This is absolutely incredible.
Investors now perceive Nvidia to be as creditworthy as the US government.
Nvidia's $NVDA, 5-year credit default swap (CDS) is trading at ~38 basis points, slightly below the US sovereign CDS, at 40 basis points.
In other words, markets consider the world's largest company to be less likely to default on its obligations than the US federal government.
This comes as in FY2026, Nvidia carried only ~$8.5 billion in total debt against ~$10.6 billion in cash and generated nearly $100 billion in free cash flow, giving it one of the strongest balance sheets of any company in the world.
Even if Nvidia's earnings dropped -90%, it would still rank among the 100 most profitable companies in the world.
Markets are treating Nvidia as one of the safest companies on the planet.
Every stock $NVDA has touched, invested or talked about has ran crazy in last year or so. So worldโs most critical stock is overdue for a breakout! $270 incoming soon! NFA
@blueorigin 's New Glenn just exploded during a static fire at LC-36. $ASTS is down 6% after hours. Before you do anything, read this.
No $ASTS satellite was on this rocket. This was a test firing with no payload.
BB8, BB9, BB10 are launching mid-June on a @SpaceX Falcon 9. Different rocket. Different pad. Completely unaffected. The most important near-term catalyst hasn't changed.
The 45-satellite target for 2026 does not depend on New Glenn. ASTS can hit it on Falcon 9 alone.
What IS a legitimate concern: $ASTS wanted multiple launch providers to avoid depending on @SpaceX - who is also their competitor. New Glenn being grounded again means more reliance on @SpaceX for future launches. That's not ideal but it's manageable. ULA Vulcan and ISRO remain alternatives.
What IS NOT a concern: the next launch, the constellation timeline, or the fundamental thesis. Nothing about tonight changes the $740B D2D TAM, the carrier JV, the EU sovereignty decision, or the SpaceX S-1 repricing.
Algo and some retail will see "Blue Origin explosion" and panic-sell $ASTS because of the BB7 association. That's emotion, not analysis.
The thesis hasn't changed. The June launch hasn't changed. Breathe.
$ASTS ๐ฐ๏ธ
@valerijatrades1 Youโre crushing it! Probably should consider starting a subscription lol. What kind of capital youโre using for options portfolio if I may ask?
BREAKING: The US and Iran are closing in on a deal that would extend their ceasefire by 60 days and lay the framework for discussions on Iran's nuclear program, mediators say.
Details include:
1. This would include a "gradual reopening" of the Strait of Hormuz
2. It would also include a commitment to discussing the "diluting or handing over" of Iran's highly enrich uranium
3. The US would ease its blockade of the Strait of Hormuz and agree to sanctions relief
4. The US would also begin a phased unfreezing of Iran's assets
Both sides are nearing a "memorandum of understanding" to extend a ceasefire.
BREAKING: The US and Iran are closing in on a deal that would extend their ceasefire by 60 days and lay the framework for discussions on Iran's nuclear program, mediators say.
Details include:
1. This would include a "gradual reopening" of the Strait of Hormuz
2. It would also include a commitment to discussing the "diluting or handing over" of Iran's highly enrich uranium
3. The US would ease its blockade of the Strait of Hormuz and agree to sanctions relief
4. The US would also begin a phased unfreezing of Iran's assets
Both sides are nearing a "memorandum of understanding" to extend a ceasefire.