Ashish

100% mission success

@amitisinvesting That is an amazing recap, Amit. Wow!

A TON OF THINGS HAPPENED IN THE STOCK MARKET TODAY. Here's a full recap: 1. President Trump today said Chinese President Xi Jinping promised him that China is not sending weapons to Iran, adding that he takes Xi “at his word” after what he described as an “amazing” trip to China. Trump also said Iran has “a little capacity, not much,” while emphasizing that the U.S. is “not leaving Iran yet” and is “going to do it right.” On oil prices and the broader Iran situation, Trump suggested the pressure may not last much longer, saying it “won’t be much longer.” 2. Google $GOOGL showed how massive AI demand has become at their I/O event today with monthly tokens processed across its surfaces rising from 9.7T in May 2024 to about 480T in May 2025 and over 3.2Q in May 2026. That is roughly 7x year-over-year growth, powered by 3B+ users across Search, Gmail, Android, Chrome, and YouTube. Google AI Mode in Search now has 1B+ monthly active users. The company also announced Gemini Omni, a new natively multimodal video generation model inside Gemini, alongside Gemini Spark, which will connect across Gmail, Sheets, Chrome, and other Google apps to coordinate tasks. Google is also reshuffling AI Ultra pricing, adding a new $100 plan while cutting the prior top tier to $200 from $250. 3. Former OpenAI researcher Andrej Karpathy has joined Anthropic, a notable hire in the race for top AI talent. Karpathy is widely regarded as one of the most influential AI engineers in the industry, having previously led AI efforts at $TSLA Tesla, helped build early large language model systems at OpenAI, and created popular AI education content followed by millions of developers. He is especially respected for his work in deep learning, neural networks, computer vision, and AI training infrastructure. The move matters because Anthropic continues to strengthen its research bench as competition intensifies around frontier AI models, reasoning systems, and autonomous AI agents. 4. Bloomberg reports $SPCX SpaceX still plans to move forward with its proposed $60 billion acquisition of Cursor roughly 30 days after its IPO. According to the report, SpaceX would owe a $10 billion cash payment if the deal fails to close, highlighting the scale and seriousness of the agreement. 5. U.S. household equity holdings are up another $4 trillion year-to-date after rising roughly $10 trillion in 2025, $9 trillion in 2024, and $8 trillion in 2023. Since 2023, household equity ownership has surged by a combined $31 trillion. Households now own about 40% of the entire U.S. equity market, the highest share in at least two decades. Foreign investors hold roughly 18% of the market, followed by active mutual funds and ETFs at 10% each, while pension and government retirement funds account for about 9%. 6. WSJ reports the U.S. seized the Iran-linked oil tanker Skywave in the Indian Ocean overnight as the Trump administration continues pressuring Tehran while weighing possible military action. The tanker was sanctioned in March for transporting Iranian oil and was believed to be carrying more than 1 million barrels of crude. The seizure marks another escalation in Washington’s crackdown on Iran’s shadow oil fleet and sanctions-evasion network. 7. After seven failed attempts, the U.S. Senate advanced the Iran War Powers Resolution in a 50-47 vote, a measure that would require congressional approval for continued military strikes on Iran. The move came after President Trump said he is considering resuming the Iran war, prompting a response from Iran’s Foreign Minister Araghchi, who said: “Months after initiation of war on Iran, US Congress acknowledges loss of dozens of aircraft worth billions. Our powerful Armed Forces are confirmed as 1st to strike down a touted F-35. With lessons learned and knowledge we gained, return to war will feature many more surprises.” 8. The average interest rate on a 30-year U.S. mortgage has climbed to 6.75%, the highest level since July 2025. At the same time, the 10-year Treasury yield has surged to 4.7%, while the 30-year yield reached 5.1% — its highest level since 2007. 9. Electrek reports $TSLA’s Brookshire, Texas site will include a vertically integrated solar manufacturing operation alongside its Megapack Megafactory. The plan reportedly spans ingot growth, wafer slicing, PV cell production, and finished panel assembly, far beyond basic module assembly. Tesla is targeting 100 GW of annual U.S. solar manufacturing capacity, compared with roughly 300 MW at Buffalo and First Solar’s expected 17.7 GW by 2027. The 100 GW by 2028 goal still looks extremely aggressive, but the reported $250M+ cleanroom buildout and prior CNBC report of a $2.9B Chinese equipment deal suggest Tesla is making a serious push. 10. The surge in agentic AI demand and ongoing compute shortages are driving LLM token prices higher. Average LLM token costs have now reached $2.12 per million tokens, up 12% this week alone and 65% since the end of February. 11. Korean investors are reportedly liquidating safety nets to chase the semiconductor rally, with life insurance surrenders at the top three insurers rising 16% last quarter and savings bank deposits falling below 100 trillion won for the first time in four years. Commercial bank time deposits have dropped by 12 trillion won since February, as capital increasingly flows into names like SK hynix and Samsung. The risk is that this rally is being fueled less by new income and more by investors pulling money out of conservative assets. Investors over 50 now hold 62% of margin loans at Korea’s top 10 brokerages, while margin debt among investors in their 60s doubled from 3.9 trillion to 8 trillion won in one year. These are investors who historically favored deposits and real estate, now entering a semiconductor rally at record highs with borrowed money. 12. Leaked audio from a $META Meta all-hands ahead of tomorrow’s layoffs reportedly shows Mark Zuckerberg telling employees that their device usage is being used to train AI models. Zuckerberg said Meta employees are better suited than outside contractors because “the average intelligence of the people who are at this company is significantly higher,” and the goal is to teach AI how “really smart people use computers.” He said the content is stripped out and not used for surveillance or performance tracking, but admitted the rollout was mishandled and that Meta intentionally limited communication to avoid leaking competitive AI strategy. The bigger concern is the cycle this points to: employees train the AI, the AI automates more workflows, and then parts of the workforce become easier to replace. WALL STREET IS THE GREATEST SHOW ON EARTH.

@elonmusk All horrific, but the case of Girija Tickoo (Kashmiri Hindu woman) is more numbing. In June 1990, the Exodus of Kashmiri Hindus, she was lured back to collect her pending salary. She was brutally gang-raped & cut into two halves using a saw while she was still alive.

These come from court transcripts

The 1,000th Rutherford engine has rolled off the production line🎉The world's first 3D printed, battery-powered rocket engine is now one of the most manufactured rocket engines on Earth.   Congratulations to the production and development teams behind Rutherford. You make the most complex engineering and manufacturing feats look easy.

It was an honor to host the Chief of Space Operations General Chance Saltzman @SpaceForceCSO at Rocket Lab recently. From responsive launch to advanced spacecraft, we’re proud to play a central role in securing the ultimate high ground for the @USSpaceForce.

Memory is the new bottleneck. Nick Gagnet, Coatue Sector Head, on the AI infrastructure shift and why memory demand could 5x in 5 years.

Rocket Lab Robotics is coming 🤖 Our acquisition strategy is proven and effective: identify the best space technologies that have struggled to scale, and bring them into the Rocket Lab ecosystem. That’s what we’re doing with Motiv Space Systems, adding Mars-proven robotics heritage to our rapidly expanding capabilities. As leaders in motion control systems and precision mechanisms, Motiv will also bring in-house traditionally costly and supply-constrained spacecraft components including solar array drive assemblies, antenna and propulsion gimbals, filter wheels, focus mechanisms, and precision drive electronics.

Adam Spice says he could see a world where Rocket Lab HASTE vehicle could be launched upwards twice per month. 24 times per annum. He also noted that it does not only need to be from LC-2 at Wallops Island, VA, but a few different places. Currently they are expecting approximately 6 HASTE launches in 2026 (statement was 20-25% of Electron launches in 2026 will be HASTE). $RKLB

$RKLB 🚀Motiv = @RocketLab Robotics. Wasn’t on my bingo card. What’s in the box: ✅ Robotic arms (various environments) ✅ Motion components (actuators, drives, SADAs…this last one is a BIG one) ✅ Control electronics & software ✅ Ground robots ✅ Custom engineering ✅ ~50 engineer workforce ✅ 3 founders with DEEP Mars heritage. They’ve literally touched every single US Mars mission. What this means: 🔥Super robust Mars heritage 🔥Upcoming Lunar heritage. CADRE mission = 3 rover autonomous swarm launching onboard of Intuitive Machine’s lunar lander! 🔥🔥🔥Mars heritage + Lunar heritage = No matter who gets the contract, they’ll need our services. To quote SPB, “If we win we win, if we lose we win” THIS adds to the picks and shovels play. Motiv was acquired to relieve the Solar Array Drive Assembly constraint. The robotics and associated heritage is the absolute cherry on top. 🍒 Motiv’s CEO story runs parallel to SPB’s. Engineer, founded Motiv out of the drive to found a company believing that he could build faster, cheaper, and better than legacy players he had worked-for. EXCELLENT AND EXCITING ADDITION TO THE ROCKET LAB ECOSYSTEM. #RocketLab

$RKLB ROCKETLAB PARTNERS WITH ANDURIL. I've invested in Rocketlab since early 2025, but I *just* invested in Anduril 2 weeks ago privately. I definitely paid a premium in the private markets but it seems inevitable that Anduril will be one of the largest defense companies on the planet and their diversity of partnerships, now with companies like Rocketlab, continues to reinforce that thesis. "The partnership brings together two defense industry leaders to advance one of the Department of War's most critical technology areas: scaled hypersonics that deliver Mach 5 and beyond capabilities for future defense missions." Rocketlab is one of the most exciting companies on Planet Earth. Incredible to see them & Anduril work together 🚀

We're partnering with @anduriltech to deliver commercial speed and innovation to hypersonics tech development for the @deptofwar. With Anduril tech on multiple HASTE launches, we're working together to deliver Mach 5 capabilities and beyond for future defense missions. First mission launching within 12 months.

@RKLBMan Lantronix Inc, for IOT

I initiated my $NVDA position in early 2021. It's currently 11X. I initiated my $RKLB position in summer 2022. It's currently 18X. My next potential 10 baggers IMO: - $NBIS (+320%) - $ASTS (+220%) I try to keep this going. Would love to get into AI energy or more semis but I missed those moves. What else should I be looking at?

Next up on Electron will be the "Viva La StriX" mission, our ninth dedicated launch for @synspective to deploy their Earth-imaging constellation in LEO. The mission is set to launch NET May 22 from Launch Complex 1.

Prediction: @RocketLab is going to get order(s) from sovereign governments for things like comms and optical constellations, and Rocket Lab is going to sell them the entire stack: design, manufacture, launch, and operations. Here's Adam Spice at the Goldman Sachs Industrials & Materials Conference, Dec, 2025. “If there is anything that’s misunderstood [by the market], it’s an underappreciation for the growth that companies like us are going to see in the international markets” “Geopolitics has created less of a sharing of capabilities… [and more sovereigns are going to have a redundant spend model where they spend their own money on redundant systems] [And they’re going to buy it from us] $RKLB

$RKLB Busy week for me. Did I miss an announcement on this? Do we have confirmation? Seems huge. 🚨🚨🚨 “Meta Announces Space-Based Solar Power Partnership with Rocket Lab” “Meta has signed a strategic partnership with Rocket Lab to deploy a network of solar power satellites in low Earth orbit, aiming to commercialize space-based solar energy by 2030. With an initial investment of $1 billion, the project will leverage Rocket Lab’s launch capabilities and satellite manufacturing technology, combined with Meta’s AI energy management systems, to explore the feasibility of transmitting clean electricity back to Earth.” mediatcb.com/news/20260428/…

@n_shekar_IND Then it makes sense, especially if your child has the option to move away if the situation becomes untenable for the so carried "upper castes".

@palnvd 1. one here and one abroad. 2. I am beyond reservation problems now.

I went to America in the early 80s, during the PC era, to do my masters and after a decade (11 years) returned to India with my wife and USA born children before the internet era. I was blessed to have worked in two startups in Silicon Valley and also a larger company Sun Microsystems. Moved to Singapore for 3 years as no Indian IT company was ready to hire someone from USA. I was lucky work USA software multinationals and moved back to India in early 1996 and have been in a CXO role since then. I was fortunate to lead the India’s pioneer in Internet based products and services company SIFY in their software division and brought in many technologies that are still being used here. I was involved in SIFYs IPO in Nasdaq. I was also sought out along with my colleague to do a venture funded startup by SoftBank investment arm in India in 2001. In my startup I faced the collapse of Internet dot com boom to bust and pivoted our startup to more trending technologies- web services - precursor to today’s AWS and Azure. Managed to run the startup with no external funding and exited after 5 years. Later ended running a Boeing subsidiary as the MD for six years before retiring in 2015. As a giving back to society was the founding president of the Aerospace and Defence industry association of TamilNadu and played a role in the first Defence Industrial corridor and have been involved in helping a few Indian deep tech startups from IIT Madras and outside. I don’t regret my return to India as I didn’t seek the quality of life that exists in USA. I came back because I wanted to and I had to for family reasons. If you come back saying you want to try for a couple of years you would want to go back. Also make sure your wife’s full support is there. And please do it before the children turn 10. Everyone’s life is different and there is no defined way to do this. What is required commitment and perseverance. Good luck.

@gurgavin Rocket Lab or Amprius Technologies Inc.

IF I GAVE YOU A MILLION DOLLARS RIGHT NOW AND YOU COULD ONLY BUY AND HOLD 1 STOCK FOR THE NEXT YEAR WHAT WOULD IT BE ?

@RealMattMoney That isn't always true. When the macro environment is poor, you can bide your time for the right price. Additionally, it isn’t just about that one stock; opportunities are aplenty. If you choose the wrong selection during a macro downturn, the opportunity cost is much higher!

Unpopular opinion - If I believe a stock will 5x from here in the next 10 years… I’d rather buy it today, even if it is a little bit expensive - so it guarantees I own it am along for the ride… Than to wait for a 5-10% pullback in price which may never come.

100% mission success! On to the next…