$NHI

Insider Purchases Last Week. Nvidia Ignites Massive CAPEX Expansion

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Something significant is happening when staid Dell Technologies is up 31% on its latest quarterly earnings. A giant uptick in capex spending is underway, and it is directly attributable to the stampede to embrace AI.   After a year or more of belt-tightening in tech spending, that moment has arrived, almost all at once, when companies realize they have to invest in AI or be disrupted or obsoleted by a Chatbot, robot, or some version of machine learning.  The architect behind this 20-year evolution is Nvdia. The lion’s share of the spend goes toward NVIDIA’s H100 or L40S GPUs — GPU Server For Deep Learning. … Read more

Insiders Retreat and Turn into Sellers Week Ending March 27th

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The Washington Service reports insider buying ratio at the highest level they’v recorded since the Great Recession in the fall of 2008 and the retest in 2009.. They look at a 30 day moving average ratio of insider buys to sells.  All previous markets have sharply rebounded when this occurred. Is this time different? We track insider purchases over $200K very carefully and accurately. Last Friday there were only six buys over $200k and 145 sells.  It seems even insider buying is now rolling over.  That is likely because as we near the end of the quarter, most insiders are … Read more