Virtual Reality (VR) is a technology that provides an immersive simulated experience. It includes companies that manufacture and sell hardware, devices and equipment for augmented reality (AR) and virtual reality (VR), such as head-mounted displays, gloves, controllers, etc. The recent launch of Apple's vision pro has sparked the interest of investors in VR and AR technology. With the innovation of new VR products, virtual reality will change how we use and develop games, entertainment, education, and healthcare services. As new applications continue to materialize, VR companies will see significant revenue growth, driving their share prices higher.
• $Alphabet-A (GOOGL.US)$ ordered 400K GB200 chips valued at $10B.
• $Microsoft (MSFT.US)$ purchased 60K GB200 chips worth $2B.
• $Meta Platforms (META.US)$ acquired 360K GB200 chips for $8B.
Demand for Nvidia's Blackwell chip is absolutely INSANE
$Apple (AAPL.US)$ break over 235.7, 240c Dec 20--to target: $237
$Costco (COST.US)$ Break over 975, 1000c Dec 6--to target: $980
$Upstart (UPST.US)$ break over 80.77, 85c Dec 20--to target: $83
$DraftKings (DKNG.US)$ break over 43.48, 45c Dec 20--to target: $44.5
Downside:
$NVIDIA (NVDA.US)$ Break under 135.5, 132p Dec 6--to target: $134
My guess would be we start seeing money rotate from chips into FAANG. This will lead
$AAPL 1/17/25 250c can work - stop loss daily close under $233
Furthermore, a massive 52% of stock repurchases were conducted by the index's top 20 firms.
This compares to a long-term average of 48% and pre-pandemic average of 45%.
Apple, $Apple (AAPL.US)$ , Alphabet, $Alphabet-A (GOOGL.US)$ , Meta, $Meta Platforms (META.US)$ , and Nvidia, $NVIDIA (NVDA.US)$ ALONE back $63 billion of stock.
The Information Technology sector saw $68 billion of repurchases while...
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