Is Nvidia's Jensen Pushing Too Hard? And Stocktwits Partners With Nasdaq Private Markets

Good afternoon…

What an exciting week for people that love markets.

Stocktwits is as busy as I have ever seen it with the $VIX ( 0.0% ) spiking and the tech stocks selling off ahead of the SpaceX IPO.

Late stage private markets have been incredibly active in trading and conversation as SpaceX, Anthropic and Open AI get ready to go public, so Stocktwits has partnered with Nasdaq private markets to create over 400 streams to cover the largest private companies. Now it is easy to follow along. You can even connect directly to Nasdaq to buy shares. Check out the new SpaceX stream right here. The video below explains the partnership and roll out in detail…

The carnival that is Wall Street and CNBC is pushing extra hard to help push SpaceX, which is no surprise, but seeing Jensen, the CEO of $NVDA ( ▼ 1.63% ) push so hard is not a good look, at least to me.

Last week he was out saying $MRVL ( ▼ 9.21% ) is going to be a $1 trillion company (4x the price of it’s $250 billion market cap). The stock was already on fire and rose a quick 30 percent. It has given that back as of today’s price. Maybe it’s a bargain 🙂 !

The other day he was on CNBC saying “ You are buying SpaceX, Open AI and Anthropic early”. I would argue early if we measure TIME in market, but Jensen is completely disregarding valuation and this may not age well...

I have been long $SMH ( ▼ 2.65% ) (the semiconductor index) a long time so I am rooting for higher prices myself, but it feels rather frothy and irresponsible all of a sudden (Ihave a few hedges this week and last and sold some of the ETF the last few weeks which I have been detailing on Stocktwits).