Kevin Xu

AI Infrastructure & Neoclouds

Bottlenecks in power and compute are driving a massive rotation into vertically integrated infrastructure plays like IREN, which is pivoting from mining into AI cloud services.

• IREN (Iris Energy): Highly bullish sentiment with a $100 target by May; catalysts include the 1.4GW Sweetwater site energization and Microsoft partnerships.
• NVDA (NVIDIA): Deepening infrastructure ties via a $2.1B warrant agreement to purchase 30 million IREN shares at $70.
• Nebius (NBIS): Ranked as a top vertically integrated neocloud play, though currently underperforming IREN in short-term price momentum.
• HIMS (Hims & Hers): Positioned for a short squeeze ahead of May 11 earnings; regulatory shifts at the FDA favor their compounded GLP-1 model.

Macro & Equity Indices

Market participants are shunning cash for high-growth equity indices, with the S&P 500 projected to hit 10,000 by 2026 behind digital superintelligence gains.

• SPY (S&P 500 ETF): Unstoppable momentum toward all-time highs; historical data suggests avoiding cash to prevent long-term wealth erosion.
• Nasdaq 100 (NQ): Experiencing vertical, meme-coin-like price action, recently surging toward the 28,459 level.
• GOOG (Alphabet): Outperforming Big Tech peers META, MSFT, and AMZN post-earnings; positioned to potentially overtake NVDA in market cap.

Bitcoin & Prediction Markets

Leveraged bets on Bitcoin are migrating to prediction markets as investors seek asymmetric payouts on a move toward six figures.

• Bitcoin (BTC): Forecasted 10x move over eight years; Kalshi contracts offer 629% payouts for $100K by July 2026.
• Ethereum (ETH): Significant five-year underperformance relative to NVDA has led to calls for a strategic pivot toward AI integration.