@SiriAlexaAl Yep, that's what's happened.

@mikeiow I'm in a similar boat. Too much time on my hands and with a few pennies to spend at the bookies (I mean stock market). I used a spredsheet to come up with the chart, but couldn't produce anything other than dots on a scatter chart. There were no labels next to each dot, other than their value. I, also, couldn't produce the curves on the same chart. @Adam-Kay thanks for the steer. I'll do some googling at SD and beta.

Hi R, Yes it's a display gremlin. Ive notified admin to fix it. Ive looked at the Switch and that has been processed. Being two legs to the transaction , one out and one in the DB shows one but not the other. Regards Adam

Ok thanks.

Hi Siri It would be the 25/26 year now, if the birth is really close to tax year end just drop me a mail and I'll get the contribution set up. Cheers Nik

It's a bit more nuanced than that, G. And glad you did something nice with your gains, that's what it's all about, benefiting through investment. People will always take profit into new highs, we've discussed the psychology What are 'expectations'? You could say even higher than what was delivered so is it the first point or the second? For example MSFT X, I posted those numbers(official market expectations) and they comfortably beat, all the reporting entities did. However different reactions. You might also have noticed after hours RED/GREEN/RED(same company) and then at the open big Green. Derivatives in play again. You will often hear the cliche 'it's priced in'. I'm not a fan of the catchphrase. It's largely nonsense. The PH resident IFA will say 'you don't have an edge against the pro' just word-salad. You don't need an edge, just don't chase meme stocks, chase quality and have some patience. That is why we simply stay the course. A drop yesterday and looks like(given 300+ futures) gains today.

When a holding is sold, you would only last see the value(opening) from the previous close. If it's £10,325, you can't expect to realise that number because a sale is conducted during the next available auction(market) and FX changes. You might get more or less but you won't receive the same number. The ££ are realised at trade time and this can be any time from 2.30 something to 3pm or later (it's up to winterflood, the biggest broker in europe give or take), it takes 3 working days with equity, 5 for any tracker as it's global(so if a portfolio holds any trackers it's 5 days). Money then moves out of the portfolio to your account with us then to your external bank. And that is a day for each step. These are all working days so add in a weekend and or miss 9am cuts-off and you should allow at least a week. Plan ahead for your needs Your holdings with us are in your name, unlike unit trusts(Vanguard etc) where it is pooled so naturally they can process this a day or two sooner.

Adam, Nik You both have urgent emails on this

ExIM, No problem, no intention of engaging but im not about to let intentional misinformation go unchecked.

Today Alphabet announced its quantum-computing team delivered a verifiable quantum advantage via its “Willow” chip and “Quantum Echoes” algorithm running ~13,000× faster than a classical supercomputer. This isn’t just hype — the hardware, software stack and experimental validation all align. On top of that, Alphabet remains one of the most profitable companies in the world: it reported a net income in excess of US$100 billion in its latest full year. In the battleground of mega-cap tech, alphabets like Nvidia Corporation, Microsoft Corporation and Apple Inc. grab the headlines — but Alphabet quietly leads in profit, while trading at a discount to them. Why that matters: It shows Alphabet is not just a search and ads company — it’s positioning for the next frontier of computing (quantum, AI infrastructure, cloud). It gives it a solid financial base: when profit margins are strong and cash flows healthy, you have the flexibility to experiment and pivot. OTHER BETS It may mean the market is under-estimating Alphabet’s upside: if these emerging bets pay off, the valuation gap could shrink. Yes, hurdles remain (commercialising quantum, cloud dominance, regulatory headwinds), but dismissing Alphabet now would overlook its smart strategy and deep pockets.

Thanks Mike. Hi Eldar, The Money Markets portfolio is a very low-risk investment designed to act much like cash. It invests mainly in short-dated, high-quality instruments such as Treasury bills, certificates of deposit and commercial paper, aiming to preserve capital and provide a steady return. The fund closely tracks short-term interest rates, so its yield moves in line with the Bank of England base rate. The price is usually very stable, and you can normally access your money within 3 working days via your investment platform. It’s often used as a cash-like holding for short-term funds or by investors waiting to reinvest. It offers a competitive yield compared with many savings accounts(net 3.7% after fees), currently. In practice, it behaves much like cash, but sits within an investment account rather than a bank.

Breaking news-more to follow. OpenAI sign a deal today with AVGO/Broadcomm for the design of a new Aspics accelerator. The size of the deal is circa 10GW which would be at least $150B. AVGO is up about $40

I follow Dylan Patel, founder of Semi Analysis. Very knowledgeable on the tech side, not the 'stock' side but for me, it compliments the knowledge and allows me to separate the hype from the reality . I know he met Chuck Liang recently to discuss their plans-he thinks something important is about to drop. Why Supermicro (SMCI) Gets the Spotlight in Dylan’s Tease—And Not Dell, Foxconn, or Wiwynn SM as a key supporter of his imminent “huge” framework on AI chips, inference, and infrastructure, due to drop by the evening of 9 October. SMCI is listed alongside hyperscalers/cloud players (CoreWeave, Nebius) and hardware/infrastructure specialists (Crusoe, HPE, Tensorwave), highlighting its pivotal role in the rack/server layer for optimised inference stacks. Notably absent are Dell, Foxconn, and Wiwynn (Wistron’s AI-focused ODM arm), despite their prominence in AI server markets. This isn’t arbitrary; it reflects SMCI’s unique position as the agile, high-density leader for the “neo-cloud” era,(think IREN) tailored to inference’s bursty(yes bursty-data that can burst from 1X to 100X in a nano second,) power-intensive demands. Here’s why SMCI gets the call-out, grounded in Patel’s reports, posts, and industry context:1. SMCI’s Edge: Speed, Customisation, and Hyperscaler Fit for InferenceRapid Prototyping and Deployment: SMCI excels at “just-in-time” manufacturing, delivering 100,000+ servers in weeks rather than months. This is critical for inference, where hyperscalers like CoreWeave (an SMCI client) demand swift iterations on hybrid NVIDIA/AMD setups to manage variable query loads. Patel’s September 2025 SemiAnalysis report on rack architecture (co-authored by him) praises SMCI’s modular designs for disaggregated PDUs and liquid cooling, enabling 250kW+ racks with a 30% better total cost of ownership (TCO) compared to rigid ODM builds. Foxconn and Wiwynn, as pure ODMs, prioritise volume for branded OEMs (e.g., Dell’s enterprise kits) but lag in bespoke hyperscaler customisation. Direct Hyperscaler Relationships: SMCI sells directly to neo-clouds (CoreWeave, xAI’s Colossus—partially SMCI-supplied) and AI labs (OpenAI’s AMD pivot), bypassing intermediaries. In his August 2025 “No Priors” podcast, Patel highlights SMCI’s vertical integration (from motherboard design to cooling), giving them a two-year lead on liquid-cooled hybrids, essential for inference’s 80%+ energy draw. Dell shines in enterprise/sovereign AI (per Patel’s May 2025 “How Dell Is Beating Supermicro” report), but their slower cycles, optimised for HPC stability, don’t match neo-cloud urgency. Inference-Specific Advantages: Backed by vLLM/SGLang (inference engines-sorry tech heavy!), the framework likely benchmarks rack-level metrics like tokens/second per watt. SMCI’s 8U/10U GPU trays (e.g., SYS-821GE with 8x Blackwell) blend NVIDIA prefill compute with AMD decode efficiency, reducing latency by 20-50%. Foxconn/Wiwynn handle high-volume NVIDIA HGX for cloud giants (e.g., Foxconn’s Oracle Stargate supply), but Patel’s critiques (e.g., 2023 posts on Foxconn’s public “reveals” being overhyped) underscore their ODM commoditisation—cheaper but less innovative for multi-vendor inference. Historical Context from Patel: SMCI as the “Crusher” in AI RacksPatel’s analyses consistently position SMCI as a leader in frontier AI infrastructure. A 12 September 2025 X post details his Supermicro factory tour with CEO Charles Liang, showcasing GB300/B300 and MI355X racks—directly tying to the tease’s NVIDIA/AMD backers. In contrast, his May 2024 report praises Dell for enterprise wins (e.g., Tesla, CoreWeave orders) but notes SMCI’s resurgence in neo-clouds via cheaper, denser cooling (e.g., April 2023 post: “I’m such an idiot for not going turbo long SuperMicro... they crush Dell and crew while being much cheaper”). Final thought- SMCI’s Unique PositionDylan’s call-out of SMCI reflects their role as the inference infrastructure “backbone” for collaborative, multi-vendor stacks, validated by factory tours, reports, and backers like HPE (also listed). Dell, Foxconn, and Wiwynn play critical roles in enterprise or ODM volume but lack SMCI’s hyperscaler agility and hybrid rack innovation for inference. If the full drop (expected ~evening 9 October BST) includes rack BOMs or benchmarks, SMCI’s prominence will likely grow.

Cheers Adam What a strange thing, exactly the same rounded up or down to the nearest quid

I thought it would be that, but it was worth asking, just in case. Many Thanks

Very impressive if it is real, but I'm skeptical. Seems I was justified - click the three dots for the description. Still, it's a mighty impressive render. [image: 1758571262139-a7c0ef52-d4b8-453d-8270-81742c9881f3-image.png]

Ah, cool, that is very helpful thanks! Certainly gives her some additional options - clearly she is 'used to' Aviva, but I am explaining how Aviva seem to be a bit stale in their options! I will sort a call with you in a week or two. Cheers

No fees other than the 0.35% annual management fee, applied monthly

quai undertaking maintenance.

Thanks for taking the time to reply Adam << thumbs up thingy>>