Tiernan Ray

The TL Podcast for November 17th: Earnings winners that kept on winning Western Digital and SanDisk are among the winners this earnings season that went on to gain even more following upbeat reports. Also, reviewing American Superconductor and Nextpower’s prospects, and getting…

Stop saying AI hallucinates - it doesn't. And the mischaracterization is dangerous The language we use to describe AI is pivotal to how humans see AI - so we'd better get it right. @OpenAI @Google @perplexity_ai @AnthropicAI zdnet.com/article/stop-s…

What’s the off-take, Jensen? Nvidia’s CEO used a project financing term to reassure the Street his GPU sales are pretty much guaranteed. For the moment, that’s enough for most. The stock is doing its “inverse estimates behavior” once more. Plus, some bright spots for Elastic but…

Nvidia’s Huang fails to address bubble concerns, but who cares? Faced with rising investor concerns about “circular” financing and inflated spending in AI, Nvidia’s CEO, Jensen Huang, failed to address the concerns, instead talking about how great his company’s products are. But…

Wall Street’s Best Ideas: The ROI on AI is even worse than you think At least one Street observer says it is time to call the bluff on all of Mega-Cap Tech’s gigantic AI spending plans. Also, looking forward to Nvidia, Lumentum’s potential upside in fiber-optics, and Semrush…

Wall Street’s Best Ideas: Who needs Anthropic when there’s Google? With Tuesday’s announcement of $15 billion in investment in Anthropic by Microsoft and Nvidia, in return for $30 billion of purchases, the level of “circular” funding continues to tick higher. But, you know…

Wall Street’s Best Ideas: DigitalOcean’s next big opportunity The turnaround appears to be happening at DigitalOcean, but the more interesting prospect is a big market for artificial intelligence “inference.” Plus, three best on rising data center spending including Celestica,…

CoreWeave will make it all back, they say Shares of AI hosting firm CoreWeave dropped eight percent as it had to cut its revenue forecast because of delays in building out data center capacity. Bull and bear agree that business will return in future quarters.…

What’s working now: Innodata, JFrog, SanDisk Things that are working this earnings season include software names tied to the artificial intelligence trade, including Innodata and JFrog, and memory-chip technology such as SanDisk. What’s not working are all the “sub-scale”…

Coherent surges, Figma regains a bit of ground Coherent surges after its results and outlook show similar data center and AI payoff as Lumentum. After losing two thirds of its value, Figma delivers decent growth. And Datadog outshines Dynatrace, IonQ gets a new fan, and…

Quantinuum plays to packed crowd at Nasdaq Quantinuum, a division of Honeywell International, drew a big crowd at Nasdaq on Wednesday to talk up its newest machine, “Helios,” which it says has industry-leading “fidelity.” Be that as it may, we are still some years from quantum…

Why is Palantir so damned expensive? I’m glad you asked. Why buy Palantir when there’s Nvidia? Palantir has scarcity value for investors given a high rate of growth, the result of being the Costco or Home Depot of AI for those confused enterprises desperate to check that rubric…

Wall Street’s Best Ideas: Nvidia’s half-trillion Nvidia’s CEO, Jensen Huang, told Washington, D.C. that he’s got half a trillion dollars in orders for AI chips in the bag. How much of that is linked to OpenAI’s unfunded promises? And, will Microsoft end up litigating “AGI”…

Bloom zooms, Teradyne and Corning rise on data center demand Tuesday brought three stars of surging AI and data center demand, Bloom Energy, Teradyne, and Corning, all profiting from the AI trade. There were also some positive surprises from out-of-favor names including Check…

Wall Street’s Best Ideas: Street gushes over revenue-less Fermi Startup data center supplier Fermi America, just nine months old, has no revenue and no contracts, but the promise seems bright to the eight analysts initiating coverage of its IPO with a Buy rating on Monday. Just…

Wall Street’s Best Ideas: Street fight over NuScale One analyst thinks small nuclear reactor maker NuScale Power has a meaningful head start over Oklo, Nano Nuclear and other hopefuls in the new era of nukes. Two other analysts think the company’s deal structure is terrible, and…

Please enjoy my interview with Samsara CEO Sanjit Biswas Samsara CEO: The logic of business expansion Internet of Things provider Samsara continues to win new business, in part by expanding within customers that have gigantic operations. Equipping forty-six thousand school…

Tesla’s numbers underwhelm, cue the robots again Even bulls on Tesla shares realize record numbers of car sales are not that exciting a prospect. Something else is needed, but the chance of it being an “Optimus” robot is not likely anytime soon. Plus, Lam Research’s bright…

The TL Podcast for October 21st: A big surge in the TL20 Since the September rebalancing, the TL20 stocks to consider are up an average of twenty-one percent. It’s not reason to panic, but good to understand the elevated risk amidst a rather over-heated AI market.…

Vertiv shines, Netflix needs something new Netflix had a big surge in the pandemic period, then a slump in growth, and then a nice re-acceleration. The re-acceleration part is now over, suggesting advertising revenue better deliver next year. Also, do you have patience to stick…