$Western Digital(WDC)$$Micron Technology(MU)$$Seagate Technology PLC(STX)$ Hard drive prices are set to rise as Seagate, Western Digital and others are notifying customers of increases. The reason cited? AI increasing storage requirements and demand. Hardware integration companies can either eat the increased cost and see margin compression or pass it on (cost push inflation). This sort of thing is still happening in many areas of goods and services.
$Micron Technology(MU)$ Well how good does it get Micron getting 13.6 billion dollars in grants and loans from the government is indeed significant news that could potentially boost its growth and future profits. Such backing provides Micron with substantial financial support to invest in research, development, and expansion, enhancing its competitive position in the semiconductor industry. this sets MU up for huge growth and future profits no luck needed with backing like this what a buy opportunity
Unlike $Meta Platforms, Inc.(META)$ ‘s huge plunge after its Q1 earnings, $Alphabet(GOOG)$ surged 12% following a same strong Q1 performance, with overall revenue growth beating and a new high in profit margins, and accelerated capital expenditure on AI. Google rolled out a major action of "$70 billion buyback + dividend," towards its shareholders, which not only boosted market confidence but also reversed the lack of confidence in Google since the previous quarter. $Alphabet(GOOGL)$ Investment HighlightsAll major businesses exceeded market expectations. Total revenue was $80.5 billion, a year-on-year increase of 15.4%, surpassing the market consensus of $79 bil
Further rally for the B-Wave is expected as SPX likely terminated its short-term correction
Further rally for the B-Wave is expected as $S&P 500(.SPX)$$SPDR S&P 500 ETF Trust(SPY)$ likely terminated its short-term correction at today's 4990 low.Therefore, price should begin the final corrective leg up targeting 5110-5130-5150.Loss of 4953 would favor the C-Wave already beginning, however, targeting that 4820 [W4] termination range.ImageImageFrom yesterday's high and close, we expected that price completed the a-wave of the B-Wave ✅We then targeted the 5040-5005 range for the decline🎯Price gapped down lower a bit lower than expected, which only benefited us 🔥ImageImagehttps://twitter.com/TriggerTrades/status/1783640547271364683
Decoding Market Breadth: The NDX McClellan Oscillator Jumps 110 points in three sessions
This oscillator is used in the stock to measure the balance between advancing and declining stocks (A Market Breadth Indicator).It jumped from -100, a very oversold condition, to +8.5, with price action showing weaknesses and a potential bearish reversal.Divergences occur as with any oscillator, see the sequence of orange and green circles, both colors reflect a bottom in the index and in the oscillator, the green one is the lower price coherent with a higher low in the oscillator.The recent bounce in the oscillator is comparable to previous ones (blue rectangle), and Nasdaq100 set a bearish reversal candle, so there are key levels to maintain, otherwise a bearish divergence would be in play and lower lows in price could be brewing: $Invesco QQQ(QQQ)$<
Market Overview: $Alphabet(GOOG)$$Alphabet(GOOGL)$ : The third attempt is being the charm, the more a line is tested... $161 was successfully jumped, with a gap tough. $167 is the new support. $Amazon.com(AMZN)$ : Nice attempt to fill the gap at $159.7, but that moved has been postponed by its Magnificent colleagues. $Microsoft(MSFT)$ : Resuming its trip to $433, a resistance during 5 weeks as studied in Newsletter. $416 has to be defined, if it rejects price tomorrow, $402 continues as support. $Apple(AAPL)$ : Continues moving constructively, 50DMA is the key level to overcom
$S&P 500(.SPX)$$SPDR S&P 500 ETF Trust(SPY)$ First of all, $4983 acted as support today, remember that was a key line to watch last week. Price bounced and bullish continuation is expected, a couple of observations:✅4990 is a Fibonacci line studied yesterday, the confluence of S/R and Fibs makes the support stronger✅$5029 was recovered quickly✅125DMA sits today at $4845 and the uptrend continues✅The weekly 20MA is consolidated✅A Harami or inside weekly candle is in progress as mentioned during the weekend in newsletter.✅People waiting at 4600 may stay there for a while.Straight line to ATH?Not just yet, $5110 has to be conquered and there is an imminent bearish crossover in Moving Averages.Imageht
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Hi, Tigers!Welcome to Daily Discussion! This is the place for you to share your trading ideas and win coins!Click here to join the Topic & Win coins >>[Rewards]We will reward you with 50 Tiger Coins when you share your knowledge about stocks and markets here, depending on quality and originality.[Winners Announcement:25 Apr]1.Here are the 5 Tigers whose post has the best quality & interaction yesterday:Congratulations on being offered 50 Tiger Coins!MSFT: Ma
On Tuesday, $Tesla Motors(TSLA)$ reported one of the worst quarters I’ve seen in years and Elon Musk doubled down on products that don’t have a proven business model or track record (FSD and Optimus). As Elon Musk said, the auto company “should be thought of as an AI or robotics company“. 🤷 Investors overlooked the flat revenue, falling margins, and negative free cash flow, pushing Tesla’s stock up 12.1% on Wednesday.24 hours later, $Meta Platforms, Inc.(META)$ announced a phenomenal quarter and doubled down on being a leading AI company…which it already is. The stock is down 12.8% as I’m writing.Season 6 What GIF by The Office Does Anything Matter?Speculation and FOMO are back and it’s impossible t
Today’s deep dive is on $Alphabet(GOOG)$$Alphabet(GOOGL)$ . Not all asymmetric investing opportunities come from small, fast-growing companies; in this case, I see a big, powerful company with outsized growth opportunities in a few important markets.Why Alphabet? In < 100 WordsBuying Alphabet is a combination of buying one of the best business models in the world and the brightest technical minds.Search is the financial powerhouse that’s arguably the best business model ever invented and it lays the foundation for future growth opportunities in artificial intelligence, streaming, and autonomous driving.Like $Apple(AAPL)$ a decade ago, a combination of steady
1. $Alphabet(GOOG)$$Alphabet(GOOGL)$ with a strong quarter. Initiates dividend.1Q YoYRevenue +15%Net Income +57%Dil. eps +61%OCF +23%FCF -3% (Capex doubled to $12 B (!)Initiates a $0.20 quarterly dividendApproves new $70 B buyback progrM $Meta Platforms, Inc.(META)$ yesterday: "2024 capital expenditures will be in the range of $35-40 billion"Market reaction: excessiveCapex last 12 months: $Microsoft(MSFT)$ $39.5 billion ($11 B this quarter)GOOG $38.0 billion ($12 B this quarter)Zuckerberg just needs to move the earnings call after these 2.2. $Altria(MO)$ another quarter of doubl
1. $Meta Platforms, Inc.(META)$ I have never owned META (my mistake) but if shares keep dropping I will be very intrigued.Zuck has proven to be the best, most motivated founder of his generation.Why is the market worried about AI investment? The last time Meta invested heavily in new products (Stories and Reels), cash flow dropped like a rock. But long-term...ImageI you think Mark Zuckerberg is going to spend $40 billion on capex and be reliant on Jensen Huang for all of the chips he needs you are sorely mistaken.Meta's custom AI chips will be the story of the next 3 years.2. $Alphabet(GOOG)$$Alphabet(GOOGL)$ Spotlight on Sept. 23, 2023 at $132.17/share.After h
A Whimsical Dive into Long-term Stocks: PayPal, Shopify, Berkshire Hathaway
As an adventurous investor, I’ve spent more time navigating financial markets than I have navigating traffic on the freeway during rush hour. Today, I want to shed some light on three long-term stocks that have piqued my interest, akin to how a well-brewed cup of Earl Grey piques my morning senses—PayPal, Shopify, and Berkshire Hathaway. But before we dive into the financial jargon, let’s remind ourselves that investing is a bit like a rollercoaster ride: it's exhilarating, unpredictable, and occasionally induces a touch of nausea. Global Vision: Navigating Markets with Technological Insight PayPal: A Cash Machine with a Slight Case of the Hiccups Analysts are moderately bullish on PayPal Holdings ($PayPal(PYPL)$), with a consensus rating of Moder
1.$Alphabet(GOOG)$$Alphabet(GOOGL)$ Google Cloud at a ~$38B run rate growing 28% (not constant currency). Google cloud includes GCP and GSuiteQuarterly YoY growth trends in below chart.ImageBelow is an estimate of net new ARR added over the last few quartersImageYoY growth trends in net new ARR per quarterImage2. $Microsoft(MSFT)$ Azure at a ~$76B run rate growing 31% constant currencyQuarterly YoY growth trends below. Also shown estimated growth ex AI services for last couple quarters (maybe they'll disclose Azure AI on the call, but it wasn't in press release) ImageOne of my favorite charts - this shows the Quarterly absolute change in revenue YoY. So the mos
These Oil Stocks Should Benefit From Continued Secular Tailwinds
Dividend Stocks We Like: $Civitas Resources(CIVI)$ – 8% YieldR $Riley Exploration Permian(REPX)$ – 5% Yield $Suncor(SU)$ – 4% Yield $Exxon Mobil(XOM)$ – 3% YieldGrowth Stocks We Like: $VITAL ENERGY INC(VTLE)$$Ring(REI)$ The oil industry remains attractive due to the steady growth in demand, particularly with China and Europe in recovery mode. Global demand for crude oil is expected to rise consistently, with a preference for crude oil over natural gas, especially in the United States. Natural gas supply tends to be affected by crude oil p
Q: What is Gilead Sciences (GILD) Q1 2024 Earnings Call Transcript Summary?
TigerGPT Answer: Here are the specific viewpoints from the earnings call: Bullish Points: 1. Total product sales, excluding Veklury, grew 6% year over year to $6.1 billion. 2. HIV product sales grew 4% year over year. 3. Oncology product sales were up 18%, driven by Trodelvy and transformative cell therapies. 4. Non-GAAP diluted EPS of $1.82 for the first quarter, which is above expectations. 5. Filed for regulatory approval of seladelpar for primary biliary cholangitis with FDA and EMA. 6. Initiated Phase 3 trials for bictegravir and lenacapavir in HIV treatment. 7. Nine consecutive quarters of year-over-year growth for the base business. 8. Biktarvy remains the leading regimen for HIV treatment with sales up 10% year over year. 9. Robust growth in