FinTech Dev * Asset Management
San Francisco, CA
Joined April 2009
- Tweets4.3K
- Following777
- Followers485
- Likes0
Bernstein downgrades $NVDA to market-perform and cuts price target to $200 from $400
“Our gut tells us that we probably haven’t yet fully probed the depths of what might be found here; we’ve had enough, and prefer to watch from the sidelines.”
2
164
SS United States getting sunk. What timing.
Historic ocean liner SS United States to be sunk off Florida to become artificial reef xitter.cf/i/broadcasts/2POreeapg…
1
555
$NVDA 160.85 -12.88 (-7.41%) AH : 5:34:30 PM EST
$NVDA - NVIDIA BOARD REPORTEDLY PREPARING TO OUST CEO JENSEN HUANG
Nvidia is reportedly preparing to remove founder and CEO Jensen Huang following revelations of two extramarital affairs, including one involving a suspected Chinese intelligence operative.
The board could meet as soon as today to decide Huang's future, according to people familiar with the matter.
No final decision or official announcement has been confirmed.
1
1
359
Mario D'Angelo retweeted
$NVDA - *NVIDIA SHARES EXTEND DECLINE TO 8.5% POSTMARKET
Mario D'Angelo retweeted
ANTHROPIC'S $90 BILLION IPO IS ALREADY MULTIPLE TIMES OVERSUBSCRIBED
Anthropic ($ANT) has reportedly attracted several times more investor orders than shares available, according to Bloomberg, citing people familiar with the offering.
The Claude maker aims to raise up to $90.4B through its IPO and private placement, potentially making it the largest public listing in history.
Anthropic is targeting a $1.4 trillion fully diluted valuation, with Goldman Sachs and Morgan Stanley leading the offering.
Demand is being driven by large institutional orders, while some investors are reportedly already reselling portions of their allocations at premiums.
The AI IPO frenzy is accelerating before Anthropic even begins trading on Nasdaq
Multistrats were supposed to be uncorrelated money but these markets are proving a performance challenge for many. Interesting pod that dives behind the turmoil. ▶️ @TheStalwart @tracyalloway #OddLots
NEW ODD LOTS:
A brutal 5 weeks for hedge funds of all types.
@tracyalloway and I talk to @nishantkumar07 about all these funds posting terrible numbers and then we also talk to Bloomberg News’ Michael Ball about what’s driving these huge market moves podcasts.apple.com/us/podcas…
1
3
1,104
"Next two months are going to be very difficult. What will it take for traders to take risk now? .. and if they are wrong already bad performance can become so worse that they will lose their job anyway." - @nishantkumar07
2
919
Mario D'Angelo retweeted
Scoop: price of the brick going up
(Anthropic bankers prepare to increase IPO valuation to $1.5tn or more)
w/ @ameliajpollard and George Steer
ft.com/content/68bcba57-0575…
Mario D'Angelo retweeted
Anthropic’s seven founders plan to cash out about $250 million apiece in the IPO—leaving them with stakes worth around $18 billion each. on.wsj.com/3UvjfqG
Flip side, biggest component to volatility, this supersedes :
"8. Everyone knows this is about politics"
xitter.cf/dailydirtnap/status/21…
Reasons not to hike rates at all, let alone 50bps:
1. Oil just crashed 20%
2. CPI is backward-looking
3. Inflation is at the average of the last 40 years
4. Stocks crashed last week
5. It's one print. An ugly print, but one print, and the Fed shouldn't be making decisions based on one data point
6. Inflation was a lot higher in 2021 and there was no urgency then, why, I wonder, does everyone have religion about this all of a sudden?
7. You never hike into a supply shock
8. Everyone knows this is about politics
9. Everyone knows Warsh is strongly disliked
10. And Warsh is a proxy for Trump
11. Copper just broke the uptrend
12. A 50bp move is for emergencies. Nothing here constitutes an emergency.
13. See my previous tweet
1
2
1,267
Interesting week in adjusting trading & financial models on the fly. It's only Tuesday. Article via @julianaliu bloomberg.com/opinion/articl…
2
886
Mario D'Angelo retweeted
As Anthropic launches IPO roadshow in NY, here in SF it’s hosting a customer event announcing new features like Claude Sheets, competing with MSFT Excel. Company pitching Claude to be not just for coders, but sales, finance, legal “knowledge worker”
bloomberg.com/news/articles/…
Mario D'Angelo retweeted
US commerce department delays Megaspeed’s inclusion on trade blacklist ft.trib.al/CUF0jlV
Mario D'Angelo retweeted
Communicating how the fed is reacting to information is key to minimizing unnecessary volatility. So far the communication strategy has not been effective in clearly articulating what would result in changes in policy, and by what magnitude.
Mario D'Angelo retweeted
US 10-YEAR TREASURY AUCTION SEES WEAKER DEMAND AS YIELD TOPS 5%
The US Treasury sold $42 billion in 10-year notes at a high yield of 5.02%, above the 5.010% when-issued yield before the auction.
The bid-to-cover ratio fell to 2.46 from 2.77 at the previous auction, signaling weaker investor demand.
The auction tailed by 1 basis point, as investors demanded a higher yield to absorb the debt.
Treasury yields are back above 5%, adding pressure to bonds, borrowing costs and equity valuations.
