To The Moon

Amazon and Google didn’t just poke the Nvidia bear this week—they walked right into its cave with new silicon and big customers in tow. So if you’re eyeing the dip, do you reach for NVDA…or AMZN? At AWS re:Invent (Dec. 2), Amazon launched Trainium3, a new in-house AI accelerator. Amazon says Trn3-powered UltraServers pack 144 chips, deliver ~4.4× the compute of its prior generation, and use ~4× less energy—claims paired with customer case studies citing up to 50% lower training/inference costs. Google, meanwhile, keeps scaling its TPU line. Its v5p hardware—now generally available—clusters into massive pods (docs list up to 8,960 chips), and Google is courting external buyers. Meta is reportedly in talks to rent TPUs in 2026 and buy them starting 2027—an explicit challenge to Nvidia’s domi

$XIAOMI-W(01810)$   Lei Jun just did what every retail investor daydreams about: he bought the dip—publicly, decisively, and with eight figures of conviction. On Nov. 24, Xiaomi’s founder and CEO snapped up 2.6 million Xiaomi shares on the open market at an average HK$38.58, spending a little over HK$100 million and nudging his stake to 23.26%. The disclosure hit HKEX the same day. Shares popped about 4% on the headlines, with Xiaomi trading around the HK$40 handle afterward. This wasn’t a solo act. Just days earlier, Xiaomi executed two consecutive buyback sessions on Nov. 20–21, repurchasing 21.5 million shares for more than HK$800 million. The company has kept buying since, logging additional repurchases th

$Meta Platforms, Inc.(META)$   Meta just reminded Wall Street it still has some rocket fuel left. After weeks of wobbling, the stock ripped higher and—thanks to a still-low valuation for a MAG7 name—the “can it close that earnings gap?” chatter is back. Meta rebounded smartly to start the week, outpacing much of big tech and trimming the damage from its late-October plunge. Even after the bounce, the stock’s year-to-date total return is only around the high single digits—well behind several MAG7 peers—which is partly why value hunters keep circling. That plunge, of course, began with Q3 results on Oct. 29. Revenue hit a record $51.2B (+26% y/y), but GAAP EPS cratered to $1.05 because of a one-time, non-cash $15

$Alphabet(GOOG)$   Google just picked up a new badge: cloud provider to NATO. Not a toy logo. The real, air-gapped, sovereign-cloud kind. And the stock reacted like someone flipped on the afterburners. On Monday, Google Cloud said it signed a multi-year, multi-million-dollar deal with NATO’s Communications and Information Agency (NCIA). The work centers on secure “sovereign cloud” and AI capabilities—think highly controlled data residency, strict access, and workloads that can run in isolated (“air-gapped”) environments. Early coverage notes the contract supports NATO’s modernization push and includes classified workloads tied to the alliance’s Joint Analysis, Training and Education Centre. Markets noticed

$Palantir Technologies Inc.(PLTR)$   Palantir just did that Palantir thing—rip to records, then a sudden air-pocket lower. Now everyone’s staring at the $160s like it’s an unclaimed parking spot. Does the chart really want to “fill the gap”? After sprinting to an all-time high just above $207 on Nov. 3, Palantir (PLTR) slipped hard in the sessions that followed. The first big crack came the very next day, when shares fell ~8% despite blowout results and raised guidance. Since then, the stock has chopped lower in bursts, with this week’s ~7% slide knocking it back toward the high-$160s. Even after the skid, PLTR remains more than double its level from January.  Why the whiplash? Ironically, the drop landed

SanDisk just learned the hard way what “hot stock meets cold water” feels like. On Thursday, Nov. 20, newly re-listed SanDisk (SNDK) sank roughly 20% intraday during a broad tech selloff, erasing a chunk of its 2025 gains in a single session. The slump arrived as Wall Street flipped from early green to deep red after Nvidia’s post-earnings pop faded and risk appetite soured. By the close, the Nasdaq logged its lowest finish since September. If you’re thinking, “SanDisk? Didn’t that get bought years ago?” — yes, and then it came back. Western Digital spun off its flash unit this year; regular-way trading for SNDK began on Feb. 24, 2025. In other words, the SanDisk brand is once again a standalone, public memory maker. Three pressures hit all at once: 1) A shaky tape. Thursday’s reversal was

The market just pulled off a whiplash double-take: a four-day slide, then a snapback rally—right as one big bank slapped a 7,400 target on the S&P 500. So…was that the correction, and is it already over? Barclays lifted its S&P 500 target to 7,400, but note the fine print: that’s a year-end 2026 call, roughly 11% above Wednesday’s close. The index finished Nov. 19 around 6,642, after bouncing and breaking a short losing streak. Earlier in the week, the S&P had notched its longest skid since August and sat nearly 4% below its recent record.  Barclays’ optimism leans on three pillars: megacap tech strength, ongoing AI investment, and a supportive policy backdrop as rates eventually ease. Said differently, if Big Tech keeps compounding earnings and capex keeps flowing into chips

$Alphabet(GOOG)$   Google just cleared a psychological hurdle: $300 a share. If you felt your phone buzz last night, that was Alphabet popping champagne — and setting off a new round of “is this the top?” debates. On Nov. 19, Alphabet (GOOG/GOOGL) ripped through $300 intraday and printed a fresh record high around $303–$304 before settling near $293 by the close. Volume spiked, and both share classes notched new 52-week highs. Year to date, Alphabet is up roughly 54%, putting it at — or near — the front of the Magnificent Seven pack.  What lit the fuse? Google officially rolled out Gemini 3 Pro, its newest flagship AI model, with Google’s blog touting better reasoning and multimodal chops. Developers also got a

$NVIDIA(NVDA)$   Here we go again: Nvidia just walked into earnings and flipped the “AI bubble” narrative on its head. On Nov. 19, Nvidia reported fiscal Q3 (ended Oct. 26) revenue of $57.0 billion and diluted EPS of $1.30—both above Wall Street’s expectations. Data-center sales, the heart of its AI business, hit a record $51.2 billion. The company guided next quarter’s revenue to about $65 billion, plus or minus 2%. Shares popped roughly 4–5% on the news as traders exhaled.  Two reasons: demand and direction. CEO Jensen Huang said Blackwell chip sales are “off the charts,” and the company sees accelerating compute needs for both training and inference—wonky words that simply mean building AI models and then ru

When major hedge funds start reshuffling massive stakes in megacaps, it is worth paying attention. That is exactly what recent 13F filings show: a subtle but meaningful rotation in the institutional world. In the latest quarter, institutions including Berkshire Hathaway and Renaissance Technologies increased their positions in Alphabet Inc. (Google’s parent company) while other blue-chip funds like Bridgewater Associates and major banks reduced stakes in Nvidia Corporation. One of the more surprising disclosures: billionaire Peter Thiel’s fund exited Nvidia entirely.  What’s going on? To understand it, you need to consider two layers: first, what the filings show; second, what motivations may lie behind them. What the filings reveal 13F filings are quarterly disclosures of institutional h