Cha

[iain @ohiain]

4 of my top watches heading into tomorrow:

$AAOI, $GM, $CRDO, $DOCN.

All 4 are showing favorable signs of relative strength + tightness against the moving averages, which is exactly what I want to see before potential continuation.

The goal isn’t to chase strength after it’s obvious… it’s to prepare the night before, identify the leaders, mark the key pivots, then wait for price to confirm.

Preparation creates conviction!

[Prof @TheProfInvestor]

$RDDT This is the easy choice which most people are not going to make today:

> Seven straight quarters of 60%+ revenue growth.
> 91.5% gross margins. Barely any costs to scale.
> 126.8M daily active users and still growing. International up 76% - the US is already monetized.
> ARPU up 44% to $5.23. US users at $9.63. International at a fraction of that - the monetization gap alone is a multi-year growth story.
> $311M free cash flow on $1M in capex
> AI companies are paying Reddit to train their models on human generated content.
> Just authorized a $1B buyback

[Za @ZaStocks]

$CRWV

Notable shareholders:
OpenAI, Nvidia, Leopold Aschenbrenner

Notable customers:
OpenAI, Nvidia, Anthropic, Meta, Google, Microsoft, IBM, Perplexity

And Dell delivered the world’s first Nvidia Vera Rubin NVL72 rack to Coreweave this weekend.

Time to play some catch up.

[Serenity @aleabitoreddit]

To be fair Trump did tell everyone to buy $DELL, multiple times this year.

He did go out and buy $1-$5M worth of Dell stock himself after all…

But should have seen this coming with Dell blowout earnings. After what happened with $INTC.

If you feel like you’re late, there’s a lot of implications to Dell’s upstream suppliers that markets might not have priced in yet.

[Serenity @aleabitoreddit]

- $AAOI at $12B
- $SIVE at $2B
- Foci at $2.8B
- Shunsin at $2B

Usually the best risk/reward to me currently. Lot of my answers before like $AXTI already 10x’d, so different lineup this time.

$AAOI due to absurd H1 2027 revenue projections from capacity ramp, doing everything from laser fab to assembly in America.

$471M/month… that’s in 2027, the TAM increases exponentially in 2028.

$SIVE is also ramping absurdly high, 77% revenue pipeline growth of the entire company’s history to ~$799M

Primarily from photonics… in a single quarter. And they’re projecting 60% gross margins off that.

Foci - $NVDA / $TSM primarily FAU supplier and bottleneck for COUPE. Genuinely not sure how this is $2.8B.

BOM share for their passive components + FAU are massive in 2028. Just a bit early H1 2026.

Shunsin - Legit you see Foxconn get CPO/photonics related orders over and over for $NVDA and others.

Just nobody knows the packaging/testing gets done by Shunsin.

A lot of contracts are also under Shunsin’s subsidiary too.. so markets/algorithms don’t know what’s coming imo.

Runner up is $XFAB, they’ll probably be central to EU CHIPS act 2 for silicon photonics at ~$1.5B MC.

And of course SiC/GaN foundries should go brr with 800vdc push by Nvidia.

Especially if they’re the only high volume one in United States per Dpt. Of Commerce.

And it’s such a low price/book ratio so you’re kinda getting the company upside for free, while US Gov/EU Gov subsidize their capex.

[Serenity @aleabitoreddit]

$AAOI is actually my favorite photonics exposure in the US market right now.

I went long last year with low sizing at $28, back when I guessed they were qualifying with $AMZN and $MSFT.

High conviction post earnings at ~$70, when they announced 1.6T and other volume orders with hyperscalers.

Capacity projections at $90 for 2027 timelines were bullish.

Now at $150, the story from 2025 is coming together with all the laser fab bottlenecks, GS optical TAM projections, Made in America efforts, $NVDA / $AMD discussion rumors.

The only thing holding them back is ATM after ATM, and now another $600m ATM…

I personally think it easily rerates once the mechanical selling pressure stops.

And personally think it could be a 4-5x return in 12-24M.

Also I don’t know who calculates those forward p/e’s on the screener websites but they’re all extremely off.

[Noah @antibearthesis]

HE FREAKING DID IT AGAIN

DONALD TRUMP KEEPS TELLING YOU WHICH STOCKS TO BUY

HE CALLED:
$INTC AT $20 → +500%
$DELL AT $235 → +80%
$NOW AT $90 → +40%

NOW HE’S CALLING:
$IBM AT $297

“I’M SURE IT’S GONNA GO UP ALOT”

ARE YOU GOING TO MISS OUT AGAIN?

[Prof @TheProfInvestor]

President told you to buy Semis

$DELL $INTC $AMD $MRVL all went up 200%

US Admin is giving grants to Quantum

$IONQ $RGTI $QBTS $QUBT all going crazy

Next they are going with Drones

$UMAC $KTOS $ONDS $RCAT $AVAV $AIRO $UAVS

This President is buying, then telling you what to buy.

Make the most out of next 3 years.

[Prof @TheProfInvestor]

$NOW is Trump's #1 portfolio position.

First week reclaiming the 21-week EMA.

And you think you're late?

[Lin @Speculator_io]

Trump has been telling you what to buy for months:

• AI: $DELL $MU $SNDK $WDC
• chips: $INTC $AMD $NVDA $TSMC $ARM
• space: $RKLB $PL $ASTS
• crypto: $HOOD $CRCL $PURR
• energy: $BE $GEV $FCEL $TE
• drones: $UMAC $ONDS $AVEX
• nuclear: $XE $CCJ $OKLO $UUUU
• robotics: $OUST $AEVA
• quantum: $IONQ $QBTS $RGTI $INFQ
• batteries: $FLNC $AMPX $KULR
• healthcare: $OSCR $CLOV
• photonics: $AXTI $AAOI $LITE $CRDO
• rare earths: $USAR $CRML $TMC
• manufacturing: $STRL $CDNL
• critical minerals: $TMQ $MP $LAC

Don't overcomplicate it.

Never miss the leading stocks again:
https://t.co/elrxrmAnFt

[The Iced Coffee Hour @TheICHpodcast]

Chris Camillo reveals his portfolio was down 70% earlier this year but has since 10x’d

“There was a scary moment in the last year when my portfolio was down 70% I think, close to 70% total portfolio. Meaning like my total portfolio was down 70%, which was wild.

And yet I disagreed with the reason it was down. I think it was shortly after one of our shows , when maybe during the tariff, right? Before the tariff stuff.

And so I vehemently disagreed with other investors that were taking the market down and it was really difficult for me when my portfolio was down that much to press yet again, which is which is what I did.

Fortunately, as we know, it worked out, right? But from that moment, my account's 10xed. So, you know, when my account was down 70%, I don't want to give out exact numbers, but I know the number in my head, my account has 10xed since that show of yours, which is pretty cool.”

[JUST KAWS @JUST_KAWS]

Leopold Aschenbrenner is literally giving you insider trading info

He turned $225M into $5.5B in less than 12 months

In 2025 he bought:

$BE at $18 & is now $297
$LITE at $59 & is now $935
$SNDK at $42 & is now $1,466

Now in 2026, he’s telling you to buy:

1) Applied Digital $APLD
2) Bloom Energy $BE
3)CleanSpark $CLSK
4)CoreWeave $CRWV
5)Intel $INTC
6) IREN $IREN
7) Keel Infrastructure $KEEL
8) Micron $MU
9) Riot $RIOT
10) Sandisk $SNDK
11) T1 Energy $TE
12) Taiwan Semiconductor $TSM

Don’t miss out on a generational run

[Jonah Lupton @JonahLupton]

Just looked at the current sell side estimates for $META for the next 4-5 years…

…analysts are forecasting that $META will spend $900B on capex from 2025 through 2030

These numbers are truly mind boggling.

[Dylan Patel @dylan522p]

Breaking: Andrej Karpathy just filed his Q1 2026 13F.

Here's everything you need to know about his recent 13F Top 10 positions:

1. VanEck Semiconductor ETF - $SMH - [Put] — $2.04B
2. Nvidia - $NVDA - [Put] — $1.57B
3. Oracle - $ORCL - [Put] — $1.07B
4. Broadcom - $AVGO - [Put] — $1.01B
5. Advanced Micro Devices - $AMD - [Put] — $969M
6. Bloom Energy - $BE — $879M
7. SanDisk - $SNDK — $724M
8. Micron - $MU - [Put] — $584M
9. CoreWeave - $CRWV — $556M
10. Taiwan Semiconductor - $TSM - [Put] — $535M

New positions:
• $SMH, $NVDA, $ORCL, $AVGO, $AMD, $MU, $TSM, $ASML, $INTC, $GLW — all puts
• $MU [Call] — $422M
• $TSM [Call] — $355M
• $SNDK [Call] — $389M

Summary: He kept his AI infrastructure longs and opened $8.45B in new puts against tech and semiconductor

[Jonah Lupton @JonahLupton]

$NU -- great note out of Goldman Sachs analyst after meeting with $NU management (post earnings)

I can't share the whole report but I'll share this part...

$NU indicated that it is already seeing material impacts from Al adoption across customer growth, credit underwriting, and operational efficiency. Management indicated that it is completely committed to Al implementation, with the ambition to evolve from a digital-native company into a fully Al-native company, with Al embedded across every layer of the business. Moreover, management clarified that Al developments should not be expected to translate into better risk-adjusted NIM per se, but rather into higher growth, as the company is choosing to deploy it to gain more market share at the same level of credit resilience, as opposed to extract higher profitability from existing cohorts.

Analyst lowered 2026 EPS slightly but increased 2027 and 2028 EPS estimates.

$NU now trading at approx 12x NTM EPS with EPS expected to grow at a 35-40% CAGR for the next few years... this doesn't include their ~$11B of cash which is ~18% of their market cap.

NFA.
DYOR.
*We own $NU at @FirstWaveFund

[Za @ZaStocks]

$RDDT

- Sixth most visited website in the world
- Sam Altman owns 9%
- 70% revenue growth
- Google + OpenAI data deal
- Anthropic settlement pending
- 92% gross margins

Quite the setup.

[amit @amitisinvesting]

A TON OF THINGS HAPPENED IN THE STOCK MARKET TODAY.

Here's a full recap:

1. Markets whipsawed throughout the day as Iran headlines shifted. Premarket stocks turned sharply green after reports suggested the U.S. was open to unfreezing Iranian assets and offering sanctions relief, reversing the weakness from overnight futures. At the open, sentiment flipped after headlines said the U.S. was rejecting Iran’s latest proposal and preparing for possible military action. Oil and bonds moved higher while stocks sold off, before equities rebounded intraday after President Trump said he would delay attacks on Iran as Middle Eastern officials pushed for a possible deal.

2. 13Fs are out. Berkshire Hathaway opened new positions in $DAL and $M while also increasing its $GOOGL stake by 200%. Berkshire also sold their entire $UNH position. Chase Coleman of Tiger Global bought $MELI, $LITE, $INTC, $XNDU and $RVI. Stanley Druckenmiller sold $GOOGL and bought $SNDK, while the Bill & Melinda Gates Foundation sold 100% of its $MSFT position. Bill Ackman also sold Google and bought Microsoft. The top 10 buys last quarter across 80 of the largest institutional investors were $MSFT, $AMZN, $META, $V, $SUNB, $DIS, $UBER, $ADBE, $FISV, and $WAT.

3. SpaceX’s reported IPO plans continue to gain momentum, with the company expected to trade under the ticker $SPCX and potentially go public around June 12. Reports suggest SpaceX is targeting an $80 billion raise at roughly a $2 trillion valuation, with a focus on expanding retail access to international brokerages beyond just U.S. platforms. Meanwhile, $SPCX perpetual futures began trading on Hyperliquid at $208 per share, implying a valuation closer to $2.4 trillion — which would make it the largest IPO in history. Perpetual futures markets are increasingly being used to create liquidity and price discovery for private or non-liquid assets ahead of public listings.

4. OpenAI won its trial against Elon Musk, who argued the company “stole a charity” by transitioning toward a for-profit structure after he contributed tens of millions to help launch it. OpenAI’s defense said Musk was aware of and supported the for-profit plans early on, only opposing the company later after losing influence and starting rival AI firm xAI. The ruling appears to remove one of the biggest legal obstacles standing in the way of a potential OpenAI IPO.

5. Citi sees the server CPU market growing from $29.3 billion in 2025 to $131.5 billion by 2030, driven largely by the rise of agentic AI workloads. The bank expects the biggest growth category to be agentic CPU applications, forecasting the segment to grow at a 185% CAGR to $59.4 billion by 2030 — representing 45% of the total server CPU market. Citi’s projected 2030 market share breakdown is $INTC at 47%, $AMD at 34%, and ARM-based and other players at 19%.

6. Top option volume leaders today were led by $NVDA with 3.94 million total contracts traded, followed closely by $TSLA at 3.86 million. $MSFT saw 1.12 million contracts, while $AAPL traded 899K and $AMZN traded 762K contracts. Rounding out the top 10 were $GOOGL with 701K contracts, $MU with 657K, $INTC with 655K, $NFLX with 445K, and $META with 441K total option contracts traded.

7. BofA reiterated $NFLX at Buy with a $125 price target, citing an expanding advertising opportunity. Analyst Jessica Reif Ehrlich noted that Netflix’s ad-supported tier has grown to more than 250 million monthly viewers globally, up from 94 million last year. BofA expects ad revenue to rise from about $1.5 billion in CY25 to roughly $3 billion in CY26 as Netflix expands ad formats, pricing, personalization, and international availability. The firm also highlighted new placements across mobile vertical video and podcasts, along with plans to enter 15 additional ad markets.

8. President Trump will swear in Kevin Warsh as the next chairman of the United States Federal Reserve on Friday. Kevin Warsh will be the wealthiest Fed Chair in history with an estimated net worth of $150M. He has publicly expressed support for crypto and believes AI will be deflationary.

9. $NVDA Nvidia invested in Decart as AI labs look for more flexibility across chips. Decart builds AI infrastructure software that helps developers run models across processors from Nvidia, Amazon, Google, and others. WSJ reports the startup raised $300 million at a nearly $4 billion valuation, led by Radical Ventures with participation from Nvidia. Its main product, the Decart Optimization Stack, helps developers move models between different hardware systems without rebuilding around each chip. Amazon is Decart’s biggest customer and has deployed its tech across Twitch, retail, and studios, while the company also builds real-time world models for interactive 3D environments.

10. OpenAI and $DELL are partnering to bring Codex deeper into enterprise infrastructure. Dell’s AI Factory and AI Data Platform help companies run AI workloads across hybrid and on-prem environments, and OpenAI is now connecting Codex into that stack. Codex already has over 4 million weekly developers and is used for code review, test coverage, incident response, and reasoning across large codebases. The next phase is broader enterprise agents that can gather context, prepare reports, route feedback, qualify leads, write follow-ups, and coordinate work across business systems.

11. $META is laying off 10% of it's staff. The layoffs are shaping up to be an AI-driven reorganization. An internal document says Meta will conduct layoffs globally in three batches at 4 a.m. local time, with North America employees told to work from home Wednesday. Leaders are also expected to announce broader organizational changes. Meta plans to move 7,000 employees into new AI workflow initiatives while eliminating some managerial roles. Reuters previously reported the May 20 wave would impact about 10% of Meta’s workforce.

12. The SEC is reportedly considering an “innovation exemption” that could allow tokenized stocks to trade on DeFi platforms. Bloomberg Law says the agency may permit third-party stock tokens even without approval from the public companies they track, meaning platforms could create tokens tied to names like $AAPL, $TSLA, or $AMZN without issuer involvement. These tokens may trade outside parts of the traditional equity-market structure and may not include normal shareholder rights like voting or dividends. Platforms like $HOOD and $COIN along with Blackrock's Larry Fink have called for the eventual tokenization of everything.

WALL STREET IS THE GREATEST SHOW ON EARTH.

[Michael Burry Stock Tracker ♟ @burrytracker]

Breaking: Leopold Aschenbrenner just filed his Q1 2026 13F

Here's everything you need to know about his recent 13F

Top 10 positions:

1. VanEck Semiconductor ETF $SMH [Put] — $2.04B
2. Nvidia $NVDA [Put] — $1.57B
3. Oracle $ORCL [Put] — $1.07B
4. Broadcom $AVGO [Put] — $1.01B
5. Advanced Micro Devices $AMD [Put] — $969M
6. Bloom Energy $BE — $879M
7. SanDisk $SNDK — $724M
8. Micron $MU [Put] — $584M
9. CoreWeave $CRWV — $556M
10. Taiwan Semiconductor $TSM [Put] — $535M

New positions:

• $SMH, $NVDA, $ORCL, $AVGO, $AMD, $MU, $TSM, $ASML, $INTC, $GLW — all puts
• $MU [Call] — $422M
• $TSM [Call] — $355M
• $SNDK [Call] — $389M

Biggest adds:

• CleanSpark $CLSK: +648% shares
• Riot Platforms $RIOT: +87% shares

Biggest trims:

• CoreWeave $CRWV [Call]: -83% shares
• Bloom Energy $BE: -36% shares

Full exits:

• Intel $INTC [Call] — was $747M
• Lumentum $LITE — was $479M
• EQT Corp $EQT — was $133M
• Tower Semiconductor $TSEM — was $85M

Summary: He kept his AI infrastructure longs and opened $8.45B in new puts against tech and semiconductor

[Carnivore Aurelius ©🥩 ☀️🦙 @AlpacaAurelius]

you need to be delusionally optimistic

negative thinking poisons your brain and leads to congitive decline

whereas positive thinking, and gaslighting yourself into thinking everything is amazing, ACTUALLY makes your life amazing too.

you must be a silly goose

[amit @amitisinvesting]

A TON OF THINGS HAPPENED IN THE STOCK MARKET TODAY.

Here's a full recap:

1. Stocks opened lower today as investors reacted to hotter inflation, rising oil prices, and renewed concerns around interest rates. The selloff was led by tech, AI, and semiconductor names, but the market recovered some of the early weakness into the close as buyers stepped back into select mega-cap and earnings-driven stocks. The S&P 500 $SPX still finished slightly lower, the Nasdaq $QQQ underperformed, and the Dow managed to close slightly higher, showing that the early risk-off move faded but did not fully reverse across the whole market.

2. The probability of the Fed raising interest rates in 2026 has surged to a new high of 31% after U.S. CPI inflation hit its highest level in three years. Just a few months ago, markets were pricing in more than three rate cuts this year, but those cuts have now been completely priced out. Headline CPI rose 3.8% versus 3.6% expected, marking the hottest inflation print since May 2023, while core CPI rose 2.8% versus 2.6% expected, the highest reading since September 2025. Energy was the biggest driver, accounting for more than 40% of the increase.

3. $CME CME Group is partnering with Silicon Data to launch the first futures market tied to compute, pending regulatory approval. The contracts are expected later this year and will be based on Silicon Data’s GPU market intelligence indices, giving traders, AI builders, cloud providers, and financial institutions a way to hedge price volatility in the fast-growing compute market.

4. Cerebras is reportedly seeing very strong IPO demand and has raised its planned range to $150-$160 per share, up from $115-$125, while increasing the offering to 30 million shares. At the high end, the company could raise about $4.8B and be valued around $35B, with pricing expected on May 13 and a Nasdaq listing under $CBRS. The IPO story is being driven by AI compute demand, Cerebras’ OpenAI relationship, and reports that the deal is more than 20x oversubscribed. The IPO will be this Thursday.

5. The top 10 most traded stocks in the options market were $NVDA with 3.6M contracts, $TSLA with 3.0M, $MU with 1.0M, $INTC with 999K, $AAPL with 829K, $AMZN with 528K, $NOK with 499K, $NFLX with 494K, $MSFT with 451K, and $AMD with 436K.

6. OpenAI reportedly renegotiated its $MSFT Microsoft agreement to limit total revenue-share payments to $38B, far below the roughly $135B Microsoft could have received under the prior structure if OpenAI hit its long-term revenue targets. The change could reduce OpenAI’s payments by about $97B through 2030, giving the company a cleaner long-term financial profile ahead of a potential IPO. The trade-off is that OpenAI may have to pay more in the near term, reportedly around $6B of its projected $30B in revenue this year instead of the roughly $4B it previously expected, while Microsoft keeps payment rights through 2030 and resale rights through 2032.

7. $DRAM became the fastest ETF ever to reach $6.5B in assets, hitting that mark in just 36 days, even faster than $IBIT, which took 43 days. The move came after a 13% jump on Friday and another $1B of inflows, showing how aggressively investors are chasing the memory trade. $MU also got a major vote of confidence as Deutsche Bank raised its price target to $1,000 after investor meetings with Micron management. The key takeaway was that AI is changing the memory cycle: DRAM, NAND, and HBM are becoming essential to AI performance, while supply remains constrained by clean room limitations, slower scaling, and HBM production trade-offs. Deutsche Bank said Micron is well-positioned because of its technology leadership, stronger business mix, and one of the healthiest balance sheets in company history.

8. $GOOGL Google is reportedly exploring SpaceX as a launch partner for future AI data centers in orbit, while also speaking with other rocket companies. The effort connects to Google’s Project Suncatcher, which is already planning to launch two prototype satellites with Planet by early 2027 to test solar-powered AI compute in space using TPUs and optical links. SpaceX is pursuing a similar orbital data center strategy, meaning the two companies could eventually work together on launches while competing to own the space-based compute market.

9. Market breadth is weakening even as the headline index keeps rising. Only 22% of S&P 500 stocks have beaten the index over the last 30 days, one of the weakest readings since 1996 and a sharp drop from 65% in February. The rally is increasingly concentrated in mega-cap tech, with the Magnificent 7 now making up about 35% of the S&P 500 and Information Technology plus Communication Services representing 46% of the index’s market value.

10. Anthropic is reportedly discussing a massive new funding round of at least $30B at a valuation above $900B, with Bloomberg saying the deal could close by the end of May, though no term sheet has been signed yet. Existing investors may participate, following recent commitments from Google and Amazon tied to a prior $350B valuation. The potential raise would mark a huge jump from Anthropic’s February 2026 valuation and place it near OpenAI’s latest reported valuation, as the Claude maker also reportedly considers an IPO as soon as October.

11. $PLTR Palantir was back in the defense AI spotlight after Ukrainian President Volodymyr Zelensky met with CEO Alex Karp in Kyiv to discuss expanding Ukraine’s use of AI in the war. Zelensky said the two sides discussed technology for both battlefield and civilian needs, while Ukraine’s defense team highlighted Palantir’s role in helping analyze air strikes, manage intelligence data, protect Ukrainian skies, and support AI tools for detecting and intercepting Russian drones. Palantir is also tied to the U.S. “Golden Dome” missile-defense push, with Reuters reporting that Palantir and Anduril are working on software for the system.

12. President Trump today said this before leaving for his trip to China: "You're going to see oil prices drop and you're going to see a stock market which is already at the highest point in history, go through the roof."

WALL STREET IS THE GREATEST SHOW ON EARTH.