@blue_chip1 In 1990, Ernest Garcia II (father of CEO) pleaded guilty to a felony bank fraud charge for his role in the Lincoln Savings and Loan Association collapse
https://t.co/b4tkK4tDdw
@MinotaurStocks In 1990, Ernest Garcia II (father of CEO) pleaded guilty to a felony bank fraud charge for his role in the Lincoln Savings and Loan Association collapse
https://t.co/b4tkK4tDdw
@TeaBagCapital In 1990, Ernest Garcia II (father of CEO) pleaded guilty to a felony bank fraud charge for his role in the Lincoln Savings and Loan Association collapse
https://t.co/b4tkK4tDdw
$NVDA core business is 90%+ GPUs, with 60% concentrated in just 4 big clients.
Stripping out uncollected booked sales & equity gains leaves real cash net income at ~$3.3B.😳
That puts NVDA’s true cash P/E:
650x
—overvalued by ~1,500% at current PE & making it more over valued than Enron & Cisco at their 2000 peak.
Anthropic to spend $45 billion it doesn’t have on chips that haven’t been shipped to a company (Nscale) that has yet to start building the data center to put them in so it can take the contract and use it to raise money to do it, all to pump its IPO.
Last quarter, MSFT announced they are extending the useful lives of their data centers from 15 to 25 years. As a result, their data center leases will shift from finance leases to operating leases. Leases are classified as finance leases if they meet certain criteria. One of the tests is whether the lease covers 75% or more of the data center's life. New construction data centers are typically leased for 15 years (or more), which was 100% of MSFT's old useful life estimate and only 60% of the new useful life estimate.
MSFT presents FCF inclusive of finance lease capex but excludes operating leases from the measure. Therefore, capex will look lower, and FCF will look higher as a result of the new accounting estimate. Economically, the leases have not changed substance and still function similarly to funding capex with debt.
SQQQ is an inverse-leveraged ETF that aims to deliver three times (-3x) the opposite daily performance of the Nasdaq-100 Index and its looking like it’s ready to make a move