Rosenblatt on recent optical sector weakness from $AAOI to $LITE: "Stocks in the Optical sector have traded poorly for the last 1-2 months" due to CPO delay reports and China capacity scares. "We think short sellers... do not actually strongly believe in the thesis." Multiple short sellers told them they will likely close their positions... late July and early August. Further, they say they plan to buy Optical stocks in 2027 for the scale up CPO opportunity. Hilarious report on laser weakness, read is very positive for $SIVEF, $COHR, and others moving forward. I've been long on CPO sector, but seems like institutions want entry points, just a bit later on.

Rosenblatt: 'we think the weakness in $CRWV today provides a buying opportunity'. "Bloomberg reported today that $META Meta (META, Buy) was planning a cloud business to sell AI computing power. The story noted that the company is considering selling access to various AI models hosted on its existing AI infrastructure, as well as "raw" computing capacity, as part of its Meta Compute initiative. During their annual meeting (May 27), Meta CEO Mark Zuckerberg told shareholders leasing cloud computing business was possible if they overbuild their data center capacity, which at the time he indicated they had not. Additionally, questioning on Meta's 1Q results call was focused on the ROIC of their CAPEX, so we are not surprised by today's messaging from Bloomberg's "people familiar with the matter." Our checks show no change in hyperscale posture toward GPU compute procurement, with GPU shortages the norm right now across the industry. We also do not think that Meta has the right to resell any of the capacity that they have leased from CoreWeave through 2032 to third parties. Net-net we think the weakness in CRWV today provides a buying opportunity and are reiterating our Buy rating and $250 price target on the name."