Saturday, May 27, 2023

Charts -- A Most Remarkable Week -- May 27, 2023

Locator: 44766INV.  
Locator: 44766AAPL.  

Emperor with no clothes. Link here.

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Ouch: Nvidia short sellers lose $2.3 billion in one day. Link here.

“Our expectations for NVDA’s future revenues are lifting substantially,” Wedbush analyst Matt Bryson wrote in a note upgrading Nvidia to outperform from neutral. He pushed his price target to $490, implying an additional roughly 29% in upside for shares from Wednesday’s close.

Someone else noticed the same thing, link here.


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Apple Headset

Didn't expect to see this. Link here.


 Elsewhere:

Again, Apple needs to minimize hyping this headset:

  • will get off to a very, very slow start
  • targeting developers, not retail consumers/users
  • expensive: $3,000
  • cost: $1,500

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