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I’m still bullish on$Nebius(NBIS.US) and, despite already being in profit, I’m closely watching the current pullback for a good opportunity to average up. The latest numbers have strengthened my convi...
Bonds set the price of everything yesterday, and an SG portfolio felt it from both ends. Memory took the worst of it, Micron handing back the $1,000 level it won a session earlier, while the STI slid ...
The US 30-year Treasury yield rose to 5.31%, its highest since July 2007, while the 10-year yield hit 4.70%, a full percentage point above the Fed's target range ceiling.
Long-duration assets faced pressure first. Treasuries are at a 20-year low—is this due to market selling, pessimism about future economic prospects, or the frenzy chasing quick profits in tech chip stocks?
Bonds set the price of everything yesterday, and an SG portfolio felt it from both ends. Memory took the worst of it, Micron handing back the $1,000 level it won a session earlier, while the STI slid ...
The price movements in memory stocks have been doing sharp swings up and down for weeks but have the fundamentals and demand and supply situation really changed? AI is still a super cycle. I will just ignore the noise.
Bonds set the price of everything yesterday, and an SG portfolio felt it from both ends. Memory took the worst of it, Micron handing back the $1,000 level it won a session earlier, while the STI slid ...
Memory stocks going down is fine and normal, given that it ran up so much previously. It will go back to the fair value price range. Enter there if wanna then.
Bonds set the price of everything yesterday, and an SG portfolio felt it from both ends. Memory took the worst of it, Micron handing back the $1,000 level it won a session earlier, while the STI slid ...
Markets have largely rebounded over the last two weeks. Not surprising to see some form of a pullback as people take profits. Time in the market is still better than timing the market for most.
Bonds set the price of everything yesterday, and an SG portfolio felt it from both ends. Memory took the worst of it, Micron handing back the $1,000 level it won a session earlier, while the STI slid ...
When you compare general markets and tech, it is obvious that one is not for the faint hearted. Looks like risk off rotation again, from risk on high beta to defensive names like healthcare and defensive tech.
Bonds set the price of everything yesterday, and an SG portfolio felt it from both ends. Memory took the worst of it, Micron handing back the $1,000 level it won a session earlier, while the STI slid ...
When I look at high beta tech, it really resembles a roller coaster. The way it goes up and then down and when it coasts, be prepared for the next thrilling phase. 😂
Bonds set the price of everything yesterday, and an SG portfolio felt it from both ends. Memory took the worst of it, Micron handing back the $1,000 level it won a session earlier, while the STI slid ...
Yesterday just mentioned beware of roller coaster ride, seems it began last session, get ready to add products spread or buy dips to build back your portfolios if per thesis, direction, which stock am going to buy more? What goes up will comes down and still will goes back up. Nothing is stagnantly just 1 way↕️🤔💭
Bonds set the price of everything yesterday, and an SG portfolio felt it from both ends. Memory took the worst of it, Micron handing back the $1,000 level it won a session earlier, while the STI slid ...
Market volatility is being driven largely by higher interest rates and rising bond yields. Singapore equities have eased from recent highs as investors remain focused on the interest rate outlook. Despite this the broader economy continues to show resilience, supported by steady exports, technology investment, digitalisation and ongoing growth. Banks and high quality dividend stocks also continue to offer relative stability.
Companies with strong cash flows, solid profitability, healthy balance sheets and reasonable valuations are therefore becoming increasingly attractive.
Bonds set the price of everything yesterday, and an SG portfolio felt it from both ends. Memory took the worst of it, Micron handing back the $1,000 level it won a session earlier, while the STI slid ...
Memory stocks went up so high, yesterday US memory stocks went down just a bit. Year to date, major memory stocks went up many folds. Let us see the coming performance
Bonds set the price of everything yesterday, and an SG portfolio felt it from both ends. Memory took the worst of it, Micron handing back the $1,000 level it won a session earlier, while the STI slid ...
Stocks have shown either slowly dip or maybe a correction pullback. System plan will be to slowly dca into a stock that you want to own that will generate good free cash flow and growth for the years you are holding its shares. When to sell can always be +100%,+150% or +200% as a gauge. A win is a win so not compared to others that run 1200% systematically trade.
Bonds set the price of everything yesterday, and an SG portfolio felt it from both ends. Memory took the worst of it, Micron handing back the $1,000 level it won a session earlier, while the STI slid ...
strong us yield is going to surprise a lot of folks. beware don't get caught of guard can already. don't say i didn't tell you?!
Bonds set the price of everything yesterday, and an SG portfolio felt it from both ends. Memory took the worst of it, Micron handing back the $1,000 level it won a session earlier, while the STI slid ...
Check this out!
Bonds set the price of everything yesterday, and an SG portfolio felt it from both ends. Memory took the worst of it, Micron handing back the $1,000 level it won a session earlier, while the STI slid ...
Fomc minutes might not offer as much clue. The 30y us bond interest rate may still be high
Bonds set the price of everything yesterday, and an SG portfolio felt it from both ends. Memory took the worst of it, Micron handing back the $1,000 level it won a session earlier, while the STI slid ...
I see this semiconductor selloff as a healthy reset, not the end of the AI cycle. Higher Treasury yields are pressuring high-growth and capital-intensive names like $Micron Tech(MU.US), $Sandisk(SNDK.US), $Coreweave(CRWV.US) and $Nebius(NBIS.US), but AI infrastructure and memory demand remain strong.
I’m using the pullback to selectively add rather than panic sell. Memory and semiconductor names remain attractive to me for the long-term AI demand story, although I’m keeping some cash ready in case rates trigger more volatility.
I’ll be watching the Fed minutes closely tonight. If the tone turns less hawkish, this correction could reverse quickly. For me, pullbacks are opportunities to accumulate quality AI exposure, not reasons to abandon the thesis. 📈
Bonds set the price of everything yesterday, and an SG portfolio felt it from both ends. Memory took the worst of it, Micron handing back the $1,000 level it won a session earlier, while the STI slid ...
$Nebius(NBIS.US)
NEBIUS GETS THE VINELAND NEW JERSEY DATACENTER APPROVED. DA Davidson decreased their PT from $250 to $175 last week on fears the site would not get approved.Today, they raised it back to $250.“The approval of the Vineland data center “removes a significant risk” from Nebius, the analyst tells investors in a research note. The firm says that instead "becoming the poster child for data center delays," Nebius can go back to construction on the site.”Source: amit
Today seems to be a red day for semis and memory.
I will be pleasantly surprised if we end up green - that'll be a huge/positive sentiment shift towards semis.Traditional defensive stocks are all showing some strength, as well as SaaS which I personally class as "defensive tech". That's the < long SaaS, short SaaS > trade. Moreover, if $Apple(AAPL.US) is up in the pre-market, then high beta semis tend to see a negative hit.Yields for 30Y treasury is at the highest point since pre-GFC at 5.32%. Similarly, the 10Y is at 4.74% - also at pre-GFC highs.Seems like it's due to a few reasons: rising oil prices (new highs for Aug) and renewed fears of rate hikes from the Fed. I don't think a hike makes sense right now, but time will tell what happens with Iran. The Fed drops their meeting minutes from the July meeting this week - will be an indication of where rates head.I don't see this as a long-term issue though. Just feels like traders are unlevering positions after a strong few weeks of momentum across semis and memory. Many institutions are now overweight high beta tech and are sitting on (relatively) huge gains MTD. Would make sense for them to unwind some of their positions / rebalance amid an uncertain macro environment.Fundamentally, I wanted to emphasise that the AI trade is stronger than ever after Q2 earnings. Semis and memory stocks get thrashed around from pillar to post when macro is so volatile.Like I mentioned the other day, if names like $Nebius(NBIS.US) or $Sandisk(SNDK.US) can have 10% green days, they can certainly have 10% red days.Overall, I am very bullish long term - just good to be aware of macro overhangs which drive short-term prices.Just need to ride into Jackson Hole next week.$SOXX $SPY $QQQ $SMHGPU fleet unit economics.
TLDR: Tough to be bearish on $Nebius(NBIS.US) or $Coreweave(CRWV.US) right now.Some maths, but it's important to understand.Using $Nebius(NBIS.US) 1-3yr contract economics:- $20-25M ACV per MW at a payback of 1 year 10 months.- Take $22.5M midpoint ACV/MW at a ~55% cash margin ( $Nebius(NBIS.US) core AI cloud runs ~50%, $Coreweave(CRWV.US) 59%) and you get ~$12.4M/MW of annual cash flow. (Payback runs against cash flow, not revenue)- 1.83 years of that implies "all-in" capex of ~$20-23M per MW (GPUs included). - Which ties to Nebius' $20-25B capex guide for 2026 against ~1GW.- Over a 4-5 year life that's roughly $50-62M/MW of cumulative cash flow against ~$22M of capex. - NPV is +$20-25M per MW even discounting at 12-15% and IRR near 50%.Then years 1-2 of DCF nearly cover the entire capex on their own. Meaning that the GPU could go to $0 residual after year 2 and the deal basically breaks even. That is insane.So really, the bear case doesn't need slow decay to be wrong. Rather, it needs the contracted years themselves to fail.And those years are effectively walled off rn. - Around 70% of $Nebius(NBIS.US) deals carry prepayments covering 50-60% of the capex, on take/pay terms. - $Coreweave(CRWV.US)'s $104B backlog is take/pay with ~21% of it recognized more than four years out. As we now know, $Coreweave(CRWV.US) signed an A100 contract running into 2029 (a SKU introduced in 2020) "at or above where it was years ago", and CEO told CNBC a batch of H100s coming off an expired contract was re-booked immediately at 95% of the original rate. $NVIDIA(NVDA.US)'s CFO also said that A100s shipped 6 years ago are still running at full utilization.And $NVIDIA(NVDA.US) is now willing to underwrite residual value itself, up to 25% per project in the new financing platforms. I don't think they'd be willing to backstop if they expect GPUs to be worthless in around 3 years or so.For the neoclouds themselves though, depreciation is the biggest cost driver e.g. Nebius D&A was larger than their adj EBITDA last Q. If economic life actually extends to a new base case scenario of 5-6 years rather than the old 3-4 years...Earnings power re-rates higher across $Coreweave(CRWV.US), $Nebius(NBIS.US) and even the hyperscalers as ultimate beneficiaries.Nokia retrenched 1,600 people, yet more money on the options board sits on the upside — and right now those options are priced 12.4 points below how much the stock is actually moving.
Breaking: NVIDIA Corp just filed its Q2 2026 13F
Here's everything you need to know about the recent 13FAll positions:• Intel $Intel(INTC.US) (47.3%)• SpaceX (33.1%) — NEW this filing• CoreWeave $Coreweave(CRWV.US) (7.4%)• Coherent $Coherent Corp.(COHR.US) (4.8%)• Nokia $Nokia Oyj(NOK.US) (3.5%)• Synopsys $Synopsys(SNPS.US) (3.4%)• Nebius Group $Nebius(NBIS.US) (0.5%)New positions:• SpaceX, ~122.8M Class A shares, $20.98B stakeFull exits:• NoneBreaking: Bridgewater Associates by Ray Dalio just filed its Q2 2026 13F
Here's everything you need to know about the recent 13FTop 10 positions:• SPDR S&P 500 ETF $SPY (16.3%)• iShares Core S&P 500 ETF $IVV (9.2%)• Nvidia $NVIDIA(NVDA.US) (3.2%)• Broadcom $Broadcom(AVGO.US) (2.0%)• Amazon $Amazon(AMZN.US) (2.0%)• Alphabet Class A $Alphabet(GOOGL.US) (1.9%)• Lam Research $Lam Research(LRCX.US) (1.7%)• Vanguard S&P 500 ETF $VOO (1.3%)• AMD $AMD(AMD.US) (1.3%)• iShares MSCI South Korea ETF $EWY (1.1%)Top 10 new positions (by $ size):• $Eversource Energy(ES.US) (Eversource Energy)• $AppLovin(APP.US) (AppLovin)• $Consolidated Edison(ED.US) (Con Edison)• $Nisource(NI.US) (NiSource)• $ServiceNow(NOW.US) (ServiceNow)• $Duke Energy(DUK.US) (Duke Energy)• $Nutanix(NTNX.US) (Nutanix)• $APA(APA.US) (APA Corp)• $Expand Energy(EXE.US) (Expand Energy)• $Vulcan Materials(VMC.US) (Vulcan Materials)Top 10 full exits (by prior $ size):• $Cisco(CSCO.US) (Cisco)• $Advanced Semiconductor Engineering(ASX.US) (ASE Technology)• $Coreweave(CRWV.US) (CoreWeave)• $Primoris(PRIM.US) (Primoris Services)• $Brookfield(BN.US) (Brookfield)• $Applied Optoelectronics(AAOI.US) (Applied Optoelectronics)• $Palantir Tech(PLTR.US) (Palantir)• $Nebius(NBIS.US) (Nebius Group)• $Sun Life Financial(SLF.US) (Sun Life Financial)• $Bristol Myers Squibb(BMY.US) (Bristol-Myers Squibb)Summary: Bridgewater's book grew 8.8% to $24.38B this quarter, still anchored by index ETFs (SPY + IVV = 25.5% of the fund) with AI/semis (NVDA, AVGO, LRCX, AMD) making up the next tier. New money leaned into utilities and energy (ES, ED, NI, DUK, APA), while exits skewed tech/growth (CSCO, CRWV, PLTR, NBIS, BMY). With 214 adds and 210 exits out of roughly 1,000 total names, this is systematic macro rebalancing, not conviction stock-picking