EPISODE · Jul 2, 2026 · 38 MIN
Jobs Report Disappoints, Meta's Overcapacity Triggers Bubble Fears
from Nobody Special Finance · host Nobody Special Finance
The June Jobs report showed the US economy added roughly half as many jobs as the market was expecting, not to mention significant downward revisions to the numbers from April and May. Meanwhile Meta's plan to sell excess AI compute capacity has thrown the AI bubble into chaos as the narrative of "insatiable demand" falls apart triggering a selloff in neocloud stocks and chip makers.Support the Channel on Patreon Support the Channel by Buying Me a Coffee Subscribe to Nobody Special on YouTube
What this episode covers
The June Jobs report showed the US economy added roughly half as many jobs as the market was expecting, not to mention significant downward revisions to the numbers from April and May. Meanwhile Meta's plan to sell excess AI compute capacity has thrown the AI bubble into chaos as the narrative of "insatiable demand" falls apart triggering a selloff in neocloud stocks and chip makers.Support the Channel on Patreon Support the Channel by Buying Me a Coffee Subscribe to Nobody Special on YouTube
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Jobs Report Disappoints, Meta's Overcapacity Triggers Bubble Fears
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