🎤 Had a chance to meet and listen to Dan Ives (one of the most iconic tech analysts on Wall Street) and hear his thoughts on the Nvidia drama, the Anthropic IPO, and where he sees the opportunity in tech!! He called this a “white-knuckle moment” for the tech trade but still thinks we’re in the 1995 internet moment of AI. Here’s my recap 👇 🤖 On Nvidia and Jensen 😬 Called it a “black eye moment” for Jensen and $NVDA. By his read, the market is pricing a 15-20% chance Jensen gets removed as CEO depending on how the congressional scrutiny plays out 📉 If that happens, he thinks the stock drops 25-30%. Jensen is the “central nervous system” of the whole AI ecosystem and Nvidia has no real succession plan ✅ He's still very positive on Nvidia but said the stock is basically trading on one question right now: is Jensen there or not? -- 🚀 Where Dan is bullish ☁️ Hyperscalers: $MSFT , $AMZN and $GOOGL (and even $META) are “more valuable today than they were a week ago”. They already own the compute, so new restrictions on data centers give them more leverage and let them narrow the gap vs Anthropic and OpenAI 💻 Software over semis: thinks we’re entering the “use case phase” where AI finally gets monetized and called out $PLTR , $SNOW , $CRM and $NOW 🛡️ Cybersecurity: $CRWD , $PANW and $ZS ⚡ Energy: “AI doesn’t happen without energy.” We need 4-5x more power than we have today and he thinks nuclear has to be the answer (China has built 23 nuclear facilities in the last few years while a lot of US data centers are stuck waiting for power) -- 😰 Where Dan is bearish ☁️ Neoclouds: “a game of musical chairs, some left without a chair.” With rates and credit spreads where they are it’s hard for $CRWV to raise capital. He sees $NBIS as the best positioned, but called the group a headwind, not a buying opportunity 💸 Debt-heavy AI plays: used $ORCL as the “poster child”... take on that much debt and it’s hard for the stock to work 🏛️ Politics: his #1 worry for tech isn’t valuations, it’s the political environment and the anti-data-center push since the election. “Every data center that gets voted down, China ultimately wins” -- 🧠 On the Anthropic IPO 💰 Thinks ~$1T is the right valuation to go out at (more “digestible” than $1.4-1.5T) and that a successful IPO matters more than stretching it 🔮 Long term he thinks they can get to $500-700B in annual revenue, but warned newly public companies take years to build out and any speed bump gets punished... pointed at $SPCX as the example 👀 Curious what you guys think!! P.S. shout our Direxion ETFs for inviting me to this event! Tagging a few of their ETFs as a thank you - feel free to check them out 😎
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4 Comments
Not Financial Advice @anpc86 · 1h
Nvidia needs to find if there’s another super cousin in the Huang family tree. Agree on hyperscalars angle, the demand and usage is not going down, and supply is going to be tightened. Another good one is SpaceX with their spot deals with Compute Energy: there’s an opportunity for Canada for Nation building projects both in exports and data center buildout. Sitting in Future Summit in Calgary. Alberta needs gas turbines to be manufactured… Ontario losing jobs in Manufacturing in their traditional industries, there’s potential for nation-wide synergy See what happens
Jeffrey
@investor282 · 1h
I’m so tempted to buy nvda
RJ Fire@rj_fire · 1h
Thanks for sharing his thoughts 👍👍
Mike L
@noviceadvisor · 1h
Oracle really shot themselves in the foot, knee, and chest with that plan of spending 10s of billions. I recall saying it was a bad move many months ago.
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