$Apple(AAPL)$ Apple was smart to stay out of the AI data center mega investment cycle that has these hyperscalers running negative cash flow and carrying huge debt obligations with no realistic ROI for years. That is a big part of why their stock held up much better than the dramatic drops across other hyperscalers and semi names.
$Apple(AAPL)$ Ternus cut the external AI budget today, they announced it. After all, this is Apple, the world's greatest company, so why are we down $5?
$Apple(AAPL)$ There is only one $5T market cap company right now, and it isn't Nvidia. I thought it would take weeks for Apple to recover. I'm totally clueless, so I keep holding and don't try to time when Apple might move. This seems like a rare occasion and I'm happy to be along for the ride up.
$Broadcom(AVGO)$ Almost every mega-cap is now burning cash on the AI buildout, and Broadcom is the standout exception. Amazon, Alphabet and Meta each spent more on capex than they generated from operations. Broadcom, meanwhile, posted record free cash flow of $13.7B, up 95% year over year. Hyperscalers are scaling custom ASICs alongside expensive GPUs, and Broadcom is the one converting that shift into cash.
$Apple(AAPL)$ AAPL's fundamentals still look solid. These lower prices could be a chance to add for the long term. I'm staying patient and holding. The stock might move up sharply before too long.
$Apple(AAPL)$ This company is revolutionary on a global scale. One quarterly earnings report isn't worth stressing over. This company has the kind of influence that could overturn an entire political party.
$Broadcom(AVGO)$ Broadcom has become more diversified over the past year. Having 6 massive customers is a big step up from when Google was effectively the only one.
$Broadcom(AVGO)$ NOV20 335C, still actionable. Zone: $323.80 to $328.36 Invalidation: close under $319.30 Objectives: $345.70, then $367.67 The math: up 6.0% to the first objective and 12.8% to the second, against 2.1% risk on the invalidation, better than 6 to 1 to the second. I like this swing because Friday flushed it to $319.30 and buyers still closed it back at $326.08, above the Oct 23 low. You are buying the washout with a clean line underneath it, not chasing a fresh high. The zone is tight and the invalidation is clear, so you know where you are wrong before the move starts. If $319.30 holds, $345.70 is the first spot to watch for buyers pushing back toward the prior close. Watch: $331.98, the Friday high. A close over it shows buyer