NVIDIA Leading The Nasdaq Higher – InsideArbitrage Friday Wrap

  • May 26, 2023

FRIDAY WRAP

Our list of curated tweets for the current week

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Special Situations

$PDCE $CVX Chevron's PDC Energy deal a surprise, may see regulatory scrutiny


Also, it's going to be funny if $oxy comes in and offers a higher premium for $pdce.


Good map of $pdce and $cvx overlap, along with breakout of PDC Energy production by basin.


$NNDM Nano Dimension Launches $18.00 Per Share All-Cash Special Tender Offer


And Mizuho is buying $GHL at a 140% premium


$VECT Ironwood to acquire VectivBio for $17/share, or $1.2bn $IRWD


Microsoft appeals UK decision to block Activision acquisition - reports


Microsoft $MSFT evaded a potential early legal obstacle in its $69 billion deal to acquire "Call of Duty" maker Activision Blizzard $ATVI


$TGNA Tegna announced a $300 million accelerated share repurchase program and a 20% increase in its quarterly dividend.


Byron Allen says he’s interested in Tegna and doesn't see financing as an issue


Choice Hotels is seeking to buy Wyndham Hotels & Resorts, in deal that would create one of the biggest budget hotel owners in the country.


$YELP (+11.5% pre) Activist Investor Calls on Yelp to Explore Sale


Avid Technology, a provider of video and audio editing software and equipment to filmmakers and recording studios, is exploring a potential sale


Bunge shares rise after reports of merger talks with Viterra


As Glencore’s grain trading unit Viterra embarks in merger talks with rival Bunge


It’s an open secret in Silicon Valley that the two best CFOs in the industry are Luca Maestri (Apple) and Zane Rowe.


Rahul Ghai, who helped with the elevator maker Otis' spin-off in 2020, will take over as CFO of GE ahead of that company's plans to spin-off its energy portfolio.


Berkshire is increasing its stake in Occidental Petroleum, while recently reducing its holding of Chevron.


O'Reilly Auto increases repurchase authorization by an additional $2.0 bln


Japan’s shareholder yield – the dividend yield plus the buyback yield – now exceeds the S&P 500.


Share #Buybacks Continue at Torrid Pace While Investors Sit on Sidelines


Synopsys shares hit 52-week high after accelerated share repurchase agreement


MetLife $MET 51.04, +0.79, +1.6% announced $19.2 billion risk transfer transaction


Investing

 

How to find great companies


Dont follow the crowd looking for great companies.


PayPal has overtaken Intel as the worst company in history.


Euclidean Technologies – A Value Oriented AI Powered Fund


anyone ever seen something like this before? a creditor to $RYAM basically torching the stock


An example of how the most obvious business insights (Manhattan CRE was in a bad spot) are not reflected in the market for over a year.


Bought $PFE December 2025 $50 Call Leaps


Any compelling Macy’s $M pitches recently?


And here we sit at $9.5B market cap w $30B rev. When is this oversold?


CNBC reports that JPMorgan is developing a ChatGPT-like artificial intelligence platform


Microsoft’s president is backing calls for the U.S. government to create a new agency to license major artificial-intelligence systems amid growing support for regulation of the industry


Here are the 10 most overbought stocks according to FactSet.


One of the most wild charts I’ve ever seen


Earnings

Some of these small caps names are creating so much room for earnings upside & multiple expansion over the coming years.


$NTDOY FY23 Summary


Nvidia close to becoming first trillion-dollar chip firm after stellar forecast


Jensen Huang co-founded $NVDA 30 years ago, in Apr-1993, and after 30 years he’s still the CEO.


$NVDA will not stop at selling picks & shovels for the LLM gold rush.


Today’s US price action is another reminder that this year’s favorable equity market performance is still about a handful of tech stocks.

 


The U.S. Economy

Fed's Collins open to pausing rate hikes at June meeting


SUMMARY OF FED MEETING MINUTES


U.S. JOBLESS CLAIMS RISE 229,000; EST. 250,000; PREV. 225,000


It's looking more and more like we are going to get another rate hike in June.