Alphabet handed us an $80B dilution headache, Jensen casually blessed Marvell with a 32% rally, and now we're staring at Broadcom hoping the AI math still works
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Morning brief: Nvidia just injected fresh greed into AI infrastructure, Meta is sliding as executives quietly unload shares, and tomorrow we treat the Broadcom print like a polygraph test
Nvidia's GTC Taipei keynote is injecting fresh greed into the market today, triggering massive breakouts across the broader AI cloud and infrastructure ecosystem. Nebius Group spiked 14% as BNP Paribas initiated coverage with a $255 target, validating the AI cloud provider's dramatic Q1 swing to profitability. CoreWeave surged 14% after deploying Nvidia's Vera Rubin systems first, earning Russell 3000 inclusion and a $192 price target from BNP Paribas. Meta slumped 5% on heavy volume as key executives dumped shares and Wall Street questioned the timeline for monetizing its massive AI budget. Broadcom reports earnings tomorrow after the close, serving as the immediate fundamental test to see if this relentless AI infrastructure momentum can hold.
Posture: Maintaining AI infrastructure exposure while avoiding FOMO ahead of AVGO earnings. Market is hot from GTC headlines.
Tickers in focus: NVDA, META, AVGO
Upcoming earnings
Evening brief: Alphabet handed us an $80B dilution headache, Jensen casually blessed Marvell with a 32% rally, and now we're staring at Broadcom hoping the AI math still works
AI-chip momentum drove the broader market to fresh all-time highs, completely shrugging off a massive Alphabet stock offering that weighed heavily on mega-cap tech. Marvell melted up 32.5% after Nvidia CEO Jensen Huang effectively blessed their new networking switch chip by calling them the next trillion-dollar company. Bloom Energy popped 10.7% as new tariff cuts on industrial metals slashed input costs for their hyper-deployable datacenter power hardware. Alphabet dumped nearly 4% after dropping a surprise $80 billion stock sale to fund AI capital expenditures, instantly triggering heavy dilution fears. All eyes are on Broadcom earnings tomorrow afternoon to see if their AI revenue acceleration can actually validate these nosebleed semiconductor valuations.
Posture: Holding aggressive AI infrastructure exposure. Pausing new entries to prevent over-trading and let compounders run ahead of AVGO earnings.
Tickers in focus: GOOGL, MRVL, AVGO
Upcoming earnings
The day's moves on the ledger
No slate changes were logged this day.
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