Luke Kawa

The OG tattooed golden retriever. Proud mini-poodle papa. Rocking chair enthusiast. Markets @sherwood_news. Personal feed.

[Luke Kawa @LJKawa]

The release of Pokemon Go came very close to top-ticking humanity/Western Civilization

[Pokémon GO @PokemonGoApp]

What an epic two years, Trainers! From the thrill of catching that nearby Pokémon to battling in Gyms with friends, we’ve loved seeing all your journeys evolve throughout the years! As we take a look back at 2018, what was your favorite #PokemonGO memory?

[Luke Kawa @LJKawa]

Tired: Credit wrapping

Re-Wired: Equity wrapping

[Wall St Engine @wallstengine]

$NVDA IN TALKS TO INVEST HUNDREDS OF MILLIONS IN FIRMUS AFTER FAILED $5B IPO PUSH

Nvidia is reportedly considering another major investment in Australian AI cloud provider Firmus, which recently withdrew its planned public listing amid market volatility and investor concerns over its roughly $30B valuation, according to The Information.

Firmus is now seeking to raise at least $2B privately, with Nvidia potentially contributing hundreds of millions.

The company has already raised more than $13B, including roughly $10B in debt, and counts Blackstone, Coatue and Jane Street among its backers.

Nvidia previously agreed to provide credit support for Firmus to purchase server racks containing at least 170,000 Blackwell and Rubin GPUs, estimated to cost around $15B.

The potential investment comes as AI cloud providers face growing scrutiny over debt levels, infrastructure spending and their ability to generate enough revenue to support expansion.

Discussions remain ongoing, and the financing is not guaranteed.

Source: The Information.

[Luke Kawa @LJKawa]

The speed theme is catching on :D

[Rya Jetha @ryajetha]

What a lede from @TheEconomist

[Luke Kawa @LJKawa]

Anthropic's S-1 says I'm long the right stocks. Google it.

[Joe Weisenthal @TheStalwart]

I almost never use the word bubble, because I rarely find it analytically helpful. People have different definitions of it, and yes, it's usually said with some kind of value judgment.

IMO, it should only be used for pure "greater fool"-type trading, a la NFTs in 2021.

[Luke Kawa @LJKawa]

@Creditisoxygen If you think you know anything about how I’m personally positioned by the charts I post I’m afraid you’re up shit creek without a paddle. I also publicly disclose what single stocks I own.

[Luke Kawa @LJKawa]

Imagine where markets would be if you didn’t have this major own goal in the first place

[Luke Kawa @LJKawa]

@tylermacro10 @Hauge319 @VKMacro Could also be “nobody knows what these companies do”

[Luke Kawa @LJKawa]

@McClellanOsc Sure thing, have cut

[Luke Kawa @LJKawa]

@VKMacro I also think there is an element of “CRWV + Anthropic caused us to doubt near term demand just a little bit” that can get squeezed out via hyper reassurance alone

[Luke Kawa @LJKawa]

When it neorains, I'm neopoor

[Carl Quintanilla @carlquintanilla]

“When it neorains, it neopours.”

@business
https://t.co/Eq9aLg5aKv

[Luke Kawa @LJKawa]

@CapitalObserver @VKMacro Hence the with less oomph

[Luke Kawa @LJKawa]

@MKTWgoldstein Yeep. Have always kept this report from BBG in the back of my mind on this file...

https://t.co/FNYxVUsiWZ

[Luke Kawa @LJKawa]

Have there been any signs that the $500B Nvidia-asset managers-Goldman kumbaya for AI infrastructure financing has been successful in credit wrapping the weaker hands?

[Luke Kawa @LJKawa]

@VKMacro I think we’re getting fairly zero sum-y again after enjoying a 1M stretch where hypers and semis were fairly correlated, so I guess by default I might?

[Luke Kawa @LJKawa]

@kylascan

[Luke Kawa @LJKawa]

CoreWeave cratered, retail backed up the truck:

Record five day net purchases of the neocloud on Robinhood
$CRWV

[Luke Kawa @LJKawa]

@rennyzucker I'm the guy who brought up how Jensen cannibalize call demand bc of the stock split!!

[Luke Kawa @LJKawa]

The list of single stocks available for extended options trading starting Monday morning at 7:30 a.m. ET!

[Luke Kawa @LJKawa]

VIX call OI went <up> on Friday so maybe not that much monetizing? Or folks flipped to selling pricier premiums? idk

[Luke Kawa @LJKawa]

Let's not pretend Nokia deserves this