josh

@amitisinvesting You would like it. Just have to get past the 1st season. To get really interested

Should I start Game of Thrones?

@amitisinvesting Well put Amit!

Why markets got hit with some downside today… So, it’s important to note that the S&P $SPX was down a mere 0.13% to end the day and is up 2.2% over the past week. Even the Nasdaq is up 1% over the past week. It feels like we had some momentum unwind today which is why the most high-beta names, in this case the semis, were down 10-15%. Why the unwind? - July is usually good month for stocks but in the past 5 years, has been down 5% on average for momentum stocks. My logic is people take profits going into the summer after a strong Q1 but regardless, July is not good for momentum historically. - The $META news basically scared the street into thinking there are no more compute constraints and that the capex build is over. - Nvidia launching a new product today to backstop neoclouds is once again leading to claims of circular financing. To me, this drawdown feels normal to start July but also it is the 5th type of ugly day we’ve seen in the past few weeks where momentum just dumps hard. The bearish angle on that is the market wants to have a full correction and these dumps are a warning. The bullish angle is these dumps are very, very normal and part of a bull market. $MU having a monster earnings and taking a breather to consolidate isn’t the end of the memory trade but it is a short term stop to the massive euphoric sentiment around it. Same with the neoclouds, same with the photonics names, etc. I think labor market news today is noise. The market might actually care but it really doesn’t. All they care about is capex because thats what stocks are priced on right now. Not fed hikes or cuts on a potentially weak labor report. What matters deeply is if the demand side picture around compute has changed. If it has, the whole AI trade is over. If it hasn’t, then there is a long way to go on all levels of the stack but once again, the only alpha over the past few months has been taking advantage of these dips as the market has a mini deepseek every other week if they start to question the AI thesis. Q2 earnings will be super important to continue justifying the earnings multiple expansion and capex guide but if the summer takes a breather on momentum, it feels like that’s probably the opportunity to continue gaining exposure to the broader AI thesis. Without those opportunities, there would be a bubble since vertical moves always get punished and one could argue that we’ve gone so vertical that this type of a drawdown over the past few days is the healthy part of a bull market which creates the opportunities for it to continue.

@amitisinvesting Maybe markets will start to have Green Day’s when you start doing your daily live streams. We are waiting!

$PLTR DA Davidson upgrades Palantir to Buy from Neutral, PT $175 Karp going viral by speaking on national television & saying the truth about tokens, software, and compute can definitely make some analysts get a bit more excited

@KrisPatel99 Stick to your airlines and cruise lines

$MU This looks attractive... for competition... $CXMT and $YMTC are going to have field day commoditizing the shit out of the memory market. Extortion pricing only invites market corrections. Memory is now hitting extortion level pricing... This is the exact same thing I warned about $NVDA last year when everyone said $NVDA CUDA moat was too strong for anyone to bring in alternatives. $NVDA went into margin extraction mode and forced Google, Microsoft, Amazon etc to push more non-Nvidia ecosystem chips. The market doesn't care about what your doing today, it definitely cares about what your customers will do tomorrow. Unlike $NVDA which did have more of moat, $MU doesnt. Its sensitivity to commoditization headlines will be alot more pronounced. Anyone expecting $MU to have the same velocity of run ups going forward should recalibrate. This doesnt mean $MU will be a bad investment in the short term. It just means all the pie in the sky "BUY ratings" will be shit and actually serve as exit liquidity to unsuspecting new entrants. Remember these are the same analysts that said $NVDA would be worth $300 right now. Id focus on how many companies CXMT and YMTC are able to siphon off in the coming years. Companies like Dell, HP and Corsair are already switching. Any before anyone chimes in about "HBM bro" Yeah the Chinese are quickly catching up, so thats not going help you either.

@21mattsmith1998 @FirstSquawk Wrong

@FirstSquawk If this happens, rip to MU stock lol.

APPLE SEEKS U.S. APPROVAL TO SOURCE MEMORY CHIPS FROM CHINA’S CXMT: FT Apple is seeking U.S. government clearance to purchase memory chips from Chinese DRAM maker CXMT, according to the Financial Times. The move aims to ease supply shortages and rising memory chip costs driven by AI demand. CXMT is on the Pentagon’s Chinese Military Company blacklist, making the proposal politically sensitive despite no current legal ban on purchases. If approved, the deal could diversify Apple’s memory supply chain and reduce dependence on Micron, Samsung, and SK Hynix. (ft.com⁠)

@StockSavvyShay So Apple wants to buy Chinese memory chips.. taco isn’t going to like this..

$AAPL is reportedly seeking U.S. clearance to buy memory from China’s CXMT (Pentagon-blacklisted DRAM supplier) as AI-driven shortages push memory costs higher. Really important to call out that CXMT is mostly trailing-node commodity DRAM (not leading-edge HBM) so even if Apple gets approval, it doesn't solve the high-bandwidth memory shortage driving the AI server margin pool. I also do think that Apple losing hundreds of billions in market value on a 15-20% pricing announcement and then lobbying for a politically sensitive supplier tells you the input-cost shock is real even for the most defensible consumer hardware franchise in the world. For $MU, Samsung and SK Hynix, HBM is what the bull case rests on scarce and locked under contract but commodity DRAM is where a state-backed CXMT eventually bites and thats the only part of the thesis Apple's move actually threatens.

@RealMattMoney I’m rooting for you in the stock draft! Your picks are great! Picking $MU first gives me conviction to hold even on a day like this! Long $RKLB, $MU

Wen you finally digest this, you’ll realize you weren’t thinking big enough. $RKLB

@DeItaone We have heard this story countless times. You know what happens next 5 to 10% pull back, followed by a rally. Zoom out people.

TECH SELLOFF DRAGS US STOCK FUTURES LOWER US equity futures fell sharply Tuesday as investors questioned the outlook for AI spending and returns. Nasdaq 100 futures dropped 2.5%, S&P 500 futures fell 1.3%, and Dow futures slipped 0.6%. AI giants, chipmakers, and SpaceX faced heavy selling as concerns grew over excessive infrastructure spending. Higher Treasury yields and pressure on financial firms added to the market’s cautious mood.

@KrisPatel99 @amitisinvesting Kris are you buying iren for your personal portfolio?

$IREN People are asking what got me bullish on $IREN. I’d watch this morning interview that @amitisinvesting had with an analyst from semi-analysis. There were also recent acquisitions that now give $IREN similar long term unit economics on a per MW basis as $NBIS. The biggest difference is that $IREN has the secured power that isn’t yet contracted. Which is likely to come in as a catalyst. This hasn’t been baked into the valuation yet. But when it does, the stock could draw a lot of people from the Nebius and Coreweave investment ecosystem to them. Another clear path to similar returns seems to be baked into $NVDA assessment as they have agreed to the same convertible deals as CoreWeave and Nebius. This creates an incentive for those in “Jensen jail” to partner with a preferred partner. The interview highlights just how strong of a power portfolio they have. The current constraint that’s developing with Blackwell ramp up is power. Those with power have the ability to demand good terms. youtube.com/live/QVF3i5ONY…

@Hines690 Deals coming few

I’m curious, what is everyone’s timeline for holding $KEEL

@Sam_Badawi Price prediction for mu after earnings?

$INTC Intel is hiring leadership from memory giant SK hynix, while $AMD is acquiring MEXT to improve AI memory optimization and efficiency. The industry's biggest bottleneck is increasingly becoming memory, not compute, which is a major tailwind for $MU and $SNDK. Memory constraints and pricing pressure look likely to persist for years as AI infrastructure demand continues to surge.

@amitisinvesting Same! Let’s ride!

only got one share of $SPCX but still very grateful to Robinhood $HOOD for trying to give access to as many retail investors as possible largest IPO in history coming up today

@mikealfred Will you buy $RR of it goes to $1

If Adobe goes to $85, I’d buy it. If Salesforce goes to $65, I’d buy it. If ServiceNow goes to $45, I’d probably buy it. Until then, there simply isn’t enough margin of safety. All software is vulnerable. You have been warned repeatedly. Buy the disruptors, not the disrupted

@danielnewmanUV Sounds like memory chips are going to be sold out till 2032😜🚀

Hmmm. The anti-AI crowd said it wasn’t possible. Elon begs to differ. 🙃

@Lemonade_Inc when Canada expansion?!

@wallstengine @CaktusJxck @amitisinvesting

$IREN signed a transmission connection agreement for an 800MW data center campus in Bundey, South Australia. The site includes four 330kV feeder exits supporting up to 800MW without network upgrades, with energization expected from 2028. The project gives IREN its first announced Australian data center campus, with submarine fiber connectivity to APAC markets including Singapore, Indonesia, South Korea, and Japan.

@FirstSquawk @CaktusJxck

RUSSIA PLANS RETALIATION AGAINST ROMANIA FOR SHUTTING DOWN ITS CONSULATE, ACCORDING TO TASS.

@visegrad24 @CaktusJxck

Apart from striking an apartment building in Romania, Russia also struck a Turkish ship in the Black Sea last night. 🇷🇺🇹🇷🇷🇴

@visegrad24 @CaktusJxck

BREAKING: A Russian suicide drone has struck an apartment building in Galați, Romania. Several Romanian civilians are wounded, with some reportedly being in serious condition. Romania is a NATO member state 🇷🇴

@visegrad24 @amitisinvesting