Tyrian Trade

" $NVDA is no longer just selling chips, but they're selling compute, networking, CPUs, software and the full system architecture." The full AI factory stack is now the thesis on the company.

Institutions are focused on $SPCX. Retail should be focused on the proxies surrounding it. You aren't going to get a good entry on $SPCX but you can absolutely print money using it as a catalyst. And I've been explaining how for months... Retail can't easily access the IPO. 5% float means institutions get allocations first. But $SPCX qualifies for Nasdaq-100 fast-entry inclusion, so every index fund will be forced to buy it. Fund managers know the forced demand is coming. So they're already positioning ahead and actively rotating into space adjacencies right now. Here's the thing... retail can do the exact same thing. You actually have a chance to get solid entries. Now the aftermath... $SPCX is the biggest IPO in history. Every public space name suddenly looks underpriced relative to the new ~$1.75T+ benchmark. Analyst upgrades. Institutional coverage expands. Media attention amplifies. Look at $CRWV's IPO - the entire Neocloud sector ($IREN, $CIFR, $APLD, etc.) re-rated for months after. Obviously there were other catalysts as well, but it'd be unwise to think the Space sector won't. A few names that'll benefit: $ASTS $LUNR $PL $RDW $RKLB $SATL $SIDU $SPIR $UFO ETF And my most recent asymmetric position: $AMPG. Full thesis on how Amplitech is significantly undervalued relative to the rest was shared earlier. Make sure to read it. $SPCX itself should explode on debut, then could become a sell-the-news event as we've seen before. Undoubtedly, the sector will see turbulence. But the downstream chain has a longer runway because the institutional discovery, re-rating, and capital rotation continues well beyond IPO day. This is why the chain matters more than the IPO itself. Would rather be positioned in asymmetric opportunities than chase $SPCX. I'll DCA in when the dust settles.

$NVDA REPORTS Q1 AFTER THE CLOSE → Q1 consensus sits around $78.4B-$78.9B in revenue, ~79% YoY, with adjusted EPS expected at $1.75-$1.77 → $NVDA guided for roughly $78B in revenue and heads into the print on a 7-quarter beat streak across EPS and revenue → Q2 consensus sits near $87.3B in revenue and $1.96 in adjusted EPS Focus areas include data-center revenue, gross margin trajectory, Blackwell ramp commentary, China/export restrictions, and Q2 guidance versus Street expectations.

Kevin O’Leary says Gen Z is financially cooked when people making $70K a year are spending $28 on lunch

JUST IN: MERCURY JUST RAISED $200M AT A $5.2 BILLION VALUATION That's a 49% jump from their last round 14 months ago, per CNBC. And it's happening while the rest of fintech is in a downturn: *The deal:* - $200M Series D led by TCV (also backed Revolut and Nubank) - Sequoia, Andreessen Horowitz, and Coatue all participated - 49% valuation increase in 14 months *The numbers:* - $650M in annualized revenue - 4 straight years of profitability - 300,000+ customers - 1 in 3 early-stage US startups bank with Mercury *What's next:* - Conditional OCC approval to become a federally regulated bank - Final approval expected in 2027 - Will enable direct lending, Zelle integration, and reduce reliance on partner banks CEO Immad Akhund: "I really want to build a strong independent brand. I would like it to be a public company." He has no plans to sell to a bank, unlike Brex which sold in January.

JUST IN: Jeff Bezos says bottom half of workers should not pay taxes

"In the case of $ZETA, AI is actually making the data and identity layer a lot more important." The intelligence layer behind how brands understand and monetize customers is the bull case, not the ad tech narrative.