To The Moon

I remember checking the market last week and seeing Nvidia hit another record high. My first thought? Wow, this stock just keeps climbing. CoreWeave had surged after its $14.2 billion deal with Meta. Nebius and Applied Digital were climbing too, and the AI world felt electric. For a moment, I felt the pull, the temptation to jump in, ride the wave, and not miss out.

NVIDIA (NVDA)

CoreWeave, Inc. (CRWV)

NEBIUS (NBIS)

APPLIED DIGITAL CORP (APLD)

But then I paused and thought about why I hesitated. NVIDIA’s rally is impressive, no doubt, but the stock is already at extremely high levels. CoreWeave and Nebius are exciting smaller players, yet their recent jumps mean a lot of optimism is already priced in. From my perspective, it wasn’t just about missing out, it was about risk versus reward. High share prices can make even great companies vulnerable to sharp pullbacks if expectations aren’t met.

I also considered fundamentals. NVIDIA’s dominance is clear, but growth at these levels depends heavily on continued AI adoption and major partnerships, which are promising but still uncertain. CoreWeave has huge deals, but its financial track records is still relatively short. For me, investing isn’t just about the story; it’s about how the numbers and growth potential line up with the price. Right now, the numbers didn’t justify buying.

Staying on the sidelines gave me something valuable: perspective. I could watch the AI ecosystem evolve, track how these smaller players grow, and understand how Nvidia’s influence ripples through the market. I’m learning which companies might sustain growth, which deals matter most, and when a share price might offer a more attractive entry point.

So I didn’t buy and I don’t regret it. The market is thrilling, the news is exciting, but I chose patience. For now, I’m content watching the story unfold — learning, observing, and preparing for the moment when the numbers and the price finally line up.