Hey, it's Kramer, and this is my morning take on the market from today's CNBC Investing Club morning meeting.

I am gunning for those who are doing these circular deals.

I call them lazy Susan deals.

I was called them 2000.

I was confronted with several of these at the street.com where people asked me to take money and then ask me to buy product. I would not do it. I thought it was illegal, but what's happening, many of these are. It's good to see the blue owl may be backing out of an Oracle. Now, but Oracle immediately says they have somebody else to do it. Right. They said the project's on schedule. We need to see rationale. It could hurt in video a little bit, short term. But in the end, they're all going to go higher, except for Oracle and Open AI is not

coming up.

Oracle has to save its balance.

This is about people believing that the company solven sees the question.

I know that's unbelievable.

The newest deal that you mentioned or reported interest is between Open AI and Amazon

and talks to raise 10 billion or more from

Amazon and they'll use the Traneum chips. This is by the information. Story also mentions

the two companies are discussing other partnership opportunities like an integrating chat

with a shopping feature on Amazon. And keep in mind, Open AI signed a PAC to spend 38 billion

on AWS for AI workloads. That was announced last month. Yeah, but I do think that, look, I like Amazon, and I like Amazon for more than just Amazon Web Services. I would love to see them not play this game. They don't need to play this game. That was kind of embarrassing. Do they really need Traneum chips sold so badly that they give somebody $10 billion to buy them? You know, you're right at home. You know you wouldn't do this. You could never get away with it. These guys can't either. You know what's going to happen? We're not to let them. Yeah, or maybe the market. Well, the market, the market's telling you. Mark, right? That's always the decider. The stock's decider. The stock's telling you. It's not me. I'm not going to, I don't have any firepower. But the discipline is being exerted by the, we're not going to let this happen. The market is not going to let this happen. And the market is a cruel taskmaster. And no one's tougher than the bomb market. the bomb market. And the bomb market is saying, uh-uh, not going to happen. Blue Al pulls out.

It's kind of like Liberation Day, right? What happened in the bond market? Yes, the bond market tells the truth. Changed their tune. They started doing some delays. Look, Blue Al stock got crushed because they were doing this crap. Now they've stopped. They're pulling out where they can. And the company's stock is coming back and I I won't worry about their bonds. And people are worried about their bonds. This is very important stuff.

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