Amazon Tops US Military

But the giant may have peaked with Bezos out ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Americans trust Amazon more than the military. That's according to the Harvard CAPS/Harris poll. Ok, it's just by 1%... but still. It's surprising considering how controversial new Amazon HQ's have become in New York and other locations. Unionization poses a threat to the company's entire model of doing business. Jeff Bezos... well, he's just checked out. He's busy competing with Elon Musk for outer space. (And Musk is competing with Mark Zuckerberg when it comes to social media, but that's another matter). Prime Day is this week... but I can't help but wonder if Amazon has peaked. The cloud industry is being rocked by the demands of AI. Walmart is shooting its shot by rolling out its own deals to compete with Amazon when it comes to delivery. And the political threats for Amazon are only increasing. The key factor is personnel. With Jeff Bezos gone, you've got Andy Jassy in charge. He says AI is "one of the biggest technical transformations of our lifetimes" but suggests Google and Microsoft are giving in to hype. That puts him out of step with a lot of investors right now. Amazon's brand reputation is rock solid... but the hard part is coming up. It's going against the grain when it comes to AI... and it's doing so without its founder at the helm. Keep Moving, Corey Snyder Publisher, Rogue Investing P.S. Speaking of a tough challenge, how about Jeff Bishop's $120,000 in successful trades in the next 12 months? Tomorrow at 2pm EST he explains the new system he is using to accomplish this goal (his win rate this year is 82%) You [MUST CLICK HERE]( to reserve your seat before midnight tonight. WORD ON THE STREET Congress Complains About Energy Drink - Wait, Caffeine Is Bad For You? - Well, I'm probably in trouble. Senator Chuck Schumer (D-NY) is demanding the FDA investigate PRIME, an energy drink marketed by YouTube stars Logan Paul and KSI. Senator Schumer accused the brand of "fiendishly target[ing]" young people. - Chinese Recovery Stagnates Again - Annual producer prices were down 5.4% last month - 9 straight months of declines in China and the worst plunge since December 2015. It's the latest sign the so-called Chinese economic recovery has been essentially DOA since the end of the pandemic, raising fears for the overall health of the global economy. China's government is expected to provide more stimulus support - "Constructive" Visit In China Says Yellen - Treasury Secretary Janet Yellen played good cop in China, trying to soothe Beijing's fears about new sanctions. "I do think my trip has been successful in forging those relationships and creating the opportunity for a deeper set of more frequent contacts at our staff levels," she said. Platitudes, got it. Good work. - Futures Down Before Big Inflation Data - The consumer price index data will be out on Wednesday and then we've got the producer price index coming out on Thursday. The one-two punch will shape the market's expectations on inflation and the Fed's reaction. With futures down this morning, expectations are not great. HOT SPOTS: What's Going on in Geopolitics - India Will Surpass US Economy By 2075 - According to Goldman Sachs, India will become the world's second largest economy by 2075. Demographic factors are the one of the keys to the country's future success. "Over the next two decades, the dependency ratio of India will be one of the lowest among regional economies," said Goldman's India economist, Santanu Sengupta. - Alibaba Up Big - Alibaba rose sharply on the Hong Kong exchange after reports that the Chinese government's investigation into Ant Group is finally ending. The worst may be over for Ant Group, which had to pay $985 million on Friday, part of Beijing's general crackdown on tech companies. The accusations of wrongdoing were more likely cover for a political campaign to assert control over the tech sector. - Biden Rules Out Ukraine Membership In NATO Before War's End - President Joe Biden said that NATO is not united about bringing Kyiv into the alliance before the war is over, warning that this could undermine the promise of automatic military commitment. "If the war is going on, then we're all in war," he said. "We're at war with Russia, if that were the case." CUTTING EDGE: What[']( Happening In Tech - Sarah Silverman And Authors Sue OpenAI And Meta - The comedienne and authors Richard Kadrey and Christopher Golden argue Meta and the company responsible for ChatGPT used their work without permission. Summaries generated by ChatGPT show, according to the plaintiffs' filing, that copyrighted work was used to train the bot. I doubt this will be the last lawsuit. - Elon Musk Sues Someone Else - Lawsuits, lawsuits, lawsuits! Elon Musk, or at least X Corp (Twitter), has sued Wachtell, Lipton, Rosen & Katz LLP over an "unconscionable" last minute package of fees imposed during the Twitter takeover last year. X Corp. wants excess fees out of the $90 million paid in 2022 - which doesn't seem like much considering the takeover cost $44 BILLION. - Electric Bugs - Volkswagen will begin testing autonomous vehicles in Austin, Texas this month. The "ID Buzz," the company's EV version of the VW bus, is expecting a commercial launch of self-driving vehicles by 2026. The autonomous vehicles will have human drivers during the initial testing phase... or so they say FOR YOUR CONSIDERATION --------------------------------------------------------------- Our inflation problem is a direct result of excess money supply. on paper the American economy is doing fine. But poll after poll shows Americans are desperate about their financial futures... and the search results show something even worse. Dr. Brian Jones sounds the alarm on what's facing the economy... and identifies what is responsible. [CREDIT CARDS AND DUMPSTER DIVING - THE AMERICAN DREAM]( Enjoying Dawn Report? Learn something, made some money? SHARE YOUR STORY WITH US OR TELL US HOW TO SERVE YOU BETTER. Let us know at info@rogueinvesting.com You’re receiving this email because you're signed up for alerts from Dawn Report. 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