Can AMD become a trillion-dollar market capitalization company by 2030?
Recently, AMD made a big announcement at the analyst conference: the data center business is expected to grow at a 60% CAGR over the next 5 years. It sounds a bit outrageous, but looking at the data, it might actually be possible.
What is the current situation? Nvidia's data center growth rate is 66% in Q2, while AMD is only at 22%. What does this indicate? It's not that AMD's hardware is inferior, but rather that the CUDA ecosystem's moat is too deep. However, AMD's ROCm software has indeed been catchi

# How do proprietary trading firms make money? Understand the operating logic in one article.
What is the biggest difference between proprietary trading firms and regular brokers? **They trade with their own money, bear the losses themselves, and keep the profits.** This is why these companies can thrive - their interests are completely aligned.
# # Core Operating Model
Self-operated companies usually play like this:
**Step 1: Recruit Traders**
New traders need to prove their ability to consistently make profits through evaluations (usually simulated account tests). An example of such an exam

Sugar prices edged up today but lost steam fast. NY March sugar rose +0.14% while London white sugar gained +0.35%, hitting 3.5-week highs on buzz that India might boost ethanol prices—pushing mills to make more ethanol, less sugar.
But here's the catch: crude oil tanked over -2%, which kills ethanol's profitability. Result? Mills will crush more cane for sugar instead, flooding the market.
The real pressure comes from a glut forecast. ISO just flipped from predicting a 231k MT deficit to a massive 1.625M MT surplus for 2025-26, driven by India, Thailand, and Pakistan ramping up output. Brazil