Why Nvidia fell and then rose an hour later Nvidia earnings came out Wednesday afternoon, after the market closed. The numbers were good. Sales were $96.2 billion, more than double what they were a year ago, and higher than what…
We have spent more time on artificial intelligence in these notes than I planned to when I started writing them. I will be honest about that. But it is what is driving the markets right now. And if I am…
This week the AI rally finally took a real punch to the gut which it does from time to time. The priced-in lesson we have discussed on this site scaled all the way up from individual stocks to the whole…
This week the AI rally got bigger, the rules from last week kept proving themselves, and the Cerebras story I started telling last Saturday continued in a way worth watching. Three items, all connected. Let’s get into it. 1. The…
Welcome to Weekly Notes. This is the first one, so a quick word on what it is. Once a week — Saturdays — I’ll pull together a couple of things that caught my eye in money and markets, and try…
