Nvidia's strong guidance and clarity on circular financing are being rewarded by the market; this trade continues.

Nvidia briefly lost uh that breakout over 227. It's now recovered. Uh it is back over 227. It looks like we're setting up for a closing over $227, which is great.

Turns out uh or at least it appears that Michael Bur has closed his hedge uh on uh Nvidia following this incredible surge.

especially because when I look at the Nvidia earnings call, I could get a little bit and we talked about this this morning, but looking at that Nvidia earnings call uh video that we did, we broke down where generation is right now uh for these these cloud service providers, basically or the Neoclouds in this case.

And you know, we're generating about $17 per gigawatt uh 17 million, sorry, 17 billion dollars per gigawatt. That's currently where leases are being signed with Anthropic. And so then that is exactly why people are scratching their heads going, well, how do we justify 50 to, you know, $40 to $50 or a billion dollars per gigawatt uh via Elon Musk's underwriting, right?

Because that's how Elon Musk is underwriting his data centers. And that does lead some people to say, "Wait, how are we going to underwrite underwrite at those levels if if we're currently signing six-year contracts with Anthropic at $17?

Seems like we're a little off." Uh AMD is another one of those that's um let's see AMD keep rejecting and losing 500. Let's go see where AMD is. AMD is actually down today on the Nvidia day.

It's it's almost like the market saying, "Hey, today's Nvidia's turn." And in fairness, Nvidia has kind of been left behind for a while. Uh so a lot of people have been frustrated with the lack of movement in Nvidia stock.

And so there's finally some enthusiasm that oh wow Nvidia can finally make it back. How exciting.

I suppose you've got uh Nvidia here now still up 9% into the close, about five on Palunteer.

I feel I see the money getting blown on Nvidia chips by SpaceX. What I think is unique about Nvidia, what's unique about a company like uh you know Amazon or obviously to some extent uh you know their their larger hyperscaler peers is there's different differentiation between those who are monetizing and those who are not monetizing and and so I think what's being rewarded in marketplace is strong guidance uh expectations about some clarity on circular financing obviously we heard a lot of that today uh and last night from uh the Nvidia CFO but bottom line is that that is a trade that we think continues.

Today was all about the equity market because of Nvidia and the impact on other stocks tomorrow. it is going to ring us green after what Nvidia delivered.

Iron gets delivered Nvidia exemplar cloud status on Nvidia GB300 NVLink72 targeting 1.2 gawatts of gross AI cloud capacity in 2027. Wow.