No, I am not going to begin talking about what happened yesterday with ASML. Before we get there, we need to start from the 11th of October when this article (of course totally ignored by MSM and Social Media busy broadcasting the latest phenomenal predictions Jensen Huang was spitting out...| JustDario
3 months ago, in the article “CHEF’S TABLE: NVIDIA,” I already highlighted how Nvidia’s sophistication in cooking its books reached a remarkably high level. At that time, thanks to fresh disclosure in its report, not only did we manage to figure out the whole structure Nvidia, with the support of...| JustDario
NVIDIA’s cooking of its financial earnings has reached a level of beauty and sophistication that the company should be awarded 3 Michelin stars and be featured in an episode of the popular Netflix series Chef’s Table. Get comfortable because this episode is going to be one with many “Woah!” Singapore...| JustDario
Since last Thursday, a strange tension could be sensed on trading floors in Hong Kong and China, then on Friday, the $CNY suddenly sold off against the $USD. While the event has been greatly overlooked so far by investors, it might have been a pretty loud warning about the next...| JustDario
The first time I talked about CoreWeave was more than one year ago in “IS MAGNETAR CAPITAL BLOWING AIR INTO THE NVIDIA (PONZI) SCHEME SO THEY CAN BET ON ITS IMPLOSION?” when I described how the hedge fund Magnetar Capital’s investment in CoreWeave had many similarities with the strategy they...| JustDario
Between the end of September and the beginning of October 2023, the #MOAB (Mother of All Bubbles) house of cards was dangerously wobbling. In a great coup de theatre, Jerome Burns managed to pull a “FED ghost pivot” 🐇 out of his magic hat, which sent everyone on a #FOMO...| JustDario
As I write, NVIDIA is up 8.56% in After Hours trading after releasing their “monster” Q4-23 results. Compared to the Q3-23 report, there isn’t much change in all the red flags 🚩 I highlighted before [JustDario], but while I was comparing the two, my eye caught something strange. Before I...| JustDario
Yesterday, I posed this question: “WHAT IF NVIDIA SIMPLY TAGGED ALONG WITH A MICROSOFT AZURE SCAM PLAYBOOK?”. Twenty-four hours later, the company themselves replied to the question (I believe involuntarily), and the answer was “YES”. Please take a look at the part I highlighted from the #NVIDIA CFO commentary related...| JustDario
This year alone, the total CAPEX on AI infrastructure from Big Tech companies is expected to reach 330 billion $, with Microsoft accounting for more than one-third of it, as per the latest results and projections. Where is all this money going to be spent? To buy chips and build...| JustDario
First of all, I would like to praise The Information for its excellent work in doing proper journalism, something that nowadays is more unique than rare, sadly. Let’s start with the explosive article just published and that, of course, barely caught the attention of mainstream media that are being very...| JustDario
As I write, NVIDIA is the most valuable company in the world while a key component of its supply chain (to not always use the words “Ponzi scheme”) is on the verge of being delisted from the NASDAQ only a few months after being included in the S&P500 on March...| JustDario
This last week started with three clowns announcing a $500B “Stargate” project that they not only lacked funding for, but that structurally made no sense whatsoever. It ended with half of Silicon Valley in panic mode after suddenly waking up from their comfortable slumber to discover that their DeepSeek nightmare...| JustDario
As per the most recent estimates, Google Search accounts for ~90% of all online searches worldwide and ~27.7% of total digital advertising revenues, followed closely in second place by Meta with ~26.8%. The global advertising revenue market surpassed 1 trillion USD for the first time in 2024 (Global ad revenue...| JustDario
At the beginning of the year, something very interesting happened around SMCI that no one, including myself, paid attention to: despite the stock hitting an all-time high of $118.81 (post-split) on March 13th and falling hard to $75 in just a month, Wall Street analysts kept increasing their target prices...| JustDario
Have you noticed how more and more people are distancing themselves from S(c)am Altman? Microsoft’s CEO, who according to his own words “bet the farm on OpenAI”, is the latest high-profile figure showing signs of frustration towards OpenAI’s CEO, despite his best efforts to hide them. Who can blame him?...| JustDario
Dear readers and followers, considering all the material and inspiration provided lately by great corporate barons and myopic regulators, for fairness, I decided to write a brief guide on how to fabricate revenues so everyone can benefit from it, and not only the big corporations that can afford to pay...| JustDario
The dominoes are now falling with brutal efficiency. In one devastating week, the U.S. government severed Nvidia’s China revenue artery while TSMC plunged a 30% cost dagger into its margins. This isn’t coincidence – it’s causation. I have warned since 2024 that Nvidia’s “AI supremacy” was a carefully crafted mirage....| JustDario
Recent years have been characterized by an unusual spike in the number of companies listed on the public stock market that ended up filing for Chapter 11 shortly after. Notable cases include WeWork, Lordstown Motors, ELMS, Bird Global, Proterra, and Nikola. While some companies were simply bad businesses, others like...| JustDario
This year’s GTC 2025 confirmed what many observers already realized back in January after Jensen Huang’s presentation at CES 2025: the AI Narrative cultivated by Nvidia since 2021 doesn’t trigger the same excitement that it used to anymore. This narrative, based on the prospect of the nearly infinite potential of...| JustDario
The latest Nvidia 10-K is not only remarkable for the outstanding results the company achieved in the last fiscal year, a good chunk of which are very questionable as we discussed so many times (archive), but is also remarkable for the significant amount of risk disclosures and legal disclaimers included...| JustDario
As I was finishing up drafting this article, a “breaking news” pops up: “SoftBank to get first NVIDIA chips for Japan super computer”. How timely, right? SoftBank just released its quarterly financial statements that leave not much room for doubt: SoftBank group only has cash to stay in business for...| JustDario
From a fundamental perspective, no matter from which angle you look at it, NVIDIA should be nowhere near its current price for a number of reasons, most of which are shady, to say the least, we discussed so far: However, here we are with a 3 trillion-plus market cap stock...| JustDario
A very important event occurred on May 6th, 2022, that many NVIDIA investors are unaware of: “SEC Charges NVIDIA Corporation with Inadequate Disclosures about Impact of Cryptomining“ Let’s examine what Nvidia did, shall we? These words come directly from the SEC. As incredible as it sounds, Chief Kristina Littman stated:...| JustDario
If you think that Nvidia got where it is today because of its fundamental valuations, I am sorry but you might want to revise what “fundamental analysis” stands for. It’s no secret anymore that the company has been using borderline legal accounting shenanigans and commercial practices to report much higher...| JustDario
Everyone makes mistakes; that’s part of being human, and I make mistakes as well from time to time. The mistake I made this past week was overlooking the fact that SMCI fell into the “Large Accelerated Filers” category (wrong post here) concerning the mandatory reporting requirements the company has to...| JustDario
First of all, what is Magnetar Capital (MC)? It’s a hedge fund, no wait, it’s a private equity, no actually it’s a shadow bank, ehm, what the heck is MC? It’s a very interesting combination of the three categories I mentioned above and it has been working quite well for...| JustDario
I bet very few noticed this: while NVIDIA and fellow bubbly tech stocks are having quite a hard time, banks, especially large ones, are actually showing remarkable strength in the 3rd quarter of 2024. Shocking, isn’t it? Back in February when I wrote “WE HAVE NO ALTERNATIVE BUT TO RIDE...| JustDario
Another great quarter for Microsoft that beat Wall Street analysts’ expectations comfortably (what a surprise), but once again the tides turned when the management started to provide guidance on future growth that came short of what investors were expecting, sending the stock price negative almost 4% during after-hours trading. However,...| JustDario
To be completely honest, when I saw what happened today in the first minutes of trading in the Japanese stock market, my jaw dropped to the floor. I could not believe my eyes, literally. The outcome of Japan’s elections has been quite bad, with the government in charge effectively now...| JustDario
Newspapers have been cheering up the “deal” this week where Softbank managed Vision Fund successfully sold ARM 25% it owned to… Softbank. In September 2020, $NVDA agreed to buy the whole ARM from Softbank at a $40bn valuation paying in cash and shares (NVIDIA), but it preferred to lose $1.25bn…| JustDario
3 months ago in “NVIDIA, ITS RECYCLED “#AI REVOLUTION” AND THE DARK SIDE OF IT KEPT AWAY FROM THE PUBLIC”, we already saw how the “#AI Revolution” was a PR campaign #NVIDIA tried to push already several times in the past without success. #OpenAI, a company founded on the 11th...| JustDario
February 22, 2013 case number 1:2013cv01225 US District Court for the Southern District of New York Plaintiff Valentin Petrov Defendant Mellanox Technologies, Ltd. (link). “The Exchange Act claims allege that Defendants engaged in a fraudulent scheme to artificially inflate the Company’s stock price. As a result of the fraud described...| JustDario
The #Nvidia 10-Q for the latest quarter is now out, and I have to admit the company is doing an incredibly good job in covering its back from any potential legal consequences of its actions once the incredible Ponzi scheme they are part of will inevitably collapse under its own...| JustDario