Zacks Investment Ideas feature highlights: Bloom Energy, Micron, Nvidia, UBS and Moderna
AI stocks hit some of their worst drawdowns after hedge fund Situational Awareness, long in Bloom Energy and Micron with 4x leverage, gained 439% in the first half but slid nearly 70% in July, leading to record $35 billion losses. It sold its public book to Citadel for over $4 billion, fueling volatility. NVIDIA’s unmatched earnings growth and its roughly 39% share of hyperscaler spend could benefit as CAPEX is projected to jump 60% by 2028; UBS and Moderna are also highlighted.