Major U.S. equities indexes were mixed and little changed on Wednesday as Nvidia (NVDA) prepared to disclose quarterly results after the closing bell. After trading in negative territory for much of the day, stocks rallied in late trading Wednesday, putting the Dow Jones Industrial Average and S&P 500 into positive territory, as investors awaited the release of quarterly results from AI investor favorite Nvidia (NVDA). S&P 500 rebounded in the afternoon to close flat for the session. The afternoon rally helped lift the Dow to a daily gain of 0.3% higher to snap a four-session losing streak, while the NASDAQ ended 0.1% lower. The S&P 500 has now risen for three straight days, recovering some of the losses recorded last week as a big post-election rally fizzled. S&P 500

After $MicroStrategy(MSTR)$ complete its largest-ever Bitcoin purchase, we saw a surge in trading for this business intelligence software firm turned bitcoin trading proxy. On Wednesday, we saw that MSTR trading volumes in dollar terms surpassed those for assets like SPY, one of the largest exchange-traded funds on the market. MicroStrategy announced it purchased approximately $4.6 billion on Monday, its largest transaction series to date. The company, founded by Michael Saylor in 1989, has been executing a strategy of selling debt to fund its bitcoin purchases for years. It also buys bitcoin using cash generated from its traditional business.  On Monday, MicroStrategy upsized a previously announced convertible senior note offering to $2

$PDD Holdings Inc(PDD)$ is scheduled to report the quarterly earnings for period ending 30 September on 21 November 2024 before market open. PDD is expected to report a rise of 49.1 in quarterly revenue to CNY 102.646 billion from CNY 68.84 billion a year ago is expected to show a rise in quarterly revenue when it reports results on November 21 for the period ending September 30 2024 Earnings per share is estimated to come in at CNY 19.79 per share or $2.71. Will PDD Temu's European Expansion Affected By EU Probe (Twice) PDD Holdings' total revenues for the second quarter of 2024 were US$113,355.8 million, which was an 86% increase from the same quarter in 2023. However, this growth was slower than the 131% rate recorded in the first quarter of the

On Tuesday (19 Nov) stock market gave a mixed performance as investor sentiment was affected by the geopolitical tensions while investors also try to comprehend earnings reports from major retailers and await Nvidia’s earnings results today (20 Nov 2024). S&P 500 and NASDAQ gained 0.40% and 1.04% respectively after rebounding from early session losses while DJIA dropped 0.28% to end lower for fourth straight day. As market recovers some losses from last week, S&P 500 and NASDAQ have risen for two straight days. Last week was the worst week for U.S. stock in two months after the big post-election rally ended. Market participants was affected by the reports in the early session that Ukraine fired U.S.-supplied missiles into Russia, as well as news that Russian President Vladimir Puti

$Palo Alto Networks(PANW)$ is scheduled to announce fiscal Q1 2025 earnings results on Wednesday, 20 November 2024, after market close. In the fourth quarter of fiscal 2024, Palo Alto topped consensus estimates, bolstered by an increase in its subscription and support revenue. On a per-share basis, the company reported earnings of $1.51, which was more than the consensus estimate of $1.41, while quarterly revenue of $2.19B (+12.8% Y/Y) beat estimates by $40M. For this reporting quarter, market is expecting PANW to report a quarterly EPS Estimate of $1.48 (+6.5% Y/Y) on revenue of $2.12B (+11.6% Y/Y). The company's management transitioned guidance to an RPO (remaining performance obligation) basis and guided for 19% to 20% growth for both fiscal fi

$Snowflake(SNOW)$ is scheduled to report its third-quarter fiscal 2025 results on 20 Nov 2024 after market close. Market consensus estimate for revenues is pegged at $898.77 million, indicating an increase of 22.42% from the year-ago quarter’s reported figure. Earnings per share consensus mark we are looking at 15 cents, this is a decrease of 40% compared to same quarter one year ago. Good Cloud Computing Growth Might Be Good News For SNOW If we were to look at SNOW as a standalone software house, I do not know that is appropriate, SNOW sells their data analytics and management software that runs on the cloud computing platforms of $Amazon.com(AMZN)$ , $Microsoft(MSF

The S&P 500 and NASDAQ rose Monday (18 Nov) with 0.39% and 0.60% gains respectively as the U.S. equities market rebounded from a sharp sell-off at the end of last week.  Russell 2000 increased by 0.1%. DJIA slipped 0.1%. Stocks were coming off their worst weekly performance since early September, with the S&P 500 and Nasdaq Composite losing 2.1% and 3.2%, respectively, last week as the post-election rally that had boosted stocks to record highs lost steam. Buy-the-dip interest following last week's consolidation supported the market's upward trend. Mega-cap stocks and semiconductor-related names significantly contributed to the index gains. Nvidia (NVDA) was down 1.29%. The stock fell due to reports about potential overheating issues with its AI chips. Earnings are expected to

$NIO Inc.(NIO)$ is scheduled to report its quarterly earnings for the period ending 30 September 2024 on 20 November 2024 before market open. NIO is expected to show a rise in quarterly revenue with a 0.7% increase in revenue to CNY 19.193 billion from CNY19.07 billion a year ago, This is within the guidance given on 05 September 2024, for the period ended September 30, which was for revenue between CNY 19.11 billion and CNY 19.67 billion. Its gross margin was 9.7 percent in the second quarter, the highest since the third quarter of 2022. The figure was 1.0 percent in the second quarter of 2023 and 4.9 percent in the first quarter of 2024. Vehicle margin was 12.2 percent in the second quarter, compared to 6.2 percent in the second quarter of 2023 a

Building the infrastructure for AI is still very much a work in progress. Capital expenditure at Microsoft , Meta , Alphabet and Amazon reached a combined $60 billion in the third quarter. But companies warned that the spending is not going to end anytime soon. I am writing this article to examine whether Nvidia can continue to win with more orders as Big Tech AI Capex spending cycle does not seem to show signs of slowing down. I am holding onto my position in Nvidia as I expect Nvidia to make a move towards the $155 if the sales order booked with AI Capex cycle translate to revenue for the reporting quarter. $Microsoft(MSFT)$ forecast second-quarter 2025 Azure revenue growth of 31% to 32%; Capital expenditures rose 5.3% to $20 billion;

$XPeng Inc.(XPEV)$ is expected to report its quarterly earnings for period ending 30 September 2024 on 19 Nov 2024 before the market open. XPEV is expected to show an increase in its quarterly revenue mainly due to a significant increase in the deliveries for the third quarter. Revenue is expected to see a 14.5% increase in revenue to CNY 9.769 billion from CNY 8.53 billion a year ago. This is near the high side of the guidance that was given for period ending 30 Sep 2024 on 20 Aug 2024 which estimated revenue to come in between CNY 9.10 billion and CNY 9.80 billion. Earnings per share for XPEV is expected to come in at a loss of CNY1.71 per share or 29 cents. Xpeng (XPEV) Registrations In China Declining -> Worrying Signs? XPEV insurance regis

The stock market experienced some consolidation activity following previous week's surge. On last Friday (15 Nov) we saw the market closed with significant losses. The decline was due to the concerns over interest rates and the Fed's cautious stance on rate cuts. S&P 500 reached a record high on Monday, closing above 6,000 for the first time, but ended the week 2.1% lower. But since the election results, the S&P 500 remains 1.5% higher. We saw broad-based selling pressure which affects the chipmakers and mega caps. The equal-weighted S&P 500 ended 1.7% than the previous week. Large-cap technology stocks, especially semiconductor-related names, experienced outsized declines. The New York Fed Empire State Manufacturing Survey for November showed a strong reading of 31.2, indicati

$Wal-Mart(WMT)$ is scheduled to report its earnings for the fiscal third quarter of 2025 before the market open on Tuesday (19 Nov). Market is expecting sales to continue growing as Walmart's customer base grows, Wal-Mart said that their market share grew across income levels in recent quarters, this trend of market share growth should continue. On top of that, improving sales is also expected as WMT continues to expand its customer base across income levels. Another area of growth would be WMT digital advertising business, this business should be able to boost Walmart's overall profit margins. Earnings per share is expected to come in at 53 cents. Looking Forward For WMT To Adjust Outlook I think market and analysts are looking for WMT to adjust t

$Palantir Technologies Inc.(PLTR)$ well done! PLTR, continue to amaze us with your fantastic performance!

Major indices moved lower on Thursday (14 Nov) with losses across the board.We saw S&P 500 went down by 0.60%, NASDAQ declined 0.64% and DJIA dropped 0.47%, while Russell 2000 underperformed with a 1.4% loss. This sluggish stretch for the U.S. stock market continued after a big post-election rally. The selling was driven by normal consolidation efforts after a significant run in equities following the election. Despite the losses, the Russell 2000 remains 3.4% higher than its close before the election results. Economic Data On Thursday Morning Fuel Ongoing Profit-Taking Activity Thursday morning’s economic data like the wholesale prices and jobless claims which came in largely as expected. October Producer Price Index (PPI) indicated rising inflation at the wholesale level, while weekl

On Thursday (14 Nov), stocks experienced a slight pullback, with the S&P 500 closing 0.60% lower. The market has continued to fluctuate after its record-breaking rally fueled by the presidential election and an FOMC interest rate cut. Probabilities For Dec Rate Cut Of 25 Basis Point Drop Significantly Data on Thursday (14 Nov) Morning on wholesale prices and jobless claims came in largely as expected. Federal Reserve Chair Jerome Powell, in his first appearance since the central bank cut its benchmark rate last week, expressed confidence inflation would continue to decline toward the Fed's target, but that the path would be "sometimes bumpy." The economy, he added, "is not sending any signals that we need to be in a hurry to lower rates." If we looked at the FedWatch, the probabilities

If you have been following the $CME Bitcoin - main 2411(BTCmain)$ price movement, we are already seeing Bitcoin taking longer to maintain level above $90,000. So why is this happening? There are some factors that I would look out for. Basically it is the transaction over 7-day MA (Moving Average), active addresses and new addresses on the Bitcoin network. Daily Transactions On Bitcoin Network (7DMA) Need To Stay At the Top Near 700k If we looked at how Bitcoin price have been moving, we can see that transactions was above 700k when we saw Bitcoin price went to a new highs in September, October and also November. But we are seeing the transactions moving near 500k, so if we saw transactions start to move towards and above 700k, then we could b

We saw stocks movement have a good start on Wednesday (13 Nov) after the closely watched Fed Consumer Price Index (CPI) report show that the consumer price index (CPI) rose 0.2% in October for the fourth straight month and advanced 2.6% on an annual basis, the Labor Department's Bureau of Labor Statistics said. Excluding the volatile food and energy components, the CPI increased 0.3% in October, meeting economists' forecasts. While annual inflation came in at 2.6%, with both numbers in line with economists' estimates. The data helped reinforce expectations that the Fed will cut rates again at its policy meeting in December, but it was not enough to sustain and boost investor sentiment throughout the session. DJIA and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost

$Alibaba(BABA)$ is scheduled to report its fiscal second-quarter 2025 earnings on 15 Nov 2024 before market open. BABA is expected to report net profit of 26.49 billion yuan, equivalent to $3.66 billion, for the three months ended September, that would be lower compare with net profit of 27.71 billion yuan a year earlier and 24.27 billion yuan in the June quarter. Second-quarter revenue was likely 238.49 billion yuan up from 224.79 billion yuan a year ago but lower than 243.24 billion yuan in its first quarter. Earnings per share forecast is expected to come in at $2.05. The likely reason why revenue might be up but profit drop is because BABA account for heavy spending to improve the user experience on its Taobao and Tmall platforms. Effect Of Ma

The stock market experienced a pause following a strong performance since last week's election results. We saw major U.S. equities ticked lower as the post-election rally lost momentum. The losses were relatively smaller as compared to the gains since last Tuesday’s (05 Nov) close. The S&P 500 fell 0.29% on its first down day since the election. The DJIA dropped more than 350 points, ending Tuesday's session 0.86% lower, while the NASDAQ slipped 0.09%. The Russell 2000 index fell by 1.8% today, yet it remains up by 5.8% since the election. This decline was driven by profit-taking and rising market rates. Mega Cap Support To Broader Equity Market Gains in some mega-cap stocks like Microsoft (MSFT) up 1.20% and NVIDIA (NVDA) up 2.09% helped to provide support to the broader equity market

$JD.com(JD)$ is scheduled to report the quarterly results for period ending 30 Sep 2024 on 14 November 2024 before market open. JD is expected to show show an increase of 4.9% in revenue to $259.805 billion from $247.7 billion a year ago, the earnings per share is estimated to be at CNY7.42 or $1.06. Robust Sales Growth From Numbers Issued During Online Shopping Gala, But At What Cost? JD issued a raft of numbers showing robust sales growth during the country’s biggest annual online shopping gala, belying concerns about the malaise dogging the world’s No. 2 economy. JD reported customers increased by more than 20%. But we need to look at what is the cost to generate these robust sales growth, I think we can look at how their cost of revenues, fulfil