David Thomas
by David Thomas
Most investors chase the noise.
The best ones listen for silence.
When everyone’s watching Nvidia, the real moves start elsewhere. In the quiet setups, the steady consolidations, the forgotten tickers.
Leadership rarely announces itself.
It compounds unnoticed.
The work isn’t to predict the next breakout.
It’s to hold your ground long enough to recognise it when it arrives.
by David Thomas
The AI boom isn’t speculative anymore.
It’s operational.
Google’s plan to restart a nuclear reactor in Iowa isn’t a marketing play, it’s a necessity.
Compute now consumes energy at an industrial scale, and the firms that need it most are no longer waiting for permission.
Every major cycle in history has ended when capital stopped meeting real infrastructure.
This one is doing the opposite, it’s building new infrastructure to meet capital.
We keep calling it “tech,” but that word is losing meaning.
When Meta commits hundreds of billions to data centres, or when Amazon builds its own chips and power capacity, it’s no longer a software story — it’s industrial.
The world’s largest firms are rebuilding the physical backbone of intelligence: silicon, energy, and computation.
This isn’t the Metaverse. It’s the next power grid.
Japan’s move toward a yen-backed stablecoin isn’t about crypto.
It’s about control.
For decades, the yen has been bound to an analog system — cash, banks, intermediaries.
Now, domestic savings and government bonds are being pulled into the digital realm.
It’s a quiet shift with loud implications.
The future of money won’t be decided by volatility, but by policy — and the nations that blend stability with innovation will set the tone for the next financial era.