Independent thinking for complex markets and current events
The parabolic surge in Nvidia shares began when the group stunned Wall Street with a revenue forecast that exceeded analysts’ forecasts by as much as 75%. But it is now starting to show cracks in its exterior. Nvidia shares are the third-most-shorted stock on the market, according to recent data from S3 Partners, with some …
Ok, that's the week. Bulls, we'll see you next week. Bears, you should not have capitulated. pic.twitter.com/TFNG6fGZ3m — Mac10 (@SuburbanDrone) March 8, 2024 Key reversal of fortune. Highest down day volume since the 2022 bear market. pic.twitter.com/BZsVrtT7j3 — Mac10 (@SuburbanDrone) March 9, 2024 The third bull trap. pic.twitter.com/G5n7daMKLy — Mac10 (@SuburbanDrone) March 8, 2024 …
The fusion of the stock market with the crypto market is now complete. Bitcoin is 90% correlated with Nvidia. It's a $4 trillion financial weapon of mass destruction. Sponsored by artificial intelligence. Which is now rampant. And also in computers. pic.twitter.com/X3bjYwkzVI — Mac10 (@SuburbanDrone) February 28, 2024 Bulls, these central bank rigged markets will always …
Late last year, U.S. Representative Nancy Pelosi reported a transaction to purchase call options in NVIDIA Corporation (NASDAQ:NVDA). After a massive rally in the stock this year related to breathtaking AI uptake and the company’s strong financial results, Pelosi is now said to be sitting on a significant windfall profit. Nancy Pelosi Nvidia Call Options …
"Nvidia is worth more than China's entire stock market"pic.twitter.com/PJ5bV4yUM1 https://t.co/q8b79X2uZX — Financelot (@FinanceLancelot) February 23, 2024 It's a sad fact of markets that at key tops, most traders get stopped out before the big move begins. Now is no exception. Today, Nasdaq breadth was negative as I alluded to this morning. It was the Nasdaq's …
Nvidia’s stock pops 16% to spur biggest one-day gain in market capitalization by any U.S. company It’s a testament to Nvidia Corp.’s blockbuster run over the past year that Wall Street is, in a way, looking past eye-popping metrics like a quintupling of data-center revenue in the latest quarter. Investors have become so accustomed to …
Nvidia’s market value surpassed those of fellow technology titans Amazon and Alphabet on Monday, an almost unbelievable feat accomplished as Nvidia’s stock more than quadrupled over the last 15 months as investors bought into Nvidia’s market-leading position in artificial intelligence. KEY FACTS Shares of Nvidia rose nearly 3% to an record high of over $740, bringing …
by slayez06 With a market cap of 1.7 T nvidia has put itself in an unusual position. It has about 50 buildings world wide and outsourced it manufacturing. TSMC and the Chinese produce the physical chips. Thing is, if something was to happen to a manufacturing plant, natural or terroristic because the supply chain and …
A CNBC technical analyst claims that Nvidia is deeply overbought and due for a correction:https://t.co/VUEOkCUutx What proof do they have? pic.twitter.com/yf693KJRlw — Mac10 (@SuburbanDrone) January 24, 2024 The belief of the day is that the rest of the market will soon catch up to the major indices. The reality of the day is that the …
This year’s stock market rally was led by a handful of technology stocks that have come to be known by Wall Street as the ‘Magnificent Seven’. Apple, Amazon, Alphabet, NVIDIA, Meta, Microsoft and Tesla together are up around 75 percent since the beginning of the year. Americans holding them in their 401(k) savings accounts will …
So it looks like NVDA wouldn’t be able to just continuously create slightly cut down versions of their products for the Chinese market in the future. Like the rumored RTX 4090D and L40s Thoughts? via pcgamer: Nvidia’s penchant for redesigning its GPUs to get around US export restrictions has seemingly been directly called out by …
The US government recently imposed export rules preventing chipmakers like NVIDIA from shipping chips to China (including the GeForce RTX 4090), citing AI safety concerns. However, the US government highlighted that the move wasn’t designed to run down China’s economy, further indicating that it was a safety measure to prevent using the chips in military advances. While it’s evident …
by ChampionshipUsed9855 Another interesting point is that NVIDIA stock-based compensation equals 10% of its revenue. That is record high Pul/Call ratio on 2-year low:
The last thing we need right now is a trade war. Taming inflation with skyrocketing energy prices and geopolitical conflicts is already hard enough. Unfortunately, we are taking 1 step forward and 2 steps back. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) October 17, 2023 BREAKING: The …
Bernstein says investors should take profits in pricey tech stocks such as Nvidia, $NVDA, per CNBC. — unusual_whales (@unusual_whales) September 28, 2023
by Ok_Significance_4008 History is repeating itself H2 2000: NVDA announced a stock split before the DotCom bubble peak September 2000: NVDA ATH January 2001: NVDA crashed 70% January 2002: NVDA rallied 400% October 2002: NVDA crashed 90% H2 2021: NVDA announced a stock split before the Everything bubble peak November 2021: NVDA ATH October 2022: …
The prominent head of an investment firm has issued a sobering warning against a tech stock that has surged by 232 per cent so far this year. US computer chip-maker Nvidia (pronounced en-vid-eya) has had an unprecedented time on Wall Street in the past few months, with the business posting a record revenue of $21 …
by myironlung6 Gather round for some Big Short, Margin Call level shit… The goal of this post isn’t to accuse any financial firm or Nvidia of breaking any laws because we all know our existing laws let the big dogs do whatever the fuck they want with zero consequences. It’s to start figuring out whether we’re …
Step back for perspective. Aside from Nvidia, this AI rally is far weaker than the one in 2021. And consumer sentiment is far weaker as well. pic.twitter.com/RqMQLu6w2z — Mac10 (@SuburbanDrone) August 28, 2023 Here we see we're tracking last year's August robo rally/robo crash very closely. Ahead of schedule. pic.twitter.com/V3qdPgiswW — Mac10 (@SuburbanDrone) August 28, …
by Quirky_Ad3179 Financials of the company are great !! But the recent hype about AI with TSMC reducing production. Hoping it will crash below $400 !! Finance Source : https://marketstreak.com/stock-price-history/nvidia?ticker=NVDA
Nvidia reports 88% jump in revenue and tops estimates, driven by demand for AI chips https://www.cnbc.com/2023/08/23/nvidia-nvda-earnings-report-q2-2024.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard Nvidia reported second-quarter earnings that beat elevated expectations for earnings and revenue, and provided guidance for the current quarter that was significantly higher than expected. Shares rose 9% in extended trading. Earnings: $2.70 a share, adjusted, versus $2.09 per share …
The CEO of NVIDIA Jensen Huang's net worth is now +$39 billion. A 225% increase in 8 months. That's likely the fastest growth rate for any billionaire in the world this year. pic.twitter.com/DSihKHFnIB — Genevieve Roch-Decter, CFA (@GRDecter) August 23, 2023
by Mister_Lonely_ The triple top is a bearish reversal pattern that typically forms after an extended uptrend. It consists of three distinct peaks, with the second and third peaks being roughly equal in height. The pattern signals that the asset may no longer be rallying and that lower prices could be on the horizon.
via WSB trader: esterday was the final Friday before NVDA’s earnings report. Honestly, I don’t even want to speculate about how it’ll turn out. What I do know is that, regardless of the outcome, I’ll have an edge against both those betting on the continuation of the AI rally and those anticipating a bubble burst. I’ve …
As long as companies are interested in generative artificial intelligence, Nvidia stands to benefit. Nvidia shares closed up more than 7% on Monday, underscoring how investors believe the company’s graphics processing units, or GPUs, will continue to be the most popular computer chips used to power massive large language models that can generate compelling text. …
by Invesdea So Nvidia +7% today because Morgan Stanley thinks Nvidia is their top pick. Rating: Overweight Price Target: $500 ($437 today) I agree with Morgan Stanley that I don’t see demand will drop anytime soon considering all the AI startups are booming and some of them are actually useful (i.e. Midjourney). But I also …
China’s top tech companies, including Alibaba, Baidu, ByteDance, and Tencent, have placed orders worth $5 billion for Nvidia chips to make generative AI systems. The orders include $1 billion for 100,000 A800 processors to be delivered this year, as well as an additional $4 billion worth of graphics processing units to be delivered in 2024. …
