Hi, this is my third time major swing trading NBIS. (Donr many small trades as well)
I like the recent developments, I think the openAI news is a nothing burger.
I believe they will beat Q3 expectations by a lot from the contracted revenue.
Easy money.
Hope it dips further man. Wanna put my whole net worth into it.
Positions: 100% SGOV. Popcorn in hand. See you in Valhalla.
SpaceX IPO: There literally isn't enough volume/money to get all the float of this company at this ridiculous valuation even if they liquidate and rotate their portfolios (btw which will lead to automated sell offs).
OpenAI and Anthropic won't even get to ring the NYSE bell. Anthropic will survive tho openAI will be unable to raise further and do down rounds. So they're trapped.
Nvidia's valuation will absolutely tank once ppl realise their returns just aren't there and this is a circular shit show with credits to buy GPU's.
Job market sucks, more AI and data center push backs.
Trump administration struggling with oil prices and the war and trying to do things like 10% credit card interest rate cap. Idek.
Jerome powell gone. The FED is going to make terrible mistakes.
Just hang tight summer is usually not a great time for stocks and when September/October are here boy ohhh boy
This company is a goddamn scam. Swiggy is actually much better.
All they gave us a refund, when my whole floor is sticky after waiting for an hour.. this is a 20 billion USD company? I think the stock is going to tank badly if this is their behaviour.