TMTB Weekly

Happy Saturday. Well, that was quite a week, from an Iran Ceasefire to Anthropic throwing out a $30B ARR # alongside a major infra deal with GOOGL/AVGO, to more detail’s surrounding Anthropic’s Mythos, META finally catching up alongside other SOTA models with their Muse Spark release, to Jassy finally showing his pen is mightier than his dismal earnings call performances, and culminating with the worst 3 day stretch for software vs. semis ever while TMT Mo had its best week ever.

This week is starting out no different with Iran/U.S. negotiations failing so far and U.S. deciding to blockade the Hormuz, although the ceasefire remains intact. Glass half full read here is that the Hormuz blockade is the most benign option of escalating without really escalating. Glass half empty is that oil is going to stay higher for longer.

Yup, sounds about right for news flow in the ACCel/Trump era.

The top winners vs. losers from the week tells it all:

The spread between IGV and SOX was a massive 2…