To The Moon

CRWV was a fear factor, SPCX, after results, may be the antidote. Sterling results printed is what actually the AI trade needs right now. And it could not have come at a better time.

Putting money where their mouth is is always a good sign. B ut also pay attention to how many shares they are buying. $50k worth is quite small and may just be a red herring. 

Matt, why are you selling? Didn't you say MRVL is roaring 20's and going to the moon?

That's a powerful statement.  Not all Neo-Clouds are the same? 

Nasdaq AI Plays It's very scary right now. Wednesday market collapses. Thursday, all good again and some recovery. Friday, it's going even lower.  If you study history, this kind of pattern usually mean the burst is happening. Time not to be adventurous. Be super careful.

Indonesia Market Collapse. Indonesia trigger circuit breaker after falling more than 10%. Now reopened at a further lower 3% crash. How will this impact the rest of Asia? Whereas it is true Indonisia is not a big market in the global sense. But then again, back in 1997, Thailand was also a small market. Yet, the Asian Currency Crisis started with this small market. Hope this does not happen again.

‌ T‌he news are just stacking up. One AI after another stressing fund burns and having to raise fresh capital. What this is showing is beside energy, AI Data Centres are soaking up cash. And we are not even thinking about the IPO's of Anthropic and OpenAI. There is a very realy fear that the funding is drying up.

‌ T‌he cash burn is the big worry now. For CRWV to have to tap into getting funds from Insurance businesess, this suggest that other avenues for cash may have become more punitive. Insurance funds are very expensive to tap into.

The circular financing model only works of the company being funded survives. Sorry, just stating the obvious. But people seem to have forgotten this part......

AI and Tech Route.  Is this the beginning? Will we be seeing another black October? I don't know. But certainly last night (and now post-market hour) is scary. As Elon Musk posted about CRWV's bond yield, YIKES.