Manchester & London Inve... Share Discussion Threads

[shavian] 26/7/2024 17:44

Thanks, just nibbling at it until a clear direction is reestablished.

[takeiteasy] 26/7/2024 17:42

hxxps://uk.investing.com/news/stock-market-news/microsoft-stock-aint-cheap-but-ai-story-has-barely-playedout-ubs-432SI-3614358

Ahead of Microsoft's (NASDAQ:MSFT) upcoming 4Q earnings report, UBS analysts highlighted three main discussion points in a note Friday: Azure's potential upside from AI and core demand, capital expenditure trends, and the growth trajectory of Office 365.

The analysts maintained a Buy rating and $520 per share target on Microsoft, emphasizing that the company's involvement in AI is a major driver of its future growth.

"The read-through from the Google Cloud results was positive, as was our meeting with rival/partner CoreWeave last week. CoreWeave's revenue and backlog growth trajectory is outstanding and with Microsoft as a major customer, we view this as a positive for AI infra demand," UBS wrote.

nai/dyor etc

[scottishfield] 26/7/2024 09:43

Well done Shavian, you have played this well.

[shavian] 26/7/2024 08:54

Tiptoeing cautiously further back into MNL this morning as my exposure to NVDA has become minimal, and it seems nuts not to buy it indirectly at a 20+% discount.

[takeiteasy] 26/7/2024 05:42

On July 22, Piper Sandler raised its NVDA price target from $120 to $140, keeping an "Overweight" rating. The analyst expectsr Nvidia's July earnings to beat expectations, with the upcoming Blackwell architecture launch expected to drive new growth into the October quarter. Strong demand from cloud service providers, enterprises, and sovereign entities is predicted to outpace supply, with the firm predicting that Nvidia could potentially exceed July quarter revenue expectations by $2 billion.

The press cannot push the bearish NVDA "demand pause" argument they tried in Q1 as industry experts simply do not buy it for Q2, so they push instead the idea that there are not sufficient valuable use cases to justify all the AI investment - so exhort investors to sell up. Many global firms are being very explicit about they are deploying AI so it is a very wierd argument to press as hard as they are (FT included)- folks can pretty much see exactly what is going on in front of their eyes :)


Visa is using artificial intelligence and machine learning such as risk scoring to counter fraud, the firm said. “We look at over 500 different attributes around [each] transaction, we score that and we create a score –that’s an AI model that will actually do that. We do about 300 billion transactions a year,” said James Mirfin, global head of risk and identity solutions.


Speaking to CNBC, Samsung Electronics’ mobile boss TM Roh discussed Galaxy AI and software strategy, while hinting at future foldable products and mixed reality headsets. Roh said the company hopes its suite of AI software will push users to upgrade to its latest smartphones.


nai/dyor etc

[takeiteasy] 25/7/2024 14:26

"Tech's splurge on AI chips has companies in 'arms race' that's forcing more spending "
@CNBC

oh to be an AI chip infrastructure portfolio investor lols :)

nai/dyor etc

[takeiteasy] 25/7/2024 08:23

again we don't own this in our portfolio - but for general state of AI market place etc

nai/dyor etc

[takeiteasy] 25/7/2024 06:57

Nice results last night from IBM, KLAC and Service Now all stating AI core to strategic improvements (not held here but read over for AI)

IBM - “We continue to see that clients turn to IBM for our technology and our expertise in enterprise AI, and our book of business for generative AI has grown to more than $2 billion since the launch of watsonx one year ago," Krishna said

Service now - Mastantuono said that the company’s Now Assist generative-AI offering has gotten off to the fastest start of any ServiceNow product and is proving useful to companies across industries. For example, BT, formerly known as British Telecom, has used it to lower time spent on customer-service calls.

KLAC - "AI continues to be a driver and enabler of KLA’s business. In terms of driving our business, we see higher value wafer volume, more complex designs, larger die and chip sizes, and growing advanced packaging demand that can all be traced back to AI," Wallace and Higgins said.

nai/dyor etc

[shavian] 24/7/2024 17:26

Luckily still got a lot of powder dry from my sales of two weeks ago. Patience is called for here.

[takeiteasy] 24/7/2024 13:35

never thought top ups would be available again at these levels - eventually the sellers will be worked through I guess...new NAV update later shortly....

[takeiteasy] 24/7/2024 07:13

Tesla is getting hit from both sides. Expenses are soaring as the company spends on the artificial intelligence infrastructure Musk says is needed to turn Tesla EVs into self-driving cars, and to develop humanoid robots capable of doing factory work and more.

If you are not a Tesla but Nvda investor this is ironically rather good news to hear the level of AI infrastructure capex continues (as per Google announcements) :)

nai/dyor etc

[takeiteasy] 24/7/2024 05:28

Executives said fears that generative artificial intelligence competitors would detract from search performance and advertising revenues have so far been unfounded. “We are seeing increases in search usage and user satisfaction,” said Alphabet Chief Executive Sundar Pichai (pictured).

Adding AI-generated responses to the top of search results pages has been particularly popular, he said: “We are seeing engagement from younger users ages 18 to 24 when they use AI with searches.”

hxxps://siliconangle.com/2024/07/23/alphabet-beats-street-slowing-ad-growth-drags-stock-price/

Having a 4% underweight position vs index seems a good call from our managers imvho

nai/dyor etc

[takeiteasy] 23/7/2024 07:48

First company in our portfolio reported earnings for Q2 2024 last night....


Cadence (CADE) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.64 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 15%. A quarter ago, it was expected that this bank would post earnings of $0.54 per share when it actually produced earnings of $0.62, delivering a surprise of 14.81%

hxxps://www.msn.com/en-us/money/savingandinvesting/cadence-cade-tops-q2-earnings-and-revenue-estimates/ar-BB1qrpz8

The company raised its fiscal 2024 revenue forecast to between $4.60 billion and $4.66 billion, compared with its prior expectations of $4.56 billion to $4.62 billion

nai/dyor etc

[takeiteasy] 23/7/2024 06:45

nvestorPlace
Jul. 22, 2024, 01:58 PM
InvestorPlace - Stock Market News, Stock Advice & Trading Tips

Following a rough outing last week, Nvidia (NASDAQ:NVDA) got the new week off to a bright start with a significant jump higher. Bolstering sentiment was a pair of analyst price target upgrades, reflecting confidence in the underlying technology powerhouse. Specifically, the upcoming launch of the Blackwell graphics processing unit should serve as a major growth catalyst for Nvidia stock.

According to a report by StreetInsider, Loop Capital raised its price target on NVDA to $175. Previously, the price-per-share forecast sat at $120. Here, experts cited artificial intelligence (AI) as a catalyst to spark material upside relative to consensus expectations for sales and earnings.

Adding to the optimism for Nvidia stock, Piper Sandler reaffirmed its “overweight221; rating on NVDA earlier Monday. In addition, the research arm’s experts lifted their price forecast to $140 from $120. Bullish expectations for the semiconductor giant’s July quarter and guidance for the October report inspired the upgrade.

nai/dyor etc

[takeiteasy] 22/7/2024 14:22

hxxps://markets.businessinsider.com/news/stocks/maintaining-buy-on-asml-holding-nv-amid-export-restrictions-scemama-s-optimistic-valuation-despite-risks-1033577293

Analyst Didier Scemama from Bank of America Securities maintained a Buy rating on ASML Holding NV (0QB8 – Research Report) and keeping the price target at €1,302.00.

Didier Scemama has given his Buy rating due to a combination of factors including the potential financial impact of export restrictions to China and the current valuation of ASML Holding NV. Scemama’s analysis acknowledges the risk of U.S. restrictions on ASML’s China operations, which could reduce the company’s EBIT by 3% to 30%. He suggests that the market has already factored in a significant likelihood of a complete DUV ban, which he considers to be an overly pessimistic scenario. Despite these concerns, Scemama maintains a Buy rating, viewing the current share price as an attractive entry point for investors ahead of the company’s Capital Markets Day in November.

hxxps://www.msn.com/en-us/money/markets/cramer-s-mad-dash-nvidia/vi-AA1nVNb9

nai/dyor etc

[takeiteasy] 22/7/2024 13:52

very long listen....nai/dyor etc

[takeiteasy] 22/7/2024 13:25

I think we are at a fork point, those who believe AI will change significant parts of our lives over the next 5 to 10 years will no doubt continue to buy/hold here and those who do not see the demand patterns yet will take their profits as they are atm.

I am not as sure as you that the elections will affect this as much as you think, I think the MSFT/NVDA results will make the remainder of 2024 clear enough I suspect/hope.

hxxps://bmmagazine.co.uk/business/how-is-ai-changing-retail-13-trends-reshaping-the-retail-industry-in-2024/

hxxps://www.malaysiasun.com/news/274462881/with-ai-digital-health-scene-is-going-to-change-very-rapidly-niti-aayog-member-health-vk-paul

you can find equivalent reports in most industries...

nai/dyor etc

[shavian] 22/7/2024 12:47

My panic part sale of MNL, PLTR and TSLA on 12 July does not seem so stupid after all. What was stupid was to buy back half the sale when markets jumped a bit on Trumps survival. A Trump win would be bad for semis as he's soft on protecting Taiwan. So Biden pulling out at last gives some hope for a defeat for Trump, hence good for semis while that hope lasts. I'm expecting a rally in our stocks so bought back a few more this morning. GLA DYOR as usua

[takeiteasy] 19/7/2024 06:50

Great work by Morgan Stanley suggesting we could see another few weeks of down and the SPX down too. We have been calling for a consolidation phase in both of our last Factsheets so we would not be surprised - our manager's tweet this week


hxxps://www.theglobeandmail.com/investing/markets/stocks/INTC-Q/pressreleases/27468330/should-you-buy-or-sell-nvidia-stock-on-china-trade-concerns/

As semi stocks sold off on Wednesday, Mizuho Securities analyst Jordan Klein advised investors not to panic, and remarked, “My personal take is not to freak out and start indiscriminately selling semis with reckless abandon. A pullback and risk-off trade into July earnings season IS GOOD IN MY VIEW to lower expectations and very elevated and euphoric investor positioning/sentiment in the semi sector.”

discount (estimated) back up around 20% - this share never seems to like to be down around 12-14 or so does it for long....

nai/dyor etc

[takeiteasy] 19/7/2024 06:38

Nvidia rebounds
Nvidia shares rose 3% on Thursday, recovering from a 7% drop in the previous session as Donald Trump’s comments on Taiwan raised geopolitical concerns. Nvidia’s rise came after TSMC said demand remained high while supply was constrained for high-end AI chips, which TSMC manufactures for Nvidia. The semiconductor sector had its worst day since 2020 on Wednesday, with AMD, Arm, Broadcom, and Qualcomm also declining. “While there is rising concern over geopolitical tension given the upcoming US presidential election, TSMC mentioned that it would continue its overseas expansion to mitigate the risks,” Citi analyst Laura Chen wrote in a note on Thursday.


nai/dyor etc

[takeiteasy] 18/7/2024 21:52

nai/dyor etc

[takeiteasy] 18/7/2024 09:43

sale of 250 at 7.04 is a 23pc discount to NAV reported last night ...nvda up c3 pc pre market :)nai/dyor etc

[takeiteasy] 18/7/2024 08:21

https://youtu.be/eRanu4u7G9w?si=kd9JvYahrbtWbL....hard to predict the winners and losers...but MSFT and Nvda seen as unassailable right now...nai/dyor etc

[takeiteasy] 17/7/2024 07:10

CEO statement and outlook
"Our second-quarter total net sales came in at €6.2 billion, at the high-end of our guidance, with a gross margin of 51.5% which is above guidance, both primarily driven by more immersion systems sales.

"In line with previous quarters, overall semiconductor inventory levels continue to improve, and we also see further improvement in litho tool utilization levels at both Logic and Memory customers. While there are still uncertainties in the market, primarily driven by the macro environment, we expect industry recovery to continue in the second half of the year.

"We expect third-quarter total net sales between €6.7 billion and €7.3 billion with a gross margin between 50% and 51%. ASML expects R&D costs of around €1,100 million and SG&A costs of around €295 million. Our outlook for the full year 2024 remains unchanged. We see 2024 as a transition year with continued investments in both capacity ramp and technology. We currently see strong developments in AI, driving most of the industry recovery and growth, ahead of other market segments," said ASML President and Chief Executive Officer Christophe Fouquet.

hxxps://markets.businessinsider.com/news/stocks/asml-reports-6-2-billion-total-net-sales-and-1-6-billion-net-income-in-q2-2024-1033562387

Last sentence by CEO rather helpful for us Shavian :)

dyor/nai etc