2 ideas from this batch

Meta announces cloud business while Mag 7 reels from AI spending fears — catch-up long on Meta

The Mag 7 have shed $2.3 trillion in June primarily because investors can't see the return on massive AI infrastructure spending. Meta is directly addressing that fear by launching a cloud business, which gives investors a tangible revenue

Chip stocks stumbled out of the Q3 gate after a record quarter — but Goldman says capex is powering the bull — buy the dip on Micron

Chip stocks had a historic Q2, adding $2 trillion in value as the AI boom broadened beyond Nvidia. But the very first day of Q3 saw a sharp reversal — Micron dropped 11%, wiping out $200 billion. The key question is whether this is the star