I wrote yesterday that I was on the fence with regards to retaining the AppLovin position. In a sense I still am but yesterday’s bounce led to a different decision. It has been a ghastly trade but I feel it better to move on than determine just how the potential of the company’s non-gamer introduction…
I have recommended Cerebras shares and the Ticker Target high growth portfolio currently has a 3.87% weight in the shares. The shares have dropped by almost 18% so far this week. The drop is a function of a report from a publication called SemiAnalysis that OpenAI is using some Nvidia chips to power the Ultrafast…
This morning, as stocks declined because of fears of continued rate back-up, the high-growth portfolio made some changes. It eliminated the last of the Unity position-not because of any specific news or change in expectations, but simply because of my expectations that with the rather substantial drawdowns in shares of Nebius and Cerebras in the last couple…
The High Growth portfolio acquired an additional 100 shares of Cerebras, bringing the position size to 700 shares. The purchase was made at $201.99 and it brings the weight in the high growth portfolio to 4.34%. The purchase wound up costing $20,210 and brought the margin balance in the high growth portfolio to $994,787. Shares…
Given the spike in Nebius which had carried the portfolio weight to about 16.5% the high growth portfolio trimmed about 15% of its position or 300 shares. The shares were sold at $269.99 and the new portfolio weight is 13.93%. The sale raised $80,990. The portfolio now has 1850 share of Nebius, still the largest holding Cerebras shares…
Shares of Snowflake continued to spike and we have sold half of the remaining position (250 shares) at $314.01. The sale raised approximately $78,490. The remaining Snowflake position in the high growth portfolio is 250 shares and that has a weight of 2.79% in the high growth portfolio. If the shares continue to spike, we…
a) Cerebras Cerebras shares have fallen by around 4% today. It is a very volatile stock that often moves without a great deal of substantive information. A few days ago it appreciated as much as 20% after it announced that it was building data centers in Europe at an accelerated pace. Today the shares have fallen…
PhonlamaiPhoto/iStock via Getty Images Trying to understand if the technology of the Wafer Scale Engine is creating a real alternative to Nvidia Fast is the opposite of slow. Cerebras (CBRS) is fast-real fast. It’s next generation fast and has built a moat through its architecture and its patents that is hard for anyone to exactly…
The high growth portfolio acquired another 150 shares of Cerebras at $174.99 at today’s opening. That cost $26,255 and takes the holding in the high growth portfolio to 250 shares with a weight of 1.64%. That is still the smallest position in the high growth portfolio. Stocks are weaker today pretty much across the board…
We wrote about adding to the Nebius position and starting a position in Cerebras shares in the weekly commentary. Since the commentary won’t be published for a few hours, here is what I wrote about both companies. Nebius: did last week’s drawdown make sense? Cerebras: is this a bet worth taking? a) Nebius Last week…