Im curious if the massive AI spend on hardware is coming to an end and the new spend will be AI software and development. -Stanley Druckenmiller cut his NVDA stake -Brad Gerstner a top advocate for AI today on cnbc mention his fund has a few short positions and trimmed some stakes in AI holdings. -NVDA insiders have been consistently selling over the last year. All insiders at AI companies have been for that matter. -SMCI didn't pre release earnings as they did before. -NVDA delivery delays are shrinking. -MCHP earning were in line, didnt blow past expectations. -INTC bombed on earnings -AMD ..read more

I saw multiple times on Reddit the saying that selling a stock short would make them long cash, which they can then use to cover a short cash position, but to me it’s implying we would borrow the short stock unsecured which is not true I believe? Maybe brokers are not saying it explicitly but my understanding is that the stock borrow is vs cash collateral (this cash collateral receives some interest, although some brokers might have a minimum notional threshold before paying out anything). In either case there’s still interest accruing on the initial short cash balance, which may or may not b ..read more

Apple announced new versions of its iPad Air and iPad Pro tablet computers on Tuesday in a short video posted on its website. Apple said that it would come in two sizes: An 11-inch size, that matches older models, and a larger 13-inch model. Both are equipped with Apple’s M2 chip. The smaller iPad costs $599 for 128GB of storage, and the larger iPad starts at $799. Apple has also moved the front-facing camera to the longer side of the device — landscape mode — to be better for videoconferencing, matching Apple’s more-expensive iPad Pro models. These are the first new iPad models Apple has rel ..read more

Is QYLD a stock that has long term hold and reap the dividend potential for retirement? Only doubt im seeing with it is its mammoth 0.61% expense ratio. I've been looking for higher yielding yet stable long term stocks I can set and forget. In terms of these type of holdings I have JEPI & JEPQ and find them to do the intended function I bought them for and hoping this may be a nice addition. submitted by /u/ForeverAsleep13 [visit reddit] [comments ..read more

A number of private equity firms have been considering a buyout of Peloton as the connected fitness company looks to refinance its debt and get back to growth after 13 straight quarters of losses, CNBC has learned. In recent months, the pandemic darling has had talks with at least one firm as it considers going private, people familiar with the matter said. The firm’s current level of interest in acquiring Peloton is unclear. A number of other private equity firms have been circling Peloton as an acquisition target, but it’s unclear if they have held formal discussions. Firms have zeroed in o ..read more

Based on their announcement for their quarterly earnings, after the bell today, Reddit will take questions from investors. Investors can post their questions on r/RDDT. I highly recommend you follow the rules they have on their subreddit, we're not affiliated with them in any way and are not paid but volunteer moderators; it appears only Reddit Admins can moderate that sub as no mods are listed. submitted by /u/provoko [visit reddit] [comments ..read more

First Quarter Revenue Increased 6% Over Last Year To A Record $939 Million First Quarter Diluted EPS Up 5% to $2.50 and Adjusted Diluted EPS Up 16% to $3.02 Fiscal Year 2024 Adjusted Diluted Earnings Per Share Guidance Raised, Led By Strength of Crocs Brand First Quarter 2024 Brand Summary Crocs Brand: Revenues increased 14.6% to $744 million, or 15.6% on a constant currency basis. Channel * DTC revenues increased 18.3% to $282 million, or 19.0% on a constant currency basis. Wholesale revenues increased 12.5% to $462 million, or 13.8% on a constant currency basis. Geography North A ..read more

Disney reported fiscal second-quarter earnings Tuesday that beat analyst estimates after narrowing streaming losses. Revenue was in line with expectations. Disney’s total segment operating income jumped 17% as Disney’s entertainment streaming applications — Disney+ and Hulu — turned a profit in the quarter for the first time. When combined with ESPN+, the streaming businesses lost $18 million in the quarter, much narrower than the $659 million loss the division reported a year earlier. Entertainment streaming revenue (excluding ESPN+) rose 13% in the quarter to $5.64 billion, and operating in ..read more

This is the daily discussion, so anything stocks related is fine, but the theme for today is on technical analysis (TA), but if TA is not your thing then just ignore the theme. Some helpful day to day links, including news: Finviz for charts, fundamentals, and aggregated news on individual stocks Bloomberg market news StreetInsider news: Market Check - Possibly why the market is doing what it's doing including sudden spikes/dips Reuters aggregated - Global news Technical analysis (TA) uses historical price movements, real time data, indicators based on math and/or statistics, and charts ..read more

https://9to5mac.com/2024/05/06/apple-new-chip-ai-data-centers/ Apple has been investing a lot in artificial intelligence recently, and soon the company will introduce its own generative AI to the world. In fact, it looks like the company is taking AI seriously, as a new report claims that Apple is developing a new chip specifically to power AI processing data centers. A report by the Wall Street Journal says that the company is building “AI chips” for data centers, potentially to run some of its new AI-based features to be announced at WWDC 2024 next month. “Apple has been working on its own ..read more