Recently, semiconductor company stock prices have significantly pullbacked, among which:Lithography giant $ASML Holding NV(ASML)$ corrected 22.5%; $Applied Materials(AMAT)$ , the world's largest semiconductor equipment company, saw an 11% pullback; $Advanced Micro Devices(AMD)$ pullbacked 23.6%;Chip contract manufacturing giant $Taiwan Semiconductor Manufacturing(TSM)$ back 19.4%...What happened? Is this semiconductor pullback a buying opportunity?In general, the main reason for this wave of semiconductor pullback is that semiconductor fundamentals cannot match skyrocketing stock prices.For example, Applied Materials, befo

After the US stock market closed yesterday, semiconductor giant $Intel(INTC)$ collapsed, its share price plummeted 10.9% :On the news, Intel released fourth-quarter report, which exceeded market expectations in terms of revenue and net profits, but the guidance for the first quarter of this year was poor, causing the stock price to plummet:Why did this earnings report make Wall Street nervous?Specifically, Intel performed well in the fourth quarter of last year, with revenue of $15.4 billion, an increase of 9.7%, approaching the upper limit of management's guidance of $14.6-15.6 billion:By business, Intel's traditional client business generated revenue of $8.844 billion, an increase of 33.1%; Data center business revenue of $3.985 billion, down 9.

$Pinduoduo Inc.(PDD)$ just released its third quarter results, the stock soared 16% in pre-market trading, and the market capitalization reached $181.4 billion, which is four times that of $JD.com(JD)$ $JD-SW(09618)$ and approaching $Alibaba(BABA)$ $Alibaba(09988)$'s $197.2 billion. The throne of China's largest e-commerce is about to change!PDD is the last of the three e-commerce giants to disclose third quarter reports. Though belated, the results have exploded, crushing Wall Street expectations in terms of revenue and profits:Specifically, PDD's revenue was 68.84 billion yuan

After the US stock market closed yesterday, semiconductor giant $NXP Semiconductors NV(NXPI)$ released the third quarter results, performance and guidance exceeded market expectations, once again verified that the semiconductor industry has been rebound！Specifically, NXP's third-quarter revenue was $3.434 billion, with analysts expecting $3.41 billion, down 0.3% from a year earlier, which continues to narrow from the previous two quarters:By business, NXP's largest revenue source is automotive chips, with revenue of $1.89 billion in the third quarter, an increase of 4.8%. Industrial and Internet of Things revenue was $607 million, down 14.9% year-on-year. Communications and others revenue was $559 million, up 7.9% from the same period last year.Mo

Last night, after Tesla released its financial report, the stock price plummeted by 9.74%. Could this be the signal of a new round of plunge?Looking back, Tesla $Tesla Motors(TSLA)$ 's previous surge was driven by a skyrocketing valuation due to the rebound in sales. At the beginning of the year, Tesla's price-to-earnings ratio (P/E) dropped to below 30PE:As of yesterday, Tesla's P/E ratio remains as high as 74 times.Regarding sales, the delivery volume in the first half of the year increased by 57% compared to the previous year, and the strategy of price reduction and promotion played a role. But the downside is that the gross profit margin continued to decline in the second quarter, reaching only 18.19%.According to Musk, Tesla is more focused o

After hours yesterday, Alibaba $Alibaba(BABA)$ $Alibaba(09988)$ released fourth-quarter results for fiscal year 2023 (corresponding to the first quarter of this year), with mixed data and a 6% drop in share prices.In terms of growth, Alibaba's revenue in the fourth quarter was 208.2 billion yuan, which was lower than the analyst's expectation of 209.2 billion yuan. However, under the condition of cost reduction and efficiency improvement, the net profit greatly exceeded expectations:In the fourth-quarter results, Alibaba described the spinoff plan in strong detail, and the company gave a specific listing time node, perhaps management hopes to rely on the spinoff to improve Alibaba's share price, but mark

Under SEC rules, fund managers with more than $100m in assets under management must publish a document called "Form 13F" to disclose their positions in stocks and bonds within 45 days of the end of each quarter.Recently, the major institutions have disclosed the position data, from the position changes of Hillhouse and Greenwoods, a Chinese stock has been mercilessly abandoned, or indicates the coming of a big change!First, let's take a look at Hillhouse's positions. Among the top 10 holdings by market capitalization, Hillhouse increased its holdings in Pinduoduo $Pinduoduo Inc.(PDD)$ , Beike $KE Holdings Inc.(BEKE)$ $KE Holdings Inc.(02423)$ , Alibaba

Just now, Li Auto $Li Auto(LI)$ released its first quarter results, and its stock price jumped 7% in the premarket moments, giving a perfect explanation for the results:Specifically, the revenue of Li Auto in the first quarter was 18.787 billion yuan, slightly exceeding the consensus forecast of 18.68 billion by analysts. What is surprising is that the company adjusted net income is 1.4 billion yuan, which greatly exceeds the analyst expectation of 660 million yuan:The financial report of new energy vehicles is actually relatively boring. The main influence on the stock price is the monthly sales volume, and the revenue and profit are the final reaction of the sales data.In terms of monthly sales, Li Auto hit record highs, with total sales of 52584

According to a Reuters report, executives from chip giants such as Intel, Qualcomm, and Nvidia $NVIDIA Corp(NVDA)$ met with the Biden administration on their policies toward China on the 17th. The insiders revealed that these executives opposed tightening export controls on chips and semiconductor manufacturing equipment to China. It is reported that Washington plans to announce new rules within a few weeks.Prior to this, there were media reports that the Netherlands and the United States were pressuring ASML $ASML Holding NV(ASML)$ to prohibit the sale of DUV lithography machines to China without Washington's approval, and even to provide maintenance, repair services and supply spare parts for restricted

Dell is on fire again, with its stock price surging by 21.25% last Friday, reaching a historic high, and a total annual gain of up to 70%!What happened?Last Thursday after the market closed, Dell released its second-quarter earnings for the 2024 fiscal year (covering the three-month period ending on August 4th), with revenue and net profit significantly surpassing analyst expectations:Among these, second-quarter revenue was $22.9 billion, down 13.2% year-on-year, surpassing analyst expectations of $21 billion: Breaking it down by business segments, the Client Solutions Group (including branded hardware like desktops and laptops, as well as peripherals like monitors and projectors) reported revenue of $12.94 billion in the second quarter, down 16.4% year-over-year; Servers and Networki

After the bell, Apple $Apple(AAPL)$ released its third-quarter results for fiscal 2023 (the second quarter of 2023), with revenue and net profit beating analysts' expectations:Despite the bright results, Apple's shares fell as much as 3% in after-hours:A detailed study of the reasons may be related to the lower-than-expected revenue of iPhone and iPad. Of course, the most important thing is that Apple has risen as high as 47% during the year when its fundamentals have not improved. As the saying goes, It is too high to touch! it is easy for investors to pick bones in the eggs if they are slightly lower than expected.Specifically, Apple's revenue in the third quarter of fiscal 2023 was $81.8 billion, down 1.4% from a year earlier and slightly highe

Nvidia $NVIDIA Corp(NVDA)$ , king of AI, will release the second quarter of the fiscal year 2024 (May 1, 2023 - July 31 2023) after the closing bell on August 23. The financial report of the world attention, it may have a significant impact on the trend of the US stock market!In the last quarterly earnings report, Nvidia stunned the world. Management expected FY24Q2 revenue to be around $11 billion, a year-on-year increase of 64%, far exceeding analysts' consensus expectations of $7.15 billion!Boosted by this, Nvidia soared 24% the day after the results were announced, or 1.6 Intel$Intel(INTC)$ a day!Since then, Nvidia's share price has risen continuously, with a market capitalization of more than $1 tril

Today, LV (Louis Vuitton) $LVMH-Moet Hennessy Louis Vuitton(LVMUY)$ released its third-quarter report, and its stock price plummeted nearly 8% at one point, wiping out all the gains made earlier this year:No need to say much, LV's third-quarter performance has collapsed!In specific terms, LV's overall third-quarter revenue was 19.96 billion euros, with only a 1% year-on-year increase, significantly below the analysts' expectations of 21.14 billion:Looking at the business segments, the highest revenue came from leather goods at 9.75 billion, with a 0.7% year-on-year growth, significantly down from the 15.8% growth in the second quarter; Selected retail revenue reached 4.08 billion, with a surprising 17.6% year-on-year growth, making it the only bu

$GLOBALFOUNDRIES Inc.(GFS)$ , chip foundry leader, issued third quarter results yesterday, and the stock price rose more than 9% at one point in intraday trading, the largest increase in recent months.In terms of performance, although revenue and profit in the third quarter exceeded analysts' expectations, the growth rate is still deteriorating in terms of trend.Specifically, GlobalFoundries's revenue in the third quarter was $1.852 billion, down 10.7% year-on-year, and slightly better than analysts' expectations of $1.85 billion:Obviously exceeding expectations was profit, with adjusted net profit in the third quarter of $308 million, significantly exceeding analyst expectations of $279 million, showing GlobalFoundries's strong ability to maintain

Following the Fed's moves, the People's Bank of China has jumped on the easing bandwagon too. Last week, U.S. markets showed strong technical demand, while this week, there's a huge bullish appetite in China and emerging markets.Over in the U.S., the $S&P 500(.SPX)$ hit a new high last Thursday, and there's an initial rotation back into tech stocks. However, small caps have struggled since the Fed's rate cut. $S&P 500(.SPX)$Looking ahead, Goldman Sachs' chief trader and hedge fund research head, Tony Pasquariello, sums up investors’ dilemma: to chase the rally or not to chase?Pasquariello remains confident that the overall trend is upward, even though much of it is already priced in. There are two

$Baidu(BIDU)$ $BIDU-SW(09888)$ released its fourth quarter report in premarket, with revenue slightly below analysts' expectations:However, under the strategy of reducing costs and increasing efficiency, Baidu's profitability once again exceeded expectations.Unfortunately, the market didn't seem to appreciate it, and Baidu's stock price tanked by nearly 6% in pre-market:Revenue in the fourth quarter was 34.95 billion yuan, up 5.7% from a year earlier, slightly less than the 35 billion yuan expected by analysts:Such a slight difference is negligible, coupled with the improvement on the profit side, Baidu's earnings report is not bad compared with expectations.However, the current growth rate of Baidu is r

Just now, JD.com $JD.com(JD)$ $JD-SW(09618)$ announced the second quarter report, and the stock price fell more than 5% before the market:However, compared with analyst expectations, JD.com 's revenue and operating profit in the second quarter exceeded expectations. Since it is so "beautiful", why do investors flock out?The answer is its core business no improvement!First, let's take a look at the overall income. JD.com 's revenue in the second quarter was 287.9 billion yuan, an increase of 7.6% over the same period last year, exceeding analysts' expectations of 279.1 billion yuan:In terms of growth, although the 7.6% growth rate is much dimmer than the previous growth of more than 20%, it has at least ush