörligt kortage och det är ju inget kapitalkrav och inget minsta erlagt kortage. Så det är ju verkligen det man ska prova på i sommar, tycker jag. Ja, men det tycker jag verkligen. Det är ett supererbjudande. It's a year out. You get free access to their analysis. It's a cost of money to be a kund. It's not a fast amount of money. And then you have this with a sample. For that maybe not all are so excited about. But it means that all the sales and sales in the same amount under one day is on a note.

22:39And then you pay a cottage just per side and per side. Alltså per sales and sales of all the sales. Ad congrats is a المin In the happy nach Devreuil and it'll be a double of Tittar man på Bolagsverken ser det ut som det har hänt någonting där. Det finns en potentiell genomförande 24 juni. Om jag tolkar siffrorna rätt. Sen är vi bara frågan när den här fonden får sina 20 miljoner aktier minimum. Som de har tecknat på 4 kronor och kursen stod i 100. Idag är det lite rekyl. Jag tror inte att det är den här fonden som säljer än. Jag vet inte om bolaget bör skicka ut ett PM eller inte. Att aktierna ska levereras eller har levererats eller liknande.

24:12but it was less than to get out these 20 million of the stock market when it was in up to the trend. Now, it's up to the trend. It's up to the day, so it's going to continue to be in up to the trend. But the worst stock market has on a certain way maybe laid out. It's very much stock market here, around 100, between 80 and 100. I'm a little bit short. One of them plus, the other minus. I'm a little bit of 85. I'm a snick on 94. Men jag tänker mig att man kanske får med sig den här ner nu För det har omsatts mycket aktier uppe Plötsligt finns det potential till att det är många som hamnar snett Om vi kommer ner lite härifrån Och så får den här fonden med dig i ryggen För jag tror de säljer rätt område Ja man får i alla fall gratulera dem till årtusendets affär När man ger ut någon form av litet lån Som ger två miljarder minst Ja men verkligen Och nu när vi är inne på att ge ut aktier och sådana grejer Jag tyckte vi måste highlighta en tweet förra veckan and it was from Bill Ackman, the kian investor, hedge fund-forwaltaren who has a new project where he will do his own company to the next Berkshire Hathaway.

25:19How does it go? It doesn't know. It's in a case of NAV. It's not so many who believe it. For he is the next Buffett. But in any case, I love him but at the same time I think he can be a little pager sometimes. but he tweeted that when SpaceX bought Cursor and paid with their own and he tweeted that this was fantastic and this is like a a motor that you can pay with your own and that it changes that it is a good thing to have a high and high value of a company he could look at Cinch and Embracer but he said he did it as a H-C but I can buy it It's really good for a single company That you have a very cheap company So you can buy other things with I don't understand It's not He has to leave the other side of it And it's It's a symmetry Just how it goes If the value comes down It's not all like And it's just what George Soros He has a theory That's how it's Reflexivity how bubbles are built.

26:34And it's just in bubbles, it's in the bubble, that's where the actuality goes up, you're making a lot of money, you're using your own. It has happened in all bubbles. In 2000, I bought a company with with the actuality. So I didn't understand his take on that it was something that I would see it as a signal that you should be a little bit careful. Yeah, but it seems like it's It's very many companies that have tried to pay with the stock when you have a dyr kurs. And it's smart to use your stock there. But then, if the stock market goes down, as we have seen in Westdum or like that, then it's not like cool to be the stock market.

27:14Klana köpte Price Runner with a dyr stock market. Yeah, WorldCom and Enron were really good at buying their own stock market. So I didn't know that. And then suddenly he bought a cursor, he bought AI, he bought everything. he had all the time, now it's a little bit of a conglomerate I thought we had laid it on the history of the way that it didn't be a good idea in the way to go to a conglomerate, but now we're there again and now we're going to do it as if it was a little of him because I thought that he was long and he was going to have a and it does he do it quite often, he can just sit and have something and then a month later is he so I think for those who follow him can have it in the back of the head that just the effect he said is also a symptom på att vi är i en bubbla.

28:02Just det han beskrev var ju, det är motorn i en bubbla. Vissa sektorer är i alla fall glödheta och typ svenska småbolag fastigheter, olika kategorier i Sverige är ju iskalla. Om vi tittar lite på SpaceX då så sålde jag ju mina i kolen, det är väl fortfarande... Nu tror jag faktiskt vi printar lägre här. 150 eller 155 eller vad det var när det öppnade. Yeah, the last print it was today. Here at the market. And now we're at 147. The one is up on 220. It seems like the one topped a little when they started to sell options. It's very many that are on gigantia winters here. It seems like with options you can buy or sell options or make different options strategies.

28:46You can hedge your winters. It's well Mark Cuban. He's with Shark Tank. is one of the most famous ones. He sold his company to Yahoo, and then he sold it for 2-3 years. Then he sold his billion-vins with options. Then he crashed Yahoo,

29:07Erik Strömstedt:or what it was that he bought them. So this has been done before, but it's still a very small part of the deal that deals. I'm not sure if it's not yet to get into all indexes. and like, but it seems like the first in all the way of SpaceX's life is over. Ska we go in on your life-fas for the week? It was just a bit of a little bit when it was when it was before the week when Cursor-for-vervet came. It was then Bill Ackman wrote that this is fantastic. Look at what a band-brytand to be able to pay with their own and it's actually positive that you have a so-dyr aktie. He printed it in Toppen, det är det jag menar.

29:50Han är ju en meme. Du har väl gjort dåliga tweets också. Jag tycker att du känns lite upphållad. Absolut, men jag tyckte det är rent filosofiskt. Man fattar att han var superlång och skulle stå på sälj. Ramat in och här hade vi en timestamp. Vi hoppar vidare idag. FDA Longwolf Fest. Vad var det du lyckades med förra veckan? Det har varit långt i ett bolag som heter Unicure. Det har varit en resa kan man säga. They came with positive data About Huntington's sjukdom In the last The first thing was I bought it I bought it around 45 Then it went to 70 I sold it I sold it around 60 Then came it here And the idea was That the FDA had guided them For accelerated good-to-knowledge So they thought Now they should send in their BLA-to-to-knowledge Medan FDA sa nej Vi vill ha en fas 3 Och vi vill ha en placebo grupp Nu är problematiken just Med Unicures Sätt Det finns inga behandlingar mot Huntingtons sjukdom Det finns inga bromsmediciner, ingenting Det är en dödsdom Och man blir sämre varje år Det är en fruktansvärd sjukdom Och det finns inga behandlingsalternativ Så det ville väl köra placebo Nej för det här är inte bara en medicin behandlingen går till så att det är en hjärnoperation alltså då opererar hjärnan och då skickar in den här AA-viruset som är programmerat att dämpa en gen som producerar för mycket protein i hjärnan som gör att man får hantiknose och det vill man då vill man alltså inte man vill inte göra placebo på sjuka, alltså man vill inte göra hjärnkirurgi som placebo på sjuka människor No, no, no, no.

32:12I had solled half, so I had a good shot. Then I increased to the lows. So I got a shot around the lows. And then I had a shot around the lows. For that... Storbritannien said to the company, to send it to the company to send it to us. For they have another method. Where they can look at other data. Real world data, they call it. And in the case, it was a very big campaign. The FDI has done several such companies that have gone from. McCurry, who was the FDI-chef, and a guy named Prasad, are very conservative in how you should look at data. And to the end, this is a little sticky thing with what the FDI has been before.

33:04This is Trump, those who came in under Trump. And to the end of the day was Plostret. So McAurie went out and he passed out. It was the second time he passed out for Sparkle. Because he was very special in his view of how he was going to be. And then a lot of other companies who had gotten a no were then reversed. So both of them had gone for Cure. I thought it would take longer time. But Cure got reversed. so that they can send in their BLA-ansökan. So it became a very big increase in the market. What happened? The market fell up to 50 dollars. It was around 26 dollars. It was really cool. So I've had half of it.

33:53I'm sitting on it on the other side. For what happened, since it was on high-highest before, is that even in Storbritannien, the market has speeded up. There should they also send in an investigation under the last year. BLI and investigation in the FDA should they send in in Q3. Then there is another one with the British and it is that when you get there, it goes faster than what you call common wealth. Alltså Canada, New Zealand, South Africa and many parts of the country. than, to example UAE and Saudi and so on. They look on UK's FDA. So they go snabbare there also, because they work together.