$NVDA has a $21B $SPCX Position
Nvidia just revealed a nearly $21 billion position in SpaceX (122.8M shares as of June 30) via its 13F filing โ its second-largest holding after Intel. The stake originated from Nvidiaโs investment in xAI before SpaceX acquired the AI company. Deepens the already tight AI hardware + compute alliance between Jensen Huang and Elon Musk
$FMCC Freddie Mac looks ready for a massive breakout from this long-term symmetrical triangle on the daily chart. Just need to see a convincing break above the 50 DMA next.
Bill Ackman/Pershing Square reiterated their bullish stance and that they fully expect $FMCC & $FNMA to be $40-50 stocks once the Trump Administration releases the two companies and they get relisted on the NYSE ๐ก
In just 10 days, $PFE rose over +6.7% since this chart!
BUT, is the run over or just beginning?! ๐ค
After breaking over the 200WMA and weekly resistance trendline, a hold of support at $26.25 can see a continuation! ๐
Looks like $PFE wants to touch the immedate resistance target at the VPoC at $26!
- Retest of the 200DMA held as support.
- Netflow yesterday was mostly bullish (ending the day with a nice spike in flow)
- Most popular expiration are the weekly August 7 Calls
$NVDA cuts its OpenAI data center backing from $250 billion to under $120 billion.
Is it because they donโt have it or itโs being circled to somewhere else?!
$NVDA has a $21B $SPCX Position
Nvidia just revealed a nearly $21 billion position in SpaceX (122.8M shares as of June 30) via its 13F filing โ its second-largest holding after Intel. The stake originated from Nvidiaโs investment in xAI before SpaceX acquired the AI company. Deepens the already tight AI hardware + compute alliance between Jensen Huang and Elon Musk