Some stocks might get very close to short squeeze territory, didn't expect this much of a move. $NBIS and $CRWV. If $IREN catches more sympathy move its gonna get very volatile and ugly.
Some stocks might get very close to short squeeze territory, didn't expect this much of a move. $NBIS and $CRWV. If $IREN catches more sympathy move its gonna get very volatile and ugly.
$NBIS big beat and $CBRS beat + $NVDA Jensen being cleaned will produce a massive short squeeze. Problem is, all of the stars in the sky need to align just right to get the AI trade back, and the market really doesn't want that to happen.
IDK man $CRWV earnings were good and $NBIS , who is in a better position, tomorrow are going to show that AI trade isn't dead yet, but how the market actually reacts to it is another issue.
DEMOCRATIC SENATE LEADER SCHUMER CALLS TRUMP'S DEFENSE OF NVIDIA'S HUANG "TROUBLING"
SCHUMER SAYS FULL ACCOUNTING FOR TRUMPβS ALLEGED "FAILURE TO ADDRESS FOREIGN ESPIONAGE IN THE AMERICAN TECH INDUSTRY" NEEDED
I think Jensen knew what he was doing. I think he was trying to make inroads in China and convince the US to allow him to sell there. US got pissed and blew up his spot to try to get a deal with him or some type of leverage. Because there is no way his wife didn't know.
If Jensen Huang takes $NVDA stock back to ATHβs and especially to the holy grail of $300, all is forgiven.
No one will care.
He needs to tighten his belt, be head strong, and pull out of this mess and aim high for the shareholders. Period.