Today, IREN announced a $9.7 billion AI cloud contract with Microsoft. I'm still going through the details. I will have more to say about both $IREN and $MP in my commentary ahead of both companies' earnings this Thursday, November 6.
(The videos will likely be about NVIDIA, but I'll try to address both IREN and MP in my commentary in those videos).
I continue to be bullish on IREN for at least the next 1-2 years.
#IREN #IRENStock #NVIDIA #NVIDIAStock #AIStocks #AICloudStocks #MSFT #TechStocks #StockMarket #Investing
7 - 1
$IREN update:
There's a lot of concern about the proposed rule change in British Columbia that would change how electricity is allocated. I'm researching that rule change. It appears that the rule change should have *NO MEANINGFUL IMPACT* on IREN.
The proposed rule change would prohibit new grid connections for crypto mining, but IREN's existing grid connections in BC should be fine. IREN is focused on expanding capacity in Texas at their Childress and Sweetwater locations.
As for IREN's sites in BC: they are actively swapping out ASICS used for BTC mining and installing GPUs for AI. IREN trading lower because of the proposed rule change is the wrong read of the situation. I continue to be bullish on IREN over the next 1-2 years.
#IREN #IRENStock #AIStocks #AIStock #AICloud #AICloudStocks #CloudStocks #NVDA #NVIDIAStock #NVDAStock #NVIDIA #Investing #Stocks #TechStocks
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$IREN is lower today due to an analyst downgrade of the stock. I will address it later today in a video. The fundamental story remains unchanged. We may get a good opportunity to add at lower prices.
#IREN #IRENStock #NVIDIA #NVIDIAStock #NVDA #NVDAStock #AIStocks #AICloudStocks #TechStocks #AIStock #Stocks #StockMarket
7 - 0
$IREN - I've mentioned this stock in multiple videos over the past week or so. This is the stock I am most bullish on over the next 1-2 years. Will there be pullbacks over that time? Sure, it's possible. But I am viewing this as a long-term investment for the next couple years, and I think there is material upside ahead.
What I like about IREN:
- Pivoting hard into AI cloud.
- NVIDIA Preferred Partner (access to NVIDIA's latest products early cycle when there is extremely strong demand).
- Drastically increasing AI capacity in the near future.
- Recently reported their first profitable quarter.
- Funding AI cloud expansion primarily through non-dilutive financing.
IMPORTANT:
I think we will see *multiple expansion* in IREN stock moving forward.
IREN reported greater revenue than Nebius in their recent quarter, but yet IREN's market cap is less than half the market cap of Nebius. Why is this important? I think we will see a rerating (higher multiple) of IREN stock in the future as AI starts to represent a larger portion of IREN's business.
I like IREN's fundamental story AND I think we are likely to see notable multiple expansion in the stock.
This is not financial advice. I cannot tell you what to buy. I seriously encourage you to research IREN.
#IREN #IRENStock #NVIDIA #NVIDIAStock #NVDA #NVDAStock #AIStocks #AIStock #TechStocks #StockMarket #Stocks #StocksToBuy #Investing #AICloud #AICloudStocks
10 - 1
MP Materials reports earnings today and I want to share some important points ahead of the print.
Here's where things stand as of right now:
- The price floor commitment of $110/kg of NdPr starts in Q4.
- The 10-year offtake agreement with the DoD likely starts in late 2028.
- MP is aiming to start producing magnets at their Independence facility by the end of 2025.
Now, with this in mind, what will I be paying attention to on this earnings report?
1. REO and NdPr production. The price floor commitment that starts in Q4 will apply to whatever MP can stockpile. Meaning, they have a massive incentive to produce as much REO and NdPr as possible even before the price floor goes into effect.
2. Magnetic metal deliveries. This is a new revenue segment that just started in March of this year. We want to see what pace magnetic metal production & deliveries are ramping at. (NdPr metal is used to produce NdFeb magnets).
I don't know how the market will react to this report.
I hope everyone realizes that the price floor doesn't start until Q4 of this year.
That said, I'm looking at MP Materials as a long-term investment to be held for at least the next 5-10 years, and I think there is strong upside in the years ahead.
MP Materials was mentioned numerous times yesterday by #AAPL CEO Tim Cook and the President. This company is in a great position, and their product will be central to the oncoming wave of physical AI.
If you want to know more about MP Materials, watch the video I made about it. Watch the whole video so you know what's going on.
#MPMaterials #MPMaterialsStock #MPStock #RareEarth #RareEarthStocks #MPMaterialsEarnings #MPEarnings #StockMarket #Stocks #AIStocks #PhysicalAI
watch video on watch page
2 - 0
NVIDIA IS EXEMPT FROM THE SEMICONDUCTOR TARIFF!!!
This afternoon, the President announced that there will be a 100% tariff on semiconductors. But, for companies that have committed to building in the US (which NVIDIA has), there will be "no charge."
NVIDIA is exempt from the semiconductor tariff!!!
#NVIDIAStock #NVDA #NVDAStock #NVIDIANews #NVDANews #NVIDIAToday #NVDAToday #NVDAUpdate #StockMarket #Stocks #QQQ #TechStocks
21 - 7
Alphabet increases 2025 CapEx to $85 billion (was previously $75 billion).
As mentioned in recent videos, Google is seeing a lot of AI demand from AI Search, Gemini, Veo 3, etc.
I think Meta is very likely to increase CapEx as well.
Good news for NVIDIA.
#NVDA #NVIDIA #NVIDIAStock #NVDAStock #GOOG #GOOGStock #TechStocks #AIStocks
8 - 0
Watch this video for your own benefit. I am completely serious. YouTube will not recommend it to you since it's different from what I normally post on this channel. watch video on watch page
1 - 0
This is important. I have done a deep dive on MP Materials. I am extremely bullish. After parsing through the details, the recent news is way bigger than most people realize. I'm working on a video. When I post that video, watch it. I am serious. This is big.
7 - 1
I'm currently doing a deep dive on MP Materials; going through financials, recent news, etc.
I think this company is going to be worth substantially more in the future than it is today.
It's mind-blowing what's ahead. Do you want a video of me breaking it all down?
#mp #mpmaterials #stocks #rareearth #stockmarket #tech
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