
ANTHROPIC, SPACEX, AND META AI FINANCING DELUGE – MARKET HANDLING IS AN IMPORTANT DATA POINT
By Nigam Arora To gain an edge, this is what you need to know today. AI Financing Deluge Please click here for a chart of leverage semiconductor ETF (SOXL). Note the following: Semiconductors reflect the AI trade, and SOXL is the momo crowd’s favorite. The chart shows SOXL has crossed back into zone 3. Zone 3, which was previously resistance, has now become support. This is a positive. RSI on the chart shows SOXL is no longer oversold. There is as a deluge of financing for AI: Anthropic has filed for IPO. The proposed valuation is $1.5T – $2T. Broadcom (AVGO)






