Starbucks’ Software Warning Shot: 8 Key Items Shaping the Stock Market Thursday
Renewed U.S.-Iran attacks, traffic in the Strait, Costco, SK Hynix and other headlines are moving stocks this morning.
More Tales From Nvidia: Did the AI Bubble Just Pop? (Issue #215!)
See this tweet:
But, more importantly, the subtweet under it:
I think that is the leading indicator. Although I would modify the subtweet a bit.
This also means the revenue growth is flattening. The spike we had that really kicked off this last rally was artificial. It was unsustainable tokenmaxxing (and apparently Anthropic also had a big 1x pull in of revenue in Q3, if I remember correctly). The consumer quickly found out they were doing the opposite of gaining productivity, they were costing themselves more money than the humans they had.
So it has been stopped. Then the biz also started shifting to China/Open Source as well. A double whammy.
No wonder SpaceX ($SPCX) and Meta ($META) are selling excess capacity all of the sudden… and why Blackstone ($BX) is rumored to be stopping data center projects, for example.
Position: Long BX (S); Short SPCX (VS)
Samsung’s Blowout Projections Trigger Selling and the Semi Top Could Be in
The world’s largest chipmaker seemed to trigger a surprising stock selloff.
Why I’m Bracing for the Market to Cool by Fall
Nasdaq, the S&P and even the Russell are all up; but here’s why I think they’ll come back down to earth.
With Inflation Heading Lower, We Can Expect a Midterm Rate Cut
A combination of lower inflation and improved data sources will push the Fed to cut interest rates soon.
Michael Burry Vs. My Panic Points; Ferocious Foxconn Sales; Bad Jobs Data
Why I’m sticking to plan on memory stocks; also, let’s brace for the week ahead, check the markets’ charts, and interpret those jobs numbers.
June Monthly Roundup: The Market Stumbled in June. The Portfolio Didn’t.
As we extended our lead over the S&P 500, we locked in big gains on several positions, added to new holdings and made other buys.
We’re Adding This Under-the-Radar AI Infrastructure Play
The company’s products are a necessary ingredient for AI infrastructure.
Stunning South Korea Stock Shock Triggers Circuit Breaker as Semi Names Strike FOMO
The Seoul market and select chipmakers around Asia saw wild volatility, but the chaos is highly sector-specific.
Warn Me … in the Comments Section
If I get self absorbed or overly confident, please make me aware of it in the Comments Section.
Apropos, META ($META) shares are -$15 this morning:
Positions: None.