Word has it that NVDA is pushing Claw software which is agentic AI and is open source. The discussion was that it will unlock CUDA software wherein CUDA will then be able to be used on all other GPUs. This is indeed a bold move for NVDA as CUDA was the moat that NVDA created. It will be interesting to see how Jensen lays this out. I think GTC will be extremely telling this year. To be continued.

Double Top Breakout on 10 March 2026. GLTA

Monster numbers are already out, now the market wants the next spark. If GTC delivers even one real “wow” moment, this can wake up quick again.

The CPB segment provides mobile brands and products that support handheld personal media players, personal digital assistants, cellular phones,
and other handheld devices. This segment also licenses video game consoles and other digital consumer electronics devices.

The company markets its products to original equipment manufacturers, original design manufacturers, add-in-card manufacturers, system builders,
and consumer electronics companies. NVIDIA was founded in 1993 and is headquartered in Santa Clara, California.

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NVIDIA Corporation provides visual computing technologies designed to generate interactive graphics on consumer and professional computing devices
in the United States and internationally. It operates in four segments: Graphic Processing Unit (GPU), Media and Communications Processor (MCP),
Professional Solutions Business (PSB), and Consumer Products Business (CPB).

The GPU segment comprises products that support desktop and notebook personal computers, and plus memory products.
The MCP segment consists of NVIDIA nForce core logic and motherboard GPU products.
The PSB segment offers professional workstation products and other professional graphics products, including high-performance computing products.

http://finance.yahoo.com/q/ks?s=NVDA

http://www.nvidia.com

mentioned in this article $INTC $TLRY $NVDA https://finance.yahoo.com/news/tilray-brands-expects-generate-1-152000191.html

NVDA, still above the 200 sma

Hopefully they put Humpty Dumpty back together again over there next week. GTC is the following week and it would be a wasted PR event if the market stays this way.

Interesting article about open ai and Nvidia Groq LPU chip https://wccftech.com/openai-is-set-to-be-the-biggest-customer-for-the-upcoming-nvidia-groq-ai-chip//amp/

U.S. futures edge up as Middle East tensions persist; jobs report in focus: Dow Jones, S&P, Nasdaq, Wall StreetMarch 6, 2026 5:25 AM
IH Market News
Futures tied to the main U.S. stock indices moved slightly higher on Friday as investors continued to evaluate the escalating conflict involving Iran, which has yet to show signs of easing. Oil prices remain on track for strong weekly gains amid concerns over supply disruptions through the crucial Strait of Hormuz. Meanwhile, markets are preparing for the release of the February U.S. employment report, while shares of Marvell Technology (NASDAQ:MRVL) surged after the chipmaker lifted its revenue outlook on the back of strong artificial intelligence-driven demand for data centers.



Futures rise as Iran conflict continues



U.S. equity futures posted modest gains, though market sentiment remained cautious as the conflict involving Iran entered its seventh day.At 03:06 ET, Dow futures were up 50 points, or 0.1%. S&P 500 futures rose 8 points, or 0.1%, while Nasdaq 100 futures advanced 65 points, or 0.3%.Wall Street’s main indices had declined in the previous session, weighed down by rising oil prices and growing fears that supplies could be disrupted through the Strait of Hormuz south of Iran.U.S. crude prices have climbed nearly 21% since the United States and Israel carried out coordinated strikes against Iran. The conflict has since spread across parts of the Middle East and the Persian Gulf, raising concerns about oil flows from the region.Average gasoline prices in the United States have increased by 27 cents since the start of the attacks, reaching $3.25 per gallon, Reuters reported, citing data from travel group AAA.With fuel costs rising, some investors are increasingly worried that a prolonged conflict could trigger renewed inflationary pressures, potentially delaying any Federal Reserve interest rate cuts later this year. U.S. Treasury yields have moved higher, putting additional pressure on equities.Outside the United States, higher oil prices have weighed on Asian markets and currencies, particularly in South Korea, which relies heavily on oil imports passing through the Strait of Hormuz. South Korea’s Kospi index ended the session roughly unchanged but has declined 10.56% over the past week. Major European indices are also heading for their steepest weekly losses since last April.



Oil prices set for strong weekly gains



Crude prices remain on course for significant weekly increases as traders worry that the conflict could disrupt shipping through the Strait of Hormuz, a route that carries roughly one-fifth of global oil supplies.In an attempt to calm markets, the United States has announced it will temporarily allow Russian oil sales to India for a period of 30 days.“While this might help put some immediate downward pressure on the market, it is not a game-changer. The only way for prices to come down on a sustained basis is a resumption of oil flows through the Strait of Hormuz,” analysts at ING said in a note.According to Reuters, the U.S. Treasury Department is also expected to introduce measures designed to help contain energy prices through financial market mechanisms.Meanwhile, the military conflict shows little sign of easing. Israel has carried out strikes on Hezbollah targets in Lebanon and on infrastructure in Tehran, while Iran’s Revolutionary Guards have launched drones and missile attacks toward Tel Aviv, according to media reports.Iran has also delayed naming a successor to Ayatollah Ali Khamenei, who was killed in U.S. and Israeli airstrikes, the New York Times reported. Mojtaba Khamenei, the son of the late supreme leader, is widely seen as the leading candidate, though U.S. President Donald Trump described the potential appointment as “unacceptable.”



Jobs report due



Although the Middle East conflict has dominated headlines this week, investors are also awaiting key economic data on Friday with the release of the February U.S. employment report.Economists expect the U.S. economy to have added around 58,000 jobs last month, down from 130,000 in January, while the unemployment rate is forecast to remain steady at 4.3%.Federal Reserve officials have been closely monitoring labor market conditions, which have remained relatively resilient even though hiring activity has been subdued. The Fed has kept interest rates unchanged while waiting for clearer signals about the future path of employment.Artificial intelligence developments may also influence how the labor data is interpreted. Analysts and workers have warned that the rapid adoption of AI tools could eventually lead to widespread white-collar job losses as companies use the technology to improve productivity and reduce costs. Concerns intensified last week after Jack Dorsey’s payments company Block announced plans to cut roughly 40% of its workforce.



Marvell shares surge



Shares of Marvell Technology jumped more than 14% in after-hours trading after the semiconductor firm raised its annual revenue forecast, citing strong spending on data center infrastructure driven by artificial intelligence.Major technology companies such as Amazon and Microsoft are investing heavily in AI and plan to spend billions expanding the data centers required to support the emerging technology.Companies like Marvell, which develops networking and connectivity technology that allows data to flow efficiently within large computing systems, have benefited significantly from this surge in spending.Chief Executive Matt Murphy told investors the company now expects fiscal 2027 revenue to increase by more than 30% year-on-year to nearly $11 billion. Marvell’s data center segment in particular is expected to drive revenue growth in each quarter of fiscal 2027.



Nvidia reportedly halts China chip production at TSMC



Nvidia (NASDAQ:NVDA) has reportedly asked semiconductor manufacturer TSMC (NYSE:TSM) to halt production of chips destined for China as the company continues to face restrictions linked to U.S. export controls, according to the Financial Times.The report said Nvidia has shifted manufacturing capacity at TSMC away from its H200 processors toward the next-generation Vera Rubin platform.The move suggests Nvidia no longer expects significant sales of its H200 chips in China, especially given ongoing uncertainty over U.S. export rules and increased regulatory scrutiny in China.President Trump indicated in December that Nvidia would be allowed to sell the H200 chip in China. Although the processor is not the newest in Nvidia’s lineup, it remains the most advanced AI chip the company is permitted to export to China under current U.S. restrictions.However, sales in the country have reportedly slowed as U.S. lawmakers push for tighter controls and Chinese regulators seek to reduce reliance on foreign AI technology as part of Beijing’s broader push for technological self-sufficiency.Marvell Technology stock priceNvidia stock priceTaiwan Semiconductor stock price

Original: U.S. futures edge up as Middle East tensions persist; jobs report in focus: Dow Jones, S&P, Nasdaq, Wall Street

It will also make NVDA richer when the IPO happens the same way as CoreWeave did.

Jensen spoke at Morgan Stanley conference yesterday said they gave 30 billion to open ai and that will be all as open ai will IPO later this year along with anthropic. Hopefully that puts the 100 billion to rest.

I read an article where Nvidia is giving up on H200 production they need capacity for Rubin. Time will tell if true personally I think it will be best thing to happen it is a distraction. China may be holding their own with the Ascend chip so they say but as time goes they will be farther behind, and without CUDA the nail in the coffin. No matter what they can’t buy state of the art semiconductor equipment so they have to develop which isn’t easy even for their manufacturing. I hope the H200 scenario is over good riddance on to GTC

Broadcom tops expectations, forecasts $10.7 bln in AI chip revenue; shares climbMarch 5, 2026 6:49 AM
IH Market News
Broadcom (NASDAQ:AVGO) shares surged more than 6% in U.S. premarket trading on Thursday after the artificial intelligence chipmaker reported quarterly results that beat expectations on both revenue and profit, while issuing stronger-than-anticipated guidance for the current quarter.The company also unveiled a new share repurchase authorization of up to $10 billion.For its fiscal first quarter, Broadcom reported adjusted earnings of $2.05 per share on revenue of $19.31 billion. Analysts had forecast earnings of $2.02 per share and revenue of $19.21 billion.Looking ahead, the chipmaker said it expects second-quarter revenue of roughly $22 billion, comfortably above the consensus estimate of $20.4 billion. AI semiconductor revenue is projected to reach $10.7 billion.“Broadcom achieved record first quarter revenue on continued strength in AI semiconductor solutions. Q1 AI revenue of $8.4 billion grew 106% year-over-year, above our forecast, driven by robust demand for custom AI accelerators and AI networking,” CEO Hock Tan said in a statement.Headquartered in Palo Alto, California, Broadcom is a major supplier of semiconductor components and infrastructure software solutions. The company develops artificial intelligence chips alongside a wide range of semiconductor products used in networking, wireless devices, servers, storage systems and broadband technologies. Its infrastructure software portfolio also serves markets including private cloud computing, cybersecurity and enterprise software.Broadcom competes with major chip designers such as Nvidia (NASDAQ:NVDA) and Qualcomm (NASDAQ:QCOM). In recent years, the company has become an increasingly credible alternative to Nvidia for hyperscale cloud operators such as Alphabet and Meta Platforms, which are adopting custom application-specific integrated circuits (ASICs) for their data centers.“The last four quarters for AVGO have seen ASICs move from a second source to a real competitive option for major customers – especially Google who has begun to sell externally as well,” Jefferies analyst Blayne Curtis said in an earnings preview note last week.Broadcom’s results arrive at a time when enthusiasm around the AI trade has recently cooled. Over the past several weeks, investor sentiment has shifted from the idea that AI would broadly lift the technology sector to a view that the technology will produce clear winners and losers. Industries such as software, enterprise services and even food delivery have been flagged as areas potentially facing major disruption from AI.AI heavyweight Nvidia last week also reported strong quarterly results and issued revenue guidance that topped expectations. Nevertheless, the report failed to fully calm investor concerns about the returns on AI investments and the scale of spending required to support the technology.“Broadcom and Nvidia have been unable to shake the overarching capex/macro fears, with NVDA down on a borderline perfect print,” Jefferies’ Curtis had noted.“We still fundamentally believe both Broadcom and Nvidia are poised for breakouts as valuations are too depressed. NVDA earnings suggest the print will not be that catalyst, but we continue to view AVGO and NVDA as the most certain AI winners in our space trading at basement bargain multiples,” he had added.

Original: Broadcom tops expectations, forecasts $10.7 bln in AI chip revenue; shares climb

US stock futures turn lower as oil price surge keeps Iran fears in play: Dow Jones, S&P, Nasdaq, Wall StreetMarch 5, 2026 6:05 AM
IH Market News
U.S. stock index futures moved lower late Wednesday after a sharp rise in oil prices reignited worries about the inflationary effects of the Iran conflict.Futures erased earlier gains and slipped into negative territory following a positive trading day on Wall Street, where strong economic data and reports suggesting Iran was open to further dialogue had briefly lifted risk sentiment.However, Tehran largely rejected claims that it had sought renewed talks with Washington, pushing oil prices sharply higher during the Asian session on Thursday. Brent and WTI futures jumped between 3% and 4%.S&P 500 Futures declined 0.16% to 6,869.50 points by 23:43 ET. Nasdaq 100 Futures dropped 0.16% to 25,085.75 points, while Dow Jones Futures fell 0.3% to 48,649.0 points.



Oil prices surge as Iran conflict rages on



Oil prices climbed steeply during Asian trading on Thursday after Iran launched a barrage of missiles at Israel, marking the sixth straight day of fighting in the Middle East.The attack occurred only hours after the U.S. Senate rejected a proposal intended to limit President Donald Trump’s authority to launch military strikes against Iran.Energy-driven inflation has been a major concern surrounding the Iran conflict, particularly after military activity in the Strait of Hormuz disrupted oil flows that supply a significant share of global markets, pushing commodity prices higher.These developments have heightened fears that a prolonged conflict could keep energy prices elevated, fueling inflation and prompting a more hawkish response from major central banks worldwide.Oil’s surge on Thursday also followed statements from Iranian officials denying they had approached Washington to discuss de-escalation.



Broadcom rises on strong AI-fueled outlook



Broadcom Inc. (NASDAQ:AVGO) jumped more than 5% in after-hours trading after reporting fiscal first-quarter results that exceeded expectations for both revenue and profit.The company also projected second-quarter revenue of $22 billion, above the $20.4 billion expected, with nearly half expected to come from sales of its advanced AI chips.Broadcom’s results reinforced confidence that the AI investment theme remains intact, particularly for semiconductor companies positioned to benefit from rapidly expanding demand.Rival NVIDIA Corporation (NASDAQ:NVDA) rose 0.3% in after-hours trading. The chipmaker’s CEO, Jensen Huang, said earlier Wednesday that AI-driven chip demand was “higher than very high.”Software company CrowdStrike Holdings Inc. (NASDAQ:CRWD) climbed more than 4% on Wednesday after reporting quarterly earnings that exceeded expectations, easing some concerns about AI-related disruption across the enterprise software sector.



Wall St aided by strong data



Wall Street indexes finished higher on Wednesday, partly supported by stronger-than-expected private payrolls data for February, which indicated continued expansion in the labor market.Separately, the purchasing managers’ index for the U.S. services sector published by Institute for Supply Management rose to its highest level in more than three years in February, pointing to solid domestic demand. Meanwhile, the Federal Reserve’s Beige Book indicated the central bank maintained a broadly positive outlook on the economy.The releases come ahead of Challenger job cuts data due Thursday and the closely watched nonfarm payrolls report scheduled for Friday, which investors will monitor for further signals on the path of interest rates.The S&P 500 gained 0.8% on Wednesday, the NASDAQ Composite advanced 1.3%, while the Dow Jones Industrial Average rose 0.5%.Broadcom stock priceNvidia stock priceCrowdstrike stock price

Original: US stock futures turn lower as oil price surge keeps Iran fears in play: Dow Jones, S&P, Nasdaq, Wall Street

TERMINAL DIVERGENCE: Tech Sector Risk Analysis and the Collapse of the "P/E Paradigm"
The current market capitalization of the technology sector (Growth Tech) is predicated on an unrealistic extrapolation of growth projections over the next 10 to 15 years. Under conditions of global de-globalization and the termination of the cheap-debt era, these valuation models are becoming statistically unsustainable.

1. The Illusion of Infinite Growth (The P/E Trap)
High Price-to-Earnings (P/E) ratios of tech giants assume a period of "perfect equilibrium" that has historically never lasted more than a decade. Purchasing equities with a P/E above 40, at a time when risk-free interest rates remain elevated and US national debt hits $40 Trillion, represents a mathematical hazard. Risk assessment algorithms (Value-at-Risk) are ignoring the fact that projected earnings in 2035 have zero discounted value in a world where resource supply chains are fracturing.

2. Geopolitical Discount and the "Hardware Wall"
The software and AI sectors are not isolated systems; they are derivatives of hardware and energy.

Physical Constraints: If access to Rare Earth Elements (Africa) and semiconductors (Taiwan/Asia) is compromised, all growth projections become void.

Energy Shock: AI and data centers are energy-intensive. In a scenario of energy crisis, the operational costs of tech firms will grow exponentially while the purchasing power of their client base collapses.

3. Margin Calls and the Liquidity Vacuum
A vast majority of tech positions are held through Margin Debt ($1.2 Trillion). When the inevitable mean reversion begins, execution algorithms—such as the Aladdin system—will trigger automated sell-offs to protect collateral. Given the extreme concentration of tech in major indices (S&P 500, Nasdaq), the fall of a single domino will trigger a cascading liquidation, where "the future" is sacrificed to cover debts in "the present."

4. Revaluation: The Return to Tangible Assets
Algorithms sensitive to Regime Shifts are already signaling a rotation from Intangible Assets (software, cloud, promises) to Tangible Assets (logistics, food, resources).

The Reality: Tech sells time and efficiency. In a systemic crisis, time ceases to be a luxury, and efficiency is replaced by the fundamental necessity of survival.

Legal and Economic Reality: Investing based on 10-year projections within an unstable geopolitical environment constitutes a breach of the principle of fiduciary responsibility. The market is facing a brutal mean reversion. The only valid metric will be real-time, tangible earnings—not speculative P/E multiples.

Earnings were a monster, but the stock’s acting like it wants the next catalyst. GTC + new inference talk could be the spark that resets the narrative.

Market Fragility and the Nvidia Concentration Effect

In the current market structure, a small group of mega-cap technology stocks exerts disproportionate influence on index performance. Among them, NVIDIA stands out as one of the most systemically relevant equities.

This concentration creates a structural paradox.

On one side, broader market breadth has shown signs of weakness at various intervals:
– selective sector underperformance
– increased volatility beneath the surface
– dependence on a narrow leadership group

On the other side, Nvidia continues to trade near elevated levels, supported by strong earnings momentum and the AI infrastructure narrative.

This divergence raises an important structural question:

Is index stability increasingly dependent on a handful of companies?

In today’s passive investment environment, large index-weighted stocks attract automatic capital flows. As long as inflows continue into ETFs tracking major indices, the largest constituents mechanically receive incremental demand. This is not coordinated action — it is structural design.

Additionally, derivatives markets can amplify stability during uptrends. Options hedging dynamics and institutional positioning may reduce short-term volatility, particularly in high-liquidity names.

However, structural support is not the same as permanent insulation.

If earnings expectations remain strong, elevated pricing can be sustained. But if growth assumptions are revised downward — whether due to capex normalization, inventory adjustments, or demand concentration risk — the same structural forces can accelerate downside.

The key systemic risk is not “manipulation.”
It is concentration.

When a single company carries significant index weight and sentiment influence, its performance becomes psychologically and mechanically intertwined with broader market stability.

History shows that narrow leadership phases often precede periods of rotation or repricing. The timing is uncertain. The mechanism is not conspiratorial — it is cyclical.

Investors should therefore monitor:

– Revenue concentration among hyperscale customers
– Sustainability of AI-driven capital expenditure
– Margin durability at scale
– Index breadth and sector participation

Markets do not require coordinated intervention to appear resilient.
Sometimes structure alone explains what looks extraordinary.

The real question is not whether stability is artificial — but whether it is durable.

NVIDIA Blackwell Ultra vs. AMD CPUs: Why the AI Bottleneck is Shifting



Weekly Chart
https://schrts.co/bRtZYyMi

Lumentum and Coherent shares jump after Nvidia commits $2 billion investments in advanced opticsMarch 2, 2026 10:13 AM
IH Market News
Shares of Lumentum (NASDAQ:LITE) and Coherent (NYSE:COHR) surged in premarket trading after artificial intelligence leader Nvidia (NASDAQ:NVDA) announced plans to invest $2 billion in each company to accelerate development of next-generation optical technologies.Under the agreements, Nvidia will also make purchase commitments for the companies’ products, which are designed to improve data transfer speed and efficiency inside data centers. The capital injection is expected to support both research and development efforts as well as expanded manufacturing capacity.Bloomberg Intelligence technology analyst Jake Silverman said the collaboration “positions Lumentum to remain a key supplier for ultra high-powered lasers for co-packaged optics (CPO)” and noted that, for Coherent, the deal “points to a sustained position across multiple products as Nvidia expands its optical transceiver and co-packed optics (CPO) businesses.”Both companies specialize in optical communication technologies that use light instead of electrical signals to transmit data. Their co-packaged optics solutions integrate optical components directly into chip packages, enabling faster data movement while generating less heat compared with traditional copper-based connections.Silverman added that Nvidia’s purchase commitments help reduce execution risk tied to expansion plans at both firms. The agreements are nonexclusive, allowing Lumentum and Coherent to continue supplying optical solutions to other customers.Optical communications company POET Technologies also gained momentum following the announcement, rebounding in premarket trading after earlier weakness.

Original: Lumentum and Coherent shares jump after Nvidia commits $2 billion investments in advanced optics

The alliance is growing since the original announcement with Nokia at CES

NVIDIA and Global Telecom Leaders Commit to Build 6G on Open and Secure AI-Native Platforms

https://nvidianews.nvidia.com/news/nvidia-and-global-telecom-leaders-commit-to-build-6g-on-open-and-secure-ai-native-platforms

NVIDIA today announced a commitment — together with Booz Allen, BT Group, Cisco, Deutsche Telekom, Ericsson, MITRE, Nokia, OCUDU Ecosystem Foundation, ODC, SK Telecom, SoftBank Corp. and T-Mobile — to build the world’s next generation of wireless networks on AI-native, open, secure and trustworthy platforms.

The initiative represents a shared commitment to ensure 6G infrastructure — the foundation for the world’s future connectivity — is open, intelligent, resilient and accelerates innovation and safeguards global trust.

Beyond traditional connectivity, 6G wireless networks will become the fabric for physical AI, enabling billions of autonomous machines, vehicles, sensors and robots and significantly increasing demands for security and trust. Legacy wireless architectures were not designed to meet these requirements, creating challenges as networks increase in complexity.

To address this, NVIDIA is bringing the industry together to advance AI-native, software-defined wireless platforms built on open and trusted principles. By embedding AI across the radio access network (RAN), edge and core, 6G networks must enable secure integrated sensing and communications, intelligence and decision-making while supporting interoperability, supply-chain resilience and faster innovation.

What the article fails to mention is in March 2000 Cisco’s P/E ratio was 190. Today Nvdia’s is under 20.
Big difference !!

NVDA, touched the 200 sma again

Forward PE: 16

Michael Burry Unveils ‘Short Thought’ on Nvidia, Flags NVDA Risk Reminiscent of Cisco in 2000 Before 90% Collapse

Controversial short-seller Michael Burry says Nvidia (NVDA) is taking one big risk that’s not showing up in the headlines.

In his new post on Substack dubbed Short Thought: Nvidia Ratchets Up the Risk, Burry says the chipmaker’s February 2026 Form 10-K shows that it has accumulated purchase obligations to the tune of $95.2 billion, up from just $16.1 billion in 2025.

Read the rest of the story here: https://www.capitalaidaily.com/michael-burry-unveils-short-thought-on-nvidia-flags-nvda-risk-reminiscent-of-cisco-in-2000-before-90-collapse/

OpenAI clinches $840 billion valuation with mega funding from Amazon, Nvidia, SoftBank

Reuters 2026-02-27T08:35:00-05:00


Feb 27 (Reuters) - OpenAI's latest funding round valued the ChatGPT maker at $840 billion as Big Tech and Masayoshi Son's SoftBank piled into the $110 billion blockbuster round, signaling the AI investment race is alive and well despite recent fears of a valuation bubble.

The funding round - one of the largest private capital raises on record - with various strings and conditions attached that come in phases, includes a $30 billion investment from SoftBank, $30 billion from Nvidia, and $50 billion from Amazon (AMZN.NaE).

It comes ahead of the AI startup's expected mega-IPO this year to meet the ChatGPT maker's surging compute and R&D costs.

More investors are expected to join the round as it progresses, OpenAI said in a statement on Friday.

FUNDING BOOST AMID COMPETITION

With the latest injection, SoftBank's investment in OpenAI is set to be $64.6 billion, representing an ownership interest of about 13%, the Japanese conglomerate said. The investment will come in three phases throughout this year, with the first tranche of $10 billion expected to close by April 1.

As a result of the investment, SoftBank will gain preferred shares that will be converted into common shares of OpenAI upon an IPO.

SoftBank said the $30 billion is expected to be financed initially through bridge loans and capital raise from major financial institutions. The Japanese investment giant has sold stakes in its existing investments, including Nvidia, in order to fund its check into OpenAI.

The infusion will help OpenAI secure advanced AI chips and the computing capacity it needs to maintain its lead position in the AI industry, especially as competition heats up from Anthropic and Alphabet's Google.

It also exacerbates Wall Street concerns about "circular" financing agreements, where firms invest in and sign supply deals with each other, inflating demand and revenue.

After years of outsized gains, tech stocks have suffered sharp declines in 2026 as investors question whether AI investments will generate sufficient returns to justify lofty valuations.

Nvidia was punished by shareholders this week after the chipmaker said it would pour money into the AI ecosystem, instead of returning cash to shareholders. Nvidia's investment in OpenAI gives the chip company a financial stake in one of its largest customers, tightening their already intertwined relationship.

OpenAI said on Friday it would use Nvidia's latest Rubin systems, representing five gigawatts of computing capacity - enough energy to power millions of U.S. households.

It was not immediately clear whether Nvidia's $30 billion investment replaced its earlier commitment announced in September under which Nvidia was set to invest up to $100 billion in the startup.

OpenAI and Nvidia did not immediately respond to Reuters' requests for clarification.

AMAZON PARTNERSHIP

The new investment is crucial for OpenAI.

The launch of Google's Gemini 3 in November has given the Alphabet-owned company a stronger footing, while Anthropic has cemented its lead in the enterprise AI market with its specialized coding tool.

OpenAI, which is yet to turn a profit, is targeting roughly $600 billion in total compute spend through 2030, a source told Reuters last week.

Along with the $50 billion investment, OpenAI and Amazon (AMZN.NaE) have also struck a deal in which OpenAI will utilize two gigawatts of computing capacity powered by Amazon's (AMZN.NaE) in-house Trainium AI chips.

The companies are also expanding their $38 billion cloud deal signed last year, with OpenAI saying it would spend an additional $100 billion on Amazon Web Services over the next eight years. As well, OpenAI will work with Amazon (AMZN.NaE) to develop customized models for the e-commerce company's engineering teams.

Amazon (AMZN.NaE) will start with an initial $15 billion investment, followed by another $35 billion in the coming months when certain conditions are met, the companies said.

AWS will be the exclusive third-party cloud provider for OpenAI Frontier, the ChatGPT maker's enterprise platform for building and running AI agents.

Microsoft, in a joint statement with OpenAI, sought to outline the limits to the work that Amazon (AMZN.NaE) and OpenAI can undertake together without involving Azure, Microsoft's cloud unit.

The partnership does not change OpenAI's relationship with Microsoft, with Microsoft Azure still the exclusive cloud provider for OpenAI's APIs that provide access to OpenAI's models, the companies said. OpenAI's first-party products, including Frontier, will continue to be hosted on Azure.

ChatGPT serves more than 900 million weekly active users, OpenAI said on Friday, adding that it has surpassed 50 million consumer subscribers. January and February are on track to become the largest months for new subscriber additions, it said

Global markets are currently built on one dominant assumption: that structural artificial intelligence growth will justify elevated technology valuations. However, markets rarely decline because growth disappears. They decline when risk premiums return to pricing.

At this moment, multiple independent yet interconnected risk vectors are forming simultaneously.

Escalating tensions between Afghanistan and Pakistan are not merely a regional issue. Pakistan is central to China’s strategic infrastructure and logistics corridors toward the Arabian Sea. Any serious destabilization of this region implies higher capital costs, increased insurance premiums, and rising political risk for Chinese projects, and indirectly for global supply chains in which China plays a pivotal role.

If this situation were compounded by a serious escalation involving Iran, the transmission mechanism would be swift and unforgiving: a spike in oil prices, rising inflation expectations, widening credit spreads, and multiple compression across equity markets. In a highly leveraged global system, even a temporary energy shock can generate disproportionate effects on valuations.

European and American corporations with production exposure in China find themselves positioned between geopolitical blocs. The ongoing process of “de-risking” already implies higher operational complexity, regulatory exposure, and structurally rising costs. Margins tend to compress quietly before markets react visibly.

At the center of this dynamic stands Nvidia and the broader AI complex. Nvidia is not a weak company. On the contrary. But it is a company priced for near-perfect execution. Current valuations assume continued hyperscaler capital expenditure, sustained capacity tightness, and an uninterrupted geopolitical framework.

The risk lies in concentration. A small number of hyperscale customers account for a significant share of demand. Any slowdown in the investment cycle or additional regulatory constraints could trigger multiple compression even without an earnings decline. In high-valuation equities, a shift in expectations often has a greater impact than a deterioration in fundamentals.

The primary systemic risk is not a single event, but convergence: regional instability, potential energy shocks, fragmentation of global trade, elevated real yields, and extreme positioning in AI equities.

When multiple stressors align, volatility regimes shift. Large capital does not wait for confirmation. It rebalances on probability.

This is not a prediction of collapse. It is a recognition that valuations are elevated, risk premiums are compressed, and geopolitical uncertainty is expanding. In such an environment, even a modest shift in risk perception can trigger significant repricing, particularly in high-multiple technology equities.

In times like these, prudence is not pessimism.
It is capital discipline.

So, how far down do you think this is going to go now? Glad the Q4 was another blowout..... otherwise, this would be down to, oh, $90, or maybe $9 for that matter??!!

I sold recently Made some $
Thats all that counts 
Check out netflix now 

Why Rare Earth Magnets Are the Real Battlefield Between the U.S. and ChinaFebruary 27, 2026 9:50 AM
PR Newswire (US)

OilPrice.com Market CommentaryNEW YORK, Feb. 27, 2026 /PRNewswire/ -- The struggle for geopolitical supremacy is rapidly becoming a struggle over one critical resource - rare earth magnets.  They will determine whether the United States can build military equipment at scale, whether weapons can be replaced as fast as they are used, and whether industry can keep pace with demand across an economy measured in the tens of trillions of dollars.  Companies mentioned in this release include: REalloys Inc. (ALOY), Microsoft (NASDAQ: MSFT), NVIDIA (NASDAQ: NVDA), Alphabet (NASDAQ: GOOGL), Tesla, Inc. (NASDAQ: TSLA), General Motors Company (NYSE: GM).For the United States, winning this strategic competition hinges on a single, difficult capability: the domestic production of magnet materials at scale. While many other Western firms are very early in the exploration stage or 'paper' phase of developing processing capabilities, one company is already operational and processing metals.Based in Euclid, Ohio, REalloys (ALOY) operates North America's only facility that has converted heavy rare earths into the high-performance metals and alloys required for defense systems. By bridging the gap between raw oxides and finished magnets, they have moved beyond the industry's theoretical roadmaps to provide a functioning supply chain that feeds American factories and weapons programs today.The company has non-binding agreements in place for long-term feedstock from North America, Kazakhstan, Greenland, and Brazil and processes it directly in the United States, eliminating offshore detours. It is already supplying qualified metals and alloys under U.S. Department of Defense contracts as sourcing rules tighten toward fully domestic material.What the DoD Needs UrgentlyThe U.S. military is working with REalloys for rare earth metals and alloys for use  in active programs. The company produces defense-grade metal and alloy domestically, to specifications already embedded in program supply chains. As sourcing rules change in 2027 and Chinese material becomes ineligible, that same material remains compliant without modification. No other North American supplier currently produces the same class of qualified heavy rare earth metals and alloys. And in our opinion it is unlikely they will have the capabilities to do so at scale for at least another 3 years.Heavy rare earths keep modern missile and aerospace systems operating under extreme conditions. Dysprosium and terbium are added to magnet alloys to preserve magnetic strength when temperatures rise or when vibration intensifies.That makes heavy rare earths absolutely vital to things like precision-guided missiles and missile-defense interceptors. Dysprosium and terbium are non-negotiable inputs for these weapons systems.Where REalloys Ranks in the Magnet WarStrip away the rhetoric, and the U.S. rare earth landscape collapses fast. Most companies are still upstream, with mines, oxides, separation pilots, and PowerPoint roadmaps. REalloys is firmly downstream, where supply chains either function or fail.They have an executed commercial processing and long-term offtake agreement with the Saskatchewan Research Council (SRC) tied to SRC's Rare Earth Processing Facility in Saskatoon. Under that agreement, REalloys (ALOY) secures 80% of annual production from the upgraded capacity, with supply structured on a cost-plus model. Heavy rare earth production from the upgraded facility is expected to begin in early 2027, positioning REalloys as the only commercial-scale supplier of dysprosium and terbium oxides in North America.They are also committing approximately US$21 million to expand the facility to lift heavy rare earth processing capacity by about 300% and increasing light rare earth (NdPr) capacity by 50%. The design output is up to 30 tonnes of dysprosium oxide, 15 tonnes of terbium oxide, and 400 tonnes per year of high-purity NdPr metal, with NdPr increasing to 600 tonnes per year after the expansion is complete, with first production slated for early next year.LOI's are in place for feedstock from  Kazakhstan, Brazil, and Greenland.In Kazakhstan, they have secured a non-binding long-term offtake agreement with AltynGroup for rare-earth feedstock containing both light and heavy rare-earth elements, including dysprosium and terbium.That raw material will feed directly into REalloys' U.S. metals and alloy production rather than being routed offshore. In Brazil, the company has signed an offtake memorandum with St George Mining that outlines access to up to 40% of rare earth production from the country's Araxá project, subject to definitive agreements.In Greenland, they have a 10-year offtake arrangement (at LOI stage) under which it expects to supply REalloys up to 15% of annual production from the Tanbreez project's rare earth concentrate.The final destination is the Department of Defense. Their Euclid, Ohio facility is designed to separate rare earth oxides which are reduced into metal under controlled atmospheres and alloyed into magnet-grade compositions. Both light and heavy rare earths, including dysprosium and terbium, will be processed at this facility within the same metallurgical workflow. Output is produced as pre-alloyed metal, with chemistry set upstream and held to tight tolerances required for qualified magnet production. This places Euclid between separation and magnet manufacturing, at the point where rare earths become usable inputs rather than intermediates.The material is bought through ordinary commercial supply relationships and moves directly into magnets and components supplied to the DoD.America Rebuilds Under Strategic ThreatFor the first time in decades, the United States is rebuilding a rare-earth supply chain under active Chinese pressure.It is doing so under deliberate Chinese pressure on the processed materials that keep weapons programs and factories running.Almost no one outside China can reliably turn rare earth oxides into finished metal on an industrial scale.That step turning rare earth oxides into usable metals is where most Western supply chains quietly gave up decades ago.The Center for Strategic and International Studies (CSIS) identifies rare-earth metallization and alloying as the least developed and most difficult capability to rebuild outside China. In its work on supply-chain resilience, CSIS describes metal and alloy production as an experience-driven bottleneck–one that cannot be recreated quickly, even with funding in place.The CSIS makes this clear: rare-earth metallization is learned over long operating histories, not built on a schedule. Reaching stable, magnet-grade output can take many years and, in some cases, decades. Mines can be built, but metallization cannot be rushed.While most Western efforts stop at oxides or pilot separation, Realloys (ALOY) is operating at the conversion step CSIS identifies as the hardest to rebuild. At Euclid, oxide becomes metal, metal becomes alloy, and chemistry is held inside specifications already accepted downstream. That work is happening now, inside an operating U.S. facility.They operate at the conversion layer CSIS identifies as the hardest capability to rebuild outside China. The separated rare earth oxides reduced into metal and alloyed to magnet-grade specifications at Euclid will be used downstream. The process runs under controlled atmospheres, with chemistry set upstream and held within tight tolerances across repeated production runs.That capability is rare because the U.S. abandoned it decades ago and it can't be rebuilt quickly. It requires operating history, not construction schedules. It exists here, inside an operating U.S. facility, feeding magnet and defense supply chains with usable material rather than intermediates.This capability sets the limits of the rebuild, and of U.S. industrial and defense capacity.Here are other companies that are reliant on heavy rare earth elements and why they are so important to their businesses:

Microsoft (NASDAQ: MSFT) has become a pivotal architect of the "Circular Rare Earth Economy," shifting its strategy from simple procurement to large-scale urban mining. In early 2025, Microsoft achieved a major breakthrough by launching a commercial-scale Rare Earth Material Capture Program in collaboration with Western Digital. By decommissioning and shredding approximately 50,000 pounds of end-of-life hard disk drives (HDDs) from its global data centers, Microsoft demonstrated an acid-free, environmentally friendly process that recovers over 90% of the neodymium and praseodymium (NdPr) used in high-performance magnets.Beyond recycling, Microsoft is a major backer of AI-driven mineral discovery through KoBold Metals, an exploration firm co-founded with Bill Gates. By 2026, Microsoft has integrated its Azure high-performance computing (HPC) power with KoBold's "Machine Prospector" to identify "Tier 1" critical mineral deposits in regions previously thought to be exhausted, such as Western Australia and Sub-Saharan Africa.NVIDIA (NASDAQ: NVDA) is the "technological engine" powering the modernization of the rare earth industry, moving from supplying GPUs to creating the "AI Factory" for mining. At CES 2026, NVIDIA and Caterpillar (CAT) announced an expanded collaboration to deploy "Physical AI" across mining sites globally. By integrating the NVIDIA Jetson Thor platform into autonomous mining fleets, NVIDIA has enabled machines to process billions of data points in milliseconds, allowing for high-precision extraction in complex environments.Crucially, NVIDIA has pioneered the use of Digital Twins for rare earth refineries through its Omniverse platform. In 2026, facilities like the Saskatchewan Research Council (SRC) and MP Materials utilize NVIDIA's OpenUSD-based simulations to model the chemical behavior of rare earth separation at a molecular level. This "Simulation-First" approach allows engineers to optimize the proprietary solvent extraction (SX) cells, the most guarded and difficult step of rare earth processing, without wasting expensive chemical reagents.Alphabet (NASDAQ: GOOGL), through DeepMind and Google Cloud, has positioned itself as the "automated chemist" of the rare earth industry. In early 2026, Google DeepMind unveiled GNoME 3.0 (Graph Networks for Materials Exploration), an AI model that predicted over 2 million new crystalline structures, many of which are specifically designed to be high-performance, rare-earth-free permanent magnets. By simulating new material combinations that mimic the magnetic properties of neodymium but use more abundant elements like iron and nitrogen, Google is working to "engineer out" the vulnerability of the rare earth supply chain entirely.In the immediate term, Google Cloud is the data backbone for the Saskatchewan Research Council's (SRC) AI-powered separation facility. Google's Vertex AI models are the brains behind the facility's "micro-adjustment" sensors, which coordinate the flow of thousands of chemical tanks to separate the 17 chemically identical rare earth elements.Tesla, Inc. (NASDAQ: TSLA) remains one of the most influential industrial demand drivers for critical minerals and magnetic materials globally. Although its core business is electric vehicles and energy storage, Tesla's design choices in traction motors, battery chemistry, and material sourcing have profound implications for rare earths, nickel, lithium, and cobalt markets. Major EVs typically incorporate neodymium-praseodymium magnets in their motors, and even as Tesla explores designs with reduced rare earth content, the underlying demand for high-performance permanent magnets and advanced battery metals continues to shape supplier strategy.Tesla's high-volume manufacturing footprint, global supply agreements, and influence on EV battery chemistries make it a bellwether for critical mineral demand trends, particularly in North America and Europe, where domestic supply diversification remains a strategic priority.General Motors Company (NYSE: GM)
General Motors has expanded its upstream exposure as access to battery raw materials increasingly dictates EV scaling timelines. The automaker continues to secure direct stakes and long-term contracts across the lithium, nickel, and cobalt value chains to underpin its Ultium platform.Its investment in Lithium Americas' Thacker Pass project provides priority access to Phase 1 lithium supply, supporting full U.S. tax credit eligibility under current IRA guidelines. GM has also expanded nickel and cobalt supply arrangements with global miners to diversify sourcing.Downstream integration continues through cathode joint ventures in North America and battery recycling partnerships designed to recover high percentages of lithium, nickel, and cobalt from scrap and end-of-life packs, reducing long-term primary material exposure.By. Josh OwensFORWARD LOOKING STATEMENTS
This publication contains forward-looking statements, including statements regarding expected continual growth of the featured companies and/or industry. The Publisher notes that statements contained herein that look forward in time, which include everything other than historical information, involve risks and uncertainties that may affect the companies' actual results of operations. Factors that could cause actual results to differ include, but are not limited to, changing governmental laws and policies concerning, among other things, recreational and medical cannabis sales, success of the company's proprietary technology, the size and growth of the market for the company's products and services, the company's ability to fund its capital requirements in the near term and long term, pricing pressures, etc.IMPORTANT NOTICE AND DISCLAIMER
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View original content:https://www.prnewswire.com/news-releases/why-rare-earth-magnets-are-the-real-battlefield-between-the-us-and-china-302699666.htmlSOURCE OilPrice.com

Original: Why Rare Earth Magnets Are the Real Battlefield Between the U.S. and China

Futures Signal Steep Losses at Wall Street Open: Dow Jones, S&P, NasdaqFebruary 27, 2026 9:19 AM
IH Market News
U.S. stock futures pointed to a sharply lower start on Friday, suggesting equities may extend the decline recorded in the previous trading session.Futures moved further into negative territory following the release of new inflation data showing U.S. producer prices rose more than economists had anticipated in January.According to the Labor Department, the producer price index for final demand increased by 0.5% in January after a downwardly revised 0.4% gain in December.Economists had forecast a 0.3% rise, compared with the initially reported 0.5% increase for the prior month.The report also showed annual producer price inflation easing slightly to 2.9% in January from 3.0% in December, while economists had expected a slowdown to 2.8%.Ongoing concerns about job losses and workplace disruption linked to artificial intelligence may also weigh on sentiment after Block (NYSE:XYZ) announced plans to reduce its workforce by nearly half.Block CFO Amrita Ahuja said the company sees an “opportunity to move faster with smaller, highly talented teams using AI to automate more work.”After posting strong gains over the previous two sessions, stocks retreated on Thursday. The technology-heavy Nasdaq recorded notable losses, although the Dow Jones Industrial Average managed to finish slightly higher.The Nasdaq recovered somewhat from early-session lows but still fell 273.69 points, or 1.2%, to close at 22,878.38. The S&P 500 declined 37.27 points, or 0.5%, to 6,908.86, while the narrower Dow edged up 17.05 points — less than 0.1% — to 49,499.20.The downturn on Wall Street was partly driven by a negative reaction to earnings from Nvidia (NASDAQ:NVDA), with shares of the artificial intelligence chipmaker dropping 5.5%.Nvidia stock retreated from its highest closing level in more than three months despite reporting stronger-than-expected fiscal fourth-quarter results and issuing upbeat guidance.“It says a lot when a stock market darling beating revenue forecasts by billions of dollars can no longer muster a positive share price reaction,” said Dan Coatsworth, head of markets at AJ Bell. “The mood music is changing on Nvidia, and it represents a significant shift in investor sentiment.”He added, “The focus has now shifted to growing competition, concerns about excessive levels of investment across the AI space either being unsustainable or unnecessary, and whether the party will end in tears.”Nvidia’s decline helped pull the broader semiconductor sector lower, reflected in a 3.2% drop in the Philadelphia Semiconductor Index, which had closed at a record high in the previous session.Networking stocks also moved notably lower, contributing further to weakness in the tech-heavy Nasdaq.Outside the technology sector, gold mining stocks rallied despite a decline in bullion prices, pushing the NYSE Arca Gold Bugs Index up 2.9% to a record closing high.Airline shares also posted strong gains, lifting the NYSE Arca Airline Index by 2.3%.The Dow’s modest advance was partly supported by a sharp rise in Salesforce (NYSE:CRM), whose shares jumped 4.0% after the company reported better-than-expected fourth-quarter results.On the economic front, separate Labor Department data showed a modest increase in first-time unemployment claims in the week ended February 21.Initial jobless claims rose to 212,000, up 4,000 from the prior week’s revised level of 208,000.Economists had expected claims to increase to 215,000 from the originally reported 206,000 in the previous week.Block stock priceNvidia stock priceSalesforce stock price

Original: Futures Signal Steep Losses at Wall Street Open: Dow Jones, S&P, Nasdaq

Nvidia: Strong Growth, Rising Asymmetry of Risk

NVIDIA Corporation continues to report impressive quarterly revenue growth and elevated gross margins. Operational performance remains strong, and the AI investment cycle is still the dominant driver of market optimism.

However, the structure of that growth carries concentrated risk.

A significant portion of revenue is tied to a small number of customers. Such dependency increases sensitivity to changes in investment pacing among a few hyperscalers. During expansion phases, this appears stable. During normalization, volatility can emerge quickly.

At the same time, rising inventory levels and large supply commitments increase operating leverage. If order momentum slows, pressure typically first appears in margins and working capital before it shows up in headline revenue.

The core risk is not the accuracy of reported numbers, but the magnitude of expectations embedded in the stock price. When markets discount sustained high growth, even moderate deceleration can trigger multiple compression.

Investors often overlook that cyclical peaks look strongest just before normalization begins. In such environments, no scandal is required — a slowdown in momentum is sufficient.

The current signal is not an accounting issue, but an asymmetry between elevated expectations and a macro backdrop defined by high global debt and softening demand.

In this context, downside risk stems from mathematics, not narrative.

Paramount Poised to Win Warner Deal as Block Jumps — Key Market Movers: Dow Jones, S&P, Nasdaq, Wall Street FuturesFebruary 27, 2026 5:21 AM
IH Market News
U.S. stock index futures moved slightly lower on Friday as investors weighed fresh earnings from major technology companies and reassessed sentiment around artificial intelligence-driven trades. Paramount Skydance (NASDAQ:PSKY) appears set to prevail in the takeover contest for Warner Bros. Discovery (NASDAQ:WBD) after Netflix (NASDAQ:NFLX) withdrew its competing offer, while AI firm Anthropic entered a dispute with the Pentagon. Meanwhile, Jack Dorsey’s Block (NYSE:XYZ) surged after announcing large-scale job cuts, and oil prices edged higher.



Futures drift lower



U.S. equity futures pointed to a softer finish to the week as markets digested a wave of influential technology earnings.As of 02:59 ET (07:59 GMT), Dow futures were down 205 points, or 0.4%, S&P 500 futures slipped 13 points, or 0.2%, and Nasdaq 100 futures traded broadly flat.Wall Street closed mixed on Thursday, with investors focused on results from artificial intelligence heavyweight Nvidia (NASDAQ:NVDA) and cloud software provider Salesforce (NYSE:CRM).Although Nvidia delivered quarterly earnings above expectations, investors remained cautious amid growing competition, questions about the durability of strong demand, and uncertainty over when meaningful returns will materialize. Shares of Nvidia — a major index component — fell more than 5%.Salesforce shares advanced despite issuing a weaker-than-anticipated annual revenue outlook. Analysts at Vital Knowledge described the results as “no worse than feared.”The session also saw what analysts called a “violent rotation” within technology stocks, as capital shifted away from hardware-oriented names such as semiconductors and data center infrastructure toward software and data-focused companies.According to analysts, “small red flags” from Nvidia alongside relief over results from Salesforce and peer Workday — combined with comments earlier this week from AI startup Anthropic about aiming to “compliment and augment, not kill” software companies — helped fuel the rotation.



Paramount leads Warner bidding battle



Paramount Skydance has emerged as the likely victor in the prolonged takeover struggle for Warner Bros. Discovery after Netflix unexpectedly stepped away from negotiations.Netflix executives — whose shares rose in after-hours trading following the announcement — said the deal was “always a ’nice to have’ at the right price,” but “not a ’must have’ at any price.” While Netflix has the financial capacity to pursue acquisitions, some investors had questioned the strategic logic of buying a traditional media company.Warner Bros.’ board determined Paramount’s $31-per-share all-cash proposal represented a superior offer, prompting Netflix to reconsider its position. After receiving four days to respond, Netflix opted not to match the bid and abandoned its $27.75-per-share proposal covering Warner Bros.’ studios and HBO Max.The development positions Paramount — controlled by David Ellison, son of technology billionaire Larry Ellison — to build a larger entertainment group incorporating franchises such as “Harry Potter” and “Game of Thrones.” If approved by regulators, the transaction would also give Paramount control of cable networks including CNN and TBS.Warner Bros. CEO David Zaslav said a Paramount transaction would “create tremendous value for our shareholders.” Paramount shares rose in extended trading, while Warner Bros. stock declined.



Anthropic clashes with Pentagon



Artificial intelligence company Anthropic said it would refuse Pentagon demands to remove safeguards embedded in its AI systems, creating tension between one of the sector’s leading startups and the U.S. government.The dispute centers on a Pentagon request to eliminate protections that prevent the technology from being used for domestic surveillance or autonomous weapons applications.The Defense Department has warned it could terminate its partnership with Anthropic and classify the firm as a “supply chain risk” if the company does not comply. Defense Secretary Pete Hegseth reportedly set a Friday deadline for Anthropic to allow the technology’s use in all lawful scenarios.Anthropic CEO Dario Amodei said he could not agree “in good conscience,” arguing that the military’s request would effectively dismantle the system’s safety guardrails.



Block shares surge



Shares of Block jumped more than 23% in after-hours trading after the payments firm announced plans to cut nearly half of its workforce as part of a strategy to integrate artificial intelligence more deeply across its operations.The reductions — expected to eliminate more than 4,000 positions — come as companies increasingly reshape staffing structures around AI adoption, raising broader concerns about employment impacts despite productivity gains.Block CEO Jack Dorsey said that “ntelligence tools have changed what it means to build and run a company,” adding “[w]e’re already seeing it internally” and “[a] significantly smaller team using the tools can do more and do it better[.]”Although the company anticipates up to $500 million in restructuring costs, analysts cited by Reuters suggested the sharp share price rise reflects expectations that leaner staffing could improve profitability margins.



Oil edges higher after U.S.–Iran talks



Oil prices moved modestly higher but remained on track for weekly declines after the United States and Iran agreed to continue negotiations over Tehran’s nuclear program, easing fears of supply disruptions.Brent crude futures gained 0.7% to $71.29 per barrel, while U.S. West Texas Intermediate futures rose 0.8% to $65.74 per barrel.For the week, Brent prices were largely unchanged, while WTI was set to fall roughly 1%, reversing part of the prior week’s advance.Talks between Washington and Tehran ended Thursday without a definitive agreement, but technical discussions are scheduled to resume next week in Vienna, Omani Foreign Minister Sayyid Badr Albusaidi said in a post on X following meetings in Geneva.Geopolitical tensions involving Iran have been a key driver of oil price movements throughout February, as the United States increased its military presence in the Middle East and warned of potential action if negotiations failed.Warner Brothers Discovery stock priceNetflix stock priceParamount Skydance stock priceBlock stock priceNvidia stock priceSalesforce stock price

Original: Paramount Poised to Win Warner Deal as Block Jumps — Key Market Movers: Dow Jones, S&P, Nasdaq, Wall Street Futures

Cramer said it was a “PROGRAM” that decimated hardware stocks today to buy software stocks. Cramer said it was like raising Lazarus.
https://stocks.apple.com/A9mAk_6EkSpeOoqnE0ctYZA

This has got to be one of those crazy moments when emotions rule the day. All signals point to strong demand, continued profits. All indications that point
to that $300.00 price target. Just like apple a few years back, nervous investors baling I'm adding to my position.

Stop pumping 

Good, up we go

Nasdaq Pulls Back Sharply As Nvidia Slumps But Dow Inches HigherFebruary 26, 2026 4:54 PM
IH Market News
After moving sharply higher over the two previous sessions, stocks gave back some ground during trading on Thursday. The tech-heavy Nasdaq showed a significant move to the downside, although the Dow managed to end the day slightly higher.The Nasdaq climbed well off its early lows but still slumped 273.69 points or 1.2 percent to 22,878.38. The S&P 500 also fell 37.27 points or 0.5 percent to 6,908.86, but the narrower Dow inched up 17.05 points or less than a tenth of a percent to 49,499.20.The pullback on Wall Street came amid a negative reaction to earnings news from Nvidia (NASDAQ:NVDA), with the artificial intelligence chipmaker tumbling by 5.5 percent.Shares of Nvidia pulled back off their best closing level in over three months even though the company reported better than expected fiscal fourth quarter results and provided upbeat guidance.“It says a lot when a stock market darling beating revenue forecasts by billions of dollars can no longer muster a positive share price reaction,” said Dan Coatsworth, head of markets at AJ Bell. “The mood music is changing on Nvidia, and it represents a significant shift in investor sentiment.”He added, “The focus has now shifted to growing competition, concerns about excessive levels of investment across the AI space either being unsustainable or unnecessary, and whether the party will end in tears.”Nvidia helped to lead the semiconductor sector lower, as reflected by the 3.2 percent plunge by the Philadelphia Semiconductor Index. The index ended the previous session at a record closing high.Networking stocks also showed a notable move to the downside, contributing to the slump by the tech-heavy Nasdaq.Outside the tech sector, gold stocks surged despite a decrease by the price of the precious metal, driving the NYSE Arca Gold Bugs Index up by 2.9 percent to a record closing highAirline stocks also saw significant strength on the day, resulting in a 2.3 percent jump by the NYSE Arca Airline Index.The uptick by the Dow partly reflected a sharp increase by shares of Salesforce (CRM), with the customer service software maker spiking by 4.0 percent after reporting better than expected fourth quarter results.On the U.S. economic front, a report released by the Labor Department showed a modest increase in first-time claims for U.S. unemployment benefits in the week ended February 21st.The Labor Department said initial jobless claims rose to 212,000, an increase of 4,000 from the previous week’s revised level of 208,000.Economists had expected jobless claims to climb to 215,000 from the 206,000 originally reported for the previous week.



Other Markets



In overseas trading, stock markets across the Asia-Pacific region turned in a mixed performance on Thursday. Hong Kong’s Hang Seng Index slumped by 1.4 percent, while Japan’s Nikkei 225 Index rose by 0.3 percent and South Korea’s Kospi spiked by 3.7 percent.Meanwhile, the major European markets all moved to the upside on the day. While the French CAC 40 Index advanced by 0.7 percent, the German DAX Index climbed by 0.5 percent and the U.K.’s FTSE 100 Index increased by 0.4 percent.In the bond market, treasuries moved higher, more than offsetting the weakness seen in the previous session. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, fell 3.1 basis points to a nearly three-month closing low of 4.017 percent.



Looking Ahead



Trading on Friday may be impacted by reaction to the Labor Department’s report on producer price inflation in the month of January.SOURCE: RTTNEWS

Original: Nasdaq Pulls Back Sharply As Nvidia Slumps But Dow Inches Higher

Double Bottom Breakdown on 26 Feb 2026. BLTA

Institutional Risk Memorandum
Structural Strength vs. Balance Sheet Sensitivities
NVIDIA Corporation
Executive Perspective

NVIDIA remains the dominant platform beneficiary of the global AI infrastructure cycle. Revenue growth, gross margins, and ecosystem depth confirm operational strength.

However, the FY2026 Form 10-K reveals several areas that warrant structural stress-testing by long-duration capital allocators.

These observations do not imply misconduct.
They highlight concentration, cyclicality, and valuation sensitivity within an exceptional growth phase.

1. Revenue and Receivables Concentration

One direct customer accounted for 22% of FY2026 revenue.

A second accounted for 14%.

Three direct customers represented 25%, 18%, and 13% of accounts receivable at year-end.

Strategic implication:
Revenue durability is partially dependent on concentrated hyperscaler CAPEX behavior. A moderation in a small number of enterprise budgets could materially affect growth velocity.

2. Export Restrictions and China Exposure

FY2026 included a $4.5B charge related to excess inventory and purchase obligations tied to export restrictions (H20 products).

Strategic implication:
Geopolitical policy risk is no longer theoretical; it directly impacts earnings and product strategy. Further regulatory expansion could affect both revenue access and margin structure.

3. Inventory Expansion and Purchase Commitments

Inventories increased to $21.4B (from ~$10B prior year).

Long-term inventory purchase and capacity obligations total $95.2B.

Strategic implication:
While securing supply in a supercycle, such obligations introduce downside convexity in a demand normalization scenario. Margin compression risk increases if deployment velocity slows.

4. Working Capital Intensity

Accounts receivable expanded significantly year-over-year.

Operating cash flow remains strong, but working capital consumption has increased meaningfully.

Strategic implication:
In hypergrowth phases, working capital expansion is common. However, sustained divergence between revenue growth and cash conversion would require monitoring.

5. Segment Concentration

Data Center revenue accounts for approximately 90% of total revenue.

Strategic implication:
AI infrastructure concentration strengthens positioning in the current cycle but reduces diversification if hyperscaler spending enters a digestion phase.

6. R&D and Infrastructure Investment Escalation

R&D expenses increased 43% year-over-year.

Compute and infrastructure costs grew materially.

Multi-year cloud service commitments total $27B.

Strategic implication:
Sustaining technological leadership requires elevated reinvestment. If revenue growth moderates, operating leverage assumptions may recalibrate.

7. Stock-Based Compensation and Dilution Dynamics

Stock-based compensation totaled $6.4B in FY2026.

Approximately 51M shares were withheld for tax obligations (~$7.9B value).

Strategic implication:
Equity-linked compensation remains significant and must be evaluated in long-term per-share return modeling.

8. Non-Marketable Equity Investments

Non-marketable equity securities increased to $22.3B (from ~$3.4B).

Strategic implication:
Private market exposure introduces valuation uncertainty and potential impairment risk during capital cycle contractions.

Strategic Conclusion

The AI thesis remains structurally intact.

However, the following asymmetry should be acknowledged:

Operational dominance can coexist with valuation vulnerability.

The principal risk is not collapse of demand, but:

concentration sensitivity

geopolitical friction

capital intensity normalization

and multiple compression if growth decelerates.

Strategic capital must evaluate whether current pricing adequately compensates for these variables.

Technological leadership is evident.
Durability of exceptional economics remains the key variable.

AI leadership, but stress-test the filings: where the numbers are sensitive

The AI capex cycle is real and NVIDIA Corporation remains a central beneficiary. But strategic capital does not underwrite narratives — it underwrites durable economics and cash-flow quality across cycles.

Several filing-based signals are worth monitoring. None imply fraud; they are standard “where to look” areas for potential optics, mix shifts, or aggressive assumptions.

1) Accounts receivable expansion: is cash conversion keeping pace?

In NVIDIA’s FY2026 10-K, accounts receivable, net increased to $38.466B from $23.065B the prior year.
That magnitude of growth warrants scrutiny of:

payment terms

customer concentration

and whether revenue growth is matched by collection quality

NVIDIA also discloses concentration: three direct customers represent 25%, 18% and 13% of A/R as of Jan 25, 2026.

2) Inventory and judgment-based reserves: demand assumptions matter

Inventories rose to $21.4B.
The 10-K highlights inventory valuation and excess purchase commitments as a critical audit matter, driven by management judgment about future demand and market conditions (including export restrictions).

3) Large non-cancellable supply/capacity obligations: downside convexity if demand normalizes

The FY2026 10-K reports $95.2B of “inventory purchase and long-term supply and capacity obligations.”
Reuters notes the company did not factor China revenue into its forecast and references export-control/licensing constraints (with limited approvals mentioned).

In a sustained boom this secures supply; in normalization it can pressure:

margins

inventory write-down risk

and the duration of any digestion cycle.

4) Non-GAAP presentation and SBC: a recurring institutional debate

Reuters reports NVIDIA will include stock-based compensation in its non-GAAP metrics.
This matters for long-duration holders because SBC is an economic cost (dilution) and changes in metric definitions can complicate longitudinal comparability.

Bottom line

These are not accusations — they are filing-supported checkpoints for strategic allocators to assess whether exceptional economics are translating into durable, high-quality cash flows, and whether valuation is adequately compensating for normalization risk.

AI Leadership and Valuation Reality: A Strategic Capital Perspective

The artificial intelligence cycle represents a structural transformation of global computing infrastructure. Capital expenditure across hyperscalers, enterprises, and sovereign entities confirms that accelerated computing is no longer experimental — it is foundational.

NVIDIA Corporation currently stands at the center of this transition, supported by technological leadership, ecosystem integration, and scale advantages.

The structural thesis remains intact.

However, capital markets do not price technology leadership alone. They price expectations.

Structural Demand vs. Market Expectations

AI-driven compute demand is real, measurable, and expanding.

Yet equity pricing increasingly reflects:

sustained high double-digit growth

preserved extraordinary gross margins

limited competitive erosion

stable geopolitical trade conditions

When valuation embeds multi-year dominance with minimal friction, even moderate normalization in growth can trigger disproportionate equity repricing.

This is not a challenge to the business model.
It is a recognition of valuation asymmetry.

Competitive Density Is Rising

Economic rents attract competition.

Hyperscalers are investing in proprietary silicon.

Alternative accelerators are scaling.

Sovereign semiconductor initiatives are intensifying.

Technological leadership can persist.
But pricing power and margin durability must be continuously defended.

Geopolitical and Macro Variables

Export controls, regional technology blocs, and strategic industrial policies introduce structural uncertainty.

Simultaneously, global liquidity conditions and enterprise capital discipline influence the slope — not necessarily the direction — of AI infrastructure deployment.

The trajectory may remain upward.
The pace may not remain exponential.

Strategic Allocation Consideration

For momentum-driven capital, volatility may be opportunity.

For strategic capital focused on durable compounding, the relevant question is different:

Does current valuation adequately compensate for:

execution risk

competitive normalization

policy friction

macroeconomic moderation

Technological primacy does not automatically equal equity durability.

The long-term AI transformation is credible.
The sustainability of valuation depends on the persistence of exceptional economics.

Strategic capital seeks asymmetric long-term return profiles —
not participation in narrative acceleration.

Agreed.

https://www.reuters.com/world/asia-pacific/nvidia-forecasts-first-quarter-sales-above-estimates-2026-02-25/

And there you have it. It appears they could have $2 Trillion profit in any given Quarter and the stock would still get dragged down. Manipulate much?

Thanks 4retire
Hoping to beat Dan Ives for sure. and agree with you on this:
.I’m not sure I’m excited about buying any more stocks

May just take the cash to pay off more of the mortgage but also loking for alternative markets - didn't mention my drone stocks which did good second half of 25.