[Miser] ALERT: THE SPACE COMPANY IS NO LONGER A SPACE COMPANY SpaceX just dropped their Q3 earnings and basically yelled, "Rockets? Oh yeah, those things we use to carry our REAL moneymaker—AI SERVER RACKS!" Here is the quick breakdown of how SPCX just saved the entire AI bull market from an existential crisis: 1. "Forget Satellites, We're a Data Center Now" SpaceX's AI compute unit just pulled in $7.56 BILLION this quarter. That is an 830% jump year-over-year. It officially flipped Starlink to become their largest revenue driver. Elon looked at beaming internet to rural cabins and said, "Cool hobby, but have you tried renting GPUs to big tech?" 😂 2. Capex goes BRRRRR While Wall Street was biting its nails worrying that
While chip stocks were getting crushed, the biggest leveraged semiconductor ETF just sucked in record money. The Philadelphia Semiconductor Index (SOX) finally snapped its eight-day losing streak Monday — its longest since 2008 after a roughly 15.7% slide. Nasdaq jumped 1.11% as Nvidia, AMD, Intel, Micron, and memory names bounced. But the more interesting story is who was buying the dip and who is still betting against the group. Biggest Inflows: SOXL Dominated The Direxion Daily Semiconductor Bull 3X ETF (SOXL) became the clear magnet for aggressive dip-buying: - Roughly $3.8 billion in inflows in the week ending around Oct 16 — on pace for its largest weekly intake on record. - Single-day hauls hit $1.7B+ on multiple sessions. - Over a short stretch it took in about $6.4–6.8 billion net
Nasdaq futures are up over 1% and names like Nvidia are bouncing in premarket as buyers step back in. Last week’s chip rout was the longest losing streak since 2008, driven by worries that AI data-center spending (and the debt behind it) won’t pay off fast enough. But dig into Friday’s options tape and the panic looks less pure: for some stocks, option prices climbed even while the share price barely moved — classic institutional put-buying for insurance, not forced selling. That kind of hedging often marks the peak of fear. This week’s earnings from Meta, Texas Instruments and others will show whether the revenue is finally catching up to the spending. My take is, highly likely.
Rumors of an "AI Black Monday"? Here is what you need to know. After months of unprecedented momentum, the AI trade is facing its biggest test yet. Big tech and chip stocks are seeing heavy profit-taking, and macro fears are sparking talk of a wider market reset. Why the sudden pressure on Semis & AI? 🔹 Valuation Reality Check: Investors want to see real revenue, not just huge capex promises. 🔹 Higher Rates & Inflation: Borrowing costs are staying elevated, weighing on high-multiple growth stocks. 🔹 Crowded Trade Unwind: Institutional funds are taking profits and moving to safety. Whether this turns into a deeper correction or creates prime dip-buying opportunities comes down to upcoming big tech earnings. Drop your market prediction in the comments: 🟢 Temporary dip – b
Fed Chair Kevin Warsh just eased the pressure on rate-hike bets—and markets are breathing a little easier… but the AI trade is still on shaky ground. Speaking in Bangkok, Warsh avoided any urgent signal for tighter policy despite this week’s hotter-than-expected inflation readings. Traders are scaling back October hike odds, the dollar is softer, and U.S. futures are drifting higher after Thursday’s rebound. Yet CoreWeave and other leveraged AI infrastructure names remain under pressure amid rising borrowing costs. Semiconductors have been weak this week, with Nvidia, TSMC’s cautious tone, and valuation worries weighing on the group. Investors are rotating into healthcare and defensives instead. The Fed can stay patient for now—that’s supporting risk assets—but the funding math for the AI
Hot PPI data? The bulls couldn't care less. Yesterday’s PPI report came in way hotter than expected (core inflation surged), causing an initial knee-jerk dump in tech and $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ . Bears had their fun for about 5 minutes before the dip-buyers aggressively stepped back in. Key takeaways from yesterday's session: • Bulls are relentless: Dip buyers ate up the early inflation scare almost instantly. • Tech & AI Resilience ($ProShares UltraPro QQQ(TQQQ)$ ): High-beta tech absorbed macro headlines with ease and rallied right back up. • Semis Leading ($Direxion Daily Semiconductors Bull 3x Sh
Inflation just slapped the AI trade in the face — and the market is still reeling. Yesterday’s September CPI came in hotter than expected at 3.7% year-over-year (vs. 3.6% forecast and 3.4% previously). Core was also sticky. That immediately raised the odds of more Fed rate hikes, sending the Nasdaq down ~1.9% and the S&P 500 down ~1.1% — its worst day since July. AI and semi names took the biggest hits (Nvidia, AMD, CoreWeave and others sold off hard) because higher rates make the massive AI spending boom more expensive to finance. Futures are still weak this morning as the selloff continues. Watch today’s PPI, retail sales, and jobless claims at 8:30 AM ET for the next signal on whether inflation is cooling or staying hot.
TSMC Crushes Earnings — Market Still Selling Semis $Taiwan Semiconductor Manufacturing(TSM)$ just delivered another blockbuster AI quarter… and the chip stocks are still getting crushed. The world’s top chip foundry reported record Q3 profit of ~$23.6 billion, up nearly 69% year-over-year, with revenue surging ~51%. It beat expectations and guided for strong Q4 growth, saying demand for leading-edge AI chips has “no ceiling.” Yet the broader semiconductor complex remains under pressure. The Philadelphia Semiconductor Index has been sliding for days, Asia’s chip-heavy markets (especially South Korea) are getting hammered, and US tech futures are lower again. Investors are more focused on higher borrowing costs and questions about ho