(Part 4 of 5) - News and my thoughts from the past week (10Aug2026)

News and my thoughts from the past week (10Aug2026)

Amazon is building a natural gas plant in Pecos County, Texas, to power an AI data center. Its permits allow 33 million tons of carbon dioxide a year, which would make it the single largest source of climate pollution in the country. For comparison, the dirtiest plant operating in America today emits about 16 million tons, so Amazon's is permitted for roughly double that. Amazon co-founded The Climate Pledge in 2019 and promised net-zero emissions by 2040. - X user Hedgie

Jamie Dimon warns America could lose its reserve currency status within 25 years. - X user Whale Insider

Meta CTO Andrew Bosworth told employees that AI productivity gains should go into more work, not more time off. When a staffer asked about bringing back extra vacation days, Bosworth said to spend the time building more products because Meta employees are "doing the most exciting stuff on the planet." He told the employee to stop asking about time off and to ask their parents whether that makes a good career strategy. - X user Hedgie

China now accounts for 28% of global manufacturing, surpassing the US, Japan, and Germany combined. - X user BRICS News

A total of 911,500,000 shares of SpaceX, held by employees and early investors, become eligible to trade tomorrow. That’s ~43% more than the 638,900,000 shares issued at IPO. SpaceX’s free float is set to increase from 4.9% to 11.8% of outstanding shares. - X user The Kobeissi Letter

JPMorgan Chief Executive Officer Jamie Dimon has warned that leverage across financial markets remained elevated, adding that investors should be mindful that hidden borrowing could amplify market disruptions. “Margin debt is the highest it has ever been,” he said in an interview with CNBC’s Leslie Picker. - CNBC

Nearly $200 billion in par amount since January 2026, based on Treasury data reviews as of late July. The program (liquidity support + cash management) continues with regular operations; today’s scheduled max is $4B. Full results at http://fiscaldata.treasury.gov. - Grok

@TigerStars

$Vanguard S&P 500 ETF(VOO)$

$ProShares Ultra VIX Short-Term Futures ETF(UVXY)$