Tevis Space

Futures trader • The Losers Fund. Comedian in a trader’s body • Macro only 🥈 Robbins World Cup Futures 2025🇺🇸🇪🇸

[Tevis Space @FunOfInvestment]

No Fiesta Friday show this week. We will be back with Bootleg on Monday

[Tevis Space @FunOfInvestment]

This is your reminder that $META is still down year to date, trading for $550

[Alexandr Wang @alexandr_wang]

@vasuman 🫡 wait til you see what we have coming next

[Tevis Space @FunOfInvestment]

$NBIS is raising $5 bil. I think a big deal might be around the corner.

Possibly $GOOG I wrote $200 CSPs for December, collected $37 for them. ($14.8k collected for $80k collateral)

[Tevis Space @FunOfInvestment]

Allen is going to make me sell more CSPs on $NBIS

[Allen Stevens @philllyfanatic]

$NBIS I’m running the facts I know through my head and just going to throw this out there. I have no concerns right now and firmly believe we are very close to the pot of gold at the end of the rainbow.

We knew there was a 25M share ATM they could tap. At earnings they said they tapped 12.7M shares already. They also announced that they had over $8B sitting in cash.

Nebius doesn’t announce a $4.5B capital raise, tanking their stock and then tap the other 12.8M shares. They very likely tapped the other 12.8M shares last week and Monday when stock was over $270 raising another $3.5 billion.

This would give them over $11.5B in cash. Add an oversubscribed $5.5B offering today and they sit on $17B cash.

We know they get at least 40% prepayment on their deals and that they fully pay for themselves within 22 months.

What can Nebius do with $17 billion in cash and a 40% prepayment? They can sign a monster hyperscaler deal with Google, OpenAI or maybe Anthropic the likes of which we have never seen.

I looked at the chart. NBIS hit $300, dipped to $146, went up to $280 and today dipped to $216 which incidentally is the 21 DMA and 50DMA - a strong confluence where a great company would typically bounce. We are in the handle of a cup and handle. Look at the chart.

I told my wife if I had any cash at all I’d buy right here right now. There’s an announcement coming soon after the $4.5B offering is closed by Monday.

There’s a lot of gold at the end of this rainbow and those that hold or buy here I feel will be rewarded.

(And because I work at a large bank I’m going to add that this is not financial advice)

But I’m not selling a single share that I bought at $32.50 on 6/2/25 on that capital raise. They are up 7x and I think anyone that buys this capital raise will be rewarded.

[Tevis Space @FunOfInvestment]

$META trial started this week. Here's what actually matters:
- 29 states as plaintiffs.
Federal case.
- California judge.
- Trial expected to last ~6 weeks

- NOT a standard jury trial. 8 jurors in advisory role only. Judge decides outcome and penalties.

[Tevis Space @FunOfInvestment]

Over a long enough run, all companies will be under $1

Except none of us reading this will be alive to see it

[unusual_whales @unusual_whales]

Michael Burry says Palantir, $PLTR, will be at under $1 over the long run.

[Tevis Space @FunOfInvestment]

$NBIS raising $4.5 billion via convertible notes! Can’t wait for a hyper scaler announcement to follow within the next several weeks

[M. V. Cunha @mvcinvesting]

$NBIS announces proposed private offering of $4.5B of convertible senior notes.

• $2.75B of notes due 2030
• $1.75B of notes due 2034
• Potential for an additional $675M

Key terms, including the interest rates and conversion prices, will be determined at pricing.

[Tevis Space @FunOfInvestment]

Naturally the market will panic over this headline, for good reason given the amount of investing in OpenAI from markets.

Worth calling out that Sol & the 5.6 family of models released July 9th and would therefore not be accounted for here.

[Evan @StockMKTNewz]

OPENAI'S REVENUE GREW 18% LAST QUARTER. ANTHROPIC MORE THAN DOUBLED ITS OWN AND OVERTOOK OPENAI FOR THE FIRST TIME

OpenAI's revenue grew to $6.7 billion in the quarter ended June, up from $5.7 billion in Q1

Anthropic's revenue more than doubled to $11.6 billion over the same period, the first time it's surpassed OpenAI. Anthropic also swung to a small operating profit - WSJ

[Tevis Space @FunOfInvestment]

Is $ONDS a Buying Opportunity?

There's a ton of you who follow Ondas...

Which means, this SATURDAY at NOON EST, we are doing the next episode of STOCK TANK where @BMSInvests will pitch us $ONDS stock.

Should be fun. Save the link below for the stream. See you on Saturday.

[Tevis Space @FunOfInvestment]

$NBIS lol why don’t these guys just wait for the decision instead of lowering their PT by $75 only to bring it back up one week later…

[M. V. Cunha @mvcinvesting]

DA Davidson raised its PT on $NBIS from $175 to $250.

[Tevis Space @FunOfInvestment]

BREAKING: Vineland board vote has PASSED by an overwhelming 9-1 majority. $NBIS can continue construction.

[Tevis Space @FunOfInvestment]

Personally dont think $META will be under $590 by December.

If it is, I'll be the happy owner of 100 shares at an adjusted cost basis of $530.

If it is above $590, I'll keep the $6k in premium

Most likely I'll end up closing this ahead of December if the trade goes my way.

[Tevis Space @FunOfInvestment]

$META -3% today on continued lawsuit fears (29 states, big sticker penalty fee of $1.4 trillion is pure shock value). -13% YTD, growing over 20%, trading at just 18.5x forward P/E. The market hates the AI spend, sentiment in the dump. Time to add to my position

[Tevis Space @FunOfInvestment]

$2 Trillion PLUS Anthropic IPO incoming...

[Tevis @FunOfInvesting]

$2 Trillion PLUS Anthropic IPO incoming...

[Tevis Space @FunOfInvestment]

Piper Sandler initiates $SOFI at Overweight with a $22 PT

[Shay Boloor @StockSavvyShay]

Piper Sandler initiates $SOFI at Overweight with a $22 price target and calls current levels an “attractive entry point for long-term investors” as SoFi enters its next leg of growth.

The firm models a 22% revenue CAGR and 27% adjusted EBITDA CAGR through 2028 as SoFi pairs a large lending and debt-consolidation opportunity with a broader ecosystem spanning checking savings investing credit cards and insurance.

The real flywheel is cross-sell with product growth at 43% outpacing 35% member growth in Q2 as customers add more products which Piper says should lift engagement lifetime value and growth durability.

[Tevis Space @FunOfInvestment]

$META stock pump on layoffs incoming?

[Kalshi Finance @Kalshi_Finance]

JUST IN: Mark Zuckerberg says Elon Musk was "quite ahead" when making Twitter leaner and cutting management layers

[Tevis Space @FunOfInvestment]

$VIX under $15 is your sign to consider taking some gains over portfolio screenshots

[Hedgeye @Hedgeye]

JUST IN: $VIX plunges to lowest level YTD

[Tevis Space @FunOfInvestment]

Market is re-pricing rate hikes... Can someone please let $SOFI know?

[*Walter Bloomberg @DeItaone]

🇺🇸 TRADERS NO LONGER FULLY PRICE IN A FED RATE HIKE THIS YEAR

Prediction markets now see a 70% chance the Fed holds rates steady in September, versus 29% odds of a 25bp hike.

A 25bp cut is priced at just 2%.

Markets are increasingly betting the Fed can remain on hold as inflation cools.
https://t.co/3TXWilnZWT

[Tevis Space @FunOfInvestment]

Pilates and Trading Girlie 4 life!

[Tevis Space @FunOfInvestment]

Happy Trading! I love our beautiful country of America