NVDA

And finally, folks, we have Nvidia. How can we end the day without covering Nvidia news, especially after their announcement of a $150 billion share buyback program? That initially pushed the stock higher, and it closed the day up 1.68%, but note that I have an upward trend line that has effectively blocked all of Nvidia's attempts to rise so far.

cybersecurity stocks such as CrowdStrike and Palo Alto Networks rose based on the idea of “the need to defend against this,” while chip stocks declined.

So, Nvidia, Meta, and the big companies, will continue until a new headline about a rogue customer triggers another market scare.

Nvidia is 235 up over $5.

Um, then you have Nvidia, the king. We are responsibly optimistic. I love that. Responsibly optimistic. That's all you could be. You could be glass half full or glass half empty or you could be responsibly optimistic about the future.

There's bad actors everywhere. But anyway, Nvidia, look at this chart looking tight. Will this will this break above 233 234 236 above the 8 day? It held above the 8 day. It didn't get sloppy.

Nvidia's been so sloppy. And finally, you know, holding here above the 8 day. I'm not telling you you're going to be able to buy the world at 233 235 for a breakout. But I'm in options.

I'm in stock. It's been acting better since the buyback. You know, we've been actually adding a little cash flow cute size. you know, first four or five minutes, that's when the buyback starts.

It's not in the first five minutes. It usually gets a push be like, "What happened to Nvidia? There's news." I'm like, "No, it's just their buyback. They're allowed to execute a certain portion."

But anyway, it's looking really good, you know. So, uh, it would be nice. It'd be nice if this can get above and stay above and go. So, that's a focus.

If you are thinking of companies like Broadcom, Marvell, Qualcomm, Nvidia, AMD, and Apple, all of these companies rely on TSMC for at least some of their products.

The next stock I will highlight is Nvidia. Nvidia, of course, is the most prominent name in the artificial intelligence boom. The company that started it all with its own accelerated graphics processing units (GPUs), which enabled the optimization of large language models and created the possibilities we see today.

Anyway, Nvidia, that's it. Yes, I said, as you know, this resistance, the Green Line of resistance, was working very well. It is occasionally broken by the candle line . There is no sell signal.

The trend is still upward. Profits will continue to be amazing for this company. You just need to access 236 and hack it. I don't know when it will happen, but it will. Should I hedge here?

no. Should I buy here? no. Will I sell here? no. It's more like a neutral zone, but I think it will continue to rise for some time.

Today , I will talk about AMD, Broadcom, Amazon, Meta, and Nvidia.

Nvidia dominates this market, but companies like Microsoft, Meta and OpenAI don't necessarily want to rely on a single supplier for all their computing needs.

Nvidia has a well-established software system, huge customer relationships, and much larger revenues from artificial intelligence.

Nvidia's looks like it wants to I should let me phrase this let me phrase this correctly. Nvidia looks like it wants to break out.

A couple of things struck me about the recent trading and activity in uh Nvidia. So, I'm just going to narrate what I see here. This is a stock that had a massive runup in May when all of its customers, the hyperscalers were reporting not only earnings but forward guidance and their capex plans.

Nvidia has just made a very big move, and I'm not talking about another AI chip, I'm not talking about a deal with a huge cloud service provider, and I'm not talking about another data center announcement.

Nvidia has just announced an additional $150 billion share buyback program . But here's the part that I think is being overlooked.

Nvidia and AMD have just completely changed the artificial intelligence market . Nvidia has just announced a massive share buyback program. They have announced a new innovation in the security of AI agents , which is impressive given how quickly they are moving.

Nvidia is changing the entire market and that makes me very excited about what's happening. We see that the stock rose by about 1.7% during the day. In after-hours trading, the stock rose by approximately 0.25%.

First of all, Nvidia. There's big news about Nvidia today. They announced the largest share buyback in the history of the stock market, right?

Nvidia is launching the largest stock buyback in US history. $235 billion buyback. Just think, the share buyback that Nvidia just announced was equal to the market cap of the top 10 largest companies in the world when I first entered the stock market, right? It's really incredible, isn't it?

Nvidia is the second to fall into this good basket , I would argue, based on an analysis of the technical aspects. And again , it meets all the requirements, doesn't it? Higher highs and higher lows, although it has tended to move sideways more than anything else recently.

The moving average is definitely trending upwards as we can see, and the momentum is generally strong, although we haven't seen a great deal of extremely strong momentum.

They issued two statements today, one about the safety of artificial intelligence, and for investors, perhaps the most important was the board's announcement of a $150 billion share buyback agreement.

As the press release states, it is the largest in history, giving the board approximately $250 billion to repurchase shares currently. I think it's too small. I mean , look. They finally got rid of the one-cent-per-share dividend , which I also didn't understand.

But yes, the law of big numbers here seems out of context, and nothing seems big enough. Yes, 150 billion, boring.

Now we move on to Nvidia. We started the week at 223. The stock saw little change this week, closing at 225. Elon Musk plans to double Nvidia 's xAI Colossus 2 data center by the end of the year.

When we get to Microsoft, and when we get to SpaceX, we will talk about this in more detail, but it is clear that Elon Musk pledged at SpaceX’s last conference call that they will rely solely on Nvidia graphics processing units.

This is extremely important. If one cloud computing provider can get these data centers up and running faster than any other, I think that's the case with SpaceX. Well, this means that Nvidia will quickly reap huge profits.