ANET
Arista Networks
stock NYSE

Arista $ANET will beat on already recently raised revenue & lift guidance. Management has become better at operating amid supply chain constraints & every hyperscaler we’ve heard report recently has confirmed the AI buildout is very much still happening. Picks & shovels people

The move from California for Texas during the pandemic has been disastrous for the biggest names. Since Tesla moved to Texas on 12/2/2021, it's only really worked out for Chevron:
| Texas | Total Returns | vs. Benchmark |
|:--|:--|:--|:--|
| TSLA | (-13.92%) | (-88.87%) |
| ORCL | +53.84% | (-21.11%) |
| SCHW | +39.72% | (-35.24%) |
| CVX | +104.74% | (+29.79%) |
| S&P 500 | +74.95% | -- |
Meanwhile, each of California's [18 biggest companies](https://www.financecharts.com/screener/biggest-state-ca) have trounced the market besides Netflix. In fact, #19 was Sandisk, the absolute best performer in the S&P 500, but I stopped there because it wasn't even its own company until the beginning of 2025.
| Texas | Total Returns | vs. Benchmark |
|:--|:--|:--|:--|
| NVDA | +526.86% | +451.91% |
| GOOGL | +151.16% | +76.21% |
| AAPL | +92.95% | +18.00% |
| AVGO | +668.38% | +593.43% |
| META | +80.77% | +5.81% |
| AMD | +216.00% | +141.05% |
| V | +91.08% | +16.13% |
| CSCO | +135.97% | +61.02% |
| INTC | +96.47% | +21.52% |
| AMAT | +260.22% | +185.27% |
| LCRX | +365.15% | +290.19% |
| NFLX | +16.32% | (-58.63%) |
| PANW | +271.94% | +196.99% |
| WFC | +97.74% | +22.79% |
| KLAC | +375.06% | +300.11% |
| ANET | +485.17% | +410.22% |
| AMGN | +120.54% | +45.59% |
| WDC | +1171.18% | +1096.23% |
| S&P 500 | +74.95% | -- |

My account consist of: MU AMD NVDA APPL MSFT LOW HD PLTR BROADCOM ANET ORCL META TSLA INTC NFLX 

The largest verified purchase was not a CEO buying stock.
It was Sumitomo Mitsui Financial Group buying $318.72M of Jefferies shares.
Largest July purchases:
$JEF: Sumitomo Mitsui bought $318.72M
$TMC: Allseas Group bought $34.04M
$COE: Jack Huang bought at least $26.2M
$LIME: Uber invested about $20M in Neutron Holdings
$NTSK: ICONIQ-affiliated entities bought about $7.2M
The largest verified sale was Wang Xuning’s $401.19M sale of SharkNinja shares.
Largest July sales:
$SN: Wang Xuning sold $401.19M
$CELC: Baker Bros. sold $317.75M
$RKLB: CEO Peter Beck sold about $286.41M under a 10b5-1 plan
$ANET: Andreas Bechtolsheim sold about $135.97M under a 10b5-1 plan
$PBF: Control Empresarial sold about $49.51M
The cleaner executive purchases were much smaller:
$LILA: Michael Fries bought about $1.01M
$UUUU: Ross Bhappu bought about $967,920
$FELE: CFO Jennifer Wolfenbarger bought about $661,800
July’s biggest insider trades were not simple CEO buy or sell signals.
They were mostly founders, strategic shareholders, 10% owners, investment funds, and affiliated institutions moving large blocks of stock.

Arista $ANET will beat on already recently raised revenue & lift guidance. Management has become better at operating amid supply chain constraints & every hyperscaler we’ve heard report recently has confirmed the AI buildout is very much still happening. Picks & shovels people

The move from California for Texas during the pandemic has been disastrous for the biggest names. Since Tesla moved to Texas on 12/2/2021, it's only really worked out for Chevron:
| Texas | Total Returns | vs. Benchmark |
|:--|:--|:--|:--|
| TSLA | (-13.92%) | (-88.87%) |
| ORCL | +53.84% | (-21.11%) |
| SCHW | +39.72% | (-35.24%) |
| CVX | +104.74% | (+29.79%) |
| S&P 500 | +74.95% | -- |
Meanwhile, each of California's [18 biggest companies](https://www.financecharts.com/screener/biggest-state-ca) have trounced the market besides Netflix. In fact, #19 was Sandisk, the absolute best performer in the S&P 500, but I stopped there because it wasn't even its own company until the beginning of 2025.
| Texas | Total Returns | vs. Benchmark |
|:--|:--|:--|:--|
| NVDA | +526.86% | +451.91% |
| GOOGL | +151.16% | +76.21% |
| AAPL | +92.95% | +18.00% |
| AVGO | +668.38% | +593.43% |
| META | +80.77% | +5.81% |
| AMD | +216.00% | +141.05% |
| V | +91.08% | +16.13% |
| CSCO | +135.97% | +61.02% |
| INTC | +96.47% | +21.52% |
| AMAT | +260.22% | +185.27% |
| LCRX | +365.15% | +290.19% |
| NFLX | +16.32% | (-58.63%) |
| PANW | +271.94% | +196.99% |
| WFC | +97.74% | +22.79% |
| KLAC | +375.06% | +300.11% |
| ANET | +485.17% | +410.22% |
| AMGN | +120.54% | +45.59% |
| WDC | +1171.18% | +1096.23% |
| S&P 500 | +74.95% | -- |

My account consist of: MU AMD NVDA APPL MSFT LOW HD PLTR BROADCOM ANET ORCL META TSLA INTC NFLX 

The largest verified purchase was not a CEO buying stock.
It was Sumitomo Mitsui Financial Group buying $318.72M of Jefferies shares.
Largest July purchases:
$JEF: Sumitomo Mitsui bought $318.72M
$TMC: Allseas Group bought $34.04M
$COE: Jack Huang bought at least $26.2M
$LIME: Uber invested about $20M in Neutron Holdings
$NTSK: ICONIQ-affiliated entities bought about $7.2M
The largest verified sale was Wang Xuning’s $401.19M sale of SharkNinja shares.
Largest July sales:
$SN: Wang Xuning sold $401.19M
$CELC: Baker Bros. sold $317.75M
$RKLB: CEO Peter Beck sold about $286.41M under a 10b5-1 plan
$ANET: Andreas Bechtolsheim sold about $135.97M under a 10b5-1 plan
$PBF: Control Empresarial sold about $49.51M
The cleaner executive purchases were much smaller:
$LILA: Michael Fries bought about $1.01M
$UUUU: Ross Bhappu bought about $967,920
$FELE: CFO Jennifer Wolfenbarger bought about $661,800
July’s biggest insider trades were not simple CEO buy or sell signals.
They were mostly founders, strategic shareholders, 10% owners, investment funds, and affiliated institutions moving large blocks of stock.

Charts that aren't boomer stocks that actually look constructive right now: CRWD(all of cyber), MSFT, ANET, JPM, GE

I am new to to this so don't kill me but here is my analysis on micron after july 31st market close.
MU & MEMORY STOCKS — WHY IT FELL TODAY & WHY IT RECOVERS
━━━━━━━━━━━━━━━━━━━━━━━━━━
WHY IT FELL TODAY
━━━━━━━━━━━━━━━━━━━━━━━━━━
1/ GAMMA MASSACRE (Main reason)
Today = July 31 options expiry
$1.16B in contracts sitting at $900
Market makers SOLD MU to force it
below $900 so their calls expire worthless
→ MU dropped $75 in 90 minutes
→ Pinned at $840-848 all afternoon
→ ARTIFICIAL not fundamental
2/ THE IRONY
Every memory stock rallied today:
KOSPI +17.91% 🇰🇷 (record ever)
Samsung +27% | SK Hynix +30%
NVDA +2.16% | WDC +4% | MRVL +8.77%
MU = only stock that didn't rally ❌
Reason: expiry mechanics specific to MU
3/ PROFIT TAKING
After +30% moves in 24 hours
Normal Friday profit taking
Not a fundamental problem
━━━━━━━━━━━━━━━━━━━━━━━━━━
WHY IT RECOVERS NEXT WEEK
━━━━━━━━━━━━━━━━━━━━━━━━━━
1/ KOREA +17.91% (Record ever)
Largest single day KOSPI gain in history
Korean leverage unwind: COMPLETE
Government creating $14.5B sovereign fund
investing in AI + semiconductors
Monday: MU follows. No more pin pressure.
2/ SAMSUNG CONFIRMED (Supply side)
"Memory shortage deepening through 2028"
World's largest memory maker says:
cannot make enough chips ✅
3/ AMAZON CONFIRMED (Demand side)
AWS grew 36.7% — fastest in 18 quarters
CEO on earnings call:
"Surging memory chip costs adding billions"
$496B contracted backlog
Cannot get enough memory chips ✅
4/ MICROSOFT CONFIRMED
Azure 43% — beat 40% estimate
Crossed $100B annual run rate
AI cloud demand accelerating ✅
5/ THE EARNINGS CASCADE
Aug 4: Arista Networks (ANET) — 88% beat rate
Aug 5: Western Digital (WDC) — memory read-through
Aug 12: CPI report — rate hike clarity
Aug 20: Marvell (MRVL) — AI chips, 1 day before expiry
Each one = additional MU catalyst ✅
6/ SUPPLY + DEMAND BOTH CONFIRMED
Samsung (supplier): cannot make enough
Amazon (buyer): cannot get enough
Both sides saying the same thing
independently on the same day ✅
━━━━━━━━━━━━━━━━━━━━━━━━━━
THE BOTTOM LINE
━━━━━━━━━━━━━━━━━━━━━━━━━━
Today's drop = mechanical ✅
Thesis = stronger than ever ✅
Monday: no gamma pin
No leverage pressure
Pure fundamentals
Pure thesis
The patient investor wins 🚀

Big week. SNDK and WDC are going to be the ones I am concentrating on plus ALAB, ANET, OKLO.

ANET earnings