/biz/ - Business & Finance

I urge everyone to go check out Jack Gamble's videos on this topic (latest 3): https://www.youtube.com/@NobodySpecialFinance
Some twitter accounts also covering this:
https://twitter.com/SamanthaLaDuc
https://twitter.com/kashyap286

Joe Brown also just dropped a podcast digging into the issue with Jack:
https://open.spotify.com/episode/1ro0eHY9zzehCxiKB0uRwx?si=7280eb5fae984d3b

>>56050315
Nvidia and friends found a way to inflate their money in a bad way during a bad time in the market, my bet is, Nvidia is going down taking the market with it, AI craze is over

I suggest posting an OP image of Nvidia, no one knows who Coreweave are outside of a few Twitter fags.
That said, I haven't done a lot of digging on this and I saw it posted on Twitter days ago but that Samantha woman. She did seem a bit low IQ (woman) and schizo but then it started getting picked up by other more credible Twitter fags. So idk at this point.

The fucking hilarious thing is NVDA is overvalued AF without any shenanigans. And they didn't actually need to get greedy for a couple extra billion. Like wtf. Why would they risk collapsing their share price over some retarded bullshit after going parabolic on the AI hype?
Seems fucking dumb but hey

I would own NVDA shorts at this point regardless of the Coreweave story, just saiyan. But if this actually topples NVDA that would be incredibly fucking funny too.

>>56050325
Btw all of these are nobodies.
Hopefully some more credible people will pick it up and it won't remain in the schizo realm of fintwit.
I do want this to be true but I also want a qt Jewish prostitute to suck my cock tonight. Not everything I want always happens.

>>56051085
agreed, I regretted the CoreWeave picture right after posting... this is pretty viral on twitter, but I didn't realize biz was so behind these days (come on boys)

I don't know much about Samantha, but Jack Gamble and Joe Brown are very credible.

I've looked into it and it's all true, however there's no telling whether anything here is illegal or if there will be any consequences (natural or legal). It's more of a fascinating ongoing case study of how our current business/finance culture and economy operate.... a big game that retail is not a part of

>>56050315
Meds, schizo. Also buy an ad.

>>56052386
care to explain what's schizo about this? and what's the "buy an ad" thing about?

>>56052607
It's a bot. A damage control bot. They always use the lines, shizo, med and two weeks as a discreditation strategy.

Anon you stumbled into a glow nigger money laundering operation

And if you are really interested into finding the culprits, MIT and Cornell
There is nobody on those campuses and from those campuses that doesn't deserves to have his skin peeled off alive.

>>56052669
>>56052736
Cope, I'm a bullish investor who hates when you faggots spread bullshit FUD. NVDA is an excellent company with incredible fundamentals and supplies the hardware end of the AI revolution.

>>56052893
>same talking points

I do agree NVDIA has a great product and the demand is strong (at the moment), but the point is there is major financial shenanigans going on

One possible explanation - CoreWeave's lenders are also holders of NVIDIA fluffed up earnings for exit liquidity.

Also would like to hear thoughts on using the chips as collateral for the loan. Obviously these GPUs will hold their value short term, but these seems insanely risky. As a software engineer who uses and builds with AI, I do think it's overhyped at the moment and things will slow down before another cycle. Also what happens when the next, better chip comes out? What about when more chip manufacturers like AMD join the party?

More on the history of the CoreWeave founders.

>be early 2000s
>get into carbon credit trading under name NatSource
>given regulatory leeway by CFTC (headed by Gary Gensler at the time
>set up dozens of shell companies in Cayman Islands to trade credits
>$$$
>same schemes used called out by Interpol years later
>be today
>Gary Gensler now head of SEC
>???
>$$$

wonder how deep this goes...

>>56052893
>bullish investor
>bullshit FUD
>incredible fundamentals
>AI revolution
NPC

>>56050315
I emailed a journalist I know the following:

> https://www.youtube.com/@NobodySpecialFinance/search?query=coreweave

> The unspoken allegation is that there might be insider trading by institutional investors are pumping nvidia by using coreweave as a cutout, perhaps to exit the stock after the pump while still retaining ownership in coreweave, while retaining a debt stake in a vertically integrated partial subsidiary acquired by nvidia.

>>56051962
>Jack Gamble and Joe Brown are very credible.
Nah I'm aware of them and they're literal who's. I used to watch Heresy financial years ago but the guy isn't credible enough to take seriously. But like I say that doesn't mean there isn't something here.
Also ignore the puts retard. He's a shill who comes into /smg/ with his unwanted takes whenever the market is slightly bullish. He's been quiet recently lol.
And yeah biz is a dumpster fire these days sadly. Anyone with a brain either left for fintwit or only comes here occasionally or for the /smg/ threads which are still somewhat decent.

>>56052893
You're not an investor you're a midwit who believes every slogan and buzzword you read in financial marketing.

>>56052893
Oh hi there, shill. If I remember correctly, you said you're bearish with NVDA now. Who's your handler paying you to keep shilling NVDA? You know fully well, it's overinflated and bound to crash.

should I do it bros?

>>56054666
They're definitely not well known, but they seem to have their own agenda, and I've gotten great information from them over the last few years. Out of curiosity, who are your gotos on youtube/twitter? Hard to find big names who don't have a narrative or something to sell.

>>56056130
you might want to check out the info posted in OP first, anon

>>56054627
nice work. I feel like its only a matter of time before ZeroHedge gets ahold of this

>>56056200
im just memeing, the business isn't interesting to me. The way AI is going, I'm not sure if there will be a big need for these services. Too early and too hard for me to tell so I'm just staying out of it. Meanwhile I put $2k into an app for autism.

>>56056283
based

>>56056200
>Out of curiosity, who are your gotos on youtube/twitter?
I tend to follow people with some proven real world credibility or people who clearly know their shit and a lot of investment types like Hugh Hendry, David Rosenberg, Lisa Abramowicz, Jim Bianco, Liz Ann Sanders (this one is very good), but I also follow a bunch of schizo Zerohedge/Jeff Snider /Emil Kalinowski types too.

bump

>>56056755
thx

>>56050315
i remember seeing nic cuckter invested in this

>>56059424
>pic related

it's funny because his background picture on twitter is literally a Big Short character based on a CDO salesman who worked closely with Magnetar to help them unload the BS they were betting against.

can't make this shit up

another possible theory:
NVIDIA is in back deal conversations with those behind CoreWeave and intends to buy CoreWeave to bootstrap it's own compute service.

>>56050315
i have a bunch of QQQ which is heavily in nvdidia should i sell? ai literally pulled the entire tech market up

>>56059483
hard to tell anon, this could go on for quite a while

ok gentlemen, i'm leaving for the weekend to go be white trash on a float trip. i will be back sunday or monday to keep pushing this story if no one else runs with it.

seriously go watch Nobody's videos about this if you have the time
https://www.youtube.com/@NobodySpecialFinance

>>56052976
So what? If fundamentals are strong shenanigans dont matter. Fact is everyone wants gpus but cant buy them because there aint the supply