NVIDIA: Very Limited Upside Potential - A ScenarioNote: While predicting the future is impossible, the following game plan is based on an analysis of current events, historical patterns, market bubbles, and the growing public fear of artificial intelligence.
Please bear in mind that I am an extropist who has been dreaming of the Singularity since I was seven years old, with a keen interest in financial and technological privacy.
1. Current Market Capitalization
Unsustainable Levels:
As of May 30th, 2024, Nvidia's market capitalization stands at a staggering $2.82 trillion USD. This valuation reflects extremely high growth expectations and significant optimism about Nvidia's future prospects. However, such a lofty valuation may not be sustainable in the face of potential risks and headwinds.
Valuation Metrics:
Key valuation metrics such as the Price-to-Earnings (P/E) ratio are also at historically high levels, indicating that the stock is priced for perfection. Any deviation from expected growth or profitability could lead to sharp corrections.
2. AI Regulation in 2025
Intensive Regulations:
There are growing concerns that the AI industry, which Nvidia heavily relies on for growth, will face stringent regulations by 2025. Governments worldwide are increasingly wary of the ethical implications, data privacy issues, and potential misuse of AI technologies.
Impact on Growth:
If new regulations impose strict compliance requirements, limit data usage, or introduce hefty fines, Nvidia's AI-driven revenue could be significantly impacted. Compliance costs would rise, innovation might slow down, and the overall profitability could decline, leading to reduced investor confidence and lower stock valuations.
3. Incoming Lawsuits
Patent Infringements and IP Disputes: Nvidia is frequently involved in legal battles over intellectual property and patent infringements. As the company expands its technology portfolio, the risk of lawsuits increases, which can lead to costly settlements or prolonged legal battles.
Class Action Lawsuits: There is also the potential for class action lawsuits from shareholders if Nvidia fails to meet its lofty expectations or if there are any perceived misrepresentations of its business prospects. Legal troubles can drain resources and divert management attention from growth initiatives, negatively impacting stock performance.
4. Geopolitical Risks: China Invading Taiwan / World War 3
Supply Chain Disruption: Taiwan is a critical hub for semiconductor manufacturing, with companies like TSMC (Taiwan Semiconductor Manufacturing Company) playing a crucial role in Nvidia's supply chain. An invasion by China could disrupt this supply chain, leading to shortages, production delays, and increased costs for Nvidia.
Market Sentiment: Geopolitical instability typically spooks investors, leading to market sell-offs. A conflict involving Taiwan would create uncertainty around Nvidia's ability to maintain its production levels and meet market demands. This uncertainty can drive investors to pull out, causing a decline in stock prices.
Trade Restrictions: In the event of a conflict, the US and its allies might impose sanctions or trade restrictions on China, further complicating Nvidia's operations and supply chain. These restrictions could limit Nvidia's access to essential materials or technology, affecting its long-term growth prospects.
5. Social Unrest Due to AI Impact
Mass Riots Over Job Losses: As AI technology advances, millions of jobs are at risk of being automated. This could lead to significant social unrest as people face unemployment and economic hardship. Mass riots and protests against AI-driven job displacement could create a hostile environment for companies like Nvidia, leading to negative public perception and potential backlash.
Intellectual Property Theft Concerns: AI technologies have been criticized for infringing on the intellectual property rights of artists and creators. This could lead to increased legal challenges and a loss of support from the creative community. Public outcry and legal actions from artists claiming that their work is being used without permission could further tarnish Nvidia's reputation and create financial liabilities.
In Conclusion:
While Nvidia has enjoyed a remarkable rise in its stock price, several factors suggest that its current valuation might be unsustainable. The potential for heavy AI regulations, a surge in lawsuits, geopolitical risks related to China and Taiwan, and social unrest due to AI-driven job losses and intellectual property theft present significant headwinds. Coupled with the current market capitalization at an unprecedented $2.82 trillion USD, these factors collectively argue for a more cautious outlook, suggesting that Nvidia's stock may not have much room to rise further and could even face a significant correction.
And as Always: This is NO Financial Advice, Do your own Research.
CYANE
AI
Looming AI Power Stock?
NASDAQ:MRVL The Chip Designer Company is a must watch stock especially this week with the upcoming earnings report.
This is my strategy:
Using Bollinger Bands and Fibonacci Retracement, we see a consistent trade volume and slight increase in volatility as the price drops below the SMA and nears the lower band. The price is currently $76.68. We can expect it to reach a price target of $77.75 (test strategy here) for uptrend confirmation.
Semiconductor Bull Run: Is it OVER?AMD is experiencing a breakout from the falling wedge pattern, which is a bullish signal. Currently, the stock is above its immediate support zone and ended the last trading session with a bullish harami candle.
Although sell pressure seems unlikely given the current levels, keep an eye on the medium-term support zone to reassess your trading strategy if needed.
These levels are suitable for options trading and could result in excellent swing trades based on liquidity analysis.
The price target is between $185 and $190, with the potential to reach $200 if the bullish momentum continues.
Let's monitor how this develops.
AI GEMS 💎AI
The ubiquitous integration of artificial intelligence into our daily lives is steadily increasing, and the technology is impacting many industries and activities. One of the drivers of the AI field has been OpenAI, which has a variety of products such as GPT, ChatGPT, Sora, and DALL-E. AI is used in many industries, from personal assistants such as Siri and Alexa to AI algorithms in social media - AI's presence is ubiquitous and continues to expand.
In the field of cryptocurrencies, AI has been no exception. The convergence of AI and blockchain technology has led to a surge in the development of AI-based cryptocurrencies and applications. These projects utilize AI and machine learning to empower blockchain networks, improve security, and create new use cases. AI is used in cryptocurrency for various purposes, such as automating trading strategies, improving market analysis, and making blockchain networks more efficient. Even some AI-enabled cryptocurrencies have emerged, looking to capitalize on the growing interest in both AI and cryptocurrencies. However, the use of AI in cryptocurrencies should be approached with caution. While AI can potentially empower blockchain networks and improve user experience, it poses new risks and challenges. For example, AI algorithms can be susceptible to manipulation or exploitation, and the security of AI-based cryptocurrency systems can be jeopardized.
AI has become an essential part of our lives, and its integration into the cryptocurrency world is no exception. As AI evolves and improves, its role in cryptocurrency will likely expand, offering new opportunities and challenges for developers and users alike.
AI Market today
The AI sector of the cryptocurrency market is currently experiencing a period of significant growth and development. According to the latest data, the total market capitalization of AI-related cryptocurrencies is $32.8 billion. AI-related crypto assets have performed well after major developments in OpenAI:
The sector has seen significant growth over the past year, with high-profile projects such as CSEMA:AKT , NYSE:FET , and SET:PRIME significantly increasing their market value. The artificial intelligence sector in the cryptocurrency space is seen as a strong contender for becoming the following big narrative, and the continuous development of AI technologies is expected to drive further growth. Projects such as The Graph (GRT), Fetch.ai (FET), and SingularityNET (AGIX) are among the most successful in the AI cryptocurrency space, offering unique value propositions that utilize AI to enhance the functionality of blockchain and cryptocurrencies.
The convergence of AI and cryptocurrencies is seen as a significant trend: AI is used to analyze the vast amounts of data generated by cryptocurrency markets. Such analysis helps to understand market trends, predict price movements, and improve the security of digital transactions. The use of AI in crypto trading and market forecasting is a crucial area, with projects such as Ocean Protocol (OCEAN) and Numeraire (NMR) leading the way. However, it is essential to note that the artificial intelligence cryptocurrency sector is still at an early stage of development, and while it offers excellent opportunities, it also carries risks. The speculative and volatile nature of the cryptocurrency market means that it is difficult to predict which particular AI cryptocurrency will show significant growth.
The AI sector of the cryptocurrency market is a dynamic and rapidly evolving space. A wide range of projects utilize AI technologies to enhance the functionality of blockchain and cryptocurrencies. As AI evolves and integrates into the cryptocurrency market, we can expect to see more sophisticated and efficient solutions for trading, security, and compliance.
Example of AI in DAO
AI at the edge of DAO - autonomous agents act as token holders. Decision-making in the DAO is democratic and decentralized. This means that every member of the DAO has the right to vote. In theory, the democratic nature of the DAO has several advantages. However, in practice, the requirement to vote on every single proposal can be overwhelming for members. Many DAO members do not have the time to vote or even the ability to understand each proposal. The lack of voter participation in the DAO limits the efficiency of decision-making within the DAO and could be a potential risk of centralization if only a tiny fraction of DAO members participate in the voting process. If autonomous agents act as delegates for token holders, voter participation in the DAO could increase, the speed of decision-making would accelerate, and decentralization could become feasible.
Promising projects
Attention! Make your DYOR! If you want to see my portfolio, please see its description below the chart.
MASA
The MASA project is a decentralized AI data and LLM (Large Language Model) network that aims to enable users to own, share, and earn from their data and computations, thereby facilitating the development of AI applications. The MASA token serves as a utility and management token for the Masa network and operates as a standard ERC20 token on Ethereum Mainnet.
The MASA token has several options for use in the Masa network:
Users can submit their data to the Masa network and receive MASA tokens as rewards. This incentivizes data sharing and helps build a robust AI data ecosystem.
Businesses and developers can pay for MASA tokens to access and utilize the data, products, and services available on the Masa network.
Users pay for MASA gas on the Masa Avalanche subnet to mine and manage their zkSBT (zero-knowledge Soulbound Token), an encrypted repository of personal data. Some of these gas payments are burned, contributing to the token's deflation.
Masa Oracle node operators use MASA tokens to manage Masa zk-oracle nodes. This helps secure the network and maintain its integrity.
Through community management, MASA token holders can participate in the Masa network's decision-making process. This ensures that the network develops in a decentralized and democratic manner.
Overall, the MASA project is a promising initiative in the field of decentralized AI data and LLM. It offers users the opportunity to contribute to the development of AI applications while being rewarded for their data. The MASA token is vital in encouraging data sharing, securing the network, and facilitating community management in the Masa ecosystem.
Parsiq
Parsiq is a comprehensive data network that powers the dApps backend and Web3 protocols. Its APIs provide real-time and historical data querying for blockchain protocols and clients, facilitating the creation of various Web3 data products.
The platform is designed to connect blockchain to various ecosystems or off-chain devices and applications, allowing users to control and secure DeFi applications, create custom event triggers, and automate real-time operations. Parsiq has made significant strides in its growth, including more than 50 strategic partnerships in 2021. These include well-known projects and service providers such as AAVE, OKEx, Solana, Chainlink, Polkadot, UnoRe, Mysterium Network, PancakeSwap, and deBridge. The project's technology is linked to many famous projects and protocols in the cryptocurrency space, allowing it to be used in increasing use cases, including AML and KYT processes, DeFi, and TradFi. In 2023, Parsiq introduced its Reactive Network, designed to bring the concepts of ReactEVM (rEVM), reactive smart contracts (RSC), and Relayer Network to the blockchain world. The Relayer Network extends the functionality and capabilities of RSCs by bringing their abilities to the entire blockchain and allowing the whole network of blockchain ecosystems to be tracked, analyzed, and responded to through a single, smart contract. The REACT token plays a vital role in the Reactive Network, paying for gas and post-blockchain RSC transactions and rewarding participants who maintain consensus in the event log.
Parsiq's evolution of rEVM leverages all aspects of its past and accumulated experience to bring its most revolutionary and industry-impacting solutions to the future to date. The VM reactive brilliant contract standard, combined with the cross-chaining capabilities provided by the Relayer Network, will enable current and future developers to build the next generation of Web3 applications.
Parsiq is a promising Web3 data networking project that offers innovative solutions for connecting blockchain to off-chain applications and facilitates the development of advanced Web3 applications. Introducing the Reactive Network and the REACT token further expands the platform's capabilities, making it a significant player in the blockchain ecosystem.
EMC
EMC ( Edge Matrix Computing ) is a cryptocurrency project that aims to create a decentralized network of AI computing power applications. It focuses on efficiently connecting and collaborating tens of thousands of idle or clustered GPU computing power nodes through Proof of Work (POW). The unique value of the EMC project is that it is the only project in the Web3 space that directly links GPU computing power to AI applications, delivering them to everyday developers and users at low cost and convenience.
The project was launched with the first RWA (Real World Assets) product based on GPU hardware computing power for AI on December 6, 2023. This product is based on GPUs, the most valuable manufacturing tools of the AI era, and represents standardization, high value, and high technical added value. The release of RWA increases asset liquidity for nodes and the network and ensures the continued growth of EMC's network value within the RWA product. EMC is actively under construction and has attracted the crypto community's attention, as evidenced by its strong social media presence and ongoing discussions about its airdrop. The project is considered large-scale and has the potential for significant growth in the future.
Forta
Forta is a project aimed at improving the security of smart contracts on the blockchain. It has a token called FORT, which incentivizes network security. The project was launched with a $23 million fundraising led by Andreessen Horowitz (a16z) and has gained attention for its efforts to secure smart contracts on various blockchain networks.
The project aims to detect and mitigate cybersecurity, financial, operational, and governance threats through a community of developers who build and run bots to monitor these risks. Forta's decentralized approach to security is seen as a critical step in securing smart contracts and the entire blockchain ecosystem. FORT owners can vote on governance proposals, contributing to the decision-making process that guides the network. This democratic approach ensures that the community can influence the direction and development of the Forta network.
This way, the FORT token is central to the Forta project's Web3 security mission, incentivizing the developer community to build the tools needed to secure their projects. The token's value is tied to the success and growth of the Forta Network, making it an essential component in the ecosystem's efforts to improve blockchain security.
Alethea AI
Alethea AI is a cutting-edge project combining generative AI and blockchain to democratize AI ownership and governance. It is at the forefront of the cryptocurrency revolution to decentralize the ownership and management of AI by leveraging the combined capabilities of these technologies.
The project attracted significant attention and support, with a total funding of $30.4 million, and the ALI token was an integral part of the project. The project introduced the concept of intelligent non-fungible tokens (iNFTs), which are NFTs capable of learning, evolving, and interacting with the environment. These icons can be created using the AI Protocol, which offers developers tools for creating AI-enabled DApps. The native ALI token plays a fundamental role in the decentralized operations of the iNFT protocol and the DApps built on top of it.
The primary mission of Alethea AI is to provide decentralized ownership and democratic governance of artificial intelligence, which is achieved through the use of blockchain technology. The project also introduced CharacterGPT V2, which allows the creation of realistic characters with unique voices and personalities through text input.
Openfabric AI
Openfabric AI is a Tier 1 protocol that aims to revolutionize artificial intelligence (AI) by creating an ecosystem where innovation is highly valued. It provides a platform for people with different backgrounds to contribute and utilize AI solutions to solve complex problems. Open fabric has been developed through extensive research and testing, ensuring it is built on a solid and reliable foundation.
Openfabric architecture encourages communities to unite, monetize their intellectual property, and compete or collaborate to pave the way for the Internet of Artificial Intelligence. It abstracts the technical complexity of artificial intelligence systems, enabling improved user experience and business integration. By utilizing a trusted execution environment and advanced cryptography techniques, the underlying framework ensures scalability, data privacy, and intellectual property protection. Critical features of Open Fabric include decentralization to avoid centralized control, usability to simplify interaction with AI, security to protect privacy and intellectual property, smart economics to ensure fair transactions, interoperability for collaboration between AI agents, and scalability by leveraging the computing power of network participants.
The Openfabric platform offers several tools and resources for developers and users, such as the Openfabric Store, Openfabric Toolkit, Openfabric SDK, and Openfabric Daemon. It also supports creating new AI applications and aims to stimulate fair market competition.
It is a promising projims to create an inclusive and cohesive community and marketplace for AI resources, developers, and companies, making AI and blockchain technology more accessible and efficient for users.
Conclusion
The artificial intelligence sector is experiencing rapid growth and is expected to continue expanding significantly in the coming years. According to Precedence Research, the global artificial intelligence (AI) market was valued at $454.12 billion in 2022 and is projected to reach around $2,575.16 billion by 2032, growing at a compound annual growth rate (CAGR) of 19.7% from 2023 to 2032.
This growth is driven by the increasing demand for AI in various fields, including medical, banking and finance, manufacturing, and others.
One of the key factors driving the growth of the AI sector is the development of new technologies and the widespread adoption of AI across various industries. For instance, the healthcare AI market is expected to grow at a CAGR of 37.5% from 2023 to 2032, driven by the use of AI for drug discovery, medical imaging, and patient care. Similarly, the AI market in the automotive industry is expected to grow at a CAGR of 35.5% from 2023 to 2032, driven by the development of autonomous vehicles and advanced driver assistance systems. Apart from these industry trends, the AI sector also benefits from the increasing availability of data and the development of new algorithms and computing platforms. As available data increases and computing power grows, AI systems become more functional and versatile, enabling them to address an ever-wider range of tasks and applications.
Overall, the future of the AI sector looks bright, with significant growth and innovation expected in the coming years. As AI technologies continue to evolve and become more widespread, they have the potential to change many aspects of our lives and drive economic growth and development. In the future, adopting AI will lead to innovation and success, while resistance to it could lead to stagnation and obsolescence.
Best regards EXCAVO
$MSFT earnings? Could we see another drop to $370?NASDAQ:META had a negative reaction to earnings yesterday. I was originally thinking that MSFT's earning reaction would be positive but as I look at the chart and options flows, I'm starting to think we're going to see a negative reaction.
I think most likely outcome is that we drop from here to around the $370 level, if that level can hold there's potential for one more rally into May to the $454 level. Otherwise if it can't, we risk seeing more downside to the lower levels.
Let's see what happens after the market closes.
AI/USDT POTENTIAL BULL FLAG FORMATION! NEXT LEG UP SOON!!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis.
AI appears to be forming a bull flag pattern in the 4-hour timeframe. A breakout from this pattern could signal a significant price increase. Once it breaks out from the flag, we can expect a good 40-50% upside move. Accumulate in the green zone.
Possible Entry & Targets:
Entry: Current Market Price (CMP) and potentially add more up to $0.97
Potential Targets: $1.07, $1.18, $1.34, $1.52
Stop-loss: $0.92 (Consider setting a stop-loss based on your risk tolerance strategy).
Leverage: Use leverage with caution. Consider low leverage (Max 5x) as suggested.
Let's Discuss
What are your thoughts on AI's current price action? Do you see a bull flag pattern? Share your analysis in the comments below!
🍌🍌 SUPERMICRO — AI INFRASTRUCTURE STOCKS GO BANANA Supermicro is an American company, a major manufacturer of motherboards, cases, power supplies, cooling systems, SAS controllers, Ethernet and InfiniBand. The company specializes in the production of x86-server platforms and various components for servers, workstations and data storage systems. The headquarters is located in San Jose, USA. Founded in 1993.
Supermicro, Inc., a provider of end-to-end IT solutions for cloud computing, artificial intelligence/machine learning, storage, and 5G/Edge communications, continues to expand its data center portfolio with NVIDIA end-to-end rack cabinet solutions HGX H100 equipped with liquid cooling systems.
Supermicro's advanced liquid cooling technologies help reduce time-to-commissioning, improve performance levels, and reduce data center operating costs while dramatically reducing energy efficiency.
It is estimated that when using Supermicro liquid cooling systems (compared to air-cooled data centers), data centers save up to 40% in terms of power costs. In addition, direct cooling costs can be reduced by up to 86% compared to existing data centers.
"Supermicro continues to lead the industry by meeting the ever-growing needs for AI systems and modern data centers around the world," said Charles Liang, President and CEO of Supermicro.
AI-optimized racks powered by Supermicro's latest product lines, including server product lines from AMD, can be quickly created from standard engineering templates and easily customized to meet unique user requirements.
The ultra-modern GPU liquid cooling server includes dual processors from NASDAQ:INTC or NASDAQ:AMD and four or eight interconnected NVIDIA ( NASDAQ:NVDA ) HGX H100 Tensor Core GPUs.
The use of liquid cooling systems can reduce the energy consumption of data centers by up to 40%, which in turn leads to lower operating costs.
In addition, both systems significantly outperform previous generation NVIDIA HGX GPU-powered solutions, delivering up to 30x performance gains and improved efficiency of today's Transformers with faster connections between GPUs and networks and storage built with PCIe 5.0 standard.
The technical picture illustrates the possibility of continued explosive growth in Supermicro shares, which are up more than 160 percent since the beginning of the year.
Blackberry 2024Ladies and Gentlemen,
Today, we stand on the brink of a remarkable transformation, driven by a company that has redefined itself with vision and resilience. That company is BlackBerry. Once known for its iconic smartphones, BlackBerry has boldly transitioned into new territories, emerging as a leader in cybersecurity, the Internet of Things (IoT), and advanced automotive technology. This journey is nothing short of inspiring, and it sets the stage for a bright and prosperous future.
BlackBerry’s story is one of relentless innovation and strategic reinvention. By shifting focus from hardware to software, BlackBerry has positioned itself in the heart of two booming industries: cybersecurity and IoT. In a world where cyber threats are ever-evolving, the demand for robust, intelligent security solutions has never been higher. BlackBerry, with its acquisition of Cylance, is at the forefront of this battle, delivering AI-driven cybersecurity solutions that protect organizations worldwide. This commitment to security not only safeguards data but also builds trust and confidence among customers and partners.
Moreover, BlackBerry’s QNX software is revolutionizing the automotive industry. As we move towards a future of connected and autonomous vehicles, QNX stands as a cornerstone of this technological evolution. From in-car systems to advanced driver-assistance systems, BlackBerry’s software ensures safety, reliability, and innovation on the roads. This isn't just about technology; it's about shaping the future of transportation and making our roads safer for everyone.
The Internet of Things represents a vast landscape of opportunities, and BlackBerry is ready to seize them. With the proliferation of IoT devices across various sectors—healthcare, industrial automation, smart cities—BlackBerry’s secure solutions are essential for managing and protecting these interconnected systems. The growth potential here is immense, and BlackBerry is uniquely positioned to lead the charge.
Financial strength and strategic acquisitions have further solidified BlackBerry’s foundation. These moves are not just about expanding capabilities; they are about investing in a future where BlackBerry continues to lead and innovate. Partnerships with technology giants like Amazon Web Services enhance our technological prowess and market reach, driving us forward into new frontiers.
As we look ahead, the future shines brightly for BlackBerry. The expanding cybersecurity market, the evolution of autonomous vehicles, the explosive growth of IoT, and the increasing need for enterprise security all point to a horizon filled with promise and potential. BlackBerry’s unwavering commitment to innovation and excellence ensures that we are not just keeping pace with change but driving it.
So, let us embrace this journey with confidence and determination. Let us celebrate BlackBerry’s resilience and vision. Together, we are part of a story that continues to inspire and innovate, a story that promises a brighter, safer, and more connected future. With BlackBerry leading the way, the possibilities are boundless, and the future is ours to shape.
Thank you.
$TURBO Token - Breakout incoming?!1. Price Trends : Over the past 24 hours, the OKX:TURBOUSDT Token has seen a significant price increase of > 25%. This suggests a strong bullish sentiment in the short term. Over the last week, the price has risen by > 45%, indicating a positive trend over the past few days.
2. Trading Volume : The 24-hour trading volume for OKX:TURBOUSDT is > $30 Million USD, which is a healthy volume that reflects active trading interest in the token.
3. Market Cap : The market capitalization of OKX:TURBOUSDT is > $100 Million USD. This places OKX:TURBOUSDT at a relatively lower market cap compared to some other tokens, potentially indicating room for growth.
5. Community and Sentiment : The OKX:TURBOUSDT community seems to be quite active and bullish on the token's prospects. Tweets and discussions about MYX:TURBO often mention its potential for growth and the strong community backing it.
In conclusion, the OKX:TURBOUSDT Token has shown significant price appreciation in the short term and has a relatively low market cap, which could indicate potential for growth.
Tesla looking bullishTesla seems to have completed its corrective wave (2) and to have started its wave (3) with a short term target in the $235 area.
A break above $235 would validate the exit of the large triangle formation and opens further up moves towards the all time high.
On the opposite side, a break below $160 would invalidate this view.
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It's recent partnership with Baidu regarding autonomous vehicles and AI data centers, and its increasing focus on the development of its functional humanoid robots (Optimus) seem to be encouraging news among others. I believe Tesla could be one of the most concrete way to play the AI revolution.
🌐🔍 Samsara (IOT) Analysis 📈💼Market Overview:
Samsara NYSE:IOT is at the forefront of harnessing artificial intelligence (AI) to revolutionize its business operations. Through the utilization of cloud-based data analysis, Samsara efficiently processes vast amounts of sensor data, positioning itself to capitalize on the bullish trend in AI and offering promising opportunities for investors.
Notable Success:
One notable success story is Samsara's collaboration with JJX Logistics, resulting in a remarkable 17% reduction in fleet emissions. This partnership underscores Samsara's capability to deliver tangible benefits to prominent players in the logistics industry, showcasing the power of AI-driven solutions.
Customer Base Expansion:
Samsara's customer base is rapidly expanding, with a record number of customers generating over $100,000 in annual recurring revenue (ARR). The company recently secured its largest-ever deal with USIC, further solidifying its market presence. Additionally, Samsara's global footprint is expanding, with a significant portion of revenue derived from non-U.S. markets.
Expansion Plans:
To support its continued growth, Samsara plans to aggressively hire new talent, particularly in sales and marketing roles. The company is focusing its expansion efforts on regions such as Mexico, Canada, and Western Europe, aiming to further penetrate these markets.
Investment Outlook:
Bullish Stance: A bullish outlook on IOT is justified, especially above the $33.00-$34.00 threshold.
Upside Target: With an upside target set at $51.00-$52.00, Samsara is well-positioned to capitalize on the increasing demand for AI-driven solutions across industries.
📈💼 Keep a close eye on Samsara's performance for investment opportunities! #IOT #AI #Samsara 🌐🔍
Render (RNDR) & NVIDIA AI Conference With the rise of Artificial Intelligence , many projects are looking to capitalise on the massive potential that AI promises.
One of those projects is RENDER , the first decentralized GPU rendering platform launched in 2017, the Render network is built to provide a platform for a wide array of computation tasks - from basic rendering to artificial intelligence - which are facilitated swiftly and efficiently in a blockchain-based peer-to-peer network, free from error or delay, while ensuring secure property rights.
Nvidia is a Tech company that focuses on production of high end graphics cards and is a world leader in Artificial Intelligence computing with a Market cap of 2.25 Trillion Dollars. Nvidia are holding an AI conference 17-21 March, one of those talks is a talk on "production rendering on GPU" on the 20th March. I would predict that Render could get a mention as the RNDR network is integrated into Nvidia Omniverse, the VP of Nvidia Omniverse is also an advisor to RNDR, so could we see any further ties between the two companies? If so I think this would propel an already well performing coin that has recently entered into price discovery.
Fib targets after the breakout are shown o the chart and these are the areas to be interested in. I am not ruling out a retest of the break above the previous ATH however with the momentum that we are seeing I think this retest could come a much later stage.
With RNDR's MCap of $3.6B there is no reason why this project shouldn't break into the top 10 at some point this cycle, currently this would mean a 4.85x to displace SHIB at 10th place double that again if you compare to SHIB ATH MCap. This project is just getting started.
All eyes on the Conference, I could see this potentially being a sell the news event as these things often are, however that would just open up a buying opportunity for DCA or long term holding.
Tessy for the Win ($TSLA)Need above 176 to confirm move up. Looks to potentially be in a 5 wave move up.
If we reject 176 to 180 expect lower to come
if not this is upside just about
Looks to be in five wave like apple
Sub waves so within next few weeks to week
If not though probably lower than last low coming for sure. We need to break trend
Update as we go
www.tradingview.com
OpenAI’s search engine: Implications beyond GOOG stockOpenAI has denied rumors claiming it's set to reveal an AI-powered search engine for its flagship chatbot, ChatGPT, on Monday.
Although there is speculation that OpenAI is being a bit of a wise guy, and the product it will demo is not a search engine, but what they might dub as the next generation of search engines.
It will be interesting to see if this product, whenever it is first demonstrated, is anything Google will have to worry about. According to Bloomberg, OpenAI’s search tool will be partly powered by Microsoft’s Bing search engine. Make of that what you will.
Either way, this could likely ratchet up competition with Google and the market might have already begun to price in this risk to GOOG stock. But what other stocks could face a negative or positive risk from this development?
Maybe we can ask ChatGPT:
“Online advertising companies: Companies that heavily rely on Google's advertising platform for revenue could face challenges if advertisers shift their budgets to the new search engine. This includes companies like The Trade Desk (TTD), Magnite Inc. (MGNI), and Criteo S.A. (CRTO).
E-commerce platforms: Google's search engine is a major source of traffic for many e-commerce platforms. If a rival search engine gains popularity, it could impact the flow of traffic and potentially affect revenue for companies like Amazon (AMZN), eBay Inc. (EBAY), and Shopify Inc. (SHOP).
Payment processing companies: Google's search engine facilitates e-commerce transactions, which benefits payment processing companies like PayPal Holdings Inc. (PYPL) and Square Inc. (SQ). If a rival search engine affects e-commerce traffic patterns, it could indirectly impact payment processing companies.
Digital marketing agencies: Companies that specialize in search engine optimization (SEO) and search engine marketing (SEM) services may see a shift in demand if advertisers allocate resources away from Google towards the new search engine. Examples include companies like WPP plc (WPP) and Omnicom Group Inc. (OMC).
Data analytics companies: Google's search engine generates vast amounts of data, which is valuable for analytics purposes. If a new search engine captures market share, it could impact data analytics companies that rely on Google's data for insights. Companies like Nielsen Holdings plc (NLSN) and The Dun & Bradstreet Corporation (DNB) could be affected.
Online review platforms: Google's search engine plays a significant role in driving traffic to online review platforms like Yelp Inc. (YELP) and TripAdvisor Inc. (TRIP). A new search engine could potentially change the dynamics of online reviews and impact these platforms' user base and revenue streams.”
🔥TON: Listing On Binance And $20 Soon❓It's Worth to Buy NOT🚀🔥 A lot of expectations about Toncoin and Notcoin listing on Binance.
Is it worth to but TON now and wait $20 on possible Binance listing?
3 ways to withdraw your NOT from Telegram
Do you need to buy NOT streight after the listing?
These are the topics that most traders and investors are interested in. This is exactly what I talked about in detail in the video!
🎁 Check my trading ideas for the altcoins that are still at the bottom!
like❤️ and follow
Tesla $TSLA #TSLA #TSLT $TSLTMy plan for Tesla over the next few sessions of ideas.
Its rather clear what I'm looking for here.
I'll use NASDAQ:TSLT (leverage) to average out the larger DCA issues should it start to get away from me while using regular NASDAQ:TSLA for the main idea.
I like doing this so that it is a lot easier IMO to catch back up with the in between moves as well as have a secondary way to TP while still holding the larger position for the bigger move etc.
Profits from one can be rotated into the other making it not only your hedge but also a bit of a self sustaining play.
Should we get some sort of flash crash I'll happily take that as an opportunity to build a larger long-term play in the $75-$125 ranges.
Once they get passed this next cycle of manipulation and back to the ones who control the media and analysts pushing it we will see it blow through most of these levels with ease and back to $200+
Once we get some news one of these months/years about bigger companies buying the A.I. tech etc. we will have a whole other narrative besides selling cars and hype.
C3.AI bottomed and is going for the 1D MA50 test.C3.ai (AI) is trading within a Channel Down pattern since the August 01 2023 High and just 3 weeks ago made the 2nd Lower Low at the bottom of the pattern. If it breaks above the 1D MA50 (blue trend-line), we will have a confirmed bullish continuation for the new Bullish Leg, similar to the November 02 2023 break-out.
Until then, we expect one last short-term dip for a better buy entry, with which we will target 29.00 (just below the 0.5 Fibonacci retracement level). On the medium-term, we expect a new Lower High to be made, at least on the 0.618 Fib.
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DELYSIUM (AGI)One of my favourite altcoins for a number of reasons is DELYSIUM. An AI-powered open world framework project, the first web3 operating system that has seen incredible gains in the last year, up 467% YTD.
The AI narrative is a very strong one, perhaps the most likely to succeed in this Bullrun and so choosing the right projects to back over the next 12-18 months is so important.
Since the start of the year AGI has rapidly climbed to new heights, with a previous ATH of $0.45 Delysium moved into price discovery before losing momentum and falling back under. A big reason for this is not only because the rally ran out of steam but because BTC made a similar move, and once BTC pulls back the rest of the market is usually subject to the same move, however altcoins usually hold value much worse than BTC. The chart shows price has retraced back to the origin point of the last leg of the rally, the Bullish OB+ area and reacted well off this zone. After this strong reaction price meets the trendline resistance and fails to break it after 4 attempts. Another pullback into the Bullish OB+ give AGI another chance to escape the bearish trendline which it does and begins to make new Higher highs and Higher lows, a bullish trend has begun on the LTF. The last thing AGI now needs is to break market structure to confirm a new bullish trend which it does by sweeping the supply zone on the nearest local high. Using the Fibonacci zones we can find the best place for entry between the 0.62 & 0.79 areas of the pullback just after a "change of character" (CHoCH).
With strong fundamentals as well as bullish technical analysis it is clear that AGI is a great project to consider. With a strong probability trade like this and Take Profit (TP) targets as price continues its rally. Obviously as with all Altcoins they are subject to BTC price movements, this trade idea will really be determined by BTC regaining the 4h 200ema. If Bitcoin can do that we'll have more confidence and confluence in the trade idea, if BTC continues it's LTF downtrend then the trade idea could be postponed and look for a better entry. The Stop Loss (SL) will be the invalidation area.
FET is trying to breakout !FET / USDT
As per our last BTC update I advised u not to over trading in these days .. you can see in this chart multiple fakouts occured With 2 main events of stoploss hunt of both long and short
Now all eyes on current attempt of breakout
Incase of successful breakout we can see very strong bullish wave on FET (the leader of AI coins )