Keep pulling the thread on Ryan Dietrich and Sanu Varghese.
Investment in information technology equipment and software now constitutes almost 5% of U.S. GDP, an increase from approximately 3% a few years ago.
Micron's management expects supply-demand conditions for both DRAM and NAND to remain tight beyond calendar year 2027.
Over the last 27 days, the S&P 493 has outperformed the Magnificent Seven by 18%, which is the largest outperformance spread since 2018.
According to the Bank of America Global Fund Manager Survey, "long global semis" is currently the most crowded trade in the market.
SK Hynix is planning a $29 billion listing in the United States.
Sanu Varghese argues that cash previously used by mega-cap tech companies for buybacks is now being redirected to capital expenditures for data centers.
Josh Brown predicts that if OpenAI and Anthropic go public, the market capitalization of new IPOs will approach the levels of the 1990s dot-com mania when adjusted for total market size.
Over the last three months, core services inflation excluding housing has been running at a 4% annualized rate.
Sanu Varghese believes the Federal Reserve will not hike rates despite having an inflation problem, effectively letting the economy "run hot."
Over the last three months, nominal personal consumption in the U.S. has grown at an 8.5% annualized pace.
Callie Cox of Carson Group believes that less transparency from the new Federal Reserve chair could lead to more uncertainty and volatility in the markets.
The current bull market, which began in October 2022, has lasted approximately 3.5 years and is the 8th longest since World War II.