We are already looking at the uranium suppliers(miners). The commodity, being the power generation itself wouldn’t be a big profit driver but the much rarer ‘product’ looks promising.

& for those of us who have spent many hours in data centres, it sends a shiver down the spine Very tidy

Thanks Nik.

Quick update: with thanks to Nik, I've effected all the movements suggested and am hoping that the new investments in IM will grow as bountifully as the last ones have done! Thanks chaps.

Thanks from me also!

Great info Adam, here's hoping we see some good market vibes over the coming months

Hi Jim, Top marks :). We report in GBP and your USD assets, other things being equal, are worth more GBP. Regards Adam

OpenAI closed a new funding round, raising $6.6B from Microsoft, Softbank and Nvidia. This was based on a post capital raise valuation of $157B. The company is expected to generate $3.6 billion in revenue this year, despite losses exceeding $5 billion, while next year’s revenue is projected to soar to $11.6 billion.

Invest in arms suppliers! My late great uncle John was a partner in a Bradford wool mill, bought in the 1930's.....did very well selling karki and airforce blue cloth to the gubberment 1939/1945!

Debt covenants are the restrictions placed on borrowers. You would find them in residential mortgages too, such as the borrower won't demolish the house without consent and you must insure the property, etc. In this case the lender has given them a waiver because they would have been in breach of that term. SMCI is a tier 1 partner of Nvidia and we believe has priority allocation of 25% of Blackwell chips. And on that(supply), total Hopper supply in 2023 was circa 550k chips and estimated 1.8-2m for all of 2024. Recent reports (today) show an estimated 2025 supply of 3M Hopper +4M Blackwell. No one expected Hopper, 'the old' architecture to continue to increase through 2025. By the time these chips are assembled in servers they are $40k per unit. The math is interesting!

Just to round this off….it was 9 days from placing order to receiving money with Fidelity Happy with the Cobens timeframe

Thanks Adam, thought I was still mixing it up. Yes quai investments. Do they have an easy to use app (on top of the website dashboard)?

@dingg said in Micron report and general tech news: Thanks Adam Wondered why klac was looking a bit perky on the premarket. As are some others, could be a bit of a good day if it carries through to the close Ah well, another kick in the balls, smci potential dodgy dealings pulling the rug on semis, this time next year Rodney

Thanks. I upvoted your reply. I hope that's the same as a thumbs up .

@Nik-Burrows Thanks, I've sent you an e-mail with an additional (easy to answer) question about my DB pension application.

@Nik-Burrows Thanks Nik. Son 2 needs one soon so will look and see what exists

Which is what I said over on PH. Discussed with Nik and it was something outside of IM control. Processes of the Custodians I think, maybe it can be fixed now

@dingg said in Fed rate cut 50bps: Yes, today will be stellar, show on tomorrow's read out Friday is opex, going to be volatile, closing just positive (he says optimistically) You are of a more optimistic mindset than me! Or (much more likely) you simply have different portfolio allocations. For me, Thursday (i.e results shown on Friday) was decent but not huge. And Friday (results shown on Saturday) was slightly down. Hoping for big things on Monday (Tuesday's results), but then I hope for that every day!

Noted. We will put it together