Daily Brief Thematic (Sector/Industry): Episode 70!!! NPUs!!!!!!!! and more

• Paul Karazuba is the vice president of marketing at Expedera, an NPU IP startup in Silicon Valley.
• NPU, or neural processing unit, is a key topic of discussion in the podcast, with its unique ability to process at a much lower wattage compared to CPU and GPU cores.
• The necessity for dedicated NPU cores in running AI workloads, to allow CPU and GPU cores to focus on other tasks, is highlighted by both Paul and Austin.

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

• India’s stock market dropped $386 billion after election results showed a narrower-than-expected lead for Modi
• Intel’s CEO introduced new AI products at Computex, challenging Nvidia’s market dominance
• Chinese companies rush to raise funds amid a stock market rebound, driven by investor optimism and future uncertainty

• Weaker-Than-Expected job openings data prompted hopes for Fed rate cuts, pushing Treasury yields down for the fourth consecutive day
• A coalition of over 400 Japanese companies plans to establish a $1 billion fund by September to enhance hydrogen supply chains
• UNIQLO’s May 2024 same-store sales in Japan, including online, rose by 8.4% year-on-year, attributed to strong business during the Golden Week holiday

• McDonald’s uses price pack architecture with varying prices for different purchasing methods
• Pricing strategies raise questions about fairness, data privacy, and macroeconomic implications
• Surge pricing in fast food is already present, similar to dynamic pricing in other industries

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

• What will be implication in case of weaker Modi & BJP mandate?
• Public Sector and State-Owned Bank Shares Plunge whole day after poor BJP tally during counting.
• Improvement in Tata Steel Ltd (TATA IN)‘s credit profile by FY25 and Higher RoCE for Bharti Airtel (BHARTI IN) and Reliance Industries (RIL IN) 

• PDD/SHEIN/AMZN: U.S. CBP suspends customs brokers handling cross-border parcels for Temu and SHEIN (-/-/+)
• BABA US/JD US/PDD US/3690 HK:The upcoming regulatory policies on internet platform fees should not be overly negatively interpreted(///////)
• BABA US/JD US/3690 HK/1810 HK:Beijing Follows up with Subsidies for Replacing Old Appliances with New Ones, but National Subsidies Are Still Lacking(+/+/+/+)

• BEKE US:  Takeaways from Beike Investor Day on June 3(/)
• 9926 HK: Akeso adds sales rights to AK112 in developing countries, possibly preparing for overall sale(/)
• 1211 HK/ LI US: BYD launches fifth-generation hybrid petrol-electric technology, which can run 2,100 kilometers on full-tank+full-battery(///)

• Welcome back to the portfolio updates series!

• I recently read Michael J. Mauboussin’s book, More Than You Know, which is full of practical investment lessons drawn from various fields not necessarily related to investing.

• The quote below is from a chapter discussing market efficiency and cautioning investors against misusing behavioral finance to conclude that humans are irrational, and therefore, markets must be irrational as well.