Okta

$Okta(OKTA.US) nice base after PEG/PEAD move on ER and now a leg higher. Moved up stops a bit.

Source: Sunrise Trader

1. This means fewer model launches due to NEW Safety Focused Development.

2. Multiple cycles from training, evaluate, detect risks, roll back, retrain, alignment RL, Monitor then Release, so therefore MORE compute, networking and power will be consumed.

3. Security stocks such as $CrowdStrike(CRWD.US)and a few others will gain a competitive winning edge for this deployment.

4. The real warning sign is capex cuts, but not slower model releases. Guidance, GPU orders and planned data Center capacity will naturally be under the new watchful eyes for such new deployment holistically🆕🇺🇸

$Okta(OKTA.US) updated chart. I haven't posted this one for some time. It is still in the nice high base after the ER gap up

Source: Sunrise Trader

It's coming to the end of the month - also where most of the major companies have already reported earnings. As expected, the earnings season has seen some companies rally after posting magnificent results while others slump after posting weaker guidance or simply just due to traders taking profit. It is important to monitor and read in depth into the earnings report of your holdings, but also sometimes the share price don't go as expected due to fear (of say higher capex for e.g.) or just because it was already priced in.

Frencken’s private placement has diluted the share price but I think there is no need to panic. The new capital will give the company a more solid financial position to pursue expansion and mergers and acqusitions.

🌟🌟🌟The SaaS-pocalypse is officially cancelled & software stocks are being re-rated hard. This proves that AI isn't an existential executioner. AI is actually the ultimate catalyst for software stocks.

The latest market closing numbers tell the whole story of this short squeeze renaissance. 3 software stocks $Okta(OKTA.US)$Salesforce(CRM.US)& $CrowdStrike(CRWD.US)are up double digits.

The latest fiscal Q2 numbers prove that enterprise software is successfully absorbing the AI Capex boom.

The software sector isn't going obsolete. It is simply upgrading its armour.

It will be Fed chairman Warsh’s first speech at Jackson’s Hole and the market will be closely trying to figure out his stance. Hawkish or dovish? I don’t think he will say much but maintain that the Fed will do what is necessary yadah yadah. 🤓

The triple kaiju week is finally ending and the pent up cautious sentiments would be partially, if not fully released. All eyes on the new Fed chair on his lean towards hawkiness or dovishness. It shows the muscle of the market is still the bond market.

Curious and excited for the brand new Fed Chair speaking tonight. Looking out if interest rates drop, will the market respond and SREITS price go up as borrowing costs drop.