@flakeybrunette Been watching TSMC too. That 417 area held like glue, so the bounce was expected. Not convinced it's clear sailing yet, but the support is definitely talking.
Google basically kicked the door open for the Mag 7 to start doing ATM offerings. Instead of buying back stock, they're selling shares now. Why? AI buildout. If that spending pays off, the market might be cool with it. But guess Google already borrowed enough and needs cash from
$SPCE squeeze continues as the stock gains 22% in pre-market trading
The stock is now up 120% this week on speculation that people will think they're investing in SpaceX 😵💫
Nvidia’s Jensen Huang says we’re at the start of a whole new market – CPUs built for AI agents.
Early adopters already signed up:
OpenAI, Anthropic, SpaceX.
Cloud partners:
Nebius, Oracle, CoreWeave, Nscale, Crusoe, Firmus, Lambda, Together AI.
Ecosystem too big to
The market is seeing a crazy split:
The equal-weight S&P 500 vs the regular S&P 500 ratio fell to 1.1, its lowest since 2003.
That's even lower than the 2008 crisis low of ~1.2, and down 28% since Feb 2023 — the worst drop since the dot-com bubble.
Meanwhile, the S&P 5
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