AI
AIDoge...good boi!If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Well I got in, but the waves are not super ideal for me... they could be counted several ways. I think the move down looks like an impulse, so this count reflects that as the anchor. I am taking some liberties here to be fair...not counting some super long wicks is what I mean.
BUT in any case a break here to above 5420 and having it flip would be an ideal print. If we start falling back I want to see these levels hold as support.
LFG!
AGIX, Impulse complete? If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
SEED_DONKEYDAN_MARKET_CAP:AGIX update
My new best friend!
Triangle didn't print.
But when #Elliottwave fibs hit, I pay attention. 🧵
Looks like an impulse complete.
Would like a bit more clarity to be certain.
.90572
And
.83644
on watch.
NVIDIA 850 ABOVE 815 SL 805 Reason Why Nvidia Will Still Growing
Diverse Market Presence: NVIDIA is not just a semiconductor manufacturer; it’s a tech powerhouse. Beyond GPUs for gaming and professional markets, they also create system-on-a-chip (SoC) units for mobile computing and automotive applications. Their expansion into cloud software and services positions them well for growth1.
Cloud-Based Software Dominance: The pandemic accelerated the adoption of cloud-based software and computing. NVIDIA’s GPUs play a crucial role in data centers—the brains behind cloud services. In Q1 2021, NVIDIA’s data center revenue hit a record high of $2.05 billion, accounting for 36% of total sales. Major players like Microsoft’s Azure Cloud, Google Cloud, and Amazon’s AWS rely on NVIDIA’s GPUs for data operations1.
AI and Deep Learning: Artificial intelligence (AI) systems demand fast and reliable processors. NVIDIA’s GPUs are unmatched for training and running AI systems. Their focus on research and development ensures they stay at the forefront of AI technology1.
Competing with Giants: NVIDIA is developing its own cloud services, including AI Enterprise and the Base Command Platform. They’re also venturing into creative collaboration tools with Omniverse. These initiatives put them in direct competition with tech giants like Amazon, Apple, Alphabet, and Microsoft1.
Analyst Estimates: While NVIDIA’s stock has rallied significantly, its price-to-earnings (P/E) ratio remains high. However, analysts estimate that by fiscal 2025, their earnings per share could double, making the stock more attractive2.
Dell to 200+ by summerDell nice breakout on a great earnings. It is not crazy expensive. Earnings probably get bumped up to 10 dollars for next year from 7-8 dollars a share on the server backlog. Put an AI multiple on that and baby you got 20-30 times next years earnings of 10 dollars by summer, or a 200-300$ stock ha.
Filecoin: Biggest Shitcoin In History, Will Never Pump Again!FILECOIN:
A COIN OF FRAUDSTERS, HUCKSTERS & RACKETEERS!
Everything is PUMPING MASSIVELY while this FRAUD coin is still down 97% from its
all-time-high.
The Filecoin Foundation keeps dumping, preventing the coin from breaking out like everything else. If you "invested" in Filecoin expect to be used and taken advantage of by the Filecoin Foundation & Filecoin shillers like Arthur Hayes!
Beautiful Breakout and strong fundamentals - AppLovin NASDAQ:APP has an outstanding chart in my opinion. I've been following this stock for years now and waiting for the right time to get in. Although it's already rallied 70% YTD, the momentum this particular stock has combined with it's increasingly impressive earnings reports make it a strong buy.
They have been steadily increasing cash flow on top of accelerating earnings growth. The last 3 quarters it's beat analyst estimates and it's my personal opinion that we are in the midst of a era where web apps as well as mobile apps are being developed very rapidly, increasingly by individuals and smaller companies.
Net Income, Margins and Returns on Equity and Assets are all increasing. No wonder it's more than quadrupled since it's bottom of $9.00
Think of Streamlit, for you coders, and Snowflake's NYSE:SNOW increasing presence in owning these, and similar technologies. NASDAQ:APP is operating in a similar space and they really offer it all when it comes to building applications for your business.
The estimate revisions are surprising and look very strong going into next year.
See the Zack's Estimate Revisions below. (Current Quarter/Next Current Year/Next)
CQ NQ CY NY
Current 0.56 0.59 2.48 3.08
7 Days Ago 0.56 0.59 2.48 3.08
30 Days Ago 0.33 0.31 1.56 1.71
60 Days Ago 0.33 0.31 1.58 1.71
90 Days Ago 0.33 0.31 1.58 1.63
Nvidia's Spectacular Rise: A $2 Trillion ValuationNvidia ( NASDAQ:NVDA ), the powerhouse in AI chip technology, is poised to close with a staggering $2 trillion valuation, marking a historic milestone in the realm of tech giants. The ascent comes on the heels of an optimistic forecast from Dell Technologies, propelling Nvidia's ( NASDAQ:NVDA ) stock to new heights and igniting a broader rally in the AI sector.
Dell's rosy outlook, particularly regarding the surge in orders for AI-optimized servers powered by Nvidia's ( NASDAQ:NVDA ) processors, served as a catalyst for the market frenzy. With Dell's shares soaring to record highs, Nvidia's ( NASDAQ:NVDA ) stock surged by 3.6%, solidifying its position as a dominant force in the AI ecosystem.
At $2.05 trillion, Nvidia ( NASDAQ:NVDA ) now stands as the third most valuable company on Wall Street, trailing only behind tech behemoths Microsoft and Apple. This remarkable valuation underscores the pivotal role Nvidia ( NASDAQ:NVDA ) plays in shaping the future of AI-driven innovation.
The ripple effects of Nvidia's success were felt across the semiconductor industry, with companies like Super Micro Computer, Broadcom, and Marvell Technology witnessing significant gains. The PHLX chip index itself rallied to a record high, reflecting the widespread enthusiasm for AI-related investments.
Nvidia's stranglehold on the high-end AI chip market, with prominent clients including OpenAI, Microsoft, Alphabet, and Meta Platforms, highlights its unrivaled position in driving advancements in generative AI technologies. As demand for its components continues to soar, Nvidia's stock has emerged as the most traded on Wall Street, surpassing even the likes of Tesla.
The meteoric rise of Nvidia's ( NASDAQ:NVDA ) stock, which has surged by 65% in 2024 alone, underscores the insatiable appetite for AI-driven solutions and the company's relentless pursuit of innovation. With its stock market value eclipsing that of tech giants like Amazon and Alphabet, Nvidia ( NASDAQ:NVDA ) has firmly cemented its status as a powerhouse in the tech industry.
While Nvidia's ( NASDAQ:NVDA ) journey to a $2 trillion valuation is nothing short of remarkable, it also poses challenges and scrutiny. Questions about market dominance, supply chain constraints, and the sustainability of growth loom large as Nvidia ( NASDAQ:NVDA ) continues to chart its course in the ever-evolving landscape of AI technology.
DUOL- AI Translation Services for global apps LONGDUOL popped from a 5X earnings beat. I got into this trade last week with a little bump in
relative volume and volatility off-screeners on tech upcoming earnings. The high-tight flag
pattern typically forecasts a leg of a bullish continuation higher after some consolidation.
Options for March 15 went 2.5X overnight. Half the position off the table taking profits.
the other half awaiting the continuation. The risk here is those taking profit or short selling
outnumbering new buyers chasing and causing a fade. Nonetheless, I see the potential for
further profit and will assume the risk.
profit
[enqAIUSD] New Gem, Still unknown and unoticed. added on Dec.BIGHello,
I stumbled upon this one when I was searching for new AI cryptos since I missed the fetch, agix etc pump...
This one is a good project I went though their documentation. They are serious and major plans lay down already.
ONLY on ETH swap and CoinEx(was JUST added 2 day ago chart still NOT on TV) at the moment. as soon as it will be noticed... you should know what's gonna happen.
This is a project that might end up on Binance...
Cheers
If Seize the Day was a Company: Nvidia’s Formidable RiseUnhinged demand for Nvidia’s AI chips bumped the company’s valuation to $2 trillion, adding half of that in less than four months. Read how it happened.
Table of Contents
Genesis
Compiling
Speedrun
Benchmark
Spillover
Overclock Much?
Rage Quit
More Players Exit
Wild Rivals Appeared!
Runtime
Genesis
It’s a crisp, sunny morning in 1993. You’re at your local diner in Silicon Valley, casually sipping your coffee and waiting for your meal. At the table next to you, three engineers are cranking on caffeine and dreaming up a gig that would end up changing not only their lives, but also usher in a new era of computing. It’s the three founders of a company called Nvidia (ticker: NVDA ).
A business-savvy 30-year-old Oregon graduate Jensen Huang, hardware savant Chris Malachowsky and software geek Curtis Priem spun up the business more than 30 years ago. Together, they set up their venture in a bid to bring 3D graphics to the gaming space.
Compiling
Today, the thriving company is doing much more than that. Nvidia, which traces its humble origins back to a Denny’s diner, is now the backbone of the artificial intelligence revolution.
Nvidia was for a long time shoved into the deeper corners of the gaming space and was barely known to the public. For most of its existence, it’s been making graphics cards, which are used by gamers, crypto miners, plain PC users and professionals from various industries.
The company’s booming business line right now is AI chips—hardware pieces essential for training large language models, the type that underpins systems like OpenAI’s ChatGPT.
AI chips have also underpinned another side of Nvidia—they’ve touched off a monster rally in its share price. Enough to catapult its valuation to the Top 3 of America’s biggest companies , right after iPhone maker Apple and software heavyweight Microsoft.
Speedrun
It took just about 24 years for Nvidia to step into the exclusive $1 trillion club, having started trading as a public company in 1999 at a $625 million valuation. Then in the span of just four months—November 2023 through February 2024—Nvidia added its second trillion, largely thanks to its timely expansion from its flagship products to the powerful AI chips.
Now, Nvidia is comfortably sitting in the Top 5 of the world’s largest companies .
“A whole new industry is being formed, and that’s driving our growth,” chief executive Jensen Huang told shareholders right after the company published jaw-dropping 265% revenue growth for the final quarter of 2023. The chip darling picked up $22.1 billion in sales, up from $6.05 billion a year ago. Profits swell to more than $12 billion.
Source: Stock Analysis
Benchmark
The earnings release fueled a never-before-seen $277-billion boost to the chip maker's valuation. It was the biggest one-day gain in history of the stock market, surpassing Meta’s recent $204.5 billion pump .
On the second day after the December-quarter financials were published, Nvidia went on to soar above $2 trillion in value with shares changing hands at more than $800 a pop.
Not only that, but the AI trailblazer’s report jolted markets so much it set off a buying spree on a global scale.
Spillover
In the US, the broad-based S&P 500 index notched an all-time high, joined in record territory by the Dow Jones Industrial Average. In Japan, the diverse Nikkei index broke out to a fresh record after 34 years of languishing performance.
Nvidia’s magnificent rise has propelled Huang’s personal fortune to roughly $70 billion, a reflection of his 86.6 million shares, or 3.6% of the company. Is it time for an attire upgrade away from the black leather jacket?
Shares of the company more than tripled in 2023 and pumped over 60% for the first two months of 2024.
Jensen Huang wearing his signature leather jacket—an outfit picked by his wife and daughter. Source: nvidianews.nvidia.com
Overclock Much?
The fundamentals behind the company’s breakneck growth are undoubtedly real. Demand for Nvidia’s most advanced GPUs, called H100s, is so big the chips are being delivered in armored trucks. Each one of them weighs about 290 lbs (130 kg) and will set you back about $30,000 if you’re lucky to get one.
With that said, supply isn’t too loose with Nvidia holding about 80% of that market. What’s more, a new, more powerful H200 chip will be hitting the market in the second quarter of this year.
So what does this mean for the unstoppable rally? Analysts are quick to say that as long as Nvidia maintains its tight grip over supply, outweighing demand should continue to drive the up-only narrative.
Presently, Nvidia has the capacity to develop about 1.2 million AI-focused chips a year, far insufficient to meet the insatiable demand. To illustrate, Meta chief executive Mark Zuckerberg popped on Instagram to brag about his plans of securing 350,000 units of that good H100 stuff by the end of 2024.
Besides the Facebook parent, Nvidia’s biggest customers are Microsoft, Google and ChatGPT owner OpenAI.
Rage Quit
The stampede by investors rushing to buy up stock wouldn’t be complete if it weren’t for the naysayers and doom-and-gloom forecasters. You’d be surprised to see who is on that list of permabears, slamming the chip maker and getting their short positions ready to fire. Or already fired.
Following Nvidia’s post-earnings explosion, short sellers were left nursing paper losses in excess of $3 billion. Staring at giant drawdowns might sting just as badly as missing out the ride.
Disruptive-tech investor Cathie Wood, CEO of investment firm ARK, said in 2023 that Nvidia was “ priced ahead of the curve .” By the end of the year, Wood had offloaded a stake worth more than $100 million. Estimations point that this early leave may be equal to more than $500 million in missed-out profits.
There are other notable names in the investment space who got rid of—or heavily trimmed—their Nvidia shares by the end of last year. (Hedge funds and other investment managers who oversee at least $100 million are required to disclose their holdings in public companies each quarter through a form called 13F.)
More Players Exit
In its 13F filing with the Securities and Exchange Commission, George Soros’s family office Soros Capital had completely exited Nvidia in the third quarter, selling shares worth $4.9 million.
Billionaire Stanley Druckenmiller’s family office held 875,000 shares of Nvidia going into 2023’s third quarter. By the end of the fourth quarter, that hefty stash had been reduced by roughly 40%. Druckenmiller still owns some $300 million in Nvidia shares and even scooped up call options with a notional value of $242 million.
The sellers’ argument wraps around the heavily cyclical nature of chip demand. While in good times there’s euphoria and chip companies triumph, they could also be prone to setbacks once the tide turns.
A fresh example from Nvidia’s recent performance is the 60% drop in its share price in the time span April through September 2022.
Nvidia's share price endured a 60% drop between April and September 2022.
Wild Rivals Appeared!
Competitors from the hardware corner of the economy don’t sit idle while Nvidia goes on an all-out expansion mission. Advanced Micro Devices (ticker: AMD ) is already selling chips similar to the H100s and projects revenue to land at $3.5 billion in 2024. If that number is met, or even doubles, it still will be a blip compared with Nvidia’s $100 billion full-year revenue Wall Street expects.
SoftBank-backed Arm Holdings (ticker: ARM ), whose stock is just as volatile , is in the AI race too. So is Intel (ticker: INTC ) — the US tech mainstay makes and sells chips that power generative AI software.
Nvidia, meanwhile, is busy taking steps to try and cement its dominance in the AI space. It’s already in talks with big tech giants such as Microsoft, Amazon and Google over developing custom chips. Meanwhile, all three are manufacturing their own chips.
Runtime
The big question lingering on everyone’s mind is when will that dizzying AI boom come to a halt or at least pause for breath? Nvidia’s formidable rally, fueled by the rush for graphics processors, is the very definition of what seizing the day means. What’s a reason that may extend this run?
One reason is that the company keeps adding blockbuster earnings quarter in and quarter out.
A second one—Nvidia will need to find a way to work together with tech giants seeking to cut into the AI business. And thirdly, all that effort should eventually pay off by laying out the infrastructure that will foster the much-anticipated AI-driven productivity gain.
Retail investors' AI bet C3.ai's Shares Climb on Strong ResultsC3.ai. ( NYSE:AI ) With its shares soaring about 18% in premarket trading following robust third-quarter results and an optimistic full-year forecast, the Redwood City-based firm is proving to be a compelling contender in the AI market.
Since the dawn of 2022, C3.ai ( NYSE:AI ) has seen its shares surge an impressive 165%, solidifying its position as a frontrunner in the AI software domain. However, despite this significant growth, it pales in comparison to the meteoric rise of industry titan Nvidia, which has witnessed a staggering 431% increase in market value over the same period.
What sets C3.ai ( NYSE:AI ) apart is its strategic focus on catering to the burgeoning demand for AI solutions across various sectors, notably the federal market. Bolstered by a 23% surge in subscription revenue, the company's strong performance in the latest quarter underscores its ability to deliver results that surpass analyst expectations. Moreover, with subscription revenue accounting for approximately 90% of its total revenue, C3.ai ( NYSE:AI ) demonstrates a resilient revenue model that appeals to investors seeking stability amidst market volatility.
Analysts, however, maintain a cautious stance, with the average rating for C3.ai ( NYSE:AI ) listed as "hold." Despite this, several brokerages have raised their price targets for the company, reflecting growing confidence in its long-term prospects. D.A. Davidson, for instance, raised its target price to $30, citing the company's notable success in securing multi-year subscription agreements and its expanding presence in the federal sector.
Looking ahead, C3.ai ( NYSE:AI ) remains optimistic about its future trajectory, narrowing its 2024 revenue forecast to $306-$310 million. While this forecast surpasses analysts' estimates, it underscores the company's proactive approach to managing expectations and delivering sustainable growth.
In a strategic move to strengthen its leadership team, C3.ai ( NYSE:AI ) announced the appointment of Hitesh Lath as its new Chief Financial Officer, effective March 1. With Lath's extensive experience in financial management, coupled with the continued presence of Juho Parkkinen as Vice President of Finance, the company is poised to navigate future challenges and capitalize on emerging opportunities.
KRL - A low cap AI token on Coinbase that's about to go berserkThis project has been developing for the last number of years and is now building AI financial trading tools but it's flying under the radar.
This thing is a no brainer when it comes to buying into crypto with the current automation climate growing thanks to AI.
The technicals show a clear bottoming while the avg volume has been steadily increasing. This is an easy 10-100x.
Nvidia correctionAfter a big rally in price stock i think that the company is overvalued in this moment in my opinion.
After so a good start in the stocks the companies starts to sell stocks to mark some big profits.
Many companies have declared that they intend to make the stocks more accessible for retail investors.
Today i short the stock.
First TP 770
Second TP 740
Third TP 700
Is Filecoin Going to $0 ? Possibly Sub Zero.The chart looks very bad.
Despite huge pump in every coin the past few days, Filecoin is struggling to breakout.
This is a bad sign.
The Filecoin Foundation is known to dump on the market. Arthur Hayes is a supporter of this coin, which is a red flag because he always dumps coins he recommends/shills.
It is possible Filecoin will drop to zero. Beware.