Neil Freiman

So you have maybe all these biotech companies rushing to go public.

Or in this case, you have a bunch of AI companies going public.

And they do this around the same time, around the same time.

year and there simply just isn't it's crazy to think about but there's not infinite money to spend on these stocks and you also have the maybe 1.5 to 2 trillion elephant in the room which is spacex which is going to gobble up a lot of the attention and a lot of the money when it goes public next week which it's aiming to so anthropic wants to be at least it's not exactly first in line it is the second in line for these major one one plus trillion ai companies and so it really is an advantage to go first because you get the attention and you get the money

Moving on, it was only a matter of time.

All the high-protein snacks you've been buying is breaking the whey supply chain.

Bloomberg reported that suppliers have run out of the whey protein they sell to food companies, causing a frantic hunt to stockpile the stuff.

Prices have risen in kind.

Wholesale whey powder prices have jumped by more than 50% since January, according to Food Dive.

This is a direct result of Americans' insatiable demand for protein, which food makers have responded to by including it in every product imaginable.

Starbucks cold foam, Eggo waffles, popcorn, Doritos, Pop-Tarts, Kraft Mac and Cheese, they all have a high protein version now.

And dairy farmers can't keep up.

Yes, the dairy industry sits at the center of the protein supply chain because they make the stuff.

As cheeseheads know, whey is a byproduct of the cheese making process.

Separate the curds from the whey.

Now, historically, whey has been cheap

and abundant dairy farms couldn't even give it away.

An executive at the protein bar startup David told Bloomberg that dairy companies used to approach food companies to try to sell them their way.

Now, due to the protein mania, that relationship has been reversed.

Buyers are calling up suppliers to make sure that they have enough way to make their products.