$SpaceX(SPCX)$ After the lockup expiry, the float will only be around 1.5B shares. The next lockup expiry only triggers if shares trade above $175 for 5 out of 10 days following earnings, and that doesn't seem likely. For reference, $NVIDIA(NVDA)$ has a float of 23B shares and $Apple(AAPL)$ has about 14.5B shares. Meanwhile, Elon holds 4.8B shares that remain locked. This means frequent short squeezes could happen as the float gets consumed by long-only funds once the lockup ends.
$Alphabet(GOOGL)$ $Alphabet(GOOG)$ All those chart predictions were wrong — "never touching 350 again," "250 is the new support based on the volume box," "200 SMA broken, down to the 250s," "when very long-term bullish trend lines are broken, the stock typically doesn't recover for years." Hope this rally made it clear that those crayon-line voodoo calls were bunk.
$Alphabet(GOOG)$ Just a thought on the tech demand picture. Orders from other large, mid, and small corporations — think Exxon, CAT, Target — are actually coming in stronger than what we saw from the two mega-cap companies building data centers. The idea that a dip in those mega-caps' free cash flow will drag down profits across the entire sector is a bit hard to follow, especially when this is a global transformation. Every company is integrating AI in some form. So when names like GOOG, META, and MSFT need to temporarily scale back order sizes until they recoup some capital, it just lets the rest of these larger, mid-sized, and smaller firms worldwide get their turn to have orders filled. That's probably why we haven't heard any shift or sl
$Alphabet(GOOG)$ The sell-off already happened. Now people will likely pile back into Google because it is seen as a safe name. Play stupid games, win stupid prizes, as far as I'm concerned.
Apple briefly touched a $5 trillion market cap for the first time on Tuesday, just a day after moving past Nvidia to reclaim the top spot among publicly traded companies. The stock has gained 25% this year, outperforming its megacap peers, and hit an intraday high of $342.89 before pulling back a bit. Meanwhile, while Alphabet, Amazon, Meta, and Microsoft are pouring hundreds of billions into capex this year for their AI buildouts, Apple has kept its own spending low, relying instead on cloud infrastructure and AI tech from Google. $Alphabet(GOOG)$ $Apple(AAPL)$ $Amazon.com(AMZN)$ $Meta Platforms, Inc.(META
$Alphabet(GOOG)$ Bank of America kept its Buy rating on Alphabet after the quarter, and the analysts there seem to think the market is missing the bigger signal. Their view is that the sell-off was too harsh, partly because investors overlooked accelerating Cloud growth and early signs that the AI spending is starting to produce returns.
$Alphabet(GOOG)$ Google Cloud is actually accelerating at a very impressive pace, up 82%. On top of that, they are now selling their TPUs to other companies, including competitors. Buffett's recent $10 billion investment gives a pretty good insight into a very long term hold.