These Two Biotechs Offer Stability in a Crazy Market
A slow and steady approach with these stable biopharma stocks offers refuge from a market that feels ready to pop.
The Meta Effect, Semis Surge, Wall Street Says, ‘What War?’
Markets brush off fighting with Iran as Meta talks about making its own AI chips; South Korea’s SK Hynix lists on Nasdaq; I give a chart checkup on the market.
Meta’s AI Chip Plans Revealed: 8 Key Items Shaping the Stock Market Friday
SK Hynix’s IPO pricing, Micron’s spending, Delta’s earnings, and other headlines are moving stocks this morning.
Semiconductors Lead, but the Chip Story Is Changing
Even as semiconductors continue to power the market higher, chip makers face a $1 trillion question.
Starbucks’ Software Warning Shot: 8 Key Items Shaping the Stock Market Thursday
Renewed U.S.-Iran attacks, traffic in the Strait, Costco, SK Hynix and other headlines are moving stocks this morning.
More Tales From Nvidia: Did the AI Bubble Just Pop? (Issue #215!)
See this tweet:
But, more importantly, the subtweet under it:
I think that is the leading indicator. Although I would modify the subtweet a bit.
This also means the revenue growth is flattening. The spike we had that really kicked off this last rally was artificial. It was unsustainable tokenmaxxing (and apparently Anthropic also had a big 1x pull in of revenue in Q3, if I remember correctly). The consumer quickly found out they were doing the opposite of gaining productivity, they were costing themselves more money than the humans they had.
So it has been stopped. Then the biz also started shifting to China/Open Source as well. A double whammy.
No wonder SpaceX ($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.