$SK hynix(SKHY)$ Be careful. KOSPI reaction to the US bloodbath may be an even greater massacre. And Samsung AND SK Hynix may the trigger for this today. I suspect every mother's sons and daughters will be rushing for the door when the bell rings today. We saw this not very long ago.
A I Bloodbath Ouch. What a collapse. I was hoping for the tik-tok movement. One day up, one day down. But today was an even steeper crash than the erliers ones we saw this week. Getting completely out and staying on my mid-term strategy now. Meaning, keep cash and wait for after the November 3 elections.
Tech and AI Daily. Tik too tik tok. One day up next day down. Like clockwork. If this pattern continues, today may be a day to buy. Look for laggards and spread your eggs. Avoid those with obvious bad news. Like CRWV. But then again, if those with bad news recently do not fall further, it may mean the bottom has been reached. High risk. But also high rewards.
CRWV was a fear factor, SPCX, after results, may be the antidote. Sterling results printed is what actually the AI trade needs right now. And it could not have come at a better time.
SpaceX Q3: AI Business Booms, Profit Crushes Estimates, Capex Nears $20 Billion
Putting money where their mouth is is always a good sign. B ut also pay attention to how many shares they are buying. $50k worth is quite small and may just be a red herring.
Nebius Group Director Arne Grimme Reports Acquisition of $50,317.04 in Common Shares
Nebius Group Director Arne Grimme Reports Acquisition of $50,317.04 in Common SharesNebius Group director Arne Grimme purchased 296 Class A Shares at $169.99 each.His direct holdings rose to 6,181 Cla
Matt, why are you selling? Didn't you say MRVL is roaring 20's and going to the moon?
Marvell Technology Chairman and CEO Matthew J. Murphy Reports Disposal of $4.5 Million in Common Shares
Marvell Technology Chairman and CEO Matthew J. Murphy Reports Disposal of $4.5 Million in Common SharesMarvell Technology Chairman and CEO Matthew J. Murphy sold 7,500 common shares on October 15, 202
That's a powerful statement. Not all Neo-Clouds are the same?
Nebius Group Director Arne Grimme Reports Acquisition of $50,317.04 in Common Shares
Nebius Group Director Arne Grimme Reports Acquisition of $50,317.04 in Common SharesNebius Group director Arne Grimme purchased 296 Class A Shares at $169.99 each.His direct holdings rose to 6,181 Cla
Nasdaq AI Plays It's very scary right now. Wednesday market collapses. Thursday, all good again and some recovery. Friday, it's going even lower. If you study history, this kind of pattern usually mean the burst is happening. Time not to be adventurous. Be super careful.
Indonesia Market Collapse. Indonesia trigger circuit breaker after falling more than 10%. Now reopened at a further lower 3% crash. How will this impact the rest of Asia? Whereas it is true Indonisia is not a big market in the global sense. But then again, back in 1997, Thailand was also a small market. Yet, the Asian Currency Crisis started with this small market. Hope this does not happen again.
The news are just stacking up. One AI after another stressing fund burns and having to raise fresh capital. What this is showing is beside energy, AI Data Centres are soaking up cash. And we are not even thinking about the IPO's of Anthropic and OpenAI. There is a very realy fear that the funding is drying up.