$SMCI showed up on my morning screener of weekly ideas. Naturally, it is up a lot in pre-markets.
With that said, the President is personally invested in this company. It is an American AI play, with more annual revenue than market cap. Its products are still outstanding and desired.
Could be the start of a nice uptrend.
My guess to which AI stocks the government would buy:
$NVDA, $PLTR, $ORCL, $META, $AMZN, $MSFT, $TSLA, $SPCX, OpenAI, and Anthropic.
Why? Each company is led by CEOs that donated large sums to the WH Ballroom, MAGA, or Trump’s Inauguration fund.
These are all companies that can easily be given government contracts.
Other companies who could pay-for-play could be $MRVL, $AMD, $CRM, and $NOW.
I’ll participate in the buying, because I care about my own ROI and have the means to, but the Government investing in companies is such an odd thing for the U.S.
Simply the most expeditious way to explode wealth inequality. Constant evolution of corruption in the markets.
@bitcoinbutcher1@elonmusk@xai@SpaceX The deal will apart once Google sells their SpaceX investment. They just to add to the hype so they can sell at a good level.
@joecarlsonshow I mean, it just seems like Google wants to contribute to the good news hype factory for the upcoming SpaceX IPO. That deal will be gone when Google divestment occurs.
Why do companies go public?
Raise money and provide liquidity for early investors and employees.
Global liquidity doesn’t look good.
Large IPOs rushing to be ahead of others.
Richest cash companies in the world raising funds fast, instead of simply pausing buybacks.
Gates is out of equities.
Each index high met with lower volumes.
Let’s hope this is only about the indexes making room for the IPO.