StockMarketJ

AST SpaceMobile $ASTS is building direct-to-smartphone satellite service. With 120 satellites and ~75M users at $10/month, revenue could reach $9B annually. At 11× sales, that suggests a potential $100B valuation—dependent on execution, adoption, and regulation.

@amitisinvesting These IPO’s definitely signaling tops now. *Blackstone history

$CRBS OPENS UP 75% The expected price was supposed to be $185. The company did $585M in revenue last year and now trades at a $100B marketcap. Are you buying?

Aged well!

@Kalshi Since 2013

JUST IN: US home sellers now outnumber buyers by 630,000 — largest gap ever.

@amitisinvesting Always helps. Appreciate all the info, always!

A TON OF THINGS HAPPENED IN THE STOCK MARKET TODAY. Here’s a full recap: 1. The $SPX S&P 500 and $QQQ Nasdaq closed at fresh all-time highs today, even with oil spiking and U.S.-Iran peace talks stalling. The market is basically saying AI earnings momentum is more important than geopolitical risk right now. The PHLX Semiconductor Index rose 2.6%, with semis now comprising 17% of the S&P 500. 2. The optical networking trade continues to gain momentum. $LITE Lumentum surged after being added to the Nasdaq 100, while peers like $COHR Coherent and $GLW Corning also benefited from the AI data center connectivity theme. This is becoming one of the clearest “picks and shovels” trades in AI infrastructure. $LITE Lumentum’s move matters because the market is realizing AI is not just about GPUs. It is also about optical transceivers, lasers, fiber, switches, power, cooling, copper, glass, and every bottleneck inside the data center stack. The AI trade is expanding from chips into the entire physical infrastructure layer. 3. $TSLA Tesla was in focus after the White House invited Elon Musk, alongside more than a dozen top U.S. executives, to join President Trump’s trip to China this week. The delegation includes Apple’s Tim Cook, and BlackRock’s Larry Fink with other executives from Goldman Sachs, Cisco, Mastercard, Citi, Meta, Micron, and more. The trip is expected to focus on U.S.-China trade and investment, potential Boeing aircraft purchases, agriculture, energy, and possibly extending the rare earths truce, making Musk’s inclusion important given Tesla’s exposure to China manufacturing, demand, and supply chains. Jensen Huang $NVDA and Lisa Su $AMD were not invited as per Reuters. 4. Oil jumped again as the U.S.-Iran situation remained unresolved, with Brent crude moving above $104 and the Strait of Hormuz risk still hanging over the market. This is the main bear case investors are watching: if oil keeps rising, inflation expectations can come back and pressure the Fed. CPI will be reported tomorrow with expectations of a 3.7% print, the highest in 2.5 years. 5. Per Jeffries: "47% of semis/hardware stocks are screening overbought on 14-day RSI (high was 70% in Dec '23, 66% on April 24) as of Friday's close. The SOX is now 60% above its 200-day moving average, a level not seen since March 2000 and July 1995." 6. Earnings season continues to come in strong. Reuters reported that 440 S&P 500 companies $SPX have reported, with 83% beating estimates and Q1 earnings growth now projected at 28.6% year-over-year. That is why the market keeps absorbing bad macro headlines. 7. $CBRS Cerebras increased its planned IPO price range as investor demand for AI chip exposure remains extremely strong. The company is now looking to sell 30 million shares at $150 to $160 each, potentially raising up to $4.8 billion. The AI IPO window is officially open again. 8. $CRCL Circle reported a 20% increase in quarterly revenue and reserve income to $694 million, helped by rising demand for USDC during a volatile period. USDC circulation grew 28% year-over-year to $77 billion, showing that stablecoins are becoming a bigger part of the financial infrastructure story. 9. The most traded options today were $TSLA with 5.5M contracts, $NVDA with 4.8M, $MU with 1.1M, $INTC with 1.0M, $AAPL with 1.0M, $NOK with 886K, $META with 637K, $AMZN with 621K, $MSFT with 591K, and $AMD with 514K. 10. $HIMS Hims & Hers reported Q1 revenue of $608M, up 4% YoY, with subscribers growing 9% YoY to nearly 2.6M. The company raised full-year 2026 revenue guidance to $2.8B-$3.0B, but profitability moved lower as gross margin fell to 65% from 73%, net loss was $92M, and adjusted EBITDA declined to $44M from $91M last year. Management said 2026 is a “defining year” as the company expands branded GLP-1 offerings, international markets, diagnostics, and technology infrastructure. 11. $ASTS AST SpaceMobile reported Q1 revenue of $14.7M and said it remains on track for full-year 2026 revenue guidance of $150M-$200M. The bigger story is deployment: BlueBird 8, 9, and 10 are expected to launch in mid-June, BlueBird 11 through 33 are already in advanced production, and the company is targeting roughly 45 satellites in orbit during 2026. ASTS also received FCC authorization for commercial SpaceMobile service in the U.S., hit 98.9 Mbps peak data speeds from an in-orbit satellite to an unmodified smartphone, and ended the quarter with about $3.5B in cash 12. China is also in focus ahead of a Trump-Xi summit, with Chinese stocks $BABA $KWEB $JD hitting an 11-year high and the yuan reaching a three-year peak. Investors are watching whether the U.S. and China could coordinate around trade, Iran, and global supply chains. I used to do these recaps a year ago...have gotten a bit busy but looking to bring them back...would people like them at the end of the day? I use AI to help summarize the events but the real time (around 30-40 min daily) comes in curating the best headlines and including the relevant details. Happy to start it again if people want it back! WALL STREET IS THE GREATEST SHOW ON EARTH.

@amitisinvesting @amitisinvesting how do you feel about GEV sitting around $1100? Any interest in the name at all?

the market wants memory and photonics definitely doesn’t want software or fintech or Nvidia anymore 😂 pretty incredible bull run happening at the center of the AI supply chain

@amitisinvesting Nuclear next? Something gotta provide 24/7

$PLTR Palantir just put up one of the strongest earnings we have seen throughout the entire stock market. The level of growth across core metrics that the street did not expect to grow and the ability to do it in the face of the narrative that software companies have no terminal value is what makes this quarter so incredible. Revenue accelerated 85% YoY against expectations of 74%. They raised the FY guide from 61% to 71%. They did more FCF this quarter than they did in revenue in Q1 last year. They did this with a salesforce of around 70 people...most software companies at their scale have 100x that amount of dedicated staff working on sales, so how are they able to grow this fast? How is Alex Karp so easily able to guide that they will accelerate to 100% growth in 2027? Palantir is actually doing what software companies have promised to do, but as of recent have failed to materialize: providing value that transforms an enterprise. A quote from Shyam, CTO, last night: "More tokens means more slop. And the more commodity cognition you consume, the more you need a system that can prevent the economic harm so you can harness the economic value. That system is AIP. That intermediary representation is the ontology. This is also why we are seeing the death of legacy software. AIP replaces static workflows not by replicating the playbook but by eliminating the need for one." Palantir is acknowledging that traditional legacy software is dead in the age of AI, but the orchestration of providing business value to ground the truth of the organization within the representation of how that value is constructed (the ontology, what they spent 20 years building) is the defining factor to make AI meaningful. The results prove this. How is a company doing almost 2B in revenue with just 1000 customers? Their net dollar retention has now passed 150%, which means their customers are choosing to spend more with them because they are getting more value. Imagine what happens when Palantir is at 10,000 and 100,000 customers. This can be one of the biggest companies on Planet Earth as everytime they get a customer, they provide so much value, that the customers locks in and stays with them and pays them more and Palantir is able to create an incredible margin (53% net income) on every dollar the generate because they don't need to pay all the people in the middle, like a salesforce, to generate that revenue. The company increased their FY guide to 7.6B. Alex Karp said he wants to grow that 100% in 2027. That would put the company at around 15B. If they beat that estimate, we could be even higher. The debate right now is purely around one thing: the sustainability of this type of growth. If you think it is sustainable, you are bullish. If not, you are bearish. Palantir can't control everything that happens in the macro or the market but they can control how fast they can grow. These earnings make it very, very obvious to me that they will not only sustainably grow, but they will continue to accelerate that growth because their customers are continuing to ask for more from them and as they continue to deliver, they continue to see the benefits of bringing value to enterprises and governments across the world. Incredibly proud to be on the journey of covering them and I know how special this quarter must have been for those of us who saw the company grow up in front of our eyes over the past few years. LFG.

@eliano @amitisinvesting Karp knew them all since the beginning - I think people just realize their brilliance

@JMarZz233 @amitisinvesting 2/5 yes

“For some reason, maybe even a supernatural one, people care about this company. Maybe it’s the name or the CEO and his hair, the aura, the spooky, mysterious vibe. There’s something that gets people to care” 🫶

@APompliano Factor costs micro + macro economically. Bandwidth and encoding more data

What was the best thing you read, watched, or listened to this week? Any topic is fair game.

They all seem like tech wars to me.. Vietnam integrated circuit (transistor) applied to laser guidance, tested - helped computers get to moon, missiles way more accurate, etc. Drone activity now, autonomous weapons, AI tech. Powers seem scared and they fight to prove their tech does more damage: unfortunately.

WAR!!!! Whst is it good for? Ironically I was landing in Hanoi when the war against Iran started . If truth be told we all know the war against Iran is a war financed by American Jews and Christians against Muslims for oil and to protect Israel. Vietnam was a war of Christians against Buddhists over oil. Thousands may die in another Oily War if this Holy War spreads to European and US cities via radical Islamist terrorist cells. Sitting in Hanoi today, I remember the tens of thousands of American and French soldiers and millions of Vietnamese people and soldiers who died in Vietnam’s tragic Holy War for oil. I lost too many classmates, friends, and fellow Marrines in Vietnam. For what? When will we ever learn? When will Biden’s Ukraine/Russia war ever end? Please Pray for PEACE.

Nice little chart for reminder.

$ASML IMO will hit 1T. Doesn’t matter when.

@yatharthmaan Those that did that had to read books to figure it out. Completely contradicting yourself

Logical Qubits in my opinion is a huge factor with these quantum companies. Thousands needed - few companies have achieved. Keep track of the labs and companies leading this category. Harvard/QuEra/MIT/NIST Microsoft + Quantinuum Infleqtion

Scale of Enterprise: Smaller size directly equates to more competitors. As microtechnology progresses with the Information Age - larger firms are being naturally condensed - opening up new opportunities to extend the market. Is this market a first look at an “expansion” of capital in result to AI disruption?

Burry puts -> reflexivity