$Apple(AAPL)$ surged 4.3% in a day! Market cap increased by $112 billion in a single day, the best day since May 5, 2023.The sudden surge follows the news that Apple is planning a major upgrade to its Mac product line with an M4 chip that integrates advanced AI technology.It is also considering increasing the maximum supported memory of its high-end Mac Pro to 512GB, reflecting Apple's emphasis on high-performance computing needs. In yesterday's trading, Apple reversed the bearish trend on Wednesday and rebounded directly to the next support/resistance level at $175 and filled the gap in early March. On Wednesday, Apple dropped to $167, very close to the key support level of $165.After experiencing three months of continuous decline, has Apple saf
$Palantir Technologies Inc.(PLTR)$Longs let's hope the execution strategy by OpenAI with Karp-Palantir would lead to a multibillion dollar source of revenue in the long term, in addition to tapping of Oracles 730K customers globally, along with Azure, AWS, $Alphabet(GOOG)$ and more. Most particularly, Kudos to the exploding demand of AIP/Foundry, Gotham upgrade I anticipate with overall higher than expected demands of Palantir products both commercial and governments both domestically and internationally. Price Target $85 year end-truly yours.[Miser][Miser][Miser]Now lets hunt some bears!warning big cat GIF by Feliks Tomasz Konczakowski
[Events] What is your favorite book that you've read so far? And why?
Hi TigersWe would like to invite you to share your favorite book that you've read so far? And why?📖 We have prepared coins and gifts for you. 💰🎁What book holds the key to your literary heart? 📚💖 Share with us your favorite book and let its words dance upon the canvas of our imagination. 📢How to participate?Comment on this post or Make a post in the topic page>> To participate, simply answer the questions below:What is your favorite book that you've read so far? Provide the title and author of the book.Why is this book your favorite? Explain why this book resonates with you, what aspects
If you are up here sale and lock in your profits. Think about it. The stock/company is in transition and its bearish. arora is on trial and is suspect to everyone except paid shill Jim Cramer. Jim is usually a bad sign in case you don't know. $Palo Alto Networks(PANW)$
$Apple(AAPL)$ Apple shares climbed 4.3% on Thursday to a share price of $175.04. It is Apple’s best day since May 5, 2023. Apple’s rise came during a strong day for technology stocks, especially those in artificial intelligence, as the Nasdaq Composite rose 1.77%. ⚠️ Trading tips: looking at calls above 175 and puts below 173 on Friday. There could be a dip buy opportunity between 173-175 from profit taking of swing positions. Consumer sentiments data at 10am so beware it may shake it off, I shake it off (hoo-hoo-hoo)… by Taylor Swift. Overbought territory with some room ahead 😉 Apple is preparing to overhaul its entire Mac line with a new family of in-house processors designed to highlight artificia
"Inflation and Earnings Season Dominate Market Focus"
Yesterdday's attention was drawn to the latest inflation data and remarks from Federal Reserve officials, setting the stage for the upcoming earnings season, which kicks off with major U.S. banks reporting their first-quarter results. Inflation Insights Producer Price Index (PPI): The March PPI came in lower than expected, rising by 0.2% from February, against economists' forecasts of a 0.3% increase. While the PPI remains 2.1% higher than a year earlier, recent months have shown more subdued inflation at the wholesale level compared to consumer price indexes. Inflation Federal Reserve's Concern: Comments from regional reserve bank presidents, including New York's John Williams, Richmond's Thomas Barkin, and Boston's Susan Collins, acknowledged the recent hotter-than-expected inflatio
Long term FTW! Been holding since 2021 when thestock just splitted at 180-190 range. This is definitely a stock to hold for long. With the unavoidable use of GenAi in the near future, GPUs and the techs that $NVIDIA Corp(NVDA)$ has (or even maybe hidden up its sleeves), we see that demand is far exceeding the current supply. With that in mind, it is coupled and proven with outof this world Financials (Numbers don't lie), it is there for the Upwards trajectory. 📈 Continue holding and take perhaps some profits along the way, invest and invest within your means. (Do not gamble in markets like these) Understand the underlying fundamentals and read up on companies and what they do!!
$Amazon.com(AMZN)$ Here’s the deal. If you think about it AMZN has been around for over 20 years and only now it gets added to the Dow. Think about that. Why would a company that has already grown so much be added to the Dow only now? Do you think it gets added because it’s expected to go down and in return drag the Dow down? No! It’s added because it’s expected to grow even larger! Hold on boys and girls this puppy is only getting started!!
$Amazon.com(AMZN)$ It shouldn't have been at $84. In the last year its free cash flow has gone from -$12.8B to +$35.5 (up nearly $50B). The Free Cash Flow is estimated to be almost $60B this year and climb to $100B in 2026. You can stare at it like you are - in hindsight - or you can view it based on what is coming in the future. How much would you value a company making $100B in free cash flow? Well, it's easy to value - simply look at Apple's market cap. It makes $100B in free cash flow (but has negative growth) and the market still values it $2.8 - $3 Trillion. Amazon isn't even valued at $2T. How many times can I lead you to water before you get it and take a drink?
Ibit doubled in a month 🐂🐂🐂I think will double again with this rap
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The Fed's efforts to lower inflation seem to have encountered not a small pit, but a real roadblock, and the market has to reflect on this year's interest rate cut forecasts. Recent report shows that the core inflation rate exceeded economists' expectations for the third consecutive month. The core CPI increased by 0.4% month-on-month and 3.8% year-on-year. The increase was the same as the previous month. Futures market prices show investors believe fewer than two rate cuts are likely this year. Although the dot plot shows a slim majority of Fed officials predicting three interest rate cuts this year, stagnant progress in reducing inflation may not only delay the timing of interest rate cuts, but may even limit the ability to cut interest rates. Even if the inflation rate can drop to a mor
Morgan Stanley Stock Dips Ahead of Earnings Report
Financial services giant $Morgan Stanley(MS)$ has seen its stock price decline over 5% in the lead-up to its first-quarter 2024 earnings report, scheduled for release on Tuesday, April 16th. MS Daily Chart Morgan Stanley's wealth management arm is currently under investigation by multiple regulators, including the U.S. Securities and Exchange Commission (SEC) and the Office of the Comptroller of the Currency (OCC). Regulators are scrutinizing the bank's procedures for vetting new clients, including verifying their identities and the sources of their wealth, as well as how it monitors their financial activity. Some of these probes reportedly focus on international clients. Investors are reacting to the regulatory scrutiny by offloading their Morgan S
$Micron Technology(MU)$ Micron Technology has reported a swift recovery from the April 3, 2024 earthquake in Taiwan, with no lasting damage to facilities or long-term DRAM supply capabilities. The company’s team members are safe, and its investments in infrastructure resiliency are paying off, resulting in a well-managed restoration of DRAM production. Micron anticipates the earthquake may affect a mid-single digit percentage of their quarterly DRAM supply. The Micron stock price gained 4.35% on the last trading day (Thursday, 11th Apr 2024), rising from $122.20 to $127.51. The stock lies in the upper part of a very wide and strong rising trend in the short term. It holds buy signals from both short and long-term Moving Averages giving a posit
🌟🌟🌟$XIAOMI-W(01810)$ launch of its new EV model SU7 has been a success and has gained more than 100,000 firm orders in just a few days after the sale started. According to Lei Jun, Xiaomi Founder, Chairman and CEO the number of locked in orders has exceeded 40,000. The first deliveries of the SU7 began on April 6 as well as Xiaomi EV stores in 28 Chinese cities. Xiaomi SU7 is offered in 3 versions - Standard, Pro and Max with starting prices of RMB 215,900 (USD 29,840), RMB 245,900 and RMB 299,900 respectively. Xiaomi is hoping to compete with Tesla's Model 3 with more features and lower pricing. Xiaomi SU7 is so popular that there is now a waiting period of 21 to 24 weeks for the standard ve
Huawei Unveils Electric Sedan and AI-Powered PC, Flagship Smartphone P70 Absent
TMTPost -- Huawei Technologies Ltd unveiled major developments of its co-developed electric sedan and an artifical intelligence (AI) model-powered personal computer, but the highly-anticipated flagship smartphone P70 has not shown up as expectation. Credit:Huawei The mass delivery of the Luxeed S7 electric sedan has started as every minute now sees a vehicle rolls off the production line, Yu Chengdong, chairman of Huawei Intelligent Automotive Solution Business Group, announced at an event of HarmonyOS ecosystem held on Thursday. Luxeed S7, an electric vehicle (EV) brand created by Huawei and Chery, is the first sedan featuring HarmonyOS under Harmony Intelligent Mobility Alliance (HIMA). Huawei also launched autonomous driving system Huawei ADS at the even
I opened $NIO 20240517 4.0 PUT$ ,NIO: sold new cash secured put on NIO at $4. Contract expires in 36 days on 17th May along with monthly expirations. Premium collection is 4.5% during this period. NIO seems to find its temporary support and setting the strike at about 10% lower for margin of safety. Nevertheless if NIO breaks down the $4 support then I’ll likely get assigned and that will lower down my holding average from current price.