Maintain Buy on $NVIDIA(NVDA.US$ , $Broadcom(AVGO.US$ , $Marvell Technology(MRVL.US$ , $Advanced Micro Devices(AMD.US$ , $Micron Technology(MU.US$ - BofA
CQ1 reports from key US hyperscalers – Google, Microsoft and Meta -suggest meaningful upside to CY24 capex, mostly driven by buildout of AI infrastructure. We estimate CY24 global cloud capex now tracking around $220bn, up about 35% YoY or $14.5bn higher than the $205bn or...
CQ1 reports from key US hyperscalers – Google, Microsoft and Meta -suggest meaningful upside to CY24 capex, mostly driven by buildout of AI infrastructure. We estimate CY24 global cloud capex now tracking around $220bn, up about 35% YoY or $14.5bn higher than the $205bn or...
4
PREMOSULTRAA
liked
For those who do not understand what just happened:
First, Q1 2024 GDP growth slowed to just 1.6% which is less than HALF of the 3.4% Q4 2023 number.
This reading is roughly 50% BELOW Goldman Sach's expectations.
But it gets even worse.
At the same time, the US Core PCE Price Index soared from 2.0% to a staggering 3.7%.
This crushed estimates of 3.4% and further suggests that inflation is on the rise.
We have a weakening economy with rising inflation.
The worst possible outcome for the Fed.
$Nasdaq Composite Index(.IXIC.US$ $SPDR S&P 500 ETF(SPY.US$ $S&P 500 Index(.SPX.US$ $Dow Jones Industrial Average(.DJI.US$
First, Q1 2024 GDP growth slowed to just 1.6% which is less than HALF of the 3.4% Q4 2023 number.
This reading is roughly 50% BELOW Goldman Sach's expectations.
But it gets even worse.
At the same time, the US Core PCE Price Index soared from 2.0% to a staggering 3.7%.
This crushed estimates of 3.4% and further suggests that inflation is on the rise.
We have a weakening economy with rising inflation.
The worst possible outcome for the Fed.
$Nasdaq Composite Index(.IXIC.US$ $SPDR S&P 500 ETF(SPY.US$ $S&P 500 Index(.SPX.US$ $Dow Jones Industrial Average(.DJI.US$
5
4
$Meta Platforms(META.US$ had great earnings but the in line guide and especially the Capex up 8-16% led to the selloff.
Before panic spreads, just keep in mind that $Meta Platforms(META.US$ bottomed once it stopped spending on the metaverse.
Investors are likely scared of a renewed downturn due to the Capex, which in itself led to the pullback.
The next weeks will tell us if AI has the same appeal to Investor it did. over the last months of it the AI craze needs rest for now.
Keep in mind $Super Micro Computer(SMCI.US$ and ...
Before panic spreads, just keep in mind that $Meta Platforms(META.US$ bottomed once it stopped spending on the metaverse.
Investors are likely scared of a renewed downturn due to the Capex, which in itself led to the pullback.
The next weeks will tell us if AI has the same appeal to Investor it did. over the last months of it the AI craze needs rest for now.
Keep in mind $Super Micro Computer(SMCI.US$ and ...
6
7
PREMOSULTRAA
liked
40wk ma (red area) sloping upwards = Stage2
40wk ma (red area) sloping downwards = Stage 4
Stage 1 ---> when stocks build bases
Stock stops going down, builds a base
40wk ma stops declining/flattens out
Time to watch stock and gradually build position
Stage 2 ---> when stocks rally/money is made
Stock becomes over-extended, take partial profits
Stock pulls back towards 40wk ma, add back
Stage 3 ---> distribution phase/topping pattern
Stock stops going ...
40wk ma (red area) sloping downwards = Stage 4
Stage 1 ---> when stocks build bases
Stock stops going down, builds a base
40wk ma stops declining/flattens out
Time to watch stock and gradually build position
Stage 2 ---> when stocks rally/money is made
Stock becomes over-extended, take partial profits
Stock pulls back towards 40wk ma, add back
Stage 3 ---> distribution phase/topping pattern
Stock stops going ...
3
PREMOSULTRAA
liked
1. $ASML Holding(ASML.US$ | ASML Holding
• Chip Equipment Niche | Photolithography Monopoly
• Enterprise Value | $318.2B
• 2024 Key Metrics | 51x FCF; 34x EBITDA; 1% rev growth
• Competitive Advantage: They stand out as the sole supplier of extreme ultraviolet (EUV) lithography machines, a critical technology for manufacturing the most advanced semiconductor chips. Their market advantage is deeply rooted in this unique offering, which enables the production of smaller, more p...
• Chip Equipment Niche | Photolithography Monopoly
• Enterprise Value | $318.2B
• 2024 Key Metrics | 51x FCF; 34x EBITDA; 1% rev growth
• Competitive Advantage: They stand out as the sole supplier of extreme ultraviolet (EUV) lithography machines, a critical technology for manufacturing the most advanced semiconductor chips. Their market advantage is deeply rooted in this unique offering, which enables the production of smaller, more p...
+1
5
1
$S&P 500 Index(.SPX.US$ (1) The index broke its uptrend by closing below the short term moving average (2) market breadth as measured by Net New Highs, turned negative indicating more stocks made new lows than new highs and (3) momentum continues to fall apart.
These three correction criteria have preceded meaningful market declines.
In the scenario ...
These three correction criteria have preceded meaningful market declines.
In the scenario ...
1
PREMOSULTRAA
liked
Google $Alphabet-A(GOOGL.US$ : $98 billion
Apple $Apple(AAPL.US$ : $65 billion
Meta $Meta Platforms(META.US$ : $47 billion
Amazon $Amazon(AMZN.US$ : $28 billion
Microsoft $Microsoft(MSFT.US$ : $20 billion
Nvidia $NVIDIA(NVDA.US$ : $16 billion
Apple $Apple(AAPL.US$ : $65 billion
Meta $Meta Platforms(META.US$ : $47 billion
Amazon $Amazon(AMZN.US$ : $28 billion
Microsoft $Microsoft(MSFT.US$ : $20 billion
Nvidia $NVIDIA(NVDA.US$ : $16 billion
4
1
I have been using AI to further enhance my knowledge about investing and more specifically how to analyze businesses.
Here are a few things I ask:
•Summarize
•Simplify
•I am a financial analyst, explain xyz
•Create a sell side bear thesis based on:
•Create a buy side bull thesis based on:
•Here are multiple different investment papers, get rid of redundancies and point out contradictions:
Complex research papers and overwhelming data can thus be worked through with a teacher to stud...
Here are a few things I ask:
•Summarize
•Simplify
•I am a financial analyst, explain xyz
•Create a sell side bear thesis based on:
•Create a buy side bull thesis based on:
•Here are multiple different investment papers, get rid of redundancies and point out contradictions:
Complex research papers and overwhelming data can thus be worked through with a teacher to stud...
5
1
PREMOSULTRAA
liked
$Xiaomi Corp. Unsponsored ADR Class B(XIACY.US$ $Tesla(TSLA.US$ $NIO Inc(NIO.US$ $XPeng(XPEV.US$ $BYD Company ADR(BYDDY.US$
👉 Key Highlights:
📍 Xiaomi enters EV market with SU7, garnering 88,898 orders, targeting Tesla Model 3 users.
📍 SU7 priced at 215,900 yuan ($29,901), undercutting Tesla's Model 3 starting at 245,900 yuan ($34,056).
📍 Xiaomi's CEO Lei Jun aims at upgrading Tesla Model 3 users to the new SU7.
📍 Despite comp...
👉 Key Highlights:
📍 Xiaomi enters EV market with SU7, garnering 88,898 orders, targeting Tesla Model 3 users.
📍 SU7 priced at 215,900 yuan ($29,901), undercutting Tesla's Model 3 starting at 245,900 yuan ($34,056).
📍 Xiaomi's CEO Lei Jun aims at upgrading Tesla Model 3 users to the new SU7.
📍 Despite comp...
5
6
$Super Micro Computer(SMCI.US$
Over the last 36 months, the stock is up 27-fold
Here's why:
AI driven demand - Everywhere you look, companies are investing in AI. While that means different things to different businesses, one thing is consistent. They're virtually all spending more on data-center hardware.
And SMCI is right there to benefit. Super Micro manufactures high performance servers and storage systems. So as companies have expanded their se...
Over the last 36 months, the stock is up 27-fold
Here's why:
AI driven demand - Everywhere you look, companies are investing in AI. While that means different things to different businesses, one thing is consistent. They're virtually all spending more on data-center hardware.
And SMCI is right there to benefit. Super Micro manufactures high performance servers and storage systems. So as companies have expanded their se...
7
2