Tough day for semis/tech but AI spend cycle is accelerating. Make your shopping list!
$AVGO $IBM $SNOW front and center for me.
Enjoy the weekend.
Thought fitting:
Kings of Leon - To Space
$CIFR CEO Tyler Page teases future behind-the-meter on-site generation for Cipher Digital 👀
“Hyperscalers and neoclouds are looking for ways to get power faster. The easiest way in a lot of cases is tapping the pipeline by our property and generating our own electricity.”
If you are an Opendoor shareholder, I have an ask.
Proxy advisors at ISS and Glass Lewis have recommended shareholders to vote against me at our Annual Meeting. I don’t take this personally. This is the fifth time in my career these same people have told people to vote against my team.
These proxy advisors have built no companies and are not meaningful shareholders of OPEN. They're a checkbox industry charging fees to tell other people what to do with shares that aren't theirs.
Usually most companies can’t do anything about this since many institutional shareholders will just vote the way ISS tells them to.
But Opendoor has the Open Army! It is important that we stand up against this separation of management from shareholders.
If you are so inclined, help tilt the world in favor of shareholders and away from bureaucrats.
Find out how (ask your broker, check your emails) and vote your shares. Our board is excellent. We are back on mission and we are winning.
Don't outsource your vote. Read the proxy. Vote your shares.
Wall Street still thinks Tesla is a “car company” while Elon quietly wired it into SpaceX’s entire supply chain… and gave public investors a back door into the biggest IPO in U.S. history.
I broke down the whole thesis here 👇
https://t.co/S6y9qrfWHe