“desktop”:”decimal” | Investor Signals

Ai Coins: Special Review

Posted on December 1, 2024 | by Leon Hinde | Leave a Comment

1. NEAR Protocol (NEAR)

Purpose: NEAR is a decentralized application (dApp) platform designed to make blockchain-based apps user-friendly.
AI Relevance: NEAR supports AI integration for scalable and efficient dApps, enabling machine learning and data-driven applications in decentralized environments.

2. Artificial Superintelligence Alliance (FET)

Purpose: The Fetch.ai (FET) platform focuses on creating decentralized AI solutions using blockchain for automation and optimization.
AI Relevance: Fetch.ai enables autonomous agents powered by AI to perform tasks like supply chain optimization, smart city infrastructure, and decentralized marketplaces.

3. BitTensor (TAO)

Purpose: BitTensor is a decentralized machine learning network where users can share and trade AI models.
AI Relevance: It incentivizes AI developers to contribute and improve the network’s collective intelligence through a blockchain-based token economy.

4. Render (RNDR)

Purpose: Render is a decentralized GPU rendering network that provides computational power for graphics and AI workloads.
AI Relevance: It supports rendering AI-driven visualizations and simulations by enabling access to GPU resources on the blockchain.

5. The Graph (GRT)

Purpose: The Graph is an indexing protocol that enables efficient querying of blockchain data.
AI Relevance: Its indexing services are used by AI and machine learning projects to quickly retrieve structured blockchain data for training and analytics.

6. Virtuals Protocol (VIRTUAL)

Purpose: Virtuals Protocol is focused on decentralized metaverse and AI technologies.
AI Relevance: It provides AI-powered tools to enhance virtual environments, including digital identities and autonomous avatars.

7. AIOZ Network (AIOZ)

Purpose: AIOZ is a decentralized content delivery network (CDN) that leverages blockchain for efficient media delivery.
AI Relevance: AI is used within the network to optimize content distribution and enhance streaming quality for end-users.

8. Akash Network (AKT)

Purpose: Akash Network is a decentralized cloud computing platform that offers flexible and cost-effective computation.
AI Relevance: It provides infrastructure for running AI workloads, machine learning models, and other resource-intensive processes.

9. Grass (GRASS)

Purpose: Grass focuses on decentralized AI services, offering solutions for digital resource management and automation.
AI Relevance: It supports the deployment and monetization of AI algorithms and tools for various applications like agriculture and automation.

10. Arkham (ARKM)

Purpose: Arkham is a blockchain intelligence platform that specializes in on-chain data analytics.
AI Relevance: It uses AI to track and analyze blockchain transactions, providing insights into market movements and financial patterns.

These projects represent a convergence of AI and blockchain technologies, addressing a variety of use cases, from decentralized computing to AI-powered analytics and automation. Let me know if you’d like a deeper dive into any specific coin!

Best Overall Technology

If we consider AI-specific technology, BitTensor (TAO) stands out for its unique approach to incentivized AI model collaboration, which is foundational for decentralized AI ecosystems.

For general-purpose AI and blockchain integration, Fetch.ai (FET) leads with its versatility and real-world use cases.

For infrastructure and scalability, Akash Network (AKT) and NEAR Protocol (NEAR) are highly robust, depending on whether you prioritize computing or dApp development.

Key Insights from the Table

BitTensor (TAO): $4.79 billion.

24-Hour Trading Volume: A high trading volume indicates strong investor activity.

Fetch.ai (FET): $1.387 billion (highest trading volume among the coins in the list).

NEAR Protocol (NEAR): $853 million (second-highest).

Virtuals Protocol (VIRTUAL): $454 million.

7-Day Price Change: Significant price gains over 7 days indicate growing investor demand.

Virtuals Protocol (VIRTUAL): 178.9% (largest 7-day gain).

AIOZ Network (AIOZ): 34.6%.

Grass (GRASS): 46.5%.

Market Cap: Higher market caps suggest established projects with significant investor backing.

NEAR Protocol (NEAR): $8.4 billion (largest market cap in the list).

Fetch.ai (FET): $4.9 billion.

Micron is up 134%

Posted on July 8, 2024 | by Leon Hinde | Leave a Comment

MU:NAS was added to our model portfolio in March 2023 at $56 and is now up 134%. We recommend watching for the next Algo Engine buy signal.

Micron reported 50% sequential data center revenue growth in Q3, driven by AI demand. The company is well-positioned to benefit from the CHIPS Act and plans to expand its manufacturing.

Intel Corporation

Posted on June 7, 2024 | by Leon Hinde | Leave a Comment

Intel Corporation – Common is under Algo Engine buy conditions.

The launch of Intel’s Gaudi 3 AI accelerator and the reorganization of its foundry business are positive signs for future growth. During the first quarter, Intel’s revenues increased by 8.5% Y/Y to $12.7 billion.

The launch of Intel’s Gaudi® 3 AI accelerator in Q3, which appears to be more powerful than NVIDIA’s flagship H100 GPU, should also help the company improve the performance of its data center business, revenue to total $56 bln (+3% y/y) in 2024, and jump to $65.3 bln (+17% y/y) in 2025. Adjusted EBITDA is set to total $13.8 bln (+7% y/y) in 2024, and rocket to $20.3 bln (+47% y/y).

Intel’s revenue structure

Effective from 1Q 2024, the company modified its segment reporting, with revenue now coming from the following business units:

1. Intel Products

Client Computing Group (CCG)
Data Center and AI (DCAI)
Network and Edge (NEX)

2. Intel Foundry

Intel Foundry Services (IFS)

3. All other

Altera
Mobileye
Other

Client Computing Group (CCG) – this segment generates about half of the company’s revenue. It supplies central processing units for desktop PCs and notebooks.

Data Center and AI (DCAI) – The key products in this segment are CPUs, GPUs and Gaudi AI accelerators.This segment has accounted for just under 30% of the company’s total revenue in recent years

Intel’s revenue structure: Intel Foundry

Intel Foundry – the segment that includes chip manufacturing for Intel’s own needs as well as for external customers. Intel entered the market of contract manufacturing of semiconductors in 2021 as Intel Foundry Service (IFS) to capitalize on the growing demand for foundry capacity. To provide transparency in the segment’s operations, the company in its reporting separates revenue generated from external customers and revenue from inter-segment sales within Intel. As of the end of 2023, revenue from external customers totaled $953 mln (+96% y/y), or 5% of total IFS revenue of $18.9 bln (-31% y/y).

Even though IFS revenue from external customers is relatively small, Intel has ambitious plans to expand the plants by investing its own funds and with the help of government subsidies (Under the CHIPS Act the US government has given Intel $8.5 bln in grants and the option to draw $11 bln in federal loans).

Nvidia

Posted on May 27, 2024 | by Leon Hinde | Leave a Comment

NVIDIA Corporation – Common Q1 earnings produced record revenues and profits as the Data Center business continued to grow rapidly. The company announced a ten-for-one stock split. Nvidia shares are now trading at 40x forward earnings.

Boss Energy

Posted on May 2, 2024 | by Leon Hinde | Leave a Comment

ASX:BOS announced the first uranium in the drum at the Honeymoon project, with production to commence from Alta Mesa in May. Strong uranium prices also support the share price.

US Interest Rates

Posted on March 22, 2024 | by Leon Hinde | Leave a Comment

The Fed Decision

The Fed kept rates on hold between 5.0% and 5.25%, in-line with market expectations. As for Powell’s commentary, here are some of his key comments:

Rate outlook: “We are prepared to maintain the current target range for longer if appropriate … If the economy evolves going forward, the appropriate level of the federal funds rate will be 4.6% at the end of this year, 3.9% at the end of 2025 and 3.1% at the end of 2026.”
Rate outlook: “We believe that our policy rate is likely at its peak for this time in the cycle.

Overall – The Fed still seeks greater confidence inflation is moving sustainably down before making its first rate cut.

Atlassian

Posted on February 18, 2024 | by Leon Hinde | Leave a Comment

TEAM:NAS is under Algo Engine buy conditions.

First Quarter Fiscal Year 2024 Financial Highlights:
On a GAAP basis, Atlassian reported:

Revenue: Total revenue was $977.8 million for the first quarter of fiscal year 2024, up 21% from $807.4 million
for the first quarter of fiscal year 2023.
Operating Loss and Operating Margin: Operating loss was $18.9 million for the first quarter of fiscal year
2024, compared with operating loss of $34.0 million for the first quarter of fiscal year 2023. Operating
margin was (2)% for the first quarter of fiscal year 2024, compared with (4)% for the first quarter of fiscal year
2023.
Net Loss and Net Loss Per Diluted Share: Net loss was $31.9 million for the first quarter of fiscal year 2024,
compared with net loss of $13.7 million for the first quarter of fiscal year 2023. Net loss per diluted share
was $0.12 for the first quarter of fiscal year 2024, compared with net loss per diluted share of $0.05 for the first
quarter of fiscal year 2023.
Balance Sheet: Cash and cash equivalents plus marketable securities at the end of the first quarter of fiscal
year 2024 totaled $2.2 billion.

Financial Targets:
Atlassian is providing the following financial targets that do not include any impact from the Loom acquisition, which is
expected to close in the third quarter of its fiscal year 2024, subject to customary closing conditions and required
regulatory approval:
Second Quarter Fiscal Year 2024:

Total revenue is expected to be in the range of $1,010 million to $1,030 million.
Cloud revenue growth year-over-year is expected to be in the range of 25.5% to 27.5%.
Data Center revenue growth year-over-year is expected to be approximately 33%.
Gross margin is expected to be approximately 81.0% on a GAAP basis and approximately 83.5% on a nonGAAP basis.
Operating margin is expected to be approximately (7.5%) on a GAAP basis and approximately 21.0% on a nonGAAP basis.
2
Fiscal Year 2024:
Cloud revenue growth year-over-year is expected to be in the range of 25% to 30%.
Data Center revenue growth year-over-year is expected to be approximately 31%.
Gross margin is expected to be approximately 81.0% on a GAAP basis and approximately 83.5% on a nonGAAP basis.
Operating marg

Palantir

Posted on February 7, 2024 | by Leon Hinde | Leave a Comment

PLTR:NYS shares were more than 30 per cent higher after the company reported big demand for its artificial intelligence technology and gave a higher-than-expected profit outlook for 2024.

Wedbush Securities called Palantir “an undiscovered gem and a core part of our thesis in the AI Revolution just now taking shape across the tech world”. Wedbush said it believes Palantir is on track to be included in the S&P 500.

FY 2023 Highlights

Revenue grew 17% year-over-year to $2.23 billion
Commercial revenue grew 20% year-over-year to $1.0 billion
- US commercial revenue grew 36% year-over-year to $457 million
Government revenue grew 14% year-over-year to $1.2 billion
GAAP net income of $210 million, representing a 9% margin
GAAP income from operations of $120 million, representing a 5% margin
Cash from operations of $712 million, representing a 32% margin
Adjusted free cash flow of $731 million, representing a 33% margin
Adjusted income from operations of $633 million, representing a 28% margin

Mega-cap US tech: Earnings Analysis

Posted on February 3, 2024 | by Leon Hinde | Leave a Comment

Mega-cap US tech stocks Microsoft, Alphabet, Amazon, and Meta all reported this week.

Reneue scoreboard: Year-over-year growth Microsoft +18%, Meta +16%, Amazon +12%, Alphabet +9%.

Microsoft

Alphabet

Meta delivered an incredible Q4 2023, generating $5.33 in GAAP EPS and $40.11 billion in revenue. META beat on the top and bottom lines, announced a $50 billion buyback authorization, and implemented a dividend program.

Amazon: Fourth Quarter 2023

Net sales increased 14% to $170.0 billion in the fourth quarter, compared with $149.2 billion in fourth quarter 2022.
Full Year 2023 Net sales increased 12% to $574.8 billion in 2023, compared with $514.0 billion in 2022.
North America segment sales increased 12% year-over-year to $352.8 billion.
International segment sales increased 11% year-over-year to $131.2 billion.
AWS segment sales increased 13% year-over-year to $90.8 billion.
Operating income increased to $36.9 billion in 2023, compared with $12.2 billion in 2022.
AWS segment operating income was $24.6 billion, compared with operating income of $22.8 billion in 2022.
Net income was $30.4 billion in 2023, or $2.90 per diluted share, compared with a net loss of $2.7 billion, or $0.27 per diluted share, in 2022.
Free cash flow improved to an inflow of $36.8 billion for the trailing twelve months, compared with an outflow of $11.6 billion for the trailing twelve months ended December 31, 2022.

Honeywell