SMCI in Singapore and several other Asian countries have been reported to be under investigation for the reshipments of Nvidia chips.  Watch for further news. 

And yet it tanks 15% after results release. Once again, sell-on-news story. What this suggest to me is the market is just waiting to run. The AI players are in here for only a short time.

We are not out of the woods. The reasons for the plunge last week is still there. High CAPEX and cash drain. Astronomical finance cost, negative cash conversions (for most of the AI stocks).  The only thing that changed is due to one Quarterly results announcement from CRWV which sounded positive but needs careful reasing between the lines. Fact for CRWV is they are still needing fundings. But the CFO is now saying their funding costs is at a "lower" 7+%!!! 7+% is positive? Nuts. Expect the unexpected. Study the numbers but always expect the market to act purely on emotions. But when things settle down, the water finds the real level.

It's about time! MSCI is not a viable business. It's a ponzi relying on just the value of their holdings of BTC. How is it that the SEC has nit dien anything at all?

Opps. Will this be a drag on the rest of tech? Especially those AI neoclouds which depends so heavily on the benevolence of Jensen Huange? 

Frankly, amongst all the AI plays, CRWV is the weakest on fundamentals. As the previous commentator said, "Debt is Debt".  And to use future orders as collateral reminds of companies which have gone bust doing the same and eventually losing value as either the orders gets delayed or cancelled. Not just that, the forward guidance on the interest charged for debt, whilst showing an inprovement, is still less desirable than a forward guidance on say profit margins or astronomical revenue growth.  CRWV is still a promise play. Not a fundamental play. I prefer to stake in other companies which has better foundations like Apple or Google. Or even Nvidia (which is still in the dog-house).  Then again, no risk no gain. 

Always expect the unexpected. Just as I said before, whenever I hear the crowds calling one way or another, it usually mean the movement will be in the other direction.

Always expect the unexpected.  Just as I said before, whenever I hear the crowds calling one way or another, it usually mean the movement will be in the other direction. MRVL is now up 2.4% in the after market.

Like I said earlier, expect the unexpected. When ever you one is calling for a total collapse, it usually goes the other way. My personal rile of thumb is if I see 90% of calls one way or theither, that's when I start taking the opposite position.  Tomorrow you will see all the "gurus" syaing why they fell the next super rally is happening. Same old, same old.....

Rule number one. Always expect the unexpected.  What seems the most obvious, usually goes the other way.  Not financial advice. But spoken from past experience.

Rule number one. Always expect the unexpected. What seems the most obvious, usually goes the other way. Not financial advice. But spoken from past experience.