To The Moon

Looking at the biggest earnings reactions so far this quarter, one theme stands out pretty clearly — strong execution is still getting rewarded. Software and cloud names leading the pack: $ExlService(EXLS)$  +17.88% $InterDigital(IDCC)$  +16.16% $Microsoft(MSFT)$  +15.51% $Amazon.com(AMZN)$  +15.32% $SAP SE(SAP)$  +9.30% The market seems to be favoring companies with real revenue growth, solid margins, clear demand trends, and positive guidance. AI is still a major driver, but the opportunity set looks like it's broadening into cloud, infrastructure, indu

AI capex estimates just got raised again. $Amazon.com(AMZN)$ , $Meta Platforms, Inc.(META)$ , $Alphabet(GOOGL)$ , $Microsoft(MSFT)$  combined AI infrastructure spending for 2026 is now guided around $720B–$745B. Last quarter it was ~$695B–$725B. Rough breakdown: $Amazon.com(AMZN)$  $220B, $Alphabet(GOOGL)$  ~$195B–$205B, $Microsoft(MSFT)$  $175B, $Meta Platforms, Inc.(META)$  ~$130B–$145B. There has been deleve

$Marvell Technology(MRVL)$ Took a hit recently, but the broader thesis still looks intact to me. If AI infrastructure keeps expanding at the pace Jensen is talking about, the upside potential could be meaningful. Feels like the market is still trying to figure out whether that vision actually plays out. The biggest opportunities tend to appear when the story is solid but sentiment is weak.

$Marvell Technology(MRVL)$ AI infrastructure stocks have been completely reset after this month's historic sell-off, but earnings season has shown that AI fundamentals have actually improved quite a bit. A lot of the unprofitability narratives have been silenced. I think the AI rally has room to extend and could potentially make new all-time highs or get close, based on what we've seen. That said, I don't think there will be as much margin in these names as before, partly because of what happened with that Leopold guy who blew up his hedge fund. That could cap the gains and prevent any parabolic moves. Just my take.

$Marvell Technology(MRVL)$ This and NBIS are both doing well today, but I'm still down on this one. Hope to see it above 200 soon.

$Marvell Technology(MRVL)$ $NEBIUS(NBIS)$ $IREN Ltd(IREN)$ $Amazon.com(AMZN)$ $Taiwan Semiconductor Manufacturing(TSM)$ It's like having MJ, LeBron, Shaq, Kobe, and Rodman as your starting 5 on the court.

$Marvell Technology(MRVL)$ The pullback actually feels like a healthy reset. I got in around 200, so I'm still underwater, but I have no doubt this will eventually make new ATHs.

$Marvell Technology(MRVL)$  Amazon's in-house chip business is at $25 billion. That looks like a solid tailwind for Marvell, given they help Amazon with chip designs.

$Marvell Technology(MRVL)$ It's now below where it was before the last earnings report. That feels pretty extreme. I think there's a strong upside move coming.

$Marvell Technology(MRVL)$  Amazon, Microsoft, and Alphabet's earnings reports look very bullish for AI hardware stocks. They are showing massive growth in their cloud businesses driven directly by AI. The idea that AI is unprofitable no longer holds up.