Nvidia CEO Jensen Huang says AI has officially reached its inflection point, shifting from experimental tech to productive, profitable work.
Huang added that more people using AI agents is driving the surging demand for compute: "The amount of compute necessary for an agent versus a human using is probably 15 to 100 times, depending on the type of problem you're trying to solve." Source: Yahoo Finance
Abercrombie & Fitch just delivered a historic earnings surprise.
$ANF surged 35% yesterday, putting the stock on track for its biggest one-day gain in 30 years as a public company. Q2 EPS reached $4.17, more than double the $1.97 expected. A $100 million tariff refund added $1.75 per share, but even excluding that boost, EPS still came in at $2.42, comfortably above forecasts. The company also: Raised full-year EPS guidance by 27%, from $10.20 to $13.35 Increased planned share buybacks to at least $500 million Reported record Q2 revenue of $1.27 billion Extended its growth streak to 15 consecutive quarters Before today, the stock was down 26% year-to-date. One earnings report erased the entire decline and pushed $ANF to its highest level in 19 months. Sometimes, expectations matter more than headlines. Source: Trend Spider
Yesterday evening in after-hours trading $NVDA reversed sharply and closed up nearly 4% after a stunning comment from its CFO:
“We expect revenue to grow by approximately 70% in fiscal 2028. This is a supply-constrained outlook.” In other words, the world’s largest company believes it could nearly double revenue again next year—and demand would be even stronger IF SUPPLY COULD KEEP UP. What makes this remarkable is the timing. NVIDIA rarely provides guidance this far in advance. Offering such a confident outlook one year ahead suggests management has exceptional visibility into the AI infrastructure pipeline. The message is clear: The AI investment cycle is NOT slowing down. And the rise of AI agents may be about to unlock an entirely new wave of economic value. This is bullish 🚀 Semis, photonics, memory, power, neocloud, etc. Source: Michael Sikand
Nvidia $NVDA has agreed to acquire Hugging Face for $12.9B
Hugging Face hosts millions of AI models and datasets and has become a major hub for open-source AI developers. Hugging Face was recently hacked by OpenAI AI agents during a cybersecurity test. Source: Trend Spider, Bull Theory
As highlighted by David Marlin on X, the most important line from tonight's $NVDA call came from the CFO.
“CapEx by the top 5 hyperscalers is expected to reach $800B in 2026 and $1.3T in 2027.” Consensus had $1.3T in 2028. She just moved it up a year to 2027‼️ It seems (again) that everyone is underestimating the strength of this AI supercycle Source: Marlin Capital
For what PE ratio is worth as a valuation tool for Tech stocks, Nvidia $NVDA is the cheapest of the Mag 7 on a Forward PE Ratio basis:
TSLA: 156x AAPL: 33x AMZN: 25x GOOG: 23x MSFT: 21x SPX: 20x META: 17x NVDA: 16x
Michael Burry has opened a bullish position in Nvidia $NVDA
Labeling the position as a "hedge" Source: Michael Burry Stock Tracker ♟
If you invested $100K into Victoria's Secret $VSXY the day they announced they were bringing back the Fashion Show you'd now be at $402,000.
They cite Pakistani and Iranian sources, saying the deal will be announced in the coming days. U.S. oil prices fell on the news. Neither the U.S. nor Iran have confirmed. Source: Trend Spider
