$CoreWeave, Inc.(CRWV)$ Oppenheimer notes that CoreWeave is building out capacity faster than expected. They expect CoreWeave to bring online 1GW of additional capacity by the third quarter, which is higher than the full-year guidance. Oppenheimer has an Outperform rating and a $150 price target on CoreWeave.
$CoreWeave, Inc.(CRWV)$ Despite the massive rally in AI-related stocks, analysts highlight Nvidia and CoreWeave as still offering strong growth potential at relatively low valuations. Nvidia's earnings growth far outpaces its price-to-earnings ratio, while CoreWeave's AI-focused cloud services trade at a modest price-to-sales multiple despite high debt. Honestly, both could deliver outsized returns if they sustain demand and improve financial performance, amid broader AI adoption in sectors from robotics to sports betting.
$SPDR S&P 500 ETF Trust(SPY)$ There will be a massive pump from now until November. First, a "deal" with Iran. Then, the 250th anniversary stimulus checks. Then, since the new inflation data that Warsh brings in will show sub 2%, they will be able to do at least 2 cuts before November. ATHs are guaranteed by midterms.
$SPDR S&P 500 ETF Trust(SPY)$ CAR, Avis car rental, is looking like the new AMC or GameStop. It's up 400% and still climbing, powered by a float of 10 million shares and a 50% short position. At this rate, this massive money-losing business might soon be worth more than the car companies.
$SPDR S&P 500 ETF Trust(SPY)$ Oil being weaponized is bullish for new all-time highs, only 40 SPX points away. But honestly, it feels more like an insane fraud that no one cares about.